306 Lancaster

Active

306 Lancaster Drive, Tallahassee, FL 32304

$199,000
 for Sale at 306 Lancaster Drive, Tallahassee, FL 32304

10

 for Sale at 306 Lancaster Drive, Tallahassee, FL 32304
 for Sale at 306 Lancaster Drive, Tallahassee, FL 32304
 for Sale at 306 Lancaster Drive, Tallahassee, FL 32304
$199,000
3
Beds
2
Baths
Half Bath
1,223
Ft²
$163
$/ft²
0.25
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$977
Roof 2016, Vinyl Siding 2017, Renovated interior 2020(new fans, new outlets, new interior and exterior doors, new baseboard and floors, new counter,s renovated bathrooms)new exterior paint in 2023.  New garage door and 1 shutter being replaced now.  Tenant occupied until 7/31/23.

The manager has listed the unit size as 1223 square feet.

LISTING AGENT

Jason BooneColdwell Banker Hartung[email protected]

Building Info

Overview

This property was built in 1965.

General

  • Year Built

    1965
  • Actual Year Built

    1965
  • Building Count

    1
  • Total Rooms

    0.00
  • Bedroom Count

    3
  • Bathroom Count

    2.00
  • Full Bathrooms

    2.00
  • 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

    -
  • 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

    231.00
  • Parking Space Count

    0.00
  • Patio Type

    -
  • Porch Type

    -
  • Pool Type

    -

Dimensions

  • Lot Size Square Feet

    10,890
  • Lot Size Depth Feet

    0
  • Total Building Area

    1,223
  • Gross Building Area

    1,709
  • Building Area

    1,223
  • Building Area Source

    E

Heating

  • Fireplace Count

    0.00
  • Air Conditioning Type

    -
  • Heat Code

    -
  • Heated Square Feet

    1,223
  • Heating Fuel Type

    -

Codes

  • Sewer System

    -
  • Water Service Type

    -

Building

Building codes and types
  • Building Type

    -
  • Property Class ID

    -
  • Subdivision

    BRADFORD MANOR
  • Land Acres

    0.25
  • Standard Land Use Code

    -
  • County Land Use Code

    0100
  • State Land Use Code

    001
  • Legal Description 1

    BRADFORD MANOR UNIT 3 LOT 4 BLOCK I OR 870/1412 1947/1987 2106/592

Neighborhood

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

    Leon County School District
  • Census Tract

    002004

Geography

The property is located in zip code 32304.
  • Parcel

    21-34-26- I-004-0
  • Block

    I
  • Lot

    004
  • Meridian

    SEC 34 TWN 1N RNG 1W
  • Municipality

    INSIDE CITY
  • Latitude

    30.4374
  • Longitude

    -84.3266

Address

  • Full Address

    306 Lancaster Dr
  • Address - House Number

    306
  • Address - Street Name

    Lancaster
  • Address - Suffix Type

    Dr
  • State

    FL
  • City Name

    Tallahassee
  • Carrier Code

    C047
  • 4-Digit Zip Code

    3920
  • Zip Code

    32304

Valuation

The assessed value of this property is $101,451.
  • Timestamp

    Nov 01, 2021
  • UCID Flag

    C
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2021
  • Tax Amount

    $2,097
  • Tax Rate Code Area

    CITY

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $44,000

Market Valuation

  • Market Total Value

    $101,451
  • Market Land Value

    $18,000
  • Market Improvement Value

    $83,451

Appraisal Valuation

  • Valuation Date

    Oct 27, 2021
  • Confidence Score

    80
  • Final Value

    147,126
  • High Value

    170,485
  • Low Value

    123,767

Assessments Valuation

  • Assessed Year

    2020
  • Assessed Total Value

    $101,451
  • Assessed Land Value

    $18,000
  • Assessed Improvements Value

    $83,451

Sales

  • Current Sale Contract Date

    20190104
  • Current Sale Recording Date

    20190107
  • Current Sale Transaction ID

    11559636091
  • Current Sales Price

    $55,000
  • Current Sale Document Type

    -
  • Current Sale Input Book

    5272
  • Current Sale Input Document Number

    20190000978
  • Current Sale Input Page

    1661
  • Sale Date

    20010501
  • Previous Sale Contract Date

    20010425
  • Previous Sale Type of Sales Price

    -
  • Sale Amount

    $74,000
  • Previous Sale Document Type

    71

Mortgages

  • First Current Mortgage Lender

    THE FIRST NA
  • First Current Mortgage Transaction Date

    20190107
  • First Current Mortgage Loan Amount

    $44,000
  • First Current Mortgage Terms

    360
  • First Current Mortgage Loan Type

    -
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    THE FIRST NA
  • First Open Lien Mortgage Recording Date

    20190107
  • First Open Lien Mortgage Loan Amount

    $44,000
  • First Open Lien Mortgage Term

    360
  • First Open Lien Mortgage Position

    1
  • First Open Lien Mortgage Loan Type

    -
  • 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 Lender

    PINNACLE DIRECT FUNDING CORP
  • Previous Mortgage Transaction Date

    20010501
  • Previous Mortgage Financing Type

    -
  • Previous Mortgage Loan Amount

    $66,600
  • Previous Mortgage Term

    360

Building Features

Exterior

Brick ExteriorVinyl Siding

Parking

Carport

Home Features

Laundry

Dryer in UnitWasher in Unit

Appliances

OvenRefrigerator

Interior

Ceiling Fans

HVAC

Central A/CFurnace

Ownership

Price History

Date/EventEventPrice
Mar 19, 2023 Listed by Keller Williams Town and Country RealtyListed by Keller Williams Town and Country Realty$199,000
Jan 7, 2019 SoldSold$55,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$17,280
ExpensesPer Year
$0
Operating ProfitPer Year
$17,280
Cap rate
8.68%

Price Estimate

$231,000$201,642$172,286
20232024202520262027
Current Asking Price

$199,000

HopScore Market Price

$201,642

The current asking price is $2,642.78 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Active
House
3
1
964 ft²
$176/ft²
$170,000
Active
Townhouse
2
2
896 ft²
$178/ft²
$159,900

Payment Calculator



Neighborhood

About Tallahassee Southwest

Stats & Trends

The median asking price in Tallahassee Southwest is $250,000.
  • Median Asking

    $250,000
  • Sale Price/ft²

    $170.67
  • Below Asking

    0.01%
  • Days on Market

    42

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306 Lancaster Drive in Tallahassee, FL was first built in 1965 and is 58 years old. This has been categorized as a unknown property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms and unclear on the number of partial bathrooms. 306 Lancaster Drive has 1,223 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,890 square feet.

Interested in learning more about the property and building...

306 Lancaster Drive, Tallahassee, FL 32304


Frequently Asked Questions

What neighborhood is 306 Lancaster Drive located in?
The 306 Lancaster Drive is a located in the neighborhood of Tallahassee Southwest in Tallahassee, Tallahassee.
How many units are currently for sale in 306 Lancaster Drive?
306 Lancaster Drive 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 306 Lancaster Drive?
The average sales price for units in 306 Lancaster Drive is $199,000, or $163/sqft.
How long on average are units in 306 Lancaster Drive on the market?
Units in 306 Lancaster Drive are usually on the market for an average of 13 days with an average asking price of $199,000.

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