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$179,000

Beds
3
Baths
2.5
sq ft
1,500

507 NW 39th Rd Unit 329, Gainesville, FL 32607

507 NW 39th Rd Unit 329

GAINESVILLE, FL 32607

  • 3 days on market
This spacious 3-bedroom, 2.5-bathroom condo is a fantastic investment, located just minutes from the UF campus, UF Shands, and the VA hospital. Conveniently situated off Newberry Road/University Ave, it’s surrounded by restaurants, shopping centers, and plenty of local attractions. The property features a tenant on a month-to-month lease, offering flexibility for both investors and potential future occupancy. Inside, the unit boasts carpet flooring throughout the living room and bedrooms, with tiled floors in the kitchen and bathrooms. The spacious living room opens up to a private, covered second-story balcony via glass sliding doors. All three bedrooms are located upstairs, with the larger bedroom offering a walk-in closet and direct access to the balcony. Additional perks include an in-unit laundry room and ample exterior storage. This community offers great amenities, including a pool, tennis court, basketball court, and clubhouse, making it a desirable spot for tenants and owners alike. With its prime location and strong rental potential, this condo is an excellent investment opportunity!

Details

Property type

Condominium

Est. home value

$174,539

Lot size

725 sq ft

Price per sq ft

$120

Year built

1969

Annual property taxes

$3,194.08

Monthly HOA fee

$546.62

Price History

10/02/2024
StellarMLS

StellarMLS #TB8309148

Listed
$179,000
+15.48%
10/27/2022
StellarMLS

StellarMLS #GC507140

Sold
$155,000
+138.46%
05/17/2017
StellarMLS

StellarMLS #GC400276

Sold
$65,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

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

$51,300
Asking price
$179,000
Closing costs (~8% of asking)
-$14,320
Est. remaining loan balance
-$113,380
Cash to seller
$51,300

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

Seller’s Loan History

Lender

Lower Llc

Loan start date

October 2022

Original loan amount

$116,250

Est. remaining balance

$113,380

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

Leonardo Fabio Peguero and Wandy Fernando Peguero

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: 10/04/2024 at 10:20 PM

Listing updated: 10/03/2024 at 6:54 AM

Listed by: Jesse Neagles, AGILE GROUP REALTY Phone #: (813) 569-6294

MLS: StellarMLS #TB8309148

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