by RH Advisors

See Home Value
Alachua 32605
1741 NW 55th TERRACE
$300,000
House - Off Market

1741 NW 55th TERRACE

GAINESVILLE, FL 32605
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1403 Sqft
$1,735
Estimated Monthly
7.11%
Cap Rate

About This Property

$5000 seller credit with acceptable offer! This stunning property has been completely remodeled with no expenses spared and is ready for you to move in. You'll love the all-new roof, new AC with gas furnace, all-new plumbing throughout, complete electric rewire and new 200 amp panel, and a new electric water heater. The kitchen is a chef's delight, with Samsung Bespoke Smart Appliances, butcher block countertops, soft-close gorgeous cabinets, a spacious walk-in pantry, and a large sit-in island overlooking the living room. The luxury waterproof vinyl floors throughout the house are not only beautiful but also easy to maintain. Both bathrooms have a modern look with large-format tiles and spacious vanities with luxurious gold faucets and light fixtures. The bedrooms are bright and spacious with partial walk-in closets. The house also features lots of storage space & closets, so you'll never run out of room. The house sits on a large lot with a huge backyard, perfect for entertaining or relaxing. Enjoy the privacy of the new fence all around the property, and the convenience of the roundabout driveway and large shed for storage. The neighborhood is one of the best in NW Gainesville, with highly desirable schools and a friendly community just minutes away from North Florida Hospital and the Oaks Mall. Don't miss this opportunity to own this amazing home!
Unit Size
1,403Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$214
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1962
Last updated: 29 days ago (Stellar MLS #GC518987)

Price History

Date / Event Date Event Price
May 25, 2024 No longer available -
No longer available
May 13, 2024 Price Decreased $300,000
↓ $10K (3.2%)
Price Decreased
May 9, 2024 Price Decreased $310,000
↓ $10K (3.1%)
Price Decreased
May 3, 2024 Price Decreased $320,000
↓ $5K (1.5%)
Price Decreased
Apr 26, 2024 Price Decreased $325,000
↓ $5K (1.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,106
  • Gross Building Area: 1,106
  • Building Area: 1,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,106
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST PARK ADDN 1
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEST PARK ADDN 1 OR 93/354 LOT 42 OR 5097/588

Ownership

  • Current Owner : BELBAR INVESTMENTS LLC
  • Previous Owner : 1741 NW 55TH TERRACE LAND TRUST
  • Owner Before Previous Owner: FRANKS ROBERT ERNEST
  • Owner Before Previous Owner 2: FRANKS KATHERINE RANDOLPH
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 06352-042-000
  • Lot: 42
  • Meridian: SEC 34 TWN 09S RNG 19E
  • Municipality: ST. JOHNS
  • Latitude: 29.6691
  • Longitude: -82.4021

    Address

  • Full Address: 1741 Nw 55th Ter
  • Address - House Number: 1741
  • Street Direction: NW
  • Address - Street Name: 55th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Gainesville
  • Carrier Code: C047
  • 4-Digit Zip Code: 3342
  • Zip Code: 32605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,137
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 0400

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 221,397
  • High Value: 270,952
  • Low Value: 171,841

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,400
  • First Open Lien Mortgage Lender: VONTIVE INC
  • First Open Lien Mortgage Recording Date: Jun 09, 2023
  • First Open Lien Mortgage Loan Amount: $166,400
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2024

    Market Valuation

  • Market Total Value: $138,418
  • Market Land Value: $65,000
  • Market Improvement Value: $203,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,418
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $73,418

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Transaction ID: 11908214790
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3495325
  • Previous Sale Recording Date: Dec 14, 2021
  • Previous Sale Contract Date: Dec 06, 2021
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VONTIVE INC
  • First Mortgage Transaction Date: Jun 09, 2023
  • First Mortgage Loan Amount: $166,400
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: FRANKS ROBERT
  • Previous Mortgage Transaction Date: Dec 14, 2021
  • Previous Mortgage Loan Amount: $121,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 06, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,467 ft²
$224/ft²
$329,000 Aug 1, 2023
$329,000 Sep 6, 2023
$377/mo
House
3 Beds
3 Baths
1,718 ft²
$206/ft²
$354,000 Nov 20, 2023
$354,000 Dec 15, 2023
$482/mo
House
3 Beds
2 Baths
1,664 ft²
$216/ft²
$360,000 Jul 14, 2023
$360,000 Aug 23, 2023
$321/mo
House
4 Beds
2 Baths
1,693 ft²
$183/ft²
$309,000 Dec 18, 2023
$309,000 Jan 19, 2024
$92/mo
House
4 Beds
3 Baths
2,357 ft²
$127/ft²
$300,000 Jun 7, 2023
$300,000 Nov 8, 2023
$235/mo
House
3 Beds
2 Baths
1,308 ft²
$222/ft²
$290,000 Dec 12, 2023
-
$55/mo
House
3 Beds
2 Baths
1,724 ft²
$227/ft²
$392,000 Jan 16, 2024
-
$836/mo
House
4 Beds
3 Baths
2,016 ft²
$191/ft²
$385,000 Oct 6, 2023
-
$406/mo
House
4 Beds
2 Baths
2,022 ft²
$187/ft²
$379,000 Sep 7, 2023
-
$220/mo

About Alachua


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Frequently Asked Questions

When was property at 1741 Northwest 55th Terrace built and last sold?
The property at 1741 Northwest 55th Terrace was built in 1962 and last sold on May 24, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 1741 Northwest 55th Terrace is $341,461.
What are some comparable homes to 1741 Northwest 55th Terrace?
Homes that are comparable to 1741 Northwest 55th Terrace include a house property at 5309 Northwest 25th Place, 1604 Northwest 51st Terrace, 2410 Northwest 54th Terrace.

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