NOT LISTED FOR SALE

16 Lee St SW Cave Spring, GA 30124

Estimated Value: $167,000 - $715,000

-- Bed
2 Baths
-- Sq Ft
0.45 Acres

Last Sold October 05, 2021

Last sale price $544,500

Est. 35% decrease in value since last sale

Current estimated payment $2,143/month

Highlights

  • Four Sided Brick Exterior Elevation
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of October 2021

16 & 18 Lee Street. Cave Spring Rentals, 6 units: 1 duplex(16 Lee) and 1 quadruplex(18 Lee). 4 sided brick, 2BR/1 BA, All electric, tenants pay utilities, annual leases, all units occupied. A four block walk to downtown Cave Spring. These units stay rented! $5000/mo rent income. Must have an accepted contract before showings. Please do not disturb tenants.

Last Listed By

Tom Sipp

Hardy Realty and Development Company License #56741 Listed on: 09/11/2021

Hardy Realty and Development Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,091

Year Built

  • Built in 1998

Lot Details

  • 0.45 Acre Lot
  • Sloped Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Metal Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Insulated Windows

Schools

  • Cave Spring Elementary School
  • Coosa Middle School
  • Coosa High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Phone Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number E19X 100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,091

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Metal

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Utilities: Electricity Available, Phone Available, Sewer Available, Water Available

Schools

  • Elementary School: Cave Spring
  • Middle School: Coosa
  • High School: Coosa

Lot Info

  • Acres: 0.4500
  • Land/Lot: 931
  • Section G M D: 4
  • Deed Book: 2584
  • Deed Page: 0395
  • Lot Features: Sloped
  • Lot Dimensions: x
  • Parcel Number: E19X 100
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 6

Tax Info

  • Taxes: 3091.00
  • Assessor Parcel Number: E19X-100
  • Close Date: 2021-10-05
  • Tax Year: 2020

MLS Schools

  • Elementary School: Cave Spring
  • High School: Coosa
  • Middle School: Coosa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
Blue Eagle Investments Llc
Bought by
Wilder Gregory John
Total Days on Market
0
Current Estimated Value
$355,515

Purchase Details

Closed on
Oct 31, 1997
Sold by
Langston Robert
Bought by
Kemp George W and Edna Faye Kemp

Purchase Details

Closed on
Oct 10, 1997
Bought by
Langston Robert

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
Wilder Gregory John $788,500 --
Kemp George W $25,000 --
Langston Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Eagle Investments Llc $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $544,500 +0.8% --
09/11/2021 09/11/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $540,000 -- --
Source: First Multiple Listing Service (FMLS)

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 $1,957 $74,404 $11,088 $63,316
2023 $1,957 $71,388 $10,080 $61,308
2022 $1,536 $56,122 $9,600 $46,522
2021 $1,132 $40,622 $2,400 $38,222
2020 $1,089 $38,700 $2,400 $36,300
2019 $978 $35,286 $2,400 $32,886
2018 $874 $31,449 $2,400 $29,049
2017 $848 $30,448 $2,400 $28,048
2016 $843 $29,914 $2,400 $27,514
2015 $823 $29,914 $2,400 $27,514
2014 $823 $29,914 $2,400 $27,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6942625

First Multiple Listing Service (FMLS)

APN: E19X-100