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2465 118th Ter

Gainesville, FL 32608

4 bd 3 ba 2,538 sqft Built 2016 Lot 15,246 sqft single_family
Most recent sale
$555,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $555,000 MLS #GC502186
Jun 13, 2022 Price changed $572,500 MLS #GC502186
Feb 17, 2022 Price changed $582,500 MLS #GC502186
Jan 29, 2022 Listed $597,500 MLS #GC502186
Apr 6, 2016 Sold $351,920 MLS #367901
Oct 1, 2015 Listed $341,450 MLS #367901
Aug 27, 2015 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $421,966 $140,000 $561,966 $14,761
2024 $421,966 $140,000 $561,966 $14,078
2023 $392,776 $145,000 $537,776 $14,177
2022 $438,237 $12,330
2021 $398,398 $11,599
2020 $297,180 $65,000 $362,180 $10,172
2019 $350,053 $9,986
2018 $265,500 $55,000 $320,500 $9,045
2017 $246,800 $42,500 $289,300 $8,563
2016 $42,500 $42,500 $2,649
2015 $40,000 $40,000 $2,397

Property facts

Year built
2016
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,538 sqft
Lot size
15,246 sqft
ZIP code
32608
City
Gainesville
Street
118th Ter
Coordinates
29.63043, -82.46789

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,695
Gross rental yield
10.15%
Implied cap rate
6.60%
Trend-extrapolated value

Frequently asked questions

When did 2465 118th Ter last sell?
2465 118th Ter most recently sold on Aug 19, 2022 for $555,000.
What is the current tax assessment for 2465 118th Ter?
The most recent total assessment for 2465 118th Ter (year 2025) is $561,966 with $14,761 in property tax.
How does 2465 118th Ter's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $555,000.
When was 2465 118th Ter built?
2465 118th Ter was built in 2016.
How does 2465 118th Ter compare to others on 118th Ter?
We track 8 other properties on 118th Ter. Browse the list under "Other properties on 118th Ter" to compare beds, baths, and sale history.
What are the property facts for 2465 118th Ter?
2465 118th Ter is a 4 bed, 3 bath, 2,538 sqft, 15,246 sqft lot single_family.
Is 2465 118th Ter a flip candidate?
No — 2465 118th Ter does not appear in our flips dataset.
Is 2465 118th Ter a tax-appeal candidate?
No — 2465 118th Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.9%
2026 Q3
$602.4K
2026 Q4
$603.7K
ZIP 32608 — Median Price History + Forecast

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