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1232 Northwest 120th Terrace

1232 Northwest 120th Terrace, Gainesville, FL 32606
Property in Gainesville
Sold May 13, 2021
$312,500
$192,500 by American Portfolio Mortgage Co
Mortgage Due Jun 01, 2051
Sold Jun 29, 2016
$218,000
1232 Northwest 120th Terrace has been categorized by the local assessors in Gainesville, FL as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1232 Northwest 120th Terrace has 1,958 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 12, 2021 for $312,500. That's $131.41 per sqft. Prior to that sales transaction, the property was also sold in Jun 28, 2016 for $218,000. 1232 Northwest 120th Terrace was last assessed in 2023. The total value of the property was assessed at $298,026. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,843. The initial tax year of delinquency was in 2020. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Carport
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,378
  • Gross Building Area: 2,378
  • Building Area: 1,958
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,958
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH POINTE PHASE 1 UNIT 2
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH POINTE PH 1 UNIT 2 PB 23 PG 86 LOT 61 OR 4889/0666

Ownership

  • Current Owner : PATEL MANOJKUMAR
  • Current Owner 2: CHAUDHARI DEVILA
  • Previous Owner : TORO ANDRES ELOY KINZBRUNER
  • Previous Owner 2: TORO SARA ELENA
  • Owner Before Previous Owner: UNDERBERGER MINDY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 002204

Zoning

  • Zoning: PD

Geography

  • Parcel: 04321-201-061
  • Lot: 61
  • Meridian: SEC 36 TWN 09S RNG 18E
  • Municipality: SUWANNEE
  • Latitude: 29.6646
  • Longitude: -82.4701

    Address

  • Full Address: 1232 Nw 120th Ter
  • Address - House Number: 1232
  • Street Direction: NW
  • Address - Street Name: 120th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Gainesville
  • Carrier Code: R022
  • 4-Digit Zip Code: 0453
  • Zip Code: 32606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,843
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 0500

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 433,144
  • High Value: 517,122
  • Low Value: 349,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,500
  • First Open Lien Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Loan Amount: $192,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $317,830
  • Market Land Value: $65,000
  • Market Improvement Value: $382,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,026

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Transaction ID: 11836136525
  • Current Sale Price: $312,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3337222
  • Previous Sale Recording Date: Jun 29, 2016
  • Previous Sale Contract Date: Jun 28, 2016
  • Previous Sale Amount: $218,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • First Mortgage Transaction Date: May 13, 2021
  • First Mortgage Loan Amount: $192,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

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Frequently Asked Questions

What neighborhood is 1232 Northwest 120th Terrace located in?
The 1232 Northwest 120th Terrace is a located in the neighborhood of Gainesville in Alachua, Gainesville.
What is the average sales price for listings in 1232 Northwest 120th Terrace?
The average sales price for units in 1232 Northwest 120th Terrace is $0 currently.

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