NOT LISTED FOR SALE

3039 SW 118th Dr Gainesville, FL 32608

Estimated Value: $566,986 - $603,000

4 Beds
3 Baths
2,239 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2022

Last sale price $559,300 $250 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,062 / mo

Highlights

  • Under Construction
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Lawton M. Chiles Elementary School Rated A-
  • Engineered Wood Flooring
  • High Ceiling

About This Home

As of October 2022

Live comfortably in one of ICI's best-selling homes! The Serena features plenty of premium living space. A large living room is centrally located for maximum convenience. A spacious gourmet kitchen and dining area are perfect for entertaining guests or spending quality time with the family. Views from this space look out onto the covered lanai. The master suite enjoys absolute relaxation and serenity. The master bath leads into a large walk-in closet. Guest bedrooms are located at the front of the home, away from the main living area, so guests can enjoy their own separate spaces in the home. A functional laundry room is also located nearby.

Last Agent to Sell the Property

Ali H Kargar

ICI SELECT REALTY License #1010564 Listed on: 02/28/2022

Last Buyer's Agent

Ali H Kargar

ICI SELECT REALTY License #1010564 Listed on: 02/28/2022

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 6,392 Sq Ft Lot
  • Northwest Facing Home

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,239 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Low Emissivity Windows
  • Sliding Doors
  • Den
  • Inside Utility
  • Laundry in unit
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tax Lot 534
  • Assessor Parcel Number 04427-111-534
  • $2,400 per year additional tax assessments

Community Details

Overview

  • Leland Mngmt Association, Phone Number (352) 727-7939
  • Built by ICI Gainesville Residential LLC
  • Oakmont Subdivision, Serena Modern Floorplan
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed

Property Details

Home Type

Co-Op

Year Built

Built in 2022 | Under Construction

Lot Details

6,392 Sq Ft Lot

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Cement Siding, Stone, Wood Frame
  • Fireplace: No
  • Living Area: 2239
  • Lot Size Acres: 0.14
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 6392
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC502947?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC502947?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Projected Completion Date: 2023-02-28T05:00:00.000Z
  • Ratio: Close Price\List Price: 1.00469
  • Price per Sq Ft: 249.8
  • Close to Original List Price Ratio: 1.00469
  • View: No
  • Ownership: Co-op
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Engineered Hardwood, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Disposal, Gas Water Heater, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Low Emissivity Windows
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Pool
  • Association Fee: 95
  • Association Fee Frequency: Annually
  • Association Name: LELAND MNGMT
  • Phone: 352.727.7939
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

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: RESI
  • Parcel Number: 04427-111-534
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: ICI Gainesville Residential LLC

Rental Info

  • Pets Allowed: Number Limit
  • Minimum Lease: 6 Months
  • Approval Process: Provide proof that lease is not less than 6 months
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Communicate with HOA

Tax Info

  • Tax Lot: 534
  • Tax Other Annual Assessment Amount: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
Oct 3, 2022
Sold by
Ici Of Gainesville Residential Llc
Bought by
Wang Yao-Chin and Lin Chang-Wei
Seller's Agent
Ali H Kargar
ICI SELECT REALTY
Buyer's Agent
Ali H Kargar
ICI SELECT REALTY
List Price
$556,690
Sold Price
$559,301
Premium/Discount to List
$2,611
0.47%
Current Estimated Value
$583,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,196
Avg. Annual Appreciation
1.20%
Original Mortgage
$447,441
Outstanding Balance
$427,147
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$156,350

Purchase Details

Closed on
Apr 7, 2022
Sold by
Cc Oakmont Llc
Bought by
Ici Of Gainesville Residential Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Wang Yao-Chin $559,400 Southern Title Holding
Ici Of Gainesville Residential Llc $2,007,300 Southern Title Holding
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yao-Chin $447,441
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $559,301 +0.5% $250 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $556,690 -- $249 / Sq Ft
Source: Stellar MLS

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
2025 $11,778 $450,019 -- --
2024 $11,379 $437,336 $145,000 $292,336
2023 $11,379 $440,487 $145,000 $295,487
2022 $4,197 $82,650 $82,650 $0
2021 $3,917 $75,240 $75,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC502947

Stellar MLS

APN: 04427-111-534

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