new - 4 days on rocket

2042 NW 7th Ln, Gainesville, FL, 32603

$510,000

Home List Price

$6,056*

Closing Credit

4 Bedrooms
3 Full Baths
1,728 SqFt
$295/SqFt
House

Location

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2042 NW 7th Ln, Gainesville$510,000

Buyer Closing Credits

$6,056*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1949
HeatingCentral
CoolingCentral Air
MLS #OM691150
Lot Size0.23 Acres
StatusActive

About 2042 NW 7th Ln

“Prime Investment Opportunity Near UF! Fully rented property with excellent, reliable tenants in place. Features a brand-new roof and a highly desirable location—just minutes from the University of Florida. Perfect for steady rental income or expanding your investment portfolio. Don’t miss out on this chance to own in one of Gainesville’s most sought-after areas!” Lots of living space and nice backyard for get togethers. Large living room, 2 dining areas, 2 bedrooms have their own bathroom. Easy to show over holiday break.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 1
  • Living Area: 1,728 SqFt

Listing Office:

  • Office Name: RABELL REALTY GROUP LLC
  • Office Phone: (352) 559-8820
  • Listing Agent: Jacquelyn Mercier

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 2042 NW 7th Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: from nw 8th ave, go south on nw 20th st, and turn right on nw 7 lane, house is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $510,000
  • Price Per SqFt: $295/SqFt

Tax Information:

  • Annual Amount: $3,052
  • 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

2042 NW 7th Ln vs Gainesville

4 DAYS ON ROCKET

-66 Days

$510,000

+$199.9K More

$295/SqFt

+$98 More

KEY TAKEAWAY

This property is $199.9K more than the Median Sold Price and $98/SqFt more than other homes in Gainesville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM691150

Listing Office:

  • Office Name: RABELL REALTY GROUP LLC
  • Office Phone: (352) 559-8820
  • Listing Agent: Jacquelyn Mercier

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: 12/17/2024, 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

Listing History

Apr 02, 2021Home Sold
$380,000
Mar 04, 2014Home Sold
$247,500
Aug 08, 2002Home Sold
$161,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,052$171,126
2019$3,048$167,279
2018$2,834$164,160
2017$2,836$160,790

History based on county public records data.

Payment Calculator

$2,613

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,596

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-4391344
4
/10

  • Carolyn Beatrice Parker Elementary School

  • 1912 NW 5th Ave

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-4391345
6
/10

  • Littlewood Elementary School

  • 812 NW 34th St

  • 1.38 miles

  • Public District Grades KG-5

school-card-donut-4391346
6
/10

  • Glen Springs Elementary School

  • 2826 NW 31st Ave

  • 1.86 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,297. The most common annual income of people living in Gainesville, FL is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2042 NW 7th Ln

What is the listing price of this property?

The listing price of 2042 NW 7th Ln property is $510,000.

What type of property is this?

The property 2042 NW 7th Ln is a house located in Gainesville, Florida, 32603.

Is this property for sale now?

Active Listing: 2042 NW 7th 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 $3,052 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 2, 2021 for $380,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2042 NW 7th Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2042 NW 7th Ln is 1,728 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2042 NW 7th Ln is 1949.

Rocket Homes›Florida›Alachua County›Gainesville›32603›2042 NW 7th Ln

This home is located at 2042 NW 7th Ln in Gainesville, FL and zip code 32603 in the Northwest Gainesville neighborhood. This 1,728 square foot home, which was built in 1949, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $510,000.

In November 2024, from all listings sold in Gainesville, FL there were more than 16 sold above asking price, over 77 sold below and more than 20 were sold right at the asked price. The number of listings in Gainesville, FL decreased by 3.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $310,076, while the average time on the real estate market was 70 days.

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

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