1 month on rocket

Sale Pending

2877 SW 85th Ter, Gainesville, FL, 32608

$1,189,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
4,828 SqFt
$246/SqFt
House
Schools Nearby

Location

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2877 SW 85th Ter, Gainesville$1,189,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Garage Door Opener
Attached Garage4 spaces
Year Built2007
HeatingNatural Gas
CoolingCentral Air
FireplaceGas
Private PoolYes
MLS #GC519760
Lot Size0.92 Acres
StatusSale Pending
(Pending)

About 2877 SW 85th Ter

Stunningly beautiful and impeccably maintained European style one acre estate in Haile Plantation, built and still owned by one of Gainesville’s premier builders. Custom floor plan incorporates amazing ceiling details, superior workmanship, Fine Art designer chandeliers, and a floor plan that will wow the most discriminating buyer. This very private home features stone accents on the exterior and upon approaching you immediately recognize the unique design behind the sweeping circle driveway. The inviting front porch is flanked on each side by two-2 CG for a total for 4 garage spaces. The impressive round foyer with wide wood flooring features a castle stone wall and soaring peaked beamed ceiling. Directly behind the foyer is a grand Great Room featuring vaulted beam ceilings, a castle stone wall with built-ins, gas FP, and a walk around wet bar area complete with granite counters, under counter frig and custom display cabinets. Retractable sliders from the Great Room to the Lanai allow for ease of indoor/outdoor living. To the left of the foyer is a charming newly re-designed 100 bottle wine cellar with brand new climate control system. Across the hall a fabulous large Theatre with built in screen, projector, wet bar area, and comes complete with theater seating. Adjacent to this area is a convenient half bath. To the right of the foyer is a large executive Library with wood paneled walls, coffered ceiling and built-ins. The banquet size formal Dining Room features wood floors, a unique coffered ceiling and plenty of wall space for your prized art. The country french kitchen features commercial gas range with pot filler, full size frig/full size freezer, island with prep sink, wood cabinets with wood range surround and an adjacent large Breakfast Room. French doors open from the Breakfast Room to a romantic private garden with pavers, a perfect spot for your herb garden. The Owner’s Suite is on the theater side of the house and features double tray ceiling, sitting area, huge walk-in closet, a large secondary closet, and a spa style bath with walk in shower. A guest room with en-suite bath is on the library side of the house. Off the lanai is a one bedroom, one bath Casita with private entrance that is perfect for visitors. The huge lanai area features a separate covered pavilion complete with summer kitchen, dining and seating space, and salt pool with raised spa and waterfall feature. A large separate fenced dog yard is off one of the garages, a second planning/study area, a large laundry and a whole house generator completes the picture on this wonderful offering. Two new 50-gallon hot water heaters just installed. Don’t miss out on this fabulous custom home that can not be re-produced at this price.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2007
  • Stories: 1
  • Living Area: 4,828 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER M.M. PARRISH R
  • Office Phone: (352) 335-4999
  • Listing Agent: Lauretta Fogg

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Oven, Dishwasher, Disposal, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Wine Cooler
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Fireplace: Gas

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Dog Run

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.92 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • F. W. Buchholz High School, Public Magnet Grades 9-12
  • Kanapaha Middle School, Public District Grades 6-8
  • Lawton M. Chiles Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From SW 24th Avenue, enter Haile Plantation at SW 91st Street. Head south past Publix shopping center and at first round about, go all the way around and take SW 87th Way, then first right onto SW 28th Lane which will curve into SW 85th Terrace. Home on the right at the next bend in the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,189,000
  • Price Per SqFt: $246/SqFt

HOA Fees:

  • Amount: $264
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $12,123
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$311K

Med. Price/SqFt

$198

Avg. Days On Market

42

# of Sold Homes

240

2877 SW 85th Ter vs Gainesville

59 DAYS ON ROCKET

+17 Days

$1,189,000

+$877.9K More

$246/SqFt

+$48 More

KEY TAKEAWAY

This property is $877.9K more than the Median Sold Price and $48/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: #GC519760

Listing Office:

  • Office Name: COLDWELL BANKER M.M. PARRISH R
  • Office Phone: (352) 335-4999
  • Listing Agent: Lauretta Fogg

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

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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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/2/2024, 9:19:33 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

Oct 05, 2005Home Sold
$218,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,123$576,145
2019$12,230$563,191
2018$11,851$552,690
2017$11,627$541,330

History based on county public records data.

Payment Calculator

$6,090

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,631

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.

Elementary School

school-card-donut-5011854
7
/10
  • Lawton M. Chiles Elementary School

  • 2525 School House Rd

  • 0.74 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5011855
4
/10
  • Kanapaha Middle School

  • 5005 SW 75th St

  • 1.52 miles

  • Public District Grades 6-8

High School

school-card-donut-5011856
6
/10
  • F. W. Buchholz High School

  • 5510 NW 27th Ave

  • 4.04 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,061. Residents of Gainesville, FL typically earn between $100k-200k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2877 SW 85th Ter

What is the listing price of this property?

The listing price of 2877 SW 85th Ter property is $1,189,000.

What type of property is this?

The property 2877 SW 85th Ter is a house located in Gainesville, Florida, 32608.

Is this property for sale now?

Sale Pending: 2877 SW 85th Ter is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 2877 SW 85th Ter are:
Lawton M. Chiles Elementary School: GreatSchools Rating 7/10
Kanapaha Middle School: GreatSchools Rating 4/10
F. W. Buchholz High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,123 (source: MLS/based on county public records data).

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

The last sale was on October 5, 2005 for $218,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2877 SW 85th Ter has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 2877 SW 85th Ter is 4,828 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2877 SW 85th Ter is 2007.

Rocket HomesFloridaAlachua CountyGainesville326082877 SW 85th Ter

This home is located at 2877 SW 85th Ter in Gainesville, FL and zip code 32608 in the Haile Plantation neighborhood. This 4,828 square foot home, which was built in 2007, sits on a 0.92 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $1,189,000.

Gainesville, FL housing market in April 2024 saw over 37 listings sold above listed price, more than 65 sold at listed price and over 138 sold below. The number of listings in Gainesville, FL increased by 3.6% between March 2024 and April 2024. In April 2024 median list price was $311,018 and the average listing age was 42 days.

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

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