NOT LISTED FOR SALE

4037 SW 28th Terrace Gainesville, FL 32608

Estimated Value: $186,000 - $244,741

2 Beds
2 Baths
3,616 Sq Ft
$61/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $245,000 $68 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,364/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Garage
  • Eastside High School Rated A-
  • Central Heating and Cooling System
  • Carpet

About This Home

As of October 2016

This property is an investors dream. Close to UF and Shand''s this property has never been without a tenant. 2 large 1400 sg foot 2/2 with spacious living/great room Bedrooms are nice size with a large master with all amenities in master bath. Large lot that has one unit totally fenced in back and other back yard partially fenced. Great neighborhood. This one will not last long. Additional property ID is 07295-119-000 included in price.

Last Agent to Sell the Property

Fred Armstrong

KELLER WILLIAMS CORNERSTONE RE License #0510183 Listed on: 08/22/2016

KELLER WILLIAMS CORNERSTONE RE

Last Buyer's Agent

Cynthia Miller

BHHS FLORIDA REALTY License #0374650

BHHS FLORIDA REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1993

Lot Details

  • 0.45

Home Design

  • Duplex
  • Brick Exterior Construction
  • Steel Frame
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,616 Sq Ft Home
  • Vaulted Ceiling

Kitchen

  • <<OvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • Garage
  • Assigned Parking

Schools

  • Idylwild Elementary School
  • Kanapaha Middle School
  • Eastside High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Serenola Manor Subdivision

Listing and Financial Details

  • Tenant pays for electricity, sewer, trash collection, water
  • Assessor Parcel Number 07295-117-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,991

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Brick, Metal Frame, Other, Wood Frame
  • Fireplace: Yes
  • Living Area: 3616
  • Year Built: 1993
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From ...75 Archer road towards Gainesville, Turn right on 42nd place, right on 41st Ln, right on 30th Terr Left on 37th and right on 28th. Property on the bend.
  • Status: Sold
  • Street Direction: SW
  • ResoBuildingAreaSource: Appraiser
  • List Office Head Office Key Nume: 529793676
  • RATIO Current Price By Calculate: 67.75
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Vaulted Ceiling(s)
  • Appliances Included: Cooktop, Dishwasher, Gas Water Heater, Microwave, Other, Oven, Refrigerator
  • Street Number Modifier: 4037
  • ResoLivingAreaSource: Appraiser
  • Living Area Meters: 335.94

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Yn: Yes
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Idylwild Elementary School-AL
  • High School: Eastside High School-AL
  • Middle Or Junior School: Kanapaha Middle School-AL

Lot Info

  • Parcel Number: 07295-117-000

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3991

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 31, 2016
Sold by
Maynard Stephen and Maynard Brenda
Bought by
Neak Marin and Neak Ty
Seller's Agent
Fred Armstrong
KELLER WILLIAMS CORNERSTONE RE
Buyer's Agent
Cynthia Miller
BHHS FLORIDA REALTY
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Current Estimated Value
$219,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,815
Avg. Annual Appreciation
-0.78%
Original Mortgage
$104,125
Outstanding Balance
$84,860
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$144,069

Purchase Details

Closed on
Jun 2, 2014
Sold by
Ackland Marvin and Ackland Marvin J
Bought by
Maynard Stephen and Maynard Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Bought by
Neak and Neak Neak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2013
Bought by
Neak and Neak Neak

Purchase Details

Closed on
Jul 31, 1998
Sold by
Corrales Eudgenio and Corrales Rose
Bought by
Maynard Stephen and Maynard Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,675
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1993
Bought by
Neak and Neak Neak

Purchase Details

Closed on
Feb 11, 1992
Bought by
Neak and Neak Neak
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Neak Marin $122,500 Haile Title Co Llc
Maynard Stephen $96,000 Community Title Llc
Neak $100 --
Ackland Marvin -- Community Title Llc
Neak $100 --
Ackland Marvin J -- None Available
Maynard Stephen $76,500 --
Neak $66,000 --
Neak $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neak Marin $104,125
Previous Owner Maynard Stephen $104,000
Previous Owner Maynard Stephen K $3,000
Previous Owner Maynard Stephen K $75,000
Previous Owner Maynard Stephen $72,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Off Market $245,000 -- --
10/31/2016 10/31/16 Sold $245,000 -5.8% $68 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/21/2016 08/21/16 For Sale $260,000 -- $72 / 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 $1,837 $120,788 -- --
2023 $1,837 $117,270 $0 $0
2022 $1,753 $113,855 $0 $0
2021 $1,723 $110,539 $20,000 $90,539
2020 $1,750 $111,854 $0 $0
2019 $1,736 $109,339 $0 $0
2018 $1,596 $107,300 $0 $0
2017 $1,597 $105,400 $20,000 $85,400
2015 $2,111 $84,000 $0 $0
2014 $2,148 $84,800 $0 $0
2013 -- $85,700 $20,000 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC377528

Stellar MLS

APN: 07295-117-000