NOT LISTED FOR SALE

5727 NW 50th Place Gainesville, FL 32653

Estimated Value: $813,841 - $999,000

5 Beds
4.5 Baths
3,774 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 04, 2012

Last sale price $589,000 $156 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,849/month

Highlights

  • Screened Pool
  • Family Room with Fireplace
  • Bonus Room
  • William S. Talbot Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Home Office

About This Home

As of April 2023

In Desirable NW Milhopper Forest 4BR/3.5BA /Office PLUS in-law suite that is 1 Bed 1 Bath (total 5 bed 4.5 Baths), featuring a screened in pool w/rock waterfall, large lanai area w/BBQ grill. Large open island kitchen w/Busby cabinets, granite counter tops, 5 burner gas cooktop, wet bar w/wine cooler. Living room and office have custom cabinetry, family room w/gas fireplace, tray ceilings and tile flooring throughout. Pre-wired for Surround sound throughout the house and pool area. Upstairs bonus room/4th bedroom has full bath. Large master bedroom w/sitting area, on-suite luxury bath w/walk-in shower, double sinks, tub, double walk-in closet. Spacious in-law suite w/walk-in closet, large walk-in shower, kitchenette w/fridge & micro. Light and bright with lots of large windows. 3 car garage in gated subdivision. Washer and Dryer connected. Renter's insurance required.Pool and Yard Maintenance and inside scheduled pest control included in rent open to a Min 7 Month lease.

Last Agent to Rent the Property

Saveela Asad

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS License #3298460 Listed on: 11/01/2022

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Co-Listed By

Ace Sheikh

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS License #3314033

Last Renter's Agent

Saveela Asad

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS License #3298460 Listed on: 11/01/2022

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,781

Year Built

  • Built in 2005

Lot Details

  • 0.43 Acre Lot
  • Fenced

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,774 Sq Ft Home
  • Wet Bar
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Bonus Room

Kitchen

  • Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Property has a Home Owners Association
  • Millhopper Forest Association
  • Built by Bullard
  • Millhopper Forest Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,495
  • Property Available on 10/29/22
  • Tenant pays for carpet cleaning fee, cleaning fee, re-key fee
  • The owner pays for grounds care, pool maintenance
  • Available 4/10/23
  • $65 Application Fee
  • Assessor Parcel Number 06054-011-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,781

Year Built

Built in 2005

Lot Details

0

Parking

3

Rental Info

  • Furnished: Partially
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Dogs OK, Monthly Pet Fee, Pet Deposit, Yes
  • Available Date: 2022-10-29
  • Terms Of Lease: 1st Last and Sec Dep Required,No Smoking,Security Deposit Required
  • Long Term YN: 1
  • Security Deposit: 4495
  • Pet Deposit Fee: 600
  • Pet Fee Non Refundable: 6000
  • Additional Applicant Fee: 65
  • Expected Lease Date: 2023-04-10T00:00:00.000
  • Additional Pet Fees: Pet fee and pet deposit indicated is for each pet. Pet Fee $6000 per pet non-refundable and Monthly pet rent $50.00 per pet per month i.e.

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Fireplace: Yes
  • Living Area: 3774
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 5065
  • Lot Size Sq Ft: 18731
  • Owner Pays: Grounds Care, Pool Maintenance
  • Tenant Pays: Carpet Cleaning Fee, Cleaning Fee, Re-Key Fee
  • Directions to Property: From X of NW 43 St & NW 53 Ave-west on NW 53 Ave to Millhopper Forest on the left. Go through gate and look for home on the left as the road curves around. Gate closes at 8pm.
  • Status: Leased
  • Street Direction: NW
  • Co List Office Mls Id: MFR259500046
  • Co List Office Phone: 352-375-1002
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 1
  • List Office Head Office Key Nume: 529793693
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1.19
  • Unit Number YN: 0
  • Water Access YN: 0
  • Security Deposit Terms: Additional deposits may be required based upon application review.
  • Special Features: None

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Other, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Master Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 5
  • Levels: One
  • Window Features: Blinds, Double Pane Windows
  • Street Number Modifier: 5727
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Interior In-Law Suite
  • Living Area Meters: 350.62
  • Room Count: 7
  • Master Bed Size: King

Exterior Features

  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Sliding Doors, Storage
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Disclosures: Association Rules & Regulations Available
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Fiber Optics, Natural Gas Available, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Exhaust Fan, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Millhopper Forest
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: Owners & HOA Discretion. Association covenants, laws, rules, and regulations in documents for tenant/s to review and abide by.
  • Association Fee Requirement: Required
  • Development: Millhopper Forest

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 65

Lot Info

  • Parcel Number: 06054-011-039
  • Fencing: Fenced
  • Property Attached Yn: Yes
  • Lot Size Square Meters: 1740

Building Info

  • Builder Name: Bullard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Sheikh Awais and Asad Saveela
Bought by
3E Rentals Llc
Current Estimated Value
$870,710

Purchase Details

Closed on
Dec 19, 2024
Sold by
3E Rentals Llc
Bought by
Sheikh Awais and Asad Saveela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2013
Bought by
Asad and Asad Sheikh W

Purchase Details

Listed on
Aug 21, 2012
Closed on
Oct 4, 2012
Sold by
Witt Levy Dale and Witt Tammy G
Bought by
Savila Sheikh Awais Tauseef and Savila Asad
Seller's Agent
Jonathan Colon
WATSON REALTY CORP
Buyer's Agent
Betsy Pepine
PEPINE REALTY
List Price
$650,000
Sold Price
$589,000
Premium/Discount to List
-$61,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Barry Bullard General Contractor Inc
Bought by
Witt Levy Dale and Witt Tammy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2004
Bought by
Asad and Asad Sheikh W

Purchase Details

Closed on
Apr 15, 2003
Sold by
Barry Bullard Gen Cont Inc
Bought by
Cousins Thomas S and Cousins Sherri M

Purchase Details

Closed on
Sep 19, 2001
Sold by
Howe Dev Corp
Bought by
Barry Bullard General Contractor Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
3E Rentals Llc $100 None Listed On Document
Sheikh Awais $100 None Listed On Document
Sheikh Awais $100 None Listed On Document
Asad $100 --
Savila Sheikh Awais Tauseef $589,000 Attorney
Witt Levy Dale $585,000 --
Asad $73,400 --
Barry Bullard General Contractor Inc $7,200 --
Cousins Thomas S $72,000 --
Barry Bullard General Contractor Inc $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheikh Awais $712,500
Previous Owner Witt Levy Dale $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2023 04/01/23 Rented $4,495 0.0% --
03/22/2023 03/22/23 Under Contract -- -- --
01/26/2023 01/26/23 Price Changed $4,495 -2.2% $1 / Sq Ft
01/06/2023 01/06/23 Price Changed $4,595 -8.0% $1 / Sq Ft
12/16/2022 12/16/22 Price Changed $4,995 -9.1% $1 / Sq Ft
11/26/2022 11/26/22 Price Changed $5,495 -8.3% $1 / Sq Ft
11/01/2022 11/01/22 For Rent $5,995 0.0% --
12/06/2021 12/06/21 Off Market $589,000 -- --
10/04/2012 10/04/12 Sold $589,000 -9.4% $156 / Sq Ft View Prior Sale
08/31/2012 08/31/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $650,000 -- $172 / 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 $14,781 $721,198 $109,000 $612,198
2023 $14,781 $689,382 $90,000 $599,382
2022 $10,083 $489,836 $0 $0
2021 $9,849 $475,569 $0 $0
2020 $9,834 $469,003 $0 $0
2019 $9,736 $458,458 $0 $0
2018 $9,465 $449,910 $0 $0
2017 $9,522 $440,660 $0 $0
2016 $9,337 $431,600 $0 $0
2015 $9,521 $436,500 $0 $0
2014 $9,499 $436,600 $0 $0
2013 -- $441,800 $65,000 $376,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC509180

Stellar MLS

APN: 06054-011-039