$264,000
SOLD OCT 4, 2017

1285 Rumba Ln Unit ? Tallahassee, FL 32304

University Neighborhood
12 Beds
9 Baths
3,840 Sq Ft
0.39 Acres

Recently Sold

$69 Per Sq Ft

2% Below List Price

877 Days on Market

Highlights

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

About This Home

As of December 2019

Very low vacancy rate. Tremendous rate of return. New Roof 6/17. Low maintenance property ready for your personal touch. Large (1280 sq ft) and galley kitchen, separate laundry room on site and duel guest/private bath. Ceramic Tile floors highlight the low maintenance feature of this property. Close to bus stop and to Campus. Walking distance to eateries on Tennessee Street. All three units currently rented under long term contracts. Call Listing Agent for showings.

Last Agent to Sell the Property

John Bauserman

Superior Realty Group LLC License #625168 Listed on: 04/19/2015

Last Buyer's Agent

Jennifer Dodson-Tardif

Florida Management Associates, License #3316015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,494

Year Built

  • Built in 1995

Parking

  • Unassigned Parking

Home Design

  • Frame Construction
  • 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

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Home Security

  • Home Security System
  • Fire and Smoke Detector

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 10 / ?
  • Assessor Parcel Number 12073-21-27-17-000-010-0

Community Details

Overview

  • Sandy Springs Subdivision

Building Details

  • Gross Income $39,000
  • Net Operating Income $8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,494

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 10
  • Sold Price Per Sq Ft: 68.75
  • Subdivision: Sandy Springs
  • Tax Database Id: 9
  • Tax Item Number: 2127170000100
  • Type: Multi-Family
  • Street Designation: Lane
  • Total Sq Ft: 3840
  • Year Built: 1995
  • Directions: Tharpe, W to Ocala, Lt on Ocala, Rt - Rumba, last Lt
  • Elementary School: RILEY
  • Geo Longitude: -84.3188324
  • High School: GODBY
  • Middle School: GRIFFIN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction: Frame, Siding - Vinyl

Garage/Parking

  • Parking: Area - Unassigned

Utilities

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

Condo/Co-op/Association

  • Unit: ?

Schools

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

Lot Info

  • Lot Dimensions: 80X120
  • Geo Subdivision: FL

Rental Info

  • Tenants Rent Includes: Lawn Maintenance

Multi Family

  • Capitalization Rate: 8
  • Expenses: 17650
  • Gross Income: 39000
  • Gross Rent Multiplier: 79.7
  • Net Income: 8
  • Operating Exp Accuracy: Books Avail w/Contract
  • Owners Expenses: Insurance, Taxes
  • Units: 3

Tax Info

  • Taxes: 3465
  • Assessor Parcel Number: 12073-21-27-17-000-010-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Dec 2, 2019
Sold by
Lee Daniel Paul and Lee Nelisa
Bought by
Uzonyi Raymond
Seller's Agent
Jennifer Dodson-Tardif
Florida Management Associates,
Buyer's Agent
Raymond Uzonyi
LPT Realty
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Current Estimated Value
$442,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,001
Avg. Annual Appreciation
5.96%
Original Mortgage
$299,653
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 19, 2015
Closed on
Sep 27, 2017
Sold by
Pearson Christopher S
Bought by
Lee Iidaniel Paul and Da Silva Nelisa Jacqueline
Seller's Agent
John Bauserman
Superior Realty Group LLC
Buyer's Agent
Jennifer Dodson-Tardif
Florida Management Associates,
List Price
$269,000
Sold Price
$264,000
Premium/Discount to List
-$5,000
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$198,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Mossy Oak Real Estate Inc
Bought by
Pearson Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6%
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 Type Sale Price Title Company
Warranty Deed $310,000 North Florida Title Company
Warranty Deed $264,000 Owen Title Co Inc
Warranty Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Closed $7,509 FHA
Closed $299,653 FHA
Previous Owner $198,000 New Conventional
Previous Owner $240,000 Commercial
Previous Owner $185,500 New Conventional
Closed $30,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $310,000 -3.1% $81 / Sq Ft
09/26/2019 09/26/19 For Sale $320,000 +21.2% $83 / Sq Ft
10/04/2017 10/04/17 Sold $264,000 -1.9% $69 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
08/16/2017 08/16/17 Price Changed $269,000 0.0% $70 / Sq Ft
08/16/2017 08/16/17 For Sale $269,000 +1.9% $70 / Sq Ft
08/10/2015 08/10/15 Off Market $264,000 -- --
04/19/2015 04/19/15 For Sale $259,000 -- $67 / 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 $5,494 $321,563 $60,000 $261,563
2023 $3,720 $205,683 $0 $0
2022 $3,204 $217,146 -- --
2021 $3,204 $176,404 $0 $0
2020 $2,857 $177,053 $0 $0
2019 $3,485 $182,342 $35,000 $147,342
2018 $3,394 $175,917 $35,000 $140,917
2017 $3,416 $174,982 $0 $0
2016 $3,423 $172,846 $0 $0
2015 $3,610 $181,301 $0 $0
2014 $3,610 $181,077 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jennifer Dodson-Tardif

    Florida Management Associates,

    Section Image
  • Raymond Uzonyi

    Buyer's Agent in 2019

    Raymond Uzonyi

    LPT Realty

    (904) 708-2675

    8 in this area

    72 Total Sales

    Raymond Uzonyi
    Section Image

  • J

    Seller's Agent in 2017

    John Bauserman

    Superior Realty Group LLC

    (850) 212-1335

    1 in this area

    8 Total Sales

    John Bauserman
    Section Image
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Map

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

MLS Number: 256489

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

APN: 21-27-17-000-010.0

Florida Leon County Tallahassee 32304 University

1285 Rumba Ln Unit ?, Tallahassee, FL

This home is located at 1285 Rumba Ln Unit ?, Tallahassee, FL 32304 and is currently priced at $264,000, approximately $68 per square foot. This property was built in 1995. 1285 Rumba Ln Unit ? 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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