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5016 NE 220th TERRACE

House Recently Sold
$245,000

BTC: 3.82812500

ETH: 136.11111111

Sold on: 2021-03-05
49 days
Waterfront
3 bds
2 ba
1,480 sqft

Overview

Own a piece of lake front paradise! This peaceful retreat can be yours. Enjoy lakefront sunsets from your private dock or walk or bike in the neighborhood. Lake Elizabeth is perfect for canoeing, kayaking and fishing. This 1.2 acre setting has abundant wildlife and beautiful gardens. You''ll love the deck and gazebo on quiet summer evenings. The great room with a vaulted ceiling has a fireplace to enjoy during the cooler weather. Bamboo flooring was installed and master bath was upgraded with a jacuzzi tub and marble surround and counter top. Other improvements include new well and water softener 2018, new roof 2019, new septic system 2020. The 3 bedroom 2 bath home features a split plan, spacious great room with fireplace, bamboo floors and bay window. There is a 2 car garage which could be converted to a bonus room. Located only 15-20 minutes to the Gainesville Regional Airport and an easy commute to Gainesville. You won''t be disappointed to see this one!

Location

Florida • Earleton • 32631 • House • Recently Sold • Waterfront

Details

Type:
Residential
Parking:
Garage Door Opener / Other
Year Built:
1988
Lot:
1.21 Acres
Heating:
Central / Electric
Price/sqft:
$162
Cooling:
No Data
HOA:
$120

Valuation

Our model vs. what's actually selling nearby.
Estimate
$232,450
$197K – $358K
Confidence Low
List vs. estimate
$7K above estimate
List $239,900 · +3.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$162
-57.7% vs. city median $383
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,264
2020
HOA
$120/yr
Other
Waterfront
Lake Front, Lake - Chain of Lakes
Garage
2 car garage
All facts and features

  • Flooring

    • Carpet

    • Other

    • Parquet

    • Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Appliances

    • Cooktop

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Oven

    • Refrigerator

    • Washer

    • Water Softener Owned

    • Water Softener Rented

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Skylight(s)

    • Split Bedroom

    • Vaulted Ceiling(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Garage Door Opener

    • Other

    Property

    • Exterior Features: Irrigation System / Other / Rain Gutters

    Lot

    • Lot: 1.21 Acres

    Other Property Information

    • Parcel Number: 18857010065

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    Green energy

    • Windows

  • Other financial information

    • HOA: $120

    • HOA Frequency: Annually

    • Annual tax amount: $2,264

  • Source details

    • MLS ID: GC440799

    Other facts

    • Construction Materials: Cement Siding / Concrete / Frame

    • Fireplace Features: Wood Burning

    • Laundry Features: In Garage

    • Lot Features: Irregular Lot / Wooded

    • Patio And Porch Features: Deck / Screened

    • Window Features: Blinds / Drapes

    • Direction Faces: East

    • Architectural Style: Traditional

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1480

    • Water Source: Well

    • Subdivision Name: Lake Elizabeth

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32631
3
median $425K
Active
Same city
Earleton
3
median $425K
Active
Same type
House
1
median $425K
Active
Similar price
$167K – $311K
1
median $175K
Active

The multiple listing information is provided by the Gainesville-Alachua from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Gainesville-Alachua. 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: BHGRE Thomas Group