NOT LISTED FOR SALE

1294 Riverside Dr Macon, GA 31201

InTown Neighborhood

Estimated Value: $232,967

-- Bed
-- Bath
1,369 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $140,000 $102 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,326/month

932 Days on Market

Highlights

  • Central Heating and Cooling System
  • Level Lot
  • 1-Story Property

About This Home

As of October 2013

10.5 CAP and 100% Leased! Single Tenant Building leased by Georgia Auto Pawn. Completely renovated and remodeled Brick building with new roof, plumbing and ADA bathroom, wiring and all interior and exterior finishes in 2008. Original lease a 5 year term in 2008, Tenant has already renewed for another 5 years. Additional income from a Lamar Billboard on the property. NNN Lease, No Landlord expenses!

Last Agent to Sell the Property

Matt Gilbert

New Atlantic Realty Group Inc. License #343016 Listed on: 03/14/2011

Last Buyer's Agent

Matt Gilbert

New Atlantic Realty Group Inc. License #343016 Listed on: 03/14/2011

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1957

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Property is zoned C-2, Commercial

Interior Spaces

  • 1,369 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number Q072-0132

Property Details

Property Type

Other

Est. Annual Taxes

$1,138

Year Built

Built in 1957

Lot Details

0

Listing Details

  • FILLACRES: 0.10
  • Estimated Total Sq Ft: 1369.00
  • Comm Sell: 4.00
  • Comm Sell Type: %
  • Directions: Located on the corner of Riverside Drive and Madison Street, very close to downtown.
  • Handicap Features: No
  • In City: No
  • Listing Member Name: Matt Gilbert
  • Listing Office Short Id: o192
  • Plat Book: 91
  • Prop. Type: F
  • Selling Financing: Conventional
  • Selling Member Short Id: Matt Gilbert
  • Selling Office Short Id: o192
  • Assessor Parcel Number: Q072-0132
  • Year Built: 1957
  • Scheduled Monthly Income: 1325.00
  • Zoning Code: C-2
  • Present Use: Commercial
  • Building Stories: 1
  • Suggested Use: Retail
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1

Interior Features

  • New Construction: No

Exterior Features

  • Road Front Ft: 80
  • Topography: Level

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric

Lot Info

  • Deed Page: 163
  • Land Lease Purchase: No
  • Plat Page: 653
  • Zoning: Commercial

Tax Info

  • Year: 2012

Multi Family

  • Number Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Tax Commissioner And Ex Officio
Bought by
United Bank and Neisler
Current Estimated Value
$232,967

Purchase Details

Closed on
May 15, 2019
Sold by
Gem Assets Llc
Bought by
Twelve Riverside Llc

Purchase Details

Listed on
Mar 14, 2011
Closed on
Nov 1, 2013
Sold by
Three Oaks Construction & Development In
Bought by
Gem Assets Llc
Seller's Agent
Matt Gilbert
New Atlantic Realty Group Inc.
Buyer's Agent
Matt Gilbert
New Atlantic Realty Group Inc.
List Price
$175,000
Sold Price
$140,000
Premium/Discount to List
-$35,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$112,000
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2009
Sold by
L Cubed Llc
Bought by
Three Oaks Construction & Development In

Purchase Details

Closed on
Mar 14, 2006
Sold by
Roberts Lawton
Bought by
L Cubed Llc

Purchase Details

Closed on
Jan 31, 2006
Sold by
Lee Leah Benton and Benton Larry W
Bought by
L Cubed Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
United Bank $25,000 None Listed On Document
Twelve Riverside Llc $130,000 None Available
Gem Assets Llc $140,000 None Available
Three Oaks Construction & Development In $73,500 None Available
L Cubed Llc -- None Avilebel
L Cubed Llc -- None Avilabale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gem Assets Llc $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $140,000 -20.0% $102 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
03/14/2011 03/14/11 For Sale $175,000 -- $128 / Sq Ft
Source: Middle 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
2025 $1,138 $34,223 $15,682 $18,541
2024 $1,176 $34,223 $15,682 $18,541
2023 $1,176 $34,223 $15,682 $18,541
2022 $1,604 $20,795 $7,057 $13,738
2021 $1,760 $20,795 $7,057 $13,738
2020 $1,798 $20,795 $7,057 $13,738
2019 $583 $14,887 $7,057 $7,830
2018 $1,318 $21,986 $7,057 $14,929
2017 $824 $21,986 $7,057 $14,929
2016 $957 $27,669 $7,527 $20,142
2015 $1,355 $27,669 $7,527 $20,142
2014 $1,558 $27,669 $7,527 $20,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Middle Georgia MLS

MLS Number: 113040

Middle Georgia MLS

APN: Q072-0132