NOT LISTED FOR SALE

1511 N Jefferson St NE Milledgeville, GA 31061

Estimated Value: $278,435

5 Beds
4 Baths
2,946 Sq Ft
$95/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $172,500 $59 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,597/month

Highlights

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

About This Home

As of April 2020

This property has three separate apartments and is located super close to downtown. Great investment opportunity for anyone wishing to add to rental properties, or for anyone who's interested in having others make their house payment. Live in one apartment and rent the other two! One apartment has 2 BR/1 BA, second is 2 or 3 BR/2BA, and third is a studio apartment. Two apartments are currently rented on month-to-month basis. Property is being sold "As Is" - without seller's disclosure due to lack of knowledge of history. Property needs a little TLC but has GREAT potential! Call for an appointment. Please do not disturb tenants.

Last Agent to Sell the Property

Kay McGiboney

Fickling & Company Lake Country License #357408 Listed on: 02/27/2020

Last Buyer's Agent

Chris Johnson

Lake Homes Realty License #333618

Lake Homes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Cottage
  • Slab Foundation

Interior Spaces

  • 2,946 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,684

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Multifamily
  • Sub Type: Residential Home
  • Architectural Style: Cottage
  • Property Status: Standard Listing
  • Location: City Limits
  • Directions: From downtown Milledgeville, follow North Jefferson out of town. Property is on right.
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels W O Basement: 1 Story
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Estimated Heated Sq Ft: 2946

Exterior Features

  • Substructure: Slab

Utilities

  • Air Conditioner: Central Electric
  • Heat: Central, Electric
  • Sewer: City
  • Water Heater: Electric

Lot Info

  • Lot Number: 3
  • Plat Page: 346 551
  • Estimated Number of Acres: 0.3
  • General Zoning Class: Multiple
  • Geo Subdivision: GA
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Apr 13, 2020
Sold by
Bentley Donna M
Bought by
Drake Kelly and Drake Susan
Seller's Agent
Kay McGiboney
Fickling & Company Lake Country
Buyer's Agent
Chris Johnson
Lake Homes Realty
List Price
$195,000
Sold Price
$172,500
Premium/Discount to List
-$22,500
-11.54%
Current Estimated Value
$278,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,935
Avg. Annual Appreciation
9.03%
Original Mortgage
$138,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1993
Bought by
Bentley
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
Drake Kelly $172,500 --
Bentley $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Drake Kelly $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2020 04/13/20 Sold $172,500 -11.5% $59 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $195,000 -- $66 / Sq Ft
Source: Lake Country Board 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
2025 $1,684 $69,084 $13,940 $55,144
2024 $1,684 $69,084 $13,940 $55,144
2023 $1,505 $61,748 $11,616 $50,132
2022 $1,530 $61,748 $11,616 $50,132
2021 $1,400 $53,320 $11,560 $41,760
2020 $1,381 $53,320 $11,560 $41,760
2019 $1,384 $53,320 $11,560 $41,760
2018 $1,392 $53,320 $11,560 $41,760
2017 $1,360 $53,320 $11,560 $41,760
2016 $1,919 $71,320 $8,960 $62,360
2015 $1,923 $71,320 $8,960 $62,360
2014 $1,926 $71,320 $8,960 $62,360
Source: Public Records

Agents Affiliated with this Home

  • Kay McGiboney

    Seller's Agent in 2020

    Kay McGiboney

    Fickling & Company Lake Country

    (478) 973-3018

    110 Total Sales

    Kay McGiboney
    Section Image
  • Chris Johnson

    Buyer's Agent in 2020

    Chris Johnson

    Lake Homes Realty

    (478) 454-8400

    143 Total Sales

    Chris Johnson
    Section Image
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Map

Source: Lake Country Board of REALTORS®

MLS Number: 55963

Lake Country Board of REALTORS®

APN: M78-143

Georgia Baldwin County Milledgeville 31061

1511 N Jefferson St NE, Milledgeville, GA

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