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2498 Forest Way

2498 Forest Way, Gainesville, FL 32605
Condo in Gainesville
2498 Forest Way is a condo located in Gainesville, Gainesville. The building was first built in 1975 and is 49 years old. In total, 2498 Forest Way has a total floor area of 1,200 square feet. 2498 Forest Way has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 40 days Meaning, listings tend to sell at a median of $116 price per square foot. The transaction that took the longest to complete was listed on Dec 22, 2020 for $139,000. This particular unit ultimately sold 40 days later for $139,000. The most recent transaction which was first advertised on Dec 22, 2020, sold for $139,000 on Feb 01, 2021. Fun fact, the oldest transaction we have on record took place on Feb 01, 2021. See the full transaction history for 2498 Forest Way below.

Gainesville, where 2498 Forest Way is located, has a median asking price of $182,000 for condo buildings. Meanwhile, the building itself has a median asking price of $139,000. For interested buyers, that means the building's median asking price is around 0.24% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Open Parking
Parking Lot
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201222
12/22/2020
2 Bed
2 Bath
1200 ft²
$139,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
$139,000
02/01/2021
Martha McCullough

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,200
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST OF THE UNICORN THE LAKES
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE LAKES PB I-7-8-9 TRACT 1 LOT 29 BK D OR 4855/0804

Ownership

  • Current Owner : HILLIARD MATTHEW D
  • Current Owner 2: OWEN KAREN MCKINLEY
  • Previous Owner : COLLISON ALICE S
  • Previous Owner 2: COLLISON CHELSEA M
  • Owner Before Previous Owner: LIM LAY PENG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: QTR SEC 3447
  • Subdivision Tract Number: 1
  • Parcel: 06076-053-029
  • Lot: 29
  • Meridian: SEC 24 TWN 09S RNG 19E
  • Municipality: GAINESVILLE
  • Latitude: 29.6944
  • Longitude: -82.3584

    Address

  • Full Address: 2498 Forest Way
  • Address - House Number: 2498
  • Address - Street Name: Forest
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Gainesville
  • Carrier Code: C075
  • 4-Digit Zip Code: 1668
  • Zip Code: 32605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,989
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.2128
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 205,059
  • High Value: 248,696
  • Low Value: 161,422

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: FLORIDA CU
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: FLORIDA CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 10, 2023
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $130,028
  • Market Land Value: $57,000
  • Market Improvement Value: $187,028

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,413

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Transaction ID: 11817504802
  • Current Sale Price: $139,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3314082
  • Previous Sale Recording Date: Jul 03, 2007
  • Previous Sale Contract Date: Jun 29, 2007
  • Previous Sale Amount: $134,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLORIDA CU
  • First Mortgage Transaction Date: Feb 01, 2021
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Gainesville



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Frequently Asked Questions

What neighborhood is 2498 Forest Way located in?
The 2498 Forest Way is a condo located in the neighborhood of Gainesville in Gainesville, Gainesville.
What is the average sales price for listings in 2498 Forest Way?
The average sales price for units in 2498 Forest Way is $139,000 , or $116/sqft. currently.

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