NOT LISTED FOR SALE

101 Kaiser St Bremen, GA 30110

Estimated Value: $2,192,427

-- Bed
-- Bath
-- Sq Ft
6.08 Acres

Last Sold May 22, 2020

Last sale price $1,375,000

Est. 59% increase in value since last sale

Current estimated payment $12,743/month

Highlights

  • 6.08 Acre Lot
  • Rural View
  • Accessible Electrical and Environmental Controls
  • Jones Elementary School Rated A
  • Accessible Bedroom
  • Property is near schools

About This Home

As of May 2020

5 Leased Quadplexs (20 Units) on 6.08 Acres of Land. All units are 2 Beds and 1 Bath. 1,128 sqft per unit. Room for potentially 5-6 more quads (20-24 more units). 2002 Construction. All units in excellent shape. Bremen City Schools are qualified as one of the top school systems in the state of Ga. All units rent for 850-950 per month. Rent includes all utilities, trash, and cable. Excellent Income Property with room to grow. These units were designed to be an assisted living community Currently used as Apts. Baths are large and all units are on one level. No covenants

Last Agent to Sell the Property

Allen Rodi

Keller Williams Realty Peachtree Rd. License #365224 Listed on: 02/05/2020

Keller Williams Realty Peachtree Rd.

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,777

Year Built

  • Built in 2002

Lot Details

  • 6.08 Acre Lot
  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Rural Views

Parking

  • 2 Parking Spaces
  • Carport
  • Varies By Unit
  • Driveway Level
  • Paved Parking

Accessible Home Design

  • Accessible Bedroom
  • Accessible Electrical and Environmental Controls

Location

  • In Flood Plain
  • Property is near schools
  • Property is near shops

Schools

  • Jones - Haralson Elementary School
  • Bremen Middle School
  • Bremen High School

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • 20 Units
  • Comm Bremen Northwest Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number BR13 0023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,777

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 2002
  • Accessibility Features: Accessible Bedroom, Accessible Electrical and Environmental Controls
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition, Metal
  • View: Rural

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Carport, Driveway, Level Driveway, Paved, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping
  • Subdivision Complex: Comm Bremen Northwest Acres

Fee Information

  • Annual Expenses: 84787

Lot Info

  • Acres: 6.0800
  • Lot Features: Flood Plain, Level, Sloped
  • Lot Dimensions: x
  • Parcel Number: BR13 0023
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 12777.00
  • Tax Year: 2019

Multi Family

  • Number Of Units Total: 20

MLS Schools

  • Elementary School: Jones - Haralson
  • High School: Bremen
  • Middle School: Bremen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
May 22, 2020
Sold by
Efficiency Lodge Inc
Bought by
Guerdie Bremen Llc
Seller's Agent
Allen Rodi
Keller Williams Realty Peachtree Rd.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$1,500,000
Sold Price
$1,375,000
Premium/Discount to List
-$125,000
-8.33%
Current Estimated Value
$2,192,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,427
Avg. Annual Appreciation
8.92%
Original Mortgage
$1,100,000
Outstanding Balance
$212,731
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$1,979,696

Purchase Details

Closed on
Apr 12, 2013
Sold by
Sewell Sharon
Bought by
Efficiency Lodge Inc

Purchase Details

Closed on
Oct 16, 2001
Sold by
Sewell Sara H
Bought by
Sewell Sharon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guerdie Bremen Llc $1,375,000 --
Efficiency Lodge Inc $1,050,000 --
Sewell Sharon -- --
Sewell Sara H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerdie Bremen Llc $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $1,375,000 -8.3% --
04/06/2020 04/06/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $1,500,000 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,529 $517,366 $19,824 $497,542
2023 $15,653 $520,696 $25,424 $495,272
2022 $5,021 $520,696 $25,424 $495,272
2021 $5,259 $520,696 $25,424 $495,272
2020 $5,286 $520,696 $25,424 $495,272
2019 $4,248 $404,560 $25,424 $379,136
2018 $4,305 $404,560 $25,424 $379,136
2017 $4,790 $404,560 $25,424 $379,136
2016 $5,025 $404,560 $25,424 $379,136
2015 $4,959 $397,659 $18,523 $379,136
2014 $5,309 $397,659 $18,523 $379,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6676921

First Multiple Listing Service (FMLS)

APN: BR13-0023