NOT LISTED FOR SALE

4309 SW 68th Terrace Gainesville, FL 32608

Estimated Value: $124,000 - $196,000

2 Beds
2 Baths
24,755 Sq Ft
$6/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $1,699,900 $69 Per Sq Ft

Current estimated payment $1,130/month

6 Days on Market

About This Home

As of May 2021

Here is your chance to own 24 rental units all within the same community, this offering of 6 Buildings with 4 units per building is located in Greenleaf Subdivision, just off Tower road, the area has a strong rental history and offer ongoing growth potential, 9 individual tax parcels offered as a whole. Unit mix is as follows: 2 Bedroom 1 bath units 7, 2 Bedroom 1.5 Bath units 7, 2 Bedroom 2 Bath units 9, 3 bedroom 1 bath unit 1, 3 Bedroom 2 Bath unit 1.

Last Agent to Sell the Property

Michael LeRoy

COLDWELL BANKER M.M. PARRISH REALTORS License #3012631 Listed on: 02/15/2021

COLDWELL BANKER M.M. PARRISH REALTORS

Last Buyer's Agent

Marc Suskin

SUSKIN REALTY INC License #0153978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,389

Year Built

  • Built in 1981

Lot Details

  • 4,617

HOA Fees

  • $177 Monthly HOA Fees

Home Design

  • 24,755 Sq Ft Home

Community Details

  • 24 Units
  • Greenleaf HOA
  • Green Leaf Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06877-131-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,389

Year Built

Built in 1981

Lot Details

0

HOA Fees

$177 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Living Area: 24755
  • Year Built: 1981
  • Directions to Property: Tower RD to Greenleaf Entrance to various buildings.
  • Status: Sold
  • Street Direction: SW
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 534938124
  • RATIO Current Price By Calculate: 68.67
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4309
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 2299.81

Utilities

  • Individually Metered: Cable,Electric,Gas,Internet,Sewer,Trash,Water

Condo/Co-op/Association

  • Association Fee: 2125
  • Association Fee Frequency: Annually
  • Association Name: GreenLeaf HOA
  • Association: Yes
  • Association Fee Requirement: Required

Lot Info

  • Parcel Number: 06877-131-001

Multi Family

  • Number Of Units Total: 24
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 23389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
May 3, 2021
Sold by
Persistent Properties Llc
Bought by
Rocky Point Apartments Inc
Seller's Agent
Michael LeRoy
COLDWELL BANKER M.M. PARRISH REALTORS
Buyer's Agent
Marc Suskin
SUSKIN REALTY INC
List Price
$1,699,900
Sold Price
$1,699,900
Current Estimated Value
$152,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,547,233
Avg. Annual Appreciation
-41.75%
Original Mortgage
$990,000
Outstanding Balance
$897,187
Interest Rate
3.1%
Mortgage Type
Balloon
Estimated Equity
-$744,520

Purchase Details

Listed on
Aug 28, 2015
Closed on
Jun 22, 2016
Sold by
Wilbekin Anwell and Wilbekin Alesia
Bought by
Presistent Prop Llc
Seller's Agent
Michael LeRoy
COLDWELL BANKER M.M. PARRISH REALTORS
Buyer's Agent
Michael LeRoy
COLDWELL BANKER M.M. PARRISH REALTORS
List Price
$184,900
Sold Price
$171,400
Premium/Discount to List
-$13,500
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.18%

Purchase Details

Closed on
Oct 25, 2004
Bought by
Persistent Properties Llc

Purchase Details

Closed on
Sep 29, 2004
Sold by
Nicholls Nelson C and Nicholls Leslie S
Bought by
Wilbekin V E Anwell and Wilbekin Alesia F
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
Rocky Point Apartments Inc $1,699,900 Attorney
Presistent Prop Llc $171,400 Gibraltar Title Ins Agency I
Persistent Properties Llc $100 --
Wilbekin V E Anwell $277,500 Waterford Title Insurance Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocky Point Apartments Inc $990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2021 12/06/21 Off Market $1,699,900 -- --
12/06/2021 12/06/21 Off Market $171,400 -- --
05/03/2021 05/03/21 Sold $1,699,900 0.0% $69 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,699,900 +891.8% $69 / Sq Ft
06/22/2016 06/22/16 Sold $171,400 -7.3% $40 / Sq Ft View Prior Sale
03/24/2016 03/24/16 Pending -- -- --
08/28/2015 08/28/15 For Sale $184,900 -- $44 / 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 $1,715 $75,000 -- $75,000
2023 $1,715 $65,000 $0 $65,000
2022 $1,556 $55,000 $0 $55,000
2021 $1,456 $50,000 $0 $50,000
2020 $1,390 $50,000 $0 $50,000
2019 $1,209 $40,000 $0 $40,000
2018 $1,111 $36,400 $0 $36,400
2017 $1,130 $36,400 $0 $36,400
2016 $882 $28,800 $0 $0
2015 $887 $28,800 $0 $0
2014 $903 $28,800 $0 $0
2013 -- $28,800 $0 $28,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC441619

Stellar MLS

APN: 06877-131-001