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Sold for $925,000
  • $925,000

    505 NE 5th St, Gainesville, FL 32601

    5beds
    3,994sqft
    Single Family Residence
    Built in 1904
    0.28 Acres Lot
    $899,000 Zestimate®
    $232/sqft
    $6,407 Estimated rent

    Home value

    $899,000

    $809,000 - $998,000

    $6,407/mo

    Zestimate® history
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    What's special

    Large wrap around porchesOriginal windowsColonial revival architectureUpdated bathroomUpdated laundry areaStainless steel appliances
    One of a kind, Historic W.B. Phifer House built in 1903 by William B. Phifer, who was a prominent business and civic leader in Gainesville at the turn of the century. The house is an excellent example of Colonial Revival architecture and features Corinthian porch columns made of solid cypress. This home has been preserved and maintained with its original windows, flooring and other architectural accoutrements. (The historical address is actually 506 NE 5th Ave). This amazing Duckpond Property has 4Br/3Ba 3,634 sqft in the main house with an additional 360 sqft 1Br/1Ba separate apartment. This historic home has two main entrances, one off of 5th Avenue and the other off of 5th Street. As you enter the home from the 5th avenue side you are greeted by large wrap around porches and a grand foyer with a first floor bedroom on the left and a formal study/flex room on the right. The main dining room and living rooms open to the amazing kitchen with stainless steel appliances and plenty of counter space, a large pantry, a full bath and a back entrance that leads to the driveway, garage, outdoor shower and 1br/1ba studio apartment. French doors from the kitchen lead to a newly installed pool and hot tub area (2022) with plenty of decking for sunning or entertaining. The fully fenced back yard includes a separate area that is currently being used for chickens. As you enter the home from the 5th street side you are greeted by another grand foyer with a large staircase to the second floor. Upstairs you will find the primary suite with a large walk around closet, updated bathroom and updated laundry area. There is an extensive open space area that fronts the two additional bedrooms and is perfect as a common play area or entertainment center. There is a screen sleeping porch off one of the bedrooms and you will notice as you walk through the house, the multiple restored historical decorative fireplace surrounds.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ken Cornell 352-281-4000,

    BOSSHARDT REALTY SERVICES LLC 352-371-6100,

    Angela Cornell 352-371-6100,

    BOSSHARDT REALTY SERVICES LLC

    Bought with:

    Michelle Hazen, 3260645

    SAGE REAL ESTATE

    Source: Stellar MLS,MLS#: GC523878MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Second
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Laundry Room, Upper Level
    Features
    • Chair Rail, Crown Molding, High Ceilings, PrimaryBedroom Upstairs, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
    • Flooring: Hardwood
    • Windows: Window Treatments
    • Has fireplace: Yes
    Interior area
    • Total structure area: 5,253
    • Total interior livable area: 3,994 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Other
    • Has private pool: Yes
    • Pool features: Salt Water
    • Spa features: In Ground
    Lot
    • Size: 0.28 Acres
    • Dimensions: 105 x 138
    Details
    • Parcel number: 12260000000
    • Zoning: RSF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1904

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: None
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: HIGHLAND TERRACE
    HOA
    • Has HOA: No
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $232/sqft
    • Tax assessed value: $769,410
    • Annual tax amount: $6,933
    • Date on market: 7/25/2024
    • Cumulative days on market: 133 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 10200
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/27/2024Sold$925,000-5.6%$232/sqft
    Source: Stellar MLS #GC523878 Report a problem
    12/6/2024Pending sale$980,000$245/sqft
    Source: Stellar MLS #GC523878 Report a problem
    10/30/2024Price change$980,000-1.9%$245/sqft
    Source: Stellar MLS #GC523878 Report a problem
    7/25/2024Listed for sale$999,000+130.7%$250/sqft
    Source: Stellar MLS #GC523878 Report a problem
    4/1/2015Sold$433,000+51.9%$108/sqft
    Source: Public Record Report a problem
    2/1/1999Sold$285,000$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,897 +111.2%$736,496 +109.8%
    2024$7,526 +8.5%$351,071 +6%
    2023$6,933 -0.9%$331,161 -3.7%
    2022$6,995 +4.7%$343,922 +6.2%
    2021$6,683 +6%$323,973 +5.1%
    2020$6,303 -12.1%$308,232 -9.1%
    2019$7,173 $339,274 -2.8%
    2018$7,173 +4.8%$348,940 +10.2%
    2017$6,843 +5.2%$316,580 -7.9%
    2016$6,505 -10.4%$343,700 +48.9%
    2015$7,256 +26.9%$230,800 -0.1%
    2014$5,719 -1%$231,100
    2013$5,775 $231,100 -7.5%
    2011-- $249,800 -2.8%
    2010-- $256,900 -4.7%
    2009-- $269,700 -9.2%
    2008-- $297,000 +0.6%
    2007-- $295,300 +3.8%
    2006-- $284,500 +20.7%
    2005-- $235,700 +10.7%
    2004-- $212,900 +37%
    2003-- $155,400 +55.1%
    2000-- $100,200
    Find assessor info on the county website

    Neighborhood: Duckpond

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Charles W.Duval Elementary School
    • Middle: Westwood Middle School-AL
    • High: Gainesville High School-AL

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $899,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $899,000