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$154,900

Beds
3
Baths
2.5
sq ft
1,500

507 NW 39th Rd Unit 319, Gainesville, FL 32607

507 NW 39th Rd Unit 319

GAINESVILLE, FL 32607

  • 69 days on market
    • Price drop $5,000↓
(Price improved to 154,900 as of January 4th 2024.) Priced extraordinarily well! This 3 bedroom 2.5 bath condo is conveniently located in Hawthorne Reserve. Centrally located in the middle of Gainesville, you are never more than 3 to 10 minutes to most daily staples such as Publix, restaurants, fitness centers, businesses, etc. Walking distance to bus route to nearby UF. The unit itself features spacious rooms, inside laundry room, & a nice 2nd floor patio deck adjoining the primary bedroom. In the event you own an EV, there is a High Voltage connection on the front of the unit to charge your vehicle. No waiting an hour in line at the Target on Archer Rd with the only super fast charging station available in Gainesville at this time. Hawthorne Reserve is unique in that it's in the middle of everything, while privately hidden away by large Live Oak Trees. Currently Hawthorne Reserve has also been qualifying for low $ down conventional financing for owner occupants. (As low as 3% for first time home buyers.)

Details

Property type

Condominium

Est. home value

$172,017

Lot size

883 sq ft

Price per sq ft

$104

Year built

1969

Annual property taxes

$2,650.67

HOA

Yes

Price History

01/04/2025
StellarMLS

StellarMLS #GC526282

Price change
$154,900
-3.13%
12/15/2024
StellarMLS

StellarMLS #GC526282

Price change
$159,900
-3.67%
11/15/2024
StellarMLS

StellarMLS #GC526282

Listed
$166,000
+121.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, 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

$114,921
Asking price
$154,900
Closing costs (~8% of asking)
-$12,392
Est. remaining loan balance
-$27,587
Cash to seller
$114,921

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

Seller’s Loan History

Lender

Nations Lending Corp

Loan start date

August 2016

Original loan amount

$56,250

Est. remaining balance

$27,587

Interest rate

2.78%

Loan type

New Conventional, 15 year

Seller

Garrett Smith and Richard D Smith

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 7:05 PM

Listing updated: 01/04/2025 at 3:27 PM

Listed by: Shawn Hicks, ENGEL & VOLKERS GAINESVILLE Phone #: (352) 672-6325

MLS: StellarMLS #GC526282

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Recently listed in GAINESVILLE