tomo logo

$399,900

Beds
3
Baths
2.5
sq ft
2,518

1121 S Magnolia Dr, Tallahassee, FL 32301

1121 S Magnolia Dr

Tallahassee, FL 32301

  • 7 days on market
Great In-Town Location! Commercial (Zoned OR-1), "Office Residential District" Quality Construction, Detached Shop w/ 2 Car Garage, 1/2 Acre Fenced Yard, Beautiful Hardwood Floors, Expansive Living/Dining Room w/ Wood Burning Fireplace, Kitchen w/ Eat-Up Bar, Breakfast Nook w/ Door to Wooden Deck, Generous Sized Master Suite w/ Jetted Tub, Separate Shower, Double Vanities & Walk-In Closet, Huge Bedrooms w/ Dormer Windows & Multiple Closets, Lower Level w/ Concrete Block Construction, 2 Car Garage w/ Parking for 4 Cars, Separate Recreation Room & Plenty of Extra Storage, Circular Driveway w/ Parking for Multiple Vehicle's, Additional Access to Rear of Property Via Service Road. Being Sold As-Is w/ Right to Inspect. Tenant Occupied Until 7/31/2025 @ $2,1000 Per Mo.

Details

Property type

Single Family Residence

Est. home value

$393,333

Lot size

0.48 acres

Price per sq ft

$159

Year built

1999

Price History

10/31/2024
Tallahassee

Tallahassee #378602

Listed
$399,900
+83.86%
12/01/2016
Tallahassee

Tallahassee #269536

Sold
$217,500

Schools & Community

Elementary school: 

HARTSFIELD

Middle school: 

FAIRVIEW

High school: 

RICKARDS

Seller’s Loan History

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

Lender

Capital City Bank

Loan start date

December 2016

Original loan amount

$174,000

Est. remaining balance

Not provided

Interest rate

3.47%

Loan type

Commercial, 15 year

Seller

Jayram Properties Llc

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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Price drop
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950 Alachua Ave, Tallahassee, FL 32308

Status: Active

Tomo last checked: 11/08/2024 at 3:00 PM

Listing updated: 11/07/2024 at 7:51 AM

Listed by: Michael Carruthers, Joseph R. Bracciale Jr. Broker Phone #: (850) 428-2003

MLS: Tallahassee #378602

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