tomo logo

$375,000

Beds
4
Baths
2.0
sq ft
1,508

2833 NW 21st Ter, Gainesville, FL 32605

2833 NW 21st Ter

GAINESVILLE, FL 32605

  • 1 day on market
This AirBnB investment opportunity features an established property that has generated $68,420.24 so far this year (as of 11/14). Excellently located near the University of Florida, UF Health, VA, and HCA hospitals, the home includes 4 bedrooms, 2 baths, a pool, and a 2 car garage. It has been meticulously maintained and updated, boasting a remodeled kitchen with wood cabinetry, granite countertops, and stainless steel appliances. The property also features tile flooring in the great room, dining area and all bedrooms. The pool is perfect for enjoying the summer days, and the roof was replaced in 2021. Also being offered as part of a 3 home portfolio package yielding a 17.89% gross income ($205,847) offered at $1,150,000 via short term rentals in 2024.

Details

Property type

Single Family Residence

Est. home value

$320,197

Lot size

0.23 acres

Price per sq ft

$249

Year built

1971

Annual property taxes

$4,931.52

HOA

No

Price History

11/18/2024
StellarMLS

StellarMLS #GC526316

Listed
$375,000
+41.51%
09/17/2021
StellarMLS

StellarMLS #GC447040

Sold
$265,000
+30.86%
03/22/2019
StellarMLS

StellarMLS #GC421592

Sold
$202,500
+19.12%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

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

$142,526
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$202,474
Cash to seller
$142,526

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

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

September 2021

Original loan amount

$212,000

Est. remaining balance

$202,474

Interest rate

2.8%

Loan type

New Conventional, 40 year

Seller

Jn1 Llc

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: 11/19/2024 at 7:15 AM

Listing updated: 11/19/2024 at 6:55 AM

Listed by: Jonathan Colon, WATSON REALTY CORP Phone #: (352) 377-8899

MLS: StellarMLS #GC526316

StellarMLS logo

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