NOT LISTED FOR SALE

506 NW 7th Terrace Gainesville, FL 32601

Fifth Avenue Neighborhood

Estimated Value: $151,000 - $240,558

3 Beds
2 Baths
876 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 506 NW 7th Terrace, Gainesville, FL 32601 and is currently estimated at $209,140, approximately $238 per square foot. 506 NW 7th Terrace is a home located in Alachua County with nearby schools including Carolyn Beatrice Parker Elementary School, Westwood Middle School, and Gainesville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Sold by
Ghetto East Properties Llc
Bought by
Watts Carlston
Current Estimated Value
$209,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$319,429
Interest Rate
6.58%
Mortgage Type
Balloon
Estimated Equity
-$167,231

Purchase Details

Closed on
May 1, 2018
Sold by
Parks Terry P
Bought by
Ghetto East 7Th Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2013
Sold by
Selwach Richard
Bought by
Parks Terry P

Purchase Details

Closed on
Feb 9, 2001
Sold by
Chase Manhattan Bk
Bought by
Selwach Richard

Purchase Details

Closed on
Aug 11, 2000
Sold by
Clerk Circuit Court
Bought by
Chase Manhattan Bk

Purchase Details

Closed on
Aug 29, 1997
Sold by
Young Jacquline Y and Collins Jacquline Yvette
Bought by
Young Joseph J and Young Jacqueline Y

Purchase Details

Closed on
Jun 1, 1988
Bought by
Parks Terry P
Source: Public Records

Range of Values:

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
Watts Carlston $550,000 --
Ghetto East 7Th Properties Llc $40,000 Attorney
Parks Terry P $135,000 Attorney
Selwach Richard $10,000 --
Chase Manhattan Bk -- --
Parks Terry P $7,500 --
Young Joseph J $10,000 --
Parks Terry P $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Carlston $500,000
Previous Owner Ghetto East 7Th Properties Llc $40,000
Source: Public Records

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 $815 $111,927 $70,000 $41,927
2023 $815 $32,309 $3,700 $28,609
2022 $766 $28,735 $3,700 $25,035
2021 $723 $25,905 $3,700 $22,205
2020 $722 $25,905 $3,700 $22,205
2019 $1,034 $39,097 $3,700 $35,397
2018 $815 $39,100 $3,700 $35,400
2017 $798 $39,100 $3,700 $35,400
2016 $638 $23,600 $0 $0
2015 $650 $23,600 $0 $0
2014 $652 $23,400 $0 $0
2013 -- $23,400 $3,700 $19,700
Source: Public Records

Map

Florida Alachua County Gainesville 32601 Fifth Avenue

506 NW 7th Terrace, Gainesville, FL

This home is located at 506 NW 7th Terrace, Gainesville, FL 32601 and is currently estimated at $209,140, approximately $238 per square foot. 506 NW 7th Terrace is a home located in Alachua County with nearby schools including Carolyn Beatrice Parker Elementary School, Westwood Middle School, and Gainesville High School.

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.

Nearby Homes