NOT LISTED FOR SALE

Estimated Value: $512,000 - $571,000

8 Beds
4 Baths
3,400 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $277,000 $81 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,388/month

20 Days on Market

Highlights

  • Separate Formal Living Room
  • Ground Level Unit
  • Fireplace
  • Leon High School Rated A
  • Formal Dining Room
  • Breakfast Bar

About This Home

As of August 2018

100% Occupied Apartment in an Amazing location. This complex has two long term tenants in lease until 7/31/2019. The B unit (pictured) recently was updated with wood plank vinyl flooring and a lovely paint job. Owner has recently replaced the HVAC at the A and C Unit as well as replaced one staircase and some sidding on the exterior. This property has a good cash flow and would make a great investment. Please allow for 48 hour notice to schedule an appointment, Contact LA. Books available for serious buyers.

Last Agent to Sell the Property

Liz Harrison

Kent Strauss Mgt & Real Estate License #3257240 Listed on: 06/29/2018

Last Buyer's Agent

Tina Coombs

Big Fish Real Estate Services License #3147652

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,325

Year Built

  • Built in 1979

Lot Details

  • 10,019

Parking

  • Unassigned Parking

Home Design

  • Siding

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Schools

  • Ruediger Elementary School
  • Raa Middle School
  • Leon High School

Additional Features

  • Ground Level Unit
  • Central Heating and Cooling System

Community Details

  • Mallard Hills Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance, pest control
  • Assessor Parcel Number 12073-21-24-46-000-003-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,325

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Metes Bounds: Yes
  • Sold Price Per Sq Ft: 81.47
  • Subdivision: Mallard Hills
  • Tax Database Id: 9
  • Tax Item Number: 2124460000030
  • Type: Multi-Family
  • L V T Date: 06/29/2018
  • Total Sq Ft: 3400
  • Year Built: 1979
  • Directions: N. Meridian, L, Locke St.
  • Elementary School: RUEDIGER
  • Geo Longitude: -84.278061
  • High School: LEON
  • Middle School: RAA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Units Vary
  • Equipment: Dead Bolt, Dishwasher, Disposal, Range, Refrigerator
  • Fireplace: Yes
  • Floor Plan: Story - Two plus, Unit - Ground Floor, Unit - Upstairs
  • Living Area Description: Kitchen with Bar, Separate Dining Room, Separate Living Room

Exterior Features

  • Construction: Siding - Fiber Cement

Garage/Parking

  • Parking: Area - Unassigned

Utilities

  • Heating: Central
  • Cooling: Central

Condo/Co-op/Association

  • Unit: A,B,C,D

Schools

  • Elementary School: RUEDIGER
  • Middle School: RAA
  • High School: LEON

Lot Info

  • Lot Dimensions: 84x117x85x119
  • Geo Subdivision: FL

Rental Info

  • Tenants Rent Includes: Lawn Maintenance, Pest Control

Multi Family

  • Operating Exp Accuracy: Books Avail w/Contract
  • Owners Expenses: Advertising, Insurance, Maintenance/Repairs, Management, Pest Control, Taxes
  • Units: 4

Tax Info

  • Taxes: 3189
  • Assessor Parcel Number: 12073-21-24-46-000-003-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2021
Sold by
Webb Lestie Ann and Webb William Scott
Bought by
Webb 11 11 Properties Llc
Current Estimated Value
$535,634

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 10, 2018
Sold by
Matthews Paul and Matthews Crystal
Bought by
Webb Lestie Ann and Webb Wiliam Scott
Seller's Agent
Liz Harrison
Kent Strauss Mgt & Real Estate
Buyer's Agent
Tina Coombs
Big Fish Real Estate Services
List Price
$295,000
Sold Price
$277,000
Premium/Discount to List
-$18,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$207,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2016
Sold by
Locke Street Llc
Bought by
Mathews Paul and Mathews Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2011
Sold by
Cooke Frank L and Cooke Andrea L
Bought by
Locke Street Llc

Purchase Details

Closed on
May 19, 2000
Sold by
Cooke Andrea L and Cheek Andrea L
Bought by
Cooke Frank L
Source: Public Records

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Range of Values:

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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
Webb 11 11 Properties Llc -- None Available
Webb Lestie Ann $277,000 Attorney
Mathews Paul $255,000 None Available
Locke Street Llc $259,500 Attorney
Cooke Frank L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Lestie Ann $207,750
Previous Owner Mathews Paul $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $277,000 -6.1% $81 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $295,000 -- $87 / 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 $5,325 $285,375 $70,000 $215,375
2023 $4,898 $248,632 $0 $0
2022 $4,246 $226,029 $55,000 $171,029
2021 $3,601 $187,621 $40,000 $147,621
2020 $3,548 $187,620 $40,000 $147,620
2019 $3,453 $180,656 $40,000 $140,656
2018 $3,333 $172,766 $40,000 $132,766
2017 $3,323 $170,192 $0 $0
2016 $3,298 $166,569 $0 $0
2015 $3,315 $162,990 $0 $0
2014 $3,315 $166,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 295638

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

APN: 21-24-46-000-003.0