NOT LISTED FOR SALE

3142 SW 120th Terrace Gainesville, FL 32608

Estimated Value: $535,455 - $558,000

3 Beds
2 Baths
1,875 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $499,090 $266 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,690/month

Highlights

  • Under Construction
  • Pond View
  • Living Room with Fireplace
  • Lawton M. Chiles Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of June 2022

Under Construction. The Charlotte is reminiscent of a quaint cottage with its highly pitched roof. This is a home full of warm feelings! The floor plan is designed for optimal convenience, allowing you to enter through a mud room area attached to the garage. The walk-in pantry is just steps away from the mud room, making bring in the groceries easy. From there, enter the kitchen and open living and dining areas, perfect for entertaining or spending time with the family. This home features a rear master suite for you to retreat to at the end of the day for privacy.

Last Agent to Sell the Property

Ali H Kargar

ICI SELECT REALTY License #1010564 Listed on: 12/21/2021

Last Buyer's Agent

Ali H Kargar

ICI SELECT REALTY License #1010564 Listed on: 12/21/2021

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 6,250 Sq Ft Lot
  • Southeast Facing Home

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 1,875 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Low Emissivity Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Inside Utility
  • Laundry in unit
  • Pond Views
  • Home Security System
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Visit Down Payment Resource Website
  • Tax Lot 557
  • Assessor Parcel Number 04427-111-557
  • $2,400 per year additional tax assessments

Community Details

Overview

  • Leland Management Association, Phone Number (352) 727-7939
  • Built by ICI Gainesville Residential LLC
  • Oakmont Subdivision, Charlotte Coastal Modern Floorplan

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$3,917

Year Built

Built in 2022 | Under Construction

Lot Details

0

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, Wood Frame
  • Fireplace: Yes
  • Living Area: 1875
  • Lot Size Acres: 0.14
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 6250
  • Directions to Property: Head SE on I-75 S, 1mile. Take Exit 387 for FL-26 twd Newberry Rd. Keep left at fork, follow signs for Newberry. Turn left onto FL-26 W/W Newberry Rd(3.2 miles). Turn left onto NW 122nd (Parker Rd) 2.5 mi. Turn left onto SW 34th Rd. Take 1st left on SW 120th Ter. Turn R on SW 33rd Pl. Models on R.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Co-op
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 539220974
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 266.18
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: B21-001388
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, 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: 3
  • Levels: One
  • Window Features: Low Emissivity Windows
  • Street Number Modifier: 3142
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Inside Utility
  • Living Area Meters: 174.19
  • Room Count: 6

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: Yes
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2022-12-21T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Pool
  • Association Fee: 95
  • Association Fee Frequency: Annually
  • Association Name: LELAND MANAGEMENT
  • Phone: 352.727.7939
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 95.00
  • Total Monthly Fees: 7.92
  • Monthly HOA Amount: 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: 04427-111-557
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 581

Building Info

  • Builder Name: ICI Gainesville Residential LLC

Rental Info

  • Pets Allowed: Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Communicate with HOA

Tax Info

  • Tax Annual Amount: 3917
  • Tax Lot: 557
  • Tax Other Annual Assessment Amount: 2400

Multi Family

  • Approval Process: Provide proof that lease is not less than 6 months

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Jun 29, 2022
Sold by
Ici Of Gainesville Residential Llc
Bought by
Tittel Paul and Tittel Jane Justice
Seller's Agent
Ali H Kargar
ICI SELECT REALTY
Buyer's Agent
Ali H Kargar
ICI SELECT REALTY
List Price
$520,001
Sold Price
$499,090
Premium/Discount to List
-$20,911
-4.02%
Current Estimated Value
$545,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,274
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Feb 18, 2022
Sold by
Cc Oakmont Llc
Bought by
Ici Of Gainesville Residential Llc
Source: Public Records

Range of Values:

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List 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
Tittel Paul $499,100 Southern Title Holding
Ici Of Gainesville Residential Llc $1,581,800 Hagan I Andrew
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $499,090 -4.0% $266 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/21/2021 12/21/21 For Sale $520,001 -- $277 / 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 $9,582 $359,392 -- --
2023 $9,582 $348,924 $0 $0
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: GC501469

Stellar MLS

APN: 04427-111-557