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$350,000

Beds
3
Baths
2.0
sq ft
1,840

5031 NW 24th Ter, Gainesville, FL 32605

5031 NW 24th Ter

GAINESVILLE, FL 32605

  • 4 days on market
    • Open house Feb 23
ASK ABOUT SPECIAL INTEREST RATE WITH PREFERRED LENDER. Homes in this location don't come up for sale often, especially with an expansive 1,840 sq ft! You'll love the spacious, tiled, screened-in back lanai, & the backyard is completely fenced in. The bonus living room provides extra space and has a wood-burning fireplace. This home has many recent updates including: All appliances replaced in June 2020; Hot water heater Feb 2025; New garage door Nov 2024; Tile flooring in last 3 years. Most rooms freshly painted.

Details

Property type

Single Family Residence

Est. home value

$329,298

Lot size

8,276 sq ft

Price per sq ft

$191

Year built

1993

Annual property taxes

$3,229.31

Monthly HOA fee

$34.67

Price History

02/19/2025
StellarMLS

StellarMLS #OM695550

Listed
$350,000
+42.28%
05/28/2020
StellarMLS

StellarMLS #GC433197

Sold
$246,000
+20%
08/05/2016
StellarMLS

StellarMLS #GC373469

Sold
$205,000
-8.85%

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

$104,144
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$217,856
Cash to seller
$104,144

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

Seller’s Loan History

Lender

Hamilton Group Funding Inc

Loan start date

May 2020

Original loan amount

$241,544

Est. remaining balance

$217,856

Interest rate

3.33%

Loan type

FHA, 30 year

Seller

Jessica M Schramm and Caitlin E Kohl

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: 02/23/2025 at 9:00 AM

Listing updated: 02/21/2025 at 4:48 PM

Listed by: John Scotti, REALTY HUB Phone #: (407) 900-1001

MLS: StellarMLS #OM695550

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Recently listed in GAINESVILLE