NOT LISTED FOR SALE

2635 NW 2nd Ave Gainesville, FL 32607

Estimated Value: $309,000 - $659,000

7 Beds
4 Baths
2,600 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $260,000 $100 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,003/month

199 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Corner Lot
  • Formal Dining Room
  • Gainesville High School Rated A
  • No HOA
  • Converted Garage

About This Home

As of January 2020

*INVESTOR ALERT* Calling all investors! This one of a kind investment property has TWO identical 1 bedroom and 1 bathroom apartments located on top of the converted garage; each with their own respective efficiencies. The apartments come furnished with refrigerators , stoves, microwaves and were each rented for $750/month. In addition, there are 5 other bedrooms with access to a kitchen and 2 additional bathrooms. It includes a brand new AC combo machine compressor and AC handler installed in 2018. Along with the converted garage also comes 2 window AC units for the bottom two bedrooms. Roofing was also redone in the cross section between the converted garage and main house in at the end of 2018. The property is located within walking distance to UF Law school and the stadium. To top it off, this large investment property also comes with a spacious backyard along with plenty of curbside parking. Located in the highly sought after Hibiscus Park, this residential area is also a great opportunity for a family residence. You can relax and enjoy the peace and quiet of the main home, while generating an income by renting out the two apartments plus bottom units of which have a separate entrance to the home.

Last Buyer's Agent

Jordan Fennell

PORTAL REALTY License #3250872

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1945

Lot Details

  • 10,454 Sq Ft Lot
  • North Facing Home
  • Corner Lot
  • Property is zoned RSF-3

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Laminate Flooring

Kitchen

  • Oven
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Parking

  • Converted Garage
  • Driveway

Schools

  • J. J. Finley Elementary School
  • Westwood Middle School
  • Gainesville High School

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hibiscus Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06456-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Brick
  • Living Area: 2600
  • Lot Size Acres: 0.24
  • Year Built: 1945
  • Lot Size Sq Ft: 10454
  • Directions to Property: Turn from University Road and head north on NW 27th Street. Then head east on NW 2nd Avenue. It will the first house on the right.
  • Status: Sold
  • Street Direction: NW
  • ResoBuildingAreaSource: Owner
  • List Office Head Office Key Nume: 215047166
  • RATIO Current Price By Calculate: 100.00
  • Total Acreage: 0 to less than 1/4
  • Barn Features: None
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Other, Split Bedroom
  • Appliances Included: Cooktop, Electric Water Heater, Microwave, Oven
  • Total Bedrooms: 7
  • Street Number Modifier: 2635
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Formal Dining Room Separate,Interior In-Law Suite
  • Living Area Meters: 241.55
  • Room Count: 2

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Garage Yn: No
  • Parking Features: Converted Garage, Driveway

Utilities

  • Utilities: Water - Multiple Meters
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: J. J. Finley Elementary School-AL
  • High School: Gainesville High School-AL
  • Middle Or Junior School: Westwood Middle School-AL

Lot Info

  • Zoning: RSF-3
  • Parcel Number: 06456-010-000
  • Lot Features: Corner Lot
  • Homestead YN: 1
  • Lot Size Square Meters: 971

Tax Info

  • Tax Annual Amount: 3400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jan 15, 2020
Sold by
Argov Rami and Argov Jonathan
Bought by
Bui Daniel
Buyer's Agent
Jordan Fennell
PORTAL REALTY
List Price
$389,000
Sold Price
$260,000
Premium/Discount to List
-$129,000
-33.16%
Current Estimated Value
$469,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,745
Avg. Annual Appreciation
10.53%
Original Mortgage
$208,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2016
Sold by
Argov Rami and Argov Sharon R
Bought by
Argov Rami and Argov Jonathan

Purchase Details

Closed on
Dec 23, 2014
Sold by
Argov Rami and Argov Daniel
Bought by
Argov Jonathan and Argov Daniel

Purchase Details

Closed on
May 28, 2009
Bought by
Argov and Argov Argov

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,437
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Haven Paul H
Bought by
Haven Paul H

Purchase Details

Closed on
Feb 10, 1994
Bought by
Argov and Argov Argov

Purchase Details

Closed on
Jul 9, 1993
Bought by
Argov and Argov Argov

Purchase Details

Closed on
May 7, 1992
Bought by
Argov and Argov Argov
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bui Daniel $260,000 Bosshardt Title Ins Agcy Llc
Argov Rami $59,100 Bosshardt Title Ins Agcy
Argov Rami $90,800 Attorney
Argov Jonathan $31,300 None Available
Argov $195,300 --
Argov Daniel $195,250 Warranty Title Solutions Llc
Haven Paul H -- --
Argov $100 --
Argov $100 --
Argov $100 --
Argov $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bui Daniel $213,000
Closed Bui Daniel $208,000
Previous Owner Argov Daniel $146,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Off Market $260,000 -- --
01/15/2020 01/15/20 Sold $260,000 -33.2% $100 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $389,000 -- $150 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,330 $289,851 $95,000 $194,851
2023 $5,330 $226,739 $75,000 $151,739
2022 $4,881 $210,919 $75,000 $135,919
2021 $5,353 $227,236 $90,000 $137,236
2020 $4,449 $186,588 $46,250 $140,338
2019 $4,641 $189,690 $46,250 $143,440
2018 $3,401 $168,906 $0 $0
2017 $3,434 $166,554 $0 $0
2016 $3,205 $154,807 $0 $0
2015 $3,235 $153,400 $0 $0
2014 $2,704 $146,100 $0 $0
2013 -- $147,500 $46,300 $101,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC425313

Stellar MLS

APN: 06456-010-000