tomo logo

$975,707

Beds
4
Baths
3.5
sq ft
3,794

8616 SW 40th Ave, Gainesville, FL 32608

8616 SW 40th Ave

GAINESVILLE, FL 32608

  • Pending
    • Price drop $20,000↓
Under contract-accepting backup offers. Welcome to this exquisite 2-story home nestled in the heart of Gainesville, FL, boasting a sprawling lot in a charming neighborhood. Step onto the inviting front porch and into the grand foyer leading to a formal dining and seating area, bathed in natural light. Beyond lies the shared living and kitchen space, adorned with high ceilings and a cozy fireplace, seamlessly connecting to the outdoor retreat. The chef's dream kitchen features hardwood cabinetry, island seating, stainless steel appliances, and a sizable pantry. The first-floor master suite offers tranquility with his and hers walk-in closets, backyard access, and a luxurious en suite complete with a spa-like tub and dual sink vanity. A generously sized office space, guest bedroom and convenient full and half bath complete the ground floor. Ascend to the family room upstairs, perfect for relaxing evenings. Two additional spacious bedrooms, each with ample closet space, and full bathroom await. Outside, discover your personal oasis with abundant dining and relaxation areas, an outdoor kitchenette, and a screened-in in-ground pool, ensuring year-round enjoyment.

Details

Property type

Single Family Residence

Est. home value

$1,163,533

Lot size

0.66 acres

Price per sq ft

$258

Year built

2003

Annual property taxes

$12,129

Monthly HOA fee

$59.33

Price History

10/22/2024
StellarMLS

StellarMLS #GC521577

Pending
$975,707
10/04/2024
StellarMLS

StellarMLS #GC521577

Price change
$975,707
-2.01%
08/30/2024
StellarMLS

StellarMLS #GC521577

Price change
$995,707
-5.14%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf

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

$429,413
Asking price
$975,707
Closing costs (~8% of asking)
-$78,057
Est. remaining loan balance
-$468,237
Cash to seller
$429,413

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

Seller’s Loan History

Lender

Compass Bank

Loan start date

July 2016

Original loan amount

$569,600

Est. remaining balance

$468,237

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Robert Mcdaniel and Rebecca Mcdaniel

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?

Similar Homes Nearby

StellarMLS
$849,900
4 bd
|
3.5 ba
|
2,846 sq ft
|
House

1406 SW 105th Ter, Gainesville, FL 32607

Price drop
StellarMLS
$1,099,655
4 bd
|
4.5 ba
|
3,246 sq ft
|
House

2767 SW 106th St, Gainesville, FL 32608

Price drop
StellarMLS
$925,000
4 bd
|
3 ba
|
3,278 sq ft
|
House

10429 SW 37th Pl, Gainesville, FL 32608

Status: Pending/Under Contract

Tomo last checked: 11/08/2024 at 7:10 AM

Listing updated: 10/23/2024 at 2:57 PM

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

MLS: StellarMLS #GC521577

StellarMLS logo

Recently listed in GAINESVILLE