NOT LISTED FOR SALE

5623 E University Ave Gainesville, FL 32641

Estimated Value: $154,000 - $201,000

2 Beds
1 Bath
1,380 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $133,400 $97 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,151/month

22 Days on Market

Highlights

  • Ranch Style House
  • Bonus Room
  • Formal Dining Room
  • Eastside High School Rated A-
  • No HOA
  • Patio

About This Home

As of February 2021

Charming 2 bedroom block home on 1.22 acres in Lake Forest Farms. This beauty includes an additional flex room that could easily be a bedroom or office/den. Spacious living room and dining room, both complete with a fan pattern textured ceiling. Large yard for entertaining on the back patio. Property is within minutes of downtown Gainesville, UF, VA and Shands Hospitals.

Last Agent to Sell the Property

Trey Goff

BOSSHARDT REALTY SERVICES LLC License #3323599 Listed on: 12/27/2020

BOSSHARDT REALTY SERVICES LLC

Last Buyer's Agent

Jonathan Varol

EXP REALTY LLC License #3432281

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1957

Lot Details

  • 1.22

Home Design

  • Ranch Style House
  • Shingle Roof
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Cooktop

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Carport
  • Driveway

Schools

  • Lake Forest Elementary School
  • Howard Middle School
  • Eastside High School

Utilities

  • Central Heating
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 1.22 Acre Lot
  • Shed Row

Community Details

  • No Home Owners Association
  • Lake Forest Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10874-003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,357

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Cement Siding, Concrete
  • Living Area: 1380
  • Lot Size Acres: 1.22
  • Year Built: 1957
  • Lot Size Sq Ft: 53143
  • Directions to Property: Traveling South on Hwy 441 or NW 13th Street, turn left on West University Ave. The property will be on the right 5.2 miles on the right.
  • Status: Sold
  • Street Direction: E
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 215047166
  • RATIO Current Price By Calculate: 96.67
  • Total Acreage: 1 to less than 2
  • Barn Features: Shed-Row
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Other
  • Appliances Included: Cooktop, Electric Water Heater, Oven, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Window Features: Drapes
  • Street Number Modifier: 5623
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Formal Dining Room Separate
  • Living Area Meters: 128.21
  • Room Count: 2

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Driveway, None

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Lake Forest Elementary School-AL
  • High School: Eastside High School-AL
  • Middle Or Junior School: Howard Middle School

Lot Info

  • Parcel Number: 10874-003-000
  • Lot Features: Other
  • Homestead YN: 0
  • Lot Size Square Meters: 4937

Tax Info

  • Tax Annual Amount: 2357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2020
Closed on
Feb 26, 2021
Sold by
Walrath Glenda L and Walrath Gerald V
Bought by
Patterson Chong S
Seller's Agent
Trey Goff
BOSSHARDT REALTY SERVICES LLC
Buyer's Agent
Jonathan Varol
EXP REALTY LLC
List Price
$129,900
Sold Price
$133,400
Premium/Discount to List
$3,500
2.69%
Total Days on Market
22
Current Estimated Value
$180,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,286
Avg. Annual Appreciation
6.42%
Original Mortgage
$106,720
Outstanding Balance
$96,748
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$77,108

Purchase Details

Closed on
May 21, 2013
Sold by
Walrath Glenda L
Bought by
Walrath Glenda L and Walrath Gerald V

Purchase Details

Closed on
Nov 16, 2012
Sold by
Kelly Beverly W
Bought by
Walrath Glenda L

Purchase Details

Closed on
Oct 10, 2008
Sold by
Walrath Glenda L and Wilkerson Tamara R
Bought by
Kelly Beverly W

Purchase Details

Closed on
Sep 26, 2002
Sold by
Franklin Kelly Beverly W and Franklin Kelly Jasper
Bought by
Franklin Kelly Beverly W and Franklin Kelly Jasper

Purchase Details

Closed on
Apr 11, 1968
Bought by
Walrath Gerald V and Walrath Glenda L
Source: Public Records

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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
Patterson Chong S $133,400 Bosshardt Title Ins Agcy Llc
Walrath Glenda L -- None Available
Walrath Glenda L -- None Available
Kelly Beverly W -- Attorney
Franklin Kelly Beverly W -- --
Walrath Gerald V $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Chong S $106,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Off Market $133,400 -- --
02/26/2021 02/26/21 Sold $133,400 +2.7% $97 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
12/25/2020 12/25/20 For Sale $129,900 -- $94 / 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 $1,644 $97,254 -- --
2023 $1,644 $94,421 $0 $0
2022 $1,551 $91,670 $0 $0
2021 $2,324 $89,193 $15,000 $74,193
2020 $2,356 $90,587 $15,000 $75,587
2019 $2,181 $83,081 $15,000 $68,081
2018 $2,146 $85,500 $15,000 $70,500
2017 $1,983 $73,900 $15,000 $58,900
2016 $1,912 $72,800 $0 $0
2015 $1,923 $72,800 $0 $0
2014 $1,932 $72,700 $0 $0
2013 -- $73,800 $15,000 $58,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC440418

Stellar MLS

APN: 10874-003-000