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About this home
2006 NW 40th Ter is a 1959-built home in Cheswood Park, Gainesville. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,827 square feet of living space. Listed at $300,000 (about $164/sqft), 31 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This open-concept home is full of character, with high beamed ceilings running through much of the living space, original terrazzo floors, and built-in cabinetry in the hallway that hints at its mid-century roots. Both bathrooms retain their vintage tile, paired with new toilets. The generous kitchen includes plentiful storage, newer stainless-steel dishwasher, range hood, convection wall oven, and microwave/air fryer combo. A large bonus room that could be partitioned into 2 spaces includes French doors to the porch, closet and shelving, offering flexibility as a home office, family room, play space, exercise, sewing, crafts, or more. Out back, a large, screened porch overlooks a wraparound patio and a spacious backyard, a portion of which is fenced. And an attached workshop off the carport, with power, is great for projects or extra storage. From City permits and sellers: brand new water heater, roof replaced 2025, HVAC 2014, windows in main house updated in 2011, plus electrical and plumbing upgrades.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$300,000
$164 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,827 sq ft
Time on market
31 days
Year built
1959
Monthly payment
About $2,058/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,115 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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