NOT LISTED FOR SALE

2531 W Tharpe St Tallahassee, FL 32303

University Neighborhood

Estimated Value: $260,000 - $370,382

5 Beds
3 Baths
2,306 Sq Ft
$137/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $260,000 $113 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,118/month

1,602 Days on Market

Highlights

  • 4.55 Acre Lot
  • Victorian Architecture
  • Formal Dining Room
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Fireplace

About This Home

As of February 2024

This is a Great opportunity for a large house on 4.55 Acres with workshop with room to expand. Large 2306 sq ft home on property with large workshop. Leased, but can be terminated with notice. Possibly rezone into commercial.

Last Agent to Sell the Property

John D. Stehmeyer

Pro Players Realty USA License #3135041 Listed on: 08/01/2019

Last Buyer's Agent

John D. Stehmeyer

Pro Players Realty USA License #3135041 Listed on: 08/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,637

Year Built

  • Built in 1955

Lot Details

  • 4.55

Parking

  • 2 Carport Spaces

Home Design

  • Victorian Architecture

Interior Spaces

  • 2,306 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Separate Family Room
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Schools

  • Riley Elementary School
  • Griffin Middle School
  • Godby High School

Additional Features

  • 4.55 Acre Lot
  • Water Heater

Community Details

  • Pecan Endowment Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 12073-21-21-51-010-137-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,637

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Inside Capital Circle: Yes
  • Lot: 10
  • Metes Bounds: Yes
  • Road Frontage Type: Maint - Gvt.
  • Sold Price Per Sq Ft: 112.75
  • Style Exterior: Victorian
  • Subdivision: PECAN ENDOWMENT
  • Tax Database Id: 9
  • Tax Item Number: 2121510101370
  • Type: Detached Single Family
  • L V T Date: 08/01/2019
  • Street Designation: Street
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 2306
  • Year Built: 1955
  • Directions: West of Tharpe St, passed Valley Green Dr. Home on Left.
  • Elementary School: RILEY
  • Geo Longitude: -84.33452
  • High School: GODBY
  • Middle School: GRIFFIN
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Dishwasher, Oven(s), Refrigerator, Stove
  • Fireplace: Yes
  • Floor Plan: Bedroom - Split Plan, Story - Two MBR Down
  • Kitchen Dim: 14x8
  • Living Area Description: Separate Family Room, Kitchen - Eat In, Separate Dining Room, Separate Kitchen, Separate Living Room
  • Master Bedroom Dim: 12x15

Exterior Features

  • Number Of Acres: 4.55

Garage/Parking

  • Garage: Carport - 2 Car

Utilities

  • Water Heater: Electric

Schools

  • Elementary School: RILEY
  • Middle School: GRIFFIN
  • High School: GODBY

Lot Info

  • Lot Dimensions: 676x304x673x315
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12073-21-21-51-010-137-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Feb 23, 2024
Sold by
Pippenger Alan C and Pippenger Carolyn E
Bought by
Reese Jerome and Bradshaw Sherry
Seller's Agent
John D. Stehmeyer
Pro Players Realty USA
Buyer's Agent
John D. Stehmeyer
Pro Players Realty USA
List Price
$350,000
Sold Price
$260,000
Premium/Discount to List
-$90,000
-25.71%
Current Estimated Value
$314,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,846
Avg. Annual Appreciation
12.07%
Original Mortgage
$260,000
Outstanding Balance
$255,448
Interest Rate
6.66%
Mortgage Type
VA
Estimated Equity
$59,398
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
Reese Jerome $260,000 None Listed On Document
Reese Jerome $260,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Jerome $260,000
Closed Reese Jerome $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $260,000 0.0% $113 / Sq Ft
01/08/2022 01/08/22 Off Market $260,000 -- --
11/29/2021 11/29/21 Price Changed $289,450 -0.2% $126 / Sq Ft
10/15/2021 10/15/21 Price Changed $290,000 -17.1% $126 / Sq Ft
02/22/2021 02/22/21 For Sale $350,000 +34.6% $152 / Sq Ft
01/30/2020 01/30/20 Off Market $260,000 -- --
08/01/2019 08/01/19 For Sale $350,000 -- $152 / 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 $5,637 $293,027 $68,750 $224,277
2023 $5,259 $266,735 $0 $0
2022 $4,694 $267,921 $68,750 $199,171
2021 $4,354 $241,254 $68,750 $172,504
2020 $3,789 $200,402 $68,250 $132,152
2019 $3,725 $194,888 $68,250 $126,638
2018 $3,679 $190,690 $68,250 $122,440
2017 $2,306 $159,694 $0 $0
2016 $2,278 $156,409 $0 $0
2015 $2,260 $155,322 $0 $0
2014 $2,260 $154,089 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John D. Stehmeyer

    Seller's Agent in 2024

    John D. Stehmeyer

    Pro Players Realty USA

    (850) 545-4663

    8 in this area

    67 Total Sales

    John D. Stehmeyer
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Map

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

MLS Number: 309469

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

APN: 21-21-51-010-137.0

Florida Leon County Tallahassee 32303 University

2531 W Tharpe St, Tallahassee, FL

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