tomo logo

$725,000

Beds
5
Baths
3.5
sq ft
3,294

8516 SW 20th Ln, Gainesville, FL 32607

8516 SW 20th Ln

GAINESVILLE, FL 32607

  • <1 day on market
Completely Renovated 5-Bedroom Home on a Prime Corner Lot! This stunning 5-bedroom, 3.5-bathroom home is completely renovated and move-in ready! Nestled on a .67-acre corner lot in a peaceful cul-de-sac, this home offers the perfect blend of modern luxury and functional design. With over 3,200 sqft of beautifully updated living space, there’s plenty of room for everyone. Step inside to find a luxury kitchen outfitted with quartz countertops, sleek cabinetry, and high-end finishes—a dream for any home chef. The renovated bathrooms add a spa-like touch, including the massive primary suite featuring three closets and a beautifully updated en-suite bath. The spacious layout includes an attached in-law suite, perfect for guests or multi-generational living. Recent systems upgrades include upstairs HVAC (2023), downstairs HVAC (2022), updated commercial gas hot water heater (2021) and roof (2020) for worry-free living. Outside, enjoy Florida living at its finest with a huge front yard, a fully fenced backyard, a large screened-in porch, and a custom paver patio —ideal for entertaining or relaxing in privacy. Located just minutes from Haile Village, Haile Publix Market and shops, and Oaks Mall, this home offers both convenience and tranquility. Don’t miss this rare opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$579,792

Lot size

0.67 acres

Price per sq ft

$221

Year built

1989

Annual property taxes

$7,108.79

Monthly HOA fee

$27.08

Price History

03/14/2025
StellarMLS

StellarMLS #GC529071

Listed
$725,000
+72.62%
08/05/2021
StellarMLS

StellarMLS #GC444937

Sold
$420,000
+47.37%
10/31/2017
StellarMLS

StellarMLS #GC408294

Sold
$285,000
+52.61%

Schools & Community

Elementary school: 

Lawton M. Chiles Elementary School-AL

Middle school: 

Kanapaha Middle School-AL

High school: 

F. W. Buchholz High School-AL

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

$318,725
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$348,275
Cash to seller
$318,725

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$378,000

Est. remaining balance

$348,275

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Christopher Mark Higgins and Amy L Higgins

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: 03/14/2025 at 5:15 PM

Listing updated: 03/14/2025 at 2:21 PM

Listed by: Maddie Higgins, KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Phone #: (352) 240-0600

MLS: StellarMLS #GC529071

StellarMLS logo

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