Seller's Agent in 2024
Abiel Ballesteros
UNITED DREAM REAL ESTATE
(786) 355-6646
30 Total Sales
501 SW 69th St Gainesville, FL 32607
Gainesville Area
6
Beds
6
Baths
2,898
Sq Ft
10,019
Sq Ft Lot
Highlights
- No HOA
- Tile Flooring
- Central Heating and Cooling System
- F.W. Buchholz High School Rated A
About This Home
As of August 2024Exceptional Investment Opportunity in Cedar Ridge, Gainesville!
Delight in the potential of this charming triplex nestled in the tranquil Cedar Ridge neighborhood, a prime investment in the heart of SW Gainesville FL. Poised in a rapidly gentrifying area, this property features three units, with two beautifully updated and one ready for your creative vision to enhance its charm and value.
Located in a quiet, family-friendly area, this property enjoys a strong tenant pool, ensuring it's never vacant. Its proximity to local amenities, top-rated schools, and vibrant Gainesville attractions, like the University of Florida and numerous parks and recreational facilities, makes it an attractive option for renters.
Currently fully occupied with rents below market value, there's significant upside potential, with market rents supporting $1,100 to $1,200 per unit. This is a golden chance to increase your revenue with minimal effort. The property features a durable metal roof installed in 2018, ensuring low maintenance costs, and the exterior has been freshly repainted, enhancing its curb appeal.
Gainesville is known for its lush green spaces, vibrant cultural scene, and bustling downtown, offering a perfect blend of urban convenience and natural beauty. With a strong job market and a growing population, it's an ideal location for property investment.
Don't miss out on this fantastic opportunity to own a piece of Gainesville's thriving rental market. A smart investment, whether you're looking to expand your portfolio or stepping into the property investment world. Contact us today to learn more about this promising property!
Last Agent to Sell the Property
UNITED DREAM REAL ESTATE Brokerage Phone: 305-901-5331 License #3194299 Listed on: 11/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,629
Year Built
- Built in 1983
Lot Details
- 10,019 Sq Ft Lot
Home Design
- 2,898 Sq Ft Home
- Triplex
- Brick Exterior Construction
- Metal Roof
- Vinyl Siding
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- 3 Units
- Cedar Ridge Add Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 11
- Assessor Parcel Number 06655-060-011
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2023
Closed on
Aug 30, 2024
Sold by
Bought by
Seller's Agent
Abiel Ballesteros
UNITED DREAM REAL ESTATE
Buyer's Agent
Sherry Shaheen
ENGEL & VOLKERS GAINESVILLE
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Views
396
Purchase Details
Listed on
Apr 1, 2021
Closed on
May 11, 2021
Sold by
Bought by
Seller's Agent
Cliff Glansen
FLATFEE.COM
Buyer's Agent
Shawn Hicks
THOMAS LYNNE REALTY GROUP LLC
List Price
$196,000
Sold Price
$196,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%
Original Mortgage
$137,200
Interest Rate
0.029%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
0.0405%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 21, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
0.0405%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 13, 2011
Closed on
Jan 17, 2012
Sold by
Bought by
Seller's Agent
Obie Spratling
FLORIDA HOMES REALTY & MORTGAGE GVILLE
Buyer's Agent
Teresa Osoba, Realtor
SWANZ PREMIER REALTY LLC
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%
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
0.0408%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 22, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,625
Interest Rate
0.0578%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 25, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 30, 2001
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 1990
Bought by
Purchase Details
Closed on
Apr 1, 1983
Bought by
Purchase Details
Closed on
Mar 1, 1983
Bought by
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $350,000 | None Listed On Document | ||
| $196,000 | New Title Company Name | ||
| -- | Attorney | ||
| $90,000 | Florida Select Title Llc | ||
| $50,000 | Gss Title Llc | ||
| $97,500 | Waterford Title Insurance Ag | ||
| $82,000 | -- | ||
| $57,000 | -- | ||
| $83,000 | -- | ||
| $50,000 | -- | ||
| $100,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $137,200 | ||
| Previous Owner | $70,000 | ||
| Previous Owner | $45,000 | ||
| Previous Owner | $113,600 | ||
| Previous Owner | $92,625 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $350,000 | -12.3% | $121 / Sq Ft | |
| 07/25/2024 07/25/24 | Pending | -- | -- | -- | |
| 12/03/2023 12/03/23 | For Sale | $399,000 | +14.0% | $138 / Sq Ft | |
| 12/01/2023 12/01/23 | Off Market | $350,000 | -- | -- | |
| 11/22/2023 11/22/23 | For Sale | $399,000 | +103.6% | $138 / Sq Ft | |
| 12/06/2021 12/06/21 | Off Market | $196,000 | -- | -- | |
| 12/06/2021 12/06/21 | Off Market | $50,000 | -- | -- | |
| 05/11/2021 05/11/21 | Sold | $196,000 | 0.0% | $78 / Sq Ft | View Prior Sale |
| 04/11/2021 04/11/21 | Pending | -- | -- | -- | |
| 04/01/2021 04/01/21 | For Sale | $196,000 | +292.0% | $78 / Sq Ft | |
| 01/17/2012 01/17/12 | Sold | $50,000 | -33.3% | $17 / Sq Ft | View Prior Sale |
| 12/18/2011 12/18/11 | Pending | -- | -- | -- | |
| 07/13/2011 07/13/11 | For Sale | $75,000 | -- | $26 / Sq Ft |
Source: Stellar MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,388 | $295,509 | $65,000 | $230,509 |
| 2024 | $4,877 | $212,123 | $30,000 | $182,123 |
| 2023 | $4,877 | $169,577 | $40,000 | $129,577 |
| 2022 | $4,629 | $167,027 | $40,000 | $127,027 |
| 2021 | $3,459 | $146,977 | $40,000 | $106,977 |
| 2020 | $3,085 | $111,663 | $20,000 | $91,663 |
| 2019 | $2,694 | $102,494 | $55,000 | $47,494 |
| 2018 | $2,316 | $63,700 | $6,000 | $57,700 |
| 2017 | $2,272 | $75,100 | $6,000 | $69,100 |
| 2016 | $1,874 | $45,700 | $0 | $0 |
| 2015 | $1,898 | $46,400 | $0 | $0 |
| 2014 | $1,981 | $47,600 | $0 | $0 |
| 2013 | -- | $49,800 | $6,000 | $43,800 |
Source: Public Records
Agents Affiliated with this Home
-
Abiel Ballesteros
-
Sherry Shaheen
S
Buyer's Agent in 2024
Sherry Shaheen
ENGEL & VOLKERS GAINESVILLE
(352) 455-0712
41 Total Sales
-
Cliff Glansen
Seller's Agent in 2021
Cliff Glansen
FLATFEE.COM
(954) 965-3990
5,139 Total Sales
-
Shawn Hicks
Buyer's Agent in 2021
Shawn Hicks
THOMAS LYNNE REALTY GROUP LLC
(352) 871-5770
92 Total Sales
-
Obie Spratling
Seller's Agent in 2012
Obie Spratling
FLORIDA HOMES REALTY & MORTGAGE GVILLE
(352) 339-6851
-
Teresa Osoba, Realtor
T
Buyer's Agent in 2012
Teresa Osoba, Realtor
SWANZ PREMIER REALTY LLC
(352) 284-6751
24 Total Sales
Map
Source: Stellar MLS
MLS Number: GC517116
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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