NOT LISTED FOR SALE

7118 SW 86th Terrace Gainesville, FL 32608

Estimated Value: $439,000 - $477,368

4 Beds
3 Baths
2,174 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $310,000 $143 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,858/month

Highlights

  • Waterfront
  • Clubhouse
  • Contemporary Architecture
  • Kimball Wiles Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of November 2019

Only one side neighbor AND in the most conveniently located neighborhood? Yes that''s correct! This 4 bed 3 bath Mentone gem has no rear neighbors and only one side neighbor for maximum privacy without sacrificing the perks of a community! Conveniently located near UF, Shands, Archer Rd, Newberry Rd. Oversized lot not easy to find! New interior paint, new floors, newer appliances! Features an office/den that could easily be converted into a bedroom to make 5. No carpeting throughout and features laminate wood flooring as well as tile. 3 way split floorplan is perfect for a family and guest room without sacrificing the office! The family room is open concept to the kitchen and breakfast nook. Family room opens to your private enclosed lanai featuring a beautiful stone fireplace, built in summer kitchen includes grill, refrigerator and ice maker. Lanai was built and featured in the builders magazine! Off of the enclosed lanai there is a wood deck that overlooks the fully fenced back yard. This large lot allows plenty of space if you would like to build a pool or take a leisurely walk to the community pool! Zoned in a fantastic school system and an easy commute to anywhere in Gainesville! Fantastic price and lot that can''t be beat!

Last Agent to Sell the Property

Jennifer Bass

TRUSTED REALTY GROUP, LLC License #3375753 Listed on: 07/30/2019

Last Buyer's Agent

Gia Arvin

MATCHMAKER REALTY OF ALACHUA COUNTY License #3078318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,598

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Wood Fence
  • Irrigation

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 2,174 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen

Schools

  • Kimball Wiles Elementary School
  • Kanapaha Middle School
  • Gainesville High School

Horse Facilities and Amenities

  • Shed Row

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07061-080-005

Community Details

Overview

  • Mentone HOA, Phone Number (352) 353-4812
  • Mentone Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,598

Year Built

Built in 2003

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Traditional
  • Construction Materials: Cement Siding, Concrete
  • Living Area: 2174
  • Lot Size Acres: 0.27
  • Year Built: 2003
  • Lot Size Sq Ft: 11761
  • Directions to Property: Turn into Mentone Subdivision on SW 85th St, make a R on SW 86th Ter, follow around, house on R
  • Status: Sold
  • Street Direction: SW
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 529793687
  • RATIO Current Price By Calculate: 142.59
  • Total Acreage: 1/4 to less than 1/2
  • Barn Features: Shed-Row
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Other, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Other, Split Bedroom
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Window Features: Blinds
  • Street Number Modifier: 7118
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room
  • Living Area Meters: 201.97
  • Room Count: 3

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Exterior Features: Irrigation System, Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Other

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Street Lights, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association Amenities: Clubhouse, Playground, Pool
  • Association Fee: 150
  • Association Fee Frequency: Quarterly
  • Association Name: Mentone HOA
  • Phone: 352-353-4812
  • Association: Yes
  • Association Fee Requirement: Required

Schools

  • Elementary School: Kimball Wiles Elementary School-AL
  • High School: Gainesville High School-AL
  • Middle Or Junior School: Kanapaha Middle School-AL

Lot Info

  • Parcel Number: 07061-080-005
  • Fencing: Boundary Fencing, Wood
  • Lot Features: Other
  • Homestead YN: 1
  • Lot Size Square Meters: 1093

Tax Info

  • Tax Annual Amount: 3598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Nov 13, 2019
Sold by
Son Minsung and Han Autumn
Bought by
Mcgrew Jeffrey Allen and Mcgrew Kay Lennon
Seller's Agent
Jennifer Bass
TRUSTED REALTY GROUP, LLC
Buyer's Agent
Gia Arvin
MATCHMAKER REALTY OF ALACHUA COUNTY
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%
Current Estimated Value
$451,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,842
Avg. Annual Appreciation
6.57%
Original Mortgage
$294,500
Outstanding Balance
$259,342
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$192,500

Purchase Details

Closed on
Apr 30, 2010
Sold by
Gamble Bradley A and Gamble Danielle M
Bought by
Son Minsung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,793
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2003
Sold by
Lucian Kragiel Bldr Inc
Bought by
Gamble Bradley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
5.3%

Purchase Details

Closed on
Feb 14, 2003
Sold by
Caret Corp
Bought by
Lucian Kragiel Bldr Inc
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
Mcgrew Jeffrey Allen $310,000 Haile Title Co
Son Minsung $285,000 Gibraltar Title Insurance Ag
Gamble Bradley A $211,300 --
Lucian Kragiel Bldr Inc $34,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrew Jeffrey Allen $294,500
Previous Owner Son Minsung $275,793
Previous Owner Gamble Bradley A $169,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Off Market $310,000 -- --
11/13/2019 11/13/19 Sold $310,000 -6.0% $143 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $329,900 -- $152 / 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 $4,958 $252,516 -- --
2023 $4,958 $245,161 $0 $0
2022 $4,721 $238,021 $0 $0
2021 $4,574 $231,088 $0 $0
2020 $4,513 $227,897 $0 $0
2019 $3,873 $193,895 $0 $0
2018 $3,748 $190,280 $0 $0
2017 $3,757 $186,370 $0 $0
2016 $3,508 $182,540 $0 $0
2015 $3,509 $181,280 $0 $0
2014 $3,482 $179,850 $0 $0
2013 -- $177,200 $30,000 $147,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC427342

Stellar MLS

APN: 07061-080-005