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$339,000

Beds
3
Baths
2.0
sq ft
1,434

724 NW 7th Ave, Gainesville, FL 32601

724 NW 7th Ave

GAINESVILLE, FL 32601

  • 6 days on market
Rare opportunity to own this beautifully remodeled craftsman style home in a prime location less than 1 mile to UF! Split bedroom plan featuring 3 large bedrooms and 2 full bathrooms. Open kitchen with quartz countertops and new appliances. Luxury vinyl flooring throughout the house. Main bedroom is split from the guest bedrooms and features a luxury bathroom and a side patio with a large swing. Side patio separate entrance to the main bedroom and to the laundry room so the main bedroom can be used as an in-law suite or rental unit. Front entrance Florida Room is huge and bright with windows and LVP flooring. All stainless steel appliances highlight the open kitchen. Why waste money on rent when you can own this beautiful property and make money short and long term as a great investment. So close to everything! 1/2 mile to Santa Fe College Charles L. Blount Center, .4 miles to Flatfish Bakery, .7 miles to Publix on 13th (UF), .8 to Matherly Hall at UF, 1.5 miles to Ben Hill Griffin Stadium, Less than 1 mile to Dragonfly Sushi and downtown and less than 1.5 miles to Depot Park and the 4th Ave Food Park and so much more.

Details

Property type

Single Family Residence

Est. home value

$235,233

Lot size

4,792 sq ft

Price per sq ft

$237

Year built

1960

Annual property taxes

$2,263.16

HOA

No

Price History

01/16/2025
StellarMLS

StellarMLS #GC527446

Listed
$339,000
+1.19%
12/13/2024
StellarMLS

StellarMLS #GC522816

Removed
$335,000
11/11/2024
StellarMLS

StellarMLS #GC522816

Price change
$335,000
-2.16%

Schools & Community

Neighborhood: 

Fifth Avenue

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

$197,477
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$114,403
Cash to seller
$197,477

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

Seller’s Loan History

Lender

First Community Mortgage Inc

Loan start date

July 2020

Original loan amount

$121,600

Est. remaining balance

$114,403

Interest rate

3.24%

Loan type

New Conventional, 40 year

Seller

Morgan J Brick and Tracy E Brick

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: 01/22/2025 at 6:20 PM

Listing updated: 01/17/2025 at 6:55 AM

Listed by: Eric Warm, PEPINE REALTY Phone #: (352) 226-8474

MLS: StellarMLS #GC527446

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