$395,000
SOLD OCT 6, 2017
8 Beds
4 Baths
1,708 Sq Ft
0.27 Acres

Recently Sold

$231 Per Sq Ft

19% Below List Price

135 Days on Market

Highlights

  • Galley Kitchen
  • Shed
  • Brick Front
  • Patio
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of October 2017

Excellent investor opportunity. 4 units each with 2 - 2 bedroom 1 bath in each, for a total of 8 properties. These duplexes are located in a quiet area at the end of a cul-de-sac. Located close to downtown, shopping, restaurants and state offices. All single story.

Last Agent to Sell the Property

Brian Messer

The Naumann Group Real Estate License #646515

The Naumann Group Real Estate

Co-Listed By

Jason Naumann

The Naumann Group Real Estate License #642623

Last Buyer's Agent

Tiffany Hamilton

Hamilton Realty Advisors LLC License #3409449

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1978

Parking

  • Assigned Parking

Home Design

  • Brick Front
  • Cedar

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Utility Room Outside

Kitchen

  • Galley Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Patio
  • Shed

Schools

  • Apalachee Elementary School
  • Fairview Middle School
  • Rickards High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Gross Income $4,970

Listing and Financial Details

  • The owner pays for all utilities, cable TV, electric, garbage/trash collection, internet, sewer, water
  • Assessor Parcel Number 12073-31-04-20-660-000-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,597

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Sold Price Per Sq Ft: 231.26
  • Tax Database Id: 9
  • Tax Item Number: 3104206600000
  • Type: Multi-Family
  • Miscellaneous Items: Patio - Individual, Storage Shed
  • L V T Date: 04/27/2017
  • Street Designation: Drive
  • Total Sq Ft: 1708
  • Year Built: 1978
  • Directions: Blairstone LT on Old St Aug Rd, RT on Live Oak
  • Elementary School: APALACHEE
  • Geo Longitude: -84.2417
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Equipment: Dead Bolt, Dishwasher, Disposal, Range, Refrigerator, Units Vary
  • Fireplace: Yes
  • Floor Plan: Story - One
  • Living Area Description: Family Room/Dining Room, Kitchen - Galley
  • Other Rooms: Utility Room - Outside

Exterior Features

  • Construction: Brick 1 or 2 Sides, Redwood/Cedar/Cypress

Garage/Parking

  • Parking: Assigned Spaces

Utilities

  • Heating: Central, Electric, Fireplace - Wood
  • Cooling: Central, Electric, Fans - Ceiling, Units Vary

Condo/Co-op/Association

  • Unit: A&B

Schools

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

Lot Info

  • Lot Dimensions: 72x140
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: Units Vary
  • Tenants Rent Includes: All Utilities, Cable TV, Electric, Garbage/Trash Collection, Internet, Sewer, Water

Multi Family

  • Gross Income: 4970
  • Gross Rent Multiplier: 4970
  • Operating Exp Accuracy: Books Avail w/Contract
  • Owners Expenses: Insurance, Maintenance/Repairs, Pest Control, Taxes
  • Units: 8

Tax Info

  • Taxes: 1695
  • Assessor Parcel Number: 12073-31-04-20-660-000-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2018
Sold by
Mdm Properties 3 Llc
Bought by
Mdm Properties 1 Llc
Total Days on Market
135

Purchase Details

Listed on
Mar 21, 2017
Closed on
Oct 2, 2017
Sold by
Mdm Propeties 1 Llc
Bought by
Mdm Properties 3 Llc
Seller's Agent
Brian Messer
The Naumann Group Real Estate
Buyer's Agent
Tiffany Hamilton
Hamilton Realty Advisors LLC
List Price
$489,900
Sold Price
$395,000
Premium/Discount to List
-$94,900
-19.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.72%

Purchase Details

Closed on
Sep 1, 2016
Bought by
Mdm Properties 3 Llc

Purchase Details

Closed on
Jan 5, 1996
Sold by
T & T Bldr
Bought by
Nelson Gayle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.12%
Mortgage Type
Commercial

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Warranty Deed $385,000 Attorney
Deed $100 --
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,600,000 +305.1% $937 / Sq Ft
10/06/2017 10/06/17 Sold $395,000 -19.4% $231 / Sq Ft
04/27/2017 04/27/17 For Sale $489,900 -- $287 / 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
2024 $2,597 $152,935 $45,000 $107,935
2023 $2,378 $116,372 $0 $0
2022 $2,019 $111,657 $35,000 $76,657
2021 $1,846 $96,175 $30,000 $66,175
2020 $1,819 $96,175 $30,000 $66,175
2019 $1,779 $93,055 $30,000 $63,055
2018 $1,727 $89,521 $30,000 $59,521
2017 $1,725 $88,367 $0 $0
2016 $1,695 $85,618 $0 $0
2015 $1,766 $84,896 $0 $0
2014 $1,766 $83,365 $0 $0
Source: Public Records

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

MLS Number: 280756

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

APN: 31-04-20-660-000.0