NOT LISTED FOR SALE

Estimated Value: $148,000 - $565,000

15 Beds
15 Baths
4,752 Sq Ft
$55/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $368,280 $78 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $1,629/month

Highlights

  • Sitting Area In Primary Bedroom
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Patio
  • Attic Fan
  • Family or Dining Combination

About This Home

As of April 2020

Great Investment Opportunity. Well maintained 4 townhomes each with 3 full bedrooms and baths (total of 15 rooms all together) ready for new owner to come in and purchase. Based on comps has potential to bring in $1,050/m which would create potential NOI of $48k, Cash Return of 14% and Cap Rate of 9%. Located in the NW of Tallahassee. Owner has one room still rented to previous students: expires end of July. 2020.

Last Agent to Sell the Property

Brian Sealey

Sealey Real Estate Solutions License #3092432 Listed on: 01/03/2020

Sealey Real Estate Solutions

Last Buyer's Agent

Brian Sealey

Sealey Real Estate Solutions License #3092432 Listed on: 01/03/2020

Sealey Real Estate Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 1998

Lot Details

  • 1,307

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Cedar

Interior Spaces

  • Sitting Area In Primary Bedroom
  • 4,752 Sq Ft Home
  • 2-Story Property
  • Family or Dining Combination
  • Utility Room Outside
  • Washer and Dryer
  • Attic Fan
  • Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Schools

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

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Shadow Lawn Cluster Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12073-21-22-73-000-020-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,178

Year Built

Built in 1998

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Sold Price Per Sq Ft: 77.5
  • Subdivision: Shadow lawn Cluster Homes
  • Tax Database Id: 9
  • Tax Item Number: 2122730000200
  • Type: Multi-Family
  • Miscellaneous Items: Patio - Individual
  • L V T Date: 04/19/2020
  • Street Designation: Way
  • Total Sq Ft: 4752
  • Year Built: 1998
  • Directions: Old Bainbrdge or CC NW to Hartsfield Rd. & turn South on Hartsfield Way; go 200ft, right & home on R
  • Elementary School: ASTORIA PARK
  • Geo Longitude: -84.3253676006117
  • High School: GODBY
  • Middle School: GRIFFIN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic/Clay, Laminate, Units Vary
  • Equipment: Range, Wash/Dry All
  • Floor Plan: Story - Two plus
  • Living Area Description: Family Room/Dining Room
  • Other Rooms: Master Bedroom - Down, Utility Room - Outside

Exterior Features

  • Construction: Redwood/Cedar/Cypress

Garage/Parking

  • Parking: Assigned Spaces

Utilities

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

Condo/Co-op/Association

  • Home Owner Feeannual: 400

Schools

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

Lot Info

  • Lot Dimensions: 138x76x123x75
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: Units Vary

Multi Family

  • Operating Exp Accuracy: Information Limited
  • Units: 4

Tax Info

  • Assessor Parcel Number: 12073-21-22-73-000-020-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Apr 17, 2020
Sold by
Tally Ville Llc
Bought by
Figgers Freddie
Seller's Agent
Brian Sealey
Sealey Real Estate Solutions
Buyer's Agent
Brian Sealey
Sealey Real Estate Solutions
List Price
$368,280
Sold Price
$368,280
Current Estimated Value
$259,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,331
Avg. Annual Appreciation
-6.29%
Original Mortgage
$69,050
Outstanding Balance
$61,657
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$198,292

Purchase Details

Closed on
May 21, 2012
Sold by
Wells Fargo Bank Na
Bought by
Tally Ville Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2011
Sold by
Hartsfield Way Llc
Bought by
Wells Fargo Bank Na
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
Figgers Freddie $92,100 Performance Title Inc
Tally Ville Llc $250,000 Attorney
Wells Fargo Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figgers Freddie $69,050
Previous Owner Majestic Re Ventures Llc $445,875
Previous Owner Tally Ville Llc $187,500
Previous Owner Reilly Curt E $108,000
Previous Owner Moon Stephen D $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2020 04/19/20 For Sale $368,280 0.0% $78 / Sq Ft
04/17/2020 04/17/20 Sold $368,280 -- $78 / 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 $2,178 $131,044 $20,000 $111,044
2023 $1,964 $96,641 $0 $0
2022 $1,710 $98,789 $12,000 $86,789
2021 $1,533 $79,868 $12,000 $67,868
2020 $1,363 $72,062 $8,000 $64,062
2019 $1,273 $66,583 $8,000 $58,583
2018 $1,234 $63,990 $8,000 $55,990
2017 $1,219 $62,428 $0 $0
2016 $1,318 $66,547 $0 $0
2015 $1,396 $70,403 $0 $0
2014 $1,396 $70,007 $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: 318031

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

APN: 21-22-73-000-019.0