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1122 Mercer Drive

1122 Mercer Drive, Tallahassee, FL 32312
Sold May 15, 2020
$337,500
$270,000 by Capital City Home Loans Llc
Mortgage Due Jun 01, 2050
1122 Mercer Drive has been categorized by the local assessors in Tallahassee, FL as a residential type of property. The building on the property was first built in 1965 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1122 Mercer Drive has 2,055 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 23,958 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 400 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a wood truss style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1122 Mercer Drive sold most recently in May 15, 2020 for a total of $337,500. If you work out the math, that's approximately a cost of $130.16 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,054 in taxes each year. 1122 Mercer Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $258,526. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Parquet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 2,593
  • Gross Building Area: 2,593
  • Building Area: 2,055
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,055
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WAVERLY HILLS
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WAVERLY HILLS UNIT 5 LOT 27 BLOCK C OR 804/588 1046/1583

Ownership

  • Current Owner : SCHRADER JOHN STEVEN
  • Current Owner 2: SCHRADER TAYLOR NASH
  • Previous Owner : MCGEHEE MICHAEL C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Leon County School District
  • Census Tract: 001701

Zoning

  • Zoning: RP1

Geography

  • Assessors Map Reference: 004DCEC6
  • Parcel: 11-18-80-00C-027.0
  • Block: C
  • Lot: 27
  • Meridian: SEC 18 TWN 1N RNG 1E
  • Municipality: CITY
  • Latitude: 30.4846
  • Longitude: -84.2619

    Address

  • Full Address: 1122 Mercer Dr
  • Address - House Number: 1122
  • Address - Street Name: Mercer
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Tallahassee
  • Carrier Code: C053
  • 4-Digit Zip Code: 2834
  • Zip Code: 32312

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,054
  • Tax Rate Code Area: CITY

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 477,643
  • High Value: 567,406
  • Low Value: 387,881

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: CAPITAL CITY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: May 15, 2020
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $294,279
  • Market Land Value: $70,000
  • Market Improvement Value: $224,279

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $258,526

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Transaction ID: 11762081762
  • Current Sale Price: $337,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200027241

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL CITY HOME LOANS LLC
  • First Mortgage Transaction Date: May 15, 2020
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

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Nearby Rentals

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$1,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,550 ft²
Listing by Krysta McLaughlin
Unit for rent at

$1,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,224 ft²
Listing by Wanda Sawyer

Frequently Asked Questions

What neighborhood is 1122 Mercer Drive located in?
The 1122 Mercer Drive is a house located in the neighborhood of Waverly Hills in Waverly Hills, Tallahassee.
What is the average sales price for listings in 1122 Mercer Drive?
The average sales price for units in 1122 Mercer Drive is $350,000 , or $170/sqft. currently.

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