NOT LISTED FOR SALE

408 W University Ave Unit 8B Gainesville, FL 32601

Pleasant Street Neighborhood

Estimated Value: $224,000 - $342,000

2 Beds
2 Baths
1,100 Sq Ft
$309/mo HOA Fee

Last Sold June 09, 2022

Last sale price $300,000 $273 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,369/month

3 Days on Market

Highlights

  • Open Floorplan
  • Solid Surface Countertops
  • Ceramic Tile Flooring
  • Gainesville High School Rated A
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of June 2022

Located right off of University Ave, this 2bed/2bath condo offers some of the best views of the cityscape including downtown GNV, Payne’s Prairie State Park & UF. This 8th floor condo has been beautifully updated and features durable wood-look flooring, new paint, and large windows with abundant natural light that give the space a relaxing atmosphere. The kitchen features granite stone counters, white shaker cabinets and an updated appliance package. A split plan layout with a gorgeous master suite overlooks the downtown area and includes a huge walk-in closet and updated bath with modern fixtures and custom tile work. Other features of note are an in-unit laundry room, updated Carrier HVAC unit, dedicated parking spot in the garage and a large storage room. The Seagle Building is listed on the National Register of Historic Places and is directly adjacent to Santa Fe College's recently completed 87,000 SQ Ft downtown campus. Call to find out more today!

Last Agent to Sell the Property

Nestor Perez

RE/MAX PROFESSIONALS License #3260389 Listed on: 05/16/2022

RE/MAX PROFESSIONALS

Last Buyer's Agent

Nestor Perez

RE/MAX PROFESSIONALS License #3260389 Listed on: 05/16/2022

RE/MAX PROFESSIONALS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1983

Lot Details

  • South Facing Home

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Combination Dining and Living Room
  • Basement

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, private road, sewer, trash, water
  • Cornerstone Management Services Maria A. Ramirez Association, Phone Number (352) 554-4200
  • Seagle Building Res Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,058

Year Built

Built in 1983

Lot Details

0

HOA Fees

$309 per month

Parking

1

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Other, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Brick, Stucco
  • Fireplace: No
  • Living Area: 1100
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 1
  • Directions to Property: From intersection at Main St & University Ave, head West towards UF. Seagle Building will be on your right.
  • Status: Sold
  • Street Direction: W
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 8
  • List Office Head Office Key Nume: 529793682
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 272.73
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Basement
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 408
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 102.19
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sidewalk
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee Frequency: Monthly
  • Association Name: Cornerstone Management Services - Maria A. Ramirez
  • Phone: 352-554-4200
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: SEAGLE BUILDING
  • Condo Fees: 309
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 309

Fee Information

  • Total Annual Fees: 3708.00
  • Total Monthly Fees: 309.00

Lot Info

  • Zoning: DT
  • Parcel Number: 14552-802-000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to confirm any leasing restrictions from HOA manager.

Tax Info

  • Tax Annual Amount: 2057.61
  • Tax Lot: 8B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 8, 2022
Sold by
Lovelady Iii Wylie E and Lovelady Ann Judy
Bought by
Russell Jacqueline
Seller's Agent
Nestor Perez
RE/MAX PROFESSIONALS
Buyer's Agent
Nestor Perez
RE/MAX PROFESSIONALS
List Price
$297,450
Sold Price
$300,000
Premium/Discount to List
$2,550
0.86%
Current Estimated Value
$282,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,100
Avg. Annual Appreciation
-2.35%

Purchase Details

Closed on
Aug 16, 2019
Sold by
Ladv Wylie E Love
Bought by
Lovelady Wylie E and Lovelady Judy A

Purchase Details

Closed on
Apr 9, 2014
Sold by
Vu Melissa M
Bought by
Lovelady Wylie E

Purchase Details

Closed on
Jul 29, 2005
Sold by
Aquila Property & Development Inc
Bought by
Vu Melissa M

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
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2005
Sold by
Elmore George
Bought by
Aquila Property & Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 1997
Sold by
Klingler Nancy J
Bought by
Elmore George

Purchase Details

Closed on
Oct 1, 1987
Bought by
Lovelady Wylie E

Purchase Details

Closed on
Nov 1, 1983
Bought by
Lovelady Wylie E
Source: Public Records

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Range of Values:

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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
Russell Jacqueline $300,000 New Title Company Name
Lovelady Wylie E -- Attorney
Lovelady Wylie E $135,000 Attorney
Vu Melissa M $137,500 --
Aquila Property & Development Inc $100,000 --
Elmore George $39,000 --
Lovelady Wylie E $100 --
Lovelady Wylie E $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vu Melissa M $110,000
Previous Owner Aquila Property & Development Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $300,000 +0.9% $273 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $297,450 -- $270 / 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 $5,754 $180,000 -- $180,000
2023 $5,754 $254,000 $0 $254,000
2022 $2,177 $136,875 $0 $0
2021 $2,058 $125,000 $0 $125,000
2020 $2,054 $125,000 $0 $125,000
2019 $2,112 $125,000 $0 $125,000
2018 $1,337 $101,420 $0 $0
2017 $1,330 $99,340 $0 $0
2016 $1,321 $97,300 $0 $0
2015 $1,354 $97,300 $0 $0
2014 $2,279 $93,060 $0 $0
2013 -- $84,600 $0 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC505161

Stellar MLS

APN: 14552-802-000