NOT LISTED FOR SALE

2747 SW 118th Terrace Gainesville, FL 32608

Estimated Value: $606,000 - $766,000

4 Beds
2.5 Baths
2,520 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $372,165 $148 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,345/month

Highlights

  • Clubhouse
  • Wood Flooring
  • Community Pool
  • Lawton M. Chiles Elementary School Rated A-
  • Great Room
  • Tennis Courts

About This Home

As of January 2016

ICI Homes popular Belaire model with an elegant Mediterranean entry that opens to a separate 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. Custom butler pantry, quartz kitchen counters, upgraded cabinetry, bedroom ilo flex, upgraded backsplash and hardwood floors in living areas.Standard Hickory Series Features including soft close cabinetry and tray ceilings. Oakmont is Gainesville''s new resort-style community with a magnificent clubhouse (under construction), state-of-the-art fitness center, tennis courts, amphitheater, basketball court, playground and a resort-style swimming pool with lap lanes.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,559

Year Built

  • Built in 2016

Lot Details

  • 8,276

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Low Flow Plumbing Fixtures

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

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 Mediterranean

Listing and Financial Details

  • Assessor Parcel Number 04427-011-067

Community Details

Overview

  • Oakmont Association, Phone Number (352) 555-5555
  • Built by ICI of Gainesville Residential
  • Oakmont Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,559

Year Built

Built in 2016

Lot Details

0

HOA Fees

$123 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Frame, Stucco
  • Living Area: 2520
  • Lot Size Acres: 0.19
  • Year Built: 2016
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath
  • 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: 147.68
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Other, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Oven, Tankless Water Heater
  • Total Bedrooms: 4
  • Street Number Modifier: 2747
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Great Room
  • Living Area Meters: 234.12

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: 1474
  • Association Fee Frequency: Annually
  • Association Name: Oakmont
  • Phone: 352-555-5555
  • Association: Yes
  • Security: Security System
  • Association Fee Requirement: Required

Lot Info

  • Parcel Number: 04427-011-067
  • 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
Dec 7, 2015
Closed on
Jan 27, 2016
Sold by
Ici Of Gainesville Residential Llc
Bought by
Boyle Robert J O and Boyle Kathleen A O
List Price
$355,940
Sold Price
$372,165
Premium/Discount to List
$16,225
4.56%
Current Estimated Value
$663,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,622
Avg. Annual Appreciation
6.13%
Original Mortgage
$297,532
Outstanding Balance
$237,495
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$426,292

Purchase Details

Closed on
Jul 21, 2015
Bought by
O'Boyle Robert J and O'Boyle Kathleen A
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
Boyle Robert J O $372,200 Southern Title Hldg Co Llc
O'Boyle Robert J $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyle Robert J O $297,532
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Off Market $372,165 -- --
01/27/2016 01/27/16 Sold $372,165 +4.6% $148 / Sq Ft
12/07/2015 12/07/15 For Sale $355,940 -- $141 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
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 $8,559 $299,780 -- --
2023 $8,559 $291,049 $0 $0
2022 $8,081 $282,572 $0 $0
2021 $7,840 $274,342 $0 $0
2020 $7,452 $270,554 $0 $0
2019 $7,243 $264,471 $0 $0
2018 $6,931 $259,540 $0 $0
2017 $6,925 $254,210 $0 $0
2016 $2,649 $42,500 $0 $0
2015 $2,397 $40,000 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: GC369537

Stellar MLS

APN: 04427-111-067