tomo logo

$222,222

Beds
3
Baths
3.0
sq ft
1,198

3705 SW 27th St Unit 1112, Gainesville, FL 32608

3705 SW 27th St Unit 1112

GAINESVILLE, FL 32608

  • 266 days on market
    • Price drop $2,778↓
Don't miss out on this excellent investment opportunity! Located in the beautiful Windsor Park Condominium, this ground-floor, 3 bed/3 bath condo is a must-see. The unit boasts an open concept living/dining room combo with a breakfast bar, brand NEW kitchen cabinets and countertops and NEW lvp flooring, perfect for entertaining guests. Step outside onto the back porch, complete with a storage room, and enjoy the serene surroundings. The condo features 3 spacious bedrooms and 3 full bathrooms, providing plenty of space for everyone. This property is in a prime location, just minutes away from the University of Florida, Shands hospital, VA hospital, and plenty of shopping and dining options. The condominium community offers an array of amenities including a resort-style pool and spa, fitness center, tennis courts, beach volleyball, and basketball courts, making it easy to stay active and enjoy the Florida sunshine. This unit is currently leased through July 28, 2024 at $1,700 per month, making it an excellent investment opportunity. With the bus stop located right in front of the complex, transportation is a breeze.

Details

Property type

Condominium

Est. home value

$207,882

Lot size

Unknown

Price per sq ft

$186

Year built

1996

Annual property taxes

$1,137.76

Monthly HOA fee

$550

Price History

07/03/2024
StellarMLS

StellarMLS #GC519905

Price change
$222,222
-1.23%
04/11/2024
StellarMLS

StellarMLS #GC519905

Price change
$225,000
-2.17%
03/02/2024
StellarMLS

StellarMLS #GC519905

Listed
$230,000
+25.68%

Schools & Community

Elementary school: 

Idylwild Elementary School-AL

Middle school: 

Kanapaha Middle School-AL

High school: 

Eastside High School-AL

Community features: 

Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)

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

$73,901
Asking price
$222,222
Closing costs (~8% of asking)
-$17,778
Est. remaining loan balance
-$130,543
Cash to seller
$73,901

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2022

Original loan amount

$137,250

Est. remaining balance

$130,543

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Sangeetha Soundararajan

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: 11/23/2024 at 7:30 AM

Listing updated: 09/26/2024 at 4:23 PM

Listed by: Dawn Johnson, FIRST CHOICE REALTY OF NORTH FLORIDA LLC Phone #: (352) 514-9508

MLS: StellarMLS #GC519905

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Recently listed in GAINESVILLE