NOT LISTED FOR SALE

3425 Cornelia St Tallahassee, FL 32305

South Tallahassee Neighborhood

Estimated Value: $124,000 - $203,000

10 Beds
5 Baths
4,308 Sq Ft
$37/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $375,000 $87 Per Sq Ft

Current estimated payment $996/month

105 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Washer and Dryer
  • 1-Story Property

About This Home

As of January 2023

Homes are occupied by tenants and require a minimum 24HR notice for Showings. This is a cluster of homes all situated on two blocks off of Tram Rd. There are 5 homes (4 of which are tenant occupied) and 3 vacant lots attached. The total acreage is 1.99 zoned RP-2 allowing 6 units per acre including Single Family Homes, Duplexes or Townhomes. All properties are individually listed as well at the following MLS numbers: 350919,350921,350924,350952,350956,350918,350922,350948

Last Agent to Sell the Property

Garret Heussner

Frog Real Estate Company, LLC License #3463955 Listed on: 09/19/2022

Co-Listed By

Fincher Smith

Frog Real Estate Company, LLC License #3250976

Last Buyer's Agent

Garret Heussner

Frog Real Estate Company, LLC License #3463955 Listed on: 09/19/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 0.41

Interior Spaces

  • 4,308 Sq Ft Home
  • 1-Story Property
  • Range
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Schools

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

Utilities

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

Community Details

  • Campbell Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 2&3 / E
  • Assessor Parcel Number 12073-31-18-40- E-002-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 2&3
  • Sold Price Per Sq Ft: 87.05
  • Subdivision: CAMPBELL PARK
  • Tax Database Id: 9
  • Tax Item Number: 311840 E0020
  • Type: Multi-Family
  • Miscellaneous Items: Units Vary
  • L V T Date: 09/14/2022
  • Street Designation: Street
  • Total Sq Ft: 4308
  • Year Built: 1939
  • Directions: Head South on S Monroe, Left on Tram Rd, Properties are located on Cornelia, Drury, Alpha and Mizell
  • Elementary School: BOND
  • Geo Longitude: -84.272661
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic/Clay, Wood, Units Vary
  • Equipment: Range, Refrigerator, Wash/Dry Some, Units Vary
  • Floor Plan: Story - One
  • Living Area Description: Units Vary

Garage/Parking

  • Parking: Units Vary

Utilities

  • Heating: Central, Electric, Space Heater, Units Vary
  • Cooling: Central, Electric, Window/Wall, Units Vary

Lot Info

  • Lot Dimensions: 660x425x525x395
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: Month To Month, Units Vary

Multi Family

  • Operating Exp Accuracy: Owner Provided
  • Owners Expenses: Taxes
  • Units: 5
  • Vacancy: %

Tax Info

  • Taxes: 4630
  • Assessor Parcel Number: 12073-31-18-40- E-002-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Bk Holding Group Llc
Bought by
Francis Investment Group Llc
Current Estimated Value
$157,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Outstanding Balance
$216,546
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$58,624

Purchase Details

Listed on
Sep 19, 2022
Closed on
Jan 30, 2023
Sold by
Trotman John Daniel and Trotman Shirley Jane
Bought by
Bk Holding Group Llc
Seller's Agent
Garret Heussner
Frog Real Estate Company, LLC
Buyer's Agent
Garret Heussner
Frog Real Estate Company, LLC
List Price
$406,700
Sold Price
$375,000
Premium/Discount to List
-$31,700
-7.79%
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.19%
Original Mortgage
$171,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2019
Sold by
Trotman John Daniel
Bought by
Trotman John Daniel and Trotman Shirley Jane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 -- None Available
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 List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $375,000 -7.8% $87 / Sq Ft
09/19/2022 09/19/22 For Sale $406,700 0.0% $94 / Sq Ft
09/14/2022 09/14/22 Price Changed $406,700 -- $94 / 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
2025 $2,151 $111,998 $18,000 $93,998
2024 $1,907 $99,124 $15,000 $84,124
2023 $1,619 $90,681 $15,000 $75,681
2022 $1,416 $79,742 $15,000 $64,742
2021 $1,284 $66,891 $15,000 $51,891
2020 $1,203 $63,616 $15,000 $48,616
2019 $1,173 $61,389 $15,000 $46,389
2018 $1,085 $56,265 $12,000 $44,265
2017 $1,037 $53,121 $0 $0
2016 $1,040 $52,539 $0 $0
2015 $982 $50,696 $0 $0
2014 $982 $49,243 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Garret Heussner

    Seller's Agent in 2023

    Garret Heussner

    Frog Real Estate Company, LLC

    (352) 286-4698

    12 in this area

    128 Total Sales

    Garret Heussner
    Section Image
  • Fincher Smith

    Seller Co-Listing Agent in 2023

    Fincher Smith

    Frog Real Estate Company, LLC

    (850) 545-9070

    3 in this area

    47 Total Sales

    Fincher Smith
    Section Image
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Map

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

MLS Number: 350963

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

APN: 31-18-40-00E-002.0

Florida Leon County Tallahassee 32305 South Tallahassee

3425 Cornelia St, Tallahassee, FL

Not Listed for Sale

MultiFamily

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