NOT LISTED FOR SALE

704 SW 68th Terrace Gainesville, FL 32607

Estimated Value: $188,000 - $262,000

3 Beds
1 Bath
1,829 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $130,000 $71 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,506/month

27 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • F.W. Buchholz High School Rated A
  • Combination Dining and Living Room

About This Home

As of January 2022

Fantastic investment opportunity! Both units have 2 BR, 1.5 baths. W/d enclosed in shed. Reliable tenants in place, property kept in good condition.

Last Agent to Sell the Property

Patricia Alvarado

COLDWELL BANKER M.M. PARRISH REALTORS License #3268418 Listed on: 11/09/2021

COLDWELL BANKER M.M. PARRISH REALTORS

Last Buyer's Agent

Patricia Alvarado

COLDWELL BANKER M.M. PARRISH REALTORS License #3268418 Listed on: 11/09/2021

COLDWELL BANKER M.M. PARRISH REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,829 Sq Ft Home
  • Combination Dining and Living Room

Schools

  • Myra Terwilliger Elementary School
  • Fort Clarke Middle School
  • F. W. Buchholz High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Cedar Ridge Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,988

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1829
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 8276
  • Directions to Property: GPS will take you directly to the property.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC500668?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC500668?w=Customer
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.80296
  • Price per Sq Ft: 71.08
  • Close to Original List Price Ratio: 0.80296
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor
  • Foundation Details: Slab
  • Street Number Modifier: 704
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Myra Terwilliger Elementary School-AL
  • High School: F. W. Buchholz High School-AL
  • Middle Or Junior School: Fort Clarke Middle School-AL

Lot Info

  • Zoning: R-3
  • Parcel Number: 06655-053-019
  • Additional Parcels: No
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1988.44
  • Tax Book Number: K-8
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 28, 2022
Sold by
Holly Heights Holdings And Acquisition L
Bought by
Holly Heights Gainesville 1 Ll and Holly Heights Gainesville 2 Ll
Seller's Agent
Patricia Alvarado
COLDWELL BANKER M.M. PARRISH REALTORS
Buyer's Agent
Patricia Alvarado
COLDWELL BANKER M.M. PARRISH REALTORS
List Price
$161,900
Sold Price
$130,000
Premium/Discount to List
-$31,900
-19.7%
Current Estimated Value
$227,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,881
Avg. Annual Appreciation
16.24%

Purchase Details

Listed on
Apr 11, 2014
Closed on
Feb 27, 2015
Sold by
Rutenberg Barry B
Bought by
Marigold Properties Llc
Seller's Agent
Patricia Alvarado
COLDWELL BANKER M.M. PARRISH REALTORS
Buyer's Agent
Patricia Alvarado
COLDWELL BANKER M.M. PARRISH REALTORS
List Price
$49,000
Sold Price
$78,500
Premium/Discount to List
$29,500
60.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Nov 23, 1999
Bought by
Marigold Properties Llc

Purchase Details

Closed on
Jun 1, 1987
Bought by
Marigold Properties Llc

Purchase Details

Closed on
Mar 1, 1980
Bought by
Marigold Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Holly Heights Gainesville 1 Ll $15,555,000 None Listed On Document
Marigold Properties Llc -- Attorney
Marigold Properties Llc $78,500 Attorney
Marigold Properties Llc $100 --
Marigold Properties Llc $100 --
Marigold Properties Llc $11,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2022 01/03/22 Sold $130,000 +65.6% $71 / Sq Ft
12/06/2021 12/06/21 Off Market $78,500 -- --
11/30/2021 11/30/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $161,900 +106.2% $89 / Sq Ft
03/03/2015 03/03/15 Sold $78,500 +60.2% $43 / Sq Ft View Prior Sale
07/13/2014 07/13/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $49,000 -- $27 / 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 $3,520 $149,551 $30,000 $119,551
2023 $3,520 $124,693 $40,000 $84,693
2022 $2,393 $119,131 $40,000 $79,131
2021 $2,277 $106,391 $40,000 $66,391
2020 $1,988 $75,776 $20,000 $55,776
2019 $1,866 $87,107 $55,000 $32,107
2018 $1,468 $40,000 $5,000 $35,000
2017 $1,509 $47,100 $5,000 $42,100
2016 $1,222 $29,300 $0 $0
2015 $1,250 $30,300 $0 $0
2014 $1,310 $31,300 $0 $0
2013 -- $32,300 $5,000 $27,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC500668

Stellar MLS

APN: 06655-053-019