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3048 120th Ter

Gainesville, FL 32608

4 bd 3 ba 2,166 sqft Built 2022 Lot 6,098 sqft single_family
Most recent sale
$529,213
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 10, 2023 Sold $580,000 StellarMLS
Sep 1, 2023 Listed for rent $2,895 AppfolioUnits
Aug 23, 2023 Price changed $590,000 StellarMLS
Aug 10, 2023 Price changed $595,000 StellarMLS
Aug 4, 2023 Listed $625,000 StellarMLS
May 23, 2022 Sold $529,213 MLS #GC447398
Oct 4, 2021 Listed $448,742 MLS #GC447398
Aug 23, 2021 Listed $448,742 MLS #447398

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $506,245 $12,978
2024 $506,245 $12,568
2023 $422,272 $10,806
2022 $82,650 $82,650 $4,482
2021 $75,240 $75,240 $3,917

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,166 sqft
Lot size
6,098 sqft
ZIP code
32608
City
Gainesville
Street
120th Ter
Coordinates
29.62527, -82.47153

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,007
Gross rental yield
9.09%
Implied cap rate
5.91%
Trend-extrapolated value

Frequently asked questions

When did 3048 120th Ter last sell?
3048 120th Ter most recently sold on May 23, 2022 for $529,213.
What is the current tax assessment for 3048 120th Ter?
The most recent total assessment for 3048 120th Ter (year 2025) is $506,245 with $12,978 in property tax.
How does 3048 120th Ter's assessment compare to its last sale price?
The current assessment is 4.3% below the last sale price of $529,213.
When was 3048 120th Ter built?
3048 120th Ter was built in 2022.
How does 3048 120th Ter compare to others on 120th Ter?
We track 8 other properties on 120th Ter. Browse the list under "Other properties on 120th Ter" to compare beds, baths, and sale history.
What are the property facts for 3048 120th Ter?
3048 120th Ter is a 4 bed, 3 bath, 2,166 sqft, 6,098 sqft lot single_family.
Is 3048 120th Ter a flip candidate?
No — 3048 120th Ter does not appear in our flips dataset.
Is 3048 120th Ter a tax-appeal candidate?
No — 3048 120th 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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