NOT LISTED FOR SALE

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

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

Last Sold July 08, 2022

Last sale price $440,000 $129 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,260/month

29 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 July 2022

Located on Hilaman golf course, close to the parkway and capital circle SE, this quadraplex of townhomes is unique and desirable. Three of the units are 2BR/1BA and one is a 2BR/1.5BA. Units B & D have been recently updated and are now rented at $895. All living rooms have glass doors that look out onto the golf course and have ceilings that extend to the second story making them feel light and spacious. This is a great investment opportunity that won't last long!

Last Agent to Sell the Property

Trevor Nichol

Kent Strauss Mgt & Real Estate License #3107144 Listed on: 06/01/2022

Co-Listed By

Elizabeth Strauss

Kent Strauss Mgt & Real Estate License #3208081

Last Buyer's Agent

Beth Allen

R. J. Allen & Associates, Inc. License #567297

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 Pb 8/11 Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance, pest control
  • 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: 128.58
  • Subdivision: Live Oak Hill PB 8/11
  • Tax Database Id: 9
  • Tax Item Number: 310553 A0140
  • Type: Multi-Family
  • L V T Date: 06/01/2022
  • Street Designation: Drive
  • Total Sq Ft: 3422
  • Year Built: 1979
  • Directions: E. Apalachee Pkwy, R-Paul Russell Rd, R-Larette Drive
  • 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

Schools

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

Lot Info

  • Lot Dimensions: 130x90x130x113
  • Geo Subdivision: FL

Rental Info

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

Multi Family

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

Tax Info

  • Taxes: 3090
  • Assessor Parcel Number: 12073-31-05-53- A-014-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Porter Matthew and Porter Laura
Bought by
1844 Larette Drive Llc
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.
Original Mortgage
$360,500
Outstanding Balance
$355,900
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$180,301

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 8, 2022
Sold by
Jvest Llc
Bought by
Porter Matthew and Porter Laura
Seller's Agent
Trevor Nichol
Kent Strauss Mgt & Real Estate
Buyer's Agent
Beth Allen
R. J. Allen & Associates, Inc.
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
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
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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
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
07/08/2022 07/08/22 Sold $440,000 +1.1% $129 / Sq Ft
06/03/2022 06/03/22 Price Changed $435,000 +2.4% $127 / Sq Ft
06/01/2022 06/01/22 For Sale $425,000 -- $124 / 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

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Map

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

MLS Number: 346849

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

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