NOT LISTED FOR SALE

416 NE 7th St Unit A & B Gainesville, FL 32601

Duckpond Neighborhood

Estimated Value: $528,000 - $728,000

8 Beds
4 Baths
2,826 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $550,000 $195 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,111/month

135 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Attic
  • Gainesville High School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of May 2022

Built in 1902, this stunning & fully restored duplex in the historic Duckpond neighborhood sits on a quarter acre lot and features gorgeous pine flooring, vintage tiled bathrooms, high ceilings, exquisite wood trim, and a large, wrap around front porch. The property can be used as two separate units (downstairs and upstairs) or easily converted into a 5bd/3ba single family home. The downstairs unit features 2bd/2ba. There is a bonus room and an ensuite bathroom attached to the owner's suite, which also features French door leading to a back deck. The second bedroom has ensuite access to the second bathroom, and both bedrooms feature walk-in closets. The front door leads to a foyer with gorgeous stairs that take you up to the upstairs unit which features 2bd/1ba. One of the upstairs bedrooms has a large ensuite bonus room, perfect for an study, den, or studio. Both upstairs bedrooms and the upstairs kitchen have walk-in closets. In addition to the ample closet space, there is a newer storage shed for bikes, yard tools, etc. Home has been lovingly maintained and is ready for its new owner.

Last Agent to Sell the Property

Kristin Kelly

COLDWELL BANKER M.M. PARRISH REALTORS License #3280993 Listed on: 10/25/2021

COLDWELL BANKER M.M. PARRISH REALTORS

Last Buyer's Agent

Kimberley Brown

FLORIDA'S CHOICE REALTY License #3266980

FLORIDA'S CHOICE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,782

Year Built

  • Built in 1902

Lot Details

  • 10,454

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,826 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Awning
  • French Doors
  • L-Shaped Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Crawl Space
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Shed

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 10,454 Sq Ft Lot
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • 2 Units
  • Gainesville Home Investment Co Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,782

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2826
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1902
  • Lot Size Sq Ft: 10454
  • Directions to Property: From NE 8th AVE, head south of NE 7th ST. From East University AVE, head north on NE 7th ST.
  • Status: Sold
  • Street Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC500164?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC500164?w=Customer
  • Unit Count: 2
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97345
  • Price per Sq Ft: 194.62
  • Close to Original List Price Ratio: 0.95652
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative
  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), L Dining, Master Bedroom Main Floor, Master Bedroom Upstairs, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Street Number Modifier: 416
  • Additional Rooms: Attic, Bonus Room, Den/Library/Office, Storage Rooms
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Awning(s), French Doors, Sidewalk, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Wrap Around
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12001C0314D
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RSF2
  • Parcel Number: 12361-000-000
  • Additional Parcels: No
  • Lot Features: Historic District, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2006-06-16
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3782.15
  • Tax Book Number: A-59
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
May 9, 2022
Sold by
Heyward Meyer Charles
Bought by
Doak Justin H and Doak Alida
Seller's Agent
Kristin Kelly
COLDWELL BANKER M.M. PARRISH REALTORS
Buyer's Agent
Kimberley Brown
FLORIDA'S CHOICE REALTY
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$598,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,142
Avg. Annual Appreciation
-0.30%
Original Mortgage
$522,500
Outstanding Balance
$494,082
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$50,501

Purchase Details

Closed on
Jun 6, 2008
Sold by
Holbrook Maria Cornelia
Bought by
Meyer Charles Heyward

Purchase Details

Closed on
Jul 1, 1997
Sold by
Campbell Charlotte
Bought by
Holbrook Maria Cornelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1993
Bought by
Meyer Charles Heyward
Source: Public Records

Range of Values:

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Average Value
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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
Doak Justin H $550,000 Hutson Denise L
Doak Justin H $550,000 None Listed On Document
Meyer Charles Heyward $380,000 Attorney
Holbrook Maria Cornelia $55,000 --
Meyer Charles Heyward $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doak Justin H $522,500
Previous Owner Holbrook Maria Cornelia $100,000
Previous Owner Holbrook Maria Cornelia $58,470
Previous Owner Holbrook Maria Cornelia $17,790
Previous Owner Holbrook Maria Cornelia $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $550,000 -4.3% $195 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $575,000 0.0% $203 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $575,000 0.0% $203 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $575,000 -- $203 / 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 $10,309 $477,377 $178,200 $299,177
2023 $10,309 $492,752 $205,200 $287,552
2022 $7,816 $347,547 $188,172 $159,375
2021 $3,782 $200,917 $0 $0
2020 $3,589 $189,549 $0 $0
2019 $4,691 $234,022 $0 $0
2018 $4,337 $236,500 $0 $0
2017 $4,111 $213,320 $0 $0
2016 $4,736 $237,600 $0 $0
2015 $5,899 $241,500 $0 $0
2014 $5,421 $258,400 $0 $0
2013 -- $261,900 $50,000 $211,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC500164

Stellar MLS

APN: 12361-000-000