See Home Value
$313,082*
House - Off Market

2531 W THARPE

TALLAHASSEE, FL 32303
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2306 Sqft
$261,000 - $317,000
Reference Base Price*
8.16%
Since Feb 1, 2022
National-US
Primary Model
Sold Feb 27, 2024
$260,000
$260,000 by Equity Prime Mortgage Llc
Mortgage Due Mar 01, 2054

About This Property

This is a Great opportunity for a large house on 4.55 Acres with workshop with room to expand.    Large 2306 sq ft home on property with large workshop. Leased, but can be terminated with notice. Possibly rezone into commercial.

The manager has listed the unit size as 2306 square feet.
Unit Size
2,306Ft²
Days on Market
-
Land Size
4.55 acres
Price per sqft
$126
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Jan 9, 2022 No longer available -
No longer available
Nov 30, 2021 Price Decreased $289,450
↓ $550 (0.2%)
Price Decreased
Oct 16, 2021 Price Decreased $290,000
↓ $60K (17.1%)
Price Decreased
Feb 23, 2021 Relisted $350,000
Relisted
Mar 8, 2020 No longer available -
No longer available
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 198,198
  • Total Building Area: 2,578
  • Gross Building Area: 2,578
  • Building Area: 2,306
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,306
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLANTATION OF THE FLORIDA PECAN ENDOWMEN
  • Land Acres: 4.55
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLANTATION OF TALLAHASSEE PECAN CO 21 1N 1W 4.55 A PART OF LOT 10 & ALL OF LOT 15 OR 1219/1221

Ownership

  • Current Owner : REESE JEROME
  • Current Owner 2: BRADSHAW SHERRY
  • Previous Owner : PIPPENGER ALAN C
  • Previous Owner 2: PIPPENGER CAROLYN E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Leon County School District
  • Census Tract: 002105

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 004E72C8
  • Parcel: 21-21-51-010-137.0
  • Block: 10
  • Lot: 10,15
  • Meridian: SEC 21 TWN 1N RNG 1W
  • Municipality: CITY
  • Latitude: 30.4644
  • Longitude: -84.3345

    Address

  • Full Address: 2531 W Tharpe St
  • Address - House Number: 2531
  • Street Direction: W
  • Address - Street Name: Tharpe
  • Address - Suffix Type: St
  • State: FL
  • City Name: Tallahassee
  • Carrier Code: C089
  • 4-Digit Zip Code: 3307
  • Zip Code: 32303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,694
  • Tax Rate Code Area: CITY

    Appraisal Valuation

  • Standard Deviation: 0.1411
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 358,162
  • High Value: 408,701
  • Low Value: 307,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: EQUITY PRIME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 27, 2024
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $267,921
  • Market Land Value: $68,750
  • Market Improvement Value: $199,171

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $267,921
  • Assessed Land Value: $68,750
  • Assessed Improvements Value: $199,171

    Sales

  • Current Sale Contract Date: Feb 23, 2024
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Transaction ID: 11922531806
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10070

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY PRIME MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 27, 2024
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,433 ft²
$192/ft²
$275,000 Sep 28, 2022
-
-
House
4 Beds
2 Baths
1,465 ft²
$181/ft²
$265,000 Nov 25, 2022
-
-
House
3 Beds
2 Baths
2,010 ft²
$169/ft²
$339,900 Dec 22, 2022
-
-
Multifamily
4 Beds
3 Baths
1,998 ft²
$150/ft²
$299,900 Dec 14, 2022
-
$196/mo
House
3 Beds
2 Baths
1,786 ft²
$154/ft²
$275,000 Jul 9, 2022
-
-
House
3 Beds
2 Baths
1,276 ft²
$198/ft²
$253,000 Dec 3, 2022
-
-

About Tallahassee


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Frequently Asked Questions

When was property at 2531 West Tharpe Street built and last sold?
The property at 2531 West Tharpe Street was built in 1955 and last sold on Feb 23, 2024 for $260,000.
How much is this home worth?
The estimated value of the home located at 2531 West Tharpe Street is $292,345.
What are some comparable homes to 2531 West Tharpe Street?
There are currently no comparable homes to 2531 West Tharpe Street.

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