NOT LISTED FOR SALE

508 Wallis St Tallahassee, FL 32301

South City Neighborhood

Estimated Value: $72,000 - $128,000

2 Beds
1 Bath
768 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $70,000 $91 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $634/month

8 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1-Story Property
  • Adjacent to Greenbelt
  • Eat-In Kitchen
  • Central Air

About This Home

As of August 2023

Investor Special: This charming 2-bedroom, 1-bath home is now available for sale, offering a fantastic investment opportunity. The property comes with the advantage of long-term tenants who express interest in continuing their occupancy, ensuring a steady rental income stream. The house boasts a new roof, providing added durability and value. Although some TLC is required to unleash its full potential, this property has a solid foundation and great potential for a rewarding investment. Should the tenants need to vacate, the seller kindly requests a 30-day grace period after closing to facilitate a smooth transition. Don't miss out on this promising deal!

Last Agent to Sell the Property

Tiffany Smith

LPT Realty License #3458303 Listed on: 07/17/2023

LPT Realty

Last Buyer's Agent

Mariela Bartens

Coldwell Banker Hartung License #3070309

Coldwell Banker Hartung

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1959

Lot Details

  • 4,356 Sq Ft Lot
  • Adjacent to Greenbelt
  • Partially Fenced Property

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

  • Bond Elementary School
  • Cobb Middle School
  • Rickards High School

Utilities

  • Central Air
  • Water Heater

Community Details

  • Golf Drive Manor Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / B
  • Assessor Parcel Number 12073-31-07-45- B-004-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,271

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Inside Capital Circle: Yes
  • Lot: 4
  • Miscellaneous: Deck, Fenced - Partial
  • Road Frontage Type: Maint - Gvt.
  • Sold Price Per Sq Ft: 91.15
  • Style Exterior: Traditional/Classical
  • Subdivision: Golf Drive Manor
  • Tax Database Id: 9
  • Tax Item Number: 310745 B0040
  • Type: Detached Single Family
  • L V T Date: 07/17/2023
  • Street Designation: Street
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 768
  • Year Built: 1959
  • Directions: S Monroe to Wallis, house on left
  • Elementary School: BOND
  • Geo Longitude: -84.27637
  • High School: RICKARDS
  • Middle School: COBB
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Plan: Story - One
  • Kitchen Dim: 8x3
  • Living Area Description: Kitchen - Eat In
  • Master Bedroom Dim: 12x10

Exterior Features

  • Construction: Concrete Block
  • Frontageview: Green Space Frontage
  • Number Of Acres: 0.1

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Cooling: Central
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimensions: 50x85x50x85
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12073-31-07-45- B-004-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 11, 2023
Sold by
Maloy Tracy
Bought by
Soto Alejandro Bolanos
Seller's Agent
Tiffany Smith
LPT Realty
Buyer's Agent
Mariela Bartens
Coldwell Banker Hartung
List Price
$83,500
Sold Price
$70,000
Premium/Discount to List
-$13,500
-16.17%
Views
101
Current Estimated Value
$96,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,809
Avg. Annual Appreciation
14.90%

Purchase Details

Closed on
Jun 10, 2022
Sold by
Tracy Maloy
Bought by
Maloy Tracy

Purchase Details

Closed on
Jul 19, 2007
Sold by
Maloy Tracy G
Bought by
Maloy Tracy G and Maloy William P

Purchase Details

Closed on
Nov 9, 2000
Sold by
Assoc Finl Svc Amer Inc
Bought by
Gainous Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,899
Interest Rate
7.87%

Purchase Details

Closed on
Oct 12, 2000
Sold by
Clerk Circuit Court
Bought by
Assoc Finl Svc Of Amer Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,899
Interest Rate
7.87%
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
Soto Alejandro Bolanos $70,000 None Listed On Document
Maloy Tracy -- None Listed On Document
Maloy Tracy G $15,000 None Available
Gainous Tracy $30,000 --
Assoc Finl Svc Of Amer Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gainous Tracy $30,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $70,000 -16.2% $91 / Sq Ft
07/18/2023 07/18/23 For Sale $83,500 -- $109 / 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 $1,271 $66,063 $6,000 $60,063
2023 $1,065 $55,056 $6,000 $49,056
2022 $958 $51,030 $6,000 $45,030
2021 $890 $46,358 $7,500 $38,858
2020 $829 $43,835 $7,500 $36,335
2019 $805 $42,119 $7,500 $34,619
2018 $745 $38,610 $5,625 $32,985
2017 $706 $36,187 $0 $0
2016 $708 $35,741 $0 $0
2015 $747 $34,320 $0 $0
2014 $747 $34,795 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Smith

    Seller's Agent in 2023

    Tiffany Smith

    LPT Realty

    (850) 766-5757

    1 in this area

    51 Total Sales

    Section Image
  • Mariela Bartens

    Buyer's Agent in 2023

    Mariela Bartens

    Coldwell Banker Hartung

    (850) 545-3920

    1 in this area

    135 Total Sales

    Section Image
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Map

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

MLS Number: 361307

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

APN: 31-07-45-00B-004.0

Florida Leon County Tallahassee 32301 South City

508 Wallis St, Tallahassee, FL

This home is located at 508 Wallis St, Tallahassee, FL 32301 since 17 July 2023 and is currently estimated at $96,809, approximately $126 per square foot. This property was built in 1959. 508 Wallis St is a home located in Leon County with nearby schools including Bond Elementary School, Elizabeth Cobb 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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