A
Seller's Agent in 2024
Alicia Phillips
CARL TURLINGTON REAL ESTATE
3 Total Sales
5320 NW 20th Ct Gainesville, FL 32653
Estimated Value: $450,000 - $604,000
8
Beds
8
Baths
3,720
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- Access To Creek
- Deck
- No HOA
- Gainesville High School Rated A
- Property is near public transit
- Cul-De-Sac
About This Home
As of October 2024Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don't miss out on this turnkey income generator.
Last Agent to Sell the Property
CARL TURLINGTON REAL ESTATE Brokerage Phone: 352-372-9525 License #0665684 Listed on: 04/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,984
Year Built
- Built in 1987
Lot Details
- 0.3 Acre Lot
- Cul-De-Sac
- Street terminates at a dead end
Home Design
- Quadruplex
- Bi-Level Home
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,720 Sq Ft Home
- Ceiling Fan
- Combination Dining and Living Room
- Inside Utility
- Fire and Smoke Detector
Kitchen
- Range with Range Hood
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom Upstairs
- 8 Bathrooms
Laundry
- Laundry closet
- Washer and Electric Dryer Hookup
Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Access To Creek
- Deck
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity, gas, sewer, trash collection, water
- No Minimum Lease Term
- Tax Lot 11
- Assessor Parcel Number 07881-111-001
Community Details
Overview
- No Home Owners Association
- 3,720 Sq Ft Building
- Sweetwater Pines Subdivision
Building Details
- 4 Separate Electric Meters
- 4 Separate Water Meters
- Gross Income $53,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Oct 9, 2024
Sold by
Clouser Vernon H and Howard Patrick C
Bought by
Allen Benin Francis and Parkinson Taylor Adrienne
Seller's Agent
Alicia Phillips
CARL TURLINGTON REAL ESTATE
Buyer's Agent
Justin Sykes
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
List Price
$624,900
Sold Price
$480,000
Premium/Discount to List
-$144,900
-23.19%
Views
96
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,191
Avg. Annual Appreciation
3.68%
Original Mortgage
$480,000
Outstanding Balance
$474,004
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$27,455
Purchase Details
Closed on
Apr 28, 2000
Sold by
Paulson Laroy F and Paulson Mary E
Bought by
Clouser Vernon H and Howard Patrick C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 19, 1990
Bought by
Clouser and Clouser Howard
Purchase Details
Closed on
Apr 30, 1990
Bought by
Clouser and Clouser Howard
Purchase Details
Closed on
Sep 1, 1981
Bought by
Clouser and Clouser Howard
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Allen Benin Francis | $480,000 | None Listed On Document | |
| Allen Benin Francis | $480,000 | None Listed On Document | |
| Clouser Vernon H | $120,000 | -- | |
| Clouser | $62,000 | -- | |
| Clouser | $90,600 | -- | |
| Clouser | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Allen Benin Francis | $480,000 | |
| Closed | Allen Benin Francis | $480,000 | |
| Previous Owner | Clouser Vernon H | $108,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2024 10/09/24 | Sold | $480,000 | -12.7% | $129 / Sq Ft |
| 09/02/2024 09/02/24 | Pending | -- | -- | -- |
| 08/07/2024 08/07/24 | Price Changed | $550,000 | -4.3% | $148 / Sq Ft |
| 07/16/2024 07/16/24 | Price Changed | $575,000 | -4.0% | $155 / Sq Ft |
| 07/01/2024 07/01/24 | Price Changed | $599,000 | -1.8% | $161 / Sq Ft |
| 06/05/2024 06/05/24 | Price Changed | $610,000 | -2.4% | $164 / Sq Ft |
| 04/22/2024 04/22/24 | For Sale | $624,900 | 0.0% | $168 / Sq Ft |
| 12/06/2021 12/06/21 | Off Market | $595 | -- | -- |
| 12/06/2021 12/06/21 | Off Market | $550 | -- | -- |
| 10/21/2015 10/21/15 | Rented | $595 | 0.0% | -- |
| 09/25/2015 09/25/15 | Under Contract | -- | -- | -- |
| 07/24/2015 07/24/15 | For Rent | $595 | +8.2% | -- |
| 08/06/2013 08/06/13 | Rented | $550 | 0.0% | -- |
| 07/23/2013 07/23/13 | Rented | $550 | 0.0% | -- |
| 07/23/2013 07/23/13 | For Rent | $550 | -- | -- |
Source: Stellar MLS
Tax History Compared to Growth
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 | $8,475 | $415,000 | -- | $415,000 |
| 2024 | $4,984 | $400,000 | -- | $400,000 |
| 2023 | $4,984 | $376,000 | $0 | $376,000 |
| 2022 | $3,129 | $128,000 | $0 | $128,000 |
| 2021 | $3,198 | $128,000 | $0 | $128,000 |
| 2020 | $3,191 | $128,000 | $0 | $128,000 |
| 2019 | $3,258 | $128,000 | $0 | $128,000 |
| 2018 | $3,007 | $128,000 | $0 | $128,000 |
| 2017 | $2,800 | $112,800 | $0 | $112,800 |
| 2016 | $2,820 | $112,800 | $0 | $0 |
| 2015 | $2,869 | $112,800 | $0 | $0 |
| 2014 | $2,892 | $112,800 | $0 | $0 |
| 2013 | -- | $112,800 | $0 | $112,800 |
Source: Public Records
Agents Affiliated with this Home
-
Alicia Phillips
-
Justin Sykes
J
Buyer's Agent in 2024
Justin Sykes
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
(352) 240-0600
94 Total Sales
-
Tina Yakel
Buyer Co-Listing Agent in 2024
Tina Yakel
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
(352) 240-0600
210 Total Sales
Map
Source: Stellar MLS
MLS Number: GC521381
APN: 07881-111-001
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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.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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