NOT LISTED FOR SALE

1502 Pepper Dr Tallahassee, FL 32304

University Neighborhood

Estimated Value: $93,000 - $102,683

2 Beds
1 Bath
648 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2025

Last sale price $92,500 $143 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $608 / mo

61 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating
  • 1-Story Property
  • Cooling Available
  • Vinyl Flooring

About This Home

As of September 2025

Nestled just minutes from FSU and CollegeTown, this solid 1951 concrete block home offers both longevity and location. It features a 2014 roof and a 2019 energy-efficient Rinnai tankless water heater, adding to its low-maintenance appeal. With walkable access to top dining, entertainment, and campus life, it’s a standout option for investors, students, or short-term rental hosts. In an area known for steady demand and strong rental potential, this property offers lasting value and versatility!

Last Agent to Sell the Property

Tsetan Lhamo

RealHome Services and Solution Listed on: 06/10/2025

Last Buyer's Agent

MARYLIN DORSEY

Brown Bevis RE Appraisers

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Pineview Elementary School
  • NIMS Middle School
  • Rickards High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • First Unit Of Elberta Empire A Subdivision

Listing and Financial Details

  • Legal Lot and Block 34 / A
  • Assessor Parcel Number 12073-41-02-56- A-034-0

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Waterfront: No
  • Year Built: 1951
  • Directions: South on Lake Bradford 1/4 mi. R on Pepper.
  • Elementary School: PINEVIEW
  • High School: RICKARDS
  • PropertySubType: Detached
  • PropertyType: Residential
  • ResoRoadSurfaceType: Paved
  • Appliances: Oven, Range, Refrigerator
  • Subdivision Name: FIRST UNIT OF ELBERTA EMPIRE A
  • Owner Name: Schroeder
  • Architectural Style: One Story, Traditional
  • Bedrooms: 2
  • ResoBuildingAreaSource: Assessor
  • Fireplace: No
  • Reso Parking Features: Driveway
  • Property Attached Yn: No
  • Building Stories: 1
  • PropertySubTypeAdditional: Detached,Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Plank, Vinyl
  • Full Bathrooms: 1
  • Living Area: 648.0

Exterior Features

  • View: None
  • Acres: 0.17
  • Pool Private: No
  • View: No
  • Home Warranty: No
  • Construction Materials: Block, Concrete

Utilities

  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Middle Or Junior School: NIMS

Lot Info

  • Parcel Number: 12073-41-02-56- A-034-0

Tax Info

  • Tax Block: A
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Sep 12, 2025
Sold by
K A Schroeder Llc
Bought by
1502 Pepper Drive Llc
Seller's Agent
Tsetan Lhamo
RealHome Services and Solution
Buyer's Agent
MARYLIN DORSEY
Brown Bevis RE Appraisers
List Price
$105,000
Sold Price
$92,500
Premium/Discount to List
-$12,500
-11.9%
Views
90
Current Estimated Value
$98,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,671
Avg. Annual Appreciation
9.91%
Original Mortgage
$74,000
Outstanding Balance
$73,934
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$24,237

Purchase Details

Closed on
May 23, 2019
Sold by
Swafford Obadiah M and Swafford Jude
Bought by
K A Schroeder Llc

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jul 1, 2016
Sold by
Shumate Dale
Bought by
Swafford Obadiah and Swafford Jude
Buyer's Agent
Tammy Wolf
Tallahassee Board of REALTORS®
List Price
$40,000
Sold Price
$38,000
Premium/Discount to List
-$2,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$30,400
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2007
Sold by
Shumate Lisa Diane
Bought by
Shumate Dale R

Purchase Details

Closed on
Sep 14, 2000
Sold by
Youngblood William L and Youngblood Beverly M
Bought by
Shumate Dale R and Shumate Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
8.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
1502 Pepper Drive Llc $92,500 None Listed On Document
K A Schroeder Llc $40,000 Attorney
Swafford Obadiah $38,000 None Available
Shumate Dale R $23,400 None Available
Shumate Dale R $30,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open 1502 Pepper Drive Llc $74,000
Previous Owner Swafford Obadiah $30,400
Previous Owner Shumate Dale R $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2025 09/24/25 Sold $92,500 -7.5% $143 / Sq Ft
08/10/2025 08/10/25 Pending -- -- --
07/10/2025 07/10/25 Price Changed $100,000 -4.8% $154 / Sq Ft
06/10/2025 06/10/25 For Sale $105,000 +176.3% $162 / Sq Ft
07/02/2016 07/02/16 Sold $38,000 -5.0% $59 / Sq Ft View Prior Sale
06/18/2016 06/18/16 Pending -- -- --
04/01/2015 04/01/15 For Sale $40,000 -- $62 / 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 $1,003 $58,344 $14,000 $44,344
2024 $919 $54,009 $14,000 $40,009
2023 $840 $41,196 $0 $0
2022 $727 $41,734 $8,400 $33,334
2021 $654 $34,046 $7,000 $27,046
2020 $610 $32,276 $7,000 $25,276
2019 $84 $29,369 $0 $0
2018 $74 $28,821 $0 $0
2017 $63 $28,228 $0 $0
2016 $555 $28,005 $0 $0
2015 $579 $27,004 $0 $0
2014 $579 $29,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tsetan Lhamo

    RealHome Services and Solution

  • M

    Buyer's Agent in 2025

    MARYLIN DORSEY

    Brown Bevis RE Appraisers

  • T

    Buyer's Agent in 2016

    Tammy Wolf

    Tallahassee Board of REALTORS®

See All Agents

Map

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

MLS Number: 387146

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

APN: 41-02-56-00A-034.0

Florida Leon County Tallahassee 32304 University

1502 Pepper Dr, 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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