NOT LISTED FOR SALE

1316 Rumba Ln Tallahassee, FL 32304

University Neighborhood

Estimated Value: $247,000 - $350,000

3 Beds
3 Baths
2,256 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $175,000 $78 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,935/month

38 Days on Market

Highlights

  • Great Room
  • Washer and Dryer
  • Carpet
  • Central Air

About This Home

As of June 2021

For Comps only.... Investor Approached Owner

Last Agent to Sell the Property

Erik Seise

Bevis Realty License #3408489 Listed on: 05/20/2021

Co-Listed By

Barry Bevis

Bevis Realty License #3131208

Last Buyer's Agent

Barry Bevis

Bevis Realty License #3131208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1980

Lot Details

  • 0.4

Parking

  • Unassigned Parking

Home Design

  • Frame Construction

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Sandy Springs Subdivision
  • Gross Income $23,400

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Tax Lot 8
  • Assessor Parcel Number 12073-21-27-17-000-008-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,845

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lot: 8
  • Metes Bounds: Yes
  • Sold Price Per Sq Ft: 77.57
  • Subdivision: Sandy Springs
  • Tax Database Id: 9
  • Tax Item Number: 2127170000080
  • Type: Multi-Family
  • L V T Date: 05/20/2021
  • Street Designation: Lane
  • Total Sq Ft: 2256
  • Year Built: 1980
  • Directions: Off Ocala Between Tharp and Tennessee
  • Elementary School: RILEY
  • Geo Longitude: -84.31953
  • High School: GODBY
  • Middle School: GRIFFIN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Equipment: Dishwasher, Disposal, Range, Refrigerator, Wash/Dry All
  • Floor Plan: Story - Two plus
  • Living Area Description: Great Room

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking: Area - Unassigned

Utilities

  • Heating: Heat Pump
  • Cooling: Central, Heat Pump

Schools

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

Lot Info

  • Lot Dimensions: 200x114
  • Geo Subdivision: FL

Rental Info

  • Tenants Rent Includes: Lawn Maintenance

Multi Family

  • Gross Income: 23400
  • Operating Exp Accuracy: Books Avail w/Contract
  • Owners Expenses: Pest Control
  • Units: 3

Tax Info

  • Assessor Parcel Number: 12073-21-27-17-000-008-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 30, 2021
Sold by
Equity Base Properties Llc
Bought by
Marean Properties Llc
Seller's Agent
Erik Seise
Bevis Realty
Buyer's Agent
Barry Bevis
Bevis Realty
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
Current Estimated Value
$298,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,676
Avg. Annual Appreciation
13.57%

Purchase Details

Closed on
May 3, 2011
Sold by
Arnold Robert W and Arnold Margaret P
Bought by
Equity Base Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,195,000
Interest Rate
4.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1997
Sold by
Kennedy Brad
Bought by
Arnold Robert W and Arnold Margaret P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,322
Interest Rate
7.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marean Properties Llc $175,000 Hayward Title Group
Equity Base Properties Llc -- Attorney
Arnold Robert W $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Equity Base Properties Llc $1,195,000
Previous Owner Arnold Robert W $78,314
Previous Owner Arnold Robert W $71,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $175,000 0.0% $78 / Sq Ft
05/25/2021 05/25/21 Off Market $175,000 -- --
05/20/2021 05/20/21 For Sale $179,000 0.0% $79 / Sq Ft
07/15/2020 07/15/20 Rented $650 0.0% --
07/06/2020 07/06/20 For Rent $650 -- --
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 $3,845 $217,477 $60,000 $157,477
2023 $3,561 $175,449 $0 $0
2022 $2,996 $159,499 $40,000 $119,499
2021 $2,343 $122,046 $35,000 $87,046
2020 $2,308 $122,046 $35,000 $87,046
2019 $2,255 $117,953 $35,000 $82,953
2018 $2,186 $113,317 $35,000 $78,317
2017 $2,183 $111,802 $0 $0
2016 $2,166 $109,382 $0 $0
2015 $2,225 $112,937 $0 $0
2014 $2,225 $111,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erik Seise

    Seller's Agent in 2021

    Erik Seise

    Bevis Realty

    (904) 403-8938

    11 in this area

    61 Total Sales

    Erik Seise
    Section Image
  • Barry Bevis

    Seller Co-Listing Agent in 2021

    Barry Bevis

    Bevis Realty

    (850) 491-3600

    23 in this area

    184 Total Sales

    Barry Bevis
    Section Image
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Map

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

MLS Number: 332560

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

APN: 21-27-17-000-011.0

Florida Leon County Tallahassee 32304 University

1316 Rumba Ln, Tallahassee, FL

This home is located at 1316 Rumba Ln, Tallahassee, FL 32304 since 20 May 2021 and is currently estimated at $298,676, approximately $132 per square foot. This property was built in 1980. 1316 Rumba Ln 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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