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4318 NW 12TH TERRACE

House Active With Contract
$220,000

BTC: 3.45911950

ETH: 115.62881049

37 days
3 bds
1 ba
990 sqft

Overview

Under contract-accepting backup offers. Remodeled, METAL ROOF, NO HOA, and over a third of an acre to truly call your own! If you want freedom and space without anyone telling you what to do, this is it. This updated 3-bedroom, 1-bath concrete block home in NW Gainesville's Magnolia Heights sits on a private 0.37-acre lot with room for your boat, RV, trailer, a garden, a workshop, a shed, or whatever your next project may be. No HOA means no rental restrictions and total flexibility, a rare find this close to town and a smart move for owner occupants and investors alike. Now the part that makes it shine inside. Beautiful hardwood floors run throughout, and the renovated kitchen features modern cabinetry, granite countertops, a center island, stainless steel appliances, and a tiled backsplash, all flowing into a separate dining room. The updated bathroom adds a polished touch with stylish tile work, a navy vanity, and gold fixtures. All three bedrooms offer comfortable space with good closet storage, and a durable metal roof delivers long-term peace of mind. Step outside to an expansive backyard shaded by mature oaks, with a covered porch and patio that invite you to relax, garden, or entertain. The modern gray exterior with a bold front entry gives it real curb appeal from the street. Centrally located in 32609 with quick access to I-75, UF, Shands, and downtown. Homes with this much space, this much freedom, and zero HOA do not last. Schedule your private showing today!

Location

Details

Type:
Residential
Parking:
None
Year Built:
1958
Lot:
0.37 Acres
Heating:
Central / Electric
Price/sqft:
$222
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$184,950
$149K – $247K
Confidence Low
List vs. estimate
$35K above estimate
List $220,000 · +19.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$222
+1.9% vs. city median $218
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,643
2025
All facts and features
  • Flooring

    • Linoleum

    • Vinyl

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 1

  • Parking

    • None

    Property

    • Levels: One

    • Exterior Features: Lighting

    Lot

    • Lot: 0.37 Acres

    Other Property Information

    • Parcel Number: 08112001000

    • Zoning: RESI

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,643

  • Source details

    • MLS ID: GC541216

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Patio And Porch Features: Covered

    • Window Features: Blinds

    • Direction Faces: East

    • Architectural Style: Other

    • Living Area: 990

    • Water Source: Public

    • Subdivision Name: MAGNOLIA HEIGHTS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS