NOT LISTED FOR SALE

1875-77 Ml King jr Augusta, GA 30901

Turpin Hill Neighborhood

Estimated Value: $47,000 - $178,000

4 Beds
4 Baths
2,160 Sq Ft
$50/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $95,000 $44 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $736/month

68 Days on Market

About This Home

As of August 2018

Exceptional multifamily investment opportunity to receive guaranteed income immediately. Tenants cover all utilities. Owner's only current expenses are taxes and insurance. Property has excellent tenants with rent paid every month on the 1st via direct deposit. This duplex interior was totally updated in early 2018. Low maintenance vinyl siding exterior. New plumbing fixtures featured in both units. New refrigerators on each side. One side features a new range. Both units freshly painted. Both units feature brand new laminate flooring throughout living areas, bedrooms, and kitchen. Each unit features private backyard with privacy fence. Don't miss out on a great opportunity to expand your investment portfolio.

Last Agent to Sell the Property

Dylan Lyons

Re/max Partners Listed on: 05/14/2018

Re/max Partners

Last Buyer's Agent

Dylan Lyons

Re/max Partners Listed on: 05/14/2018

Re/max Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 1998

Lot Details

  • 6,098

Parking

  • 2 Parking Spaces

Home Design

  • 2,160 Sq Ft Home
  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Craig-Houghton Elementary School
  • Hornsby Ws Middle School
  • Lucy Laney High School

Utilities

  • Central Air
  • No Cooling
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 059-3-035-14-0

Community Details

Overview

  • 2 Units
  • None 1Ri Subdivision

Building Details

  • Operating Expense $2,005
  • Gross Income $14,040
  • Net Operating Income $12,035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,242

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Tax Year: 2017
  • Deed Book And Page: 1609 1295
  • Listing Member Name: Dylan Lyons
  • Listing Office Short Id: 47
  • Lot Size: .14
  • New Construction: No
  • Open House Office I D: 20220208193445876785000000
  • Plat Book And Page: 589 47
  • Property Sub Type: Duplex
  • Selling Member Short Id: 47_362
  • Selling Office Short Id: 47
  • Subdivision Name: None-1ri
  • Year Built: 1998
  • Income And Expenses Operating Expense: 2005.00
  • Special Features: None

Interior Features

  • Street Number Modifier: 1875-77
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Total Sqft: 2160.00

Exterior Features

  • Construction Type: Other, Vinyl Siding

Garage/Parking

  • Parking Features: Other, See Remarks
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, None
  • Heating: Heat Pump, See Remarks, Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Elementary School: Craig-Houghton
  • Middle School: Hornsby WS
  • High School: Lucy Laney

Lot Info

  • Parcel Number: 059-3-035-14-0
  • Quadrant: 1RI

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1242.00

Multi Family

  • Income And Expenses Net Operating Income: 12035.00
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Craig-Houghton
  • High School: Lucy Laney
  • Middle School: Hornsby WS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 22, 2018
Sold by
Lyons Michael Dylan
Bought by
Equipo Equipo Llc
Seller's Agent
Dylan Lyons
Re/max Partners
Buyer's Agent
Dylan Lyons
Re/max Partners
List Price
$114,900
Sold Price
$95,000
Premium/Discount to List
-$19,900
-17.32%
Current Estimated Value
$107,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,719
Avg. Annual Appreciation
1.95%
Original Mortgage
$158,824
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2017
Sold by
Wilmington Savings Fund So
Bought by
Lyons Michael Dylan

Purchase Details

Closed on
Jan 3, 2017
Sold by
Glover Warren
Bought by
Wilmington Savings Fund Societ

Purchase Details

Closed on
Mar 5, 2004
Sold by
Johnson William H and Johnson Helen
Bought by
Glover Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,263
Interest Rate
5.68%
Mortgage Type
FHA
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
Equipo Equipo Llc $95,000 --
Lyons Michael Dylan $40,000 --
Wilmington Savings Fund Societ $78,000 --
Glover Warren $105,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Equipo Equipo Llc $158,824
Previous Owner Glover Warren $104,263
Previous Owner Johnson William $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $95,000 -17.3% $44 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $114,900 -- $53 / 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 $1,972 $34,416 $880 $33,536
2023 $1,972 $34,416 $880 $33,536
2022 $1,930 $34,416 $880 $33,536
2021 $1,925 $38,837 $880 $37,957
2020 $2,176 $44,225 $2,051 $42,174
2019 $2,187 $44,225 $2,051 $42,174
2018 $1,193 $44,225 $2,051 $42,174
2017 $1,242 $47,941 $2,051 $45,890
2016 $1,242 $47,941 $2,051 $45,890
2015 $1,287 $47,941 $2,051 $45,890
2014 $1,242 $47,941 $2,051 $45,890
Source: Public Records

Agents Affiliated with this Home

  • Dylan Lyons

    Seller's Agent in 2018

    Dylan Lyons

    RE/MAX

    (706) 284-4585

    53 Total Sales

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Map

Source: REALTORS® of Greater Augusta

MLS Number: 427097

REALTORS® of Greater Augusta

APN: 0593035140

Georgia Richmond County Augusta 30901 Turpin Hill

1875-77 Ml King jr, Augusta, GA

This home is located at 1875-77 Ml King jr, Augusta, GA 30901 since 14 May 2018 and is currently estimated at $107,719, approximately $49 per square foot. This property was built in 1998. 1875-77 Ml King jr is a home located in Richmond County with nearby schools including Jenkins-White Elementary Charter School, W.S. Hornsby K-8 School, and Johnson Magnet.

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.

REALTORS® of Greater Augusta IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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