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$494,281Estimated home value

Beds
4
Baths
2.5
sq ft
2,400

7027 Spencer Rd, Tallahassee, FL 32312

7027 Spencer Rd

TALLAHASSEE, FL 32312

  • Sold On 3/8/2023
Perfect for entertaining with an open floor plan and sparkling pool, this 4 bedroom, 2.5 bath brick home was renovated in 2022! Staying true to mid-century modern design, you are greeted by a spacious sunken living room with a wood-burning fireplace, which flows effortlessly into the updated black & white kitchen and open dining area. Beyond the pool, various citrus trees can be found on this spacious 1.3 acre lot. Located off Ox Bottom Rd. in northeast Tallahassee, this home is move-in ready! 2022 updates include: new granite in kitchen and baths, new gas range, new lighting, new vinyl plank flooring throughout, new double hung insulated windows and sliding doors, new gutters, and a new Rinnai.

Details

Property type

Single Family Residence

Est. home value

$494,281

Lot size

1.30 acres

Price per sq ft

$208

Year built

1972

HOA fee

$100

Price History

03/03/2025
Tallahassee

Tallahassee #381276

Removed
$550,000
-2.65%
01/30/2025
Tallahassee

Tallahassee #379360

Removed
$565,000
+2.73%
01/30/2025
Tallahassee

Tallahassee #381276

Price change
$550,000
-2.65%

Schools & Community

Elementary school: 

HAWKS RISE

Middle school: 

DEERLAKE

High school: 

CHILES

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

-$4,218
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$463,298
Cash to seller
-$4,218

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

Seller’s Loan History

Lender

University Bank

Loan start date

March 2023

Original loan amount

$475,000

Est. remaining balance

$463,298

Interest rate

6.15%

Loan type

VA, 30 year

Seller

Jeremy Christopher Scanlon

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: Off Market

Tomo last checked: 04/02/2025 at 8:35 PM

Listing updated: 02/16/2024 at 8:53 AM

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

MLS: Tallahassee #353487

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