NOT LISTED FOR SALE

110-266 Lavender Lakes Dr Athens, GA 30606

Estimated Value: $209,000 - $264,000

-- Bed
4 Baths
-- Sq Ft
30 Acres

Last Sold March 21, 2016

Last sale price $2,059,000

Current estimated payment $1,496/month

417 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Carpet
  • Clarke Central High School Rated A-
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2016

30+/- Acre parcel with 29 all brick duplex buildings. 58 apartments comprised of 1/1, 2/2 and 3/2 units. Priced well below replacement cost.

Last Agent to Sell the Property

Jan Goggans

Classic Team Realty License #295954 Listed on: 12/30/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1996

Lot Details

  • 30

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Whitehead Road Elementary School
  • Burney-Harris-Lyons Middle School
  • Clarke Central High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 58 Units

Listing and Financial Details

  • Assessor Parcel Number 061d1A001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,365

Year Built

Built in 1996

Lot Details

0

Listing Details

  • GarageYN: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1996
  • Subdivision Name: No Recorded Subdivision
  • Architectural Style: Traditional
  • Reso Flooring: Carpet, Other, Vinyl
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Stories: 1

Exterior Features

  • Acres: 30.0
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2.0

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Middle Or Junior School: Burney-Harris-Lyons

Lot Info

  • Lot Size Area: 30.0
  • Parcel Number: 061d1A001
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 58
  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Whitehead Road Elementary
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2014
Closed on
Mar 21, 2016
Sold by
Kemp Properties Llc
Bought by
Bomac Enterprises Llc
Seller's Agent
Jan Goggans
Classic Team Realty
List Price
$2,459,000
Sold Price
$2,059,000
Premium/Discount to List
-$400,000
-16.27%
Current Estimated Value
$244,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,814,849
Avg. Annual Appreciation
-19.99%
Original Mortgage
$1,596,840
Outstanding Balance
$94,410
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$149,741

Purchase Details

Closed on
May 17, 1996
Sold by
Kemp Brian P
Bought by
Kemp Properties Llc
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
Bomac Enterprises Llc $2,059,000 --
Kemp Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bomac Enterprises Llc $1,596,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2016 03/21/16 Sold $2,059,000 -16.3% --
02/20/2016 02/20/16 Pending -- -- --
12/30/2014 12/30/14 For Sale $2,459,000 -- --
Source: Savannah Multi-List Corporation

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 $2,365 $76,159 $12,000 $64,159
2023 $2,380 $76,159 $12,000 $64,159
2022 $1,501 $47,064 $8,000 $39,064
2021 $1,586 $47,064 $8,000 $39,064
2020 $1,586 $47,064 $8,000 $39,064
2019 $1,354 $44,816 $8,000 $36,816
2018 $1,067 $31,424 $6,400 $25,024
2017 $910 $31,745 $6,400 $25,345
2016 $1,098 $32,335 $6,400 $25,935
2015 $1,017 $29,901 $6,400 $23,501
2014 $1,003 $29,456 $6,400 $23,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM944469

Savannah Multi-List Corporation

APN: 061D1-A-001