$150,000
SOLD APR 7, 2025

137 S First Ave Mc Rae, GA 31055

-- Bed
-- Bath
1,699 Sq Ft
0.48 Acres

Recently Sold

$88 Per Sq Ft

6% Below List Price

34 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of April 2025

Fantastic Opportunity to own an this investment opportunity in McRae-Helena. This duplex is fully leased and ready for you to continue to cash flow! Each side is 2-bedrooms, 1-bath with full washerdryer hookups in each unit. Each side has a dedicated carport for parking. Showing available with contract offer - both units are tenant occupied - please DO NOT disturb the tenants.

Last Agent to Sell the Property

Jeff Hester

Lifestyles Realty Georgia, Inc Brokerage Phone: 470-760-7331 License #410646 Listed on: 02/09/2025

Lifestyles Realty Georgia, Inc

Last Buyer's Agent

Darlena Kinnett

Lifestyles Realty Georgia, Inc License #295793

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,739

Year Built

  • Built in 1969

Lot Details

  • 0.48 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Telfair County Elementary And Middle School
  • Telfair County High School

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,739

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .48
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Carport
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Private Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Telfair County
  • High School: Telfair County
  • High School Bus: Yes
  • Middle School: Telfair County
  • Middle School Bus: Yes

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1739

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2025
Closed on
Apr 1, 2025
Sold by
Smith Eric Ashley
Bought by
Dwelle Mary Beth Co Tr and Dwelle Richard Ernest Sr Co Tr
Seller's Agent
Jeff Hester
Lifestyles Realty Georgia, Inc
Buyer's Agent
Darlena Kinnett
Lifestyles Realty Georgia, Inc
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Views
23
Current Estimated Value
$143,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,307
Avg. Annual Appreciation
-6.49%
Original Mortgage
$138,750
Outstanding Balance
$82,050
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$61,643

Purchase Details

Listed on
Dec 29, 2023
Closed on
Feb 9, 2024
Sold by
Hutcheson Chuck
Bought by
Smith Eric Ashley and Smith Timothy Clyde
Seller's Agent
Susan Evans
Susan Evans Realty LLC
Buyer's Agent
Jeff Hester
Lifestyles Realty Georgia, Inc
List Price
$144,900
Sold Price
$137,000
Premium/Discount to List
-$7,900
-5.45%
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jul 18, 2023
Sold by
Hutcheson Charles
Bought by
Hutcheson Chuck

Purchase Details

Closed on
Jul 19, 2022
Sold by
Spires Lawrence
Bought by
Hutcheson Charles and Hutcheson Mary Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,605
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2008
Sold by
Miller Rtobbie M
Bought by
Spires Lawrence
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 Type Sale Price Title Company
Warranty Deed $150,000 --
Warranty Deed $137,000 --
Warranty Deed -- --
Warranty Deed $71,000 --
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,750 New Conventional
Previous Owner $117,605 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2025 04/07/25 Sold $150,000 -6.2% $88 / Sq Ft
03/15/2025 03/15/25 Pending -- -- --
02/09/2025 02/09/25 For Sale $159,900 +16.7% $94 / Sq Ft
02/02/2024 02/02/24 Sold $137,000 -5.5% $81 / Sq Ft View Prior Sale
01/07/2024 01/07/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $144,900 -- $85 / Sq Ft
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 $1,946 $48,207 $1,647 $46,560
2023 $1,149 $43,087 $1,647 $41,440
2022 $1,281 $43,038 $1,598 $41,440
2021 $931 $29,763 $1,598 $28,165
2020 $891 $28,017 $1,598 $26,419
2019 $896 $28,017 $1,598 $26,419
2018 $1,225 $28,430 $1,598 $26,832
2017 $853 $26,779 $1,598 $25,181
2016 $853 $26,779 $1,598 $25,181
2015 -- $26,779 $1,598 $25,181
2014 -- $27,605 $1,598 $26,006
2013 -- $27,996 $1,598 $26,398
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hester

    Seller's Agent in 2025

    Jeff Hester

    Lifestyles Realty Georgia, Inc

    (470) 760-7331

    2 in this area

    28 Total Sales

    Jeff Hester
    Section Image

  • D

    Buyer's Agent in 2025

    Darlena Kinnett

    Lifestyles Realty Georgia, Inc

    (770) 856-5221

    1 in this area

    27 Total Sales

    Darlena Kinnett
    Section Image
  • Susan Evans

    Seller's Agent in 2024

    Susan Evans

    Susan Evans Realty LLC

    (912) 423-9291

    113 in this area

    308 Total Sales

    Susan Evans
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10456201

Georgia MLS

APN: MC2800-015

Georgia Telfair County Mc Rae 31055

137 S First Ave, Mc Rae, GA

Sold

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