tomo logo

$139,900

Beds
2
Baths
1.0
sq ft
528

1611 NE 8th Ave, Gainesville, FL 32641

1611 NE 8th Ave

GAINESVILLE, FL 32641

  • Pending
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Back On Market! Charming shotgun style 2 Bed / 1 Bath COMPLETELY RENOVATED home we call Rosemary Cottage. Zoned U6, this lot is able to be used commercially, split into 3 lots, and up to 7 units may be built on the land, this will prove valuable in the long run. 2 minute walk from an RTS bus stop and the new Clarence R. Kelly Community Center. Also walking distance from Citizens Field, the Dwight H. Hunter Northeast Pool, and the MLK Multipurpose Center. Enjoy a short commute to UF and Shands and all the businesses in Downtown Gainesville. Front and rear handicap ramps, bar in tub, and handicap accessible doors. Brand new roof December 2023. Completely renovated kitchen with butcher-block countertop 2024. New luxury vinyl plank flooring 2024. Freshly painted inside and out 2024. All new light fixtures and ceiling fans 2024. New HVAC condenser in 2020. Electrical 200 Amp panel upgrade 2014. Water heater replaced 2013. New HVAC system and ductwork in 2013. Hardie Siding added in 2013. Buyer to verify room sizes.

Details

Property type

Single Family Residence

Est. home value

$85,356

Lot size

6,534 sq ft

Price per sq ft

$265

Year built

1940

Annual property taxes

$1,102.36

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #GC524569

Pending
$139,900
10/06/2024
StellarMLS

StellarMLS #GC524569

Listed
$139,900
08/30/2024
StellarMLS

StellarMLS #GC524569

Pending
$139,900

Schools & Community

Elementary school: 

Marjorie Kinnan Rawlings Elementary School-AL

Middle school: 

Westwood Middle School-AL

High school: 

Gainesville High School-AL

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Financial Freedom Senior Funding Corp

Loan start date

October 2004

Original loan amount

$67,500

Est. remaining balance

Not provided

Interest rate

3.74%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Mary G Davis

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: Pending/Under Contract

Tomo last checked: 11/04/2024 at 11:25 PM

Listing updated: 10/31/2024 at 2:21 PM

Listed by: Elliot Larkin, FLORIDA HOMES REALTY & MORTGAGE JAX Phone #: (352) 240-1133

MLS: StellarMLS #GC524569

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Recently listed in GAINESVILLE