Movoto Real Estate
Sold on 03/19/2024
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506 SW 40th Ter, Gainesville, FL 32607

$411,000

Last sold 03/19/2024 for $410K

  • 4

    bed

  • 2

    bath

  • 2,077

    Sqft ($197/Sqft)

House not for sale

About 506 SW 40th Ter

Property type House
Neighborhood
Year built 1966
HOA fee $0/month
Lot size 0.64 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Welcome to your nature lover’s paradise! This charming 4BR/2BA ranch style home built by Fletcher in 1966 is situated on a spacious corner lot, offering the perfect blend of comfortable living and outdoor slender. This purchase also comes with a 2nd corner buildable lot perfect to keep the beauty of the natural extended yard with automatic built in value. You can keep the 2nd corner lot, build a 2nd home on it to keep or sell, or sell it! You don't need to ask to have a 2nd home on your property. This lot already allows it! No matter what, you will always have double value with this sale! The one-story layout is meticulously designed for effortless living, emphasizing practicality and convenience at every turn. The large, separate but inviting living room, dining room, and family room with a cozy fireplace ensures a seamless flow between each, while giving plenty of space to entertain, relax alone, or enjoy the views through the large windows. Step outside into the sprawling double lot, and you will find yourself in an outdoor lover’s dream. With ample space for gardening, birdwatching, searching for flint rocks in the dirt, and walking around the trails in between the trees, this expansive property is a sanctuary for nature enthusiasts who love the wildlife appeal of native plant species like the Cardinal loving Beautyberries and Sparkleberries. The new HVAC system, water heater, garage doors roof and newly painted interior offer the next owner peace of mind to focus on leaving the mid-century appeal already inherent in the home or updating where desired. Only minuted to the University of Florida, Downtown Gainesville and the heart of restaurants and shopping in the NW, this is the perfect central location for walking, biking, or a quick drive to just about anything and everything Gainesville has to offer, as well as a jaunt around Clear Lake Nature Park or a hike in the Sugarfoot Prairie Conservation Area. This home is central to an Urban lifestyle while being nestled in between a natural paradise. Do not hesitate to all this your home!
Listed by
Listing Agent - Kristen Rabell
Listing Agent Contact: 352-559-8820
Listing Office - RABELL REALTY GROUP LLC
Source: Stellar MLS mls logo
MLS#GC517417 • last updated 2 years ago
Movoto checked Stellar MLS for data 17 minutes ago
Overview
Cooling/AC Central Air
Levels/Style One, Ranch
Type Residential
Virtual Tour N/A
SubType Single Family Residence
Status Sold
MLS # GC517417
SqFt 2077
Lot Size (Acres) 0.64
Lot Size (SqFt) 27879
Property Tax 2024
Year Built 1966
Interior
Total # Bathrooms 2
# Full Baths 2
# Bedrooms 4
Total # of Rooms 3
Interior Features Ceiling Fans(s), Chair Rail, L Dining, Primary Bedroom Main Floor, Thermostat
Exterior
Exterior Garden
Roof Shingle
Foundation Slab
# Garage Spaces 2
Amenities / Utilities
Utilities Desc Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Public, Water Connected
Sewer Public Sewer
Security Features Security System
Location
County Alachua
Subdivision FLETCHER HEIGHTS UNIT III
Elementary School Littlewood Elementary School-AL
Middle School Westwood Middle School-AL
High School Gainesville High School-AL
APN 06525-008-000 & 0625-009-000
Zoning RSF1
Lot/ Land Details
Road Surface Type Paved
$411K
Range: $308K-$513K
Last 30 days 
Rental est.: $1,607/month
Gross rent multiplier: 21.3
  • Apr 2024
    mls logo MLS # GC517417
  • Apr 26, 2024 Sold
    $410,000
  • Mar 19, 2024 Pending
    —
  • Jan 10, 2024 Price Change
    $450,000 (+7.1%)
  • Nov 16, 2023 Listed
    $420,000
  • Apr 2024
    Public Records
  • Apr 26, 2024 Sold
    $410,000 (-8.9%)
  • Year Property taxes Tax assessment
  • 2024
    $6,991 +225.6%
    $350,507 +175.72%
  • 2023
    $2,147 +6.1%
    $127,122 +3.0%
  • 2022
    $2,024 +1.6%
    $123,419 +3.0%
  • 2021
    $1,993 +1.9%
    $119,825 +1.4%
  • 2020
    $1,955 +1.2%
    $118,170 +2.3%
  • 2019
    $1,931 +9.3%
    $115,513 +1.9%
  • 2018
    $1,767 +0.3%
    $113,360 +2.1%
  • 2017
    $1,761 +2.1%
    $111,030 +2.1%
  • 2016
    $1,725 -1.2%
    $108,750
  • 2015
    $1,746
    —
  • 506 SW 40th Ter
    $410K
  • Sugarfoot
    $348K +6% y/y
  • 32607
    $280K 0% y/y
  • Gainesville
    $299K -2% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
516 Sw 40th Ter, Gainesville, FL 32607 $362,000 3/2 1,955 0.03
426 Sw 40th Ter, Gainesville, FL 32607 $398,000 4/2 2,108 0.03
515 Sw 41st St, Gainesville, FL 32607 $452,000 3/2 2,261 0.03
427 Sw 41st St, Gainesville, FL 32607 $368,000 3/2 2,148 0.04
427 Sw 40th Ter, Gainesville, FL 32607 $339,000 3/2 1,944 0.04
515 Sw 40th Ter, Gainesville, FL 32607 $358,000 3/2 1,878 0.04
525 Sw 40th Ter, Gainesville, FL 32607 $312,000 3/2 2,034 0.05
416 Sw 40th Ter, Gainesville, FL 32607 $401,000 4/3 2,307 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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4/10
3/10
5/10
Gainesville High School
public Grades 9-12
Alachua
Source: GreatSchools.org © 2026. All rights reserved.

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