NOT LISTED FOR SALE

1489 Main St Comer, GA 30629

Estimated Value: $332,289

-- Bed
1 Bath
3,782 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $380,000 $100 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,089/month

121 Days on Market

Highlights

  • Custom Closet System
  • Deck
  • Attic
  • Madison County High School Rated A-
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of December 2022

Two leased rental houses next door to one another plus additional 3 acres of buildable land for more potential residential! Both properties each feature 4 bedrooms & 2 bathrooms and were renovated in 2017 with new metal roofs, exterior board & batten siding, updated kitchens & baths, and refinished floors. They have always stayed rented with current leases running through July 2023. The additional 2.75+/- acres of land could be utilized from the adjacent county road. Seller would consider selling the two properties individually but would prefer to sell both at same time.
**Please do not disturb tenants, seller will make properties available for inspections during due diligence period.

Last Listed By

Hank Randolph

WHR Real Estate Co. License #366078 Listed on: 07/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 4.3 Acre Lot
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • Custom Closet System
  • 3,782 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Crawl Space

Parking

  • 8 Parking Spaces
  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Comer Elementary School
  • Madison County Middle School
  • Madison County High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Comer Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, grounds care, trash collection, water
  • The owner pays for exterior maintenance, insurance, pest control, taxes
  • Assessor Parcel Number CO03 060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,972

Year Built

Built in 1956 | Remodeled

Lot Details

0

Listing Details

  • Attribution Contact: 706-207-5649
  • Directions: Take Hwy 72 from Athens towards Comer, take right on Sunset Ave into downtown Comer, take another right on Main St and houses will be about 1/2 mile down on the right.
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1956
  • Lot Size Acres: 4.3
  • Subdivision Name: Comer
  • Garage Yn: No
  • Unit Levels: One
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Refrigerator, Smooth Cooktop, Stove, Washer
  • Interior Amenities: Attic, Ceiling Fan(s), Custom Cabinets, Fireplace, High Speed Internet, Solid Surface Counters, Cable TV, Eat-in Kitchen, Programmable Thermostat
  • Owner Pays: Exterior Maintenance, Insurance, Pest Control, Taxes
  • Has Basement: Bathroom, Bedroom, Exterior Entry, Crawl Space
  • Basement YN: No
  • Fireplace Features: One, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 3782.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Deck
  • Lot Features: Level, See Remarks
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Basement, Block, Crawlspace
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Off Street, Parking Available
  • Total Parking Spaces: 8.0

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Comer
  • High School: Madison County
  • Middle Or Junior School: Madison County Middle

Lot Info

  • Additional Parcels Description: CO03 065
  • Parcel #: CO03 060
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Grounds Care, Trash Collection, Water

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2972.0

Multi Family

  • Annual Gross Income: 33600.0
  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Dec 6, 2022
Sold by
The James Matthew Wallace 2018 Trust
Bought by
Hemingway David P and Hemingway Carolyn J
Seller's Agent
Hank Randolph
WHR Real Estate Co.
Buyer's Agent
Joe Cozart
Cozart Realty, LLC
List Price
$435,000
Sold Price
$380,000
Premium/Discount to List
-$55,000
-12.64%
Total Days on Market
121
Views
6
Current Estimated Value
$332,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,711
Avg. Annual Appreciation
-16.57%
Original Mortgage
$304,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2020
Sold by
Wallace James E
Bought by
Tolbert Jessica A

Purchase Details

Closed on
Oct 6, 2016
Sold by
Jeffery R
Bought by
Wallace James E

Purchase Details

Closed on
Jul 24, 2009
Sold by
Rosenfeld Christy
Bought by
Lyvers Christy and Lyvers Jeffery Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,460
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2003
Sold by
Estes Christa L
Bought by
Rosenfeld Christy A

Purchase Details

Closed on
Sep 3, 1996
Bought by
Estes Christa L

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
Hemingway David P $380,000 --
Tolbert Jessica A -- --
Wallace James E $200,000 --
Lyvers Christy -- --
Rosenfeld Christy A $100,800 --
Estes Christa L $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hemingway David P $304,000
Previous Owner Wallace James E $97,000
Previous Owner Wallace James E $160,000
Previous Owner Lyvers Christy $99,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $380,000 -7.3% $100 / Sq Ft
10/16/2022 10/16/22 Price Changed $409,900 -5.8% $108 / Sq Ft
07/12/2022 07/12/22 For Sale $435,000 -- $115 / Sq Ft
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

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 $2,855 $91,579 $23,564 $68,015
2023 $3,017 $83,564 $19,636 $63,928
2022 $2,258 $70,587 $13,502 $57,085
2021 $1,951 $54,042 $13,501 $40,541
2020 $1,680 $52,078 $11,538 $40,540
2019 $1,676 $51,348 $11,538 $39,810
2018 $1,617 $49,388 $10,556 $38,832
2017 $1,620 $47,140 $9,818 $37,322
2016 $1,292 $42,875 $9,818 $33,057
2015 $1,287 $42,875 $9,818 $33,057
2014 $1,574 $52,337 $17,061 $35,276
2013 -- $52,337 $17,061 $35,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 1000364

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: CO03-060