NOT LISTED FOR SALE

1406 Shallow Brook Tallahassee, FL 32301

Hilaman Neighborhood

Estimated Value: $397,000 - $464,844

8 Beds
4 Baths
3,456 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $378,800 $110 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,823/month

58 Days on Market

Highlights

  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Utility Room
  • Eat-In Galley Kitchen
  • Combination Kitchen and Dining Room
  • Carpet

About This Home

As of March 2022

Well maintained quad in an awesome location! Rents fast & easily, Value Add with rent increases. Below market rents! This would make an excellent addition to anyone real estate portfolio or beginning a new portfolio. You could life in one and house hack the rest!

Last Agent to Sell the Property

Jules Straker

The Broker House, LLC License #3197962 Listed on: 01/14/2022

Last Buyer's Agent

Barry Bevis

Bevis Realty License #3131208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 1978

Lot Details

  • 8,756

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

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

Kitchen

  • Eat-In Galley Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Parking

  • Assigned Parking
  • Unassigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot B

Community Details

Overview

  • Whispering Pines Unrec Subdivision

Building Details

  • Gross Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,070

Year Built

Built in 1978

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: B
  • Sold Price Per Sq Ft: 109.61
  • Subdivision: Whispering pines unrec
  • Tax Item Number: 310816100B0
  • Type: Multi-Family
  • L V T Date: 01/14/2022
  • Street Designation: Drive
  • Total Sq Ft: 3456
  • Year Built: 1978
  • Directions: Blairstone rd south, left on Shallow Brook
  • Elementary School: CONLEY ELEMENTARY
  • Geo Longitude: -84.25028
  • High School: Florida High/Rickards
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Equipment: Dishwasher, Range, Refrigerator
  • Floor Plan: Story - Two plus
  • Living Area Description: Kitchen - Eat In, Kitchen - Galley, Kitchen/Dining Room, Separate Living Room
  • Other Rooms: Utility Room - Inside

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking: Area - Unassigned, Assigned Spaces

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric

Condo/Co-op/Association

  • Home Owner Feeannual: 1380

Schools

  • Elementary School: CONLEY ELEMENTARY
  • Middle School: FAIRVIEW
  • High School: Florida High/Rickards

Lot Info

  • Lot Dimensions: 75x100x75x100
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: Month To Month

Multi Family

  • Gross Income: 30900
  • Gross Rent Multiplier: 12.9
  • Operating Exp Accuracy: Broker Pro Forma, Owner Provided
  • Owners Expenses: Com Area Maint/Assoc Fee, Taxes
  • Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 15, 2022
Sold by
Gamache Gilles H and Gamache Joanne R
Bought by
Resilient Black Love Llc
Seller's Agent
Jules Straker
The Broker House, LLC
Buyer's Agent
Barry Bevis
Bevis Realty
List Price
$399,000
Sold Price
$378,800
Premium/Discount to List
-$20,200
-5.06%
Current Estimated Value
$430,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,122
Avg. Annual Appreciation
7.26%
Original Mortgage
$321,980
Outstanding Balance
$301,680
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$183,751

Purchase Details

Closed on
Oct 31, 1997
Sold by
Bedell Bettie M
Bought by
Gamache Gilles H and Gamache Joanne R

Purchase Details

Closed on
Sep 4, 1997
Sold by
Heimberger Werner E and Holmes Janice L
Bought by
Gamache Gilles H and Gamache Joanne
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
Resilient Black Love Llc $378,800 Hayward Title Group
Gamache Gilles H $73,000 --
Gamache Gilles H $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resilient Black Love Llc $321,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $378,800 -5.1% $110 / Sq Ft
01/14/2022 01/14/22 For Sale $399,000 -- $115 / 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 $5,070 $267,317 $75,000 $192,317
2023 $4,610 $238,252 $70,000 $168,252
2022 $3,316 $185,712 $50,000 $135,712
2021 $3,015 $157,077 $40,000 $117,077
2020 $2,970 $157,076 $40,000 $117,076
2019 $2,896 $151,532 $40,000 $111,532
2018 $2,802 $145,252 $40,000 $105,252
2017 $2,796 $143,200 $0 $0
2016 $2,779 $140,361 $0 $0
2015 $2,714 $137,512 $0 $0
2014 $2,714 $136,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jules Straker

    Seller's Agent in 2022

    Jules Straker

    The Broker House, LLC

    (850) 841-0097

    1 in this area

    23 Total Sales

    Jules Straker
    Section Image
  • Barry Bevis

    Buyer's Agent in 2022

    Barry Bevis

    Bevis Realty

    (850) 491-3600

    1 in this area

    185 Total Sales

    Barry Bevis
    Section Image
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Map

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

MLS Number: 341112

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

APN: 31-08-16-001-00B.0

Florida Leon County Tallahassee 32301 Hilaman

1406 Shallow Brook, Tallahassee, FL

This home is located at 1406 Shallow Brook, Tallahassee, FL 32301 since 14 January 2022 and is currently estimated at $430,922, approximately $124 per square foot. This property was built in 1978. 1406 Shallow 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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