1518 N M L King Jr

House in Levy Park
Active

1518 North Martin Luther King Jr Boulevard, Tallahassee, FL 32303

$230,000
 for Sale at 1518 North Martin Luther King Jr Boulevard, Tallahassee, FL 32303

25

 for Sale at 1518 North Martin Luther King Jr Boulevard, Tallahassee, FL 32303
 for Sale at 1518 North Martin Luther King Jr Boulevard, Tallahassee, FL 32303
 for Sale at 1518 North Martin Luther King Jr Boulevard, Tallahassee, FL 32303
$230,000
2
Beds
2
Baths
Half Bath
1,212
Ft²
$190
$/ft²
0.14
Acres
Cap Rate
Est. Monthly
Cap Rate
4.59%
Est. Monthly
$1,374
*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


Building Info

Overview

This property was built in 1947.

General

  • Year Built

    1947
  • Actual Year Built

    1975
  • Building Count

    1
  • Total Rooms

    0.00
  • Bedroom Count

    2
  • Bathroom Count

    1.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    0
  • Building Quality

    7
  • Construction Type

    -
  • Building Style

    -
  • Exterior Walls Type

    -
  • Interior Walls Type

    -
  • Roof Shape Type

    gable
  • Roof Cover Type

    -
  • Floor Count

    1
  • Living Units

    1.00
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    -
  • Basement Type

    -
  • Basement Area

    0.00
  • Garage Type

    -
  • Garage Square Area

    0.00
  • Parking Space Count

    0.00
  • Patio Type

    -
  • Porch Type

    -
  • Pool Type

    -

Dimensions

  • Lot Size Square Feet

    6,250
  • Lot Size Depth Feet

    0
  • Total Building Area

    1,212
  • Gross Building Area

    1,374
  • Building Area

    1,212
  • Building Area Source

    E

Heating

  • Fireplace Count

    0.00
  • Air Conditioning Type

    -
  • Heat Code

    a heating system
  • Heated Square Feet

    1,212
  • Heating Fuel Type

    -

Codes

  • Sewer System

    -
  • Water Service Type

    -

Building

Building codes and types
  • Building Type

    -
  • Property Class ID

    residential
  • Subdivision

    SUNNILAND
  • Land Acres

    0.143
  • Standard Land Use Code

    single family residential
  • County Land Use Code

    0100
  • State Land Use Code

    001
  • Legal Description 1

    SUNNILAND LOTS 21 & 22 BLOCK E OR 1568/1117

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    Leon County School District
  • Census Tract

    000700

Geography

The property is located in zip code 32303.
  • Parcel

    21-25-80- E-021-0
  • Block

    E
  • Lot

    021
  • Meridian

    SEC 25 TWN 1N RNG 1W
  • Municipality

    INSIDE CITY
  • Latitude

    30.4599
  • Longitude

    -84.2858

Address

  • Full Address

    1518 N M L King Jr Blvd
  • Address - House Number

    1518
  • Street Direction

    N
  • Address - Street Name

    M L King Jr
  • Address - Suffix Type

    Blvd
  • State

    FL
  • City Name

    Tallahassee
  • Carrier Code

    C085
  • 4-Digit Zip Code

    5415
  • Zip Code

    32303

Valuation

The assessed value of this property is $132,986.
  • Timestamp

    Nov 01, 2021
  • UCID Flag

    C
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2021
  • Tax Amount

    $2,757
  • Tax Rate Code Area

    CITY

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $121,600

Market Valuation

  • Market Total Value

    $132,986
  • Market Land Value

    $35,000
  • Market Improvement Value

    $97,986

Appraisal Valuation

  • Valuation Date

    Oct 27, 2021
  • Confidence Score

    74
  • Final Value

    193,338
  • High Value

    230,348
  • Low Value

    156,329

Assessments Valuation

  • Assessed Year

    2020
  • Assessed Total Value

    $132,986
  • Assessed Land Value

    $35,000
  • Assessed Improvements Value

    $97,986

Sales

  • Current Sale Contract Date

    20210716
  • Current Sale Recording Date

    20210723
  • Current Sale Transaction ID

    11846803900
  • Current Sales Price

    $152,000
  • Current Sale Document Type

    Warranty Deed
  • Current Sale Input Book

    5617
  • Current Sale Input Document Number

    20210052603
  • Current Sale Input Page

    489
  • Sale Date

    20110621
  • Previous Sale Contract Date

    20110620
  • Previous Sale Type of Sales Price

    Sales Price or Transfer Tax rounded by county prior to computation.
  • Sale Amount

    $20,000
  • Previous Sale Document Type

    71

Mortgages

  • First Current Mortgage Lender

    REGIONS BANK
  • First Current Mortgage Transaction Date

    20210723
  • First Current Mortgage Loan Amount

    $121,600
  • First Current Mortgage Terms

    360
  • First Current Mortgage Loan Type

    New Conventional
  • First Current Mortgage Loan Due Date

    20510801
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    REGIONS BANK
  • First Open Lien Mortgage Recording Date

    20210723
  • First Open Lien Mortgage Loan Amount

    $121,600
  • 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

    20510801
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Loan Amount

    $0
  • Previous Mortgage Term

    0

Vacancy

  • Vacant Flag

    M
  • Vacant Flag Date

    20201204

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Home Features

Appliances

MicrowaveOvenRefrigerator

Interior

Ceiling Fans

HVAC

Central A/CFurnace

Ownership

Current Owner

Munoz Jose

Previous Owner

Davis William H

Price History

Date/EventEventPrice
Mar 15, 2023 Listed by Lohman Realty LLCListed by Lohman Realty LLC$230,000
Feb 25, 2023 Price DecreasedPrice Decreased$244,000 $5K (2%)
Feb 11, 2023 Listed by Lohman Realty LLCListed by Lohman Realty LLC$249,000
Oct 6, 2021 No longer availableNo longer available-
Jul 23, 2021 SoldSold$152,000
Jun 28, 2021 In contractIn contract-
May 22, 2021 Price DecreasedPrice Decreased$165,000 $23K (12.2%)
Apr 17, 2021 Listed by Lohman Realty LLCListed by Lohman Realty LLC$188,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$13,500
ExpensesPer Year
$2,940
Operating 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
TypeBedsBathsft²
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

Payment Calculator



Neighborhood

About Levy Park

Stats & Trends

The median asking price in Levy Park is $244,500.
  • Median Asking

    $244,500
  • Sale Price/ft²

    $202.66
  • Below Asking

    0.02%
  • Days on Market

    32

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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...

1518 North Martin Luther King Jr Boulevard, Tallahassee, FL 32303


Frequently Asked Questions

What neighborhood is 1518 North Martin Luther King Jr Boulevard located in?
The 1518 North Martin Luther King Jr Boulevard is a house located in the neighborhood of Levy Park in Levy Park, Tallahassee.
How many units are currently for sale in 1518 North Martin Luther King Jr Boulevard?
1518 North Martin Luther King Jr Boulevard has a total of 1 units in the building. There are one units for sale right now.
What is the average sales price for units in 1518 North Martin Luther King Jr Boulevard?
The average sales price for units in 1518 North Martin Luther King Jr Boulevard is $165,000, or $136/sqft.
How long on average are units in 1518 North Martin Luther King Jr Boulevard on the market?
Units in 1518 North Martin Luther King Jr Boulevard are usually on the market for an average of 96 days with an average asking price of $165,000.

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