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Sold for $113,000
  • $113,000

    704 SW 5TH TERRACE, GAINESVILLE, FL 32601

    3beds
    904sqft
    Single Family Residence
    Built in 1941
    7,841 Square Feet Lot
    $146,300 Zestimate®
    $125/sqft
    $1,674 Estimated rent

    Home value

    $146,300

    $120,000 - $174,000

    $1,674/mo

    Zestimate® history
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    $1,674/mo

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    What's special

    Innovation district
    Calling all investors and handy persons. This 3 Bedroom, 1 bath is in a great location on a corner unit. Just 3 blocks from the University of Florida and Shands Hospitals and conveniently located in the Porter's Community literally just around the corner to Gainesville's vibrant Depot Park, the Innovation District, Downtown Gainesville. Zoned RMF5. In it's hay-day this parcel once housed 3 homes. The home needs lots of work therefore it is not for the faint of heart, however the return on your investment will definitley be worth your time. Call today and schedule your viewing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Davonda Brown 352-317-2807,

    BOSSHARDT REALTY SERVICES LLC 352-371-6100

    Bought with:

    Ryan Saylor, 3039879

    BHHS FLORIDA REALTY

    Source: Stellar MLS,MLS#: GC519123MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    • Laundry: Gas Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • Eating Space In Kitchen
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 916
    • Total interior livable area: 904 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Side Porch
    • Exterior features: Storage
    Lot
    • Size: 7,841 Square Feet
    • Features: Corner Lot, City Lot, Level, Near Public Transit
    Details
    • Additional structures: Shed(s)
    • Parcel number: 13380000000
    • Zoning: RMF5
    • Special conditions: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Crawlspace, Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1941

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: GAINESVILLE PORTERS ADD
    HOA
    • Has HOA: No
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $125/sqft
    • Tax assessed value: $97,458
    • Annual tax amount: $1,392
    • Date on market: 3/13/2024
    • Cumulative days on market: 1 day
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/17/2024Sold$113,000+2.7%$125/sqft
    Source: Stellar MLS #GC519123 Report a problem
    3/15/2024Pending sale$110,000$122/sqft
    Source: Stellar MLS #GC519123 Report a problem
    3/13/2024Listed for sale$110,000$122/sqft
    Source: Stellar MLS #GC519123 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,266 +39.4%$97,458 +94.1%
    2024$1,625 +16.7%$50,220 +10%
    2023$1,393 +6.8%$45,655 +10%
    2022$1,305 +32.7%$41,504 +10%
    2021$983 +5.1%$37,731 +5.9%
    2020$935 +5.9%$35,631 +9.7%
    2019$884 $32,470 +1.8%
    2018$884 +8.9%$31,900
    2017$811 -0.2%$31,900 +14.2%
    2016$813 +8.2%$27,940 +10%
    2015$752 +8.6%$25,400 +1.2%
    2014$692 +0%$25,100
    2013$692 $25,100
    2012-- $25,100 -6.7%
    2011-- $26,900 -2.9%
    2010-- $27,700 -12.1%
    2009-- $31,500 -3.7%
    2008-- $32,700 +11.6%
    2007-- $29,300 +6.5%
    2006-- $27,500 +12.2%
    2005-- $24,500 +8.4%
    2004-- $22,600 +0.4%
    2003-- $22,500
    2002-- $22,500 +3.2%
    2001-- $21,800 +11.8%
    2000-- $19,500
    Find assessor info on the county website

    Neighborhood: Porters Community

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $146,300
    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
    $146,300