NOT LISTED FOR SALE

1215 Spring Oaks Ln Unit Nine units Tallahassee, FL 32305

South Tallahassee Neighborhood

Estimated Value: $288,304

8 Beds
6 Baths
6,980 Sq Ft
$41/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $61,127 $9 Per Sq Ft

Est. 372% increase in value since last sale

Current estimated payment $1,725/month

599 Days on Market

About This Home

As of September 2018

ACCEPTING ADDITIONAL OFFERS WHILE CONTINGENCIES ARE SATISFIED. Closing extended to August 31, 2018. Here is an opportunity to add value to a promising property with considerable potential (see Associated Documents). Myers Park Lane LLC is Broker's investment company. Broker interested in reducing workload ... re-retiring as it were. This 9-unit mobile home park is a great opportunity for a buyer or investor to rebuild. Four of the nine units should be rehabbed/replaced (see Associated Documents). Ten years of financials available with contract. Seller will consider financing to make it possible with 10% to 30% down, 10- to 20-year amortization, 5- to 10-year balloon, with an agreeable rate of interest. Buy either or both. Make your best offer and lets see if we can make it work.

Last Agent to Sell the Property

Curtis Baynes

C E Baynes & Associates LLC License #3084142 Listed on: 06/22/2016

Last Buyer's Agent

Maria McCreless

Capregion Realty Services, LLC License #3381131

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,339

Year Built

  • 1982

Lot Details

  • 2

Parking

  • Assigned Parking

Home Design

  • Aluminum Siding

Interior Spaces

  • 6,980 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Range

Outdoor Features

  • Patio

Schools

  • Oak Ridge Elementary School
  • NIMS Middle School
  • Rickards High School

Community Details

  • Springwood Mobile Home Park Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance, water, units vary
  • Assessor Parcel Number 12073-41-23-20-035-000-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,339

Year Built

1982

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Metes Bounds: Yes
  • Sold Price Per Sq Ft: 8.76
  • Subdivision: Springwood Mobile Home Park
  • Tax Database Id: 9
  • Tax Item Number: 4123200350000
  • Type: Multi-Family
  • Miscellaneous Items: Patio - Individual, Units Vary
  • L V T Date: 07/07/2016
  • Street Designation: Lane
  • Total Sq Ft: 6980
  • Directions: Ballard Rd 1/4 mile N of Balkin
  • Elementary School: OAK RIDGE
  • Geo Longitude: -84.29787
  • High School: RICKARDS
  • Middle School: NIMS
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1982

Interior Features

  • Flooring: Units Vary
  • Equipment: Range, Refrigerator, Smoke Detector
  • Floor Plan: Story - One
  • Living Area Description: Units Vary
  • Other Rooms: Units Vary

Exterior Features

  • Construction: Siding - Aluminum

Garage/Parking

  • Parking: Assigned Spaces

Utilities

  • Heating: Units Vary
  • Cooling: Units Vary

Condo/Co-op/Association

  • Unit: Nine units

Schools

  • Elementary School: OAK RIDGE
  • Middle School: NIMS
  • High School: RICKARDS

Lot Info

  • Lot Dimensions: 175 x 550
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year
  • Tenants Rent Includes: Lawn Maintenance, Water, Units Vary

Multi Family

  • Operating Exp Accuracy: Broker Pro Forma, Owner Provided
  • Owners Expenses: Advertising, Electric, Insurance, Legal/Accounting, Licenses/Permits, Maintenance/Repairs, Management, Supplies, Taxes, Utilities, Water/Sewer
  • Units: 9

Tax Info

  • Taxes: 1832
  • Assessor Parcel Number: 12073-41-23-20-035-000-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Mulvehill James
Bought by
Spring Oaks Fl Llc
Total Days on Market
599
Current Estimated Value
$288,304

Purchase Details

Closed on
Jun 17, 2020
Sold by
Spring Oaks Park Llc
Bought by
Kiwi Homes Llc

Purchase Details

Listed on
Jun 22, 2016
Closed on
Sep 17, 2018
Sold by
Myers Park Lane Llc
Bought by
Spring Oaks Park Llc
Seller's Agent
Curtis Baynes
C E Baynes & Associates LLC
Buyer's Agent
Maria McCreless
Capregion Realty Services, LLC
List Price
$109,000
Sold Price
$61,127
Premium/Discount to List
-$47,873
-43.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.70%
Original Mortgage
$51,127
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 14, 2008
Sold by
Revell Betty Yates
Bought by
Myers Park Lane Llc

Purchase Details

Closed on
Jan 12, 2007
Sold by
Revell Dardra and Revell Freeman Dardra
Bought by
Revell Betty Yates

Purchase Details

Closed on
Aug 31, 2001
Sold by
Reed Michael and Reed Denise
Bought by
Freeman Dardra Revell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,907
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 1998
Sold by
Mccoy Carl
Bought by
Reed Michael and Reed Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.07%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spring Oaks Fl Llc $100 None Listed On Document
Mulvehill James $280,000 None Listed On Document
Kiwi Homes Llc $160,000 Attorney
Spring Oaks Park Llc $61,200 Attorney
Myers Park Lane Llc $145,000 Owen Title Company Inc
Revell Betty Yates -- None Available
Freeman Dardra Revell $141,500 --
Reed Michael $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spring Oaks Park Llc $51,127
Previous Owner Freeman Dardra Revell $89,907
Previous Owner Reed Michael $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $61,127 -43.9% $9 / Sq Ft
03/29/2018 03/29/18 For Sale $109,000 0.0% $16 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
03/02/2018 03/02/18 Price Changed $109,000 -15.5% $16 / Sq Ft
10/28/2017 10/28/17 Price Changed $129,000 -13.4% $18 / Sq Ft
03/31/2017 03/31/17 Price Changed $149,000 -25.1% $21 / Sq Ft
12/21/2016 12/21/16 Price Changed $199,000 -17.1% $29 / Sq Ft
07/14/2016 07/14/16 For Sale $240,000 -- $34 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,339 $102,580 $50,000 $52,580
2023 $1,929 $98,406 $0 $0
2022 $1,773 $89,460 $50,000 $39,460
2021 $1,773 $72,734 $50,000 $22,734
2020 $934 $32,059 $30,000 $2,059
2019 $1,301 $32,070 $30,000 $2,070
2018 $1,731 $60,043 $30,000 $30,043
2017 $1,762 $61,127 $0 $0
2016 $0 $62,295 $0 $0
2015 $1,848 $63,150 $0 $0
2014 $1,848 $63,397 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Curtis Baynes

    C E Baynes & Associates LLC

    (850) 556-0948

    Curtis Baynes
    Section Image
  • Maria McCreless

    Buyer's Agent in 2018

    Maria McCreless

    Capregion Realty Services, LLC

    (850) 766-4785

    Section Image
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Map

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

MLS Number: 271643

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

APN: 41-23-20-035-000.0

Florida Leon County Tallahassee 32305 South Tallahassee

1215 Spring Oaks Ln Unit Nine units, Tallahassee, FL

This home is located at 1215 Spring Oaks Ln Unit Nine units, Tallahassee, FL 32305 since 22 June 2016 and is currently estimated at $288,304, approximately $41 per square foot. This property was built in 1982. 1215 Spring Oaks Ln Unit Nine units is a home located in Leon County with nearby schools including Oak Ridge Elementary School, R. Frank Nims Middle School, and James Rickards High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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