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125 Northeast 42nd Place

125 Northeast 42nd Place, Gainesville, FL 32609
Property in Gainesville
Sold Dec 09, 2010
$6,100,000
$5,703,500 by Dougherty Mortgage Llc
Mortgage Due Jan 01, 2046
Sold Mar 01, 2005
$64,000
125 Northeast 42nd Place in Gainesville, FL was first built in 1984 and is 40 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. There are a total of 2 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 125 Northeast 42nd Place has 1,800 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 47,916 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. 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 electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 125 Northeast 42nd Place was last sold in Nov 30, 2010 for $6,100,000. According to our calculations, that's $3,388.89 per sqft. Prior to that sales transaction, the property was sold for $64,000 in Mar 1, 2005. Current property owners are expected to pay $2,601 in taxes per year. The property on 125 Northeast 42nd Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $117,041. To break that down further, the land itself was valued at $25,000. While improvements to the property were assessed at a total of $92,041. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,800
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINE FOREST ESTATES #2 REPLAT
  • Land Acres: 1.1
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PINE FOREST ESTATES UNIT 2 REPLAT PB M-20 LOT 20 & 3/136 INT IN COMMON AREA OR 4000/1037

Ownership

  • Current Owner : PINE FOREST HOMES LLC
  • Previous Owner : MCDONALD JAMES W
  • Previous Owner 2: MCDONALD JEANNIE B
  • Owner Before Previous Owner: JONES LINSEY
  • Owner Before Previous Owner 2: JONES SYNESTER P
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 001902

Zoning

  • Zoning: RMF5

Geography

  • Parcel: 07965-004-020
  • Lot: 20,3
  • Meridian: SEC 21 TWN 09S RNG 20E
  • Municipality: GAINESVILLE
  • Latitude: 29.6921
  • Longitude: -82.3226

    Address

  • Full Address: 125 Ne 42nd Pl
  • Address - House Number: 125
  • Street Direction: NE
  • Address - Street Name: 42nd
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Gainesville
  • Carrier Code: C040
  • 4-Digit Zip Code: 1760
  • Zip Code: 32609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,601
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 215,392
  • High Value: 263,479
  • Low Value: 167,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,703,500
  • First Open Lien Mortgage Lender: DOUGHERTY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 09, 2010
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $5,703,500
  • First Open Lien Mortgage Term: 420
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2046

    Market Valuation

  • Market Total Value: $117,041
  • Market Land Value: $25,000
  • Market Improvement Value: $142,041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,041
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $92,041

    Sales

  • Current Sale Contract Date: Nov 30, 2010
  • Current Sale Recording Date: Dec 09, 2010
  • Current Sale Transaction ID: 1028651520
  • Current Sale Price: $6,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2615492
  • Previous Sale Recording Date: Mar 01, 2005
  • Previous Sale Contract Date: Mar 01, 2005
  • Previous Sale Amount: $64,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DOUGHERTY MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 09, 2010
  • First Mortgage Loan Amount: $5,703,500
  • First Mortgage Terms: 420
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

About Gainesville



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Frequently Asked Questions

What neighborhood is 125 Northeast 42nd Place located in?
The 125 Northeast 42nd Place is a located in the neighborhood of Gainesville in Gainesville, Gainesville.
What is the average sales price for listings in 125 Northeast 42nd Place?
The average sales price for units in 125 Northeast 42nd Place is $0 currently.

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