NOT LISTED FOR SALE

3418 Drury St Unit 1-3 Tallahassee, FL 32305

South Tallahassee Neighborhood

Estimated Value: $123,000 - $320,000

9 Beds
4 Baths
3,082 Sq Ft
$77/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $315,000 $102 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $1,355/month

96 Days on Market

Highlights

  • Central Heating and Cooling System
  • Wood Burning Fireplace
  • Vinyl Flooring
  • Washer and Dryer

About This Home

As of May 2024

Calling all investors! This package contains an entire block of properties. Featuring 3 houses, and a vacant lot, this block will allow for up to 6 total units. Keep the current tenants in place for a great cash-flow opportunity while you build additional investments on-site! This package contains 3425 Cornelia St (rented for $1400/mo), 401 Alpha Ave (rented for $1050/mo), 3418 Drury St (rented for $800/mo), & another vacant lot on Drury St. Tenants pay for utilities and lawn care. 9% CAP RATE with room for rental growth and value-add! See attached document for more details on each individual property. Proof of funds and/or pre-approval will be required prior to showing.

Last Agent to Sell the Property

Garret Heussner

Frog Real Estate Company, LLC License #3463955 Listed on: 02/09/2024

Last Buyer's Agent

Christopher Worth

Keller Williams Town & Country License #3287777

Keller Williams Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 1939

Lot Details

  • 4,792

Home Design

  • Frame Construction

Interior Spaces

  • 3,082 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Vinyl Flooring
  • Range
  • Washer and Dryer

Parking

  • Carport
  • Assigned Parking

Schools

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

Utilities

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

Community Details

  • Campbell Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / E
  • Assessor Parcel Number 12073-31-18-40- E-001-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,102

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 1
  • Sold Price Per Sq Ft: 102.21
  • Subdivision: CAMPBELL PARK
  • Tax Database Id: 9
  • Tax Item Number: 311840 E0010
  • Type: Multi-Family
  • Miscellaneous Items: Units Vary
  • L V T Date: 02/09/2024
  • Street Designation: Street
  • Total Sq Ft: 3082
  • Year Built: 1939
  • Directions: Head S on South Monroe, Left on Tram Rd, Left on Drury, ENTIRE BLOCK ON YOUR LEFT.
  • Elementary School: BOND
  • Geo Longitude: -84.27237
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Units Vary
  • Equipment: Range, Refrigerator, Wash/Dry All
  • Fireplace: Yes
  • Floor Plan: Story - One, Story - Two plus
  • Living Area Description: Units Vary
  • Other Rooms: Units Vary

Exterior Features

  • Construction: Frame, 1575

Garage/Parking

  • Parking: Assigned Spaces, Individual Carport, Units Vary

Utilities

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

Condo/Co-op/Association

  • Unit: 1-3

Schools

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

Lot Info

  • Lot Dimensions: 183x172x290x200
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year, Month To Month, Units Vary

Multi Family

  • Operating Exp Accuracy: Owner Provided
  • Owners Expenses: Management
  • Units: 3

Tax Info

  • Taxes: 3451
  • Assessor Parcel Number: 12073-31-18-40- E-001-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 17, 2024
Sold by
Bk Holding Group Llc
Bought by
Francis Investment Group Llc
Seller's Agent
Garret Heussner
Frog Real Estate Company, LLC
Buyer's Agent
Christopher Worth
Keller Williams Town & Country
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%
Total Days on Market
96
Views
51
Current Estimated Value
$238,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,000
Avg. Annual Appreciation
-23.63%
Original Mortgage
$220,500
Outstanding Balance
$218,381
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$19,619

Purchase Details

Closed on
Jan 30, 2023
Sold by
Trotman Family Trust
Bought by
Bk Holding Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 11, 2018
Sold by
Trotman John Daniel
Bought by
Trotman John Daniel and Trotman Shirley Jane

Purchase Details

Closed on
Mar 6, 2017
Sold by
Trotman Leroy H
Bought by
Trotman John D

Purchase Details

Closed on
Jan 1, 2017
Bought by
Trotman John D

Purchase Details

Closed on
Aug 29, 1996
Sold by
Trotman Wilbur E
Bought by
Trotman John D
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
Francis Investment Group Llc $315,000 None Listed On Document
Bk Holding Group Llc $190,000 Owen Title
Trotman John Daniel -- Attorney
Trotman John Danie -- Attorney
Trotman John D -- Attorney
Trotman John D $100 --
Trotman John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Investment Group Llc $220,500
Previous Owner Bk Holding Group Llc $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $315,000 -7.1% $102 / Sq Ft
02/09/2024 02/09/24 For Sale $339,000 -- $110 / 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 $1,102 $57,302 $7,000 $50,302
2023 $889 $52,167 $7,000 $45,167
2022 $776 $45,510 $7,000 $38,510
2021 $695 $36,693 $6,000 $30,693
2020 $618 $32,699 $4,000 $28,699
2019 $599 $31,344 $4,000 $27,344
2018 $580 $30,053 $4,000 $26,053
2017 $549 $28,139 $0 $0
2016 $552 $27,888 $0 $0
2015 $513 $26,761 $0 $0
2014 $513 $25,732 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Garret Heussner

    Seller's Agent in 2024

    Garret Heussner

    Frog Real Estate Company, LLC

    (352) 286-4698

    11 in this area

    113 Total Sales

    Garret Heussner
    Section Image
  • Christopher Worth

    Buyer's Agent in 2024

    Christopher Worth

    Keller Williams Town & Country

    (850) 345-3560

    11 in this area

    157 Total Sales

    Christopher Worth
    Section Image
  • Brad Johnson

    Buyer Co-Listing Agent in 2024

    Brad Johnson

    Big Fish Real Estate Services

    (850) 509-2138

    3 in this area

    109 Total Sales

    Brad Johnson
    Section Image
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Map

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

MLS Number: 368386

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

APN: 31-18-40-00E-001.0

Florida Leon County Tallahassee 32305 South Tallahassee

3418 Drury St Unit 1-3, Tallahassee, FL

This home is located at 3418 Drury St Unit 1-3, Tallahassee, FL 32305 since 09 February 2024 and is currently estimated at $238,000, approximately $77 per square foot. This property was built in 1939. 3418 Drury St Unit 1-3 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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