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$456,500

Beds
3
Baths
2.0
sq ft
2,056

109 W 4th Ave, Tallahassee, FL 32303

109 W 4th Ave

Tallahassee, FL 32303

  • 311 days on market
    • Price drop $500↓
Looking for a space where you can live and work? This charming 1940s home, zoned for both residential and commercial use, offers the perfect blend of convenience and flexibility. Located near campus, government offices, dining, and shopping in the desirable MidTown area, this property can serve as your ideal live/work space. The 3-bedroom, 2-bath home features high ceilings, hardwood floors, and a kitchen with a stove, making it move-in ready as your new home. If you're seeking a versatile layout, you can live in the back portion of the property while running your business from the front. Previously used as a therapy office and an attorney’s office, this space is perfect for any professional service business. As an office, the property offers 6 private spaces (4 of which are large offices), 2 private restrooms, a shared kitchen, and a waiting area. You could easily convert one of the private offices into a conference room and use the remaining ones as offices. Whether you’re looking to start a business or need a dual-purpose space, this property offers the flexibility to suit a wide range of professional or personal service businesses. Zoned for both commercial and residential use, this is a fantastic opportunity for those seeking a great live/work location in a prime area.**No assignment of contract will be accepted; No wholesalers. No owner financing available.**

Details

Property type

Single Family Residence

Est. home value

$472,891

Lot size

7,405 sq ft

Price per sq ft

$223

Year built

1949

Price History

12/09/2024
Tallahassee

Tallahassee #368581

Price change
$456,500
-0.11%
07/29/2024
Tallahassee

Tallahassee #368581

Price change
$457,000
-0.44%
04/11/2024
Tallahassee

Tallahassee #368581

Price change
$459,000
-2.13%

Schools & Community

Elementary school: 

Kate Sullivan Elementary

Middle school: 

RAA

High school: 

LEON

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$153,890
Asking price
$456,500
Closing costs (~8% of asking)
-$36,520
Est. remaining loan balance
-$266,090
Cash to seller
$153,890

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

August 2023

Original loan amount

$270,000

Est. remaining balance

$266,090

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Dana Brigitte Blanco and The Blanco Family Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 1:40 AM

Listing updated: 12/09/2024 at 1:41 AM

Listed by: Sonya Fowler Revell, Fowler Revell Real Estate Co. Phone #: (850) 745-4646

MLS: Tallahassee #368581

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