NOT LISTED FOR SALE

2735 SW 118th Terrace Gainesville, FL 32608

Estimated Value: $604,000 - $655,000

3 Beds
2.5 Baths
2,520 Sq Ft
$248/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $356,560 $141 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,222/month

143 Days on Market

Highlights

  • Craftsman Architecture
  • Clubhouse
  • Great Room
  • Lawton M. Chiles Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of April 2016

ICI Homes popular Belaire model with a large craftsman style front porch that opens to an elegant dining room, the perfect setting for special occasions. Luxurious master bedroom suite featuring a gorgeous bath and large walk-in closet, framed mirror to the ceiling & double sinks. An abundance of standard Hickory Series Features including soft close cabinetry and tray ceilings. Oakmont features a 45 acre tortoise preserve and is Gainesville''s new resort-style community with a magnificent clubhouse which will house a state-of-the-art fitness center and grand gathering room, as well as tennis courts, an amphitheater, a basketball court, playground and

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,479

Year Built

  • Built in 2016

Lot Details

  • 8,276

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • Great Room
  • Family Room
  • Home Security System
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Low Flow Plumbing Fixtures

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Washer and Dryer

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include regionally-sourced materials
  • Energy-Efficient Windows
  • Energy-Efficient Thermostat
  • Reclaimed Water Irrigation System

Utilities

  • Central Heating
  • Underground Utilities
  • Tankless Water Heater
  • Private Sewer

Additional Features

  • Covered Patio or Porch
  • 8,276 Sq Ft Lot
  • Mobile Home Model is Belaire Craftsman

Listing and Financial Details

  • Assessor Parcel Number 04427-011-068

Community Details

Overview

  • Oakmont Association, Phone Number (352) 335-7848
  • Built by ICI of Gainesville Residential
  • Oakmont Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,479

Year Built

Built in 2016

Lot Details

0

HOA Fees

$129 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Construction Materials: Brick, Cement Siding, Concrete, Frame, Stone
  • Living Area: 2520
  • Lot Size Acres: 0.19
  • Year Built: 2016
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Washer/Dryer
  • Lot Size Sq Ft: 8276
  • Green Sustainability: Regionally-Sourced Materials
  • Directions to Property: Oakmont entrance is just east of the intersection of SW 122nd Street and SW 24th Avenue on the south side of the Avenue
  • Status: Sold
  • Street Direction: SW
  • ResoBuildingAreaSource: Appraiser
  • List Office Head Office Key Nume: 539220974
  • RATIO Current Price By Calculate: 141.49
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Master Bedroom Main Floor, Other, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Oven, Refrigerator, Tankless Water Heater
  • Total Bedrooms: 3
  • Street Number Modifier: 2735
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Family Room,Great Room
  • Living Area Meters: 234.12
  • Room Count: 1

Exterior Features

  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Covered
  • Disclosures: Other Disclosures

Garage/Parking

  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Natural Gas Available, Street Lights, Underground Utilities, Water - Multiple Meters
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Other
  • Sewer: Private Sewer

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks, Tennis Courts
  • Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee: 1546
  • Association Fee Frequency: Annually
  • Association Name: Oakmont
  • Phone: 352-335-7848
  • Association: Yes
  • Security: Security System
  • Association Fee Requirement: Required

Lot Info

  • Parcel Number: 04427-011-068
  • Lot Features: Other, Sidewalk
  • Homestead YN: 1
  • Lot Size Square Meters: 769

Green Features

  • Efficiency: Thermostat, Windows
  • Green Water Conservation: Irrigation-Reclaimed Water, Low-Flow Fixtures
  • Green Verification Count: 1

Building Info

  • Builder Name: ICI of Gainesville Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2015
Closed on
Apr 29, 2016
Sold by
Ici Of Gainesville Residential Llc
Bought by
Ahuja Ginny and Dey Kishore K
List Price
$355,940
Sold Price
$356,560
Premium/Discount to List
$620
0.17%
Current Estimated Value
$624,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,243
Avg. Annual Appreciation
6.10%
Original Mortgage
$285,200
Outstanding Balance
$227,555
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$397,248

Purchase Details

Closed on
Aug 10, 2015
Bought by
Ahuja and Ahuja Dey W
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
Ahuja Ginny $356,600 Southern Title Hldg Co Llc
Ahuja $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahuja Ginny $285,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Off Market $356,560 -- --
04/29/2016 04/29/16 Sold $356,560 +0.2% $141 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $355,940 -- $141 / 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 $9,479 $347,182 -- --
2023 $9,479 $337,070 $0 $0
2022 $8,978 $327,253 $0 $0
2021 $8,734 $317,722 $0 $0
2020 $8,339 $313,336 $0 $0
2019 $8,145 $306,291 $0 $0
2018 $7,804 $300,580 $0 $0
2017 $7,796 $294,400 $42,500 $251,900
2016 $2,649 $42,500 $0 $0
2015 $2,397 $40,000 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: GC369031

Stellar MLS

APN: 04427-111-068