tomo logo

$425,000

Beds
4
Baths
2.0
sq ft
1,680

221 SE 9th St, Gainesville, FL 32601

221 SE 9th St

GAINESVILLE, FL 32601

  • 28 days on market
Unique opportunity to buy two homes on one lot in the heart of Downtown Gainesville! Both vintage homes have recently been fully updated with new roofs, AC's, plumbing, windows and more! Live in one home while the other helps pay your mortgage. Front home is 784/SF and is 2 beds and 1 bath is currently leased until 7/31/2025. The back home is 896/SF and is also a 2 bed 1 bath and is currently vacant. Walk to depot park or downtown in minutes.

Details

Property type

Single Family Residence

Est. home value

$160,798

Lot size

7,405 sq ft

Price per sq ft

$253

Year built

1933

Annual property taxes

$2,864.94

HOA

No

Price History

11/25/2024
StellarMLS

StellarMLS #GC526490

Listed
$425,000

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

$191,111
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$199,889
Cash to seller
$191,111

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

Seller’s Loan History

Lender

Campus Usa Cu

Loan start date

October 2020

Original loan amount

$220,000

Est. remaining balance

$199,889

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Jason Lumley Anthony

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: 12/23/2024 at 1:45 PM

Listing updated: 11/26/2024 at 6:54 AM

Listed by: April Strickland, GOLDEN RULE REAL ESTATE AND PROPERTY MANAGEMENT Phone #: (352) 505-3499

MLS: StellarMLS #GC526490

StellarMLS logo

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