Check Availability

1403 Northwest 120th Terrace

1403 Northwest 120th Terrace, Gainesville, FL 32606
Property in Gainesville
Sold Sep 05, 2019
$340,000
$175,000 by Renasant Bank
Mortgage Due Oct 01, 2049
Sold Aug 28, 2006
$63,000
Local assessors in Gainesville, FL have categorized 1403 Northwest 120th Terrace as a residential type of property. The home was built in 2006 and is 18 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 10,890 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1403 Northwest 120th Terrace has a total of 2,570 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 594 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable or hip style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of decorative/custom materials. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1403 Northwest 120th Terrace sold most recently in Sep 5, 2019 for a total of $340,000. If you work out the math, that's approximately a cost of $107.46 per sqft. Before that, the property was also sold for $63,000 in Aug 24, 2006. 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 $6,418 in taxes each year. 1403 Northwest 120th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $317,380. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2006
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 594
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 3,164
  • Gross Building Area: 3,164
  • Building Area: 2,570
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,570
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH POINTE PHASE 1 UNIT 4
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH POINTE PHASE 1 UNIT 4 PB 25 PG 78 LOT 124 OR 4715/0182

Ownership

  • Current Owner : PETRIE SAMUEL
  • Current Owner 2: REICHENBACH PETRIE MARCIE
  • Previous Owner : HOFFMAN HEIDI GAYE
  • Owner Before Previous Owner: LARRY ROSS PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 002204

Zoning

  • Zoning: PD

Geography

  • Parcel: 04321-204-124
  • Lot: 124
  • Meridian: SEC 36 TWN 09S RNG 18E
  • Municipality: SUWANNEE
  • Latitude: 29.666
  • Longitude: -82.4697

    Address

  • Full Address: 1403 Nw 120th Ter
  • Address - House Number: 1403
  • Street Direction: NW
  • Address - Street Name: 120th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Gainesville
  • Carrier Code: R022
  • 4-Digit Zip Code: 0456
  • Zip Code: 32606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,418
  • Tax Rate Code Area: 0500

    Appraisal Valuation

  • Standard Deviation: 0.1918
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 535,755
  • High Value: 638,561
  • Low Value: 432,948

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Sep 05, 2019
  • First Open Lien Mortgage Loan Amount: $175,000
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $416,080
  • Market Land Value: $65,000
  • Market Improvement Value: $481,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,380

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 05, 2019
  • Current Sale Recording Date: Sep 05, 2019
  • Current Sale Transaction ID: 11646084277
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3213418
  • Previous Sale Recording Date: Aug 28, 2006
  • Previous Sale Contract Date: Aug 24, 2006
  • Previous Sale Amount: $63,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Sep 05, 2019
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Alachua



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1125 Nw 120th Way, GAINESVILLE, FL, 32606

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,515 ft²
1125 Nw 120th Way, GAINESVILLE, FL, 32606 Listing by Rana Schafer
Unit for rent at 13805 Nw 9th Road, NEWBERRY, FL, 32669

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,785 ft²
13805 Nw 9th Road, NEWBERRY, FL, 32669 Listing by Scott Arvin
Unit for rent at 12546 Nw 7th Place, NEWBERRY, FL, 32669

$2,170 /mo

  • 3 Beds
  • 2 Baths
  • 1,635 ft²
12546 Nw 7th Place, NEWBERRY, FL, 32669 Listing by Audriana McDougald
Unit for rent at 698 Nw 126th Terrace, NEWBERRY, FL, 32669

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,657 ft²
698 Nw 126th Terrace, NEWBERRY, FL, 32669 Listing by Tayler Jones
Unit for rent at 13706 Nw 9th Lane, NEWBERRY, FL, 32669

$2,241 /mo

  • 3 Beds
  • 2 Baths
  • 1,686 ft²
13706 Nw 9th Lane #GLEN12, NEWBERRY, FL, 32669 Listing by AJ Rebhan

Frequently Asked Questions

What neighborhood is 1403 Northwest 120th Terrace located in?
The 1403 Northwest 120th Terrace is a located in the neighborhood of Gainesville in Alachua, Gainesville.
What is the average sales price for listings in 1403 Northwest 120th Terrace?
The average sales price for units in 1403 Northwest 120th Terrace is $0 currently.

Quantcast