by Global Lifestyle Properties

See Home Value
$304,000
● House - Off Market

714 NE 7TH TERRACE

GAINESVILLE, FL 32601
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,082 Ft²
$1,952
Est. Monthly
5.96%
Cap Rate

About This Property

Charming, updated home in the Duckpond area was extensively renovated in 2023. A large island compliments wood cabinets in the open plan space, with quartz counters and stainless-steel appliances in the kitchen, updated bathroom, and new tile throughout the main living spaces and bath. Original parquet floors in the bedrooms have been refinished. The oversized lot sits on a cul-de-sac with a quiet, private patio overlooking the backyard and mature trees. Additional updates include the HVAC, tankless gas water heater, lights, ceiling fans, electrical and plumbing. Garage with built-in shelving is connected by a covered patio breezeway.
Unit Size
1,082 Ft²
Days on Market
69 days
Land Size
0.34 acres
Price per sqft
$299
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1950

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #GC529626)

Price History

Date / Event Date Event Price
Jun 12, 2025 Sold
Sold
May 24, 2025 In contract -
In contract
May 15, 2025 Price Decreased $324,000
↓ $21K (6.1%)
Price Decreased
Apr 30, 2025 Price Decreased $345,000
↓ $5K (1.4%)
Price Decreased
Apr 4, 2025 Listed by WATSON REALTY CORP $350,000
Listed by WATSON REALTY CORP
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Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 10
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,002
  • Gross Building Area: 1,002
  • Building Area: 1,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,002
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE TERRACE
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: PINE TERRACE PB D-73 LOT 6 OR 5129/1392

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 000500

Zoning

  • Zoning: RSF2

Geography

  • Parcel: 12545-000-000
  • Lot: 6
  • Municipality: GAINESVILLE
  • Latitude: 29.6586
  • Longitude: -82.3166

    Address

  • Full Address: 714 Ne 7th Ter
  • Address - House Number: 714
  • Street Direction: NE
  • Address - Street Name: 7th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Gainesville
  • Carrier Code: C013
  • 4-Digit Zip Code: 5535
  • Zip Code: 32601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,121
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 235,281
  • High Value: 280,898
  • Low Value: 189,665

    Market Valuation

  • Market Total Value: $178,114
  • Market Land Value: $95,000
  • Market Improvement Value: $273,114

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,114
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $83,114

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3521939
  • Previous Sale Recording Date: Mar 20, 2023
  • Previous Sale Contract Date: Mar 13, 2023
  • Previous Sale Amount: $205,700
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Duckpond


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1410 Nw 7th Road, GAINESVILLE, FL, 32603

$2,200 /mo

  • 4 Beds
  • 3 Baths
  • 1,853 ft²
1410 Nw 7th Road, GAINESVILLE, FL, 32603 Listing by Martha McCullough
Unit for rent at 727 Nw 4th Avenue, GAINESVILLE, FL, 32601

$1,975 /mo

  • 3 Beds
  • 2 Baths
  • 1,291 ft²
727 Nw 4th Avenue, GAINESVILLE, FL, 32601 Listing by Connor Williams
Unit for rent at 433 Se 7th Street, GAINESVILLE, FL, 32601

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,340 ft²
433 Se 7th Street, GAINESVILLE, FL, 32601 Listing by Connor Williams


Frequently Asked Questions

When was property at 714 Northeast 7th Terrace built and last sold?
The property at 714 Northeast 7th Terrace was built in 1950 and last sold on Oct 25, 2023 for $344,000.
How much is this home worth?
The estimated value of the home located at 714 Northeast 7th Terrace is $0.
What are some comparable homes to 714 Northeast 7th Terrace?
There are currently no comparable homes to 714 Northeast 7th Terrace.