tomo logo

$199,900

Beds
2
Baths
2.5
sq ft
1,421

940 NW 42nd Ter, Gainesville, FL 32605

940 NW 42nd Ter

GAINESVILLE, FL 32605

  • 46 days on market
    • Price drop $10,000↓
Maintenance free lifestyle in this 2 bedroom 2.5 bath 1421 sf. townhouse centrally located in Lenox Place Townhomes. Laminate floors throughout the great room, dining area, hallways and bedrooms. Ceramic tile floors in kitchen and baths. Large kitchen with eating area. Both bedrooms are upstairs. Each one has their own bathroom. One of the bedrooms has a walk-in closet. Main floor has a half bath. Rear patio for outdoor living just steps from the pool. 1 car garage with garage door opener. HOA takes care of the exterior yard, roof, siding and building insurance. Roof was replaced in 2009.

Details

Property type

Townhouse

Est. home value

$226,182

Lot size

3,485 sq ft

Price per sq ft

$141

Year built

1989

Annual property taxes

$3,805.11

Monthly HOA fee

$292

Price History

10/30/2024
StellarMLS

StellarMLS #GC525232

Price change
$199,900
-4.76%
09/20/2024
StellarMLS

StellarMLS #GC525232

Listed
$209,900
+38.09%
02/27/2019
StellarMLS

StellarMLS #GC422702

Sold
$152,000
+55.9%

Schools & Community

Elementary school: 

Littlewood Elementary School-AL

Middle school: 

Westwood Middle School-AL

High school: 

F. W. Buchholz High School-AL

Community features: 

Pool

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

$133,434
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$50,474
Cash to seller
$133,434

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

Seller’s Loan History

Lender

Crescent Mortgage Co

Loan start date

August 2010

Original loan amount

$73,125

Est. remaining balance

$50,474

Interest rate

4.58%

Loan type

New Conventional, 30 year

Seller

Elizabeth M Earle

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?

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Status: Active

Tomo last checked: 11/05/2024 at 3:25 AM

Listing updated: 10/30/2024 at 9:21 AM

Listed by: Jonathan Colon, WATSON REALTY CORP Phone #: (352) 377-8899

MLS: StellarMLS #GC525232

StellarMLS logo

Recently listed in GAINESVILLE