NOT LISTED FOR SALE

429.5 W 7th Ave Unit 1 Tallahassee, FL 32303

Levy Park Neighborhood
3 Beds
2 Baths
1,568 Sq Ft
1956 Built

Last Sold June 09, 2021

Last sale price $289,000 $184 Per Sq Ft

19 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Central Heating
  • Leon High School Rated A
  • 1-Story Property
  • Family or Dining Combination

About This Home

As of June 2021

Multiple offers. Accepted best offer. Attention Owner Investors. Prime Midtown Levy Park property with proven rental history with zero vacancy. This is prime AirBNB or owner occupied property with built in rental income. Low maintenance lot and homes. New Metal ROOF and Code compliant Electrical Panel box coming in May 2021. Two separate homes on the property, fenced with off street parking, minutes from downtown. Walkable neighborhood near Lake Ella. Occupied with short term tenants, ready for you easily decide how to proceed. Front house furnishings convey. Washer/Dryer in BOTH units.

Last Agent to Sell the Property

John Bauserman

Superior Realty Group LLC License #625168 Listed on: 04/28/2021

Last Buyer's Agent

Kelsey Lohman

Lohman Realty LLC License #3397497

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Home Design

  • Frame Construction

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Parking

  • Carport
  • On-Street Parking
  • Assigned Parking

Location

  • Ground Level Unit

Schools

  • Ruediger Elementary School
  • Raa Middle School
  • Leon High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heat Pump System

Listing and Financial Details

  • The owner pays for lawn maintenance, water
  • Legal Lot and Block 7,8 / A
  • Assessor Parcel Number 12073-21-25-80- A-007-0

Community Details

Overview

  • Sunnyside Subdivision

Building Details

  • Gross Income $21,720
  • Net Operating Income $18,589

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 7,8
  • Sold Price Per Sq Ft: 184.31
  • Subdivision: sunnyside
  • Tax Database Id: 9
  • Tax Item Number: 212580 A0070
  • Type: Multi-Family
  • L V T Date: 04/28/2021
  • Street Designation: Avenue
  • Total Sq Ft: 1568
  • Year Built: 1956
  • Directions: Head North on North Monroe from Capital, Left on 7th Avenue.
  • Elementary School: RUEDIGER
  • Geo Longitude: -84.2868164110451
  • High School: LEON
  • Middle School: RAA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl Tile, Wood
  • Equipment: Dead Bolt, Dishwasher, Fire Alarm, Range, Refrigerator, Smoke Detector, Wash/Dry All
  • Floor Plan: Story - One, Unit - Ground Floor
  • Living Area Description: Family Room/Dining Room

Exterior Features

  • Construction: Concrete Block, Frame

Garage/Parking

  • Parking: Assigned Spaces, Individual Carport, On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump, Window/Wall

Condo/Co-op/Association

  • Unit: 1

Schools

  • Elementary School: RUEDIGER
  • Middle School: RAA
  • High School: LEON

Lot Info

  • Lot Dimensions: 40X175
  • Geo Subdivision: FL

Rental Info

  • Tenants Rent Includes: Lawn Maintenance, Water

Multi Family

  • Capitalization Rate: 6.6
  • Expenses: 3130
  • Gross Income: 21720
  • Gross Rent Multiplier: 12.9
  • Net Income: 18589
  • Operating Exp Accuracy: Books Avail w/Contract, Owner Provided
  • Owners Expenses: Insurance, Maintenance/Repairs, Water/Sewer
  • Units: 2

Tax Info

  • Taxes: 2615
  • Assessor Parcel Number: 12073-21-25-80- A-007-0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $289,000 +3.6% $184 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $279,000 -- $178 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Bauserman

    Superior Realty Group LLC

    (850) 212-1335

    3 in this area

    10 Total Sales

    John Bauserman
    Section Image
  • Kelsey Lohman

    Buyer's Agent in 2021

    Kelsey Lohman

    Lohman Realty LLC

    (850) 556-2130

    6 in this area

    227 Total Sales

    Kelsey Lohman
    Section Image
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Map

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

MLS Number: 331501

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
Florida Leon County Tallahassee 32303 Levy Park

429.5 W 7th Ave Unit 1, Tallahassee, FL

This home is located at 429.5 W 7th Ave Unit 1, Tallahassee, FL 32303 since 28 April 2021. This property was built in 1956. 429.5 W 7th Ave Unit 1 is a home located in Leon County with nearby schools including Ruediger Elementary School, Augusta Raa Middle School, and Leon 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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