tomo logo

$219,000

Beds
3
Baths
2.0
sq ft
1,509

550 Teal Ln, Tallahassee, FL 32308

550 Teal Ln

Tallahassee, FL 32308

  • Pending
OPEN HOUSE SATURDAY FROM 12PM - 2PM! Just 1 mile to Tallahassee Memorial Hospital and less than 4 miles to both Florida State University and The Capitol, this conveniently located 3 bedroom, 2 bathroom, end-unit townhome was just professionally painted, cleaned, and is truly MOVE-IN READY! Featuring luxury vinyl plank flooring downstairs, granite countertops in the kitchen and upstairs bathrooms, a wood burning fireplace, inside laundry room, walk-in closets, oversized bedrooms, a one-car garage, and a fenced-in yard. Both the HVAC and roof were replaced in 2021. This is an excellent value for both owner-occupants and investors alike.

Details

Property type

Townhouse

Est. home value

$246,629

Lot size

4,792 sq ft

Price per sq ft

$146

Year built

1989

Price History

03/30/2025
Tallahassee

Tallahassee #383704

Pending
$219,000
03/27/2025
Tallahassee

Tallahassee #383704

Listed
$219,000
+21.67%
04/30/2021
Tallahassee

Tallahassee #331137

Sold
$180,000

Schools & Community

Elementary school: 

Kate Sullivan Elementary

Middle school: 

COBB

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

$69,695
Asking price
$219,000
Closing costs (~8% of asking)
-$17,520
Est. remaining loan balance
-$131,785
Cash to seller
$69,695

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2021

Original loan amount

$144,000

Est. remaining balance

$131,785

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Michelle Reyes and Oliver Reyes

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?

Status: Pending/Under Contract

Tomo last checked: 03/30/2025 at 7:25 PM

Listing updated: 03/30/2025 at 5:31 PM

Listed by: Nikky Manausa, Hill Spooner & Elliott Inc Phone #: (850) 907-2051

MLS: Tallahassee #383704

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