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$749,000

Beds
5
Baths
3.0
sq ft
2,615

716 NE 7th St, Gainesville, FL 32601

716 NE 7th St

GAINESVILLE, FL 32601

  • <1 day on market
    • Open house Mar 01
Wake up to the birds singing and go to sleep listening to the owls in this rare compound on a double lot in the Historic Duckpond Neighborhood! The three structure compound is centered around the main house, a charming, vintage three bedroom, two bathroom home with wood floors, high ceilings, crown molding and a patio off the kitchen. The bathrooms are beautiful examples of stunning period tilework and design. Above the garage is a lovely two bedroom, one bath apartment with a kitchen and beautiful views of the trees. This is perfect for an extended family member or for use as an income producing rental. Below is a two-car garage. One of the bays has been converted into an office and also contains the Laundry Room. It can be converted back if you need two bays, a real rarity in the Duckpond.The separate studio building is a private haven for a writer, artist or anyone who simply wants a quiet space just for themselves. There is room for a pool on this generously sized lot. Walking distance to everything downtown has to offer. Shops, restaurants, theaters, galleries and parks are waiting for you!

Details

Property type

Single Family Residence

Est. home value

$426,261

Lot size

0.34 acres

Price per sq ft

$287

Year built

1933

Annual property taxes

$3,407

HOA

No

Price History

02/28/2025
StellarMLS

StellarMLS #GC527744

Listed
$749,000
+102.43%
03/05/2007
StellarMLS

StellarMLS #GC271644

Sold
$370,000

Schools & Community

Neighborhood: 

Duckpond

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

$598,174
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$90,906
Cash to seller
$598,174

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

July 2015

Original loan amount

$219,200

Est. remaining balance

$90,906

Interest rate

3.05%

Loan type

New Conventional, 15 year

Seller

Sheryl T Kroen

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?

Status: Active

Tomo last checked: 02/28/2025 at 4:55 PM

Listing updated: 02/28/2025 at 9:39 AM

Listed by: Kim Chalmers, BHGRE THOMAS GROUP Phone #: (352) 226-8228

MLS: StellarMLS #GC527744

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Recently listed in GAINESVILLE