NOT LISTED FOR SALE

1525 Melvin St Unit x Tallahassee, FL 32301

FAMU Neighborhood

Estimated Value: $455,000 - $535,000

8 Beds
4 Baths
3,240 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $90,000 $28 Per Sq Ft

Est. 458% increase in value since last sale

Current estimated payment $3,106/month

702 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Four Sided Brick Exterior Elevation
  • Leon High School Rated A
  • 1-Story Property

About This Home

As of December 2014

Super location. Across the street from FAMU's administration building. Ideal for student housing. Needs total renovation. Seller will consider short term owner financing with sufficient down payment. Property being sold "AS-IS". Call agent for more details and for access.

Last Agent to Sell the Property

Na'im Majeed

Cobb Realty & Investment Compa License #0317702 Listed on: 12/15/2012

Last Buyer's Agent

Na'im Majeed

Cobb Realty & Investment Compa License #0317702 Listed on: 12/15/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,277

Lot Details

  • 8,276

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,240 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Flooring

  • Wood
  • Vinyl

Schools

  • Bond Elementary School
  • NIMS Middle School
  • Leon High School

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • Morrill Heights Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 12073-41-01-54-000-024-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,277

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 24
  • Sold Price Per Sq Ft: 27.78
  • Subdivision: Morrill Heights
  • Tax Database Id: 9
  • Tax Item Number: 41-01-54-000-024-0
  • Type: Multi-Family
  • Street Designation: Street
  • Total Sq Ft: 3240
  • Directions: Adams St. to west on Palmer, right on Melvin.
  • Elementary School: BOND
  • Geo Longitude: -84.283447265625
  • High School: LEON
  • Middle School: NIMS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl Tile, Wood
  • Floor Plan: Story - One
  • Living Area Description: Separate Living Room

Exterior Features

  • Construction: Brick 4 Sides

Garage/Parking

  • Parking: Units Vary

Utilities

  • Heating: Units Vary
  • Cooling: Window/Wall

Condo/Co-op/Association

  • Unit: x

Schools

  • Elementary School: BOND
  • Middle School: NIMS
  • High School: LEON

Lot Info

  • Lot Dimensions: 67 x 120
  • Geo Subdivision: FL

Multi Family

  • Operating Exp Accuracy: Information Limited
  • Owners Expenses: Insurance, Maintenance/Repairs, Management, Taxes
  • Units: 4

Tax Info

  • Taxes: 2100
  • Assessor Parcel Number: 12073-41-01-54-000-024-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2022
Sold by
Mcnamara Michael C
Bought by
Robinson Sharonda
Current Estimated Value
$502,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,392
Outstanding Balance
$392,378
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$96,271

Purchase Details

Listed on
Dec 15, 2012
Closed on
Dec 4, 2014
Sold by
Marshall Delma Crump and Crump Delma Hope
Bought by
Mcnamara Michael C
Seller's Agent
Na'im Majeed
Cobb Realty & Investment Compa
Buyer's Agent
Na'im Majeed
Cobb Realty & Investment Compa
List Price
$130,000
Sold Price
$90,000
Premium/Discount to List
-$40,000
-30.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.16%
Original Mortgage
$75,000
Interest Rate
3.95%
Mortgage Type
Seller Take Back
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
Robinson Sharonda $420,000 Smith W Crit
Robinson Sharonda $420,000 None Listed On Document
Mcnamara Michael C $90,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Sharonda $412,392
Closed Robinson Sharonda $412,392
Previous Owner Mcnamara Michael C $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2014 12/04/14 Sold $90,000 -30.8% $28 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
12/15/2012 12/15/12 For Sale $130,000 -- $40 / 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 $4,277 $222,315 $20,000 $202,315
2023 $4,013 $207,394 $20,000 $187,394
2022 $1,287 $68,798 $20,000 $48,798
2021 $1,194 $62,190 $20,000 $42,190
2020 $1,176 $62,190 $20,000 $42,190
2019 $1,151 $60,224 $20,000 $40,224
2018 $1,119 $57,997 $20,000 $37,997
2017 $1,122 $57,449 $0 $0
2016 $1,117 $56,427 $0 $0
2015 $1,948 $51,412 $0 $0
2014 $1,948 $97,686 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Na'im Majeed

    Cobb Realty & Investment Compa

    (850) 545-6597

    19 in this area

    54 Total Sales

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Map

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

MLS Number: 232656

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

APN: 41-01-54-000-024.0

Florida Leon County Tallahassee 32301 FAMU

1525 Melvin St Unit x, Tallahassee, FL

This home is located at 1525 Melvin St Unit x, Tallahassee, FL 32301 since 15 December 2012 and is currently estimated at $488,649, approximately $150 per square foot. 1525 Melvin St Unit x is a home located in Leon County with nearby schools including Bond Elementary School, R. Frank Nims Middle School, and Leon 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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