Seller's Agent in 2024
Cole Davis
The Naumann Group
(850) 545-2111
2 in this area
206 Total Sales
527 E 7th Ave Tallahassee, FL 32303
Lafayette Park NeighborhoodEstimated Value: $286,000 - $402,790
4
Beds
2
Baths
1,930
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Separate Formal Living Room
- 1-Story Property
- Central Heating and Cooling System
- Leon High School Rated A
- Four Sided Brick Exterior Elevation
- Combination Kitchen and Dining Room
About This Home
As of June 2024This duplex is nestled in the vibrant heart of Midtown Tallahassee. Located just blocks from restaurants, entertainment and nightlife. Live in one side and rent the other side, AIRBNB, or buy entirely as an investment. Each unit has 2 bedrooms and 1 bathroom with just under 1000 sq ft each. The exterior is all brick and the property features a 2014 roof, 2016 HVAC and a brand new 2023 HVAC - helping create minimal maintenance after purchasing. Unit 527 has a lease until 12/31/24 at $850 a month. Unit 529 expires on 6/30/24 and becomes month to month at $700 a month. Rents are well below market to long-term tenants that have been accommodating to the sellers needs. Market rent is $1300-$1400 each side, totaling $2600-$2800 a month. Buyer to verify all.
Last Agent to Sell the Property
The Naumann Group Real Estate License #3357739 Listed on: 05/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,180
Year Built
- Built in 1959
Lot Details
- 0.28
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,930 Sq Ft Home
- 1-Story Property
- Separate Formal Living Room
- Combination Kitchen and Dining Room
- Range
- Washer and Dryer
Flooring
- Carpet
- Vinyl
Parking
- Carport
- Unassigned Parking
Schools
- Ktsl Elementary School
- Cobb Middle School
- Leon High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for pest control, units vary
- Assessor Parcel Number 12073-11-30-20-299-000-0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2024
Closed on
Jun 6, 2024
Sold by
M & P Hammett Three Llc
Bought by
Alteredflip Llc
Seller's Agent
Cole Davis
The Naumann Group Real Estate
Buyer's Agent
Cole Davis
The Naumann Group Real Estate
List Price
$300,000
Sold Price
$300,000
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,448
Avg. Annual Appreciation
9.22%
Original Mortgage
$291,000
Outstanding Balance
$287,426
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$49,022
Purchase Details
Closed on
Nov 1, 2023
Sold by
Hammett M Marvin
Bought by
M & P Hammett Three Llc
Purchase Details
Closed on
Jan 22, 2001
Sold by
Hammett M Marvin and Hammett Nancy
Bought by
Hammett M Marvin and Hammett Nancy C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alteredflip Llc | $300,000 | Tallahassee Title Group | |
| M & P Hammett Three Llc | $100 | None Listed On Document | |
| M & P Hammett Three Llc | $100 | None Listed On Document | |
| Hammett M Marvin | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alteredflip Llc | $291,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $300,000 | 0.0% | $155 / Sq Ft |
| 06/05/2024 06/05/24 | Pending | -- | -- | -- |
| 05/21/2024 05/21/24 | For Sale | $300,000 | -- | $155 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
Tax History Compared to Growth
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 | $4,180 | $217,275 | $80,000 | $137,275 |
| 2023 | $3,679 | $187,310 | $0 | $0 |
| 2022 | $3,223 | $174,725 | $65,000 | $109,725 |
| 2021 | $2,971 | $154,802 | $60,000 | $94,802 |
| 2020 | $2,927 | $154,803 | $60,000 | $94,803 |
| 2019 | $2,874 | $150,361 | $60,000 | $90,361 |
| 2018 | $2,804 | $145,333 | $60,000 | $85,333 |
| 2017 | $2,809 | $144,477 | $0 | $0 |
| 2016 | $2,585 | $130,527 | $0 | $0 |
| 2015 | $2,538 | $129,489 | $0 | $0 |
| 2014 | $2,538 | $127,274 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cole Davis
Map
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 372499
APN: 11-30-20-299-000.0
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