NOT LISTED FOR SALE

Estimated Value: $375,000 - $417,000

4 Beds
2 Baths
-- Sq Ft
0.92 Acres

Last Sold July 03, 2024

Last sale price $390,000

Est. 3% increase in value since last sale

Current estimated payment $2,475/month

6 Days on Market

Highlights

  • 0.92 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of July 2024

Don't regret passing on this deal in a few years. If you've read any news lately, you know Macon is growing and getting in now is like buying in Atlanta during the crash. This property has great, long term tenants in place and is professionally managed by Heritage Property Management. Turnkey and cash flowing! There is plenty of demand for affordable housing, but the market rent on these units is $925/mo if upgraded. Located on a single plat (just under 1 acre) near downtown and Mercer University.

Last Agent to Sell the Property

Patrick Peyer

Keller Williams Realty License #266568 Listed on: 06/21/2024

Keller Williams Realty

Last Buyer's Agent

Wanda Britton

Premier Real Estate and Investments License #317090

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,159

Year Built

  • Built in 1951

Lot Details

  • 0.92

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Parking

  • 16 Parking Spaces
  • Off-Street Parking

Schools

  • Williams Elementary School
  • Miller Magnet Middle School
  • Central High School

Additional Features

  • 1-Story Property
  • 0.92 Acre Lot

Community Details

  • No Home Owners Association
  • 8 Units
  • Napier Subdivision

Listing and Financial Details

  • The owner pays for garbage

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,159

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1951
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .92
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 16

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Williams
  • High School: Central
  • Middle School: Miller Magnet
  • Elementary School: Williams
  • Middle School: Miller Magnet
  • High School: Central

Rental Info

  • Owner Pays: Garbage

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3159

Multi Family

  • NumberOfUnitsTotal: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
May 17, 2024
Sold by
Abjj Investments Llc
Bought by
Lippizaner Stallion Llc
Seller's Agent
Patrick Peyer
Keller Williams Realty
Buyer's Agent
Wanda Britton
Premier Real Estate and Investments
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Views
11
Current Estimated Value
$400,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,821
Avg. Annual Appreciation
2.75%
Original Mortgage
$195,000
Outstanding Balance
$193,221
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$207,600

Purchase Details

Closed on
Nov 15, 2023
Sold by
Landed In Butter Llc
Bought by
Abjj Investments Llc

Purchase Details

Closed on
Jun 29, 2021
Sold by
Macon Bacon Llc
Bought by
Landed In Butter Llc

Purchase Details

Closed on
Jul 7, 2006
Sold by
Hogg Evelyn D
Bought by
Hogg Evelyn D

Purchase Details

Closed on
Sep 10, 2003

Purchase Details

Closed on
Sep 20, 1999
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lippizaner Stallion Llc $390,000 None Listed On Document
Abjj Investments Llc $309,050 None Listed On Document
Landed In Butter Llc $247,000 None Available
Hogg Evelyn D -- None Avelable
-- $142,000 --
-- $63,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippizaner Stallion Llc $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $390,000 -2.5% --
06/27/2024 06/27/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $400,000 -- --
Source: Georgia MLS

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 $3,140 $133,440 $6,360 $127,080
2023 $3,684 $124,374 $4,560 $119,814
2022 $3,354 $96,875 $10,720 $86,155
2021 $2,157 $56,775 $6,968 $49,807
2020 $2,204 $56,775 $6,968 $49,807
2019 $1,148 $29,332 $4,646 $24,686
2018 $1,758 $29,332 $4,646 $24,686
2017 $1,099 $29,332 $4,646 $24,686
2016 $1,015 $29,331 $4,646 $24,686
2015 $1,436 $29,331 $4,646 $24,686
2014 $1,652 $29,331 $4,646 $24,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10323678

Georgia MLS

APN: O074-0328