NOT LISTED FOR SALE

1400 N M l King jr Blvd Unit 1400 & 1402 Tallahassee, FL 32303

Levy Park Neighborhood

Estimated Value: $162,813 - $199,000

3 Beds
2 Baths
1,152 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $195,000 $169 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,132/month

103 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Space Heater
  • Leon High School Rated A
  • 1-Story Property

About This Home

As of December 2023

Calling all investors and first time home buyers! Great investment opportunity or you can live in one side and have the other side pay down your mortgage! This charming duplex is in the heart of Tallahassee. Located at the intersection of 7th Avenue and N Martin Luther King Jr, you are located in the middle of Levy Park and are walking distance to many restaurants, shops, and the infamous Lake Ella! One side of the duplex is a 2/1 with recently refinished original hardwood floors and new carpet throughout. The bathroom was also just completely renovated. A brand new roof was just put on the entire building! The other side is a studio apartment that is currently rented for $425/Mo.

Last Agent to Sell the Property

Clay Spaulding

Proper Real Estate Advisors License #3431739 Listed on: 08/02/2023

Last Buyer's Agent

Kandis May

Blue Legacy Real Estate Group License #3447544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 1930

Lot Details

  • 3,441

Parking

  • Unassigned Parking

Home Design

  • Cedar

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Range

Flooring

  • Wood
  • Carpet

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater

Community Details

  • Sunniland Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Legal Lot and Block 19 / C
  • Assessor Parcel Number 12073-21-25-80- C-019-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,630

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 19
  • Sold Price Per Sq Ft: 169.27
  • Subdivision: SUNNILAND
  • Tax Database Id: 9
  • Tax Item Number: 212580 C0190
  • Type: Multi-Family
  • L V T Date: 08/02/2023
  • Street Designation: Boulevard
  • Total Sq Ft: 1152
  • Year Built: 1930
  • Directions: West on 7th, at intersection of MLK and 7th.
  • Elementary School: RUEDIGER
  • Geo Longitude: -84.2857229634625
  • High School: LEON
  • Middle School: RAA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Wood
  • Equipment: Range, Refrigerator
  • Fireplace: Yes
  • Floor Plan: Story - One

Exterior Features

  • Construction: Redwood/Cedar/Cypress

Garage/Parking

  • Parking: Area - Unassigned

Utilities

  • Heating: Space Heater
  • Cooling: Window/Wall

Condo/Co-op/Association

  • Unit: 1400 & 1402

Schools

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

Lot Info

  • Lot Dimensions: 50X68X50X68

Rental Info

  • Tenants Rent Includes: Lawn Maintenance

Multi Family

  • Operating Exp Accuracy: Information Limited
  • Owners Expenses: Maintenance/Repairs
  • Units: 2

Tax Info

  • Assessor Parcel Number: 12073-21-25-80- C-019-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Dec 14, 2023
Sold by
Schnitzer Bill C and Schnitzer Nancy R
Bought by
Alexis Leah J
Seller's Agent
Clay Spaulding
Proper Real Estate Advisors
Buyer's Agent
Kandis May
Blue Legacy Real Estate Group
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%
Total Days on Market
103
Views
233
Current Estimated Value
$187,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,297
Avg. Annual Appreciation
-2.58%
Original Mortgage
$230,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Jan 27, 2023
Sold by
Schnitzer Bill
Bought by
Schnitzer Bill C and Schnitzer Nancy R

Purchase Details

Closed on
Nov 25, 2003
Sold by
Boisvert Paul T
Bought by
Schnitzer Bill
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
Alexis Leah J $195,000 Hayward Title Group
Schnitzer Bill C $100 --
Schnitzer Bill $21,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexis Leah J $240,000
Closed Alexis Leah J $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $195,000 +2.1% $169 / Sq Ft
09/11/2023 09/11/23 Price Changed $191,000 -2.1% $166 / Sq Ft
08/16/2023 08/16/23 Price Changed $195,000 -2.0% $169 / Sq Ft
08/02/2023 08/02/23 For Sale $199,000 -- $173 / 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 $1,630 -- -- --
2023 $1,864 $94,302 $0 $0
2022 $1,620 $87,581 $17,500 $70,081
2021 $1,496 $77,935 $15,000 $62,935
2020 $1,426 $75,418 $15,000 $60,418
2019 $1,341 $70,143 $15,000 $55,143
2018 $1,293 $67,021 $15,000 $52,021
2017 $1,288 $65,999 $0 $0
2016 $1,259 $63,573 $0 $0
2015 $1,224 $62,934 $0 $0
2014 $1,224 $61,415 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Clay Spaulding

    Seller's Agent in 2023

    Clay Spaulding

    Proper Real Estate Advisors

    (850) 491-3212

    Section Image
  • Kandis May

    Buyer's Agent in 2023

    Kandis May

    Blue Legacy Real Estate Group

    (850) 459-3210

    1 in this area

    38 Total Sales

    Kandis May
    Section Image
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Map

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

MLS Number: 361995

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

APN: 21-25-80-00C-019.0

Florida Leon County Tallahassee 32303 Levy Park

1400 N M l King jr Blvd Unit 1400 & 1402, Tallahassee, FL

This home is located at 1400 N M l King jr Blvd Unit 1400 & 1402, Tallahassee, FL 32303 since 02 August 2023 and is currently estimated at $187,703, approximately $162 per square foot. This property was built in 1930. 1400 N M l King jr Blvd Unit 1400 & 1402 is a home located in Leon County with nearby schools including Ruediger Elementary School, Augusta Raa Middle School, and Leon 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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