NOT LISTED FOR SALE

502 NE 1st St Micanopy, FL 32667

Estimated Value: $659,000 - $682,000

3 Beds
2.5 Baths
2,085 Sq Ft
$323/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $570,000 $273 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,328/month

94 Days on Market

Highlights

  • Oak Trees
  • Bamboo Flooring
  • No HOA
  • The property is located in a historic district
  • High Ceiling
  • Mature Landscaping

About This Home

As of February 2024

*Back on the market due to no fault of the home.* One or more photos was virtually staged (fire shown in fireplaces). Spectacular historic home on Cholokka Boulevard in the heart of Micanopy’s Historic District! Located on a mossy oak-lined street that hosts a marvelous Fall Festival and is filled with endearing antique stores, specialty shops, cafes, and the 1845 Herlong Mansion B&B (next door neighbor), the 3-bed, 2.5-bath home features a beautiful .67-acre lot and comfortable, traditional covered porches across the front of the home featuring both open and screened areas. You’ll feel the old Floridian atmosphere as you approach the home, step up to the front door and walk into the breathtaking interior that has many of the original designs including 11’ high ceilings, pine wood flooring, wainscoting, French doors, and bay windows. The spacious kitchen was upgraded in 2017 with new cabinetry, s/s appliances and granite countertops. Ceiling lights and fans have also been updated. The rooms are gorgeous, large and comfortable, easily flow into one another, and have lovely views of the property’s mature foliage. The large central room features a wood burning fireplace insert with lined flue. The huge and luxurious master suite would uplift any weary soul. Two front screened-in porches offer discreet viewing of the charming Boulevard while outdoor backyard seating provides time to rest and reflect under mature cabbage palms, stately old oaks, pecan trees, bamboo, wax myrtle and grape arbor. The septic tank and drain field were replaced in 2014, a new HVAC system was installed in 2015, and the exterior was painted in 2017. A steel storage shed, matching the loveliness of the house, was added to the property. Zoned C-1, you can start the business venture you’ve been dreaming of, or just enjoy living in a beautiful move-in ready circa 1890s home. When it’s time for a change of scenery, Paynes Prairie Preserve State Park with 8 trails, over 300 species of birds, and wild-roaming bison, horses, deer and alligators, is only a couple of miles away. It’s also a short commute to I-75, and Gainesville is just 12 miles north on Hwy 441. If you love the idea of living in a gem of a home that is on the National Register of Historic Places, you’ll want to schedule a private showing before this opportunity passes you by!

Last Agent to Sell the Property

Gabriel Shapiro

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Brokerage Phone: 352-240-0600 License #3516363 Listed on: 10/03/2023

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Co-Listed By

Whitney Perkins

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Brokerage Phone: 352-240-0600 License #3174403

Last Buyer's Agent

Lindsay Akri

FLORIDA HOMES REALTY & MORTGAGE GVILLE License #3427696

FLORIDA HOMES REALTY & MORTGAGE GVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1900

Lot Details

  • 0.67 Acre Lot
  • East Facing Home
  • Mature Landscaping
  • Native Plants
  • Oak Trees
  • Bamboo Trees
  • Property is zoned C-1

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,085 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Den
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • The property is located in a historic district

Schools

  • Chester Shell Elementary School
  • Hawthorne Middle/High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stoughtons Addn Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,232

Year Built

Built in 1900

Lot Details

0

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Wood Siding
  • Fireplace: Yes
  • Living Area: 2085
  • Lot Size Acres: 0.67
  • New Construction: No
  • Year Built: 1900
  • Building Area Total: 2843
  • Lot Size Sq Ft: 29185
  • Directions to Property: From Gainesville, head south on US Highway 441 past Paynes Prairie Preserve State Park. Turn right onto NE 1st Street/NE Cholokka Blvd. The home is on the right, just before the Herlong Mansion B&B.
  • Status: Sold
  • Street Direction: NE
  • Co List Office Mls Id: MFR259505695
  • Co List Office Phone: 352-240-0600
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793693
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 273.38
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-240-0600
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Bamboo, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Split Bedroom
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 502
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 193.70
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Exterior Features: Sidewalk
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Development: Stoughtons Addn

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Chester Shell Elementary School-AL
  • High School: Hawthorne Middle/High School-AL
  • Middle Or Junior School: Hawthorne Middle/High School-AL

Lot Info

  • Zoning: C-1
  • Parcel Number: 16634-000-000
  • Additional Parcels: No
  • Lot Features: Historic District
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 2711

Green Features

  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3232.09
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Feb 1, 2024
Sold by
Murray Erik and Murray Arlene
Bought by
Ziegler Diana
Seller's Agent
Gabriel Shapiro
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Buyer's Agent
Lindsay Akri
FLORIDA HOMES REALTY & MORTGAGE GVILLE
List Price
$625,000
Sold Price
$570,000
Premium/Discount to List
-$55,000
-8.8%
Views
198
Current Estimated Value
$553,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,118
Avg. Annual Appreciation
-3.59%

Purchase Details

Closed on
Dec 19, 2016
Sold by
Baird S Fay and Staley Thomas H
Bought by
Murray Erik and Holmes Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1996
Sold by
Johnson Dorothy and Johnson D
Bought by
Staley Thomas H and Staley Baird S
Source: Public Records

Range of Values:

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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
Ziegler Diana $570,000 None Listed On Document
Murray Erik $275,000 Haile Title Co
Staley Thomas H $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Erik $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $570,000 -3.4% $273 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/12/2023 12/12/23 Price Changed $590,000 -5.6% $283 / Sq Ft
11/20/2023 11/20/23 For Sale $625,000 0.0% $300 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $625,000 -16.7% $300 / Sq Ft
10/03/2023 10/03/23 For Sale $750,000 -- $360 / 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 $3,718 $259,495 $58,370 $201,125
2023 $3,718 $199,577 $0 $0
2022 $3,232 $193,764 $0 $0
2021 $3,195 $188,120 $58,800 $129,320
2020 $3,315 $190,649 $58,800 $131,849
2019 $4,459 $193,179 $58,800 $134,379
2018 $4,537 $198,200 $58,800 $139,400
2017 $4,378 $186,100 $44,100 $142,000
2016 $3,682 $148,700 $0 $0
2015 $3,545 $135,190 $0 $0
2014 $3,120 $122,900 $0 $0
2013 -- $122,900 $44,100 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC516474

Stellar MLS

APN: 16634-000-000