$300,000
SOLD OCT 19, 2018
8 Beds
8 Baths
2,735 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

17% Below List Price

180 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • 1-Story Property
  • Leon High School Rated A
  • Eat-In Kitchen
  • 5-minute walk to Carter Howell Strong Park

About This Home

As of December 2024

New Improvements! New Tenants!! Outstanding Investment Opportunity!! 3 houses on 3 separate parcels, side by side. Just 2 blocks from FSU's Student Union!! Zoned CU-26 Central Urban, zoned for up to 13 units! Current tenants leased till July 31st, 2019 totaling $2975 per month in rent!

Last Agent to Sell the Property

Mike Legate

Keller Williams Town & Country License #405456 Listed on: 03/08/2018

Keller Williams Town & Country

Last Buyer's Agent

Reginald Jahn

Keller Williams Town & Country License #3109147

Keller Williams Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1955

Home Design

  • Frame Construction
  • Vinyl Siding
  • Siding

Interior Spaces

  • 2,735 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Family or Dining Combination

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • On-Street Parking
  • Unassigned Parking

Schools

  • Riley Elementary School
  • Griffin Middle School
  • Leon High School

Additional Features

  • Deck
  • Partially Fenced Property
  • Central Heating and Cooling System

Community Details

  • Saxon Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Legal Lot and Block 26 / 2
  • Assessor Parcel Number 12073-21-35-75-002-026-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,072

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside Capital Circle: Yes
  • Lot: 26
  • Sold Price Per Sq Ft: 109.69
  • Subdivision: Saxon
  • Tax Database Id: 9
  • Tax Item Number: 2135750020260
  • Type: Multi-Family
  • Miscellaneous Items: Deck, Fencing - Partial, Units Vary
  • L V T Date: 03/08/2018
  • Street Designation: Street
  • Total Sq Ft: 2735
  • Year Built: 1955
  • Directions: From FSU entrance, go north on Woodward, rt on GA St
  • Elementary School: RILEY
  • Geo Longitude: -84.2966929378509
  • High School: LEON
  • Middle School: GRIFFIN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Units Vary
  • Equipment: Dead Bolt, Dishwasher, Microwave, Refrig/Icemaker, Units Vary
  • Floor Plan: Story - One
  • Living Area Description: Family Room/Dining Room, Kitchen - Eat In, Separate Living Room, Units Vary
  • Other Rooms: Units Vary

Exterior Features

  • Construction: Frame, Siding - Fiber Cement, Siding - Vinyl, Units Vary

Garage/Parking

  • Parking: Area - Unassigned, On Street, Units Vary

Utilities

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

Schools

  • Elementary School: RILEY
  • Middle School: GRIFFIN
  • High School: LEON

Lot Info

  • Lot Dimensions: 165x150
  • Geo Subdivision: FL

Rental Info

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

Multi Family

  • Operating Exp Accuracy: Information Limited
  • Owners Expenses: Advertising, Legal/Accounting, Maintenance/Repairs, Management
  • Units: 3

Tax Info

  • Assessor Parcel Number: 12073-21-35-75-002-026-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Dec 17, 2024
Sold by
Jahn-Gentry Llc
Bought by
Fresh Development International Llc
Seller's Agent
Reginald Jahn
Keller Williams Town & Country
Buyer's Agent
Reginald Jahn
Keller Williams Town & Country
List Price
$500,000
Sold Price
$150,000
Premium/Discount to List
-$350,000
-70%
Views
75
Current Estimated Value
$154,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,052
Avg. Annual Appreciation
5.10%

Purchase Details

Listed on
Mar 8, 2018
Closed on
Oct 19, 2018
Sold by
Rausch Edward and Rausch Robin
Bought by
Jahn Gentry Llc
Seller's Agent
Mike Legate
Keller Williams Town & Country
Buyer's Agent
Reginald Jahn
Keller Williams Town & Country
List Price
$360,000
Sold Price
$300,000
Premium/Discount to List
-$60,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.63%
Original Mortgage
$228,750
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Arrecis Julio J
Bought by
Rausch Edward and Rausch Robin

Purchase Details

Closed on
May 13, 1998
Sold by
Mccaffrey Patrick C and Paparone Candis Dev
Bought by
Arrecis Julio J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.04%
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 Type Sale Price Title Company
Warranty Deed $150,000 None Listed On Document
Warranty Deed $150,000 None Listed On Document
Warranty Deed $300,000 Attorney
Warranty Deed $187,000 --
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $228,750 Purchase Money Mortgage
Previous Owner $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $150,000 -16.7% $190 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $180,000 -64.0% $228 / Sq Ft
06/24/2024 06/24/24 For Sale $500,000 0.0% $635 / Sq Ft
08/25/2023 08/25/23 Rented $1,200 -13.0% --
08/17/2023 08/17/23 Price Changed $1,380 +10.4% $2 / Sq Ft
08/07/2023 08/07/23 For Rent $1,250 0.0% --
10/19/2018 10/19/18 Sold $300,000 -7.7% $110 / Sq Ft
05/23/2018 05/23/18 Price Changed $325,000 -3.0% $119 / Sq Ft
05/10/2018 05/10/18 Price Changed $335,000 -6.9% $122 / Sq Ft
03/08/2018 03/08/18 For Sale $360,000 -- $132 / 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 $2,072 $113,869 $25,000 $88,869
2023 $1,933 $95,746 $0 $0
2022 $1,687 $96,509 $18,000 $78,509
2021 $1,519 $79,129 $18,000 $61,129
2020 $1,422 $75,194 $18,000 $57,194
2019 $1,386 $72,516 $18,000 $54,516
2018 $1,350 $69,966 $18,000 $51,966
2017 $1,292 $66,189 $0 $0
2016 $1,474 $74,439 $0 $0
2015 $1,399 $72,202 $0 $0
2014 $1,399 $70,166 $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: 290878

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

APN: 21-35-75-002-026.0