NOT LISTED FOR SALE

1272 Ocala Rd Unit 3 Tallahassee, FL 32304

University Neighborhood
12 Beds
9 Baths
3,840 Sq Ft
1995 Built

Last Sold March 22, 2021

Last sale price $390,000 $102 Per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Combination Kitchen and Dining Room
  • Washer and Dryer
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of March 2021

Great investment property. Drive by only. Do not disturb tenants. Nice property and very good cash flow. Well maintained and new roof in 2016. This has been consistently rented out over the past 3+ years with no vacancies. Rare find and close to TCC, FSU and bus stop.

Last Agent to Sell the Property

Marcia Jacon

EXP Realty, LLC License #3343238 Listed on: 03/17/2021

EXP Realty, LLC

Last Buyer's Agent

Cole Davis

The Naumann Group Real Estate License #3357739

The Naumann Group Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Parking

  • Unassigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Utility Room Outside
  • Washer and Dryer
  • Fire and Smoke Detector

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Legal Lot and Block 4 / 004
  • Assessor Parcel Number 12073-21-27-17-000-004-1

Community Details

Overview

  • Sandy Springs Unrec Subdivision

Building Details

  • Gross Income $42,000
  • Net Operating Income $35,522

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 4
  • Sold Price Per Sq Ft: 101.56
  • Subdivision: Sandy Springs Unrec
  • Tax Database Id: 9
  • Tax Item Number: 2127170000041
  • Type: Multi-Family
  • L V T Date: 03/17/2021
  • Street Designation: Road
  • Total Sq Ft: 3840
  • Year Built: 1995
  • Directions: W on Tharpe, S on Ocala turn R on Rumba, then turn left. Tri-plex on the left. Units #1280/1276/1272
  • Elementary School: RILEY
  • Geo Longitude: -84.318269
  • High School: GODBY
  • Middle School: GRIFFIN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic/Clay
  • Equipment: Dishwasher, Disposal, Range, Refrig/Icemaker, Smoke Detector, Wash/Dry All, Units Vary
  • Floor Plan: Story - Two plus
  • Living Area Description: Kitchen/Din Rm/Liv Room
  • Other Rooms: Utility Room - Outside

Exterior Features

  • Construction: Siding - Vinyl

Garage/Parking

  • Parking: Area - Unassigned

Utilities

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

Condo/Co-op/Association

  • Unit: 3

Schools

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

Lot Info

  • Lot Dimensions: 88x175
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year
  • Tenants Rent Includes: Lawn Maintenance

Multi Family

  • Capitalization Rate: 8.7%
  • Expenses: 6478
  • Gross Income: 42000
  • Net Income: 35522
  • Operating Exp Accuracy: Owner Provided
  • Owners Expenses: Insurance, Maintenance/Repairs, Taxes
  • Units: 3

Tax Info

  • Taxes: 3890
  • Assessor Parcel Number: 12073-21-27-17-000-004-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Mar 22, 2021
Sold by
Cranston Darrell E
Bought by
Jars Contracting Llc
Seller's Agent
Marcia Jacon
EXP Realty, LLC
Buyer's Agent
Cole Davis
The Naumann Group Real Estate
List Price
$410,000
Sold Price
$390,000
Premium/Discount to List
-$20,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$283,601
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2020
Sold by
Thompson Melissa Lynn
Bought by
Cranston Darrell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2016
Sold by
Bauserman John M and Bauserman Joy W
Bought by
Thompson Melissa Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.47%
Mortgage Type
New Conventional
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
Jars Contracting Llc $390,000 Attorney
Cranston Darrell E $305,000 Owen Title Company Inc
Thompson Melissa Lynn $250,000 Owen Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jars Contracting Llc $312,000
Previous Owner Cranston Darrell E $299,475
Previous Owner Cranston Darrell E $11,979
Previous Owner Thompson Melissa $210,050
Previous Owner Thompson Melissa Lynn $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $390,000 -4.9% $102 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $410,000 -- $107 / 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

  • M

    Seller's Agent in 2021

    Marcia Jacon

    EXP Realty, LLC

    Section Image
  • Cole Davis

    Buyer's Agent in 2021

    Cole Davis

    The Naumann Group

    (850) 545-2111

    26 in this area

    199 Total Sales

    Cole Davis
    Section Image
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Map

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

MLS Number: 329788

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

APN: 21-27-17-000-004.1

Florida Leon County Tallahassee 32304 University

1272 Ocala Rd Unit 3, Tallahassee, FL

This home is located at 1272 Ocala Rd Unit 3, Tallahassee, FL 32304 since 17 March 2021. This property was built in 1995. 1272 Ocala Rd Unit 3 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.
Information is deemed reliable but not guaranteed.

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