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3507 Southwest 1st Way

3507 Southwest 1st Way, Gainesville, FL 32601
Property in Gainesville
Sold Apr 14, 2021
Transfer
$200,520 by Freedom Mortgage Corp
Mortgage Due Aug 01, 2048
Sold Apr 25, 2018
$210,000
$206,196 by Bank Of America Na
Mortgage Due May 01, 2048
3507 Southwest 1st Way 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. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 3507 Southwest 1st Way has 1,734 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 40,075 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 441 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 stucco. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $210,000 in Apr 20, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,566 in taxes each year. 3507 Southwest 1st Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $193,510. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 2,015
  • Gross Building Area: 2,175
  • Building Area: 1,734
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,734
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLCLOUGH HILL 1ST ADDN-CLINCH GRT
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: D L CLINCH GRT COLCLOUGH HILL 1 OR 35/156 LOT 7 OR 4592/2114 & OR 4809/0491 & OR 4879/1415

Ownership

  • Current Owner : WILSON SCOTT
  • Previous Owner : WILSON SCOTT
  • Previous Owner 2: NAKAMURA MAIKO
  • Owner Before Previous Owner: BURKE KATHERYN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 000808

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: QTR SEC 4451
  • Parcel: 15700-007-000
  • Lot: 7
  • Meridian: TWN 10S RNG 20E
  • Municipality: GAINESVILLE
  • Latitude: 29.6202
  • Longitude: -82.3304

    Address

  • Full Address: 3507 Sw 1st Way
  • Address - House Number: 3507
  • Street Direction: SW
  • Address - Street Name: 1st
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Gainesville
  • Carrier Code: C034
  • 4-Digit Zip Code: 9025
  • Zip Code: 32601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,566
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 72
  • Final Value: 351,060
  • High Value: 422,926
  • Low Value: 279,195

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,520
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 14, 2021
  • First Open Lien Mortgage Loan Amount: $200,520
  • First Open Lien Mortgage Term: 327
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $297,766
  • Market Land Value: $85,000
  • Market Improvement Value: $382,766

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,510

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11833054142
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 3330543
  • Previous Sale Recording Date: Apr 25, 2018
  • Previous Sale Contract Date: Apr 20, 2018
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 14, 2021
  • First Mortgage Loan Amount: $200,520
  • First Mortgage Terms: 327
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Apr 25, 2018
  • Previous Mortgage Loan Amount: $206,196
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2048

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Frequently Asked Questions

What neighborhood is 3507 Southwest 1st Way located in?
The 3507 Southwest 1st Way is a located in the neighborhood of Gainesville in Gainesville, Gainesville.
What is the average sales price for listings in 3507 Southwest 1st Way?
The average sales price for units in 3507 Southwest 1st Way is $0 currently.

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