1518 N M L King Jr
House in Levy Park
Active
1518 North Martin Luther King Jr Boulevard, Tallahassee, FL 32303
25
Map
$230,000
2
Beds
2
Baths
–
Half Bath
1,212
Ft²
$190
$/ft²
0.14
Acres
*Contingent - Open houses canceled for 3/18 & 3/19* Large price
adjustment AND seller is offering a $2,500 credit to buyer!! Seller
is motivated! Don't miss this midtown charmer that was renovated in
2021!! This home is in a PRIME location with two bedrooms, two FULL
baths and a large backyard! This awesome home features tons of
renovations that include a new HVAC & duct work, LVP flooring
throughout the home, fresh interior paint, new appliances, new
white kitchen cabinets, subway tile backsplash, new bathroom
vanities, fully tiled showers in both bathrooms, new ceiling fans,
blinds, fence, fully pressure washed... this home is absolutely
turn key and ready for you to move in!! Roof...
LISTING AGENT
Kelsey LohmanLohman Realty LLC[email protected]
Building Info
Building
Building codes and typesNeighborhood
Community district, city council district, police precinct, and more.Geography
The property is located in zip code 32303.Building Features
Exterior
Vinyl Siding
Driveway
Driveway
Home Features
Appliances
MicrowaveOvenRefrigerator
Interior
Ceiling Fans
HVAC
Central A/CFurnace
Ownership
Current Owner
Munoz JosePrevious Owner
Davis William HPrice History
| Date/Event | Event | Price |
|---|---|---|
| Mar 15, 2023 Listed by Lohman Realty LLC | Listed by Lohman Realty LLC | $230,000 |
| Feb 25, 2023 Price Decreased | Price Decreased | $244,000 $5K (2%) |
| Feb 11, 2023 Listed by Lohman Realty LLC | Listed by Lohman Realty LLC | $249,000 |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$13,500ExpensesPer Year
$2,940Operating ProfitPer Year
$10,560 Cap rate
4.59%Price Estimate
$261,000$227,987$194,976
20232024202520262027
Current Asking Price
$230,000
HopScore Market Price
$227,987
The current asking price is $2,012.01 above the HopScore market price.
Comparables
| Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
|---|---|---|---|---|---|
| Active | House | 2 | 1 | 943 ft² $238/ft² | $224,500 $186.17/mo |
| Active | House | 2 | 1 | 906 ft² $210/ft² | $190,000 |
| Active | House | 3 | 1 | 917 ft² $207/ft² | $189,900 $542/mo |
| Active | House | 3 | 1 | 996 ft² $201/ft² | $200,000 |
| Active | Multifamily | 4 | 2 | 1,618 ft² $150/ft² | $242,900 $216.75/mo |
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Neighborhood
About Levy Park
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Local assessors in Tallahassee, FL have categorized 1518 North Martin Luther King Jr Boulevard as a residential type of property.
The home was built in 1947 and is 76 years old.
It was most recently renovated and altered in 1975.
The property's lot size has been calculated to be 6,250 square feet.
Now, let's dive a bit deeper into the details surrounding the home on the property.
There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom.
As for the restroom situation, there is one full bathroom
and unclear on the number of partial bathrooms on...
