Seller's Agent in 2023
Danielle Meikrantz
Meybohm Commercial Properties
(706) 284-8359
1 in this area
89 Total Sales
1216 Meigs St Augusta, GA 30904
Summerville NeighborhoodEstimated Value: $268,000 - $336,000
5
Beds
3
Baths
2,536
Sq Ft
$115/Sq Ft
Est. Value
Highlights
- Floor Furnace
- Johnson Magnet Rated A-
- Asbestos
About This Home
As of September 2023Welcome to 1216 Meigs Street, a great opportunity for investors and savvy homebuyers alike! This value-add tri-plex, located in Summerville in Augusta, Georgia, on a great corner lot on Meigs St. and Lackman Lane, offers the perfect blend of historical charm and endless potential for value-add improvements. Whether you are seeking a prime real estate investment or a unique residence with income potential, this property deserves your attention. The main unit in the house is around 1,300+ sq ft with 3 bedrooms and 1 full bath, featuring original hardwood floors and lots of character. Currently occupied by a tenant, this unit will be vacant at the end of the month, opening numerous possibilities. Additionally, the attic (500 sq ft)and basement (675 sq ft)apartments present an opportunity for updates and improvements, with each being a good sized 1 bed/1bath units. Once updated these spaces have the potential to become lucrative rental units in this great location for students and professionals, maximizing your monthly rental income. Please note that the property is being sold as-is, and we kindly request that you refrain from disturbing the tenant until under contract. Vacant units are available for showings. 1216 Meigs is separately metered for electric, has 2 gas meters and all units share one water meter. The property has multiple heating systems but no central AC. The expansive lot provides driveway access from Lackman Lane, a great shade tree, and ample space to create a wonderful backyard area for your tenants. This tri-plex represents a fantastic opportunity for value appreciation once updates are completed and cash flow optimization. Whether you're an astute investor or an aspiring homeowner looking for an additional income stream, 1216 Meigs Street is full of potential, and you don't get opportunities like this property often where you can reap the rewards of Augusta's thriving real estate market once the updates are complete. Act now to schedule a viewing and take the next step toward securing your future in this prime location. (Seller is a licensed agent in Georgia)
Last Agent to Sell the Property
Meybohm Commercial Properties License #401159 Listed on: 09/08/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 12,153 Sq Ft Lot
- Lot Dimensions are 80x156
Parking
- Parking Pad
Home Design
- Triplex
- Asbestos
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Monte Sano Elementary School
- Langford Middle School
- Richmond Academy High School
Utilities
- Floor Furnace
Community Details
- 3 Units
- Summerville Subdivision
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 0444060000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2023
Closed on
Sep 29, 2023
Sold by
Bought by
Seller's Agent
Danielle Meikrantz
Meybohm Commercial Properties
Buyer's Agent
Karen Cortez
Blanchard & Calhoun - SN
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,995
Avg. Annual Appreciation
14.17%
Original Mortgage
$164,000
Outstanding Balance
$160,211
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$131,784
Purchase Details
Listed on
Sep 8, 2023
Closed on
Aug 30, 2023
Sold by
Bought by
Seller's Agent
Danielle Meikrantz
Meybohm Commercial Properties
Buyer's Agent
Karen Cortez
Blanchard & Calhoun - SN
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Outstanding Balance
$160,211
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$131,784
Purchase Details
Closed on
Aug 1, 1978
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $205,000 | -- | ||
| $60,000 | -- | ||
| $45,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $164,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | Off Market | $205,000 | -- | -- |
| 09/29/2023 09/29/23 | Sold | $205,000 | +2.6% | $81 / Sq Ft |
| 09/13/2023 09/13/23 | Pending | -- | -- | -- |
| 09/08/2023 09/08/23 | For Sale | $199,900 | -- | $79 / Sq Ft |
Source: Hive MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,395 | $98,620 | $33,316 | $65,304 |
| 2024 | $3,395 | $82,000 | $28,880 | $53,120 |
| 2023 | $2,686 | $89,656 | $33,316 | $56,340 |
| 2022 | $2,543 | $73,002 | $33,316 | $39,686 |
| 2021 | $2,676 | $70,427 | $33,316 | $37,111 |
| 2020 | $2,393 | $63,043 | $17,035 | $46,008 |
| 2019 | $2,543 | $63,043 | $17,035 | $46,008 |
| 2018 | $2,563 | $63,043 | $17,035 | $46,008 |
| 2017 | $2,550 | $63,043 | $17,035 | $46,008 |
| 2016 | $2,551 | $63,043 | $17,035 | $46,008 |
| 2015 | $2,568 | $63,043 | $17,035 | $46,008 |
| 2014 | $2,562 | $62,806 | $17,035 | $45,771 |
Source: Public Records
Agents Affiliated with this Home
-
Danielle Meikrantz
-
Karen Cortez
Buyer's Agent in 2023
Karen Cortez
Blanchard & Calhoun - SN
(703) 344-6078
3 in this area
13 Total Sales
Map
Source: Hive MLS
MLS Number: 520269
APN: 0444060000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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