NOT LISTED FOR SALE

1406 Shallow Brook Tallahassee, FL 32301

Hilaman Neighborhood

Estimated Value: $392,000 - $508,000

8 Beds
4 Baths
3,456 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2022

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

Est. 21% increase in value since last sale

Current estimated payment $2,840 / mo

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

EXP Realty, LLC License #3197962 Listed on: 01/14/2022

EXP Realty, LLC

Last Buyer's Agent

Barry Bevis

Bevis Realty License #3131208

Property Details

Home Type

  • Multi-Family

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

Year Built

Built in 1978

Lot Details

8,756 Sq Ft Lot

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

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
EXP Realty, 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
$457,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,047
Avg. Annual Appreciation
4.73%
Original Mortgage
$321,980
Outstanding Balance
$298,404
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$159,443

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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

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
2025 $3,573 $186,050 $80,000 $106,050
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

    EXP Realty, LLC

    (850) 841-0097

    1 in this area

    18 Total Sales

    Jules Straker
    Section Image
  • Barry Bevis

    Buyer's Agent in 2022

    Barry Bevis

    Bevis Realty

    (850) 491-3600

    1 in this area

    167 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

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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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