NOT LISTED FOR SALE

540 Collinsford Rd Unit 10 - 12 Tallahassee, FL 32301

Governor's Square Neighborhood

Estimated Value: $201,956 - $212,000

12 Beds
15 Baths
4,448 Sq Ft
$47/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $415,000 $93 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,384/month

180 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Breakfast Bar
  • Family or Dining Combination
  • Walk-In Closet
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of December 2020

Wonderful investment opportunity! Three 4/4.5 townhouses built in 2008 and renovated in 2016. Great NE location convenient to shopping, grocery stores, park, restaurants, etc. Buyers must show pre-approval or proof of funds before showing will be arranged. Do not disturb the tenants. Property has already been appraised. *Lot dimensions are approximate*

Last Agent to Sell the Property

Jacquell Abrams

Keller Williams Town & Country License #3387277 Listed on: 05/15/2020

Keller Williams Town & Country

Last Buyer's Agent

Marshall Gibbs

Capital City Real Estate Group License #621349

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 2008

Lot Details

  • 3,049

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding
  • Siding

Interior Spaces

  • 4,448 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family or Dining Combination
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Walk-In Closet

Schools

  • Apalachee Elementary School
  • Fairview Middle School
  • Rickards High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Tax Lot 12

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Victory Terrace Unrec Subdivision
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,017

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 12
  • Sold Price Per Sq Ft: 93.3
  • Subdivision: VICTORY TERRACE UNREC
  • Tax Item Number: 1133170020100; 110; 120
  • Type: Multi-Family
  • Miscellaneous Items: Restrictions On Pets
  • L V T Date: 05/15/2020
  • Street Designation: Road
  • Total Sq Ft: 4448
  • Year Built: 2008
  • Directions: Park Ave. /LT or RT on Victory Garden/RT on Collinsford Rd.
  • Elementary School: APALACHEE
  • Geo Longitude: -84.2423530846558
  • High School: RICKARDS
  • Middle School: FAIRVIEW
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Some Carpet, Vinyl Tile, Vinyl
  • Equipment: Dishwasher, Microwave, Range, Refrigerator, Smoke Detector, Wash/Dry All
  • Floor Plan: Story - Two plus
  • Living Area Description: Family Room/Dining Room, Kitchen with Bar
  • Other Rooms: Master Bedroom - Down, Pantry, Walk in Closet

Exterior Features

  • Construction: Concrete Block, Siding - Fiber Cement, Siding - Vinyl

Garage/Parking

  • Parking: Assigned Spaces

Utilities

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

Condo/Co-op/Association

  • Unit: 10 - 12

Schools

  • Elementary School: APALACHEE
  • Middle School: FAIRVIEW
  • High School: RICKARDS

Lot Info

  • Lot Dimensions: 85 x 130 x 85 x 130
  • Geo Subdivision: FL

Rental Info

  • Lease Terms: 1 Year
  • Tenants Rent Includes: Lawn Maintenance

Multi Family

  • Gross Income: 43200
  • Operating Exp Accuracy: Owner Provided
  • Owners Expenses: Insurance, Maintenance/Repairs, Management, Taxes
  • Units: 3

Tax Info

  • Taxes: 1898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Isabel Fuentes
Bought by
Mcdonald Tiffany Nicole
Current Estimated Value
$207,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,510
Outstanding Balance
$150,068
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$57,922

Purchase Details

Listed on
May 15, 2020
Closed on
Dec 1, 2020
Sold by
Cae 540 Collinsford Llc
Bought by
Fuentes Isabel
Seller's Agent
Jacquell Abrams
Keller Williams Town & Country
Buyer's Agent
Marshall Gibbs
Capital City Real Estate Group
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.59%
Original Mortgage
$228,250
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2019
Sold by
Carolyn Always Enterprise Llc
Bought by
Cae 540 Collinsford Llc

Purchase Details

Closed on
May 27, 2016
Sold by
Hobbs Propeties Inc
Bought by
Carolyn Always Enterrise Llc

Purchase Details

Closed on
Apr 13, 2007
Sold by
Riedlinger Thomas
Bought by
Hobbs Properties Inc

Purchase Details

Closed on
Nov 28, 2005
Sold by
Feener Harold D
Bought by
Riedlinger Thomas
Source: Public Records

Range of Values:

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Average Value
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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
Mcdonald Tiffany Nicole $173,900 --
Fuentes Isabel $138,400 Attorney
Cae 540 Collinsford Llc -- Accommodation
Carolyn Always Enterrise Llc $305,000 None Available
Hobbs Properties Inc $16,000 Stewart Title Of Tallahassee
Riedlinger Thomas $1,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Tiffany Nicole $156,510
Previous Owner Fuentes Isabel $228,250
Previous Owner Hobbs Properties Inc $1,184,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $415,000 -2.5% $93 / Sq Ft
10/16/2020 10/16/20 Price Changed $425,500 -5.4% $96 / Sq Ft
05/15/2020 05/15/20 For Sale $450,000 -- $101 / 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 $3,017 $166,908 $25,000 $141,908
2023 $2,690 $139,009 $20,000 $119,009
2022 $2,526 $134,491 $24,000 $110,491
2021 $2,381 $124,053 $22,000 $102,053
2020 $2,040 $107,874 $16,000 $91,874
2019 $1,898 $99,304 $16,000 $83,304
2018 $1,746 $90,523 $16,000 $74,523
2017 $1,724 $88,323 $0 $0
2016 $1,696 $85,648 $0 $0
2015 $1,556 $78,485 $0 $0
2014 $1,556 $78,044 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacquell Abrams

    Seller's Agent in 2020

    Jacquell Abrams

    Keller Williams Town & Country

    (850) 570-0942

    2 in this area

    14 Total Sales

    Jacquell Abrams
    Section Image
  • Marshall Gibbs

    Buyer's Agent in 2020

    Marshall Gibbs

    Capital City Real Estate Group

    (850) 523-4000

    3 in this area

    122 Total Sales

    Marshall Gibbs
    Section Image
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Map

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

MLS Number: 318902

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

APN: 11-33-17-002-010.0

Florida Leon County Tallahassee 32301 Governor's Square

540 Collinsford Rd Unit 10 - 12, Tallahassee, FL

This home is located at 540 Collinsford Rd Unit 10 - 12, Tallahassee, FL 32301 since 15 May 2020 and is currently estimated at $207,989, approximately $46 per square foot. This property was built in 2008. 540 Collinsford Rd Unit 10 - 12 is a home located in Leon County with nearby schools including Apalachee Elementary School, Fairview 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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