tomo logo

$374,900

Beds
4
Baths
3.0
sq ft
1,958

1035 NE 3rd Ave, Gainesville, FL 32601

1035 NE 3rd Ave

GAINESVILLE, FL 32601

  • 3 days on market
Home & Guest house! Great investment opportunity near the Duckpond area, University of Florida and hospitals. Take a look at this 3 bedroom 2 bath home with a 1 bedroom1 bath detached ADU (Accessory Dwelling Unit). The main home is loaded with vintage character from the original wood floors to the craftsman style doors and trim. The kitchen has been updated with granite counter tops, wood cabinetry and recent appliances. Both bathrooms have updated showers and vanities. There is one bedroom and bath on the main floor and two bedrooms and one bath upstairs. There is a large rear enclosed patio and laundry area. For outdoor living there is a large deck facing the privacy fenced back yard. Large corner .23 acre lot with plenty of parking. The ADU has its own separate covered entrance, parking pad, 1 bedroom, 1 bath, tile floors throughout, great room with beams, dining area with solarium, laundry closet, rear deck, full kitchenette with refrigerator, stove, cabinets and sink. The main home and ADU are both currently rented. ADU was used as a short term rental in the past and did very well. More pictures coming soon. Some pictures depict the ADU when it was vacant.

Details

Property type

Single Family Residence

Est. home value

$297,508

Lot size

0.23 acres

Price per sq ft

$192

Year built

1938

Annual property taxes

$4,181.35

HOA

No

Price History

03/27/2025
StellarMLS

StellarMLS #GC529389

Listed
$374,900
-2.62%
01/02/2025
StellarMLS

StellarMLS #GC524730

Removed
$385,000
08/28/2024
StellarMLS

StellarMLS #GC524730

Listed
$385,000
+120%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$215,272
Asking price
$374,900
Closing costs (~8% of asking)
-$29,992
Est. remaining loan balance
-$129,636
Cash to seller
$215,272

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2014

Original loan amount

$166,250

Est. remaining balance

$129,636

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Jessica Lancia and Rebeca Ibanez De Paz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 12:50 PM

Listing updated: 03/28/2025 at 6:53 AM

Listed by: Jonathan Colon, WATSON REALTY CORP Phone #: (352) 377-8899

MLS: StellarMLS #GC529389

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