NOT LISTED FOR SALE

Estimated Value: $2,915,661

4.88 Acres
$597,472 Price per Acre
212,573 Sq Ft Lot

Last Sold March 24, 2017

Last sale price $572,000

Est. 410% increase in value since last sale

Current estimated payment $16,397/month

79 Days on Market

About This Lot

As of March 2017

2 lots available; acreage includes both parcels (Tax ID#s 2110513611185 & 2110517211940.) This is commercial property on busy N Monroe Street. Bank owned and ready to sell. Nice flat parcel. Excellent frontage on the corner of McKee and N Monroe Street, near I-10 & N US 27 Intersection. BRING OFFERS!

Last Agent to Sell the Property

Brian Messer

The Naumann Group Real Estate License #646515 Listed on: 05/13/2015

The Naumann Group Real Estate

Co-Listed By

Kevin Davis

The Naumann Group Real Estate License #485722

Last Buyer's Agent

NON MEMBER

Tallahassee Board of REALTORS®

Tallahassee Board of REALTORS®

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,814

Lot Details

  • 4.88 Acre Lot
  • Lot Dimensions are 178x143x256x330x383
  • Level Lot

Schools

  • Springwood Elementary School
  • Griffin Middle School
  • Godby High School

Listing and Financial Details

  • Assessor Parcel Number 12073-21-10-51-361-118-5

Property Details

Property Type

Land

Est. Annual Taxes

$11,814

Lot Details

0

Listing Details

  • Road Frontage Type: Highway, Main Thoroughfare
  • Topography: Level
  • Development Status: Raw Land
  • Directions: From Tennessee St turn RT-Monroe, LT-McKee Rd-lot on the corner
  • Elementary School: SPRINGWOOD
  • High School: GODBY
  • PropertySubType: Unimproved Land
  • PropertyType: Land
  • Lot Size: 178x143x256x330x383
  • ResoRoadSurfaceType: Paved
  • Co List Office Mls Id: 614
  • Subdivision Name: -
  • Owner Name: Hancock Bank
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Industrial

Exterior Features

  • Lot Features: 1 or More Acres, Level
  • Acres: 4.88

Utilities

  • Sewer: Not Connected (nearby), Public Sewer, Other
  • Water Source: Public

Schools

  • Middle Or Junior School: GRIFFIN

Lot Info

  • Parcel Number: 12073-21-10-51-361-118-5

Rental Info

  • Owner Pays: Electricity Available, Natural Gas Available

Tax Info

  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Triple R Ranches 14 Llc
Bought by
Art Family Investment Corp
Current Estimated Value
$2,915,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,059,330
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$1,856,331

Purchase Details

Closed on
Jan 6, 2022
Sold by
Trc N Monroe Llc
Bought by
Triple R Ranches 14 Llc

Purchase Details

Listed on
May 13, 2015
Closed on
Mar 23, 2017
Sold by
Whitney Bank
Bought by
Trc N Monroe Llc
Seller's Agent
Brian Messer
The Naumann Group Real Estate
Buyer's Agent
NON MEMBER
Tallahassee Board of REALTORS®
List Price
$588,000
Sold Price
$572,000
Premium/Discount to List
-$16,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%
Original Mortgage
$1,600,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2011
Sold by
Wilcox Holdings Ltd
Bought by
Hancock Bank

Purchase Details

Closed on
Dec 14, 2010
Sold by
Wilcox Holdings Ltd
Bought by
Hancock Bank

Purchase Details

Closed on
Feb 14, 2001
Sold by
Lawson Margaret Lucille Lee and Lawson Lucille L
Bought by
Carter Wilcox Prop Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.91%
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
Art Family Investment Corp $2,634,500 Tallahassee Title Group
Triple R Ranches 14 Llc $465,000 Tallahassee Title Group
Trc N Monroe Llc $572,000 Tallahassee Title Group Llc
Hancock Bank -- None Available
Hancock Bank -- None Available
Carter Wilcox Prop Ltd $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Art Family Investment Corp $1,300,000
Previous Owner Trc N Monroe Llc $1,600,000
Previous Owner Carter Wilcox Prop Ltd $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $572,000 -2.7% --
07/31/2015 07/31/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $588,000 -- --
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 $11,814 $744,651 $210,744 $533,907
2023 $11,348 $761,665 $205,604 $556,061
2022 $3,019 $205,604 $205,604 $0
2021 $3,104 $205,604 $205,604 $0
2020 $3,045 $205,604 $205,604 $0
2019 $2,894 $192,754 $192,754 $0
2018 $3,261 $214,643 $214,643 $0
2017 $2,779 $200,333 $0 $0
2016 $2,359 $150,250 $0 $0
2015 $2,324 $143,095 $0 $0
2014 $2,324 $143,095 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 257227

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

APN: 21-10-51-361-118.5