tomo logo

$1,200,000

Beds
5
Baths
3.0
sq ft
3,604

589 SW 128th Ter, Newberry, FL 32669

589 SW 128th Ter

NEWBERRY, FL 32669

  • 68 days on market
    • Price drop $224,000↓
Stunning custom EG Gonzalez home in the award-winning community of Town of Tioga. This home is situated on a premium over-sized executive lot in the back of community on a low traffic street. This two-story 4 bedroom/3 bathroom home features bonus flex rooms/spaces plus a study and a flex room/media/gym on each floor. This turn-key ready home is bright and cheerful with tall ceilings throughout offering great natural light in each room. An elegant foyer welcomes you into the home. Custom python wall covering from ceiling to floor makes for a breathtaking entrance. The first floor of the home features a formal living room, kitchen, living room, breakfast nook, huge walk-in pantry, large laundry room w/lots of storage space, full bathroom, bedroom #2 is currently being used as a gym, mud room with custom cabinetry for an ideal "drop and go" storage to hide sports equipment, backpacks, etc. and mud room custom bench, and primary bedroom en suite with two large walk-in closets. The second story features two bedrooms sharing a bathroom and an extra large flex room that is currently being used as a media room but can also serve as an oversized bedroom. There is also an additional room outside of three upstairs bedrooms that makes an ideal study nook or conditioned storage space. No carpet in the home makes for easy maintenance. The luxury kitchen has oversized refrigerator/freezer, double-ovens, built-in ice maker, top of the line quartz counters, gas stovetop, microwave and breakfast nook. The backyard has 8 ft privacy fence, additional auxiliary parking pad or basketball court area ---and plenty of room to tuck all your favorite "toys" behind the gated perimeter. The outdoor living spaces is an entertainers dream space with outdoor kitchen with gas grill, sink, stone counters, custom paver patio, outdoor shower and stunning HEATED pool with a waterfall. Town of Tioga offers wonderful amenities such as community pool, tennis courts, basketball courts, clubhouse, soccer field and sidewalks throughout community. Town of Tioga offers a walkable lifestyle which is only one of two in Alachua County. Enjoy walking to your favorite restaurants such as Local Provisions, Blue Highway Pizza, Patticakes, Cilantro Taco, Gainesville Health and Fitness Center, spas, boutiques, medical providers, etc. This home is turn-key ready and shows as a new home. You will not be able to build a custom home for the anywhere near this price.

Details

Property type

Single Family Residence

Est. home value

$1,075,395

Lot size

0.37 acres

Price per sq ft

$333

Year built

2016

Annual property taxes

$19,023.25

Monthly HOA fee

$165

Price History

03/28/2025
StellarMLS

StellarMLS #GC527671

Price change
$1,200,000
-15.73%
01/24/2025
StellarMLS

StellarMLS #GC527671

Listed
$1,424,000
+87.37%
03/30/2018
StellarMLS

StellarMLS #GC411340

Sold
$760,000
+1.13%

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

$315,423
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$788,577
Cash to seller
$315,423

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

Seller’s Loan History

Lender

Campus Usa Cu

Loan start date

March 2022

Original loan amount

$837,000

Est. remaining balance

$788,577

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Porter Michael Peterson and Chantal Adika Peterson

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: 04/03/2025 at 4:15 AM

Listing updated: 03/29/2025 at 9:49 PM

Listed by: Heather Damron, FLORIDA HOMES REALTY & MORTGAGE GVILLE Phone #: (352) 240-1133

MLS: StellarMLS #GC527671

StellarMLS logo

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