Investor Special: This charming 2-bedroom, 1-bath home is now available for sale, offering a fantastic investment opportunity. The property comes with the advantage of long-term tenants who express interest in continuing their occupancy, ensuring a steady rental income stream. The house boasts a new roof, providing added durability and value. Although some TLC is required to unleash its full potential, this property has a solid foundation and great potential for a rewarding investment. Should the tenants need to vacate, the seller kindly requests a 30-day grace period after closing to facilitate a smooth transition. Don't miss out on this promising deal!
Sold for $70,000
$70,000
508 Wallis St, Tallahassee, FL 32301
2beds
768sqft
Single Family Residence
Built in 1959
4,356 Square Feet Lot
$89,700 Zestimate®
$91/sqft
$1,266 Estimated rent
Home value
$89,700
$74,000 - $107,000
$1,266/mo
Zestimate® history
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List your homeWhat's special
New roof
Zillow last checked:
Listing updated:
Listed by:
Tiffany Smith 850-766-5757,
LPT Realty
Bought with:
Mariela Bartens, 3070309
Coldwell Banker Hartung
Source: TBR,MLS#: 361307
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Dimensions: 12x10
Bedroom 2
- Dimensions: 12x9
Dining room
- Dimensions: 0
Family room
- Dimensions: 0
Kitchen
- Dimensions: 8x3
Living room
- Dimensions: 14x14
Cooling
- Central Air
Features
- Has fireplace: No
Interior area
- Total structure area: 768
- Total interior livable area: 768 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Size: 4,356 Square Feet
- Dimensions: 50 x 85 x 50 x 85
Details
- Parcel number: 12073310745 B0040
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story,Traditional
- Property subtype: Single Family Residence
Materials
- Block, Concrete
Condition
- Year built: 1959
Community & HOA
Community
- Subdivision: Golf Drive Manor
Location
- Region: Tallahassee
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $68,236
- Annual tax amount: $1,311
- Date on market: 7/17/2023
- Cumulative days on market: 10 days
- Listing terms: Cash,Conventional,Rehab Financing
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2023 | Sold | $70,000-16.2%$91/sqft |
Source:  TBR #361307 Report a problem | ||
| 7/27/2023 | Contingent | $83,500$109/sqft |
Source: TBR #361307 Report a problem | ||
| 7/18/2023 | Listed for sale | $83,500+178.3%$109/sqft |
Source: TBR #361307 Report a problem | ||
| 11/22/2000 | Sold | $30,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,311 +3.1% | $68,236 +3.3% |
| 2024 | $1,271 +19.3% | $66,063 +20% |
| 2023 | $1,065 +11.2% | $55,056 +8% |
| 2022 | $958 +7.7% | $50,994 +10% |
| 2021 | $890 +7.4% | $46,358 +5.8% |
| 2020 | $829 +3% | $43,835 +4.1% |
| 2019 | $805 | $42,119 +9.1% |
| 2018 | $805 +8.1% | $38,610 +6.7% |
| 2017 | $745 -0.3% | $36,187 +1.2% |
| 2016 | $747 | $35,741 +4.1% |
| 2015 | $747 +7.7% | $34,320 -1.4% |
| 2014 | $694 | $34,795 +3.8% |
| 2013 | -- | $33,509 -0.5% |
| 2012 | -- | $33,679 -26.5% |
| 2011 | -- | $45,810 -4.2% |
| 2010 | -- | $47,828 -1% |
| 2009 | -- | $48,319 |
| 2008 | -- | -- |
| 2007 | -- | $52,975 +9.8% |
| 2006 | -- | $48,241 +32% |
| 2005 | -- | $36,550 |
| 2004 | -- | $36,550 +13% |
| 2003 | -- | $32,357 +10.6% |
| 2002 | -- | $29,254 |
Find assessor info on the county website
Neighborhood: South City
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Nearby schools
GreatSchools rating
- 5/10Bond Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 6/10Elizabeth Cobb Middle SchoolGrades: 6-8Distance: 2.4 mi
- 3/10James Rickards High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: BOND
- Middle: COBB
- High: RICKARDS
Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$89,700
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$91,494
- Florida
- Leon County
- Tallahassee
- 32301
- South City
- 508 Wallis St
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