2002 NE 7th Ter, photo 1
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Overview

4 bd2 ba1,650 sqftSingle Family
TypeSingle Family
HOANone listed
Built1956
Lot10,454 sqft
Living area1,650 sqft
Price / sqft$94

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About this home

Primary Bedroom Main FloorStorage

2002 NE 7th Ter is a 1956-built home in Michigan Heights, Gainesville. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,650 square feet of living space. Listed at $155,000 (about $94/sqft), 22 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

CASH ONLY -- INVESTOR SPECIAL -- NO Sight Unseen Offers! This fixer-upper block home has been cleared out and is ready for a complete renovation. Bring your vision and transform this blank canvas into your next flip, rental property, or long-term investment. Conveniently located approximately nine minutes from the University of Florida, with access to public utilities. Don’t miss this opportunity to add value in a desirable Gainesville location!

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The essentials

Built
1956
Price / sqft
$94
On market
22 days
Annual tax
$4,631
Flood zone
X · Low risk
Lot
10,454 sqft
Type
Single Family Residence

At a glance

Single family
Built 1956
10,454 sqft lot
Lot size
1,650 sqft
Living area

Payment

Est. monthly payment
$1,271/mo
Down payment (20%)
$31,000
Property taxes
$386/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1956
Lot
10,454 sqft
Cooling
Wall/Window Unit(s)
Heating
None
Parking
-
Days on Market
22
Primary Bedroom Main Floor
Storage
Flood Zone X
Annual Tax (2025)
$4,631
Parcel #
10094-000-000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Michigan Heights
County
Alachua
MLS Area
32609 - Gainesville
Lot Size
10,454 sqft

Price history

Date
Event
Price
9/19/2026
Listed for sale
Source: Stellar MLS #O6443360
$155,000
$94/sqft

Neighborhood

2002 NE 7th Ter
Gainesville, FL, 32609 · 32609 - Gainesville

Market insights

Offer Insights

Choose an offer strength

List price: $155,000
$150,000 – $155,000
97.2% – 100% of listTops out right at the list price
80% of listList price
35 of the last 69 home closings in 32609 landed at this number or higher (51%). The median one sat 36 days before it went under contract, and this one is on day 22.

Sample: 69 closed home sales in 32609 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,272/mo
Principal & interest$808
Property taxes$386
Insurance$78
Down payment20% · $31,000
Interest rate6.80%
Loan term

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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

$155,000

$94 per sq ft

Beds and baths

4 beds, 2 baths

Size

1,650 sq ft

Time on market

22 days

Year built

1956

Monthly payment

About $1,271/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,631 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.

Offer

What should I offer?

Have another question?

Brokered byREGENCY REAL ESTATE LLCListing agent: Evelyn TejadaListing data from Stellar MLS, MLS# O6443360.

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