NOT LISTED FOR SALE

550 E Washington St Monticello, FL 32344

Estimated Value: $300,877 - $329,000

3 Beds
2 Baths
2,440 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $265,000 $109 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,044/month

128 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Covered Patio or Porch
  • Wood Flooring
  • Home Office
  • Formal Dining Room

About This Home

As of March 2022

You must experience this home to appreciate its historic character! Beyond the high palms and the multiple French doors lies a unique, one-of-a-kind home with a history of happy family memories. Built of Florida cypress with heart pine floors, this much-loved, modified creole-style raised cottage has retained many of its original features. The pre-Civil War home has been through several updates while maintaining its charm and beauty over 163 years (c. 1858). Enjoy the view from the 600 sq. ft. covered front porch, suitable for entertaining or enjoying leisurely days under the overhead fans. Once inside, wide-plank heart pine flooring, original bead-board, picture rails and period details abound. Multiple entertaining and dining areas exist throughout the home, all graced by high ceilings and original fireplaces. Note, the current owner has chosen to re-purpose the largest bedroom (19’x19’) into an additional family area with French door access to the front porch, and another smaller bedroom (19’x10’) into a cozy den, with exterior door access to the backyard. Recent updates include: HVAC (2020), Water Heater (2020), and Roof (2012). While the seller has managed to address big-ticket items, this lovely space will still require some repairs in order to fully restore. The large jack-and-Jill style bathroom is in need of a full renovation (including sub-floors). It currently has a working toilet and vanity, and is being utilized for storage. Though currently purposed for residential use, this property’s unique and desirable B-2 zoning (Business/Highway) also allows for future business/professional possibilities. Prominently located in the downtown historic district of Monticello with shops and restaurants within short walking distance. A quick 20-minute drive will get you to both Tallahassee, FL and Thomasville, GA.

Last Agent to Sell the Property

Brenna Kelly-Ward

Kelly & Kelly Properties, Inc License #3355400 Listed on: 10/15/2021

Last Buyer's Agent

Brian Bachman

Kelly & Kelly Properties, Inc License #3502549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1858

Lot Details

  • 10,454 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence

Home Design

  • Traditional Architecture
  • Cottage
  • Wood Siding

Interior Spaces

  • 2,440 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Separate Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Parking Available
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Jefferson Elementary School
  • Jefferson County Middle School
  • Jefferson County High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • Presbyterian Land Subdivision

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 12065-00-00-00-0390-0000-0041

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,050

Year Built

Built in 1858

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 102
  • Miscellaneous: 9 + Foot Ceilings, Fence - Privacy, Some Items Excluded, Fenced - Partial
  • Road Frontage Type: Maint - Gvt., Paved, Street Lights, Sidewalks
  • Sold Price Per Sq Ft: 108.61
  • Style Exterior: Traditional/Classical, Cottage
  • Subdivision: Presbyterian Land
  • Tax Database Id: 9
  • Tax Item Number: 00-00-00-0390-0000-0041
  • Type: Detached Single Family
  • Street Designation: Street
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2440
  • Year Built: 1858
  • Directions: Exit Monticello Courthouse Circle onto E Washington St/90E (0.2 mi). Park on Washington/90E.
  • Elementary School: Jefferson Elementary
  • Geo Longitude: -83.866324
  • High School: Jefferson County High School
  • Middle School: Jefferson County Middle School
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Sheet Vinyl
  • Equipment: Dishwasher, Disposal, Refrigerator, Stove, Range/Oven
  • Fireplace: Yes
  • Floor Plan: Story - One, Bedroom - Split Plan
  • Kitchen Dim: 21x10
  • Living Area Description: Separate Family Room, Kitchen with Bar, Separate Dining Room, Separate Kitchen, Separate Living Room
  • Master Bedroom Dim: 15x15
  • Other Room Description: Study/Office
  • Other Room Dim: 10x13
  • Other Rooms: Pantry, Porch - Covered, Study/Office, Utility Room - Inside, Walk-in Closet

Exterior Features

  • Construction: Siding-Wood, Crawl Space
  • Number Of Acres: 0.24

Garage/Parking

  • Garage: Parking Spaces, Street/Curb Only

Utilities

  • Heating: Central, Electric, Fireplace - Wood
  • Cooling: Central, Electric, Fans - Ceiling
  • Water Heater: Electric
  • Utility Provider: DUKE: Electric

Schools

  • Elementary School: Jefferson Elementary
  • Middle School: Jefferson County Middle School
  • High School: Jefferson County High School

Lot Info

  • Lot Dimensions: 102x105x102x105
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12065-00-00-00-0390-0000-0041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Mar 4, 2022
Sold by
Stubbs Gwynn Virginia
Bought by
Davis Thomas J and Davis Amy Linda
Seller's Agent
Brenna Kelly-Ward
Kelly & Kelly Properties, Inc
Buyer's Agent
Brian Bachman
Kelly & Kelly Properties, Inc
List Price
$310,000
Sold Price
$265,000
Premium/Discount to List
-$45,000
-14.52%
Current Estimated Value
$311,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,544
Avg. Annual Appreciation
3.62%
Original Mortgage
$260,200
Outstanding Balance
$246,124
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$53,442
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
Davis Thomas J $265,000 North Florida Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Thomas J $260,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $265,000 -14.5% $109 / Sq Ft
10/15/2021 10/15/21 For Sale $310,000 -- $127 / 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 $4,050 $223,255 -- --
2023 $3,855 $216,753 $9,448 $207,305
2022 $975 $74,179 $0 $0
2021 $984 $72,018 $0 $0
2020 $988 $71,024 $0 $0
2019 $944 $69,364 $0 $0
2018 $946 $68,071 $0 $0
2017 $945 $66,672 $0 $0
2016 $919 $65,301 $0 $0
2015 -- $64,847 $0 $0
2014 -- $64,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 338466

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

APN: 00-00-00-0390-0000-0041