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5011 Center Drive

5011 Center Drive, Tallahassee, FL 32305
Multifamily in Southwest Leon
Sold Mar 30, 2021
$207,000
$165,600 by Capital City Bank
Mortgage Due Apr 05, 2031
Sold Jul 15, 2003
$68,100
$503,500 by Farmers & Merchants Bk
Mortgage
Local assessors in Tallahassee, FL have categorized 5011 Center Drive as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 42,253 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. 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. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5011 Center Drive has a total of 3,400 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a wood truss style roof that was made of metal. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5011 Center Drive was last sold in Mar 25, 2021 for $207,000. According to our calculations, that's $47.05 per sqft. Prior to that sales transaction, the property was sold for $68,100 in Jul 11, 2003. Current property owners are expected to pay $2,523 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 5011 Center Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $144,596. To break that down further, the land itself was valued at $22,000. While improvements to the property were assessed at a total of $122,596. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Assigned Parking
Unassigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Building Quality: C
  • Building Style: Multifamily
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,253
  • Total Building Area: 4,400
  • Gross Building Area: 4,400
  • Building Area: 3,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YONS LAKESIDE ESTATES
  • Land Acres: 0.97
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: YONS LAKESIDE ESTATES LOT 6 BLOCK A OR 994/944 2078/1576

Ownership

  • Current Owner : WELL NATHAN
  • Current Owner 2: WELL HOLLY
  • Previous Owner : PRIMROSE POWELL INVESTMENTS LLC
  • Owner Before Previous Owner: BROWN JOHN PAUL
  • Owner Before Previous Owner 2: BROWN JOHN P

Neighborhood

  • School District Name: Leon County School District
  • Census Tract: 002701

Zoning

  • Zoning: RP

Geography

  • Assessors Map Reference: 004F0CA1
  • Parcel: 41-26-79-00A-006.0
  • Block: A
  • Lot: 6
  • Meridian: SEC 26 TWN 1S RNG 1W
  • Municipality: COUNTY
  • Latitude: 30.3746
  • Longitude: -84.2953

    Address

  • Full Address: 5011 Center Dr
  • Address - House Number: 5011
  • Address - Street Name: Center
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Tallahassee
  • Carrier Code: C055
  • 4-Digit Zip Code: 7609
  • Zip Code: 32305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,523
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: COUNTY

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 9
  • Final Value: 167,284
  • High Value: 243,248
  • Low Value: 91,319

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,600
  • First Open Lien Mortgage Lender: CAPITAL CITY BANK
  • First Open Lien Mortgage Recording Date: Mar 30, 2021
  • First Open Lien Mortgage Loan Amount: $165,600
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2031

    Market Valuation

  • Market Total Value: $144,596
  • Market Land Value: $22,000
  • Market Improvement Value: $122,596

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $144,596
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $122,596

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Transaction ID: 11829104076
  • Current Sale Price: $207,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210021380
  • Previous Sale Recording Date: Jul 15, 2003
  • Previous Sale Contract Date: Jul 11, 2003
  • Previous Sale Amount: $68,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL CITY BANK
  • First Mortgage Transaction Date: Mar 30, 2021
  • First Mortgage Loan Amount: $165,600
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Apr 05, 2031

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS BK
  • Previous Mortgage Transaction Date: Jul 15, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $503,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Leon



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Frequently Asked Questions

What neighborhood is 5011 Center Drive located in?
The 5011 Center Drive is a multifamily located in the neighborhood of Southwest Leon in Leon, Tallahassee.
What is the average sales price for listings in 5011 Center Drive?
The average sales price for units in 5011 Center Drive is $0 currently.

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