4 months on rocket

203 NE 40th Ln, Gainesville, FL, 32609

$263,500

Home List Price

$3,129*

Closing Credit

4 Bedrooms
2 Full Baths
1,800 SqFt
$146/SqFt
Condo

Location

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203 NE 40th Ln, Gainesville$263,500

Buyer Closing Credits

$3,129*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1983
HeatingCentral
CoolingCentral Air
MLS #G5085813
Lot Size1.15 Acres
StatusActive

About 203 NE 40th Ln

New Roof Installed October 2024. Discover this exceptional investment opportunity in the heart of Gainesville! Nestled in the peaceful and desirable Pine Forest Estates, this well-maintained duplex offers the perfect blend of comfort, convenience, and potential rental income. Currently rented on both sides of this duplex, with a large lot and fenced in yard. This property is close to schools, shopping, dining, and the University of Florida. it would be ideal for investors or homeowners looking to live in one unit and rent out the other. Don’t miss out on this unique opportunity to own a duplex in the heart of Gainesville. Unit 1: 2 Bedrooms, 1 Bathrooms Unit 2: 2 Bedrooms, 1 Bathrooms Lot Size: 1.15 acres Parking: Ample parking for residents and guests (4 spaces) Outdoor Space: Spacious backyard with mature trees, fenced in yard

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 1
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: BOFFO REAL ESTATE GROUP LLC
  • Listing Agent: Kayla Camps

Interior Features

Interior Information:

  • Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 203 NE 40th Ln
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Lot Features

Lot Information:

  • Lot Size: 1.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Slight left onto S Main St ? 1.3 mi Turn left onto SW 16th Ave ? 0.2 mi Turn right onto SW 6th St ? 0.5 mi At the traffic circle, continue straight to stay on SW 6th St 0.3 mi At the traffic circle, continue straight to stay on SW 6th St ? 0.1 mi At the traffic circle, continue straight to stay on SW 6th St ? 2.7 mi Turn right onto NW 39th Ave ? 0.5 mi Turn left onto NE 2 Way ? 0.1 mi Turn right onto NE 40 L

Price Information

Listing Price Info

Price Summary:

  • List Price: $263,500
  • Price Per SqFt: $146/SqFt

Tax Information:

  • Annual Amount: $1,647
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gainesville, FL.

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Gainesville, FL

City

Med. Sold Price

$310K

Med. Price/SqFt

$196

Avg. Days On Market

70

# of Sold Homes

113

203 NE 40th Ln vs Gainesville

128 DAYS ON ROCKET

+58 Days

$263,500

-$46.5K Less

$146/SqFt

-$51 Less

KEY TAKEAWAY

This property is $46.5K less than the Median Sold Price and $51/SqFt less than other homes in Gainesville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5085813

Listing Office:

  • Office Name: BOFFO REAL ESTATE GROUP LLC
  • Listing Agent: Kayla Camps

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,647$65,022
2019$1,999$70,059
2018$1,562$64,900
2017$1,462$57,900

History based on county public records data.

Payment Calculator

$1,383

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$856

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-812815
3
/10

  • Stephen Foster Elementary School

  • 3800 NW 6th St

  • 0.60 miles

  • Public Magnet Grades KG-5

school-card-donut-812816
6
/10

  • The One Room School House Project

  • 4180 NE 15th St

  • 0.95 miles

  • Public Charter Grades KG-6

school-card-donut-812817
1
/10

  • M. K. Rawlings Center for Fine Arts

  • 3500 NE 15th St

  • 1.02 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,589. Most Gainesville, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 203 NE 40th Ln

What is the listing price of this property?

The listing price of 203 NE 40th Ln property is $263,500.

What type of property is this?

The property 203 NE 40th Ln is a condo located in Gainesville, Florida, 32609.

Is this property for sale now?

Active Listing: 203 NE 40th Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,647 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 203 NE 40th Ln has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 203 NE 40th Ln is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 203 NE 40th Ln is 1983.

Rocket Homes›Florida›Alachua County›Gainesville›32609›203 NE 40th Ln

This home is located at 203 NE 40th Ln in Gainesville, FL and zip code 32609 in the Pine Forest Estates neighborhood. This 1,800 square foot home, which was built in 1983, sits on a 1.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $263,500.

While more than 16 listings in Gainesville, FL in November 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 77 were sold below. In November 2024 in Gainesville, FL there were 3.2% less homes for sale than in October 2024. While the average time on the market in November 2024 was 70 days, the median list price was $310,076.

From Rocket Homes Real Estate and based on county public records data.

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