NOT LISTED FOR SALE

1618 Drayton Ln Statesboro, GA 30461

Estimated Value: $256,000 - $320,286

4 Beds
4 Baths
2,588 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $212,000 $82 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,727/month

About This Home

As of April 2022

Great investment for Investors! 5 2 story duplexes, 10 total units plus the well site. Each units has 2 bed/1.5 bath. Each unit has about 1100-1450 sq ft per unit. Total rent roll of close to 95k per year. Addresses are 1602, 1610, 1618, 1626 and 1634 Drayton Lane.

Last Agent to Sell the Property

Brian Arendes

RE/MAX Eagle Creek Realty License #365715 Listed on: 04/12/2022

RE/MAX Eagle Creek Realty

Last Buyer's Agent

Ashley Johnson

Bleu Real Estate License #410105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 2001

Lot Details

  • 2.73

Parking

  • Parking Pad

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco

Schools

  • Mattie Lively Elementary School
  • William James Middle School
  • Statesboro High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • 2-Story Property
  • 2.73 Acre Lot
  • Basement

Community Details

  • No Home Owners Association
  • 10 Units
  • Lexington Commons Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,517

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2001
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 2.73
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Concrete
  • Price Per Square Foot: 77655.6

Exterior Features

  • Construction Materials: Brick, Stucco, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Central
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mattie Lively
  • High School: Statesboro
  • Middle School: William James
  • Elementary School: Mattie Lively
  • Middle School: William James
  • High School: Statesboro

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1516.76

Multi Family

  • NumberOfUnitsTotal: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2019
Sold by
T A Z Real Estate Investment Co Llc
Bought by
S & K Investments Of Ga Llc
Current Estimated Value
$283,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2006
Sold by
Not Provided
Bought by
T A Z Real Estate Investment Company Llc

Purchase Details

Closed on
Nov 23, 2005
Sold by
Robbins Gerald J
Bought by
Simmons Robert and Simmons Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,273
Interest Rate
2.38%
Mortgage Type
New Conventional
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
S & K Investments Of Ga Llc $346,500 --
T A Z Real Estate Investment Company Llc -- --
Simmons Robert $161,415 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed S & K Investments Of Ga Llc $633,250
Previous Owner Simmons Robert $145,273
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $212,000 -5.8% $82 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $225,000 0.0% $87 / Sq Ft
03/11/2014 03/11/14 Rented $675 0.0% --
02/09/2014 02/09/14 Under Contract -- -- --
01/22/2014 01/22/14 For Rent $675 0.0% --
08/01/2013 08/01/13 Rented $675 0.0% --
07/02/2013 07/02/13 Under Contract -- -- --
05/21/2013 05/21/13 For Rent $675 +3.8% --
11/08/2012 11/08/12 For Rent $650 0.0% --
11/08/2012 11/08/12 Rented $650 -- --
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 $2,112 $96,080 $15,120 $80,960
2023 $2,075 $91,640 $9,880 $81,760
2022 $1,648 $75,385 $8,261 $67,124
2021 $1,517 $67,658 $8,261 $59,397
2020 $1,106 $63,686 $6,884 $56,802
2019 $1,431 $63,118 $6,884 $56,234
2018 $1,316 $55,843 $5,734 $50,109
2017 $1,302 $54,630 $5,734 $48,896
2016 $1,313 $53,816 $5,734 $48,082
2015 $1,343 $54,830 $5,734 $49,096
2014 $1,241 $54,830 $5,734 $49,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20032862

Georgia MLS

APN: 074-000002-010