NOT LISTED FOR SALE

Estimated Value: $262,000 - $312,110

-- Bed
4 Baths
2,005 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $239,900 $120 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,738/month

21 Days on Market

Highlights

  • 0.56 Acre Lot
  • Screened Porch
  • Central Heating
  • No HOA
  • Cooling Available
  • Level Lot

About This Home

As of August 2022

Don't miss this opportunity to pick up a 100% leased, income-producing duplex in Athens' Park East neighborhood! One unit is month-to-month and the other unit is leased through January 2023 with combined gross monthly income of $1,700. This provides an immediate opportunity to raise rent and add value. Asking rents for 2-bedroom units in the area are up to $1,200 per month. Solid, four-sided brick construction located on the end of a cul-de-sac. One side has been recently updated with new vinyl flooring and new faucets in the bathroom and kitchen. The other side has received a new refrigerator and stove. Both sides have screened back porches, covered front porches and fenced back yards. This duplex is convenient to shopping, dining and schools on Athens' east side. Leases and rent ledgers available upon request.

Last Agent to Sell the Property

Chris Dell

Cozart Realty, LLC License #376519 Listed on: 07/21/2022

Last Buyer's Agent

Aleena Merilien

Refined Real Estate License #374682

Refined Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1985

Lot Details

  • 0.56 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,005 Sq Ft Home
  • 1-Story Property
  • Screened Porch

Parking

  • 4 Parking Spaces
  • Parking Available
  • Off-Street Parking

Schools

  • Gaines School Road Elementary School
  • Coile Middle School
  • Cedar Shoals High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • None Owner Managed Association
  • Park East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 241B5 B017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,816

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Attribution Contact: 706-410-1941
  • Directions: From Cedar Shoals High School, head east on Cedar Shoals Dr. Turn left on E Paces, then left on W Paces, then right on Upland Ct.
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.56
  • Subdivision Name: Park East
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Living Area: 2005.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Enclosed Porch, Porch
  • Lot Features: Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch, Screened

Garage/Parking

  • Parking Features: Off Street, Parking Available
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: None - owner managed
  • Association: No

Schools

  • Elementary School: Gaines School Road Elementary
  • High School: Cedar Shoals
  • Middle Or Junior School: Coile Middle

Lot Info

  • Parcel #: 241B5 B017
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1816.0

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 26, 2022
Sold by
Rlj Investments Llc
Bought by
Stovall Tarnesha
Seller's Agent
Chris Dell
Cozart Realty, LLC
Buyer's Agent
Aleena Merilien
Refined Real Estate
List Price
$239,900
Sold Price
$239,900
Total Days on Market
21
Current Estimated Value
$284,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,878
Avg. Annual Appreciation
6.34%
Original Mortgage
$235,554
Outstanding Balance
$224,940
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$59,838

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 26, 2020
Sold by
A Frame Realty Llc
Bought by
Rlj Investments Llc
Seller's Agent
Kathryn Umstead
Keller Wms Realty Atl Partners
Buyer's Agent
Chris Dell
Keller Williams Greater Athens
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.00%
Original Mortgage
$112,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2019
Sold by
Salgado Janice
Bought by
A Frame Realty Llc

Purchase Details

Closed on
May 5, 2009
Sold by
Read John
Bought by
Salgado Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2006
Sold by
Not Provided
Bought by
Carlton Salgado Janice and Carlton Jim P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,960
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2002
Sold by
Melissa Wiltshire M and Melissa Wil
Bought by
Coy Tony D

Purchase Details

Closed on
Dec 30, 1996
Sold by
Coleman Francis & Alice Trustee Of
Bought by
Melissa Wiltshire M and Melissa Wiltshir

Purchase Details

Closed on
Feb 1, 1990
Sold by
Pennington Jane P and Pennington Robert
Bought by
Coleman Francis & Alice Trustee Of
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
Stovall Tarnesha $239,900 --
Rlj Investments Llc $140,000 --
A Frame Realty Llc $109,000 --
Salgado Janice $100,000 --
Carlton Salgado Janice $113,700 --
Coy Tony D $93,300 --
Melissa Wiltshire M $88,000 --
Coleman Francis & Alice Trustee Of $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stovall Tarnesha $235,554
Previous Owner Rlj Investments Llc $112,000
Previous Owner Salgado Janice $80,000
Previous Owner Read John $11,983
Previous Owner Carlton Salgado Janice $90,960
Previous Owner Coy Tony D $9,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $239,900 0.0% $120 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $239,900 +71.4% $120 / Sq Ft
10/26/2020 10/26/20 Sold $140,000 +3.7% $70 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $135,000 -- $67 / Sq Ft
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

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 $2,715 $102,840 $12,000 $90,840
2023 $1,916 $96,326 $12,000 $84,326
2022 $2,460 $77,130 $10,400 $66,730
2021 $1,816 $53,876 $8,000 $45,876
2020 $1,469 $43,665 $8,000 $35,665
2019 $1,274 $37,516 $8,000 $29,516
2018 $922 $27,171 $8,000 $19,171
2017 $0 $25,541 $8,000 $17,541
2016 $799 $23,538 $8,000 $15,538
2015 $680 $20,006 $8,000 $12,006
2014 $340 $20,006 $8,000 $12,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 1000615

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 241B5-B-017