2416 Formosa Drive

2416 Formosa 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 2006 and is 18 years old. The home has a total of 3 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, 2416 Formosa Drive has 2,102 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 9,148 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 attached garage for those who require parking. The garage measured 437 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. The property was last sold in May 28, 2019 for $269,900. That's $102.35 per sqft. Prior to that sales transaction, the property was also sold in Feb 6, 2006 for $295,000. 2416 Formosa Drive was last assessed in 2022. The total value of the property was assessed at $225,721. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,437. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.