NOT LISTED FOR SALE

1266 Ocala Rd Tallahassee, FL 32304

University Neighborhood
3 Beds
4 Baths
2,142 Sq Ft
4,356 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $145,000 $68 Per Sq Ft

92 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Ground Level Unit
  • Walk-In Closet
  • Deck
  • Eat-In Kitchen
  • Ceramic Tile Flooring

About This Home

As of April 2018

Fantastic investment opportunity for either owner-occupant or private investor. Enjoy a prime location just 1.3 miles away from FSU's main campus, newer construction in 2009 build, and private parking for tenants. This duplex features a downstairs unit with 1 bedroom & 1 full bathroom, and upstairs unit features 2 bedrooms & 2.5 bathrooms w/ each bedroom including a full bath en suite. Private balconies located off the main living areas and each bedroom, w/ downstairs unit including private entrance to bedroom, and both units wired w/ security systems. See offering memorandum for complete lease breakdown & financials.

Last Agent to Sell the Property

John McLaughlin

Canopy Road Realty License #3269952 Listed on: 01/11/2018

Last Buyer's Agent

Zhongli Wang

Sunflower Real Estate LLC License #3348976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 2009

Lot Details

  • 4,356

Parking

  • Unassigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family or Dining Combination
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet

Schools

  • Riley Elementary School
  • Griffin Middle School
  • Godby High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • Deck
  • Ground Level Unit

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 12073-21-27-31- A-001-3

Community Details

Overview

  • Continental Oaks Subdivision

Building Details

  • Gross Income $17,700
  • Net Operating Income $12,354

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,952

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 1
  • Sold Price Per Sq Ft: 67.69
  • Subdivision: Continental Oaks
  • Tax Database Id: 9
  • Tax Item Number: 212731 A0013
  • Type: Multi-Family
  • Miscellaneous Items: Deck
  • L V T Date: 01/11/2018
  • Total Sq Ft: 2142
  • Year Built: 2009
  • Directions: W. Tenn, R on Ocala, on L just after Continental Ave
  • Elementary School: RILEY
  • Geo Longitude: -84.318251
  • High School: GODBY
  • Middle School: GRIFFIN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic/Clay, Vinyl Tile
  • Equipment: Dead Bolt, Dishwasher, Disposal, Dumpster, Microwave, Range, Refrig/Icemaker
  • Floor Plan: Story - Two plus, Unit - Ground Floor, Unit - Upstairs
  • Living Area Description: Family Room/Dining Room, Kitchen - Eat In
  • Other Rooms: Master Bedroom - Down, Master Bedroom - Up, Utility Room - Inside, Walk in Closet, Units Vary

Exterior Features

  • Construction: Siding - Vinyl

Garage/Parking

  • Parking: Area - Unassigned

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric, Fans - Ceiling, Heat Pump

Schools

  • Elementary School: RILEY
  • Middle School: GRIFFIN
  • High School: GODBY

Lot Info

  • Lot Dimensions: 196x22
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: Units Vary

Multi Family

  • Capitalization Rate: 7.31
  • Expenses: 5345
  • Gross Income: 17700
  • Net Income: 12354
  • Operating Exp Accuracy: Information Limited
  • Owners Expenses: Advertising, Insurance, Maintenance/Repairs, Management, Supplies
  • Units: 2
  • Vacancy: 100

Tax Info

  • Taxes: 2799
  • Assessor Parcel Number: 12073-21-27-31- A-001-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
May 1, 2018
Sold by
Marques Tony P and Marques Susana P
Bought by
Zheng Zili and Zhu Ping
Seller's Agent
John McLaughlin
Canopy Road Realty
Buyer's Agent
Zhongli Wang
Sunflower Real Estate LLC
List Price
$169,000
Sold Price
$145,000
Premium/Discount to List
-$24,000
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$108,750
Outstanding Balance
$94,518
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$196,337

Purchase Details

Listed on
Jan 11, 2018
Closed on
Apr 30, 2018
Sold by
Marques Tony P and Marques Susana P
Bought by
Zheng Zili and Zhu Ping
Seller's Agent
John McLaughlin
Canopy Road Realty
Buyer's Agent
Zhongli Wang
Sunflower Real Estate LLC
List Price
$169,000
Sold Price
$145,000
Premium/Discount to List
-$24,000
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$94,518
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$196,337

Purchase Details

Listed on
Dec 14, 2011
Closed on
Apr 11, 2013
Sold by
Hancock Bank
Bought by
Marques Tony P and Marques Susana P
Seller's Agent
Damon Hutchison
Capital City Real Estate Group
Buyer's Agent
Dan Kalicki
Dan Kalicki Realty LLC
List Price
$206,300
Sold Price
$132,500
Premium/Discount to List
-$73,800
-35.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$95,250
Interest Rate
3.52%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Zheng Zili $145,000 North Florida Title
Zheng Zili $145,000 North Florida Title Co
Marques Tony P $134,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Zili $108,750
Closed Zheng Zili $108,750
Previous Owner Marques Tony P $95,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $145,000 -14.2% $68 / Sq Ft
01/11/2018 01/11/18 For Sale $169,000 +27.5% $79 / Sq Ft
04/15/2013 04/15/13 Sold $132,500 -35.8% $62 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
12/14/2011 12/14/11 For Sale $206,300 -- $96 / 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 $3,952 $214,068 $45,000 $169,068
2023 $3,662 $183,686 $0 $0
2022 $3,142 $168,031 $30,000 $138,031
2021 $2,914 $151,806 $30,000 $121,806
2020 $2,896 $153,185 $30,000 $123,185
2019 $2,841 $148,654 $30,000 $118,654
2018 $2,762 $143,199 $30,000 $113,199
2017 $2,800 $143,418 $0 $0
2016 $2,809 $141,843 $0 $0
2015 $2,620 $131,546 $0 $0
2014 $2,620 $131,413 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John McLaughlin

    Seller's Agent in 2018

    John McLaughlin

    Canopy Road Realty

    (850) 296-2864

    4 in this area

    35 Total Sales

    John McLaughlin
    Section Image
  • Zhongli Wang

    Buyer's Agent in 2018

    Zhongli Wang

    Sunflower Real Estate LLC

    (850) 445-0033

    12 in this area

    165 Total Sales

    Zhongli Wang
    Section Image
  • Damon Hutchison

    Seller's Agent in 2013

    Damon Hutchison

    Capital City Real Estate Group

    (850) 570-6113

    2 in this area

    64 Total Sales

    Damon Hutchison
    Section Image

  • D

    Buyer's Agent in 2013

    Dan Kalicki

    Dan Kalicki Realty LLC

    Section Image
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Map

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

MLS Number: 288965

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

APN: 21-27-31-00A-001.3

Florida Leon County Tallahassee 32304 University

1266 Ocala Rd, Tallahassee, FL

This home is located at 1266 Ocala Rd, Tallahassee, FL 32304 since 11 January 2018. This property was built in 2009. 1266 Ocala Rd is a home located in Leon County with nearby schools including John G Riley Elementary School, Griffin Middle School, and Amos P. Godby 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.
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