$40,000
SOLD FEB 24, 2014
3 Beds
2 Baths
1,636 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

42% Below List Price

88 Days on Market

Highlights

  • Race Track
  • Wooded Lot
  • No HOA
  • Gainesville High School Rated A
  • Cathedral Ceiling
  • Eat-In Kitchen

About This Home

As of September 2014

BANK OWNED. WONDERFUL INVESTMENT IN GAINESVILLE. COULD BE MADE INTO MORE ROOMS IF NEEDED. CORNER LOT WITH SIDEWALKS. GREAT POTENTIAL WHEN FIXED UP. CLOSE TO EVERYTHING, COLLEGE, DOWNTOWN, SHOPPING, WORK, ETC. HOME APPRAISED OUT FOR $83,000 ON 4/12/13.

Last Agent to Sell the Property

Frank Falbo

PLATINUM HOMES AND LAND REALTY License #3078460 Listed on: 11/11/2013

Last Buyer's Agent

Angela Chambrot

PLATINUM HOMES AND LAND REALTY License #3232374

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 10,019 Sq Ft Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned Single Family Residential

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Vinyl Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Race Track

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Out Of County Subdivision

Listing and Financial Details

  • Property Available on 11/11/13
  • Assessor Parcel Number 11120-024-000

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1636
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 1660
  • Directions to Property: FROM OCALA 441 N, TR ON CO RD 234, TL CO RD 2082, TL ON FL-20/SE HAWTHORNE RD, TR SE 24TH ST, TR ST RD 26 E, TAKE 1ST LEFT ONTO NE 25 ST. HOME ON L
  • Status: Sold
  • Street Direction: NE
  • List Office Head Office Key Nume: 1044912
  • RATIO Current Price By Calculate: 24.45
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2014-04-30T00:00:00.000
  • Special Features: RealEstateOwned

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Walk-In Closet(s)
  • Appliances Included: Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 504
  • Room Count: 0

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: Single Family Residential
  • Parcel Number: 11120-024-000
  • Additional Parcels: No
  • Lot Features: Cleared, Paved, Wooded
  • Horse Amenities: None, Race Track
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2013-11-11
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1765.11

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2014
Closed on
Sep 12, 2014
Sold by
Dro Ip Ltd
Bought by
Le Cam Thy and Lam Kristy
Seller's Agent
Frank Falbo
PLATINUM HOMES AND LAND REALTY
List Price
$54,900
Sold Price
$28,000
Premium/Discount to List
-$26,900
-49%
Current Estimated Value
$209,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,209
Avg. Annual Appreciation
19.38%

Purchase Details

Listed on
Nov 11, 2013
Closed on
Feb 24, 2014
Sold by
Merchants & Southern Bank
Bought by
Dro Ip Ltd
Seller's Agent
Frank Falbo
PLATINUM HOMES AND LAND REALTY
Buyer's Agent
Angela Chambrot
PLATINUM HOMES AND LAND REALTY
List Price
$68,900
Sold Price
$40,000
Premium/Discount to List
-$28,900
-41.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-47.72%

Purchase Details

Closed on
Apr 16, 2013
Sold by
Carnes Nanette B and James J Carnes Trust
Bought by
Merchants & Southern Bank and M&S Bank

Purchase Details

Closed on
Feb 23, 2011
Bought by
Lam and Lam Le

Purchase Details

Closed on
Jun 29, 2004
Bought by
Lam and Lam Le

Purchase Details

Closed on
Jun 17, 2004
Sold by
Booth John H and Bank One Na
Bought by
Carnes Jimmy

Purchase Details

Closed on
Aug 23, 2000
Sold by
Booth John H
Bought by
Booth John H and Booth Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1996
Sold by
Coward Dona H
Bought by
Booth John H

Purchase Details

Closed on
Jan 1, 1978
Bought by
Lam and Lam Le
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 Type Sale Price Title Company
Warranty Deed $28,000 1St Quality Title Llc
Special Warranty Deed $40,000 1St Quality Title Llc
Warranty Deed $83,000 Attorney
Deed $100 --
Interfamily Deed Transfer -- Attorney
Certificate Of Transfer $100 --
Trustee Deed $63,558 --
Quit Claim Deed $6,000 --
Warranty Deed $6,000 --
Warranty Deed $2,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $150,000 Unknown
Previous Owner $12,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Off Market $28,000 -- --
04/30/2020 04/30/20 Off Market $40,000 -- --
09/12/2014 09/12/14 Sold $28,000 -49.0% $17 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $54,900 +37.3% $34 / Sq Ft
02/24/2014 02/24/14 Sold $40,000 -41.9% $24 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
11/11/2013 11/11/13 For Sale $68,900 -- $42 / 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 $2,925 $149,989 $18,000 $131,989
2023 $2,925 $151,448 $18,000 $133,448
2022 $2,624 $133,078 $14,000 $119,078
2021 $2,276 $93,446 $14,000 $79,446
2020 $2,303 $94,873 $14,000 $80,873
2019 $2,324 $93,168 $14,000 $79,168
2018 $2,130 $99,300 $7,600 $91,700
2017 $1,944 $82,700 $7,600 $75,100
2016 $1,764 $70,700 $0 $0
2015 $1,822 $71,700 $0 $0
2014 $1,849 $72,200 $0 $0
2013 -- $73,300 $7,600 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM399131

Stellar MLS

APN: 11120-024-000