NOT LISTED FOR SALE

1615 Kay Ave Unit A,B,C,D Tallahassee, FL 32301

Hilaman Neighborhood

Estimated Value: $226,000 - $615,000

8 Beds
8 Baths
4,012 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $495,000 $123 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,128/month

29 Days on Market

Highlights

  • Great Room
  • Four Sided Brick Exterior Elevation
  • Ceiling Fan
  • Breakfast Bar
  • Central Heating and Cooling System
  • Utility Room

About This Home

As of July 2022

Well maintained all brick quadruplex conveniently located off of Blairstone Rd. Each unit has 2 bedrooms, 2 baths, kitchen, pantry, inside laundry room, covered porch/balconies, and large living area. Unit A fully renovated with 2020 Hvac and 2020 water heater. Unit B 2021 Hvac and 2019 water heater. Unit C fully renovated with 2020 Hvac and 2014 water heater. Unit D recently updated with 2021 Hvac and 2017 water heater. Updated plumbing and electrical in all units. 2020 roof. Repaved large parking lot. No Restrictive Covenants or HOA. Great cash flow opportunity. Very low maintenance. Stays rented.

Last Agent to Sell the Property

Willie Davis

Xcellence Realty License #3350989 Listed on: 06/27/2022

Xcellence Realty

Last Buyer's Agent

Hollie Myers

Century 21 First Story License #537178

Century 21 First Story

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,495

Year Built

  • Built in 1979

Lot Details

  • 0.31

Parking

  • Unassigned Parking

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,012 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Utility Room
  • Washer and Dryer
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Winewood South Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance, pest control
  • Legal Lot and Block A / 6
  • Assessor Parcel Number 12073-31-08-75- A-006-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,495

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: A
  • Sold Price Per Sq Ft: 123.38
  • Subdivision: Winewood South
  • Tax Database Id: 9
  • Tax Item Number: 310875 A0060
  • Type: Multi-Family
  • L V T Date: 06/26/2022
  • Street Designation: Avenue
  • Total Sq Ft: 4012
  • Year Built: 1979
  • Directions: Apalachee Pkwy S; R onto Blairstone; L on Kay Avenue; Apartment on R
  • Elementary School: APALACHEE
  • Geo Longitude: -84.249682
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Units Vary
  • Equipment: Dishwasher, Disposal, Microwave, Range, Refrig/Icemaker, Smoke Detector, Wash/Dry Some, Units Vary
  • Floor Plan: Story - Two plus
  • Living Area Description: Great Room, Kitchen with Bar
  • Other Rooms: Utility Room - Inside

Exterior Features

  • Construction: Brick 4 Sides

Garage/Parking

  • Parking: Area - Unassigned

Utilities

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

Condo/Co-op/Association

  • Unit: A,B,C,D

Schools

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

Lot Info

  • Lot Dimensions: 150x90x150x90
  • Geo Subdivision: FL

Rental Info

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

Multi Family

  • Operating Exp Accuracy: Owner Provided
  • Owners Expenses: Insurance, Maintenance/Repairs, Pest Control
  • Units: 4

Tax Info

  • Taxes: 2889
  • Assessor Parcel Number: 12073-31-08-75- A-006-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jul 29, 2022
Sold by
Brown Anthony B
Bought by
Ps Opportunities Llc
Seller's Agent
Willie Davis
Xcellence Realty
Buyer's Agent
Hollie Myers
Century 21 First Story
List Price
$520,000
Sold Price
$495,000
Premium/Discount to List
-$25,000
-4.81%
Total Days on Market
29
Current Estimated Value
$487,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,539
Avg. Annual Appreciation
-0.54%

Purchase Details

Closed on
May 22, 2020
Sold by
Reserve Properties Llc
Bought by
Brown Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,368
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 2020
Sold by
Feddon Sean D and The Sean D Feddon Revocable Tr
Bought by
Dreserve Properties Llc

Purchase Details

Closed on
Feb 5, 2019
Sold by
Feddon Sean D
Bought by
Feddon Sean D and Sean D Feddon Revocable Trust

Purchase Details

Closed on
Dec 28, 2009
Sold by
Score Federal Credit Union
Bought by
Feddon Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,500
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2009
Sold by
Johnson Alan G and Johnson Bibi H
Bought by
Score Federal Credit Union

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,500
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2006
Sold by
Heath Catherine N and Marshall Lea N
Bought by
Johnson Alan G and Johnson Bibi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2003
Sold by
Noblin Millard J and Noblin Barbara P
Bought by
Heath Catherine N and Marshall Lea N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
5.42%
Mortgage Type
Commercial
Source: Public Records

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 Buyer Sale Price Title Company
Ps Opportunities Llc $495,000 Advantage Title Group
Brown Anthony $338,500 Hayward Title Group
Dreserve Properties Llc $215,000 Attorney
Feddon Sean D -- Attorney
Feddon Sean $310,000 Stewart Title Company
Score Federal Credit Union $91,600 Attorney
Johnson Alan G $321,000 Attorney
Heath Catherine N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Anthony $332,368
Previous Owner Feddon Sean $316,500
Previous Owner Johnson Alan G $96,300
Previous Owner Johnson Alan G $224,700
Previous Owner Heath Catherine N $80,000
Previous Owner Heath Catherine N $112,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $495,000 -4.8% $123 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $520,000 -- $130 / 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 $6,495 $341,094 $75,000 $266,094
2023 $5,915 $305,694 $70,000 $235,694
2022 $4,027 $214,375 $50,000 $164,375
2021 $3,010 $181,809 $40,000 $141,809
2020 $3,304 $174,756 $40,000 $134,756
2019 $3,090 $161,657 $40,000 $121,657
2018 $2,987 $154,812 $40,000 $114,812
2017 $2,989 $153,103 $0 $0
2016 $2,968 $149,911 $0 $0
2015 $3,066 $146,795 $0 $0
2014 $3,066 $145,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 347989

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

APN: 31-08-75-00A-006.0