724 W Madison St Unit 1 Tallahassee, FL 32304
University NeighborhoodEstimated Value: $490,000
            
                4
                Beds
            
            
            
                4
                Baths
            
            
            
                1,671
                Sq Ft
            
            
                
                    $293/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 724 W Madison St Unit 1, Tallahassee, FL 32304 and is currently priced at $490,000, approximately $293 per square foot. 724 W Madison St Unit 1 is a home located in Leon County with nearby schools including John G Riley Elementary School, Augusta Raa Middle School, and Leon High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                May 25, 2023
            
        
                Sold by
            
            
                724 Madison St Llc
            
        
                Bought by
            
            
                Tallahassee Property Investors Iii Jv Llc
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $60,680,000
            
        
                Outstanding Balance
            
            
                $58,955,514
            
        
                Interest Rate
            
            
                6.27%
            
        
                Mortgage Type
            
            
                Construction
            
        Purchase Details
                Closed on
            
            
                Nov 24, 2009
            
        
                Sold by
            
            
                Cunningham Ruby and Smith Dionne
            
        
                Bought by
            
            
                724 Madison St Llc
            
        Purchase Details
                Closed on
            
            
                May 12, 2009
            
        
                Sold by
            
            
                County Of Leon
            
        
                Bought by
            
            
                Cunningham Ruby and Smith Dionne
            
        Purchase Details
                Closed on
            
            
                Apr 22, 2004
            
        
                Sold by
            
            
                Whaley Estelle
            
        
                Bought by
            
            
                Howard Carolyn
            
        Purchase Details
                Closed on
            
            
                Apr 14, 2004
            
        
                Sold by
            
            
                Howard Carolyn
            
        
                Bought by
            
            
                Whaley Estelle
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Tallahassee Property Investors Iii Jv Llc | $700,000 | None Listed On Document | |
| 724 Madison St Llc | $84,000 | Padgett Title Services Llc | |
| Cunningham Ruby | $14,000 | None Available | |
| Howard Carolyn | -- | -- | |
| Whaley Estelle | -- | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Tallahassee Property Investors Iii Jv Llc | $60,680,000 | 
                Source: Public Records
            
        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 | $5,727 | -- | -- | -- | 
| 2023 | $5,727 | $296,000 | $48,000 | $248,000 | 
| 2022 | $5,410 | $288,000 | $48,000 | $240,000 | 
| 2021 | $5,144 | $268,000 | $48,000 | $220,000 | 
| 2020 | $4,992 | $264,000 | $48,000 | $216,000 | 
| 2019 | $4,970 | $260,000 | $48,000 | $212,000 | 
| 2018 | $4,741 | $245,760 | $48,000 | $197,760 | 
| 2017 | $4,791 | $245,760 | $0 | $0 | 
| 2016 | $4,531 | $240,000 | $0 | $0 | 
| 2015 | $3,849 | $220,000 | $0 | $0 | 
| 2014 | $3,849 | $208,000 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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