NOT LISTED FOR SALE

127 129 W E King Rd Commerce, GA 30549

Commerce Township Downtown Neighborhood

Estimated Value: $220,000 - $287,426

2 Beds
1 Bath
-- Sq Ft
0.35 Acres

Last Sold September 02, 2021

Last sale price $172,000

Est. 43% increase in value since last sale

Current estimated payment $1,513/month

69 Days on Market

Highlights

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

About This Home

As of September 2021

Nice duplex with some long term tenants. Good for investors and in a nice area close to the by pass and I85. . Market rent is projected anywhere from $750-$775 per month per unit, presenting an opportunity for future income growth. Priced well below replacement cost and the per-bedroom average of most 2-unit multifamily properties available in the market! This duplex needs some cleaning up, but is a great investment opportunity! Currently cash flowing! Please have your buyers prequalified or proof of funds ready to submit before showing will be approved. 24hr notice on all showings

Last Agent to Sell the Property

Claire Hamilton

Flat Rock Realty Associates License #158377 Listed on: 05/26/2021

Last Buyer's Agent

Phillip Wilson

United Country Real Estate Sou License #391225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 2004

Lot Details

  • 0.35

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Commerce Elementary And Middle School
  • Commerce High School

Additional Features

  • 1-Story Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 021B 004A

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,728

Year Built

Built in 2004

Lot Details

0

Listing Details

  • GarageYN: No
  • Inclusions: Ceiling Fans
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 2004
  • Subdivision Name: No Recorded Subdivision
  • Architectural Style: Traditional
  • Reso Flooring: Carpet, Vinyl
  • Reso Interior Features: Ceiling Fan(s)
  • Tax Year: 2020
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Bath/Stubbed
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Acres: 0.35
  • Home Warranty: No
  • Construction Type: Brick, Frame
  • Exterior Features: Other

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Middle Or Junior School: Commerce

Lot Info

  • Lot Size Area: 0.35
  • Parcel Number: 021B 004A
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 13200.0
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 3053.0

Tax Info

  • Tax Annual Amount: 1728.0

MLS Schools

  • Elementary School: Commerce
  • HighSchool: Commerce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Sep 2, 2021
Sold by
Crowley Kamey
Bought by
Moore Jonathan
Seller's Agent
Claire Hamilton
Flat Rock Realty Associates
Buyer's Agent
Phillip Wilson
United Country Real Estate Sou
List Price
$194,000
Sold Price
$172,000
Premium/Discount to List
-$22,000
-11.34%
Current Estimated Value
$246,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,809
Avg. Annual Appreciation
9.23%
Original Mortgage
$168,884
Outstanding Balance
$153,442
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$93,367

Purchase Details

Closed on
Sep 23, 2005
Sold by
Crowley Kamey
Bought by
Crowley Kamey and Crowley Sean T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,075
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2005
Sold by
Bowers Michael Shane
Bought by
Crowley Kamey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,075
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2004
Sold by
Wilson Wesely
Bought by
Bowers Michael Shane

Purchase Details

Closed on
Feb 16, 1999
Sold by
Tolbert Melvin
Bought by
Wilson Wesely

Purchase Details

Closed on
Jan 4, 1996
Bought by
Tolbert Melvin
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
Moore Jonathan $172,000 --
Crowley Kamey -- --
Crowley Kamey $128,500 --
Bowers Michael Shane $119,000 --
Wilson Wesely $26,000 --
Tolbert Melvin $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Jonathan $168,884
Previous Owner Crowley Kamey $122,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $172,000 -11.3% --
08/03/2021 08/03/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $194,000 -- --
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 $2,403 $87,040 $13,600 $73,440
2023 $2,403 $78,760 $13,600 $65,160
2022 $2,158 $66,560 $13,600 $52,960
2021 $1,844 $56,960 $4,000 $52,960
2020 $1,729 $47,720 $4,000 $43,720
2019 $1,754 $47,720 $4,000 $43,720
2018 $1,662 $45,600 $4,000 $41,600
2017 $1,612 $43,459 $4,000 $39,459
2016 $1,620 $43,459 $4,000 $39,459
2015 $1,657 $43,459 $4,000 $39,459
2014 $1,620 $42,157 $4,000 $38,157
2013 -- $42,156 $4,000 $38,156
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Claire Hamilton

    Flat Rock Realty Associates

  • P

    Buyer's Agent in 2021

    Phillip Wilson

    United Country Real Estate Sou

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM981749

Savannah Multi-List Corporation

APN: 021B-004A

Georgia Jackson County Commerce 30529 Commerce Township Downtown

127 129 W E King Rd, Commerce, GA

This home is located at 127 129 W E King Rd, Commerce, GA 30549 since 26 May 2021 and is currently estimated at $246,809. This property was built in 2004. 127 129 W E King Rd is a home located in Jackson County with nearby schools including Commerce Primary School, Commerce Elementary School, and Commerce Middle School.

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.

Savannah Multi-List Corporation 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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