NOT LISTED FOR SALE

109 Creekside Dr NW Calhoun, GA 30701

Estimated Value: $350,000 - $546,191

4 Beds
4 Baths
1,100 Sq Ft
$440/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $509,000 $463 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,925/month

12 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Calhoun Middle School Rated A-
  • Ceiling Fan

About This Home

As of September 2023

This quadplex is being presented in Calhoun, GA with the ability to purchase the second building, also listed for sale, in an adjoining purchase. Individually or in concert, they promise to elevate your investment portfolio. Presented as two meticulously maintained quadplex buildings located in the heart of Calhoun, you'll find a secure and turnkey income-producing asset that stands out from the crowd. Both buildings boast strong rental history and a reputation for attracting top-quality tenants. Each have undergone extensive renovations, ensuring that you step into a worry-free investment with minimal capital expenditure and repair costs. From modernized interiors to enhanced curb appeal, these buildings radiate pride of ownership. We can speak extensively on the exceptional nature of the tenant quality here. These excellent occupants contribute to a robust and consistent rental income, presenting you with strong year-over-year financial projections. The current owner is committed to transparency. Upon request, comprehensive financials and any necessary documentation will be provided, offering you a clear picture of the property's financial health. As the units are tenant occupied, you will have the opportunity to explore the property's interior, ensuring complete satisfaction before finalizing the deal, but only once agreement has been reached and the due diligence period has begun. See GAMLS 10191242 for second property listing.

Last Agent to Sell the Property

Mark McMinn

Sperry Brokerage Services License #376444 Listed on: 08/11/2023

Last Buyer's Agent

Anthonia Fregene

Maximum One Community Realty License #409171

Maximum One Community Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 2006

Lot Details

  • 0.25 Acre Lot

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Parking

  • 6 Parking Spaces
  • Parking Pad

Schools

  • Calhoun City Elementary And Middle School
  • Calhoun City High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for electricity, garbage, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,877

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2006
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .25
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Price Per Square Foot: 2036000

Exterior Features

  • Construction Materials: Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 6

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • 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: Calhoun City
  • High School: Calhoun City
  • Middle School: Calhoun City
  • Elementary School: Calhoun City
  • Middle School: Calhoun City
  • High School: Calhoun City

Rental Info

  • Owner Pays: Electricity, Garbage, Sewer, Water

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2877

Multi Family

  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 6, 2023
Sold by
Creekside Drive Rentals Llc
Bought by
Patel Kaushal and Patel Tejal
Seller's Agent
Mark McMinn
Sperry Brokerage Services
Buyer's Agent
Anthonia Fregene
Maximum One Community Realty
List Price
$515,000
Sold Price
$509,000
Premium/Discount to List
-$6,000
-1.17%
Views
39
Current Estimated Value
$484,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,702
Avg. Annual Appreciation
3.34%
Original Mortgage
$494,871
Outstanding Balance
$486,659
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$57,073

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 22, 2023
Sold by
Creekside Drive Rentals Llc
Bought by
Fregene Emmanuel
Seller's Agent
Mark McMinn
Sperry Brokerage Services
Buyer's Agent
Anthonia Fregene
Maximum One Community Realty
List Price
$515,000
Sold Price
$509,000
Premium/Discount to List
-$6,000
-1.17%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,871
Outstanding Balance
$486,659
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$57,073

Purchase Details

Closed on
Dec 3, 2020
Sold by
Norwood John D
Bought by
Creekside Drive Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2007
Sold by
Booner Gregory A
Bought by
Norwood John D and Norwood Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
6.16%

Purchase Details

Closed on
Apr 11, 2006
Sold by
Turon Development Inc
Bought by
Bonner Gregory A
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
Patel Kaushal $515,000 --
Fregene Emmanuel $509,000 --
Creekside Drive Rentals Llc $250,000 --
Norwood John D $242,000 --
Bonner Gregory A $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fregene Emmanuel $494,871
Previous Owner Creekside Drive Rentals Llc $210,000
Previous Owner Norwood John D $193,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $509,000 -1.2% $463 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $515,000 -- $468 / Sq Ft
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 $4,407 $156,760 $2,000 $154,760
2023 $2,729 $97,080 $2,000 $95,080
2022 $934 $98,160 $2,000 $96,160
2021 $2,977 $100,360 $2,000 $98,360
2020 $2,149 $71,600 $2,000 $69,600
2019 $2,145 $71,600 $2,000 $69,600
2018 $571 $59,240 $4,400 $54,840
2017 $582 $59,240 $4,400 $54,840
2016 $584 $59,240 $4,400 $54,840
2015 $591 $59,240 $4,400 $54,840
2014 $546 $55,416 $4,400 $51,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10191216

Georgia MLS

APN: C33-096