NOT LISTED FOR SALE

1445 Willow Bend Way Unit A-D Tallahassee, FL 32301

Hilaman Neighborhood

Estimated Value: $186,000 - $576,000

8 Beds
4 Baths
3,584 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $331,000 $92 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,071/month

104 Days on Market

Highlights

  • Separate Formal Living Room
  • Galley Kitchen
  • Central Heating and Cooling System
  • Formal Dining Room
  • Brick Front
  • Utility Room

About This Home

As of February 2020

Fully occupied, income producing quadriplex convenient to state offices, Southwood, Governor Square Mall, Target, tons of shopping and your pick of restaurants. Low maintenance brick and vinyl siding. These units are very easy to rent and stay leased. Currently rent roll is $2,865/month but could easily be increased to meet market rents for the area. Call today for more information about this amazing investment opportunity. Please do not disrupt tenants or go on the property without giving proper notice.

Last Listed By

Kenley Stringer

Keller Williams Town & Country License #3094163 Listed on: 10/16/2019

Keller Williams Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 1978

Lot Details

  • 9,148

HOA Fees

  • $166 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 3,584 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Utility Room
  • Vinyl Flooring

Kitchen

  • Galley Kitchen
  • Range
  • Dishwasher

Schools

  • Apalachee 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
  • Tax Lot 12
  • Assessor Parcel Number 12073-31-08-17-000-012-0

Community Details

Overview

  • Willow Bend Unrec Subdivision

Building Details

  • Gross Income $34,380
  • Net Operating Income $21,142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,528

Year Built

Built in 1978

Lot Details

0

HOA Fees

$166 per month

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 12
  • Sold Price Per Sq Ft: 92.35
  • Subdivision: WILLOW BEND UNREC
  • Tax Database Id: 9
  • Tax Item Number: 3108170000120
  • Type: Multi-Family
  • L V T Date: 10/16/2019
  • Street Designation: Way
  • Total Sq Ft: 3584
  • Year Built: 1978
  • Directions: From Apalachee Pkwy, Blairstone S to L on Willow Bend
  • Elementary School: APALACHEE
  • Geo Longitude: -84.249858
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction: Brick 1 or 2 Sides, Siding - Vinyl

Garage/Parking

  • Parking: Area - Unassigned

Utilities

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

Condo/Co-op/Association

  • Unit: A-D
  • Home Owner Feeannual: 1996

Schools

  • Elementary School: APALACHEE
  • Middle School: FAIRVIEW
  • High School: RICKARDS

Lot Info

  • Lot Dimensions: 80x113
  • Geo Subdivision: FL

Rental Info

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

Multi Family

  • Capitalization Rate: 6%
  • Gross Income: 34380
  • Gross Rent Multiplier: 121
  • Net Income: 21142
  • Operating Exp Accuracy: Owner Provided
  • Owners Expenses: Com Area Maint/Assoc Fee, Insurance, Taxes
  • Units: 4

Tax Info

  • Assessor Parcel Number: 12073-31-08-17-000-012-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Feb 11, 2020
Sold by
Kaath Brilliant Holding Llc
Bought by
Brooks Stephen P
Seller's Agent
Kenley Stringer
Keller Williams Town & Country
Buyer's Agent
Kenley Stringer
Keller Williams Town & Country
List Price
$349,000
Sold Price
$331,000
Premium/Discount to List
-$18,000
-5.16%
Total Days on Market
104
Current Estimated Value
$451,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,668
Avg. Annual Appreciation
7.92%
Original Mortgage
$348,324
Outstanding Balance
$312,332
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$183,461

Purchase Details

Closed on
Jun 30, 2016
Sold by
Boutwell Jean Y and Boutwell W
Bought by
Kaath Brilliant Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 2016
Bought by
Kaath Brilliant Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 29, 1996
Sold by
Lake Dale G and Lake Geraldine
Bought by
Bagwell Charles G and Bagwell Angelyn A

Purchase Details

Closed on
Jan 1, 1984
Sold by
Carpenter James L
Bought by
Boutwell W K

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brooks Stephen P $331,000 North Florida Title Company
Kaath Brilliant Holding Llc $235,000 None Available
Kaath Brilliant Holding Llc $100 --
Bagwell Charles G $10,000 None Available
Boutwell W K -- None Available
Boutwell Jean Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Stephen P $348,324
Closed Brooks Stephen P $348,324
Previous Owner Boutwell Jean Y $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $331,000 -5.2% $92 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
10/16/2019 10/16/19 For Sale $349,000 -- $97 / 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 $4,528 $278,675 $75,000 $203,675
2023 $4,115 $198,648 $0 $0
2022 $3,465 $193,864 $50,000 $143,864
2021 $3,151 $164,172 $40,000 $124,172
2020 $3,104 $164,172 $40,000 $124,172
2019 $3,026 $158,315 $40,000 $118,315
2018 $2,926 $151,680 $40,000 $111,680
2017 $2,919 $149,510 $0 $0
2016 $2,901 $146,491 $0 $0
2015 $2,832 $143,482 $0 $0
2014 $2,832 $142,022 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kenley Stringer

    Seller's Agent in 2020

    Kenley Stringer

    Keller Williams Town & Country

    (850) 228-1486

    2 in this area

    355 Total Sales

    Kenley Stringer
    Section Image
  • Chris Myrick

    Seller Co-Listing Agent in 2020

    Chris Myrick

    Keller Williams Town & Country

    (850) 591-1956

    47 Total Sales

    Chris Myrick
    Section Image
See All Agents

Map

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

MLS Number: 312070

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

APN: 31-08-17-000-012.0

Florida Leon County Tallahassee 32301 Hilaman

1445 Willow Bend Way Unit A-D, Tallahassee, FL

Homes for Sale in Tallahassee, FL

This home is located at 1445 Willow Bend Way Unit A-D, Tallahassee, FL 32301 since 16 October 2019 and is currently estimated at $451,668, approximately $126 per square foot. This property was built in 1978. 1445 Willow Bend Way Unit A-D is a home located in Leon County with nearby schools including Apalachee Elementary School, 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.

Nearby Homes