NOT LISTED FOR SALE

3012 Jim Lee Rd Unit A and B Tallahassee, FL 32301

South Tallahassee Neighborhood

Estimated Value: $185,000 - $216,000

4 Beds
2 Baths
1,305 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $78,500 $60 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,207/month

151 Days on Market

Highlights

  • Eat-In Kitchen
  • Four Sided Brick Exterior Elevation
  • Ceiling Fan
  • 1-Story Property
  • Central Heating and Cooling System
  • Family Room

About This Home

As of January 2015

Unit A's lease ends December 31, 2015; Unit B's lease ends June 30, 2015. Please give 24-hour notice to listing agent prior to showing these occupied units. What an awesome income-producing machine that will stand the test of time with 4 side bricks, a new roof, washer and dryer included with a storage room. This property features a completely new built porch and deck for safety and beauty overlooking an immense backyard which people will find attractive for families and their lovely pet family as well. New appliances, new kitchen cabinets with countertops, new carpet, new sliding glass door, new bathroom floor and wall tile. New bathroom vanity, vanity light, sink, and toilets.

Last Agent to Sell the Property

Rachel Alexander

Keller Williams Town & Country License #3299281 Listed on: 08/15/2014

Keller Williams Town & Country

Last Buyer's Agent

Brian Sealey

Sealey Real Estate Solutions License #3092432

Sealey Real Estate Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1973

Lot Details

  • 0.36

Parking

  • Assigned Parking

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Schools

  • Bond Elementary School
  • Fairview Middle School
  • Rickards High School

Additional Features

  • Property is Fully Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for lawn maintenance, pest control
  • Tax Lot 22

Community Details

Overview

  • Shuford Unrec Subdivision

Building Details

  • Gross Income $15,000
  • Net Operating Income $13,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 22
  • Sold Price Per Sq Ft: 60.15
  • Subdivision: Shuford Unrec
  • Tax Item Number: 30107050000220
  • Type: Multi-Family
  • Miscellaneous Items: Fencing - Full
  • Street Designation: Road
  • Total Sq Ft: 1305
  • Year Built: 1973
  • Directions: South on Magnolia Drive, left onto Jim Lee
  • Elementary School: BOND
  • Geo Longitude: -84.264313
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Equipment: Dead Bolt, Fire Alarm, Microwave, Range
  • Floor Plan: Story - One
  • Living Area Description: Family Room, Kitchen - Eat In

Exterior Features

  • Construction: Brick 4 Sides

Garage/Parking

  • Parking: Assigned Spaces

Utilities

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

Condo/Co-op/Association

  • Unit: A and B

Schools

  • Elementary School: BOND
  • Middle School: FAIRVIEW
  • High School: RICKARDS

Lot Info

  • Lot Dimensions: 75x210
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year
  • Tenants Rent Includes: Lawn Maintenance, Pest Control

Multi Family

  • Capitalization Rate: 15
  • Expenses: 1824
  • Gross Income: 15000
  • Gross Rent Multiplier: 5.66
  • Net Income: 13168
  • Operating Exp Accuracy: Owner Provided
  • Owners Expenses: Maintenance/Repairs
  • Units: 2

Tax Info

  • Taxes: 1232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2013
Sold by
Fannie Mae
Bought by
Equity Trust Company and Bobbi Peters Ira Z133359
Current Estimated Value
$196,518

Purchase Details

Closed on
Jul 23, 2012
Sold by
Majeed Naim
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 27, 2006
Sold by
The Tallahassee State Bank
Bought by
Majeed Naim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2006
Sold by
Walker Thedrick Addys
Bought by
The Tallahassee State Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 1997
Sold by
Mitchell Anne Irby and Mitchell Mary Elizabeth
Bought by
Walker Thedrick Addys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.52%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 1997
Sold by
Irby William W
Bought by
Mitchell Anne Irby and Mitchell Mary Elizabeth
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
Equity Trust Company $44,000 Attorney
Federal National Mortgage Association -- None Available
Majeed Naim $97,000 Attorney
The Tallahassee State Bank $185,000 None Available
Walker Thedrick Addys $50,000 --
Mitchell Anne Irby $35,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Majeed Naim $87,300
Previous Owner Walker Thedrick Addys $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $78,500 -7.5% $60 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $84,900 -- $65 / 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 $1,974 $108,536 $25,000 $83,536
2023 $1,797 $91,180 $0 $0
2022 $1,560 $83,435 $24,000 $59,435
2021 $1,446 $75,355 $24,000 $51,355
2020 $1,425 $75,355 $24,000 $51,355
2019 $1,394 $72,952 $24,000 $48,952
2018 $1,355 $70,227 $24,000 $46,227
2017 $1,362 $69,755 $0 $0
2016 $1,339 $67,617 $0 $0
2015 $1,314 $67,053 $0 $0
2014 $1,314 $65,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rachel Alexander

    Keller Williams Town & Country

    Section Image

  • B

    Buyer's Agent in 2015

    Brian Sealey

    Sealey Brand

    Section Image
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Map

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

MLS Number: 248943

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

APN: 31-07-05-000-022.0

Florida Leon County Tallahassee 32301 South Tallahassee

3012 Jim Lee Rd Unit A and B, Tallahassee, FL

This home is located at 3012 Jim Lee Rd Unit A and B, Tallahassee, FL 32301 since 15 August 2014 and is currently estimated at $196,518, approximately $150 per square foot. This property was built in 1973. 3012 Jim Lee Rd Unit A and B is a home located in Leon County with nearby schools including Bond Elementary School, Fairview Middle School, and James Rickards 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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