Highlights
- Deck
- Wood Flooring
- Forced Air Heating and Cooling System
- Madison County High School Rated A-
- No HOA
- Wood Siding
About This Home
As of December 2022Two 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,972
Year Built
- Built in 1956
Home Design
- Block Foundation
- Frame Construction
- Wood Siding
Interior Spaces
- 3,782 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Crawl Space
Kitchen
- Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Parking
- 8 Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
Schools
- Comer Elementary School
- Madison County Middle School
- Madison County High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Septic Tank
Listing and Financial Details
- Tenant pays for trash collection, water
- Assessor Parcel Number CO03 060
Community Details
Overview
- No Home Owners Association
- 2 Units
- Comer Subdivision
Building Details
- Gross Income $33,600
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $200,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $100,800 | -- | |
| Deed | $68,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $304,000 | New Conventional | |
| Previous Owner | $97,000 | Commercial | |
| Previous Owner | $160,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $99,460 | FHA |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $335,000 | -11.8% | $183 / Sq Ft |
| 12/06/2022 12/06/22 | Sold | $380,000 | -12.6% | $100 / Sq Ft |
| 11/06/2022 11/06/22 | Pending | -- | -- | -- |
| 07/12/2022 07/12/22 | For Sale | $435,000 | -- | $115 / Sq Ft |
Tax History Compared to Growth
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 |
Map
Source: Savannah Multi-List Corporation
MLS Number: CM1000364
APN: CO03-060
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