NOT LISTED FOR SALE

262 S Villas Ct Unit A & B, C? Tallahassee, FL 32303

North Tallahassee Neighborhood

Estimated Value: $376,000 - $649,000

6 Beds
5 Baths
3,078 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $230,000 $75 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,037/month

85 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Leon High School Rated A
  • Walk-In Closet
  • 1-Story Property

About This Home

As of August 2021

Great Investment Opportunity close to downtown and on the outskirts of Midtown! This Duplex/triplex offers Four bedrooms three full baths in unit A, Two bedrooms one full bath in unit B and a possible unit C efficiency with full bath and walk in closet that is currently being used as storage. New roof 2018. Units are currently leased under market with long term tenant for $1820.00 a month. Current lease expires May 31, 2021. Tenants would like to remain as tenants with new owner.

Last Agent to Sell the Property

Nathan Newell

Amac Real Estate Co. License #3016514 Listed on: 04/26/2021

Last Buyer's Agent

Michele Hafez

David M. Burks Property Mgmt. License #3486247

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,890

Year Built

  • Built in 1978

Lot Details

  • 0.3

Parking

  • Unassigned Parking

Home Design

  • Frame Construction
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Walk-In Closet
  • 3,078 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Schools

  • Ruediger Elementary School
  • Raa Middle School
  • Leon High School

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • The Villas Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Tax Lot 6
  • Assessor Parcel Number 12073-21-24-80-000-006-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,890

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 6
  • Sold Price Per Sq Ft: 74.72
  • Subdivision: THE VILLAS
  • Tax Database Id: 9
  • Tax Item Number: 2124800000060
  • Type: Multi-Family
  • Miscellaneous Items: Deck
  • L V T Date: 04/26/2021
  • Total Sq Ft: 3078
  • Year Built: 1978
  • Directions: N Meridian Rd to Pinewood to right on Villas Ct.
  • Elementary School: RUEDIGER
  • Geo Longitude: -84.282536
  • High School: LEON
  • Middle School: RAA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic/Clay
  • Equipment: Dishwasher, Range, Refrigerator
  • Floor Plan: Story - One
  • Living Area Description: Family Room/Dining Room
  • Other Rooms: Sunroom, Utility Room - Inside, Walk in Closet, Units Vary

Exterior Features

  • Construction: Brick 1 or 2 Sides, Frame, Siding - Vinyl

Garage/Parking

  • Parking: Area - Unassigned

Utilities

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

Condo/Co-op/Association

  • Unit: A & B, C?

Schools

  • Elementary School: RUEDIGER
  • Middle School: RAA
  • High School: LEON

Lot Info

  • Lot Dimensions: 121x72x103x112x38
  • Geo Subdivision: FL

Rental Info

  • Tenants Rent Includes: Lawn Maintenance

Multi Family

  • Operating Exp Accuracy: Owner Provided
  • Units: 2

Tax Info

  • Taxes: 3243
  • Assessor Parcel Number: 12073-21-24-80-000-006-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Aug 4, 2021
Sold by
Sullivan Russell and Sullivan Bridget
Bought by
Tally Str Llc
Seller's Agent
Nathan Newell
Amac Real Estate Co.
Buyer's Agent
Michele Hafez
David M. Burks Property Mgmt.
List Price
$285,000
Sold Price
$230,000
Premium/Discount to List
-$55,000
-19.3%
Current Estimated Value
$475,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,913
Avg. Annual Appreciation
16.95%
Original Mortgage
$166,000
Outstanding Balance
$43,780
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$385,850

Purchase Details

Closed on
Apr 11, 2018
Sold by
Capital B Llc
Bought by
Sullivan Russell and Sullivan Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,551
Interest Rate
4.43%
Mortgage Type
VA

Purchase Details

Closed on
Apr 6, 2018
Sold by
Capital B Llc
Bought by
Sullivan Russell and Sullivan Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,551
Interest Rate
4.43%
Mortgage Type
VA

Purchase Details

Closed on
Jul 14, 2015
Sold by
Fannie Mae
Bought by
Capital B Llc

Purchase Details

Closed on
Jan 24, 2014
Sold by
Holley Carter C
Bought by
Federal National Mortgage Association
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
Tally Str Llc $230,000 Florida Title Professional
Sullivan Russell $188,000 None Listed On Document
Sullivan Russell $188,000 Attorney
Capital B Llc $126,000 Oak Ridge Title
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tally Str Llc $166,000
Previous Owner Sullivan Russell $210,551
Previous Owner Sullivan Russell $210,551
Previous Owner Capital B Llc --
Previous Owner Capital B Llc $161,000
Previous Owner Holley Carter C $270,000
Previous Owner Holley Carter C $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $230,000 -14.8% $75 / Sq Ft
06/15/2021 06/15/21 Price Changed $270,000 -5.3% $88 / Sq Ft
04/26/2021 04/26/21 For Sale $285,000 -- $93 / 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 $4,890 $266,129 $70,000 $196,129
2023 $4,485 $226,831 $0 $0
2022 $3,873 $206,210 $45,000 $161,210
2021 $3,478 $181,202 $40,000 $141,202
2020 $3,243 $171,492 $36,000 $135,492
2019 $3,157 $165,151 $36,000 $129,151
2018 $3,047 $157,973 $36,000 $121,973
2017 $3,038 $155,624 $0 $0
2016 $2,971 $150,041 $0 $0
2015 $2,114 $148,571 $0 $0
2014 $2,114 $144,599 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Newell

    Seller's Agent in 2021

    Nathan Newell

    Amac Real Estate Co.

    (850) 294-2701

    3 in this area

    97 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Michele Hafez

    David M. Burks Property Mgmt.

    (414) 628-0870

    1 in this area

    4 Total Sales

    Section Image
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Map

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

MLS Number: 331424

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

APN: 21-24-80-000-006.0

Florida Leon County Tallahassee 32303 North Tallahassee

262 S Villas Ct Unit A & B, C?, Tallahassee, FL

This home is located at 262 S Villas Ct Unit A & B, C?, Tallahassee, FL 32303 since 26 April 2021 and is currently estimated at $475,913, approximately $154 per square foot. This property was built in 1978. 262 S Villas Ct Unit A & B, C? is a home located in Leon County with nearby schools including Ruediger Elementary School, Augusta Raa 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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