NOT LISTED FOR SALE

2949 Olson Landing Rd Unit 1 Tallahassee, FL 32308

Capital Circle Neighborhood

Estimated Value: $203,000 - $232,000

3 Beds
2.5 Baths
1,458 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $105,000 $72 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,304/month

139 Days on Market

Highlights

  • Traditional Architecture
  • End Unit
  • Tile Flooring
  • Lincoln High School Rated A
  • Walk-In Closet
  • Brick Front

About This Home

As of April 2014

JUST REDUCED. LOOKS NICE! GREAT INVESTMENT OPPORTUNITY. THIS IS A FANNIE MAE HOME PATH PROPERTY. THIS PROPERTY IS SOLD IN "AS IS" CONDITION WITH A 10 DAY RIGHT TO INSPECT. IT IS STRONGLY ENCOURAGED THAT AN OFFER INCLUDES PROOF OF FUNDS (IF CASH OFFER), OR PRE-APPROVAL (IF FINANCING) AND IS A REQUIREMENT FOR SELLER’S FINAL ACCEPTANCE.

Last Agent to Sell the Property

Sherry Hobbs

Big Fish Real Estate Services License #707155 Listed on: 08/23/2013

Last Buyer's Agent

Ramona Cumbie

Ketcham Realty Group, Inc. License #3249120

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 2000

Lot Details

  • 3,485 Sq Ft Lot
  • End Unit

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,458 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Schools

  • Wt Moore Elementary School
  • Cobb Middle School
  • Lincoln High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • Olson Landing Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 12073-11-09-35-000-009-0

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,804

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Inside Capital Circle: Yes
  • Lot: 9
  • Miscellaneous: 9 + Foot Ceilings
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 72.02
  • Style Exterior: Traditional/Classical
  • Subdivision: OLSON LANDING
  • Tax Database Id: 9
  • Tax Item Number: 1109350000090
  • Type: Townhouse
  • Street Designation: Landing
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1458
  • Year Built: 2000
  • Directions: CAP. CIR. & CENTERVILLE TAKE OLSON TO OLSON LANDING
  • Elementary School: WT MOORE
  • Geo Longitude: -84.2290267944336
  • High School: LINCOLN
  • Middle School: COBB
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Tile
  • Equipment: Dishwasher, Oven(s)
  • Floor Plan: Unit - End, Story - Two MBR Up
  • Kitchen Dim: 11X11
  • Living Area Description: Combo Living Rm/DiningRm
  • Master Bedroom Dim: 16X13
  • Other Rooms: Pantry, Utility Room - Inside, Walk-in Closet

Exterior Features

  • Construction: Brick 1 or 2 Sides, Siding - Vinyl, Slab
  • Number Of Acres: 0.08

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric, Fans - Ceiling
  • Water Heater: Electric
  • Utility Provider: COT: Gas, COT: Electric, COT: Water, COT: Sewer

Condo/Co-op/Association

  • Unit: 1

Schools

  • Elementary School: WT MOORE
  • Middle School: COBB
  • High School: LINCOLN

Lot Info

  • Lot Dimensions: 30 X 120
  • Geo Subdivision: FL

Tax Info

  • Taxes: 1010
  • Assessor Parcel Number: 12073-11-09-35-000-009-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2018
Sold by
Correa Bernard
Bought by
Gerges Andrew M and Samaan Engy M
Current Estimated Value
$218,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Outstanding Balance
$101,819
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$116,569

Purchase Details

Listed on
Aug 23, 2013
Closed on
Mar 24, 2014
Sold by
Federal National Mortgage Association
Bought by
Correa Bernard
Seller's Agent
Sherry Hobbs
Big Fish Real Estate Services
Buyer's Agent
Ramona Cumbie
Ketcham Realty Group, Inc.
List Price
$124,500
Sold Price
$105,000
Premium/Discount to List
-$19,500
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$103,098
Interest Rate
4.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2013
Sold by
Newhall Dawn M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 15, 2007
Sold by
Jeke Properties Lc
Bought by
Newhall Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1998
Sold by
Olson Landing Inc
Bought by
West Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
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
Gerges Andrew M $148,000 North Florida Title Co
Correa Bernard $105,000 New House Title Llc
Federal National Mortgage Association $134,300 Attorney
Newhall Dawn M $155,000 Attorney
West Custom Homes Inc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerges Andrew M $118,000
Previous Owner Correa Bernard $103,098
Previous Owner Newhall Dawn M $155,000
Previous Owner West Custom Homes Inc $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $105,000 -15.7% $72 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
08/23/2013 08/23/13 For Sale $124,500 -- $85 / 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 $1,804 $136,800 -- --
2023 $1,739 $132,816 $0 $0
2022 $1,620 $128,948 $0 $0
2021 $1,590 $125,192 $0 $0
2020 $1,538 $123,464 $0 $0
2019 $1,505 $120,688 $20,000 $100,688
2018 $932 $90,073 $0 $0
2017 $910 $88,220 $0 $0
2016 $892 $86,405 $0 $0
2015 $1,704 $85,804 $0 $0
2014 $1,704 $85,484 $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: 238114

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

APN: 11-09-35-000-009.0