NOT LISTED FOR SALE

Estimated Value: $797,000 - $5,270,852

3 Beds
3 Baths
5,103 Sq Ft
$731/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2024

Last sale price $5,000,000 $980 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $22,913 / mo

3 Days on Market

Highlights

  • Lake Front
  • Vinyl Pool
  • Recreation Room
  • Gilchrist Elementary School Rated A
  • 10.63 Acre Lot
  • Vaulted Ceiling

About This Home

As of February 2024

THIS IS AN UNPARALLELED OPPORTUNITY TO EMBRACE LAKESIDE LIVING IN THE HEART OF NORTH TALLAHASSEE!! Nestled on the serene shores of Lake Hall, this unique property has a distinctive house, charming entertainment cottage with an endless lap pool, a 3-car pole barn carport, and additional structures — all set against the backdrop of Tallahassee's last pristine area. This is a prime location across the lake from the undevelopable state park, McClay Gardens.

Last Agent to Sell the Property

Patti Ketcham

Ketcham Realty Group, Inc. License #684219 Listed on: 02/02/2024

Co-Listed By

Audrey Frazier

Ketcham Realty Group, Inc. License #3589618

Last Buyer's Agent

Bruce Foster

Keller Williams Town & Country License #3358939

Keller Williams Town & Country
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,228

Year Built

  • Built in 1969

Lot Details

  • 10.63 Acre Lot
  • Lot Dimensions are 1196 x 320 x 1329 x 740
  • Lake Front

Parking

  • 3 Carport Spaces

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 5,103 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Recreation Room
  • Wood Flooring
  • Lake Views
  • Washer

Kitchen

  • Oven
  • Stove
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Vinyl Pool
  • Pool Liner

Outdoor Features

  • Patio

Schools

  • Gilchrist Elementary School
  • Raa Middle School
  • Leon High School

Utilities

  • Central Heating and Cooling System
  • Power Generator

Community Details

  • Cove At Lake Hall Subdivision

Listing and Financial Details

  • Legal Lot and Block 9-12 / PB 17
  • Assessor Parcel Number 12073-11-05-41-000-010-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,228

Year Built

Built in 1969

Lot Details

10.63 Acres

Listing Details

  • Waterfront: Yes
  • Year Built: 1969
  • Directions: N on Thomasville Rd, W onto Thirlestane, left onto Phipps Point Road, entrance on left
  • Elementary School: GILCHRIST
  • High School: LEON
  • PropertySubType: Detached
  • PropertyType: Residential
  • Lot Size: 1196 x 320 x 1329 x 740
  • ResoRoadSurfaceType: Paved
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Stove, Washer
  • ResoOtherEquipment: Generator
  • Co List Office Mls Id: 145
  • Subdivision Name: COVE AT LAKE HALL
  • Owner Name: PHIPPS BENJAMIN K JR ESTA
  • Architectural Style: Cottage, Two Story
  • Bedrooms: 3
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: Yes
  • Fireplace: Yes
  • Reso Interior Features: Tray Ceiling(s), Vaulted Ceiling(s), Primary Downstairs
  • Reso Parking Features: Carport, Three or more Spaces, Gated
  • Reso Patio And Porch Features: Patio
  • Property Attached Yn: No
  • Reso Room Type: Recreation
  • PropertySubTypeAdditional: Detached,Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Living Area: 5103.0

Exterior Features

  • View: Lake
  • Acres: 10.63
  • Pool Features: Liner, Vinyl
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 3.0

Utilities

  • Heating: Central, Electric, Wood
  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: RAA

Lot Info

  • Parcel Number: 12073-11-05-41-000-010-0

Tax Info

  • Tax Annual Amount: 30228.0
  • Tax Block: PB 17
  • Tax Lot: 9-12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Feb 23, 2024
Sold by
Bought by
Seller's Agent
Patti Ketcham
Ketcham Realty Group, Inc.
Buyer's Agent
Bruce Foster
Keller Williams Town & Country
List Price
$500,000,000
Sold Price
$5,000,000
Premium/Discount to List
-$495,000,000
-99%
Views
69
Current Estimated Value
$3,731,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,268,049
Avg. Annual Appreciation
-11.25%
Original Mortgage
$3,750,000
Outstanding Balance
$3,650,755
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$81,196
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,000,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $5,000,000 0.0% $980 / Sq Ft
02/02/2024 02/02/24 Price Changed $5,000,000 -99.0% $980 / Sq Ft
02/02/2024 02/02/24 For Sale $500,000,000 -- $97,982 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $28,341 $1,900,000 $1,900,000
2024 $33,674 $2,331,979 $1,725,000 $606,979
2023 $30,228 $2,014,270 $1,425,000 $589,270
2022 $6,794 $489,168 $0 $0
2021 $6,769 $474,920 $0 $0
2020 $6,553 $468,363 $0 $0
2019 $6,486 $457,833 $0 $0
2018 $6,342 $449,296 $0 $0
2017 $6,297 $440,055 $0 $0
2016 $6,271 $431,004 $0 $0
2015 $6,384 $428,008 $0 $0
2014 $6,384 $424,611 $0 $0
Source: Public Records

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Map

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

MLS Number: 368081

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

APN: 11-05-41-000-010.0

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