NOT LISTED FOR SALE

118 Alford St Lagrange, GA 30240

Estimated Value: $195,000 - $251,000

3 Beds
2 Baths
-- Sq Ft
0.35 Acres

Last Sold November 15, 2021

Last sale price $160,000

Est. 44% increase in value since last sale

Current estimated payment $1,421/month

46 Days on Market

Highlights

  • No HOA
  • Zoned Heating and Cooling
  • Property is near shops
  • Hillcrest Elementary School Rated A-

About This Home

As of November 2021

Great rental income potential $21,600 annually that includes the main house and carriage house. Tenants have been in the main house for 12 years. The carriage house is currently vacant and freshly painted with new floors in kitchen and hall, new HVAC on order. The main house has a 30 year roof that was installed in March 2021 with a new fridge. Tenants maintain their lawn and yard work. This income opportunity won't last! Will require a 24 hour notice for showing to advise the tenants.

Last Agent to Sell the Property

Bob Kustermann

Daniel Realty & Insurance Agency License #266356 Listed on: 08/14/2021

Last Buyer's Agent

Caysi Brooks-Swol

Go Realty License #254823

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1920

Lot Details

  • 0.35

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Laundry in unit

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Zoned Heating and Cooling
  • Dual Heating Fuel

Additional Features

  • 0.35 Acre Lot
  • Property is near shops

Listing and Financial Details

  • The owner pays for sewer, water

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $17,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,884

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .35
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Price Per Square Foot: 457142

Exterior Features

  • Construction Materials: Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 3

Utilities

  • Cooling: Electric, Central Air, Dual, Zoned
  • Heating: Electric, Central, Dual
  • Laundry Features: In Unit, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Water Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Other
  • High School: Other
  • High School Bus: Yes
  • Middle School: Other
  • Middle School Bus: Yes
  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Rental Info

  • Owner Pays: Sewer, Water

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1884

Multi Family

  • GrossIncome: 17220
  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Nov 15, 2021
Sold by
Sporrer Kevin John
Bought by
Payne Whitney and Payne Kevin
Seller's Agent
Bob Kustermann
Daniel Realty & Insurance Agency
Buyer's Agent
Caysi Brooks-Swol
Go Realty
List Price
$190,000
Sold Price
$160,000
Premium/Discount to List
-$30,000
-15.79%
Current Estimated Value
$229,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,727
Avg. Annual Appreciation
7.93%
Original Mortgage
$136,000
Outstanding Balance
$125,533
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$87,936

Purchase Details

Closed on
Oct 28, 2005
Sold by
Lundquist Sarah
Bought by
Sporrer Kevin John and Sporrer Christine Trapnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2000
Sold by
Connie James and Connie Stothard
Bought by
Sarah Lundquist

Purchase Details

Closed on
Sep 10, 1990
Sold by
Maley Ina
Bought by
Connie James and Connie Stothard

Purchase Details

Closed on
Jan 1, 1943
Bought by
Maley Ina
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
Payne Whitney $160,000 --
Sporrer Kevin John $146,000 --
Sarah Lundquist $115,000 --
Connie James $39,000 --
Maley Ina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Whitney $136,000
Closed Payne Whitney $136,000
Previous Owner Sporrer Kevin John $104,550
Previous Owner Sporrer Kevin John $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $160,000 -12.1% --
09/29/2021 09/29/21 Pending -- -- --
08/29/2021 08/29/21 Price Changed $182,000 -4.2% --
08/14/2021 08/14/21 For Sale $190,000 -- --
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 $2,061 $75,560 $5,040 $70,520
2023 $1,886 $69,160 $5,040 $64,120
2022 $1,786 $64,560 $5,040 $59,520
2021 $1,884 $62,480 $5,040 $57,440
2020 $1,884 $62,480 $5,040 $57,440
2019 $1,816 $60,200 $5,040 $55,160
2018 $1,729 $57,340 $4,500 $52,840
2017 $1,729 $57,340 $4,500 $52,840
2016 $1,736 $57,543 $4,500 $53,043
2015 $1,755 $58,087 $5,044 $53,043
2014 $1,681 $55,561 $5,044 $50,517
2013 -- $56,136 $4,996 $51,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9034048

Georgia MLS

APN: 061-4A-024-011