by RH Advisors

See Home Value
$275,000
House - Off Market

5111 NW 24th DRIVE

GAINESVILLE, FL 32605
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1590 Sqft
$1,779
Estimated Monthly
6.80%
Cap Rate

About This Property

Welcome to your new home in the sought-after 'The Rainbows' subdivision in Gainesville, FL! This delightful property offers a comfortable and spacious layout with three cozy bedrooms, two bathrooms, and a large primary bedroom closet. Enjoy the sizable living room, perfect for family gatherings or relaxing evenings. The home also features an indoor laundry room, adding convenience to your daily routine. One of the highlights is the screened-in patio, complete with air conditioning, offering a serene spot for year-round enjoyment. The property includes a convenient two-car garage, providing ample space for vehicles and additional storage. While this home is lovingly maintained, it is ready for some updates, presenting a fantastic opportunity for those looking to personalize a home to their tastes. Situated just a stone's throw away from the heart of Gainesville, this home offers easy access to local amenities, shopping, and dining options, making it perfect for anyone from first-time homebuyers to investors looking for a home with potential in a desirable area. Don't miss this chance to live in 'The Rainbows,' a friendly and vibrant community in Gainesville, ready to be transformed into your dream residence.
Unit Size
1,590Ft²
Days on Market
37 days
Land Size
0.17 acres
Price per sqft
$179
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1993
Last updated: 7 hours ago (Stellar MLS #OM670101)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold to Maiduyen Thi Tran $275,000
Sold to Maiduyen Thi Tran
Jan 12, 2024 In contract -
In contract
Jan 4, 2024 Listed by REMAX/PREMIER REALTY $285,000
Listed by REMAX/PREMIER REALTY
Jan 15, 1993 Sold to Janett L Verwey, John Verwey $86,800
Sold to Janett L Verwey, John Verwey
Mar 4, 1992 Sold to Janett L Verwey, John Verwey $100
Sold to Janett L Verwey, John Verwey

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • 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: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,046
  • Gross Building Area: 2,262
  • Building Area: 1,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,590
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAINBOWS 1ST ADDN PHASE I
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAINBOWS FIRST ADDITION PHASE I PB Q-41 & 42 LOT 15 OR 5033/1250

Ownership

  • Current Owner : TRAN MAIDUYEN THI
  • Previous Owner : JOHN VERWEY AND JANETT VERWEY TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 001202

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: QTR SEC 3347
  • Parcel: 06076-040-015
  • Lot: 15
  • Meridian: SEC 24 TWN 09S RNG 19E
  • Municipality: GAINESVILLE
  • Latitude: 29.7011
  • Longitude: -82.3579

    Address

  • Full Address: 5111 Nw 24th Dr
  • Address - House Number: 5111
  • Street Direction: NW
  • Address - Street Name: 24th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Gainesville
  • Carrier Code: C075
  • 4-Digit Zip Code: 6227
  • Zip Code: 32605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,554
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.2055
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 281,718
  • High Value: 307,234
  • Low Value: 256,202

    Market Valuation

  • Market Total Value: $195,034
  • Market Land Value: $50,000
  • Market Improvement Value: $245,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,034
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $145,034

    Sales

  • Current Sale Contract Date: Feb 10, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Transaction ID: 11922043535
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3543149
  • Previous Sale Recording Date: Jan 15, 1993
  • Previous Sale Contract Date: Jan 15, 1993
  • Previous Sale Amount: $86,800
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,611 ft²
$186/ft²
$300,000 Sep 22, 2023
$300,000 Dec 14, 2023
$231/mo
House
3 Beds
2 Baths
1,462 ft²
$233/ft²
$340,000 Jun 8, 2023
$340,000 Aug 15, 2023
$423/mo
House
3 Beds
2 Baths
1,350 ft²
$236/ft²
$318,000 Jul 22, 2023
$318,000 Aug 23, 2023
$122/mo
House
3 Beds
2 Baths
1,196 ft²
$211/ft²
$252,500 Aug 17, 2023
$252,500 Oct 11, 2023
$293/mo
House
3 Beds
2 Baths
1,996 ft²
$130/ft²
$259,900 Oct 2, 2023
$259,900 Nov 21, 2023
$179/mo
House
3 Beds
2 Baths
1,171 ft²
$205/ft²
$240,500 Jun 29, 2023
$240,500 Dec 1, 2023
$238/mo
House
3 Beds
2 Baths
1,548 ft²
$191/ft²
$295,000 Feb 1, 2024
-
$313/mo
House
3 Beds
2 Baths
1,476 ft²
$203/ft²
$299,000 Feb 1, 2024
-
$238/mo
House
3 Beds
2 Baths
1,476 ft²
$175/ft²
$257,900 Jan 5, 2024
-
$330/mo
House
3 Beds
2 Baths
1,338 ft²
$217/ft²
$290,000 Oct 19, 2023
-
$316/mo
House
3 Beds
2 Baths
1,218 ft²
$207/ft²
$252,000 Jan 22, 2024
-
$351/mo
House
3 Beds
2 Baths
1,219 ft²
$242/ft²
$295,000 Sep 18, 2023
-
$291/mo

About Rainbows East


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Frequently Asked Questions

When was property at 5111 Northwest 24th Drive built and last sold?
The property at 5111 Northwest 24th Drive was built in 1993 and last sold on Feb 10, 2024 for $275,000.
How much is this home worth?
The estimated value of the home located at 5111 Northwest 24th Drive is $287,850.
What are some comparable homes to 5111 Northwest 24th Drive?
There are currently no comparable homes to 5111 Northwest 24th Drive.

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