NOT LISTED FOR SALE

1844 Larette Dr Unit A-D Tallahassee, FL 32301

Old Saint Augustine Neighborhood

Estimated Value: $496,804 - $560,000

8 Beds
5 Baths
3,422 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $515,000 $150 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,260/month

73 Days on Market

Highlights

  • Breakfast Bar
  • Family or Dining Combination
  • Utility Room
  • Central Heating and Cooling System
  • Ceiling Fan
  • Carpet

About This Home

As of June 2024

Check out this fantastic quad with 2 bedroom/ 1 bath townhome style units right on the Hillaman golf course. Conveniently located and has all been fully updated! Perfect for any investor… Lots of deferred maintenance was all addressed at Seller's expense and hassle so you can collect the rent and have great cash flow!

Last Agent to Sell the Property

Beth Allen

R. J. Allen & Associates, Inc. License #567297 Listed on: 03/23/2024

Last Buyer's Agent

Tiffany Hamilton

Hamilton Realty Advisors LLC License #3409449

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 1979

Lot Details

  • 0.29

Parking

  • Unassigned Parking

Home Design

  • Frame Construction
  • Cedar

Interior Spaces

  • 3,422 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family or Dining Combination
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Live Oak Hill Subdivision
  • Gross Income $4,750

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Legal Lot and Block 14 / A
  • Assessor Parcel Number 12073-31-05-53- A-014-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,099

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 14
  • Sold Price Per Sq Ft: 150.5
  • Subdivision: LIVE OAK HILL
  • Tax Database Id: 9
  • Tax Item Number: 310553 A0140
  • Type: Multi-Family
  • L V T Date: 03/24/2024
  • Street Designation: Drive
  • Total Sq Ft: 3422
  • Year Built: 1979
  • Directions: E Apalachee Pkwy, right Paul Russell, R Larette
  • Elementary School: APALACHEE
  • Geo Longitude: -84.246032
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Equipment: Dishwasher, Range, Refrigerator, Smoke Detector
  • Floor Plan: Story - Two plus
  • Living Area Description: Family Room/Dining Room, Kitchen with Bar
  • Other Rooms: Utility Room - Inside

Exterior Features

  • Construction: Frame, Redwood/Cedar/Cypress

Garage/Parking

  • Parking: Area - Unassigned

Utilities

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

Condo/Co-op/Association

  • Unit: A-D

Schools

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

Lot Info

  • Lot Dimensions: 130x90x130x100
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year
  • Tenants Rent Includes: Lawn Maintenance

Multi Family

  • Gross Income: 4750
  • Gross Rent Multiplier: 130
  • Operating Exp Accuracy: Owner Provided
  • Owners Expenses: Advertising, Com Area Maint/Assoc Fee, Insurance, Maintenance/Repairs, Management, Pest Control, Taxes
  • Units: 4

Tax Info

  • Taxes: 4400
  • Assessor Parcel Number: 12073-31-05-53- A-014-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jun 10, 2024
Sold by
Porter Matthew and Porter Laura
Bought by
1844 Larette Drive Llc
Seller's Agent
Beth Allen
R. J. Allen & Associates, Inc.
Buyer's Agent
Tiffany Hamilton
Hamilton Realty Advisors LLC
List Price
$609,000
Sold Price
$515,000
Premium/Discount to List
-$94,000
-15.44%
Views
41
Current Estimated Value
$536,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,201
Avg. Annual Appreciation
3.06%
Original Mortgage
$360,500
Outstanding Balance
$355,900
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$180,301

Purchase Details

Closed on
Jul 8, 2022
Sold by
Jvest Llc
Bought by
Porter Matthew and Porter Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2015
Sold by
Joanos Stamatia and Joanos Emanuel M
Bought by
Jvest Llc

Purchase Details

Closed on
Jul 13, 2007
Sold by
Hall John F
Bought by
Joanos Kalliopi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2004
Sold by
Lane Steven L
Bought by
Hall John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2001
Sold by
Bloom Elaine and Cosgrove John F
Bought by
Lane Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,464
Interest Rate
7.02%
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
1844 Larette Drive Llc $515,000 None Listed On Document
1844 Larette Drive Llc $515,000 None Listed On Document
Porter Matthew $440,000 Owen Title
Jvest Llc $195,000 Attorney
Joanos Kalliopi $290,000 Attorney
Hall John F $256,000 --
Lane Steven L $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1844 Larette Drive Llc $360,500
Closed 1844 Larette Drive Llc $360,500
Previous Owner Porter Matthew $330,000
Previous Owner Joanos Kalliopi $217,500
Previous Owner Hall John F $230,400
Previous Owner Lane Steven L $174,896
Previous Owner Lane Steven L $28,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $515,000 -6.4% $150 / Sq Ft
05/10/2024 05/10/24 Price Changed $550,000 -6.0% $161 / Sq Ft
04/25/2024 04/25/24 Price Changed $585,000 -3.9% $171 / Sq Ft
03/25/2024 03/25/24 For Sale $609,000 -- $178 / 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 $5,099 $270,433 $80,000 $190,433
2023 $4,625 $239,024 $70,000 $169,024
2022 $3,388 $188,307 $50,000 $138,307
2021 $3,091 $161,009 $40,000 $121,009
2020 $3,075 $162,649 $40,000 $122,649
2019 $3,028 $158,424 $40,000 $118,424
2018 $2,956 $153,253 $40,000 $113,253
2017 $2,977 $152,499 $0 $0
2016 $2,980 $150,499 $0 $0
2015 $2,957 $148,736 $0 $0
2014 $2,957 $148,313 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Allen

    Seller's Agent in 2024

    Beth Allen

    R. J. Allen & Associates, Inc.

    (850) 894-1500

    3 in this area

    73 Total Sales

    Beth Allen
    Section Image
  • Tiffany Hamilton

    Buyer's Agent in 2024

    Tiffany Hamilton

    Hamilton Realty Advisors LLC

    (850) 727-4743

    7 in this area

    139 Total Sales

    Tiffany Hamilton
    Section Image
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Map

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

MLS Number: 370084

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

APN: 31-05-53-00A-014.0

Florida Leon County Tallahassee 32301 Old Saint Augustine

1844 Larette Dr Unit A-D, Tallahassee, FL

This home is located at 1844 Larette Dr Unit A-D, Tallahassee, FL 32301 since 23 March 2024 and is currently estimated at $536,201, approximately $156 per square foot. This property was built in 1979. 1844 Larette Dr Unit A-D is a home located in Leon County with nearby schools including Apalachee Elementary School, Fairview Middle School, and James Rickards 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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