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$202,000

Beds
2
Baths
1.0
sq ft
868

1101 NW 24th Ave, Gainesville, FL 32609

1101 NW 24th Ave

GAINESVILLE, FL 32609

  • 163 days on market
    • Price drop $28,000↓
Short Sale. - subject to lender approval. This 1949-built concrete block home presents a potential project for those seeking a fixer-upper. Located on a modest 0.2-acre lot, this home is in need of significant updates and repairs but offers a solid foundation to build on.

Details

Property type

Single Family Residence

Est. home value

$213,928

Lot size

8,889 sq ft

Price per sq ft

$233

Year built

1949

Annual property taxes

$3,772.91

HOA

No

Price History

12/24/2024
StellarMLS

StellarMLS #GC523963

Price change
$202,000
-12.17%
11/10/2024
StellarMLS

StellarMLS #GC523963

Pending
$230,000
07/24/2024
StellarMLS

StellarMLS #GC523963

Listed
$230,000
+9.52%

Schools & Community

Neighborhood: 

Stephen Foster

Elementary school: 

Stephen Foster Elementary School-AL

Middle school: 

Westwood Middle School-AL

High school: 

Gainesville High School-AL

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

-$17,616
Asking price
$202,000
Closing costs (~8% of asking)
-$16,160
Est. remaining loan balance
-$203,456
Cash to seller
-$17,616

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

September 2022

Original loan amount

$210,000

Est. remaining balance

$203,456

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Steven Combes

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: 01/03/2025 at 2:45 AM

Listing updated: 12/24/2024 at 12:27 PM

Listed by: Laurel Barber, FLORIDA HOMES REALTY & MORTGAGE GVILLE Phone #: (352) 240-1133

MLS: StellarMLS #GC523963

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