10 days on rocket

407 Wilson Ave Unit 2, Tallahassee, FL, 32303

$515,000

Home List Price

$6,116*

Closing Credit

0 Baths
2,686 SqFt
$192/SqFt
Multi

Location

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407 Wilson Ave Unit 2, Tallahassee$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingGarage, On Street
Year Built1950
HeatingHeat Pump, Central, Electric, Fireplace(s)
CoolingCentral Air, Electric, Heat Pump
FireplaceGas
MLS #378373
StatusActive

About 407 Wilson Ave Unit 2

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: TwoStory
  • Year Built: 1950
  • Living Area: 2,686 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Clay, Ceramic Tile, Vinyl, Wood
  • Fireplace: Gas

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Garage, On Street

Utilities

Utilities Information:

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

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: $192/SqFt
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Housing Market Comparison

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

Med. List Price

$190K

Med. Price/SqFt

$172

Avg. Days On Market

124

# of Sold Homes

1

407 Wilson Ave Unit 2 vs Tallahassee

10 DAYS ON ROCKET

-114 Days

$515,000

+$325K More

$192/SqFt

+$20 More

KEY TAKEAWAY

This property is $325K more than the Median List Price and $20/SqFt more than other homes in Tallahassee, FL.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: Tallahassee
  • MLS Number: #378373

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: 11/22/2024, 9:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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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NMLS#3030

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-570219
5
/10
  • Kate Sullivan Elementary School

  • 927 Miccosukee Rd

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-570220
3
/10
  • Ruediger Elementary School

  • 526 W 10th Ave

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-570221
3
/10
  • Hartsfield Elementary School

  • 1414 Chowkeebin Nene

  • 1.68 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,783. Typical income of Tallahassee, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesFloridaLeon CountyTallahassee32303407 Wilson Ave Unit 2

This home is located at 407 Wilson Ave Unit 2 in Tallahassee, FL and zip code 32303. This 2,686 square foot home was built in 1950. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $515,000.

While the average time on the market in October 2024 was 124 days, the median list price was $190,000.

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

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