tomo logo

$360,000

Beds
4
Baths
3.0
sq ft
2,457

1404 NW 10th Ave, Gainesville, FL 32605

1404 NW 10th Ave

GAINESVILLE, FL 32605

  • 181 days on market
    • Price drop $55,000↓
The seller, a licensed Realtor, is highly motivated due to a family relocation to Colorado for personal and professional reasons. This presents a rare opportunity to acquire a well-maintained home that is priced to sell. Whether you are interested in assuming the current mortgage or exploring seller financing, all offers will be considered, and necessary concessions will be made to facilitate a smooth transaction. Property Highlights: Solid flooring throughout the home, spacious kitchen featuring ample cabinet storage, a commercial-grade sink and sprayer, Florida room with A/C, converted into a fifth bedroom or adaptable for other uses, expansive master bedroom and closet, mother-in-law suite with a separate entrance for privacy, cozy wood-burning fireplace, 10 blocks from UF campus. The home has been both a personal residence and a successful rental property, consistently generating approximately $3,000 per month. The backyard is a tropical oasis with a variety of fruit-bearing trees, including citrus, bananas, avocados, and pineapples, as well as a storage shed. Recent updates include a new roof installed in 2016, and new A/C and water heater in 2012. Detailed photos, video, and disclosures are available to provide a comprehensive view of the property. Feel free to make contact with any questions or to schedule a viewing. This home is a must-see and offers the potential to become your new residence. Act quickly—opportunities like this don’t last long! **Video Tour: https://vimeo.com/714180616/05190aeda6

Details

Property type

Single Family Residence

Est. home value

$409,465

Lot size

0.46 acres

Price per sq ft

$147

Year built

1946

Annual property taxes

$6,142.93

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #GC521514

Price change
$360,000
-13.25%
09/29/2024
StellarMLS

StellarMLS #GC521514

Pending
$415,000
09/17/2024
StellarMLS

StellarMLS #GC521514

Price change
$415,000
-3.94%

Schools & Community

Neighborhood: 

University Park

Elementary school: 

Carolyn Beatrice Parker Elementary

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

$115,046
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$216,154
Cash to seller
$115,046

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

September 2016

Original loan amount

$262,744

Est. remaining balance

$216,154

Interest rate

3.45%

Loan type

FHA, 30 year

Seller

Jonathan Spoliansky and Toni Spoliansky

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: 11/05/2024 at 3:40 AM

Listing updated: 11/03/2024 at 8:09 AM

Listed by: Jonathan Spoliansky, CAP REALTY, LC Phone #: (305) 777-1888

MLS: StellarMLS #GC521514

StellarMLS logo

Recently listed in GAINESVILLE