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1441 Southwest 85th Terrace

1441 Southwest 85th Terrace, Gainesville, FL 32607
Property in Gainesville
Sold Jul 20, 2015
$438,000
$277,000 by Discover Home Loans Inc
Mortgage Due Aug 01, 2045
Sold Mar 31, 2014
$100
Buyer
Local assessors in Gainesville, FL have categorized 1441 Southwest 85th Terrace as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 11,761 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, 5 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1441 Southwest 85th Terrace has a total of 3,133 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 528 sqft. There are 2 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 excellent. 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 - A. The building has a gable or hip style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of decorative/custom materials. 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, 1441 Southwest 85th Terrace sold most recently in Jul 17, 2015 for a total of $438,000. If you work out the math, that's approximately a cost of $119.64 per sqft. Before that, the property was also sold for $100 in Mar 31, 2014. 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 $9,557 in taxes each year. 1441 Southwest 85th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $470,519. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: A
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 3,661
  • Gross Building Area: 3,661
  • Building Area: 3,133
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,133
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COBBLEFIELD UNIT 5
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COBBLEFIELD UNIT 5 PB 24 PG 29 LOT 203 OR 4365/2210

Ownership

  • Current Owner : XIAO RUI
  • Current Owner 2: LIU HAIYAN
  • Previous Owner : YOUN KIM DO YOUNG
  • Previous Owner 2: YOUN KIM SO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 002207

Zoning

  • Zoning: PD

Geography

  • Parcel: 06672-500-203
  • Lot: 203
  • Meridian: SEC 08 TWN 10S RNG 19E
  • Municipality: ST. JOHNS
  • Latitude: 29.6393
  • Longitude: -82.4337

    Address

  • Full Address: 1441 Sw 85th Ter
  • Address - House Number: 1441
  • Street Direction: SW
  • Address - Street Name: 85th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Gainesville
  • Carrier Code: R051
  • 4-Digit Zip Code: 4983
  • Zip Code: 32607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,557
  • Tax Rate Code Area: 0400

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 704,250
  • High Value: 840,791
  • Low Value: 567,710

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $552,000
  • First Open Lien Mortgage Lender: DISCOVER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 20, 2015
  • First Open Lien Mortgage Loan Amount: $277,000
  • 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: Aug 01, 2045
  • Second Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • Second Open Lien Mortgage Recording Date: Feb 15, 2021
  • Second Open Lien Mortgage Loan Amount: $275,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $569,713
  • Market Land Value: $85,000
  • Market Improvement Value: $654,713

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,519

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2015
  • Current Sale Recording Date: Jul 20, 2015
  • Current Sale Transaction ID: 1254973703
  • Current Sale Price: $438,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2938890
  • Previous Sale Recording Date: Mar 31, 2014
  • Previous Sale Contract Date: Mar 31, 2014
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DISCOVER HOME LOANS INC
  • First Mortgage Transaction Date: Jul 20, 2015
  • First Mortgage Loan Amount: $277,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 1441 Southwest 85th Terrace located in?
The 1441 Southwest 85th Terrace is a located in the neighborhood of Gainesville in Alachua, Gainesville.
What is the average sales price for listings in 1441 Southwest 85th Terrace?
The average sales price for units in 1441 Southwest 85th Terrace is $0 currently.

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