NOT LISTED FOR SALE

Estimated Value: $231,000 - $471,000

8 Beds
4 Baths
3,400 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $462,500 $136 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,477/month

41 Days on Market

Highlights

  • Breakfast Bar
  • Combination Kitchen and Dining Room
  • Washer and Dryer
  • Central Heating and Cooling System
  • Ceiling Fan
  • Wood Burning Fireplace

About This Home

As of August 2024

Great investment opportunity with a hard to find Quadraplex. 4 total Quads available on the same street, all contiguous lots. Close vicinity to FSU campus or TCC campus, while also close circumference to restaurants, entertainment, and shopping. The ultimate house hack, live in one unit, and rent out the other three to help pay your mortgage. Rents totaling $3900 with room for improvement. Tenants already paying $1100 in some other units. Each unit 2 bedroom, 1 bath consisting of 850 square feet. Good sized interior laundry room in each unit. Units vary in updates/upgrades depending on the last time they were turned over. Some units fully tiled with carpet in the bedrooms. Upstairs units have fireplaces with brick facades.

Last Agent to Sell the Property

Cole Davis

The Naumann Group Real Estate License #3357739 Listed on: 06/11/2024

The Naumann Group Real Estate

Last Buyer's Agent

Erik Seise

Bevis Realty License #3408489

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 1984

Lot Details

  • 10,454

Parking

  • Unassigned Parking

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Astoria Park Elementary School
  • Griffin Middle School
  • Godby High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Sylvan Hills Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance, pest control
  • Legal Lot and Block 7 / A
  • Assessor Parcel Number 12073-21-22-78- A-007-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,945

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 7
  • Sold Price Per Sq Ft: 136.03
  • Subdivision: Sylvan Hills
  • Tax Database Id: 9
  • Tax Item Number: 212278 A0070
  • Type: Multi-Family
  • Miscellaneous Items: Units Vary
  • L V T Date: 06/11/2024
  • Street Designation: Court
  • Total Sq Ft: 3400
  • Year Built: 1984
  • Directions: Tharpe St, North on High Rd, Left on Hartsfield Rd. Right on Sylvan Ct.
  • Elementary School: ASTORIA PARK
  • Geo Longitude: -84.315165
  • High School: GODBY
  • Middle School: GRIFFIN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Some Carpet, Vinyl Tile, Units Vary
  • Equipment: Dishwasher, Range, Refrigerator, Wash/Dry All
  • Fireplace: Yes
  • Floor Plan: Story - Two plus
  • Living Area Description: Kitchen with Bar, Kitchen/Din Rm/Liv Room

Exterior Features

  • Construction: 1575

Garage/Parking

  • Parking: Area - Unassigned, Units Vary

Utilities

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

Schools

  • Elementary School: ASTORIA PARK
  • Middle School: GRIFFIN
  • High School: GODBY

Lot Info

  • Lot Dimensions: 112x80x112x80
  • Geo Subdivision: FL

Rental Info

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

Multi Family

  • Operating Exp Accuracy: Books Avail w/Contract, Owner Provided
  • Owners Expenses: Insurance, Maintenance/Repairs, Pest Control, Taxes
  • Units: 4

Tax Info

  • Assessor Parcel Number: 12073-21-22-78- A-007-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 22, 2024
Sold by
Janes Donald C and Janes Candice
Bought by
Avellino Jeffrey and Avellino Carol
Seller's Agent
Cole Davis
The Naumann Group Real Estate
Buyer's Agent
Erik Seise
Bevis Realty
List Price
$475,000
Sold Price
$462,500
Premium/Discount to List
-$12,500
-2.63%
Views
8
Current Estimated Value
$390,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,827
Avg. Annual Appreciation
-13.65%
Original Mortgage
$277,500
Outstanding Balance
$274,372
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$116,301

Purchase Details

Closed on
Mar 29, 2002
Sold by
Phoenix Management L C
Bought by
Janes Donald C and Janes Candice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 1997
Sold by
Carnes Jennifer and Carnes Larry I
Bought by
Bumgarner Barry I and Bumgarner Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.92%
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
Avellino Jeffrey $462,500 Hayward Title Group
Janes Donald C $168,000 --
Phoenix Management L C -- --
Bumgarner Barry I $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avellino Jeffrey $277,500
Previous Owner Phoenix Management L C $134,400
Previous Owner Bumgarner Barry I $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $462,500 -2.6% $136 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $475,000 -- $140 / 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 $4,945 $275,721 $60,000 $215,721
2023 $4,545 $227,048 $0 $0
2022 $3,930 $216,164 $45,000 $171,164
2021 $3,602 $187,643 $40,000 $147,643
2020 $3,548 $187,643 $40,000 $147,643
2019 $3,453 $180,645 $40,000 $140,645
2018 $3,332 $172,719 $40,000 $132,719
2017 $3,321 $170,129 $0 $0
2016 $3,297 $166,503 $0 $0
2015 $3,213 $162,908 $0 $0
2014 $3,213 $161,163 $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: 373387

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

APN: 21-22-78-00A-007.0