When was property at 120 Southeast 7th Street built and last sold?

The property at 120 Southeast 7th Street was built in 1935 and last sold on Jun 8, 2023 for $475,000.

How much is this home worth?

The estimated value of the home located at 120 Southeast 7th Street is $0.

What are some comparable homes to 120 Southeast 7th Street?

There are currently no comparable homes to 120 Southeast 7th Street.

Gainesville

32601

120 SE 7th STREET

$475,000

● House - Off Market

120 SE 7th STREET

GAINESVILLE, FL 32601

8 Beds

7 Baths

3,314 Ft²

$499,837

RealtyHop Estimate

0.17%

Since Jul 1, 2023

National-US

Primary Model

About This Property

This beautiful 8-bedroom 7 bath 1935 Historic Craftsman in Gainesville's quaint Duck Pond neighborhood is a rare find with its size and location for a home or investment, it is a must see. Quiet and centrally located close the Downtown area restaurants and the University of Florida. The main house has 3 bedrooms and 2 bathrooms with a loft and full kitchen. Beautiful details in the solid wood staircase greet you as you enter the foyer and lead to a loft perfect for an office or study. Custom heart pine tongue and groove line most of the walls and the claw foot soaker tubs are reminiscent of the details of days long ago. The master bedroom and bath are downstairs and have ample space. The attached 3 apartments could be used as rentals for additional income or for in-law suits for multifamily living as they are equipped with bathrooms and kitchen and kitchenettes. Sitting on a nice corner lot on .28 of an acre parking is plentiful on the South side of the home and a fully electric gate opens to the rear yard with a privacy fence. The back yard is private with bamboo and mature fruit bearing trees. The covered patio area is perfect for grilling and entertaining. A great area for family and pets as well.

Unit Size

3,314 Ft²

Days on Market

460 days

Land Size

0.28 acres

Price per sqft

$151

Property Type

House

Property Taxes

$437

HOA Dues

Year Built

1935

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Last updated: 3 years ago (Stellar MLS #GC502997)

Price History

Date / Event	Date	Event
Jun 14, 2023	Sold	Premium
Sold
Mar 5, 2022	Listed by UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY	$499,000
Listed by UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
Feb 19, 2022	No longer available	-
No longer available
Jan 21, 2022	Listed by FLORIDA HOMES REALTY & MORTGAGE LLC	$500,000
Listed by FLORIDA HOMES REALTY & MORTGAGE LLC

	GREAT LOCATION IN DUCK POND AREA FULLY LEASED ... CLOSE TO BUS LINE AND DOWN TOWN WITH JOBS TOO..GREAT INVESTMENT TOO.THERE IS ALSO PRIVATE PARKING IN THE REAR OF THE HOUSE FULLY FENCED FOR PRIVACY AND CAN BE OPEN REMOTELY SO THERE IS NO NEED TO PARK ON THE STREET. A REAL MUST SEE TO SEE THIS GREAT PROPERTY TO LIVE IN OR KEEP AS RENTAL PROPERRTY. The manager has listed the unit size as 3314 square feet.
Dec 28, 2021	Price Decreased	$500,000 ↓ $50K (9.1%)
Price Decreased
Sep 29, 2021	Listed by FLORIDA HOMES REALTY & MORTGAGE LLC	$550,000
Listed by FLORIDA HOMES REALTY & MORTGAGE LLC

	A great find in downtown SE Historic Gainesville close to everything plus bus line. Lots of parking in rear of building that is fenced privacy and remote opening and no need to park street. The manager has listed the unit size as 4200 square feet.
Sep 4, 2021	No longer available	-
No longer available
Jul 29, 2021	Relisted	$550,000
Relisted
Jun 29, 2021	No longer available	-
No longer available
Mar 28, 2021	Listed by Dawn Realty	$550,000
Listed by Dawn Realty

	Fantastic Vintage home, zoned Mixed Use in the SE Gainesville's Bed and Breakfast District. This 5 unit, multi-family home has a strong history of rental income. Built in 1935, this home is well maintained and turn-key. Just blocks to downtown Gainesville's shops and restaurants. Less than 2 miles to the University of Florida and UF Health. Walk to area parks including Bo Didley Plaza and Depot Park. Area museums include the nearby Matheson History Museum and the Cade Museum for Creativity and Invention. 4 blocks to the main RTS terminal. The 5 units include a 3/2, 2/2, 1/1 and two studios. There are three outdoor laundry facilities with washer and dryers. The vintage home retains charming historic details including wood paneling, tongue and groove wood ceilings, hardwood floors, beamed ceilings, claw foot tubs, high ceilings and generously sized rooms. Multi-use zoning allows many uses. Nearby uses include Bed and Breakfasts, Law Offices, Salons, Restaurants and Museums. The lot is a mix of hardwoods, palm trees, bamboo and crape myrtles. The .28 acres are fenced with wood privacy fence, gated rear yard, shared outdoor amenities including barbeque, picnic table and ample parking. The manager has listed the unit size as 4200 square feet.
Mar 3, 2021	No longer available	-
No longer available
Feb 22, 2021	Relisted	$575,000
Relisted
Feb 21, 2021	No longer available	-
No longer available
Nov 20, 2020	Listed	$595,000
Listed

	Incredible investment opportunity. 5 total units to accommodate tenants with varying needs: One 3/2, including master with separate bath; three 1/1 lofts and one large 1/2 with two living areas. Separate laundry areas, lots of natural light and beautiful, original hardwood floors throughout. Outdoor picnic area with grill that is always a favorite with tenants. 100% occupancy rate generating $5K/month income! Walking distance to shopping, dining, Depot Park and bus lines. Building has been immaculately cared for and seller is willing to continue managing. Call now to see this one before it's gone. The manager has listed the unit size as 3314 square feet.
Oct 14, 2004	Sold	Premium
Sold
Jul 1, 1991	Sold	Premium
Sold

Property Highlights

Parking Available

Air Conditioning

Building Info

Overview

General

Year Built: 1935

Effective Year Built: 1980
Building Count: 1
Bedroom Count: 5
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 0
Building Style: 34
Exterior Walls Type: 7
Interior Walls Type: 10
Roof Shape Type: 7
Roof Cover Type: 14
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Parking Type: 1
Garage Type: 4
Garage Square Area: 432
Parking Space Count: 0
Patio Type: 5
Porch Type: 89
Pool Type: 0

Dimensions

Lot Size Square Feet: 12,197

Lot Size Depth Feet: 1,570
Lot Size Frontage Feet: 850
Total Building Area: 2,882
Gross Building Area: 3,314
Building Area: 3,314
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 12
Heating: 6
Heated Square Feet: 3,314
Heating Fuel Type: 6

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CAPSTONE QUARTERS
Land Acres: 0000000280
Standard Land Use Code: 1110
County Land Use Code: 00800
State Land Use Code: 008
Legal Description 1: COM 80 1/2 FT S OF SW COR OF UNION ST & & ROPER AVE W 157 1/2 FT S 85 FT E 157 1/2 FT N 85 FT OR 5098/1802

Neighborhood

School District Name: Alachua County School District

Census Tract: 000500

Zoning

Zoning: U3

Geography

Assessors Map Reference: QTR SEC 4052

Parcel: 12695-000-000
Meridian: SEC 04 TWN 10S RNG 20E
Municipality: GAINESVILLE
Latitude: 29.6504
Longitude: -82.3181

Address

Full Address: 120 Se 7th St

Address - House Number: 120
Street Direction: SE
Address - Street Name: 7th
Address - Suffix Type: St
State: FL
City Name: Gainesville
Carrier Code: C067
4-Digit Zip Code: 5813
Zip Code: 32601

Valuation

Tax

Tax Year: 2023

Tax Amount: $625,928
Initial Tax Delinquent Year: 2023
Tax Rate Code Area: 3600

Appraisal Valuation

Standard Deviation: 0.4648

Valuation Date: Dec 20, 2023
Confidence Score: 7
Final Value: 413,801
High Value: 606,136
Low Value: 221,465

Market Valuation

Market Total Value: $335,317

Market Land Value: $189,000
Market Improvement Value: $524,317

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $335,317
Assessed Land Value: $189,000
Assessed Improvements Value: $146,317

Sales

Current Sale Contract Date: Jun 08, 2023

Current Sale Recording Date: Jun 14, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3496548
Previous Sale Recording Date: Oct 14, 2004
Previous Sale Contract Date: Oct 14, 2004
Previous Sale Amount: $140,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Gainesville

Stats & Trends

Median Asking:

$267,200

Sale Price/ft²

$194

Below Asking

0.03%

Average Days on Market

Average Home Size

1407 ft²

Average Home Age

45.1 years

Currently For Sale

470 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1410 Nw 7th Road, GAINESVILLE, FL, 32603

$2,200 /mo

4 Beds
3 Baths
1,853 ft²

1410 Nw 7th Road, GAINESVILLE, FL, 32603 Listing by Martha McCullough

Unit for rent at 77 Se 16th Avenue, GAINESVILLE, FL, 32601

$1,295 /mo

2 Beds
2 Baths
874 ft²

77 Se 16th Avenue #B201, GAINESVILLE, FL, 32601 Listing by Alaina Cash

Unit for rent at 83 Se 16th Avenue, GAINESVILLE, FL, 32601

$1,250 /mo

2 Beds
2 Baths
874 ft²

83 Se 16th Avenue #E303, GAINESVILLE, FL, 32601 Listing by Alaina Cash

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kristi Crane
UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC502997

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

120 SE 7th STREET

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Gainesville

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions