$209,900
$5K PRICE DROP

5062 NW 44th Ln Unit 102 Gainesville, FL 32606

Estimated payment $1,606/month

Total Views 8,196
2 Beds
2.5 Baths
1,275 Sq Ft
$165 Price per Sq Ft

Highlights

  • Clubhouse
  • High Ceiling
  • Walk-In Closet
  • F.W. Buchholz High School Rated A
  • Community Pool
  • Laundry closet

About This Home

One or more photo(s) has been virtually staged. This townhome is already rented, making it an excellent turnkey investment opportunity in the highly desirable gated community of Magnolia Place. Located just minutes from top-rated schools, shopping, restaurants, and I-75, this 2-bedroom, 2.5-bath unit offers stable rental income in a prime Gainesville corridor. The main level features beautiful wood flooring, a guest half bath, and a fully equipped kitchen with all appliances, including an in-unit washer and dryer. A screened-in porch overlooks a peaceful green space, providing added privacy and an outdoor storage closet perfect for bikes or tools. Upstairs, you’ll find two primary suites, each with its own private bathroom. One suite includes a large walk-in closet, and the laundry closet is conveniently located between the bedrooms for easy access. Additional investor advantages include a brand new AC unit, reducing future maintenance concerns, and improving long-term operating costs. Magnolia Place offers a full suite of amenities covered by the HOA: exterior maintenance, pest control, community pool, fitness center, tennis court, clubhouse, and more. With assigned parking at the doorstep and a low-maintenance community structure, this property is an ideal hands-off investment for anyone seeking reliable returns in a growing Gainesville market.

Listing Agent

Vincent Hampton

ZORI REALTY Brokerage Phone: 352-888-5939 License #3275347 Listed on: 05/06/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,235

Year Built

  • Built in 2003

HOA Fees

  • $236 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,275 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • South Facing Home

Listing and Financial Details

Community Details

Overview

  • Magnolia Place Townhomes Association, Phone Number (352) 377-4977
  • Magnolia Place Twnhms Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,235

Year Built

Built in 2003

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Brick, Vinyl Siding, Frame
  • Fireplace: No
  • Living Area: 1275
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 1275
  • Status: Active
  • Street Direction: NW
  • Ownership: Fee Simple
  • Entry Level: 2
  • Building Area Total Srch Sq M: 118.45
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 164.63
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-888-5939
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 1
  • Living Area Meters: 118.45

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Sidewalks
  • Association Fee: 236
  • Association Fee Frequency: Monthly
  • Association Name: MAGNOLIA PLACE TOWNHOMES
  • Phone: 352-377-4977
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Development: Magnolia Place

Fee Information

  • Total Annual Fees: 2832.00
  • Total Monthly Fees: 236.00
  • Monthly HOA Amount: 236.00

Lot Info

  • Zoning: RESIDENTIA
  • Parcel Number: 06061-080-802
  • Additional Parcels: No
  • Flood Zone Code: A

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Contact HOA to verify.

Tax Info

  • Tax Annual Amount: 3235.32
  • Tax Lot: 0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $3,575 $170,000 -- $170,000
2024 $3,051 $150,000 -- $150,000
2023 $3,051 $145,000 $0 $145,000
2022 $2,830 $135,000 $0 $135,000
2021 $2,625 $120,000 $0 $120,000
2020 $2,485 $120,000 $0 $120,000
2019 $2,319 $106,000 $0 $106,000
2018 $2,049 $92,000 $0 $92,000
2017 $1,882 $80,000 $0 $80,000
2016 $1,662 $68,970 $0 $0
2015 $1,537 $62,700 $0 $0
2014 $1,354 $57,000 $0 $0
2013 -- $57,000 $0 $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 For Sale $209,900 0.0% $165 / Sq Ft
11/06/2025 11/06/25 Off Market $209,900 -- --
06/06/2025 06/06/25 Price Changed $209,900 -2.4% $165 / Sq Ft
05/06/2025 05/06/25 For Sale $215,000 0.0% $169 / Sq Ft
12/06/2021 12/06/21 Off Market $1,195 -- --
09/08/2020 09/08/20 Rented $1,195 0.0% --
09/02/2020 09/02/20 Under Contract -- -- --
07/20/2020 07/20/20 For Rent $1,195 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $100 None Listed On Document
Special Warranty Deed $100 None Listed On Document
Special Warranty Deed $100 None Listed On Document
Special Warranty Deed $100 None Listed On Document
Special Warranty Deed $135,000 Attorney
Special Warranty Deed $170,500 Grayhawk Title Services Llc
Source: Public Records

Source: Stellar MLS

MLS Number: GC530660

Stellar MLS

APN: 06061-080-802