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8876 Southwest 74th Avenue

8876 Southwest 74th Avenue, Gainesville, FL 32608
Property in Newberry-Archer
Sold May 13, 2022
$438,000
$438,000 by First Merchants Bank
Mortgage Due May 01, 2052
Sold Jul 30, 2015
$302,000
$271,800 by Atlantic Coast Bank
Mortgage Due Aug 01, 2045
8876 Southwest 74th Avenue in Gainesville, FL was first built in 2013 and is 11 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, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 8876 Southwest 74th Avenue has 2,233 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 7,405 square feet.

Learn more about the property and building on this page. There is 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 380 sqft. There is one available parking space. The condition of the building has been evaluated as good. The exterior walls of the home are made of rock and stone. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 8876 Southwest 74th Avenue sold most recently in Apr 21, 2022 for a total of $438,000. If you work out the math, that's approximately a cost of $167.62 per sqft. Before that, the property was also sold for $302,000 in Jul 7, 2015. 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 $8,210 in taxes each year. 8876 Southwest 74th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $375,894. 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 $307,894. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Exterior Walls Type: Rock and stone
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,613
  • Gross Building Area: 2,797
  • Building Area: 2,233
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,233
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOW OAK PLANTATION
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLOW OAK PLANTATION PB 27 PG 44 LOT 27 OR 5004/1273

Ownership

  • Current Owner : WAHAB KAMAL
  • Current Owner 2: BADOUR SANAA
  • Previous Owner : JAIN
  • Previous Owner 2: POOJA
  • Owner Before Previous Owner: KIM SUNGHO
  • Owner Before Previous Owner 2: MOON HEEJOO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: R-1B

Geography

  • Parcel: 07098-001-027
  • Lot: 27
  • Meridian: SEC 32 TWN 10S RNG 19E
  • Municipality: ST. JOHNS
  • Latitude: 29.5858
  • Longitude: -82.4375

    Address

  • Full Address: 8876 Sw 74th Ave
  • Address - House Number: 8876
  • Street Direction: SW
  • Address - Street Name: 74th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Gainesville
  • Carrier Code: R070
  • 4-Digit Zip Code: 9816
  • Zip Code: 32608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,210
  • Tax Rate Code Area: 0400

    Appraisal Valuation

  • Standard Deviation: 0.209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 479,913
  • High Value: 580,237
  • Low Value: 379,588

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $438,000
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: May 13, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $438,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $375,894
  • Market Land Value: $68,000
  • Market Improvement Value: $443,894

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,894
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $307,894

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Transaction ID: 11888103002
  • Current Sale Price: $438,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3419104
  • Previous Sale Recording Date: Jul 30, 2015
  • Previous Sale Contract Date: Jul 07, 2015
  • Previous Sale Amount: $302,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK
  • First Mortgage Transaction Date: May 13, 2022
  • First Mortgage Loan Amount: $438,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTIC COAST BANK
  • Previous Mortgage Transaction Date: Jul 30, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $271,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Alachua



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Frequently Asked Questions

What neighborhood is 8876 Southwest 74th Avenue located in?
The 8876 Southwest 74th Avenue is a located in the neighborhood of Newberry-Archer in Alachua, Gainesville.
What is the average sales price for listings in 8876 Southwest 74th Avenue?
The average sales price for units in 8876 Southwest 74th Avenue is $0 currently.

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