NOT LISTED FOR SALE

5701 E University Ave Gainesville, FL 32641

Estimated Value: $163,000 - $220,000

2 Beds
1 Bath
1,440 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $122,000 $85 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,199/month

4 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • No HOA
  • Eastside High School Rated A-
  • Sun or Florida Room
  • Covered patio or porch

About This Home

As of May 2019

Very unique 2bed/1bath block home on one acre in NE Gainesville. Enter the privacy fenced yard and enjoy beautiful landscaping and a covered patio. The home has a large living room, spacious eat-in kitchen with stainless steel appliances (2016), and dining room, bright Florida room with plenty of windows and its own entrance. Two large bedrooms & updated bathroom. Washer/Dryer is only three years old. Living room has a skylight, restored natural wood floors in living areas, ceramic tile floor in kitchen. Updated double paned window throughout. Brand new 30-year roof with architectural shingles, A/C & Heating System was upgraded for energy efficiency. Block workshop could be converted to extra living space. Home sits on one acre and borders a creek and small pond. Enjoy the firepit, landscaped lighting, and beautiful sloping yard with avocado, lemon & orange trees. Only minutes to major hospitals, shopping and the University and walking distance to Newmans Lake and across the street from a State Preserve

Last Agent to Sell the Property

Milo Ahlstrom

FLORIDA HOMES REALTY & MORTGAGE GVILLE License #3130131 Listed on: 04/17/2019

FLORIDA HOMES REALTY & MORTGAGE GVILLE

Last Buyer's Agent

Joan Prange

COLDWELL BANKER M.M. PARRISH REALTORS License #3362314

COLDWELL BANKER M.M. PARRISH REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1960

Lot Details

  • 1 Acre Lot
  • North Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Irregular Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Courtyard Style Home
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,440 Sq Ft Home
  • Blinds
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Covered patio or porch
  • Separate Outdoor Workshop

Schools

  • Lake Forest Elementary School
  • Abraham Lincoln Middle School
  • Eastside High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Forest Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10874-001-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,036

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Courtyard, Ranch
  • Construction Materials: Block, Concrete
  • Living Area: 1440
  • Lot Size Acres: 1
  • Year Built: 1960
  • Building Area Total: 2455
  • Lot Size Sq Ft: 43560
  • Directions to Property: East on University towards Newmans Lake- at fork of road stay to the right. Home sits behind blue house- take driveway on right to 5701-B. No signs on property
  • Status: Sold
  • Street Direction: E
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 529793682
  • RATIO Current Price By Calculate: 84.72
  • Total Acreage: 1 to less than 2
  • Barn Features: Other,Shed-Row
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other, Tile, Wood
  • Full Bathrooms: 1
  • Interior Amenities: Eat-in Kitchen, Master Bedroom Main Floor, Other
  • Appliances Included: Dishwasher, Dryer, Gas Water Heater, Oven, Refrigerator, Washer
  • Total Bedrooms: 2
  • Window Features: Blinds
  • Street Number Modifier: 5701-B
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Florida Room,Formal Dining Room Separate,Storage Rooms
  • Living Area Meters: 133.78
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Other Structures: Workshop
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Other

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Natural Gas Available, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Security: Security Gate, Security System
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Parcel Number: 10874-001-001
  • Fencing: Chain Link, Other, Partial, Wood
  • Lot Features: Irregular Lot
  • Homestead YN: 1
  • Lot Size Square Meters: 4047

Tax Info

  • Tax Annual Amount: 1036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 22, 2019
Sold by
Bailey Mark E
Bought by
Manders Kyle Robert and Forshee Jami
Seller's Agent
Milo Ahlstrom
FLORIDA HOMES REALTY & MORTGAGE GVILLE
Buyer's Agent
Joan Prange
COLDWELL BANKER M.M. PARRISH REALTORS
List Price
$117,500
Sold Price
$122,000
Premium/Discount to List
$4,500
3.83%
Total Days on Market
4
Current Estimated Value
$189,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,410
Avg. Annual Appreciation
6.87%
Original Mortgage
$97,600
Outstanding Balance
$86,697
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$95,402

Purchase Details

Closed on
Apr 27, 2017
Sold by
Bailey Mark E and Bailey Vicki
Bought by
Bailey Mark E

Purchase Details

Closed on
Feb 3, 2015
Bought by
Bailey Mark E

Purchase Details

Closed on
Feb 11, 2009
Bought by
Bailey Mark E

Purchase Details

Closed on
Feb 22, 2000
Bought by
Bailey Mark E

Purchase Details

Closed on
Jun 16, 1999
Bought by
Bailey Mark E

Purchase Details

Closed on
Aug 3, 1977
Bought by
Bailey Mark E
Source: Public Records

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Range of Values:

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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
Manders Kyle Robert $122,000 Haile Title Company
Bailey Mark E -- Attorney
Bailey Mark E $100 --
Bailey Mark E $100 --
Bailey Mark E $100 --
Bailey Mark E $100 --
Bailey Mark E $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manders Kyle Robert $97,600
Previous Owner Bailey Mark E $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Off Market $122,000 -- --
05/22/2019 05/22/19 Sold $122,000 +3.8% $85 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $117,500 -- $82 / 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 $1,630 $98,265 -- --
2023 $1,630 $95,402 $0 $0
2022 $1,545 $92,623 $0 $0
2021 $1,514 $89,925 $13,000 $76,925
2020 $1,488 $91,832 $13,000 $78,832
2019 $1,125 $77,189 $0 $0
2018 $1,080 $75,750 $0 $0
2017 $1,037 $74,200 $13,000 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC424282

Stellar MLS

APN: 10874-001-001