NOT LISTED FOR SALE

Estimated Value: $201,000 - $291,000

5 Beds
3 Baths
2,130 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 09, 2022

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

Current estimated payment $1,522/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 Buyer's Agent

Brandi Young

Keller Williams Realty Augusta License #355150

Property Details

Home Type

Multi-Family

Year Built

1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Elementary School: Lake Forest
  • High School: Richmond Academy
  • Listing I D: 481903
  • Tax Year: 2020
  • Year Built: 1916
  • Tenant Pays: All Utilities
  • Property Sub Type: Triplex
  • Community Features: See Remarks, Other
  • Lot Size Acres: 0.15
  • Lot Size: 6400
  • Lot Size Sq Ft: 6534.00
  • Number Of Units Total: 3
  • Owner Pays: Other
  • Co List Office Mls Id: 645
  • Co List Office Phone: 404-564-5560
  • Co List Office Mls Id: 645
  • List Office Name: Keller Williams Realty Metro Atlanta
  • List Office Phone: 404-564-5560
  • Special Conditions: None
  • Major Change: 2022-05-14
  • Major Change: Status Change
  • Modification Timestamp: 2024-12-29
  • Temp Off Market: 2022-05-09
  • Pending: 2022-03-07
  • Purchase Contract Date: 2022-03-07
  • Status Change: 2022-05-14
  • Listing Contract: Exclusive Agency
  • Photos Change Timestamp: 2022-03-28
  • M L S Status: Closed
  • Orig Sys Key: 20220307170910310348000000
  • Close Price: 240000.00
  • Original List Price: 250000.00
  • Original List Price: 250000.00
  • Prev List Price: 250000.00
  • Standard Status: Closed
  • Subdivision Name: Harrisburg
  • Directions: Use GPS
  • Middle Or Junior School: Tubman
  • Building Area Total: 2130
  • Construction Type: Brick, Other
  • Cooling: Multiple Systems, Other, See Remarks
  • Is New Construction?: No
  • Parcel#: 0354380000
  • @id: https://api.sourceredb.com/odata/Property('683a3f42cf8ab15eb06208882d975e03')
  • @etag: W/"YmluYXJ5J0FBQUFBQS9XdExJPSc="
  • Sewer Provider: Public Sewer
  • Sold Exclusive Y N: No
  • V O W Entire Listing Display Y N: Yes
  • Current Price: 240000.00
  • Current Price Public: 240000.00
  • List Price Per Acre: 1666666.67
  • Close Price Per Acre: 1600000.00
  • Deed Book And Page: 1737 944
  • Plat Book And Page: 31-A/700
  • Financial Data: Projected
  • Profit Loss Statement Y N: No
  • Closed Timestamp: 2022-05-14T01:11:55Z
  • Original On Market Timestamp: 2022-03-04T02:11:37Z
  • Pending Date: 2022-03-07
  • On Market Contract Date: 2022-03-03
  • Unparsed First Line Address: 1727 Starnes Street
  • List Price Per Sqft: 117.37
  • Close Price Per Sqft: 112.67
  • Quadrant: R3
  • Appraiser: none
  • V O W Address Display Y N: Yes
  • V O W Automated Valuation Display Y N: No
  • V O W Consumer Comment Y N: No
  • A P I Modification Timestamp: 2025-12-06T12:37:38.694Z
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 3.00

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

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

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
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
$240,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77
Avg. Annual Appreciation
0.01%
Original Mortgage
$180,000
Outstanding Balance
$169,806
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$70,271

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
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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: Hive 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
2025 $3,203 $71,564 $2,530 $69,034
2024 $3,203 $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: Hive MLS

MLS Number: 481903

Hive MLS

APN: 0354380000