NOT LISTED FOR SALE
4 Beds
4 Baths
3,152 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: November 9, 2023

Last sale price $932,500 $296 Per Sq Ft

90 Days on Market

Highlights

  • The property is located in a historic district
  • City View
  • Wood Flooring
  • Gainesville High School Rated A
  • Deck
  • High Ceiling

About This Home

As of November 2023

This classic, Victorian Revival building is a quadruplex with 4 spacious units. Each unit is a 1 bedroom/1 bathroom apartment in the highly sought-after Northeast Historic District (aka. The DuckPond) of Northeast Gainesville. Downtown Gainesville is walking distance, and the University of Florida is 1.5 miles away. This property boasts all-modern upgrades while also retaining its vintage elegance and charm. The original features include a large, covered front porch, original hardwood floors, and multiple fireplaces. Each unit has its own modern and upgraded kitchen, bathroom, and utility area. The roof, the electrical system, the plumbing/water tanks, and the HVAC systems are all 6-7 years old. There are two units upstairs and two downstairs. The two upstairs units are accessible via an external staircase that leads to a shared door and interior hallway that houses the front doors for both units. This property could serve as a fantastic income-producing investment as well as a home for any potential buyer.

Three of the four units are established listings on Airbnb. One of the four units is annually leased but is being converted into a fourth Airbnb listing. All four units currently generate a gross income of $135,000.00 per year.

There is an ad-valorem tax exemption discount awarded for 10 years for renovations made that catered to the historic preservation of the property.

Last Agent to Sell the Property

Jonathan Varol

EXP REALTY LLC Brokerage Phone: 352-215-1580 License #3432281 Listed on: 05/09/2023

EXP REALTY LLC

Last Buyer's Agent

Jonathan Varol

EXP REALTY LLC Brokerage Phone: 352-215-1580 License #3432281 Listed on: 05/09/2023

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,160

Year Built

  • Built in 1933

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 87x140
  • Garden

Property Views

  • City
  • Garden

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,152 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • The property is located in a historic district

Schools

  • W. A. Metcalfe Elementary School
  • Westwood Middle School
  • Gainesville High School

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,592 Sq Ft Building
  • Home Investment Co Add Ford & Wooley S/ Subdivision

Building Details

  • Gross Income $145,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,160

Year Built

Built in 1933

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 3152
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1933
  • Building Area Total: 3592
  • Lot Size Sq Ft: 10454
  • Status: Sold
  • Street Direction: NE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 333.71
  • Escrow City: Gainesville
  • Escrow State: FL
  • Escrow Street Name: NW 76th Drive. Suite D
  • RATIO Current Price By Calculate: 295.84
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 292.83

Exterior Features

  • Exterior Features: Garden, Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: City, Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Porch, Side Porch
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Original Gainesville

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: W. A. Metcalfe Elementary School-AL
  • High School: Gainesville High School-AL
  • Middle Or Junior School: Westwood Middle School-AL

Lot Info

  • Zoning: RMF5
  • Parcel Number: 12378-000-000
  • Additional Parcels: No
  • Lot Features: Historic District, City Limits, Sidewalk, Paved
  • Lot Dimensions: 87x140
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 12000

Multi Family

  • Gross Income: 145000
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 8160.35
  • Tax Book Number: A-59
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Nov 9, 2023
Sold by
Bought by
Seller's Agent
Jonathan Varol
EXP REALTY LLC
Buyer's Agent
Jonathan Varol
EXP REALTY LLC
List Price
$949,900
Sold Price
$932,500
Premium/Discount to List
-$17,400
-1.83%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,800
Interest Rate
0.0731%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2015
Closed on
Jan 15, 2016
Sold by
Bought by
Seller's Agent
Michelle Hazen
SAGE REAL ESTATE
Buyer's Agent
Michelle Hazen
SAGE REAL ESTATE
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.17%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
0.0665%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
0.0622%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 1987
Bought by

Purchase Details

Closed on
Jul 1, 1982
Bought by

Purchase Details

Closed on
Feb 1, 1979
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$932,500 None Listed On Document
$270,000 Attorney
$283,800 Eastern Trust Title Inc
$210,000 None Available
-- --
$1,500 --
-- --
$100 --
$62,000 --
$40,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $653,800
Previous Owner $150,000
Previous Owner $227,700
Previous Owner $227,000
Previous Owner $110,000
Previous Owner $98,000
Previous Owner $105,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2023 11/09/23 Sold $932,500 -0.2% $296 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/23/2023 07/23/23 Price Changed $934,000 -1.7% $296 / Sq Ft
07/23/2023 07/23/23 For Sale $949,900 0.0% $301 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $949,900 +251.8% $301 / Sq Ft
12/06/2021 12/06/21 Off Market $270,000 -- --
01/15/2016 01/15/16 Sold $270,000 -9.7% $80 / Sq Ft View Prior Sale
12/16/2015 12/16/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $299,000 -- $89 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,566 $822,505 $189,000 $633,505
2024 $9,392 $705,155 $189,000 $516,155
2023 $9,392 $499,728 $189,000 $310,728
2022 $8,160 $439,102 $135,902 $303,200
2021 $7,500 $392,770 $135,902 $256,868
2020 $6,721 $353,739 $135,902 $217,837
2019 $5,493 $228,087 $83,632 $144,455
2018 $4,950 $232,300 $115,000 $117,300
2017 $4,464 $187,600 $75,000 $112,600
2016 $2,854 $156,000 $0 $0
2015 $2,996 $159,400 $0 $0
2014 $3,093 $162,500 $0 $0
2013 -- $165,900 $40,000 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC513251

Stellar MLS
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