9 days on rocket

5311 NW 98th Ter, Gainesville, FL, 32653

$930,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,342 SqFt
$397/SqFt
House

Location

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5311 NW 98th Ter, Gainesville$930,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1993
HeatingCentral, Heat Pump, Other
CoolingCentral Air, Zoned
WaterfrontLake Front, Pond
Private PoolYes
MLS #O6256607
Lot Size2.00 Acres
StatusActive

About 5311 NW 98th Ter

Post-modern waterfront 4-story tree-house inspired by Frank Lloyd Wright. The area's natural beauty is captured with numerous decks and balconies, multi-aspect views through large picture windows from every level, a lap pool housed in a multi-story screened-in area. Daily living is an immersive experience into the woodland setting and waterfront views on this 1.93 acre retreat. Attention to detail is evident throughout, with fully upgraded features and modern comforts integrated seamlessly into the design. Overall, this property presents a unique opportunity to experience a lifestyle of luxury, privacy, and natural beauty in a meticulously designed and upgraded architectural home. The first floor features a stunning flexible living area which is currently used as a music room. The large picture windows a seamless connection to the outdoors, allowing natural light to flood the room. A large adjacent deck provides access to the lake and the in-ground pool. Two guest bedrooms, a double vanity bathroom with walk-in shower, a kitchenette/bar area with mini fridge, and a laundry closet complete this floor. A showcase spiral stairway, running the full height of the residence, provides access to the main living areas via a custom curved barn door. From the exterior, an elevator leads from the front deck to the main living deck. On the second floor, there is a spectacular, light-filled, open-concept layout creating a seamless flow between the sunken lounge/great room, dining area, custom-built kitchen and guest bathroom with linen closet which also showcases two-story floor to ceiling windows, offering tantalizing views of the lake. French doors lead to the multi-story screened-in, full outdoor living/dining room with staircase access to the heated 40-foot lap pool. The owners’ suite fully encompasses the third floor. Enjoy the luxurious ensuite, complete with freestanding spa bath, double vanities, linen closet and a two-story, glass-ceiling, rain shower! The suite has two sets of closets and double doors leading to a balcony overlooking the main outdoor living/dining room and the pool. Finally, the fourth floor observatory affords 360 degree area viewing and a covered balcony nestled amongst high magnolia trees and creeping jasmine. The first floor features a stunning flexible living area which is currently used as a music room. The large picture windows has a seamless connection to the outdoors, allowing natural light to flood the room. A large adjacent deck provides access to the lake and the in-ground pool. Two guest bedrooms, a double vanity bathroom with walk-in shower, a kitchenette/bar area with mini fridge, and a laundry closet complete this floor. A showcase spiral stairway, running the full height of the residence, provides access to the main living areas via a custom curved barn door. From the exterior, an elevator leads from the front deck to the main living deck. On the second floor, there is a spectacular, light-filled, open-concept layout creating a seamless flow between the sunken lounge/great room, dining area, custom-built kitchen and guest bathroom with linen closet which also showcases two-story floor to ceiling windows, offering tantalizing views of the lake. French doors lead to the multi-story screened-in, full outdoor living/dining room with staircase access to the heated 40-foot lap pool.

Property Details

Property Features

Property Information:

  • Year Built: 1993
  • Stories: 3
  • Living Area: 2,342 SqFt

Listing Office:

  • Office Name: BEYCOME OF FLORIDA LLC
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven Koleno

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range Hood, Refrigerator
  • Flooring Type: Luxury Vinyl, Tile, Wood
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front, Pond
  • Exterior: Balcony, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Other
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Take I-75 North to exit 390, then head east on NW 39th Ave, turn left onto NW 98th St, and follow it to NW 98th Terrace.

Price Information

Listing Price Info

Price Summary:

  • List Price: $930,000
  • Price Per SqFt: $397/SqFt

HOA Fees:

  • Amount: $650
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,437
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$308K

Med. Price/SqFt

$196

Avg. Days On Market

60

# of Sold Homes

132

5311 NW 98th Ter vs Gainesville

9 DAYS ON ROCKET

-51 Days

$930,000

+$622K More

$397/SqFt

+$201 More

KEY TAKEAWAY

This property is $622K more than the Median Sold Price and $201/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: #O6256607

Listing Office:

  • Office Name: BEYCOME OF FLORIDA LLC
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven Koleno

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: 11/20/2024, 10:49:49 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

May 19, 2021Home Sold
$500,000
Jun 22, 2001Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,437$277,862
2019$5,453$271,615
2018$5,286$266,550
2017$5,397$261,070

History based on county public records data.

Payment Calculator

$4,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,855

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-197557
6
/10
  • Meadowbrook Elementary School

  • 11525 NW 39th Ave

  • 1.50 miles

  • Public District Grades KG-5

school-card-donut-197558
7
/10
  • Hidden Oak Elementary School

  • 2100 Fort Clarke Blvd

  • 2.26 miles

  • Public District Grades KG-5

school-card-donut-197559
6
/10
  • William S. Talbot Elementary School

  • 5701 NW 43rd St

  • 3.51 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $180,000. Most Gainesville, FL residents have annual incomes $200k+. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5311 NW 98th Ter

What is the listing price of this property?

The listing price of 5311 NW 98th Ter property is $930,000.

What type of property is this?

The property 5311 NW 98th Ter is a house located in Gainesville, Florida, 32653.

Is this property for sale now?

Active Listing: 5311 NW 98th Ter 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 $5,437 (source: MLS/based on county public records data).

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

The last sale was on May 19, 2021 for $500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5311 NW 98th Ter has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5311 NW 98th Ter is 2,342 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5311 NW 98th Ter is 1993.

Rocket Homes›Florida›Alachua County›Gainesville›32653›5311 NW 98th Ter

This home is located at 5311 NW 98th Ter in Gainesville, FL and zip code 32653 in the Northwest Gainesville neighborhood. This 2,342 square foot home, which was built in 1993, sits on a 2.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $930,000.

While more than 11 listings in Gainesville, FL in October 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 101 were sold below. The number of homes for sale in Gainesville, FL decreased by 0.4% between September 2024 and October 2024. In October 2024 median list price was $308,000 and the average listing age was 60 days.

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

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