$525,000

714 NW 40th Ter Gainesville, FL 32607

$6,234
Closing credit¹
4 beds
3 full, 1 partial
2,704 sqft
0.5 acres
$194 / sqft
House

Property details

About 714 NW 40th Ter

Standing at the top of the hill on a quiet street in the center of town, this four bedroom three and a half bathroom mid century home is fully updated and ready for its new owners. Entering the foyer from the massive tiled front porch with towering columns, a pair of French doors open at the left to a formal living room currently set as an office and sitting area with two work spaces. Before reaching the beautiful oak staircase, a hall to the right leads to a half bathroom and one of the two huge primary suites. Continuing to the back of the home, you’ll find an open remodeled kitchen with stainless appliances, quartz counters and a breakfast bar, an informal dining area, a spacious den, and a separate formal dining room - all with sweeping views of the paver patio and fenced and landscaped back yard shaded by mature oaks. Upstairs, the oversized primary suite is flooded with natural light and includes two large walk-in closets. Two more generously sized bedrooms and an updated bathroom complete the second floor. New insulated windows and an upgraded HVAC system, as well as a new solar power system (paid in full), ensure modern efficiency in this classic home, and the private well for irrigation helps keep the water bill down. A horseshoe driveway provides plenty of parking for guests and leads to a side entry two car garage and outdoor storage room. One of Gainesville’s best kept secrets, Twin Pines was the site of the 1964 Parade of Homes and is convenient to shopping and dining options, parks and preserves, North Florida Regional, VA and Shands Hospitals, I-75, Santa Fe College, and the University of Florida. Call today to see this great home for yourself!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,704 sqft
Lot size0.5 Acres
Year built1963
ParkingCircular Driveway, Garage Faces Side, On Street, Oversized
MLS #GC530106
Attached garage2 spaces

Virtual tour

Summary

  • MLS Number: GC530106
  • MLS Name: MFRMLS
  • Office Name: MATCHMAKER REALTY OF ALACHUA COUNTY
  • Office Phone: (352) 372-3930
  • Listing Agent: Tate Mikell

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 12:20:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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greek revival inspired property featuring a front lawn and decorative driveway

$525,000

714 NW 40th Ter

$6,234

closing credit¹

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Price information

Property sales

DateEventPrice
Nov 15, 2019
Home Sold
$327,000
Apr 04, 2016
Home Sold
$220,000

Tax history

YearAssessmentProperty Tax
2023$205,799$3,958
2022$199,805$3,731
2021$193,986$3,731
2019$203,077$3,990
2018$199,290$3,699
2017$195,200$3,705

History based on county public records data.

Nearby schools

4

Littlewood Elementary School

Public District KG-5

0.8 mi

812 NW 34th St

3

Myra A. Terwilliger Elementary School

Public District KG-5

1.3 mi

301 NW 62nd St

5

Glen Springs Elementary School

Public District KG-5

2.1 mi

2826 NW 31st Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,833. Most Gainesville, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
46%
35k-100k
12%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

69%
Single, No Kids
7%
Single, with Kids
17%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
59%
18-34 yrs old
22%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • DillardsDillards

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • HyundaiHyundai

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 714 NW 40th Ter

This home is located at 714 NW 40th Ter in Gainesville, FL and zip code 32607 in the Northwest Gainesville neighborhood. This 2,704 square foot home, which was built in 1963, sits on a 0.50 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $525,000.

Over 19 listings were sold over their listed price in March 2025 in Gainesville, FL. In the same period over 122 listings were sold below the listed price and 38 listings were sold for the listed price. In March 2025 in Gainesville, FL there were 12.4% more homes for sale than in February. In March 2025, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $317,183.

From Rocket Homes Real Estate and based on county public records data.

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