NOT LISTED FOR SALE

522 E Georgia St Tallahassee, FL 32303

Lafayette Park Neighborhood

Estimated Value: $308,000 - $334,000

2 Beds
2 Baths
1,333 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $144,000 $108 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,926/month

31 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Screened Porch
  • Leon High School Rated A
  • End Unit
  • Fireplace

About This Home

As of August 2015

Offered in AS-IS condition only at this fantastic price // Classic duplex with original craftsman architecture in sought after Lafayette Park/Leon High School vicinity // Both sides are 1BD/1BA with separate living rooms, kitchens and screened porches, but a shared covered front porch // Garage or storage shed in back of driveway // Sizable backyard // Fantastic existing investment opportunity or use this footprint to create a gorgeous single family home (neighbors have done this with nearly identical house) // Both sides are tenant-occupied (both leases expire on 7/31/15 as of list date) // Left side unit (#522): longtime tenant ($600/month), smaller eat-in kitchen, larger living room French doors separating bedroom from living room // Right side unit (#524): new tenant ($545/month) big eat-in kitchen, slightly smaller living room // Both units rent quickly when needed and have had some renovations over the years // Original roof was inspected in 2014 and found to be in sound condition (documentation available)

Last Agent to Sell the Property

Christie Perkins

Coldwell Banker Hartung License #3043297 Listed on: 05/05/2015

Coldwell Banker Hartung

Last Buyer's Agent

Brian Sealey

Sealey Real Estate Solutions License #3092432

Sealey Real Estate Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,444

Year Built

  • Built in 1928

Lot Details

  • End Unit
  • Partially Fenced Property

Home Design

  • Brick Front

Interior Spaces

  • 1,333 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Separate Formal Living Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Ceramic Tile

Parking

  • On-Street Parking
  • Assigned Parking

Schools

  • Sullivan Elementary School
  • Cobb Middle School
  • Leon High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 12073-11-31-46-000-055-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,444

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Metes Bounds: Yes
  • Sold Price Per Sq Ft: 108.03
  • Tax Database Id: 9
  • Tax Item Number: 1131460000550
  • Type: Multi-Family
  • Miscellaneous Items: Fencing - Partial, Units Vary
  • Total Sq Ft: 1333
  • Year Built: 1928
  • Directions: East on Tennessee / L @ N Meridian / R @ E Georgia
  • Elementary School: SULLIVAN
  • Geo Longitude: -84.2770919799805
  • High School: LEON
  • Middle School: COBB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic/Clay, Wood
  • Equipment: Range, Refrigerator
  • Fireplace: Yes
  • Floor Plan: Story - One, Unit - End
  • Living Area Description: Kitchen - Eat In, Separate Living Room, Units Vary
  • Other Rooms: Screened Porch, Units Vary

Exterior Features

  • Construction: Brick 1 or 2 Sides

Garage/Parking

  • Parking: Assigned Spaces, On Street, Units Vary

Utilities

  • Heating: Heat Pump, Natural Gas, Units Vary
  • Cooling: Window/Wall

Schools

  • Elementary School: SULLIVAN
  • Middle School: COBB
  • High School: LEON

Lot Info

  • Lot Dimensions: 63x141

Rental Info

  • Lease Terms: Units Vary

Multi Family

  • Operating Exp Accuracy: Information Limited
  • Owners Expenses: Advertising, Insurance, Maintenance/Repairs, Management
  • Units: 2

Tax Info

  • Taxes: 2201
  • Assessor Parcel Number: 12073-11-31-46-000-055-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
Aug 31, 2015
Sold by
Arnold Anthony J
Bought by
Alderman Trampas and Alderman Della
Seller's Agent
Christie Perkins
Coldwell Banker Hartung
Buyer's Agent
Brian Sealey
Sealey Real Estate Solutions
List Price
$150,000
Sold Price
$144,000
Premium/Discount to List
-$6,000
-4%
Current Estimated Value
$316,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,657
Avg. Annual Appreciation
8.21%
Original Mortgage
$141,391
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2006
Sold by
Princeton Two Exchange Accomodators Llc
Bought by
Arnold Anthony J

Purchase Details

Closed on
Oct 19, 2005
Sold by
Williams Joanne O and Williams Richard C
Bought by
Williams Richard C and Williams Catherine N
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Alderman Trampas $144,000 Attorney
Arnold Anthony J -- None Available
Williams Richard C $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alderman Trampos $154,400
Closed Alderman Trampas $141,391
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $144,000 -4.0% $108 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $150,000 -- $113 / 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 $2,444 $170,044 -- --
2023 $2,364 $165,091 $0 $0
2022 $2,208 $160,283 -- --
2021 $2,208 $155,615 $0 $0
2020 $2,105 $153,466 $0 $0
2019 $2,066 $150,016 $0 $0
2018 $2,034 $147,219 $0 $0
2017 $2,003 $144,191 $0 $0
2016 $1,417 $112,913 $0 $0
2015 $2,202 $112,091 $0 $0
2014 $2,202 $110,431 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christie Perkins

    Seller's Agent in 2015

    Christie Perkins

    Coldwell Banker Hartung

    (850) 321-2393

    1 in this area

    526 Total Sales

    Christie Perkins
    Section Image

  • B

    Buyer's Agent in 2015

    Brian Sealey

    Sealey Brand

    Section Image
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Map

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

MLS Number: 256973

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

APN: 11-31-46-000-055.0

Florida Leon County Tallahassee 32303 Lafayette Park

522 E Georgia St, Tallahassee, FL

This home is located at 522 E Georgia St, Tallahassee, FL 32303 since 05 May 2015 and is currently estimated at $316,657, approximately $237 per square foot. This property was built in 1928. 522 E Georgia St is a home located in Leon County with nearby schools including Kate Sullivan Elementary School, Elizabeth Cobb 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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