tomo logo

$729,800

Beds
4
Baths
2.5
sq ft
3,457

1520 NW 68th Ter, Gainesville, FL 32605

1520 NW 68th Ter

GAINESVILLE, FL 32605

  • 1 day on market
Located in the heart of Gainesville, tucked away on a beautiful private setting this acre homesite has mature landscape surrounded by a tall shade canopy. Located on a quiet cul-de-sac this Mid Century Modern Home has been thoughtfully renovated and tastefully designed using quality materials throughout. The spacious rooms flow perfectly from room to room with gorgeous French oak wood floors creating a warm inviting atmosphere of casual elegance. Floor to ceiling windows bring in abundant filtered light and peaceful views from every room. The kitchen features stone countertops, breakfast seating and a separate juice bar/coffee station or the perfect spot for happy hour. There is a Huge multi purpose flex space off kitchen currently used as fitness center and a second home office that has a private entrance but uses are endless. There is liberal storage at every turn of the home. The roof is called a ZIG ZAG roof (replaced in June of 2024) and was architecturally designed in the 60's that creates gabled windows and vaulted ceilings on the interior which offers unique architectural detail in many of the rooms. The great room with gas fireplace has large glass doors that open onto paved decks surrounding inground pool with plenty of space for gathering with friends and family to entertain and enjoy an afternoon meal. It also has a large retractable awing for additional shade in the warmer months. Part of the backyard is fenced in to protect the furry friends and young children. There is a separate storage that has electric and could be a workshop, studio or cabana and has a recent metal roof. University Acres is a well established community convenient to Shopping, Restaurants, Hospitals, Downtown, Santa Fe and University of Florida. If you are looking for Quality of life in a home that is move in ready this is the home for you!

Details

Property type

Single Family Residence

Est. home value

$572,967

Lot size

1.01 acres

Price per sq ft

$212

Year built

1970

Annual property taxes

$3,904.25

HOA

No

Price History

03/24/2025
StellarMLS

StellarMLS #GC529275

Listed
$729,800
02/05/2025
StellarMLS

StellarMLS #GC525815

Removed
$729,800
11/08/2024
StellarMLS

StellarMLS #GC525815

Listed
$729,800
+104.43%

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

$492,543
Asking price
$729,800
Closing costs (~8% of asking)
-$58,384
Est. remaining loan balance
-$178,873
Cash to seller
$492,543

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

December 2019

Original loan amount

$200,000

Est. remaining balance

$178,873

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Patrick B Burke and Debra A Burke

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: 03/25/2025 at 11:00 PM

Listing updated: 03/25/2025 at 6:59 AM

Listed by: Donna Bostwick, WATSON REALTY CORP Phone #: (352) 377-8899

MLS: StellarMLS #GC529275

StellarMLS logo

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