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Sold for $410,000 on 04/25/24
  • $410,000

    506 SW 40th Ter, Gainesville, FL 32607

    4beds
    2,077sqft
    Single Family Residence
    Built in 1966
    0.64 Acres Lot
    $407,400 Zestimate®
    $197/sqft
    $3,544 Estimated rent

    Home value

    $407,400

    $371,000 - $444,000

    $3,544/mo

    Zestimate® history
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    $2,825/mo

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    What's special

    Welcome to your nature lover’s paradise! This charming 4BR/2BA ranch style home built by Fletcher in 1966 is situated on a spacious corner lot, offering the perfect blend of comfortable living and outdoor slender. This purchase also comes with a 2nd corner buildable lot perfect to keep the beauty of the natural extended yard with automatic built in value. You can keep the 2nd corner lot, build a 2nd home on it to keep or sell, or sell it! You don't need to ask to have a 2nd home on your property. This lot already allows it! No matter what, you will always have double value with this sale! The one-story layout is meticulously designed for effortless living, emphasizing practicality and convenience at every turn. The large, separate but inviting living room, dining room, and family room with a cozy fireplace ensures a seamless flow between each, while giving plenty of space to entertain, relax alone, or enjoy the views through the large windows. Step outside into the sprawling double lot, and you will find yourself in an outdoor lover’s dream. With ample space for gardening, birdwatching, searching for flint rocks in the dirt, and walking around the trails in between the trees, this expansive property is a sanctuary for nature enthusiasts who love the wildlife appeal of native plant species like the Cardinal loving Beautyberries and Sparkleberries.  The new HVAC system, water heater, garage doors roof and newly painted interior offer the next owner peace of mind to focus on leaving the mid-century appeal already inherent in the home or updating where desired. Only minuted to the University of Florida, Downtown Gainesville and the heart of restaurants and shopping in the NW, this is the perfect central location for walking, biking, or a quick drive to just about anything and everything Gainesville has to offer, as well as a jaunt around Clear Lake Nature Park or a hike in the Sugarfoot Prairie Conservation Area. This home is central to an Urban lifestyle while being nestled in between a natural paradise. Do not hesitate to all this your home!

    Zillow last checked: 8 hours ago

    Listing updated: April 26, 2024 at 07:28am

    Listing Provided by:

    Kristen Rabell 352-559-8820,

    RABELL REALTY GROUP LLC 352-559-8820,

    Rebecca Johnson 352-213-6410,

    RABELL REALTY GROUP LLC

    Bought with:

    Kristine Anderson Santos, 3582735

    PEPINE REALTY

    Source: Stellar MLS,MLS#: GC517417MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Chair Rail, L Dining, Primary Bedroom Main Floor, Thermostat
    • Flooring: Cork, Porcelain Tile, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,854
    • Total interior livable area: 2,077 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch, Patio
    • Exterior features: Garden
    • Has view: Yes
    • View description: Garden, Trees/Woods
    Lot
    • Size: 0.64 Acres
    • Features: Corner Lot, Cul-De-Sac, Level
    • Residential vegetation: Mature Landscaping, Trees/Landscaped, Wooded
    Details
    • Parcel number: 06525008000 & 0625009000
    • Zoning: RSF1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Cement Siding, Concrete
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Public, Water Connected

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Gainesville
    • Subdivision: FLETCHER HEIGHTS UNIT III

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/25/2024Sold$410,000-8.9%$197/sqft
    Source: Stellar MLS #GC517417
    3/19/2024Pending sale$450,000$217/sqft
    Source: Stellar MLS #GC517417
    1/10/2024Price change$450,000+7.1%$217/sqft
    Source: Stellar MLS #GC517417
    11/16/2023Listed for sale$420,000+204.3%$202/sqft
    Source: Stellar MLS #GC517417
    5/31/2001Sold$138,000+55.2%$66/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2024$6,991 +225.6%$306,107 +140.8%
    2023$2,147 +6.1%$127,122 +3%
    2022$2,024 +1.6%$123,419 +3%

    Find assessor info on the county website

    Neighborhood: Sugar Foot

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Littlewood Elementary School-AL
    • 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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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $407,400
    2% more+ $8,148
    With Zillow Showcase(estimated)
    $415,548