NOT LISTED FOR SALE

2772 SW 118th Terrace Gainesville, FL 32608

Estimated Value: $412,000 - $445,000

3 Beds
2 Baths
1,520 Sq Ft
$283/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $370,000 $243 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,986/month

4 Days on Market

Highlights

  • Solar Power System
  • City View
  • Craftsman Architecture
  • Lawton M. Chiles Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of December 2021

This beautiful 3/2 craftsman style “Prescott” home by Tommy Williams, “Gainesville’s Green Builder”, has been immaculately maintained and is truly move-in ready. A modern, open floorplan joins the large living room, dining room, and kitchen together into one cohesive living space. The kitchen features granite countertops, solid wood cabinets, stainless steel appliances, a pantry, and a breakfast bar. This home has a two-way split floorplan. The spacious master suite has crown molding, double vanities, a walk-in closet, and a large walk-in tiled shower. All living areas, and the master bedroom have dark, hand scraped wood flooring, and the guest bedrooms are carpeted. Both bathrooms have tile floors and the guest bathroom has a luxurious oversized soaking bathtub. You’ll enjoy many builder upgrades throughout the house, as well as some new additions like a paver patio in the backyard. This along with your open front porch, and screened-in back patio make for plenty of space to relax and entertain outside. This energy efficient home was built with many green features like spray foam attic insulation, a tankless water heater, low-E windows, and solar panels! This neighborhood also has Clay Electric. The amenities in Oakmont cannot be beat, they have a beautiful resort-style clubhouse and pool, fitness center, tennis courts, and more!

Last Agent to Sell the Property

Erin Gregoire

GARRETT REALTY License #3362058 Listed on: 10/29/2021

Last Buyer's Agent

Erin Gregoire

GARRETT REALTY License #3362058 Listed on: 10/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,990

Year Built

  • Built in 2017

Lot Details

  • 6,534 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Blinds
  • Drapes & Rods
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • City Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • Solar Power System
  • Drip Irrigation

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Lawton M. Chiles Elementary School
  • Kanapaha Middle School
  • F. W. Buchholz High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Listing and Financial Details

  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Tax Lot 62
  • Assessor Parcel Number 04427-111-062
  • $1,712 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,990

Year Built

Built in 2017

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Construction Materials: Cement Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1520
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2017
  • Building Area Total: 2174
  • Lot Size Sq Ft: 6534
  • Directions to Property: From W Newberry Rd x Parker Rd, head south on Parker Rd. Turn left onto SW 24th Ave, then turn right into Oakmont at SW 117th St. Take the first right onto SW 27th Ave then take the first left onto SW 118th Terr, home will be on the right.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC500498?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC500498?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01398
  • Price per Sq Ft: 243.42
  • Close to Original List Price Ratio: 1.01398
  • Ratio: Current Price\Building Area Total: 170.19
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Window Features: Blinds, Drapes, ENERGY STAR Qualified Windows
  • Street Number Modifier: 2772
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Natural Gas Connected, Phone Available, Sewer Connected, Solar, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 95
  • Association Fee Frequency: Annually
  • Association Name: Carla Deyorgi
  • Phone: (407)447-9955
  • Association: Yes
  • Senior Community: No
  • Association Website: https://lelandmgt.com/
  • Association Email: tbd
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 95
  • Monthly HOA Fee: 7.92
  • Total Monthly Fees: 7.92

Schools

  • Elementary School: Lawton M. Chiles Elementary School-AL
  • High School: F. W. Buchholz High School-AL
  • Middle Or Junior School: Kanapaha Middle School-AL

Lot Info

  • Zoning: PD
  • Parcel Number: 04427-111-062
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: Level, Sidewalk
  • Flood Zone Code: Zone X

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Thermostat, Water Heater, Windows
  • Green Power: Solar
  • Green Indoor Air Qlty: No/Low VOC Paint/Finish, Ventilation
  • Green Water Conservation: Drip Irrigation

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3990
  • Tax Lot: 62
  • Tax Other Annual Assessment Amount: 1712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 20, 2021
Sold by
Skelton Jennifer
Bought by
Basic Emir and Basic Katherina K
Seller's Agent
Erin Gregoire
GARRETT REALTY
Buyer's Agent
Erin Gregoire
GARRETT REALTY
List Price
$364,900
Sold Price
$370,000
Premium/Discount to List
$5,100
1.4%
Current Estimated Value
$430,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,117
Avg. Annual Appreciation
4.00%
Original Mortgage
$296,000
Outstanding Balance
$272,169
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$157,948

Purchase Details

Listed on
Mar 31, 2017
Closed on
Sep 14, 2017
Sold by
T W Williams Jr Inc
Bought by
Skelton Jennifer
Buyer's Agent
Bryan Croushore
BHGRE THOMAS GROUP
List Price
$259,400
Sold Price
$271,205
Premium/Discount to List
$11,805
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$200,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2017
Bought by
T W Williams Jr Inc

Purchase Details

Closed on
Apr 29, 2016
Bought by
T W Williams Jr Inc
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
Basic Emir $370,000 Attorney
Skelton Jennifer $271,300 Bosshardt Title Ins Agency L
T W Williams Jr Inc $100 --
T W Williams Jr Inc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basic Emir $296,000
Previous Owner Skelton Jennifer $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $370,000 +36.4% $243 / Sq Ft
12/06/2021 12/06/21 Off Market $271,205 -- --
11/01/2021 11/01/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $364,900 +34.5% $240 / Sq Ft
09/07/2017 09/07/17 Sold $271,205 +4.6% $180 / Sq Ft View Prior Sale
04/10/2017 04/10/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $259,400 -- $172 / 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 $8,443 $318,084 -- --
2023 $8,443 $308,820 $0 $0
2022 $8,813 $299,825 $82,650 $217,175
2021 $6,755 $240,685 $0 $0
2020 $6,409 $237,362 $0 $0
2019 $6,180 $232,026 $0 $0
2018 $5,913 $227,700 $55,000 $172,700
2017 $2,433 $42,500 $42,500 $0
2016 $2,245 $42,500 $0 $0
2015 $2,201 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC500498

Stellar MLS

APN: 04427-111-062