For SaleRisky Deal8 days on market
2640 Manassas Way
2640 Manassas Way, Tallahassee, FL 32312, Tallahassee, FL 32312
$474,900
Listing Price
2640 Manassas Way, Tallahassee, FL 32312
Loc: Tallahassee, FL
Days Listed
8
Tax Assessed
$393k
Lot Size
8,712 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Hawks Rise Elementary School
PK-5
2.6 mi away
9
Deerlake Middle School
6-8
4.4 mi away
7
Lawton Chiles High School
9-12
2.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence2011Central, Electric, Fireplace(s), Heat PumpCentral Air, Ceiling Fan(s), Electric2 Garage spaces$235 annually8,712 sqft9 Days$231
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.98%
Total ROI
88.9%
Cash Flow
$-97/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-97/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Tallahassee
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $474,900 | $231 |
| 2021-07-15 | Sold | $425,000 | $207 |
| 2021-06-22 | Contingent | $435,000 | $212 |
| 2021-06-08 | Price change | $435,000 | $212 |
| 2021-05-20 | Listed for sale | $399,000 | $194 |
| 2021-03-24 | Listing removed | $0 | – |
| 2020-06-22 | Listing removed | $369,000 | $180 |
| 2019-10-25 | Price change | $369,000 | $180 |
| 2019-10-15 | Price change | $372,000 | $181 |
| 2019-10-08 | Price change | $373,300 | $182 |
| 2019-10-05 | Price change | $375,000 | $183 |
| 2019-09-15 | Price change | $375,500 | $183 |
| 2019-08-15 | Listed for sale | $379,900 | $185 |
| 2018-10-09 | Sold | $344,900 | $168 |
| 2011-11-15 | Listing removed | $269,900 | $132 |
| 2011-06-18 | Listed for sale | $269,900 | $132 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,435.2 | $378,597 |
| 2024 | $6,250.85 | $367,927 |
| 2023 | $6,080.99 | $357,211 |
| 2022 | $5,711.77 | $346,807 |
| 2021 | $4,635.94 | $283,868 |
| 2020 | $4,497.06 | $279,949 |
| 2019 | $4,437.73 | $274,104 |
| 2018 | $4,437.73 | $271,398 |
| 2017 | $5,235.59 | $261,224 |
| 2016 | $4,573.65 | $251,743 |
| 2015 | $4,573.65 | $244,362 |
| 2014 | $4,573.65 | $229,401 |
| 2013 | $0 | $222,542 |
| 2012 | $0 | $215,636 |
| 2011 | $0 | $50,000 |
| 2010 | $0 | $50,000 |
| 2009 | $0 | $60,000 |
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