tomo logo

$275,000

Beds
2
Baths
2.0
sq ft
1,232

7303 NW 116th Ln, Alachua, FL 32615

7303 NW 116th Ln

ALACHUA, FL 32615

  • 4 days on market
Nicely remodeled home on a corner lot. Open floor plan, high ceilings, with spacious 2 bedrooms, 2 bathrooms with skylights, Kitchen with quartz countertop, open cabinets, and floating shelves. Florida room with HVAC that you can use as an office, 2 car garage with laundry. AC replaced in 2020. Enjoy walking in this peaceful neighborhood, or go to the common amenities such as pool, playground, tennis court, and much more. Golf is available but not included in the HOA

Details

Property type

Single Family Residence

Est. home value

$267,586

Lot size

6,098 sq ft

Price per sq ft

$224

Year built

1983

Annual property taxes

$3,105.52

HOA

No

Price History

01/30/2025
StellarMLS

StellarMLS #GC527839

Listed
$275,000
+19.57%
12/27/2021
StellarMLS

StellarMLS #GC500617

Sold
$230,000
+38.97%
07/19/2019
StellarMLS

StellarMLS #GC424028

Sold
$165,500
+512.96%

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

$41,844
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$211,156
Cash to seller
$41,844

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$225,834

Est. remaining balance

$211,156

Interest rate

3.14%

Loan type

FHA, 30 year

Seller

Xiaoli Chen and Xiaobin Chen

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: 02/03/2025 at 7:50 PM

Listing updated: 01/31/2025 at 6:55 AM

Listed by: Michael Durso, PROVIDIAN PROPERTIES INC Phone #: (561) 703-9799

MLS: StellarMLS #GC527839

StellarMLS logo

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