Great Townhome Priced $60k Under Comps

Leon County, Tallahassee, FL, 32312
Sold
Listed at: May 23rd, 2023
Price
$197,500
ARV
$265,000
Gross Margin
$67,500
Sq. Footage
1360
Type
Townhouse
Parking
Garage
Year build
1995
Lot size
3978.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary
We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract. It will however result in a lawsuit. Our attorney is on notice.


Investor Price $197,500

Retail Value ....$265,000

Gross Margin .$ 67,500

Estimated Value

Est. Value Range High: $275,000
Est. Value Range Low: $240,000
Est. Rent Per Month: $1,900

Property Details

Rehab Level: Moderate
Construction: Wood Framed/Siding
Electrical Panel: Good Condition
Air Conditioner: Poor Condition
Water Heater: Fair Condition
Roof: 2014 Good Condition
Occupancy: Vacant at closing

Comps

7316 Hollis St- 3 Bed 2 Bath- 1,461 sqft -SOLD $250,000
7116 Towner Trce- 3 Bed 2 Bath- 1,213 sqft -SOLD $230,000
7325 Hollis St- 3 Bed 2 Bath- 1,195 sqft -SOLD $249,900


*Do not disturb occupants or walk on property. Trespassing is a criminal offense.
***DO NOT re-market this property under any circumstance without consent. Tru REI LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. Tru REI and its associates are not liable for the accuracy of the information.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brittaney Perez

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