NOT LISTED FOR SALE

3193 Mission Rd Unit 1 Tallahassee, FL 32303

Hartsfield Neighborhood

Estimated Value: $498,000 - $626,763

8 Beds
5 Baths
5,141 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $490,000 $95 Per Sq Ft

Current estimated payment $3,150/month

17 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Eat-In Galley Kitchen
  • Separate Formal Living Room
  • Family Room Off Kitchen
  • Patio

About This Home

As of January 2022

Building in front (3 units) gutted, redone, upgraded, updated, up to current codes. Middle home updated new decking and roof- plumbing, Rear duplex updated both units washer and dryers some plumbing updated. Almost 1 acre lot, zoned MR1 !!! Could add more units! Perfect income stream. SERIOUS INVESTORS ONLY. Prequalification and bank letter required to show. SHOWTIME INSTRUCTIONS. Ready to rent and move in! Details in attachment. All electrical panels updated/fixed, every unit has a new water heater. Appliances TOP grade. Review/Accept all documents before making offer. ALL OFFERS DUE 11-26-2021 by Noon

Last Agent to Sell the Property

Brandon Miller

Millermark Realty License #3081485 Listed on: 11/04/2021

Last Buyer's Agent

Clay Spaulding

Proper Real Estate Advisors License #3431739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,846

Year Built

  • Built in 1961

Lot Details

  • Partially Fenced Property

Parking

  • Unassigned Parking

Home Design

  • Frame Construction
  • Siding

Interior Spaces

  • 5,141 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Open Floorplan
  • Washer and Dryer

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • The owner pays for lawn maintenance, pest control
  • Legal Lot and Block N72 / 1
  • Assessor Parcel Number 12073-21-21-51-072-281-0

Community Details

Overview

  • Plantation Of Tallahassee Peca Subdivision

Building Details

  • Gross Income $57,968
  • Net Operating Income $42,402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,846

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: N72
  • Metes Bounds: Yes
  • Sold Price Per Sq Ft: 95.31
  • Subdivision: Plantation Of Tallahassee Peca
  • Tax Database Id: 9
  • Tax Item Number: 2121510722810
  • Type: Multi-Family
  • Miscellaneous Items: Fencing - Partial, Patio - Individual, Storage Shed, Units Vary
  • L V T Date: 10/25/2021
  • Street Designation: Road
  • Total Sq Ft: 5141
  • Year Built: 1961
  • Directions: Tharpe St, North on Mission Road, Home on Right side
  • Elementary School: RILEY
  • Geo Longitude: -84.344109
  • High School: GODBY
  • Middle School: GRIFFIN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic/Clay, Laminate, Off Grade, Slab, Some Carpet, Wood, Units Vary
  • Equipment: Dead Bolt, Dishwasher, Disposal, Microwave, Range, Refrig/Icemaker, Refrigerator, Wash/Dry Some, Units Vary
  • Fireplace: Yes
  • Floor Plan: Story - One
  • Living Area Description: Family Room, Family Room/Dining Room, Kitchen with Bar, Kitchen - Eat In, Kitchen - Galley, Kitchen/Dining Room, Kitchen/Family Room, Separate Dining Room, Separate Living Room, Units Vary
  • Other Rooms: Foyer, Pantry, Units Vary

Exterior Features

  • Construction: Concrete Block, Frame, Siding - Fiber Cement

Garage/Parking

  • Parking: Area - Unassigned

Utilities

  • Heating: Central, Electric, Fireplace - Wood
  • Cooling: Central, Electric, Fans - Ceiling, Window/Wall, Units Vary

Condo/Co-op/Association

  • Unit: 1

Schools

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

Lot Info

  • Lot Dimensions: 147 x 270 x147 x 270
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year, Month To Month, Units Vary
  • Tenants Rent Includes: Lawn Maintenance, Pest Control

Multi Family

  • Capitalization Rate: 7.87
  • Expenses: 15566
  • Gross Income: 57968
  • Gross Rent Multiplier: 9.58
  • Net Income: 42402
  • Operating Exp Accuracy: Broker Pro Forma
  • Owners Expenses: Insurance, Legal/Accounting, Licenses/Permits, Maintenance/Repairs, Management, Pest Control
  • Units: 6

Tax Info

  • Taxes: 1898
  • Assessor Parcel Number: 12073-21-21-51-072-281-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 14, 2022
Sold by
Millermark Realty Llc
Bought by
Tallahassee Stone 4 Llc
Seller's Agent
Brandon Miller
Millermark Realty
Buyer's Agent
Clay Spaulding
Proper Real Estate Advisors
List Price
$539,000
Sold Price
$490,000
Premium/Discount to List
-$49,000
-9.09%
Current Estimated Value
$491,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,808
Avg. Annual Appreciation
3.62%
Original Mortgage
$367,500
Outstanding Balance
$103,536
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$457,155

Purchase Details

Closed on
Apr 15, 2021
Sold by
New Centuryholding Of Tallahassee Inc
Bought by
Millermark Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2012
Sold by
Robert Victor and Robert Ruth
Bought by
New Century Holding Of Tallahassee Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2008
Sold by
Tomaskovic Milica
Bought by
Robert Victor and Robert Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,837
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 1999
Sold by
Wise Jerald A and Wise John R
Bought by
Tomaskovic Milica
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
Tallahassee Stone 4 Llc $490,000 Rayboun Law Group Pllc
Millermark Realty Llc $130,000 Attorney
New Century Holding Of Tallahassee Inc $165,000 North Florida Abstract & Tit
Robert Victor $80,000 Stewart Title Of Tallahassee
Tomaskovic Milica -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tallahassee Stone 4 Llc $367,500
Previous Owner Millermark Realty Llc $97,500
Previous Owner New Century Holding Of Tallahassee Inc $165,000
Previous Owner Robert Victor $81,837
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $490,000 -9.1% $95 / Sq Ft
11/22/2021 11/22/21 Price Changed $539,100 0.0% $105 / Sq Ft
11/05/2021 11/05/21 Price Changed $539,000 0.0% $105 / Sq Ft
11/05/2021 11/05/21 For Sale $539,000 -6.3% $105 / Sq Ft
10/28/2021 10/28/21 Price Changed $575,000 -- $112 / 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 $6,846 $355,868 $95,000 $260,868
2023 $6,311 $326,159 $95,000 $231,159
2022 $4,457 $237,271 $85,000 $152,271
2021 $1,977 $102,986 $65,000 $37,986
2020 $3,421 $180,904 $65,000 $115,904
2019 $3,354 $175,460 $65,000 $110,460
2018 $3,266 $169,296 $65,000 $104,296
2017 $3,266 $167,283 $0 $0
2016 $3,217 $162,487 $0 $0
2015 $3,168 $161,225 $0 $0
2014 $3,168 $158,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Miller

    Seller's Agent in 2022

    Brandon Miller

    Millermark Realty

    (850) 322-3978

    1 in this area

    6 Total Sales

    Brandon Miller
    Section Image

  • C

    Buyer's Agent in 2022

    Clay Spaulding

    Proper Real Estate Advisors

    Section Image
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Map

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

MLS Number: 338767

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

APN: 21-21-51-072-281.0

Florida Leon County Tallahassee 32303 Hartsfield

3193 Mission Rd Unit 1, Tallahassee, FL

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