NOT LISTED FOR SALE

724 NW 40th Terrace Gainesville, FL 32607

Gainesville Area

Estimated Value: $435,000 - $599,587

4 Beds
2.5 Baths
2,093 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2022

Last sale price $563,714 $269 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,453 / mo

2 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Vaulted Ceiling
  • Gainesville High School Rated A
  • Midcentury Modern Architecture
  • Solid Surface Countertops

About This Home

As of June 2022

Standing on a large lot within the quiet neighborhood of Twin Pines, this picture-perfect Mid-Century Modern style home offers a highly convenient location and lots of curb appeal. Designed and built for the 1964 Gainesville Parade of Homes, the home itself features concrete block split-level construction that has been lovingly updated and maintained throughout the years. Offering a total of 4-bedrooms and 2.5-baths, the interiors of the home features an open floor plan with 18x36" porcelain tile flooring, vaulted ceilings, and lots of natural light throughout. The open kitchen is well-equipped for cooking and hosting alike, with custom European-style sapele cabinets, quartz countertops, glass-tile backsplash, stainless Kitchen Aid appliances, and large breakfast bar that overlooks the family room. An eye-catching floor-to-ceiling wood burning fireplace serves as the focal point in the family room and is flanked by two large windows overlooking the outside greenery. All bedrooms provide plenty of space, but the master suite is especially notable with a walk-in closet, large windows, a set of sliding glass doors out to a private patio, and a private en-suite complete with a sunken tub / shower combo. For those who enjoy taking in the Central Florida sunshine, this property provides ample opportunity to do so with its screen-enclosed atrium and lanai that overlooks a spacious concrete patio and the surrounding landscaping. A totally private outdoor shower is also present on the side of the home and is accessible via the guest bath, allowing you the unique opportunity to enjoy sunshine and birdsong as you shower. A variety of upgrades have been made throughout the home, including a metal roof and gas water heater in 2014, new HVAC as of 2016, insulated windows, fiberglass exterior doors, and glass sliders as of 2018. A transfer switch is installed and a generator is included, and the home provides plenty of space for vehicles with a 2-car attached side-entry garage. Royal Park Creek borders the side of the property, and the lot itself backs up to acres of neighboring woods for added privacy (and the occasional visit by local deer!). Those looking to be near the University of Florida, shopping, dining, hospitals, and I-75 will be perfectly at home in this stunning property, which offers a central NW Gainesville location!

Last Agent to Sell the Property

Tate Mikell

MATCHMAKER REALTY OF ALACHUA COUNTY License #3257506 Listed on: 04/28/2022

Co-Listed By

Ryan Swanson

MATCHMAKER REALTY OF ALACHUA COUNTY License #3403001

Last Buyer's Agent

Jacqui Knowles

COLDWELL BANKER M.M. PARRISH REALTORS License #3097616

COLDWELL BANKER M.M. PARRISH REALTORS
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,273

Year Built

  • Built in 1963

Lot Details

  • 30,056 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Midcentury Modern Architecture
  • Bi-Level Home
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,093 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Tile Flooring
  • Views of Woods

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Twin Pines Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,273

Year Built

Built in 1963

Lot Details

0.69 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2093
  • Lot Size Acres: 0.69
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 2850
  • Lot Size Sq Ft: 30056
  • Status: Sold
  • Street Direction: NW
  • Co List Office Mls Id: MFR271500260
  • Co List Office Phone: 352-351-4718
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 264.77
  • Escrow City: Gainesville
  • Escrow State: FL
  • Escrow Street Name: NW 43rd Street
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 269.33
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Other Equipment: Generator
  • Window Features: Blinds, Insulated Windows
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Dining Room Separate,Formal Living Room Separate
  • Living Area Meters: 194.45

Exterior Features

  • Direction Faces: East
  • Exterior Features: Outdoor Shower, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12001C0292D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Curb Parking, Driveway, Garage Door Opener, Garage Faces Side, Guest, Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF1
  • Parcel Number: 06491-005-000
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Paved
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2273.04
  • Tax Block: 00
  • Tax Book Number: F-51
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 14, 2022
Sold by
Tate Mikell John
Bought by
Seller's Agent
Tate Mikell
MATCHMAKER REALTY OF ALACHUA COUNTY
Buyer's Agent
Jacqui Knowles
COLDWELL BANKER M.M. PARRISH REALTORS
List Price
$548,700
Sold Price
$563,714
Premium/Discount to List
$15,014
2.74%
Current Estimated Value
$515,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,817
Avg. Annual Appreciation
-2.07%

Purchase Details

Closed on
May 30, 2014
Sold by
Manis Rosemary L
Bought by
Mikell John Tate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,885
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 1, 1977
Bought by
Tate Mikell John
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$563,800 Holden Roscow & Caedington Pl
Mikell John Tate $151,000 Bosshardt Title Insurance Ag
Tate Mikell John $56,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $135,885
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $563,714 +2.7% $269 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $548,700 +263.4% $262 / Sq Ft
12/06/2021 12/06/21 Off Market $151,000 -- --
10/07/2014 10/07/14 Sold $151,000 0.0% $72 / Sq Ft View Prior Sale
09/07/2014 09/07/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $151,000 -- $72 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,266 $358,823 $60,000 $298,823
2024 $7,743 $380,331 $60,000 $320,331
2023 $7,743 $379,481 $60,000 $319,481
2022 $2,401 $140,950 $0 $0
2021 $2,368 $136,845 $0 $0
2020 $2,324 $134,955 $0 $0
2019 $2,314 $131,920 $0 $0
2018 $2,129 $129,460 $0 $0
2017 $2,125 $126,800 $0 $0
2016 $2,081 $124,200 $0 $0
2015 $2,172 $126,100 $0 $0
2014 $1,872 $113,190 $0 $0
2013 -- $152,300 $35,000 $117,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC504550

Stellar MLS

APN: 06491-005-000

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