1612 Gibbs Dr Tallahassee, FL 32303
Midtown West Neighborhood
4
Beds
3
Baths
895
Sq Ft
8,712
Sq Ft Lot
Highlights
- Traditional Architecture
- Leon High School Rated A
- Cooling Available
About This Home
As of June 2025Seize a great opportunity to own a 3-bedroom, 2-bathroom corner lot investment property, complete with an additional 1-bedroom, 1-bathroom unit that features an independent entrance. Both units are currently occupied and generating income, making this an ideal investment. Recent upgrades include a metal roof installed in 2023 and a relatively new water heater, only a couple of years old. Located in the heart of Tallahassee, this property is situated within minutes of Florida State University (FSU), government offices, and Florida A&M University (FAMU). Enjoy easy access to major routes including Monroe Street and I-10. Key Features: Main Unit: 3 bedrooms, 2 bathrooms Additional Unit: 1 bedroom, 1 bathroom with independent entrance Corner Lot: Yes Roof: Metal roof installed in 2023 Water Heater: Only a couple of years old Income Generating: Both units currently occupied Important Notes: Please provide 12 hours notice prior to showing.
Last Agent to Sell the Property
EXP Realty, LLC License #3533011 Listed on: 02/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $966
Year Built
- Built in 1948
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 50x110x50x110
Parking
- Driveway
Home Design
- Traditional Architecture
- Farmhouse Style Home
- Split Level Home
Interior Spaces
- 895 Sq Ft Home
- Multi-Level Property
- Stove
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Schools
- Ruediger Elementary School
- Raa Middle School
- Leon High School
Utilities
- Cooling Available
Community Details
- Gore Sub Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / A
- Assessor Parcel Number 12073-21-25-33- A-001-0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2025
Closed on
Jun 27, 2025
Sold by
Castro Isabel and Martinez Miguel Angel
Bought by
Montealegre Huber Acosta and Chaparro Nelsy Chaparro
Seller's Agent
Richard Innamorato
EXP Realty, LLC
Buyer's Agent
Adriana Vargas
Realty Property Group
List Price
$140,000
Sold Price
$140,000
Views
260
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.03%
Original Mortgage
$10,000
Outstanding Balance
$10,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$127,943
Purchase Details
Closed on
Nov 2, 2011
Sold by
Meeks Penny and Meeks Shedrick
Bought by
Taylor Allie Mae and Meeks Shedrick
Purchase Details
Closed on
Oct 14, 2008
Sold by
Taylor Allie Mae and Meeks Shedrick
Bought by
Meeks Penny
Purchase Details
Closed on
Jul 23, 2003
Sold by
Taylor Allie Mae
Bought by
Taylor Allie Mae and Meeks Shedrick
Purchase Details
Closed on
Jun 26, 1997
Sold by
Meeks Leola E
Bought by
Meeks Leola E and Taylor Allie Mae
Similar Homes in Tallahassee, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | None Listed On Document | |
| Warranty Deed | $140,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000 | New Conventional | |
| Closed | $10,000 | New Conventional | |
| Open | $132,000 | New Conventional | |
| Closed | $132,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $140,000 | 0.0% | $156 / Sq Ft |
| 02/17/2025 02/17/25 | For Sale | $140,000 | -- | $156 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
Tax History Compared to Growth
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 | $966 | $50,190 | $30,000 | $20,190 |
| 2023 | $545 | $35,106 | $0 | $0 |
| 2022 | $474 | $37,343 | $0 | $0 |
| 2021 | $424 | $31,452 | $0 | $0 |
| 2020 | $381 | $29,379 | $0 | $0 |
| 2019 | $359 | $28,775 | $0 | $0 |
| 2018 | $314 | $24,204 | $0 | $0 |
| 2017 | $308 | $23,523 | $0 | $0 |
| 2016 | $310 | $23,288 | $0 | $0 |
| 2015 | $407 | $22,983 | $0 | $0 |
| 2014 | $407 | $30,463 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2025
Richard Innamorato
EXP Realty, LLC
(904) 325-2595
1 in this area
48 Total Sales
-
Seller Co-Listing Agent in 2025
Katiuska Rodriguez
EXP Realty, LLC
(469) 740-3268
1 in this area
43 Total Sales
-
A
Buyer's Agent in 2025
Adriana Vargas
Realty Property Group
(850) 518-2646
1 in this area
12 Total Sales
Map
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 382045
APN: 21-25-33-00A-001.0
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