tomo logo

$385,000

Beds
4
Baths
3.0
sq ft
1,958

1035 NE 3rd Ave, Gainesville, FL 32601

1035 NE 3rd Ave

GAINESVILLE, FL 32601

  • 22 days on market
Attention Investors! This cute two-story home in northeast Gainesville is conveniently located less than a mile from the downtown entertainment district and a mile and a half from the Santa Fe College downtown campus! The house features two bedrooms upstairs and a third bedroom downstairs which can also serve as a den or studio space. This home has wood floors, lots of windows providing plenty of natural light, and an updated kitchen and HVAC. The spacious Florida room leads out to a huge deck and large yard with citrus, passion fruit and avocado trees. There is even a chicken coop for the urban homesteader! The one-bedroom guest cottage with full kitchen has its own private entrance and driveway making it an excellent second rental. Both the main house and cottage have an excellent rental history and are currently leased to tenants.

Details

Property type

Single Family Residence

Est. home value

$297,508

Lot size

0.23 acres

Price per sq ft

$197

Year built

1938

Annual property taxes

$4,114

Price History

08/28/2024
StellarMLS

StellarMLS #GC524730

Listed
$385,000
+120%
10/10/2014
StellarMLS

StellarMLS #GC351013

Sold
$175,000
-14.63%
11/20/2009
StellarMLS

StellarMLS #GC301806

Sold
$205,000

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

$222,428
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$131,772
Cash to seller
$222,428

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

$131,772

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?

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Status: Active

Tomo last checked: 09/18/2024 at 9:00 PM

Listing updated: 08/29/2024 at 6:55 AM

Listed by: Diego Ibanez, COLDWELL BANKER M.M. PARRISH REALTORS Phone #: (352) 335-4999

MLS: StellarMLS #GC524730

StellarMLS logo

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