NOT LISTED FOR SALE

2240 Wednesday St Unit 1,2,3,4 Tallahassee, FL 32308

Capital Circle Neighborhood

Estimated Value: $348,640 - $463,000

8 Beds
4 Baths
3,600 Sq Ft
$112/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $295,000 $82 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,675/month

75 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Separate Formal Living Room
  • 1-Story Property
  • Leon High School Rated A
  • End Unit
  • Central Heating and Cooling System

About This Home

As of September 2015

Investors take notice!!! Nice Quadroplex for sale in NE Tallahassee. Each unit is a 2 br / 1 ba. Each unit with its own separate laundry room. Units currently rented at $775 & $725. That is $3000 gross income monthly, $36,000 annually. Great location. Zoning is OR-2. Almost 1 acre of land. Units cannot be sub-divided or sold individually. Call listing agent for more details & for showing instructions please. NO SIGN ON PROPERTY.

Last Agent to Sell the Property

Kim McAllister

Armor Realty, Inc License #696137 Listed on: 07/01/2015

Last Buyer's Agent

Ingolf Askevold

A&E Realty and Property Manage License #3324576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,810

Year Built

  • Built in 1977

Lot Details

  • 0.83

Parking

  • Assigned Parking

Home Design

  • Stucco

Interior Spaces

  • Sitting Area In Primary Bedroom
  • 3,600 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Utility Room Outside
  • Range

Flooring

  • Carpet
  • Laminate

Schools

  • Sullivan Elementary School
  • Cobb Middle School
  • Leon High School

Additional Features

  • End Unit
  • Central Heating and Cooling System

Community Details

  • Gross Income $3,000

Listing and Financial Details

  • Assessor Parcel Number 12073-11-16-20-617-000-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,810

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Sold Price Per Sq Ft: 81.94
  • Tax Database Id: 9
  • Tax Item Number: 1116206170000
  • Type: Multi-Family
  • Street Designation: Street
  • Total Sq Ft: 3600
  • Year Built: 1977
  • Directions: Capital Circle NE to (R) on Wednesday St.
  • Elementary School: SULLIVAN
  • Geo Longitude: -84.2397308
  • High School: LEON
  • Middle School: COBB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Slab
  • Equipment: Range, Refrigerator, Units Vary
  • Floor Plan: Story - One, Unit - End
  • Living Area Description: Separate Living Room
  • Other Rooms: Master Bedroom - Down, Utility Room - Outside

Exterior Features

  • Construction: Stucco

Garage/Parking

  • Parking: Assigned Spaces

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric

Condo/Co-op/Association

  • Unit: 1,2,3,4

Schools

  • Elementary School: SULLIVAN
  • Middle School: COBB
  • High School: LEON

Lot Info

  • Lot Dimensions: 229x158x229x158
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year, Units Vary

Multi Family

  • Gross Income: 3000
  • Operating Exp Accuracy: Information Limited, Owner Provided
  • Owners Expenses: Insurance, Maintenance/Repairs, Taxes
  • Units: 4

Tax Info

  • Taxes: 3645
  • Assessor Parcel Number: 12073-11-16-20-617-000-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Rodriguez Acurio Futures Llc
Bought by
Rodriguez Jose
Current Estimated Value
$402,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$327,260
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$75,650

Purchase Details

Closed on
Jul 26, 2021
Sold by
Rodriguez Maury Properties Llc
Bought by
Mr Rodriguez Acurio Futures Llc

Purchase Details

Closed on
Aug 8, 2018
Sold by
Rodriguez Jose E
Bought by
Rodriguez Maury Properties Llc

Purchase Details

Listed on
Jul 1, 2015
Closed on
Sep 25, 2015
Sold by
Sewell Aya
Bought by
Rodriguez Jose
Seller's Agent
Kim McAllister
Armor Realty, Inc
Buyer's Agent
Ingolf Askevold
A&E Realty and Property Manage
List Price
$299,990
Sold Price
$295,000
Premium/Discount to List
-$4,990
-1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$221,250
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2007
Sold by
Sewell Aya
Bought by
Sewell Aya and Aya Sewell Family Trust

Purchase Details

Closed on
Mar 31, 2004
Sold by
Knight Samuel
Bought by
Sewell Cecil and Sewell Aya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,912
Interest Rate
5.49%
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
Rodriguez Jose $178,800 Truly Title Inc
Mr Rodriguez Acurio Futures Llc -- None Available
Rodriguez Maury Properties Llc $211,500 Attorney
Rodriguez Jose $295,000 Hayward Title Group
Sewell Aya -- Attorney
Sewell Cecil $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jose $336,000
Previous Owner Rodriguez Jose $221,250
Previous Owner Sewell Cecil L $88,000
Previous Owner Sewell Cecil $203,912
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $295,000 -1.7% $82 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $299,990 -- $83 / 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 $5,810 $302,018 $70,000 $232,018
2023 $5,454 $280,641 $0 $0
2022 $4,792 $255,128 $70,000 $185,128
2021 $4,218 $219,734 $60,000 $159,734
2020 $4,155 $219,734 $60,000 $159,734
2019 $4,056 $212,176 $60,000 $152,176
2018 $3,864 $203,616 $60,000 $143,616
2017 $3,658 $200,822 $0 $0
2016 $3,251 $164,164 $0 $0
2015 $3,161 $162,410 $0 $0
2014 $3,161 $158,568 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim McAllister

    Seller's Agent in 2015

    Kim McAllister

    Armor Realty, Inc

    (850) 591-4340

    46 Total Sales

    Kim McAllister
    Section Image

  • I

    Buyer's Agent in 2015

    Ingolf Askevold

    A&E Realty and Property Manage

    Section Image
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Map

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

MLS Number: 259127

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

APN: 11-16-20-617-000.0

Florida Leon County Tallahassee 32308 Capital Circle

2240 Wednesday St Unit 1,2,3,4, Tallahassee, FL

This home is located at 2240 Wednesday St Unit 1,2,3,4, Tallahassee, FL 32308 since 01 July 2015 and is currently estimated at $402,910, approximately $111 per square foot. This property was built in 1977. 2240 Wednesday St Unit 1,2,3,4 is a home located in Leon County with nearby schools including Kate Sullivan Elementary School, Elizabeth Cobb Middle School, and Leon 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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