NOT LISTED FOR SALE

524 W Tharpe St Tallahassee, FL 32303

North Tallahassee Neighborhood
124 Beds
2 Baths
63,258 Sq Ft
1968 Built

Last Sold December 19, 2019

Last sale price $4,200,000 $66 Per Sq Ft

49 Days on Market

About This Home

As of December 2019

Georgetown Apartments is a 60-unit pool community located near mid-town on the north side of Tallahassee walking distance to Northwood Shopping Centre, Publix, and Lake Ella. It is across the street from Raa Middle and Ruediger Elementary Schools. This is a market rate professional community built in 1968 of brick and frame construction on 3.56 +/- acres. It has been owned by the seller since 1994. The owner has invested significant capital by replacing the roofs (2007), awnings, landscaping, asphalt, plumbing, and upgraded the pool house. The units do not currently have washer/dryer hook ups. There is a laundry facility on site. The owner self manages so buyer will need to secure their own management. Broker can make recommendations. Tenant pays electric, landlord pays water & sewer. The zoning allows for up to 45 units/acre for future development (160 units for this site).

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,837

Year Built

  • Built in 1968

Home Design

  • 63,258 Sq Ft Home

Community Details

  • No Home Owners Association
  • 60 Units

Listing and Financial Details

  • Assessor Parcel Number 2124206460000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,837

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Living Area: 63258
  • Year Built: 1968
  • Directions to Property: From I-10 exit US 27 South (N Monroe Street). Turn right on W Tharpe St. Subject is on right just past MLK Jr. Blvd
  • Status: Sold
  • Street Direction: W
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 534938124
  • RATIO Current Price By Calculate: 66.39
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 524
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 5876.86

Utilities

  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Parcel Number: 2124206460000

Multi Family

  • Number Of Units Total: 60
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 25837

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Off Market $4,200,000 -- --
12/19/2019 12/19/19 Sold $4,200,000 +740.0% $66 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $500,000 -- $8 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Map

Source: Stellar MLS

MLS Number: GC427837

Stellar MLS

Florida Leon County Tallahassee 32303 North Tallahassee

524 W Tharpe St, Tallahassee, FL

Homes for Sale in Tallahassee, FL

This home is located at 524 W Tharpe St, Tallahassee, FL 32303 since 20 August 2019. This property was built in 1968. 524 W Tharpe St is a home located in Leon County with nearby schools including Ruediger 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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393