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407 Wilson Ave, Tallahassee, FL, 32303

$515,000

Home List Price

$6,116*

Closing Credit

4 Bedrooms
3 Full Baths
2,868 SqFt
$180/SqFt
House

Location

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407 Wilson Ave, Tallahassee$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage1 space
Year Built1950
HeatingCentral, Electric, Fireplace(s), Heat Pump
CoolingCentral Air, Ceiling Fan(s), Electric
FireplaceGas
ViewNone
MLS #377905
Lot Size0.25 Acres
StatusAccepting Backup Offers
(Contingent)

About 407 Wilson Ave

Charming home in a prime mid-town location with extensive upgrades and lucrative rental income. Welcome to this beautifully updated all-brick home, perfectly situated in the heart of mid-town. This residence has undergone significant renovations, blending modern comforts with classic charm, and presents an excellent investment opportunity with substantial rental income potential. The main home (2,120 sq ft) provides steady rental revenue, while the lower level (748 sq ft) has been successfully operated as an AirBnB, adding an additional income stream. Or live in the main home and rent the downstairs to offset your mortgage payment. Key Features and Improvements: New roof, New electrical + can lights throughout, Fully renovated bathrooms, Fully renovated kitchens, New appliances, Replaced wood floors (portion) and refinished wood floors (all) upstairs, Installed new floors in bathrooms, laundry room, and “sunroom” upstairs, Installed new floors throughout downstairs, Split upstairs utility room into separate laundry room and “sunroom”, Installed wood paneling upstairs (portion) and reworked built-in cabinets, Installed new drywall throughout downstairs, New hot water heater (downstairs), Replaced doors and trim throughout, Replaced windowsill trim throughout, Installed blinds throughout, Painted all surfaces throughout, Removed existing and installed new fence, Removed existing and installed new landscaping, Significant exterior demo- removed metal awning, decrepit shed, decrepit playset.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1950
  • Living Area: 2,868 SqFt

Listing Office:

  • Office Name: The Naumann Group Real Estate
  • Office Phone: (850) 325-1681

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Fireplace(s), Heat Pump
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Miccosukee to Wilson, Corner of Meridian & Wilson Ave. Or take Gadsden to Brevard, left on Meridian

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $180/SqFt

Tax Information:

  • Annual Amount: $2,746
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tallahassee, FL.

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Tallahassee, FL

City

Med. Sold Price

$300K

Med. Price/SqFt

$195

Avg. Days On Market

59

# of Sold Homes

180

407 Wilson Ave vs Tallahassee

40 DAYS ON ROCKET

-19 Days

$515,000

+$214.9K More

$180/SqFt

-$16 Less

KEY TAKEAWAY

This property is $214.9K more than the Median Sold Price and $16/SqFt less than other homes in Tallahassee, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tallahassee
  • MLS Number: #377905

Listing Office:

  • Office Name: The Naumann Group Real Estate
  • Office Phone: (850) 325-1681

© 2024 Tallahassee Board of REALTORS®, Inc. All rights reserved.

The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:16:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,746$187,323
2019$2,676$181,931
2018$2,598$176,491
2017$2,269$148,498

History based on county public records data.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1034758
5
/10

  • Kate Sullivan Elementary School

  • 927 Miccosukee Rd

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-1034759
3
/10

  • Ruediger Elementary School

  • 526 W 10th Ave

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-1034760
3
/10

  • Hartsfield Elementary School

  • 1414 Chowkeebin Nene

  • 1.68 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,783. Most Tallahassee, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 Wilson Ave

What is the listing price of this property?

The listing price of 407 Wilson Ave property is $515,000.

What type of property is this?

The property 407 Wilson Ave is a house located in Tallahassee, Florida, 32303.

Is this property for sale now?

Accepting Backup Offers: 407 Wilson Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,746 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 407 Wilson Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 407 Wilson Ave is 2,868 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 Wilson Ave is 1950.

Rocket Homes›Florida›Leon County›Tallahassee›32303›407 Wilson Ave

This home is located at 407 Wilson Ave in Tallahassee, FL and zip code 32303. This 2,868 square foot home, which was built in 1950, sits on a 0.25 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $515,000.

Tallahassee, FL housing market in November 2024 saw over 34 listings sold above listed price, more than 42 sold at listed price and over 104 sold below. The number of homes for sale in Tallahassee, FL increased by 6.9% between October 2024 and November 2024. In November 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $300,089.

From Rocket Homes Real Estate and based on county public records data.

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