NOT LISTED FOR SALE

2724 Lake Mary St Tallahassee, FL 32310

South Tallahassee Neighborhood

Estimated Value: $83,000 - $174,000

2 Beds
1 Bath
980 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $16,000 $16 Per Sq Ft

Est. 655% increase in value since last sale

Current estimated payment $746/month

171 Days on Market

Highlights

  • Craftsman Architecture
  • Separate Formal Living Room
  • Formal Dining Room
  • Wood Flooring
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of April 2013

This home has hardwood floors throughout the interior and some updates to the kitchen area. The home will need a lot of updating and some repair. The property is selling in as-is condition. This property is eligible for the Freddie Mac First look initiative - means that the home can only be purchased by owner occupants until 11/6/2012. After that date the home can be purchased by all buyers. The home is selling in as-is condition. Special addendums will be required with all accepted offers.

Last Agent to Sell the Property

Van Drake

Drake Realty, Inc. License #414277 Listed on: 10/22/2012

Last Buyer's Agent

Van Drake

Drake Realty, Inc. License #414277 Listed on: 10/22/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,371

Year Built

  • Built in 1960

Lot Details

  • 5,227

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Asbestos Siding

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Utility Room
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Pineview Elementary School
  • NIMS Middle School
  • Rickards High School

Additional Features

  • Covered Patio or Porch
  • 5,227 Sq Ft Lot
  • Water Heater

Community Details

  • Liberty Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / F
  • Assessor Parcel Number 12073-41-11-55- F-024-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,371

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Inside Capital Circle: Yes
  • Lot: 24
  • Miscellaneous: Public Sewer
  • Road Frontage Type: Maint - Gvt., Paved
  • Sold Price Per Sq Ft: 16.33
  • Style Exterior: Craftsman
  • Subdivision: Liberty Park
  • Tax Database Id: 9
  • Tax Item Number: 411155 F0240
  • Type: Detached Single Family
  • Street Designation: Street
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 980
  • Year Built: 1960
  • Directions: Orange Avenue west past Springhill Road and Lake Mary is on the left
  • Elementary School: PINEVIEW
  • Geo Longitude: -84.3098602294922
  • High School: RICKARDS
  • Middle School: NIMS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Equipment: Stove
  • Floor Plan: Story - One
  • Kitchen Dim: 6x10
  • Living Area Description: Separate Dining Room, Separate Kitchen, Separate Living Room
  • Master Bedroom Dim: 12x12
  • Other Rooms: Porch - Covered, Utility Room - Inside

Exterior Features

  • Construction: Siding - Asbestos
  • Number Of Acres: 0.12

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Water Heater: Electric
  • Utility Provider: COT: Gas, COT: Electric, COT: Water, COT: Sewer

Lot Info

  • Lot Dimensions: 50x103
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12073-41-11-55- F-024-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2014
Sold by
Coulter John S
Bought by
Martinez Miguel Angel
Current Estimated Value
$120,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Outstanding Balance
$25,820
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$94,903

Purchase Details

Listed on
Oct 22, 2012
Closed on
Apr 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Coulter John S
Seller's Agent
Van Drake
Drake Realty, Inc.
Buyer's Agent
Van Drake
Drake Realty, Inc.
List Price
$39,900
Sold Price
$16,000
Premium/Discount to List
-$23,900
-59.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%
Original Mortgage
$15,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2012
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 12, 2012
Sold by
Grant Anthony L and Enzor Latonia M
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 8, 2002
Sold by
Enzor Latonia M
Bought by
Grant Anthony L
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
Martinez Miguel Angel $30,000 None Available
Coulter John S $16,000 Attorney
Federal Home Loan Mortgage Corporation -- New House Title Llc
Bank Of America Na -- None Available
Grant Anthony L $12,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Miguel Angel $29,000
Previous Owner Coulter John S $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $16,000 -59.9% $16 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $39,900 -- $41 / 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 $1,371 $73,784 $8,500 $65,284
2023 $1,277 $63,907 $0 $0
2022 $1,101 $59,814 $8,500 $51,314
2021 $1,014 $52,815 $8,500 $44,315
2020 $945 $49,953 $8,500 $41,453
2019 $918 $48,007 $8,500 $39,507
2018 $868 $44,988 $8,500 $36,488
2017 $826 $42,327 $0 $0
2016 $296 $39,948 $0 $0
2015 $818 $39,670 $0 $0
2014 $818 $38,177 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2013

    Van Drake

    Drake Realty, Inc.

    (850) 386-6611

    6 in this area

    24 Total Sales

    Van Drake
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Map

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

MLS Number: 229569

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

APN: 41-11-55-00F-024.0

Florida Leon County Tallahassee 32310 South Tallahassee

2724 Lake Mary St, Tallahassee, FL

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