NOT LISTED FOR SALE
11 Beds
9 Baths
1,200 Sq Ft
1985 Built

Last Sold October 19, 2023

Last sale price $430,000 $358 Per Sq Ft

120 Days on Market

Highlights

  • Breakfast Bar
  • Central Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Open Floorplan

About This Home

As of October 2023

Mobile homes and lots located in Pine Ridge Mobile Home Park. Contains a total of 16 Lots - 7 lots have Park owned Mobile homes on them. 9 lots are vacant. The 7 Mobile homes and lots bring in $5682 per month for an annual gross income of $68,184. $ mobile homes are on a rent to own program which will drop the annual income to $55,200 in July of 2026

Last Agent to Sell the Property

Kee Elwell

NAI TALCOR Commercial License #362753 Listed on: 06/02/2023

NAI TALCOR Commercial

Last Buyer's Agent

Kee Elwell

NAI TALCOR Commercial License #362753 Listed on: 06/02/2023

NAI TALCOR Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range

Flooring

  • Carpet
  • Vinyl

Schools

  • Bond Elementary School
  • NIMS Middle School
  • Florida High/Rickards School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Legal Lot and Block 5 / B
  • Assessor Parcel Number 12073-41-13-16- B-005-0

Community Details

Overview

  • Pine Ridge Mobile Home Estates Subdivision

Building Details

  • Gross Income $44,319
  • Net Operating Income $34,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 5
  • Sold Price Per Sq Ft: 358.33
  • Subdivision: Pine Ridge Mobile Home Estates
  • Tax Database Id: 9
  • Tax Item Number: 411316 B0050
  • Type: Multi-Family
  • Miscellaneous Items: Units Vary
  • L V T Date: 06/04/2023
  • Total Sq Ft: 1200
  • Year Built: 1985
  • Directions: South on Adams St. to Ridge Rd, Right on Green Valley Dr.
  • Elementary School: BOND
  • Geo Longitude: -84.2876830238342
  • High School: Florida High/Rickards
  • Middle School: NIMS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Off Grade, Some Carpet, Vinyl Tile, Vinyl, Units Vary
  • Equipment: Dead Bolt, Range, Refrigerator, Smoke Detector, Units Vary
  • Floor Plan: Story - One
  • Living Area Description: Family Room, Family Room/Dining Room, Kitchen with Bar, Kitchen/Dining Room, Kitchen/Din Rm/Liv Room, Units Vary

Exterior Features

  • Construction: Frame, Siding - Aluminum, Siding - Vinyl

Garage/Parking

  • Parking: Assigned Spaces

Utilities

  • Heating: Central, Electric, Units Vary
  • Cooling: Central, Electric, Window/Wall

Condo/Co-op/Association

  • Unit: 1

Schools

  • Elementary School: BOND
  • Middle School: NIMS
  • High School: Florida High/Rickards

Lot Info

  • Lot Dimensions: 50x82 x50x82
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year, Units Vary

Multi Family

  • Capitalization Rate: 9.8
  • Gross Income: 44319
  • Net Income: 34320
  • Operating Exp Accuracy: Broker Pro Forma
  • Owners Expenses: Insurance, Legal/Accounting, Licenses/Permits, Maintenance/Repairs, Supplies, Taxes
  • Units: 5

Tax Info

  • Assessor Parcel Number: 12073-41-13-16- B-005-0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $430,000 -4.4% $358 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $450,000 -- $375 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 359598

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)