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7418 Southwest 88th Street

7418 Southwest 88th Street, Gainesville, FL 32608
Property in Newberry-Archer
Sold Jun 02, 2021
$315,000
$236,250 by United Wholesale Mortgage
Mortgage Due Jun 01, 2051
Sold Aug 24, 2009
$212,000
$169,600 by Bank Of America Na
Mortgage Due Sep 01, 2039
7418 Southwest 88th Street in Gainesville, FL was first built in 2009 and is 15 years old. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7418 Southwest 88th Street has 1,683 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 5,663 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. For those who need parking, there is a attached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of unknown. While the interior walls are made of decorative/custom materials. 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 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. According to our sources, 7418 Southwest 88th Street sold most recently in May 28, 2021 for a total of $315,000. If you work out the math, that's approximately a cost of $149.79 per sqft. Before that, the property was also sold for $212,000 in Aug 21, 2009. 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 $6,783 in taxes each year. 7418 Southwest 88th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $310,191. If we break it down further, the land itself was valued at $68,000. Improvements to the property, however, were assessed at a total of $242,191. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Driveway

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

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Interior Walls Type: Decorative/custom materials
  • 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: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,103
  • Gross Building Area: 2,296
  • Building Area: 1,683
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,683
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOW OAK PLANTATION
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLOW OAK PLANTATION PB 27 PG 44 LOT 51 OR 4896/330

Ownership

  • Current Owner : WANG ZHAOCHUAN
  • Current Owner 2: WANG XI
  • Previous Owner : CHEN MIN
  • Owner Before Previous Owner: WILLOWOAK DEVELOPMENT LLC

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 002209

Zoning

  • Zoning: R-1B

Geography

  • Parcel: 07098-001-051
  • Lot: 51
  • Meridian: SEC 32 TWN 10S RNG 19E
  • Municipality: ST. JOHNS
  • Latitude: 29.5853
  • Longitude: -82.4368

    Address

  • Full Address: 7418 Sw 88th St
  • Address - House Number: 7418
  • Street Direction: SW
  • Address - Street Name: 88th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Gainesville
  • Carrier Code: R070
  • 4-Digit Zip Code: 8792
  • Zip Code: 32608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,783
  • Tax Rate Code Area: 0400

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 73
  • Final Value: 409,199
  • High Value: 490,777
  • Low Value: 327,620

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,250
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $236,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $310,191
  • Market Land Value: $68,000
  • Market Improvement Value: $378,191

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,191
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $242,191

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11838298670
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3342026
  • Previous Sale Recording Date: Aug 24, 2009
  • Previous Sale Contract Date: Aug 21, 2009
  • Previous Sale Amount: $212,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $236,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 24, 2009
  • Previous Mortgage Loan Amount: $169,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2039

About Alachua



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Frequently Asked Questions

What neighborhood is 7418 Southwest 88th Street located in?
The 7418 Southwest 88th Street is a located in the neighborhood of Newberry-Archer in Alachua, Gainesville.
What is the average sales price for listings in 7418 Southwest 88th Street?
The average sales price for units in 7418 Southwest 88th Street is $0 currently.

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