tomo logo

$245,000

Beds
3
Baths
1.0
sq ft
903

1942 NE 16th Ter, Gainesville, FL 32609

1942 NE 16th Ter

GAINESVILLE, FL 32609

  • 35 days on market
    • Price drop $3,000↓
One or more photo(s) has been virtually staged. Assumable Mortgage available to qualified buyers. Take advantage of this rare chance to secure a home with a low-interest rate. Built with sturdy concrete block construction, this home is built to last and offers endless potential with a little bit of updating. The living area and one bedroom feature stylish vinyl flooring, while large windows throughout the home invite in plenty of natural light. The kitchen boasts modern stainless steel appliances, including a refrigerator and stove, and the gas water heater adds energy efficiency. With a two-car carport, this home offers both practicality and potential. The spacious, fenced yard is perfect for pets, gardening, or entertaining. Enjoy the convenience of being just half a mile away from Satchel's Pizza and nearby schools, and only about 1 mile away from Waldo Road Walmart. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$205,768

Lot size

0.23 acres

Price per sq ft

$272

Year built

1960

Annual property taxes

$855.09

HOA

No

Price History

01/15/2025
StellarMLS

StellarMLS #GC526510

Price change
$245,000
-1.21%
12/18/2024
StellarMLS

StellarMLS #GC526510

Listed
$248,000
+185.39%
12/30/2008
StellarMLS

StellarMLS #GC291563

Sold
$86,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Carrington Mortgage Services Llc

Loan start date

January 2022

Original loan amount

$16,693

Est. remaining balance

$15,663

Interest rate

3.1%

Loan type

FHA, 30 year

Seller

Gene L Givens Jr and Lawanda Givens

Lender

Florida Housing Finance Corp

Loan start date

December 2015

Original loan amount

$42,000

Est. remaining balance

Not provided

Interest rate

3.09%

Loan type

Negative Amortization, 10 year

Seller

Gene L Givens Jr

Lender

Bank Of America Na

Loan start date

September 2014

Original loan amount

$4,752

Est. remaining balance

$3,669

Interest rate

4.14%

Loan type

FHA, 29 year

Seller

Gene L Givens Jr

Lender

Bank Of America Na

Loan start date

February 2013

Original loan amount

$2,678

Est. remaining balance

$1,921

Interest rate

3.37%

Loan type

VA, 30 year

Seller

Gene L Givens Jr

Lender

Peoples First Community Bank

Loan start date

December 2008

Original loan amount

$85,925

Est. remaining balance

$58,841

Interest rate

6.14%

Loan type

FHA, 30 year

Seller

Gene L Givens Jr

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: 01/22/2025 at 6:55 PM

Listing updated: 01/15/2025 at 8:48 AM

Listed by: Farjana Yasmin, BOSSHARDT REALTY SERVICES LLC Phone #: (352) 371-6100

MLS: StellarMLS #GC526510

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Recently listed in GAINESVILLE