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11501 Northwest 122nd Terrace

11501 Northwest 122nd Terrace, Alachua, FL 32615
Sold Jul 02, 1999
$168,000
$168,000 by Merrill Lynch Credit Corp
Mortgage
Sold Jun 01, 1984
$20,500
Local assessors in Alachua, FL have categorized 11501 Northwest 122nd Terrace as a residential type of property. The home was built in 1985 and is 39 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 154,202 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11501 Northwest 122nd Terrace has a total of 2,793 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 1,000 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of metal. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11501 Northwest 122nd Terrace sold most recently in Jun 29, 1999 for a total of $168,000. If you work out the math, that's approximately a cost of $44.29 per sqft. Before that, the property was also sold for $20,500 in Jun 1, 1984. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,130 in taxes each year. 11501 Northwest 122nd Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $250,252. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 1,000
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 154,202
  • Total Building Area: 3,793
  • Gross Building Area: 4,021
  • Building Area: 2,793
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,793
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALACHUA HIGHLANDS UNIT I
  • Land Acres: 3.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALACHUA HIGHLANDS UNIT NO 1 PB K-56 LOT 60 OR 2240/2838 & OR 5099/1945

Ownership

  • Current Owner : GROSS GEORGE T
  • Current Owner 2: GROSS GAIL P
  • Previous Owner : SHEARER VERNON L
  • Previous Owner 2: SHEARER SHIRLEY E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 001817

Zoning

  • Zoning: A

Geography

  • Parcel: 03968-060-000
  • Lot: 60
  • Meridian: SEC 25 TWN 08S RNG 18E
  • Municipality: ALACHUA
  • Latitude: 29.7608
  • Longitude: -82.4741

    Address

  • Full Address: 11501 Nw 122nd Ter
  • Address - House Number: 11501
  • Street Direction: NW
  • Address - Street Name: 122nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Alachua
  • Carrier Code: R004
  • 4-Digit Zip Code: 6534
  • Zip Code: 32615

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,130
  • Tax Rate Code Area: 1700

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 76
  • Final Value: 500,337
  • High Value: 590,192
  • Low Value: 410,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,000
  • First Open Lien Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Open Lien Mortgage Recording Date: Jul 02, 1999
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $168,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $431,984
  • Market Land Value: $141,600
  • Market Improvement Value: $573,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,252

    Sales

  • Current Sale Contract Date: Jun 29, 1999
  • Current Sale Recording Date: Jul 02, 1999
  • Current Sale Transaction ID: 1089710883
  • Current Sale Price: $168,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 01, 1984
  • Previous Sale Contract Date: Jun 01, 1984
  • Previous Sale Amount: $20,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Mortgage Transaction Date: Jul 02, 1999
  • First Mortgage Loan Amount: $168,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Alachua



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Frequently Asked Questions

What neighborhood is 11501 Northwest 122nd Terrace located in?
The 11501 Northwest 122nd Terrace is a located in the neighborhood of High Springs-Alachua in Alachua, Alachua.
What is the average sales price for listings in 11501 Northwest 122nd Terrace?
The average sales price for units in 11501 Northwest 122nd Terrace is $0 currently.

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