NOT LISTED FOR SALE

3207 Jim Lee Rd Unit A Tallahassee, FL 32301

South Tallahassee Neighborhood

Estimated Value: $265,000 - $388,000

4 Beds
4 Baths
2,492 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $377,675 $152 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,974/month

36 Days on Market

Highlights

  • Walk-In Closet
  • 1-Story Property
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Utility Room

About This Home

As of May 2023

Fantastic Quadraplex Investment Opportunity! Consisting of 4, 1 Bedroom/1 Bathroom Units within a One-Story Floorplan. The units are updated, well maintained, and in move-in ready condition with long-term tenants in place. Currently managed by a local Property Managment Company. Nice and Bright, each unit has it's own full-size kitchen, washer/dryer, and HVAC system. Interior Updates include vinyl plank flooring throughout the living area, carpet in the bedroom, and fresh paint! Entire Exterior has also just been recently painted. Roof is 2014 and newer HVAC systems (vary by unit). Primo location convenient to Southwood, State offices, Downtown, Cascades Park, Hospitals, Restaurants, Shopping and More! Also, located less than 15 minutes to the Tallahassee International Airport. (Pictures are of Unit 3207D Only). AND, if you are looking to own 2 Quadraplexes, the Quadraplex next door at 3211 Jim Lee Road is also available for sale!

Last Agent to Sell the Property

Liz Kuntz

Keller Williams Town & Country License #3266549 Listed on: 03/02/2023

Keller Williams Town & Country

Last Buyer's Agent

Liz Kuntz

Keller Williams Town & Country License #3266549 Listed on: 03/02/2023

Keller Williams Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1979

Lot Details

  • 10,672

Parking

  • Unassigned Parking

Home Design

  • Frame Construction

Interior Spaces

  • Walk-In Closet
  • 2,492 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Utility Room
  • Washer and Dryer
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Kinsey Prop Unrec Subdivision
  • Gross Income $34,080

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 12073-31-18-05-000-005-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 5
  • Sold Price Per Sq Ft: 151.55
  • Subdivision: KINSEY PROP UNREC
  • Tax Database Id: 9
  • Tax Item Number: 3118050000050
  • Type: Multi-Family
  • L V T Date: 03/02/2023
  • Street Designation: Road
  • Total Sq Ft: 2492
  • Year Built: 1979
  • Directions: N. Blairstone Rd., Rt. E. Orange Ave., Roundabout to 3rd exit on Jim Lee Rd., Quad on Left
  • Elementary School: BOND
  • Geo Longitude: -84.263486
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic/Clay, Slab, Some Carpet, Vinyl
  • Equipment: Dishwasher, Range, Refrigerator, Smoke Detector, Wash/Dry All
  • Floor Plan: Story - One
  • Living Area Description: Living Room/Dining Room
  • Other Rooms: Utility Room - Inside, Walk in Closet

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking: Area - Unassigned

Utilities

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

Condo/Co-op/Association

  • Unit: A

Schools

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

Lot Info

  • Lot Dimensions: 72.5x147x72.5x147
  • Geo Subdivision: FL

Multi Family

  • Gross Income: 34080
  • Operating Exp Accuracy: Books Avail w/Contract
  • Owners Expenses: Maintenance/Repairs, Management, Taxes
  • Units: 4

Tax Info

  • Taxes: 2424
  • Assessor Parcel Number: 12073-31-18-05-000-005-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
May 1, 2023
Sold by
Arthur Steven E
Bought by
Lipizzaner Capital Llc
Seller's Agent
Liz Kuntz
Keller Williams Town & Country
Buyer's Agent
Liz Kuntz
Keller Williams Town & Country
List Price
$450,000
Sold Price
$377,675
Premium/Discount to List
-$72,325
-16.07%
Total Days on Market
36
Views
74
Current Estimated Value
$316,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,691
Avg. Annual Appreciation
-8.04%

Purchase Details

Closed on
Jun 4, 2008
Sold by
Gage James S
Bought by
Arthur Steven E and Somers Arthur Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2001
Sold by
Myers Gerald L
Bought by
Gage James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2000
Sold by
Essex Sav Bk F S B
Bought by
Myers Gerald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
8.17%
Mortgage Type
Commercial
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
Lipizzaner Capital Llc $755,400 Ms Title Agency & Escrow
Arthur Steven E $180,000 Attorney
Gage James S $130,000 --
Gage James S $130,000 --
Myers Gerald L $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arthur Steven E $116,444
Previous Owner Arthur Steven E $130,000
Previous Owner Gage James S $104,000
Previous Owner Myers Gerald L $140,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $377,675 -16.1% $152 / Sq Ft
03/03/2023 03/03/23 For Sale $450,000 0.0% $181 / Sq Ft
04/14/2020 04/14/20 Rented $625 0.0% --
04/06/2020 04/06/20 For Rent $625 -- --
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 $3,500 $181,920 $50,000 $131,920
2023 $2,848 $139,970 $0 $0
2022 $2,424 $133,369 $40,000 $93,369
2021 $2,220 $115,677 $35,000 $80,677
2020 $2,187 $115,677 $35,000 $80,677
2019 $2,139 $111,899 $35,000 $76,899
2018 $2,076 $107,623 $35,000 $72,623
2017 $2,074 $106,226 $0 $0
2016 $2,038 $102,898 $0 $0
2015 $1,975 $100,996 $0 $0
2014 $1,975 $99,057 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liz Kuntz

    Seller's Agent in 2023

    Liz Kuntz

    Keller Williams Town & Country

    (850) 212-3844

    6 in this area

    245 Total Sales

    Liz Kuntz
    Section Image
  • Patrick Darden

    Seller's Agent in 2020

    Patrick Darden

    TLH Realty Inc.

    (850) 906-0800

    3 in this area

    151 Total Sales

    Patrick Darden
    Section Image
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Map

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

MLS Number: 356054

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

APN: 31-18-05-000-005.0

Florida Leon County Tallahassee 32301 South Tallahassee

3207 Jim Lee Rd Unit A, Tallahassee, FL

This home is located at 3207 Jim Lee Rd Unit A, Tallahassee, FL 32301 since 02 March 2023 and is currently estimated at $316,984, approximately $127 per square foot. This property was built in 1979. 3207 Jim Lee Rd Unit A 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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