NOT LISTED FOR SALE

Estimated Value: $225,000 - $312,000

5 Beds
3 Baths
2,130 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $240,000 $113 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,539/month

4 Days on Market

About This Home

As of May 2022

Calling all investors, if you are looking for a great investment portfolio, look no further, this triplex was recently renovated, two units are already rented and producing great cash flow. All the work has been completed on this property to include new flooring, paint, electrical, plumbing and each unit has new split a/c units, and new water heaters. Investors could turn a huge profit immediately upon closing. This property is ideal for an investor looking to add income producing investments to their portfolios or for someone who wants to live in one unit and bring in some passive income with the other two. The Current rents are as follows: Unit 1 is a 2/1 and rents for $850, Unit #2 is a 1/1 and rents for $765, and Unit #3 is a 2/1 and is currently vacant. Property is being sold as-is, where is, with no warranties, disclosures, or representations. Centrally Located, near shopping/restaurants, University Hospital, and downtown.

Last Agent to Sell the Property

Aracelis Saladin

Keller Williams Realty Metro Atlanta License #3583945 Listed on: 03/03/2022

Co-Listed By

Richard De Los Santos

Keller Williams Realty Metro Atlanta License #403505

Last Buyer's Agent

Brandi Young

Keller Williams Realty Augusta License #355150

Keller Williams Realty Augusta

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 2,130 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Lake Forest Elementary School
  • Tubman Middle School
  • Richmond Academy High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Wall Furnace

Community Details

  • 3 Units
  • Harrisburg Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0354380000

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Tax Year: 2020
  • Deed Book And Page: 1737 944
  • Listing Member Name: Aracelis Saladin
  • Listing Office Short Id: 645
  • Lot Size Acres: 0.1500
  • Lot Size: 6400
  • New Construction: No
  • Open House Office I D: 20220208193713686574000000
  • Plat Book And Page: 31-A/700
  • Property Sub Type: Triplex
  • Selling Member Short Id: 202_338
  • Selling Office Short Id: 202
  • Subdivision Name: Harrisburg
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Street Number Modifier: 1727
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sqft: 2130.00

Exterior Features

  • Construction Type: Brick, Other

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

  • Sewer: Public Sewer
  • Cooling: Multiple Systems, Other, See Remarks
  • Heating: Multiple Systems, Other, See Remarks, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Elementary School: Lake Forest
  • Middle School: Tubman
  • High School: Richmond Academy

Lot Info

  • Parcel Number: 0354380000
  • Quadrant: R3
  • List Price per Acre: 1666666.6700

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Lake Forest
  • High School: Richmond Academy
  • Middle School: Tubman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 10, 2022
Sold by
1727 Starnes Llc
Bought by
Kipp Carl and Kipp Svetlana
Seller's Agent
Aracelis Saladin
Keller Williams Realty Metro Atlanta
Buyer's Agent
Brandi Young
Keller Williams Realty Augusta
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$253,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,999
Avg. Annual Appreciation
1.68%
Original Mortgage
$180,000
Outstanding Balance
$170,075
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$83,924

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 5, 2020
Sold by
Spatium Investments Llc
Bought by
1727 Starnes Llc
Seller's Agent
Randy Teston
Douglas Lane Real Estate Group
Buyer's Agent
Summer Brandt
Prime Commercial Properties
List Price
$68,000
Sold Price
$56,000
Premium/Discount to List
-$12,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.61%
Original Mortgage
$55,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2018
Sold by
Casas Properties Llc
Bought by
Spatium Investments Llc

Purchase Details

Closed on
Oct 22, 2008
Sold by
Paramount Investments Of Augusta Llc
Bought by
Gutierrez Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2007
Sold by
Perkins Bruce F
Bought by
Paramount Investments Of Augusta Llc

Purchase Details

Closed on
Apr 22, 1992
Sold by
Perkins Bruce F
Bought by
Perkins June L

Purchase Details

Closed on
Apr 2, 1992
Sold by
Veterans Affairs Se
Bought by
Perkins Bruce F

Purchase Details

Closed on
Jul 2, 1991
Sold by
First Union Mortgag
Bought by
Veterans Affairs Se
Source: Public Records

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
Kipp Carl $240,000 --
1727 Starnes Llc $56,000 --
Spatium Investments Llc -- --
Gutierrez Brenda $30,000 None Available
Paramount Investments Of Augusta Llc -- None Available
Perkins June L -- --
Perkins Bruce F -- --
Veterans Affairs Se $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kipp Carl $180,000
Previous Owner 1727 Starnes Llc $55,500
Previous Owner Gutierrez Brenda $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2022 05/09/22 Sold $240,000 -4.0% $113 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $250,000 +346.4% $117 / Sq Ft
08/05/2020 08/05/20 Sold $56,000 -17.6% $26 / Sq Ft View Prior Sale
07/04/2020 07/04/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $68,000 -- $32 / Sq Ft
Source: REALTORS® of Greater Augusta

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 -- $74,104 $2,530 $71,574
2023 $2,300 $48,956 $2,530 $46,426
2022 $2,093 $42,477 $2,530 $39,947
2021 $1,373 $28,591 $2,540 $26,051
2020 $1,497 $26,506 $3,060 $23,446
2019 $1,559 $26,506 $3,060 $23,446
2018 $1,568 $26,506 $3,060 $23,446
2017 $1,563 $26,506 $3,060 $23,446
2016 $1,563 $26,506 $3,060 $23,446
2015 $1,570 $26,506 $3,060 $23,446
2014 $1,571 $26,506 $3,060 $23,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® of Greater Augusta

MLS Number: 481903

REALTORS® of Greater Augusta

APN: 0354380000