NOT LISTED FOR SALE

185 W Forrest St Harlem, GA 30814

Estimated Value: $171,000 - $253,595

8 Beds
6 Baths
18,400 Sq Ft
$11/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $880,000 $48 Per Sq Ft

Current estimated payment $1,285/month

259 Days on Market

About This Home

As of February 2019

21 Unit Apartment Complex located in Harlem Georgia - Comprising of 4 Quad Buildings and 2 Duplexes and 1 Onsite Manager Apartment that is currently rented out. The 4 Quads consist of 4 units each with 2 Bedroom and 1 Bath which are Approx 750 Square Feet Each. Large Parking Lot, with on-site coin operated laundry. One of the duplexes have 2 bedroom 2 baths and the other have 3 bedrooms with 1 bath. Both duplexes have laundry rooms in the units as well. Most appliances have been replaced with Black Refrigerators, Stoves, Dishwashers and Vent Hoods. Roof is less than 5 years old. New vinyl windows are less than 5 years old. Rents have been stabilized and ready for rent increases as Harlem continues to grow.

Last Agent to Sell the Property

Scott Patterson

Better Homes & Gardens Executive Partners License #303459 Listed on: 05/15/2018

Better Homes & Gardens Executive Partners

Co-Listed By

Marcelo Escanuela

Better Homes & Gardens Executive Partners

Last Buyer's Agent

Caleb Willing

Better Homes & Gardens Executive Partners License #338184

Better Homes & Gardens Executive Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,501

Year Built

  • Built in 1983

Lot Details

  • 0.57

Parking

  • 2 Parking Spaces

Home Design

  • 18,400 Sq Ft Home
  • Brick Exterior Construction

Schools

  • Harlem Elementary And Middle School
  • Harlem High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 21 Units
  • None 1Ab Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, sewer, water, heat, electricity
  • Assessor Parcel Number H01 077A/B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,501

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Deed Book And Page: 9760 &196
  • Listing Member Name: Scott Patterson
  • Listing Office Short Id: 288
  • New Construction: No
  • Open House Office I D: 20220208193441330882000000
  • Plat Book And Page: PC AA &118#5
  • Property Sub Type: Multi Family
  • Selling Member Short Id: 288_8
  • Selling Office Short Id: 288
  • Subdivision Name: None-1ab
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Street Number Modifier: 185
  • Total Sqft: 18400.00

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Single System
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Elementary School: Harlem
  • Middle School: Harlem
  • High School: Harlem

Lot Info

  • Parcel Number: H01 077A/B
  • Quadrant: 4CO

Rental Info

  • Tenant Pays: Cable TV, Sewer, Water, Heat, Electricity

Multi Family

  • Number Of Units Total: 21

MLS Schools

  • Elementary School: Harlem
  • High School: Harlem
  • Middle School: Harlem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2019
Sold by
Custom Storage Solutions Llc
Bought by
Mw Capital Properties Llc
Total Days on Market
259
Current Estimated Value
$207,532

Purchase Details

Listed on
May 15, 2018
Closed on
Feb 8, 2019
Sold by
Coastal Air Properties Llc
Bought by
Custom Storage Solutions Llc
Seller's Agent
Scott Patterson
Better Homes & Gardens Executive Partners
Buyer's Agent
Caleb Willing
Better Homes & Gardens Executive Partners
List Price
$1,275,000
Sold Price
$880,000
Premium/Discount to List
-$395,000
-30.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.35%
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
Mw Capital Properties Llc -- --
Custom Storage Solutions Llc $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mw Capital Properties Llc $451,235
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $880,000 -31.0% $48 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
05/15/2018 05/15/18 For Sale $1,275,000 -- $69 / 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 $1,501 $47,608 $47,608 $0
2023 $1,501 $47,608 $47,608 $0
2022 $1,571 $48,288 $48,288 $0
2021 $1,628 $48,005 $43,120 $4,885
2020 $1,662 $0 $0 $0
2019 $1,608 $0 $0 $0
2018 $1,654 $0 $0 $0
2017 $1,690 $0 $0 $0
2016 $1,767 $51,665 $11,738 $39,927
2015 $1,756 $52,817 $11,738 $41,079
2014 $1,867 $57,271 $11,738 $45,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® of Greater Augusta

MLS Number: 427162

REALTORS® of Greater Augusta

APN: H01-077B