NOT LISTED FOR SALE

5325 NW 20th Way Gainesville, FL 32653

Estimated Value: $373,000 - $591,000

8 Beds
4 Baths
3,720 Sq Ft
$119/Sq Ft Est. Value

Last Sold January 30, 2025

Last sale price $390,000 $105 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,775/month

14 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Central Heating and Cooling System
  • Gainesville High School Rated A
  • Laundry Room

About This Home

As of January 2025

This four-unit quadplex offers a prime opportunity for investors or buyers with a vision. Located off of 53rd and 13th, this property is perfect for someone looking to bring a multi-family property back to life. The building has solid bones and potential for significant value appreciation make it an excellent candidate for a renovation project. Key Features: Four Separate Units: Each unit offers 2 bedrooms and 1.5 bathrooms, with functional layouts with lots of natural light
Spacious Lot: The property sits on a generous lot with ample parking and a large separated back porch for each unit. Amenities: All four units have A washer and dryer hookup. Hvac is new in each unit. Back deck is new as well. Located in central Gainesville, 15 minutes from the University of Florida

Last Agent to Sell the Property

Michael Dean

REAL BROKER, LLC Brokerage Phone: 352-240-0600 License #3573511 Listed on: 12/13/2024

REAL BROKER, LLC

Last Buyer's Agent

Andrew Cutrona

BLUE PEAK REALTY LLC License #3501140

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,984

Year Built

  • Built in 1981

Lot Details

  • 0.28

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 3,720 Sq Ft Home
  • Views of Woods
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • C. W. Norton Elementary School
  • Westwood Middle School
  • Gainesville High School

Additional Features

  • 0.28 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3,720 Sq Ft Building
  • Sweetwater Pines Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,984

Year Built

Built in 1981

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Concrete, Wood Frame
  • Fireplace: No
  • Living Area: 3720
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 3720
  • Lot Size Sq Ft: 12344
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 345.60
  • Escrow City: Gainesville
  • Escrow State: FL
  • Escrow Street Name: NW 43rd St, Ste B
  • RATIO Current Price By Calculate: 104.84
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 352-240-0600
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 345.60

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Sweetwater Pines

Fee Information

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

Schools

  • Elementary School: C. W. Norton Elementary School-AL
  • High School: Gainesville High School-AL
  • Middle Or Junior School: Westwood Middle School-AL

Lot Info

  • Zoning: RESI
  • Parcel Number: 07881-105-001
  • Additional Parcels: No
  • Flood Zone Code: A

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 4984.31
  • Tax Block: C
  • Tax Book Number: K-87
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 30, 2025
Sold by
Legacy Properties Of Gainesville Llc
Bought by
Ac Assets Llc
Seller's Agent
Michael Dean
REAL BROKER, LLC
Buyer's Agent
Andrew Cutrona
BLUE PEAK REALTY LLC
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Views
14
Current Estimated Value
$442,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,611
Avg. Annual Appreciation
11.85%
Original Mortgage
$312,000
Outstanding Balance
$309,513
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$133,098

Purchase Details

Closed on
Apr 7, 2005
Sold by
Griffith James C
Bought by
Legacy Properties Of Gainesville Llc

Purchase Details

Closed on
Aug 2, 2001
Sold by
Curcio Frank T and Curcio Frank Thomas
Bought by
Griffith James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1992
Bought by
Legacy Properties Of Gaines

Purchase Details

Closed on
Jul 22, 1991
Bought by
Legacy Properties Of Gaines

Purchase Details

Closed on
Sep 1, 1981
Bought by
Legacy Properties Of Gaines
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ac Assets Llc $390,000 Florida Legal Title
Ac Assets Llc $390,000 Florida Legal Title
Legacy Properties Of Gainesville Llc $205,000 --
Griffith James C $127,000 --
Legacy Properties Of Gaines $63,500 --
Legacy Properties Of Gaines $15,000 --
Legacy Properties Of Gaines -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ac Assets Llc $312,000
Closed Ac Assets Llc $312,000
Previous Owner Griffith James C $120,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Sold $390,000 -2.3% $105 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $399,000 -- $107 / Sq Ft
Source: Stellar MLS

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 $5,660 $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

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Map

Source: Stellar MLS

MLS Number: GC526672

Stellar MLS

APN: 07881-105-001

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