2 months on rocket

8551 NW 40th Ter, Gainesville, FL, 32653

$159,400

Home List Price

$1,893*

Closing Credit

2 Bedrooms
1 Full Bath
792 SqFt
$201/SqFt
House

Location

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8551 NW 40th Ter, Gainesville$159,400

Buyer Closing Credits

$1,893*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1983
HeatingNatural Gas
CoolingCentral Air
MLS #GC525325
Lot Size0.09 Acres
StatusActive

About 8551 NW 40th Ter

MOTIVATED SELLER! Bring ALL offers! Seller will contribute a HOME WARRANTY at buyer's choice with an offer. Welcome to this charming 2-bedroom, 1-bath home nestled in the desirable 55+ Turkey Creek Forest subdivision! This cozy residence features a blend of vinyl plank flooring and carpet, offering comfort and style throughout. Enjoy the convenience of a nice-sized carport and a storage shed, perfect for all your outdoor equipment and tools. Relax and unwind on the screened porch overlooking the fully fenced backyard, providing privacy and a great space for pets or entertaining. Whether you're looking for a low-maintenance retreat or a comfortable place to call home, this property offers a wonderful blend of indoor and outdoor living. This is the only 55+ community in Gainesville. The eco-friendly pool community features a central clubhouse with kitchen, lounge area with large screen television, meeting room, library, arts and crafts hall, billiard hall and ping-pong table. Outside is a large heated pool, tennis courts, shuffleboard, horse shoe pits and plenty of parking for bicycles and vehicles. TCF is ideal for retired folks that enjoy socializing and participating in neighborhood activities. Exercise classes, yoga, game nights, holiday celebrations and more, are available thanks to the volunteer staff that meet regularly to plan social activities for the residents. Seller understands home is messy and needs repairs. All repairs of doors, windows, any HVAC repairs needed, and professional clean up will be completed before closing. Don't miss the chance to make it yours!

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Living Area: 792 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Carpet, Luxury Vinyl
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 8551 NW 40th Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: heading northwest on SW 91st Dr, then turn right onto SW 91st Terrace. After 0.2 miles, turn right onto SW 24th Ave and continue for 1.3 miles. Turn left onto SW 75th St (Tower Rd) and drive for about 3.5 miles. Next, turn right onto Newberry Rd/FL-26 E and continue for 3.6 miles. Turn left onto NW 98th St and go for 0.8 miles, then turn right onto NW 39th Ave (FL-222 E) and drive 1.5 miles. Turn left onto NW 83rd St, continue for 1.2 miles, and then turn right onto NW 53rd Ave. After 0.3 miles, turn left onto NW 40th Terrace, and 8551 NW 40th Terrace will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,400
  • Price Per SqFt: $201/SqFt

HOA Fees:

  • Amount: $464
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,940
  • 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

8551 NW 40th Ter vs Gainesville

88 DAYS ON ROCKET

+18 Days

$159,400

-$150.6K Less

$201/SqFt

+$4 More

KEY TAKEAWAY

This property is $150.6K less than the Median Sold Price and $4/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: #GC525325

Listing Office:

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

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: 12/22/2024, 7:19:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 08, 1999Home Sold
$14,400
Sep 08, 1999Home Sold
$14,400
Sep 08, 1999Home Sold
$14,400

Tax History

YEARPROP. TAXASSESSMENT
2020$1,940$91,998
2019$1,717$68,866
2018$1,554$65,600
2017$1,613$66,500

History based on county public records data.

Payment Calculator

$901

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$544

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-918442
6
/10

  • William S. Talbot Elementary School

  • 5701 NW 43rd St

  • 1.77 miles

  • Public District Grades KG-5

school-card-donut-918443
5
/10

  • C. W. Norton Elementary School

  • 2200 NW 45th Ave

  • 3.05 miles

  • Public District Grades KG-5

school-card-donut-918444
6
/10

  • Glen Springs Elementary School

  • 2826 NW 31st Ave

  • 3.69 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 $36,833. Most Gainesville, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8551 NW 40th Ter

What is the listing price of this property?

The listing price of 8551 NW 40th Ter property is $159,400.

What type of property is this?

The property 8551 NW 40th Ter is a house located in Gainesville, Florida, 32653.

Is this property for sale now?

Active Listing: 8551 NW 40th 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 $1,940 (source: MLS/based on county public records data).

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

The last sale was on September 8, 1999 for $14,400. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8551 NW 40th Ter has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8551 NW 40th Ter is 792 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8551 NW 40th Ter is 1983.

Rocket Homes›Florida›Alachua County›Gainesville›32653›8551 NW 40th Ter

This home is located at 8551 NW 40th Ter in Gainesville, FL and zip code 32653 in the Turkey Creek Forest neighborhood. This 792 square foot home, which was built in 1983, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $159,400.

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. In November 2024 median list price was $310,076 and the average listing age was 70 days.

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

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