tomo logo

$459,000

Beds
3
Baths
2.0
sq ft
1,561

1318 NW 7th Rd, Gainesville, FL 32603

1318 NW 7th Rd

GAINESVILLE, FL 32603

  • 16 days on market
Spacious Ocala block home within WALKING DISTANCE to UF undergraduate classes, the business college, Publix, Chik-Fil-A, and more! Only 1 MILE from Ben Hill Griffin Stadium, this well-maintained property features 3 large bedrooms, 2 full bathrooms, and a quarter bath. Its stylish and welcoming with beautifully restored original hardwood floors and plenty of windows that flood the home with natural light. The hallway bedrooms are generously sized, and the primary bedroom includes a private bathroom with large storage closet and a dual vanity sink. The home also has a new AC unit installed just 6 months ago. There are multiple spaces for entertaining, including a screened-in patio off the living room, a covered back patio off the kitchen, and a large concrete pad in the backyard—perfect for grilling/'homegates'. With over 2,400 square feet under roof, the large carport offers potential for enclosure to add a garage or additional living space. Don't miss this rare home with an unbeatable location!

Details

Property type

Single Family Residence

Est. home value

$439,206

Lot size

0.3 acres

Price per sq ft

$295

Year built

1954

Annual property taxes

$7,096

HOA

No

Price History

02/06/2025
StellarMLS

StellarMLS #GC527642

Listed
$459,000
+16.2%
07/08/2022
StellarMLS

StellarMLS #GC505705

Sold
$395,000
+71.74%
02/17/2014
StellarMLS

StellarMLS #GC345541

Sold
$230,000
+56.46%

Schools & Community

Neighborhood: 

University Park

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

$156,285
Asking price
$459,000
Closing costs (~8% of asking)
-$36,720
Est. remaining loan balance
-$265,995
Cash to seller
$156,285

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

July 2022

Original loan amount

$276,500

Est. remaining balance

$265,995

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Ofelia Vanessa Maggi and Kiara Maggi

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: 02/23/2025 at 8:30 AM

Listing updated: 02/19/2025 at 9:03 AM

Listed by: Eric Leightman, UNIVERSITY REALTY Phone #: (352) 327-9500

MLS: StellarMLS #GC527642

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Recently listed in GAINESVILLE