NOT LISTED FOR SALE

2500 Holton St Tallahassee, FL 32310

FAMU Neighborhood
10 Beds
4 Baths
95,264 Sq Ft
1969 Built

Last Sold July 31, 2018

Last sale price $3,125,000 $33 Per Sq Ft

186 Days on Market

Highlights

  • Separate Formal Living Room
  • Eat-In Kitchen
  • Four Sided Brick Exterior Elevation
  • Leon High School Rated A
  • Shed
  • Central Heating and Cooling System

About This Home

As of July 2018

100 unit (64 3-bedroom, 36 2-bedroom), 11 building apartment complex with management office, laundry facility, playground, community center, and ample amount of parking space available for tenants and guests. New roofs on 4 buildings 2017, new HVAC in all units 2014, new electrical service 2014, new water heaters (tankless & tanked) 2014. Constructed to last, this property is built on CBS block, exterior is 4" brick, interior walls are 8" concrete block with 2" air space, and the partition walls are made up of 8" concrete block. The complex sits on approximately 8.5 acres and is gated along the exterior with a 6.5' iron fence. Walking distance from Nims Middle School and just minutes from downtown, TLH airport, FAMU, FSU, and TCC campuses. The complex is approved under Tallahassee Housing Authority program, this is not HUD/Section 8 housing.

Last Agent to Sell the Property

John McLaughlin

Canopy Road Realty License #3269952 Listed on: 09/21/2017

Last Buyer's Agent

John McLaughlin

Canopy Road Realty License #3269952 Listed on: 09/21/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Parking

  • Unassigned Parking

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 95,264 Sq Ft Home
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Eat-In Kitchen

Schools

  • Bond Elementary School
  • NIMS Middle School
  • Leon High School

Additional Features

  • Shed
  • Interior Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for all utilities, garbage/trash collection, lawn maintenance
  • Legal Lot and Block 11 / C
  • Assessor Parcel Number 12073-41-11-20-024-000-0

Community Details

Building Details

  • Gross Income $533,700
  • Net Operating Income $284,386

Additional Features

  • Stoutamire Subdivision
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 11
  • Sold Price Per Sq Ft: 32.8
  • Subdivision: Stoutamire
  • Tax Database Id: 9
  • Tax Item Number: 4111200240000
  • Type: Multi-Family
  • Miscellaneous Items: Storage Shed
  • L V T Date: 09/21/2017
  • Total Sq Ft: 95264
  • Year Built: 1969
  • Directions: CCNE to R on Centerville, R Orange, R Holton, on L
  • Elementary School: BOND
  • Geo Longitude: -84.29675
  • High School: LEON
  • Middle School: NIMS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Slab, Vinyl Tile
  • Equipment: Community Laundry
  • Floor Plan: Unit - Interior, Unit - Upstairs
  • Living Area Description: Kitchen - Eat In, Kitchen/Dining Room, Separate Living Room

Exterior Features

  • Construction: Brick 4 Sides, Concrete Block

Garage/Parking

  • Parking: Area - Unassigned

Utilities

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

Schools

  • Elementary School: BOND
  • Middle School: NIMS
  • High School: LEON

Lot Info

  • Lot Dimensions: 866x706
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year
  • Tenants Rent Includes: All Utilities, Garbage/Trash Collection, Lawn Maintenance

Multi Family

  • Capitalization Rate: 6.63
  • Expenses: 255314
  • Gross Income: 533700
  • Net Income: 284386
  • Operating Exp Accuracy: Books Avail w/Contract, Broker Pro Forma, Owner Provided
  • Owners Expenses: Com Area Maint/Assoc Fee, Insurance, Maintenance/Repairs, Management, Payroll, Taxes, Trash/Garbage, Water/Sewer
  • Units: 100
  • Vacancy: 79

Tax Info

  • Taxes: 36339
  • Assessor Parcel Number: 12073-41-11-20-024-000-0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $3,125,000 -16.7% $33 / Sq Ft
04/02/2018 04/02/18 For Sale $3,750,000 +20.0% $39 / Sq Ft
04/01/2018 04/01/18 Off Market $3,125,000 -- --
03/27/2018 03/27/18 Pending -- -- --
03/04/2018 03/04/18 For Sale $3,750,000 +20.0% $39 / Sq Ft
01/10/2018 01/10/18 Off Market $3,125,000 -- --
10/24/2017 10/24/17 Price Changed $3,750,000 -10.7% $39 / Sq Ft
09/21/2017 09/21/17 For Sale $4,200,000 +663.6% $44 / Sq Ft
02/15/2013 02/15/13 Sold $550,000 -78.0% $6 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
07/31/2012 07/31/12 For Sale $2,500,000 -- $26 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John McLaughlin

    Seller's Agent in 2018

    John McLaughlin

    Canopy Road Realty

    (850) 296-2864

    31 Total Sales

    John McLaughlin
    Section Image

  • E

    Seller's Agent in 2013

    Emmanuel Williams

    Amac Real Estate Co.

    (850) 294-8439

    1 in this area

    7 Total Sales

    Emmanuel Williams
    Section Image

  • N

    Buyer Co-Listing Agent in 2013

    Na'im Majeed

    Cobb Realty & Investment Compa

    (850) 545-6597

    19 in this area

    54 Total Sales

    Na'im Majeed
    Section Image
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Map

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

MLS Number: 285991

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

APN: 41-11-20-024-000.0

Florida Leon County Tallahassee 32310 FAMU

2500 Holton St, Tallahassee, FL

This home is located at 2500 Holton St, Tallahassee, FL 32310 since 21 September 2017. This property was built in 1969. 2500 Holton St is a home located in Leon County with nearby schools including Bond Elementary School, R. Frank Nims 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.
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