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1409 Northwest 48th Terrace

1409 Northwest 48th Terrace, Gainesville, FL 32605
Property in Suburban Heights
Sold Nov 29, 2021
$430,000
$344,000 by Towne Mortgage Co
Mortgage Due Dec 01, 2051
Sold Jan 20, 2017
$310,500
1409 Northwest 48th 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 1971 and is 53 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1409 Northwest 48th Terrace has 2,977 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 14,810 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 483 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 average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of concrete block. 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 electricity. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1409 Northwest 48th Terrace was last sold in Nov 24, 2021 for $430,000. According to our calculations, that's $124.28 per sqft. Prior to that sales transaction, the property was sold for $310,500 in Jan 13, 2017. Current property owners are expected to pay $5,044 in taxes per year. The property on 1409 Northwest 48th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $253,408. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 3,460
  • Gross Building Area: 3,460
  • Building Area: 2,977
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,977
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBURBAN HEIGHTS UNIT 8
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBURBAN HEIGHTS NO 8 PB H-34 LOT 13 OR 4954/2031

Ownership

  • Current Owner : BROWN ANDREW SINGER
  • Current Owner 2: MCKERCHER KENSLEY HARMON
  • Previous Owner : MJF INVESTMENTS LLC
  • Owner Before Previous Owner: BRASHER RICHARD A
  • Owner Before Previous Owner 2: BRASHERN SUSAN N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 001702

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: QTR SEC 3843
  • Parcel: 06383-031-013
  • Lot: 13
  • Meridian: SEC 34 TWN 09S RNG 19E
  • Municipality: GAINESVILLE
  • Latitude: 29.6653
  • Longitude: -82.3945

    Address

  • Full Address: 1409 Nw 48th Ter
  • Address - House Number: 1409
  • Street Direction: NW
  • Address - Street Name: 48th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Gainesville
  • Carrier Code: C030
  • 4-Digit Zip Code: 4566
  • Zip Code: 32605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,044
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 502,796
  • High Value: 591,106
  • Low Value: 414,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $344,000
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $344,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $362,304
  • Market Land Value: $90,000
  • Market Improvement Value: $452,304

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,408

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11872667890
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3382417
  • Previous Sale Recording Date: Jan 20, 2017
  • Previous Sale Contract Date: Jan 13, 2017
  • Previous Sale Amount: $310,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE CO
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $344,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 1409 Northwest 48th Terrace located in?
The 1409 Northwest 48th Terrace is a located in the neighborhood of Suburban Heights in Suburban Heights, Gainesville.
What is the average sales price for listings in 1409 Northwest 48th Terrace?
The average sales price for units in 1409 Northwest 48th Terrace is $0 currently.

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