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2211 Southwest 70th Terrace

2211 Southwest 70th Terrace, Gainesville, FL 32607
Property in Gainesville
Sold Oct 07, 2022
$130,000
$127,645 by Pennymac Loan Services Llc
Mortgage Due Nov 01, 2052
Sold Jul 06, 2017
$53,900
$51,205 by Paramount Residential Mortgage
Mortgage Due Jul 01, 2047
2211 Southwest 70th Terrace in Gainesville, FL was first built in 1983 and is 41 years old. Although, the building on the property was most recently renovated and altered in 2008. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2211 Southwest 70th Terrace has 868 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,485 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of asphalt. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. 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, 2211 Southwest 70th Terrace sold most recently in Oct 5, 2022 for a total of $130,000. If you work out the math, that's approximately a cost of $149.77 per sqft. Before that, the property was also sold for $53,900 in Jun 20, 2017. 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 $1,818 in taxes each year. 2211 Southwest 70th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $106,397. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $91,397. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Block Exterior
Stucco Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • 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: Tile
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 868
  • Gross Building Area: 964
  • Building Area: 868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 868
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWER OAKS MANOR
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWER OAKS MANOR PB L-58 LOT 57 OR 5043/0655

Ownership

  • Current Owner : BURGOS CHRISTOPHER J
  • Previous Owner : AMBO JEREMY
  • Owner Before Previous Owner: HENDERSON JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 002218

Zoning

  • Zoning: PD

Geography

  • Parcel: 06678-020-057
  • Lot: 57
  • Meridian: SEC 09 TWN 10S RNG 19E
  • Municipality: ST. JOHNS
  • Latitude: 29.6323
  • Longitude: -82.4176

    Address

  • Full Address: 2211 Sw 70th Ter
  • Address - House Number: 2211
  • Street Direction: SW
  • Address - Street Name: 70th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Gainesville
  • Carrier Code: R007
  • 4-Digit Zip Code: 3774
  • Zip Code: 32607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,818
  • Tax Rate Code Area: 0400

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 134,884
  • High Value: 165,188
  • Low Value: 104,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,645
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Oct 07, 2022
  • First Open Lien Mortgage Loan Amount: $127,645
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $106,397
  • Market Land Value: $15,000
  • Market Improvement Value: $121,397

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,397
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $91,397

    Sales

  • Current Sale Contract Date: Oct 05, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Transaction ID: 11897709636
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3449855
  • Previous Sale Recording Date: Jul 06, 2017
  • Previous Sale Contract Date: Jun 20, 2017
  • Previous Sale Amount: $53,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Oct 07, 2022
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Jul 06, 2017
  • Previous Mortgage Loan Amount: $51,205
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 2211 Southwest 70th Terrace located in?
The 2211 Southwest 70th Terrace is a located in the neighborhood of Gainesville in Alachua, Gainesville.
What is the average sales price for listings in 2211 Southwest 70th Terrace?
The average sales price for units in 2211 Southwest 70th Terrace is $0 currently.

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