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Key Details
Sold Price $118,200
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,275 sqft
Price per Sqft $92
Subdivision Magnolia Place
MLS Listing ID GC438241
Sold Date 10/22/20
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Fees $206/mo
HOA Y/N Yes
Year Built 2003
Annual Tax Amount $2,318
Property Description
Opportunity! Recent closed comps range from 146k up to 169,900. This can be a value buy for an investor that wants to renovate the property and gain some equity. An owner occupant also can find opportunity by being able to fix this value priced unit up cosmetically to their own tastes. By investing 9 to 15k in cosmetics, the realistic ARV would likely land between 145 and 160k. Also of note for owner occupants, Barbara Woodham with Renasant Bank offers a portfolio loan for owner occupants that ranges between 0 & 15% down. (Typically 5% down is available.). 5+ Units.
Location
State FL
County Alachua
Community Magnolia Place
Interior
Interior Features Living Room/Dining Room Combo, Dormitorio Principal Arriba, Split Bedroom
Flooring Carpet, Tile
Appliance Cooktop, Dishwasher, Microwave, Oven, Refrigerator
Laundry Laundry Closet
Exterior
Exterior Feature Other
Garage Open
Community Features Pool, Sidewalks, Tennis Courts
Utilities Available BB/HS Internet Available, Cable Available, Street Lights, Underground Utilities, Water - Multiple Meters
Amenities Available Pool, Tennis Court(s)
Roof Type Shingle
Garage false
Building
Lot Description Sidewalk
Structure Type Other
Schools
Elementary Schools Meadowbrook Elementary School-Al
Middle Schools Fort Clarke Middle School-Al
High Schools F. W. Buchholz High School-Al
Others
HOA Fee Include Insurance,Maintenance Structure,Maintenance Grounds,Other
Acceptable Financing Other
Membership Fee Required Required
Listing Terms Other
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Bought with Out Of Area Firm (See Remarks)
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