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3408 Treaty Oak Trl
Score
0
Tallahassee, FL

3408 Treaty Oak Trl

274K
2 bd • 2 ba • 1,259 sf

This analysis was generated on 3/7/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$274,000

Price/Sq.Ft

$218

Year Built

1987

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Updated Laminate Flooring: Provides a modern look and is easy to maintain, adding approximately $3,000 in value. • Granite Countertops in Bathrooms: Adds a touch of luxury and durability, increasing value by around $2,000 per bathroom. • Stainless Steel Appliances: Modern appliances improve kitchen functionality and aesthetics, adding about $2,500 in value. • Updated Laminate Flooring • Granite Countertops in Bathrooms • Stainless Steel Appliances • Vaulted Ceilings in Living Area • Price Position: At $217.63/sqft, the property is in line with the average price per square foot in 32312 ($218/sqft). • Appreciation Trend: Need historical data for Killearn Lakes specifically to assess long-term appreciation trends; 32312 overall shows an 8.7% decrease YoY. • Rental Income: $1,530/month with 90% occupancy (0.1% cap rate) • Schools: The presence of highly-rated schools (Killearn Lakes Elementary and Deerlake Middle School) adds an estimated 5-7% premium to property values compared to areas with lower-rated schools. Lawton Chiles High School also contributes positively. • Future Development: Bannerman Crossing, close to the property, offers a variety of dining and shopping options. No specific large-scale developments are planned in immediate vicinity that would negatively impact property value. • The living area and dining area have good natural light due to the large windows. The kitchen has limited natural light. Bedrooms have adequate light. • The layout is functional with a good flow between the living area, dining, and kitchen. The hallway is a bit narrow. The backyard is accessible through the living room.
Updated Laminate Flooring

Updated Laminate Flooring

Provides a modern look and is easy to maintain, adding approximately $3,000 in value.

Granite Countertops in Bathrooms

Granite Countertops in Bathrooms

Adds a touch of luxury and durability, increasing value by around $2,000 per bathroom.

Stainless Steel Appliances

Stainless Steel Appliances

Modern appliances improve kitchen functionality and aesthetics, adding about $2,500 in value.

The Bad

• Wallpaper Removal and Painting (HIGH priority): $3,500 • Kitchen Cabinet Refacing or Replacement (MEDIUM priority): $8,000 • Fireplace Update (Tile and Mantel) (LOW priority): $1,500 • Moderate fire risk (4/10) and extreme wind risk (9/10) necessitate comprehensive insurance coverage. • Heat risk (8/10) may require increased utility costs for cooling during peak summer months. • Potential for interest rate fluctuations could impact affordability and buyer demand. • The living area and dining area have good natural light due to the large windows. The kitchen has limited natural light. Bedrooms have adequate light.

The Ugly

• Climate Risk: While flood risk is minimal (Zone X), wind risk is extreme, suggesting potentially high insurance premiums. Fire risk is moderate, so insurance is recommended. Expect to pay between $1,800-$2,500 annually for comprehensive coverage, depending on specific policy details.
Dated Wallpaper

Dated Wallpaper

The wallpaper throughout the hallway and bathrooms is dated and detracts from the property's appeal.

Outdated Kitchen Cabinets

Outdated Kitchen Cabinets

The kitchen cabinets are outdated in color and style.

Outdated Fireplace

Outdated Fireplace

The fireplace has an outdated tile surround and mantel.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $18,360 with 90% occupancy rate Value Investors: Projected 15.0% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $13,000 in strategic upgrades could significantly increase property value

Not For

Risk-averse buyers: Property faces significant climate-related insurance costs and risks
Demographics
Area Median Income

$107,615

Property History

Price History
Ownership Timeline
$202,500Financed
Dec 23, 2024
Cassandra G HarbinPink Porch Llc
Warranty Deed
Standard Sale (Purchase/Resales)

Property Taxes

$1,699
2024 Tax Assessment
22.1%from previous year
Assessed Value$117,152
Tax Rate1.45%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

8.0/10
Excellent

Middle

8.0/10
Excellent

High

7.0/10
Good

Financials

Monthly Costs
Market Rent (2 bed)

$1,530

Get a detailed estimate on Zillow
HOA Fee

$10

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$274,000
Price/sqft
$218
Layout
2 bd2 ba
Days on market
2 daysat time of analysis

Stats in the Area

Based on 5 comparable properties nearby

Average Price

$307,300

10.8%

Your price is 10.8% below average

Median Price

$309,000

11.3%

Based on 5 recent sales

Price per Sq.Ft

$235

7.4%

Your price is 7.4% below average $/sqft

Comparable Properties

7132 Towner Trace, Tallahassee, FL 32312
Price: $275,000
Sq.Ft: 1,217
Beds/Baths: 3/2
$/Sq.Ft:
$2263.8%
Sale Date: 1/30/2025
3517 Larkspur Lane, Tallahassee, FL 32312
Price: $325,000
Sq.Ft: 1,355
Beds/Baths: 3/2
$/Sq.Ft:
$24010.2%
Sale Date: 11/14/2024
7729 N Briarcreek Road, Tallahassee, FL 32312
Price: $309,000
Sq.Ft: 1,448
Beds/Baths: 3/2
$/Sq.Ft:
$2131.9%
Sale Date: 11/15/2024
3512 Cherokee Ridge Trail, Tallahassee, FL 32312
Price: $328,000
Sq.Ft: 1,440
Beds/Baths: 3/2
$/Sq.Ft:
$2284.7%
Sale Date: 10/23/2024
8113 HOLLY RIDGE Trail, Tallahassee, FL 32312
Price: $299,500
Sq.Ft: 1,114
Beds/Baths: 3/2
$/Sq.Ft:
$26923.5%
Sale Date: 9/13/2024

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