NOT LISTED FOR SALE

1401 Lazy Brook Tallahassee, FL 32301

Hilaman Neighborhood

Estimated Value: $489,000 - $500,302

8 Beds
4 Baths
3,456 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $495,000 $143 Per Sq Ft

Current estimated payment $3,218/month

91 Days on Market

Highlights

  • Separate Formal Living Room
  • Ceramic Tile Flooring
  • Combination Kitchen and Dining Room
  • Galley Kitchen
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of January 2024

REDUCED PRICE!!! Highly desirable quadruplex conveniently located next to Hilaman Golf Course. Four 2 bedroom, 1 bath units that never have a problem staying rented. Each unit is almost 900 square feet and updates vary slightly depending on when the unit last turned. If updated, unit will have vinyl plank flooring, new counters, and newer paint. The current rents have not been raised much since residents have been there for a while, but plenty of room to increase to market rates. Stairs replaced in 2019. Close to state offices, shopping, dining, downtown, and a short run to campuses.

Last Agent to Sell the Property

Patrick Hurley

Proper Real Estate Advisors License #3062985 Listed on: 10/11/2023

Last Buyer's Agent

George Dusoe

Millenia Realty of Florida License #3117546

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,142

Year Built

  • Built in 1978

Lot Details

  • 7,841

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Frame Construction

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Utility Room

Kitchen

  • Galley Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Conley Elementary School
  • Fairview Middle School
  • Rickards High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for garbage/trash collection, lawn maintenance
  • Legal Lot and Block A / 3
  • Assessor Parcel Number 12073-31-08-16- 3-00C-0

Community Details

Overview

  • Whispering Woods Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,142

Year Built

Built in 1978

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: A
  • Sold Price Per Sq Ft: 143.23
  • Subdivision: Whispering Woods
  • Tax Database Id: 9
  • Tax Item Number: 310816 300C0
  • Type: Multi-Family
  • Miscellaneous Items: Restrictions On Pets, Units Vary
  • L V T Date: 10/11/2023
  • Total Sq Ft: 3456
  • Year Built: 1978
  • Directions: Apalachee Parkway to S. on Blairstone Road. Left on Lazy Brook
  • Elementary School: CONLEY ELEMENTARY
  • Geo Longitude: -84.250632
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic/Clay, Vinyl Tile, Units Vary
  • Equipment: Dishwasher, Disposal, Dumpster, Range, Refrigerator, Units Vary
  • Floor Plan: Story - Two plus
  • Living Area Description: Kitchen - Galley, Kitchen/Dining Room, Separate Living Room
  • Other Rooms: Utility Room - Inside

Exterior Features

  • Construction: Frame, 1575

Garage/Parking

  • Parking: Area - Unassigned

Utilities

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

Condo/Co-op/Association

  • Home Owner Feeannual: 2000

Schools

  • Elementary School: CONLEY ELEMENTARY
  • Middle School: FAIRVIEW
  • High School: RICKARDS

Lot Info

  • Lot Dimensions: 81x140x81x140
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year, Units Vary
  • Tenants Rent Includes: Garbage/Trash Collection, Lawn Maintenance

Multi Family

  • Operating Exp Accuracy: Information Limited
  • Owners Expenses: Com Area Maint/Assoc Fee, Insurance, Maintenance/Repairs, Management, Pest Control, Trash/Garbage
  • Units: 4

Tax Info

  • Assessor Parcel Number: 12073-31-08-16- 3-00C-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 23, 2024
Sold by
Jackson And Beck Family Trust
Bought by
1401 Lazy Brook Llc
Seller's Agent
Patrick Hurley
Proper Real Estate Advisors
Buyer's Agent
George Dusoe
Millenia Realty of Florida
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%
Views
360
Current Estimated Value
$494,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$349
Avg. Annual Appreciation
-0.04%
Original Mortgage
$396,000
Outstanding Balance
$389,436
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$105,215

Purchase Details

Closed on
Mar 10, 2023
Sold by
J B Enterprises Llc
Bought by
Jackson And Beck Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 5, 2015
Sold by
Jackson Tanya and Beck Robert
Bought by
J B Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 7, 2005
Sold by
Elfner Elinor A
Bought by
Beck Robert S and Jackson Tanya C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
6.75%
Mortgage Type
Commercial
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
1401 Lazy Brook Llc $495,000 None Listed On Document
1401 Lazy Brook Llc $495,000 None Listed On Document
Jackson And Beck Family Trust $100 None Listed On Document
J B Enterprises Llc $916,800 Attorney
Beck Robert S $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1401 Lazy Brook Llc $396,000
Closed 1401 Lazy Brook Llc $396,000
Previous Owner J B Enterprises Llc $944,000
Previous Owner Beck Robert S $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $495,000 0.0% $143 / Sq Ft
12/18/2023 12/18/23 Price Changed $495,000 -3.9% $143 / Sq Ft
10/11/2023 10/11/23 For Sale $515,000 -- $149 / 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 $5,142 $267,267 $75,000 $192,267
2023 $3,940 $190,003 $0 $0
2022 $3,315 $185,662 $50,000 $135,662
2021 $3,014 $157,027 $40,000 $117,027
2020 $2,969 $157,026 $40,000 $117,026
2019 $2,895 $151,482 $40,000 $111,482
2018 $2,801 $145,202 $40,000 $105,202
2017 $2,795 $143,150 $0 $0
2016 $2,778 $140,311 $0 $0
2015 -- $137,462 $0 $0
2014 -- $136,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Hurley

    Seller's Agent in 2024

    Patrick Hurley

    Proper Real Estate Advisors

    (850) 201-8880

    7 in this area

    113 Total Sales

    Patrick Hurley
    Section Image
  • George Dusoe

    Buyer's Agent in 2024

    George Dusoe

    Millenia Realty of Florida

    (850) 222-3500

    2 in this area

    101 Total Sales

    George Dusoe
    Section Image
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Map

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

MLS Number: 364465

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

APN: 31-08-16-003-00C.0

Florida Leon County Tallahassee 32301 Hilaman

1401 Lazy Brook, Tallahassee, FL

This home is located at 1401 Lazy Brook, Tallahassee, FL 32301 since 11 October 2023 and is currently estimated at $494,651, approximately $143 per square foot. This property was built in 1978. 1401 Lazy Brook is a home located in Leon County with nearby schools including J. Michael Conley Elementary School at Southwood, Fairview Middle School, and James Rickards 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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