NOT LISTED FOR SALE

1850 Cedar Shoals Dr Athens, GA 30605

Estimated Value: $244,717 - $371,000

-- Bed
4 Baths
3,692 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $775,000 $210 Per Sq Ft

Current estimated payment $2,049/month

15 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heating Available

About This Home

As of June 2023

Great Investment Property in East Athens! 3 units in the same building so you own the whole building. 5 bedrooms/4 baths and two living rooms in each unit for a total of 15 beds/4 baths. Very large floor plans with some upgrades such as LVP floors. Currently total rent is $5300. Preleased beginning Aug 2023 for $5750 per month through July 2024. Interior showings available during due diligence. Pictures show interior condition. Units C1, C2 and C3 included in this sale.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,220

Year Built

  • Built in 1998

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 15 Parking Spaces
  • Off-Street Parking

Schools

  • Whit Davis Elementary School
  • Hilsman Middle School
  • Cedar Shoals High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 244D4 C003

Community Details

Overview

  • 3 Units
  • Cedar Shoals Square Subdivision

Building Details

  • Gross Income $5,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,220

Year Built

Built in 1998

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • GarageYN: No
  • Inclusions: Ceiling Fans
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1998
  • Subdivision Name: Cedar Shoals Square
  • Reso Flooring: Carpet
  • Reso Interior Features: Ceiling Fan(s)
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Basement: Bathroom, Full, Partially Finished
  • Basement YN: Yes
  • Stories: 3

Exterior Features

  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 15.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Sidewalks

Schools

  • Middle Or Junior School: Hilsman Middle

Lot Info

  • Parcel Number: 244D4 C003
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 5725.0
  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1.0

MLS Schools

  • Elementary School: Whit Davis
  • HighSchool: Cedar Shoals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2013
Sold by
Usinvest Llc
Bought by
Mars Asset Management Llc
Current Estimated Value
$288,814

Purchase Details

Closed on
Jun 25, 2013
Sold by
Red Rock Holdings Llc
Bought by
Usinvest Llc

Purchase Details

Closed on
Feb 26, 2007
Sold by
Not Provided
Bought by
Red Rock Holdings Llc
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
Mars Asset Management Llc $128,900 --
Usinvest Llc $83,333 --
Red Rock Holdings Llc $86,667 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $775,000 -2.5% $210 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $795,000 0.0% $215 / Sq Ft
03/20/2022 03/20/22 Rented $1,800 -4.0% --
03/08/2022 03/08/22 For Rent $1,875 0.0% --
02/26/2021 02/26/21 Sold $444,000 -4.5% $120 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $464,700 -- $126 / Sq Ft
Source: Savannah Multi-List Corporation

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 $3,220 $103,038 $8,000 $95,038
2023 $3,220 $81,654 $8,000 $73,654
2022 $1,941 $60,853 $8,000 $52,853
2021 $1,864 $55,297 $8,000 $47,297
2020 $1,642 $48,730 $8,000 $40,730
2019 $1,648 $48,530 $8,000 $40,530
2018 $1,513 $44,568 $8,000 $36,568
2017 $1,222 $35,984 $8,000 $27,984
2016 $1,342 $39,541 $8,000 $31,541
2015 $1,344 $39,541 $8,000 $31,541
2014 $1,318 $38,712 $8,000 $30,712
Source: Public Records

Agents Affiliated with this Home

  • Rich Xu

    Seller's Agent in 2022

    Rich Xu

    Greater Athens Properties

    (706) 255-0316

    59 Total Sales

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM1006209

Savannah Multi-List Corporation

APN: 244D4-E-003

Georgia Clarke County Athens 30605

1850 Cedar Shoals Dr, Athens, GA

This home is located at 1850 Cedar Shoals Dr, Athens, GA 30605 since 16 May 2023 and is currently estimated at $291,429, approximately $78 per square foot. This property was built in 1998. 1850 Cedar Shoals Dr is a home located in Clarke County with nearby schools including Whit Davis Road Elementary School, Hilsman Middle School, and Cedar Shoals High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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