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3238 120th Ter

Gainesville, FL 32608

3 bd 2 ba 1,541 sqft Built 2022 Lot 5,950 sqft single_family
Most recent sale
$391,870
Oct 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 27, 2022 Sold $391,870 MLS #GC504339
Apr 19, 2022 Listed $391,870 MLS #GC504339

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $370,069 $10,128
2024 $370,069 $9,765
2023 $216,960 $145,000 $361,960 $10,530
2022 $82,650 $82,650 $4,197
2021 $75,240 $75,240 $3,917

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,541 sqft
Lot size
5,950 sqft
ZIP code
32608
City
Gainesville
Street
120th Ter
Coordinates
29.62362, -82.47169

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,851
Gross rental yield
8.73%
Implied cap rate
5.67%
Trend-extrapolated value

Frequently asked questions

When did 3238 120th Ter last sell?
3238 120th Ter most recently sold on Oct 27, 2022 for $391,870.
What is the current tax assessment for 3238 120th Ter?
The most recent total assessment for 3238 120th Ter (year 2025) is $370,069 with $10,128 in property tax.
How does 3238 120th Ter's assessment compare to its last sale price?
The current assessment is 5.6% below the last sale price of $391,870.
When was 3238 120th Ter built?
3238 120th Ter was built in 2022.
How does 3238 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 3238 120th Ter?
3238 120th Ter is a 3 bed, 2 bath, 1,541 sqft, 5,950 sqft lot single_family.
Is 3238 120th Ter a flip candidate?
No — 3238 120th Ter does not appear in our flips dataset.
Is 3238 120th Ter a tax-appeal candidate?
No — 3238 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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