When was property at 668 Northeast 16th Terrace built and last sold?

The property at 668 Northeast 16th Terrace was built in 1948 and last sold on Feb 16, 2022 for $135,000.

How much is this home worth?

The estimated value of the home located at 668 Northeast 16th Terrace is $104,917.

What are some comparable homes to 668 Northeast 16th Terrace?

There are currently no comparable homes to 668 Northeast 16th Terrace.

Gainesville

32641

Duval - Eagle Eyes Crime Watch

668 NE 16TH TERRACE

$70,000

● House - Off Market

668 NE 16TH TERRACE

GAINESVILLE, FL 32641

4 Beds

1 Bath, 1 Half Bath

2,640 Ft²

$768

Est. Monthly

About This Property

Unique investor opportunity. This is your chance to purchase two lots combined totaling 0.32 acres. The first lot is vacant land, ready for your vision to come to life. The second lot contains a shell, totaling over 2,600 square feet. Building is in need of complete renovation. The owner believes the most ideal use would be to convert to an upstairs/downstairs duplex; it is recommended you discuss the options with the City of Gainesville. This is your chance to invest in the Gainesville market at an incredible price. Just off NE Waldo Road, you're about 1.5 miles to downtown Gainesville, Tom Petty Park and close to NE 8th Avenue. Cash only. Lots being sold together (10989-000-000 & 10988-000-000). Buyer to verify zoning and use.

Unit Size

2,640 Ft²

Days on Market

43 days

Land Size

0.16 acres

Price per sqft

$34

Property Type

House

Property Taxes

$330

HOA Dues

Year Built

1948

Payment Calculator

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Last updated: 8 months ago (Stellar MLS #TB8467271)

Price History

Date / Event	Date	Event
Mar 6, 2026	Sold	Premium
Sold
Feb 5, 2026	In contract	-
In contract
Jan 22, 2026	Listed by PREMIER SOTHEBYS INTL REALTY	$89,000
Listed by PREMIER SOTHEBYS INTL REALTY
Mar 18, 2025	Price Decreased	$119,900 ↓ $5K (4%)
Price Decreased
Feb 22, 2025	Relisted	$124,900
Relisted
Feb 14, 2025	In contract	-
In contract
Jan 8, 2025	Price Decreased	$124,900 ↓ $10K (7.4%)
Price Decreased
Dec 16, 2024	Listed	$134,900
Listed

	(Price improved to 119,900 3/17/25) Investor opportunity. Over 2,600 square foot "shell" to work with. Needs a complete renovation. This is likely ideal for an experience investor with a renovation crew in place & or a very experienced owner occupant looking to gain some equity. The current owner thinks the most ideal use would be to convert to an upstairs/downstairs duplex. It is recommended you discuss the options with the City of Gainesville. Though the property is zoned residential, the owner was given feedback that they would likely approve a few multi family options. If you do your homework on the area, you will observe several new construction homes as investors & owner occupants are investing in this community within Gainesville. Reach out to listing agent or your current Realtor for additional info. Seller willing to engage with reasonable offers.
Feb 22, 2022	Sold	Premium
Sold
Jul 22, 2014	Sold	Premium
Sold
May 24, 2010	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 1948

Effective Year Built: 1968
Building Count: 1
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 4
Building Quality: 14
Construction Type: 0
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 15
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 2
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 5
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,970

Total Building Area: 2,560
Gross Building Area: 2,560
Building Area: 2,560
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 19
Heated Square Feet: 2,560
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: NEW GV ROSEMARY S/D REPLAT LOTS 14-16
Land Acres: 0000000160
Standard Land Use Code: 1001
County Land Use Code: 00100
State Land Use Code: 001
Legal Description 1: ROSEMARY PARK PB C-95 LOT 7 BK C OR 4979/1928

Neighborhood

School District Name: Alachua County School District

Census Tract: 000600

Zoning

Zoning: RC

Geography

Assessors Map Reference: QTR SEC 3954

Parcel: 10989-000-000
Lot: 7
Meridian: SEC 03 TWN 10S RNG 20E
Municipality: GAINESVILLE
Latitude: 29.6587
Longitude: -82.3041

Address

Full Address: 668 Ne 16th Ter

Address - House Number: 668
Street Direction: NE
Address - Street Name: 16th
Address - Suffix Type: Ter
State: FL
City Name: Gainesville
Carrier Code: C038
4-Digit Zip Code: 5703
Zip Code: 32641

Valuation

Tax

Tax Year: 2023

Tax Amount: $313,179
Tax Rate Code Area: 3600

Appraisal Valuation

Standard Deviation: 0.2233

Valuation Date: Dec 20, 2023
Confidence Score: 69
Final Value: 161,901
High Value: 198,058
Low Value: 125,745

Market Valuation

Market Total Value: $129,624

Market Land Value: $13,000
Market Improvement Value: $142,624

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $129,624
Assessed Land Value: $13,000
Assessed Improvements Value: $116,624

Sales

Current Sale Contract Date: Feb 16, 2022

Current Sale Recording Date: Feb 22, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3400385
Previous Sale Recording Date: Jul 22, 2014
Previous Sale Contract Date: Jul 11, 2014
Previous Sale Amount: $16,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Duval - Eagle Eyes Crime Watch

Stats & Trends

Median Asking:

$205,000

Sale Price/ft²

$155

Below Asking

0.04%

Average Days on Market

138

Average Home Size

1246 ft²

Average Home Age

52.3 years

Currently For Sale

15 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 206 Se 21st Terrace, GAINESVILLE, FL, 32641

$1,395 /mo

2 Beds
2 Baths
825 ft²

206 Se 21st Terrace #3, GAINESVILLE, FL, 32641 Listing by Audriana McDougald

Unit for rent at 211 Se 21st Terrace, GAINESVILLE, FL, 32641

$1,395 /mo

2 Beds
2 Baths
825 ft²

211 Se 21st Terrace #2, GAINESVILLE, FL, 32641 Listing by Audriana McDougald

Unit for rent at 207 Se 21st Terrace, GAINESVILLE, FL, 32641

$1,695 /mo

3 Beds
2 Baths
1,107 ft²

207 Se 21st Terrace #4, GAINESVILLE, FL, 32641 Listing by Audriana McDougald

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Alee Douglass
PREMIER SOTHEBYS INTL REALTY
Last Updated: 8 months ago
Data Source: Stellar MLS, MLS# TB8467271

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

668 NE 16TH TERRACE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Duval - Eagle Eyes Crime Watch

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions