NOT LISTED FOR SALE

528 Truett Dr Tallahassee, FL 32303

Midtown Neighborhood

Estimated Value: $399,000 - $484,000

5 Beds
3 Baths
1,992 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $410,500 $206 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,894/month

65 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Eat-In Kitchen
  • Leon High School Rated A
  • Screened Porch
  • Shed

About This Home

As of May 2023

Beautiful Midtown Location! Multi generational families will love this property! Multiple living spaces, many ways to configure. Or investors dream, excellent rental history through Airbnb mostly. Currently set up as 3 units: a 3/1 main house, attached 1/1 mother-in-law apartment with full kitchen, and separate 1/1 Tiny House. Up to date renovations, move in ready! Homeowners- Continue using 1-2 units as rentals to offset your bills significantly! Don't miss this unique property in an awesome location! Walk to all of Midtown!

Last Agent to Sell the Property

Lee Hall

Capital City Real Estate Group License #3438946 Listed on: 02/08/2023

Last Buyer's Agent

Jason Madsen

Xcellence Realty License #3240918

Xcellence Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,710

Year Built

  • Built in 1947

Lot Details

  • 0.27

Parking

  • Assigned Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1,992 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Open Floorplan
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Deck
  • Shed

Schools

  • Sullivan Elementary School
  • Raa Middle School
  • Leon High School

Additional Features

  • Partially Fenced Property
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for all utilities, internet, lawn maintenance, pest control
  • Legal Lot and Block 13 / A
  • Assessor Parcel Number 12073-11-19-85- A-013-0

Community Details

Building Details

  • Gross Income $53,400
  • Net Operating Income $38,532

Additional Features

  • Pine Grove Subdivision
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,710

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 13
  • Sold Price Per Sq Ft: 206.07
  • Subdivision: PINE GROVE
  • Tax Database Id: 9
  • Tax Item Number: 111985 A0130
  • Type: Multi-Family
  • Miscellaneous Items: Deck, Fencing - Partial, Furnished, Storage Shed, Wall Paper, Units Vary
  • L V T Date: 02/08/2023
  • Street Designation: Drive
  • Total Sq Ft: 1992
  • Year Built: 1947
  • Directions: Thomasville Rd, West on Bradford, Turn Rt on West Forest Dr, Rd on Truett, house on Rt.
  • Elementary School: SULLIVAN
  • Geo Longitude: -84.27304
  • High School: LEON
  • Middle School: RAA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood, Units Vary
  • Equipment: Community Laundry, Dead Bolt, Microwave, Range, Refrig/Icemaker, Refrigerator, Units Vary
  • Floor Plan: Story - One
  • Living Area Description: Family Room/Dining Room, Kitchen - Eat In, Kitchen/Dining Room, Units Vary
  • Other Rooms: Screened Porch

Exterior Features

  • Construction: Frame, Units Vary

Garage/Parking

  • Parking: Assigned Spaces, Units Vary

Utilities

  • Heating: Central, Electric, Units Vary
  • Cooling: Central, Electric, Fans - Ceiling, Units Vary

Schools

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

Lot Info

  • Lot Dimensions: 74x160x74x160
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: Month To Month, Units Vary
  • Tenants Rent Includes: All Utilities, Internet, Lawn Maintenance, Pest Control

Multi Family

  • Expenses: 14868
  • Gross Income: 53400
  • Net Income: 38532
  • Operating Exp Accuracy: Books Avail w/Contract
  • Owners Expenses: Advertising, Com Area Maint/Assoc Fee, Insurance, Maintenance/Repairs, Management, Pest Control, Supplies, Taxes, Utilities
  • Units: 3

Tax Info

  • Taxes: 4073
  • Assessor Parcel Number: 12073-11-19-85- A-013-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
May 1, 2023
Sold by
Swell Real Estate Investments Inc
Bought by
Buscemi Robert and Hajj Anthony
Seller's Agent
Lee Hall
Capital City Real Estate Group
Buyer's Agent
Jason Madsen
Xcellence Realty
List Price
$399,000
Sold Price
$410,500
Premium/Discount to List
$11,500
2.88%
Views
269
Current Estimated Value
$442,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,665
Avg. Annual Appreciation
1.61%
Original Mortgage
$348,925
Outstanding Balance
$340,192
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$86,277

Purchase Details

Closed on
May 31, 2019
Sold by
Cobb Leonard Franklin and Cobb Stacey Elliott
Bought by
Swell Real Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.1%
Mortgage Type
Commercial
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
Buscemi Robert $410,500 None Listed On Document
Swell Real Estate Investments Inc $130,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buscemi Robert $348,925
Previous Owner Swell Real Estete Investments Inc $325,500
Previous Owner Swell Real Estate Investments Inc $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $410,500 +2.9% $206 / Sq Ft
02/08/2023 02/08/23 For Sale $399,000 -- $200 / 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 $6,710 $348,775 $50,000 $298,775
2023 $4,606 $235,269 $0 $0
2022 $4,073 $224,061 $45,000 $179,061
2021 $3,732 $194,437 $40,000 $154,437
2020 $3,486 $184,366 $40,000 $144,366
2019 $3,365 $176,052 $40,000 $136,052
2018 $903 $88,588 $0 $0
2017 $882 $86,766 $0 $0
2016 $864 $84,981 $0 $0
2015 $857 $84,390 $0 $0
2014 $857 $83,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Hall

    Seller's Agent in 2023

    Lee Hall

    Capital City Real Estate Group

    (850) 322-6723

    1 in this area

    41 Total Sales

    Lee Hall
    Section Image
  • Jason Madsen

    Buyer's Agent in 2023

    Jason Madsen

    Xcellence Realty

    (850) 366-8917

    1 in this area

    77 Total Sales

    Jason Madsen
    Section Image
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Map

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

MLS Number: 355245

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

APN: 11-19-85-00A-013.0

Florida Leon County Tallahassee 32303 Midtown

528 Truett Dr, Tallahassee, FL

This home is located at 528 Truett Dr, Tallahassee, FL 32303 since 08 February 2023 and is currently estimated at $442,165, approximately $221 per square foot. This property was built in 1947. 528 Truett Dr is a home located in Leon County with nearby schools including Kate Sullivan 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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