2656 118th Ter
Gainesville, FL 32608
5 bd 4 ba 3,625 sqft Built 2015 Lot 6,534 sqft single_family
Most recent sale
$825,000
May 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 9, 2022 | Sold | $825,000 | MLS #GC503682 |
| Apr 1, 2022 | Listed | $825,000 | MLS #GC503682 |
| Sep 7, 2021 | Listing removed | $649,000 | StellarMLS |
| Sep 23, 2020 | Listed | $649,000 | MLS #438224 |
| Apr 24, 2020 | Listed | $649,000 | MLS #434176 |
| Jul 16, 2019 | Listed | $649,000 | MLS #426975 |
| Nov 25, 2015 | Sold | $560,194 | MLS #368315 |
| Oct 18, 2015 | Listed | $560,194 | MLS #368315 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $631,025 | $145,000 | $776,025 | $18,201 |
| 2020 | — | — | $396,439 | $9,981 |
| 2019 | — | — | $387,526 | $9,817 |
| 2018 | — | — | $380,300 | $9,404 |
| 2017 | — | — | $372,480 | $9,400 |
| 2016 | — | — | $364,820 | $9,058 |
| 2015 | — | $40,000 | $40,000 | $2,201 |
Property facts
Year built
2015
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,625 sqft
Lot size
6,534 sqft
ZIP code
32608
City
Gainesville
Street
118th Ter
Coordinates
29.62902, -82.46850
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,706
Gross rental yield
9.75%
Implied cap rate
6.34%
Trend-extrapolated value
—
Frequently asked questions
When did 2656 118th Ter last sell?
2656 118th Ter most recently sold on May 9, 2022 for $825,000.
What is the current tax assessment for 2656 118th Ter?
The most recent total assessment for 2656 118th Ter (year 2023) is $776,025 with $18,201 in property tax.
How does 2656 118th Ter's assessment compare to its last sale price?
The current assessment is 5.9% below the last sale price of $825,000.
When was 2656 118th Ter built?
2656 118th Ter was built in 2015.
How does 2656 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 2656 118th Ter?
2656 118th Ter is a 5 bed, 4 bath, 3,625 sqft, 6,534 sqft lot single_family.
Is 2656 118th Ter a flip candidate?
No — 2656 118th Ter does not appear in our flips dataset.
Is 2656 118th Ter a tax-appeal candidate?
No — 2656 118th Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.9%
2026 Q3
$602.4K
2026 Q4
$603.7K
ZIP 32608 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 118th Ter