NOT LISTED FOR SALE

1506 Patrick Ave Unit 3 & 4 Tallahassee, FL 32310

University Neighborhood

Estimated Value: $197,000 - $341,000

6 Beds
2 Baths
1,888 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $163,500 $87 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,601/month

593 Days on Market

Highlights

  • Cathedral Ceiling
  • Patio
  • 1-Story Property
  • Breakfast Bar
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2020

BACK ON THE MARKET - Very good investment - recent roof - appliances, AC (one side), Tile Floors, Large Yard, Vaulted Ceilings, inside utility rooms, Photos are from previous listing, quiet neighborhood, close to TCC, FSU and employment opportunities, Good rental history with existing tenants, professional management, one side has covered porch and storage shed, Records available with contract and proof of funds -

Last Agent to Sell the Property

Chip Perkins

Coldwell Banker Hartung License #183927 Listed on: 02/04/2019

Coldwell Banker Hartung

Last Buyer's Agent

Karen Chason

Coldwell Banker Hartung License #3304389

Coldwell Banker Hartung

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1982

Lot Details

  • 0.25

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Utility Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Schools

  • Sabal Palm Elementary School
  • NIMS Middle School
  • Rickards High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Patrick Avenue Townhomes Subdivision
  • Gross Income $17,700

Listing and Financial Details

  • The owner pays for lawn maintenance, pest control
  • Tax Lot 3&4
  • Assessor Parcel Number 12073-41-05-12-000-003-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,682

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 3&4
  • Metes Bounds: Yes
  • Sold Price Per Sq Ft: 86.6
  • Subdivision: Patrick Avenue Townhomes
  • Tax Database Id: 9
  • Tax Item Number: 41-05-12-000-0030
  • Type: Multi-Family
  • Miscellaneous Items: Cathedral/Vault/Trey, Patio - Individual
  • L V T Date: 02/06/2019
  • Street Designation: Avenue
  • Total Sq Ft: 1888
  • Year Built: 1982
  • Directions: West on Roberts to Round about Left on Patrick - Units on Right
  • Elementary School: SABAL PALM
  • Geo Longitude: -84.3459082883606
  • High School: RICKARDS
  • Middle School: NIMS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic/Clay, Slab
  • Equipment: Dead Bolt, Dishwasher, Range, Refrig/Icemaker, Refrigerator, Smoke Detector
  • Floor Plan: Story - One
  • Living Area Description: Kitchen with Bar, Living Room/Dining Room
  • Other Rooms: Utility Room - Inside

Exterior Features

  • Construction: Frame, Siding - Vinyl

Garage/Parking

  • Parking: Assigned Spaces

Utilities

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

Condo/Co-op/Association

  • Unit: 3 & 4

Schools

  • Elementary School: SABAL PALM
  • Middle School: NIMS
  • High School: RICKARDS

Lot Info

  • Lot Dimensions: 92x117x92x117
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year
  • Tenants Rent Includes: Lawn Maintenance, Pest Control

Multi Family

  • Gross Income: 17700
  • Operating Exp Accuracy: Books Avail w/Contract
  • Owners Expenses: Maintenance/Repairs, Management, Pest Control, Taxes
  • Units: 2

Tax Info

  • Taxes: 1989
  • Assessor Parcel Number: 12073-41-05-12-000-003-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Nov 2, 2020
Sold by
Big Beefy Investments Llc
Bought by
Crumitie Charles V and Williams Crumitie Cecilia
Seller's Agent
Chip Perkins
Coldwell Banker Hartung
Buyer's Agent
Karen Chason
Coldwell Banker Hartung
List Price
$165,000
Sold Price
$163,500
Premium/Discount to List
-$1,500
-0.91%
Current Estimated Value
$252,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,241
Avg. Annual Appreciation
8.41%
Original Mortgage
$122,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2016
Sold by
Lunsford Leif Altice
Bought by
Big Beefy Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
3.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Gomez Katherine R and Rozar Katherine L
Bought by
Lunsford Leif Altice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Crumitie Charles V $163,500 Hayward Title Group
Big Beefy Investments Llc $111,000 None Available
Lunsford Leif Altice $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crumitie Cecilia Williams $175,000
Closed Crumitie Charles V $131,180
Closed Crumitie Charles V $122,250
Previous Owner Big Beefy Investments Llc $177,600
Previous Owner Lunsford Leif Altice $122,000
Previous Owner Lunsford Leif Altice $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $163,500 -0.9% $87 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $165,000 0.0% $87 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $165,000 +0.9% $87 / Sq Ft
06/27/2019 06/27/19 Off Market $163,500 -- --
04/30/2019 04/30/19 Price Changed $165,000 -5.8% $87 / Sq Ft
02/06/2019 02/06/19 For Sale $175,215 -- $93 / 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 $2,682 $139,414 $30,000 $109,414
2023 $2,549 $131,322 $0 $0
2022 $2,245 $119,765 $30,000 $89,765
2021 $2,245 $108,531 $30,000 $78,531
2020 $2,066 $109,253 $30,000 $79,253
2019 $2,123 $111,094 $45,000 $66,094
2018 $2,072 $107,389 $45,000 $62,389
2017 $2,073 $106,178 $0 $0
2016 $1,234 $102,937 $0 $0
2015 $1,222 $102,044 $0 $0
2014 $1,222 $100,627 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chip Perkins

    Coldwell Banker Hartung

    (850) 727-7638

    6 in this area

    17 Total Sales

    Section Image
  • Karen Chason

    Buyer's Agent in 2020

    Karen Chason

    Coldwell Banker Hartung

    (850) 510-7490

    8 in this area

    74 Total Sales

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Map

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

MLS Number: 302532

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

APN: 41-05-12-000-003.0

Florida Leon County Tallahassee 32310 University

1506 Patrick Ave Unit 3 & 4, Tallahassee, FL

This home is located at 1506 Patrick Ave Unit 3 & 4, Tallahassee, FL 32310 since 04 February 2019 and is currently estimated at $241,287, approximately $127 per square foot. This property was built in 1982. 1506 Patrick Ave Unit 3 & 4 is a home located in Leon County with nearby schools including Sabal Palm Elementary School, R. Frank Nims 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.
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