NOT LISTED FOR SALE

497 NW Gwen Lake Ave Lake City, FL 32055

Estimated Value: $207,000 - $274,000

4 Beds
2 Baths
1,900 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $232,000 $122 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,281/month

81 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Living Room
  • Wood Flooring
  • Rear Porch
  • Central Heating and Cooling System

About This Home

As of November 2022

WARM AND INVITING REMODELED HOME - This 4 bed 2 bath greets you with traditional styles that are up to date. This home has real oak floor, solid oak cabinets, an upgraded AC, a large dining room for that family dinner, and great backyard.

Last Agent to Sell the Property

Nate Sweat

Magnolia Real Estate Group of North FL LLC License #3259651 Listed on: 10/25/2022

Last Buyer's Agent

Larry Price

Keller Williams Gainesville Realty Partners, LLC License #3078438

Keller Williams Gainesville Realty Partners, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $311

Year Built

  • Built in 1971

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 120x148x120x145.8
  • Chain Link Fence

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • Gas Fireplace
  • Vinyl Clad Windows
  • Blinds
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Stove
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Internet Available

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$311

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Second Address Number: 497
  • Association Special Assessment: No
  • Directions: FROM LAKE CITY DRIVE WEST ON US 90- TURN RT ON GWEN LAKE AVE- HOME IS ON THE RT
  • Homestead Year: Yes
  • Latitude Of Property: 30.190439
  • Longitude Of Property: -82.654927
  • Prop. Type: Residential
  • Sale Agent Code: LPRICE
  • Sale Office Code: KELLE
  • Stage Construction: Existing Resale
  • Type Utility: Room, In House
  • Actual Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1971

Interior Features

  • Breakfast Room: No
  • Appliances: Refrigerator, Dishwasher, Stove Gas, Cooktop
  • Design: Single Story, Ranch
  • Dining Room: Yes
  • Family Room: No
  • Fireplace Features: Gas
  • Flooring: Vinyl Linoleum, Hardwood, Carpet
  • Florida Room: No
  • Great Room: No
  • Heated Sq Ft: 1900
  • Interior Amenities: Blinds, Fireplace, High Speed internet, TV Cable
  • Dining Kitchen: Yes
  • Living Room: Yes
  • Windows: Vinyl

Exterior Features

  • Acreage: 0.402
  • Exterior Construction: Brick
  • Fencing: Chain Link
  • Flood Zone: X
  • Foundation Details: Pillar Post Pier
  • Porch Type: Back
  • Road: Paved, Government Maintained
  • Roof: Shingle

Garage/Parking

  • Carport: No
  • Parking: 1 Car, Garage

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Connected
  • Hot Water: Public Connected
  • High Speed Internet: Yes

Condo/Co-op/Association

  • Community Type: City Limits
  • Home Owners Association: No

Lot Info

  • Lot Size: 120X148X120X145.8
  • Zoning: SFR
  • Deed Restrictions: Yes

Tax Info

  • FILLTAXID: 31-3S-17-06021-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Nov 23, 2022
Sold by
Teeko Graphics Inc
Bought by
Arey William and Arey Judith
Seller's Agent
Nate Sweat
Magnolia Real Estate Group of North FL LLC
Buyer's Agent
Larry Price
Keller Williams Gainesville Realty Partners, LLC
List Price
$237,000
Sold Price
$232,000
Premium/Discount to List
-$5,000
-2.11%
Current Estimated Value
$239,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,188
Avg. Annual Appreciation
1.02%
Original Mortgage
$232,000
Outstanding Balance
$219,987
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$19,201

Purchase Details

Closed on
Jun 13, 2022
Sold by
Nw Glen Lake Ave Land Trust
Bought by
Teeko Graphics Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Arey William $232,000 --
Arey William $232,000 None Listed On Document
Teeko Graphics Inc $115,000 Deas Ralph R
Teeko Graphics Inc $115,000 Deas Ralph R
Nw Gwen Lake Ave Land Trust $67,878 Deas Ralph R
Nw Gwen Lake Ave Land Trust $67,878 Deas Ralph R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arey William $232,000
Closed Arey William $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $232,000 -2.4% $122 / Sq Ft
10/13/2022 10/13/22 Price Changed $237,600 +0.3% $125 / Sq Ft
09/03/2022 09/03/22 For Sale $237,000 -- $125 / Sq Ft
Source: North Florida 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 $311 $207,408 $16,654 $190,754
2023 $311 $193,515 $16,654 $176,861
2022 $835 $78,873 $0 $0
2021 $809 $76,576 $0 $0
2020 $799 $75,519 $0 $0
2019 $811 $73,821 $0 $0
2018 $915 $72,445 $0 $0
2017 $911 $86,569 $13,148 $73,421
2016 $888 $85,861 $13,148 $72,713
2015 $879 $69,013 $0 $0
2014 $866 $68,465 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Florida MLS

MLS Number: 117138

North Florida MLS

APN: 31-3S-17-06021-000