NOT LISTED FOR SALE

2511 Dundee Dr Unit 2 Units - 2511 & 251 Tallahassee, FL 32308

Northeast Tallahassee Neighborhood

Estimated Value: $240,000 - $304,000

4 Beds
4 Baths
1,692 Sq Ft
$164/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $165,500 $98 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,754/month

Highlights

  • End Unit
  • Ceramic Tile Flooring
  • Family or Dining Combination
  • Gilchrist Elementary School Rated A
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of January 2018

Great opportunity to own a rental Duplex in the NE section of Tallahassee. Great location near I-10 & Thomasville Rd. Huge yard. Live in one side and rent the other. Over $40k worth of improvements & repairs completed over the past 4 years. Most recent rents were $1,625 total per month. Units just became Vacant.

Last Agent to Sell the Property

Will Lawler

Terra Land Group License #3075631 Listed on: 12/01/2017

Last Buyer's Agent

Damian Costantino

Keller Williams Town & Country License #3232125

Keller Williams Town & Country

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.4

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,692 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family or Dining Combination

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Garage
  • Carport

Schools

  • Gilchrist Elementary School
  • Cobb Middle School
  • Lincoln High School

Additional Features

  • End Unit
  • Central Heating and Cooling System

Community Details

  • Kipwood Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 12073-11-09-13-000-002-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lot: 2
  • Metes Bounds: Yes
  • Sold Price Per Sq Ft: 97.81
  • Subdivision: Kipwood
  • Tax Database Id: 9
  • Tax Item Number: 1109130000020
  • Type: Multi-Family
  • L V T Date: 12/01/2017
  • Street Designation: Drive
  • Total Sq Ft: 1692
  • Year Built: 1976
  • Directions: Cap Cir NE to Eastgate Way to Dundee Dr, end on Rt
  • Elementary School: GILCHRIST
  • Geo Longitude: -84.23505
  • High School: LINCOLN
  • Middle School: COBB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic/Clay, Vinyl
  • Equipment: Dead Bolt, Dishwasher, Disposal, Range, Refrig/Icemaker, Refrigerator
  • Floor Plan: Story - Two plus, Unit - End
  • Living Area Description: Family Room/Dining Room

Exterior Features

  • Construction: Siding - Vinyl

Garage/Parking

  • Parking: Individual Carport, Individual Garage

Utilities

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

Condo/Co-op/Association

  • Unit: 2 Units - 2511 & 2515

Lot Info

  • Lot Dimensions: 125x143x119x155
  • Geo Subdivision: FL

Multi Family

  • Operating Exp Accuracy: Books Avail w/Contract
  • Owners Expenses: Management, Taxes
  • Units: 2

Tax Info

  • Assessor Parcel Number: 12073-11-09-13-000-002-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jan 8, 2018
Sold by
Greenfish Llc
Bought by
Varn Shane
Seller's Agent
Will Lawler
Terra Land Group
Buyer's Agent
Damian Costantino
Keller Williams Town & Country
List Price
$164,500
Sold Price
$165,500
Premium/Discount to List
$1,000
0.61%
Current Estimated Value
$278,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,736
Avg. Annual Appreciation
6.77%
Original Mortgage
$124,125
Outstanding Balance
$104,039
Interest Rate
3.95%
Estimated Equity
$174,197

Purchase Details

Closed on
Mar 26, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Greenfish Llc

Purchase Details

Closed on
Jan 30, 2013
Sold by
Gmac Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 18, 2012
Sold by
Culley Joseph A and Culley Rebecca H
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Mar 10, 2004
Sold by
Callahan Ronald and Callahan Teresa
Bought by
Culley Joseph A and Culley Rebecca H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,200
Interest Rate
5.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2002
Sold by
Lau Wally P and Lau Sheila S
Bought by
Callahan Ronald and Callahan Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.08%

Purchase Details

Closed on
Oct 20, 1995
Sold by
Lau Wally P
Bought by
City Tallahassee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Varn Shane -- --
Greenfish Llc $100,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Gmac Mortgage Llc -- None Available
Culley Joseph A $135,000 --
Callahan Ronald $115,000 --
City Tallahassee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varn Shane $124,125
Closed Varn Shane --
Previous Owner Culley Joseph A $128,200
Previous Owner Callahan Ronald $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $165,500 +0.6% $98 / Sq Ft
12/01/2017 12/01/17 For Sale $164,500 -- $97 / 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
2025 $3,494 $183,993 $35,000 $148,993
2024 $3,200 $170,604 $35,000 $135,604
2023 $2,957 $149,697 $0 $0
2022 $2,580 $140,433 $32,000 $108,433
2021 $2,375 $123,716 $30,000 $93,716
2020 $2,339 $123,717 $30,000 $93,717
2019 $2,281 $119,340 $30,000 $89,340
2018 $2,207 $114,381 $30,000 $84,381
2017 $2,201 $112,758 $0 $0
2016 $2,178 $109,973 $0 $0
2015 $2,146 $108,944 $0 $0
2014 $2,146 $107,637 $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: 287917

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

APN: 11-09-13-000-002.0