$122,500
SOLD AUG 25, 2025
-- Bed
-- Bath
480 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$255 Per Sq Ft

18% Below List Price

40 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Wood Siding

About This Home

As of August 2025

Georgia Premier RE Advisors is pleased to present a residential income property in East Athens. This 2bd/1ba home is currently being rented for $1050/month on a year lease. This property is being offered at a 8.4% CAP rate. The house features hard wood floors throughout most of the home, metal roof, clean interior, and new covered back porch. The location is in the up and coming East Athens area that has seen tremendous revitalization in the last few years. The property is currently being managed by a property management company leaving no headaches for any buyers to deal with. There is a strong potential to get even more in rent next year as the current rental rate is below market rate. Please do not disturb current tenants. Call for more details on this amazing rental opportunity in Athens!

Last Agent to Sell the Property

Jesse Patrick

Georgia Premier RE Advisors License #400641 Listed on: 06/17/2025

Georgia Premier RE Advisors

Last Buyer's Agent

Carey McLaughlin

Trestle Town Realty License #368071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1965

Parking

  • 2 Parking Spaces

Home Design

  • House
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Schools

  • Gaines Elementary School
  • Hilsman Middle School
  • Cedar Shoals High School

Additional Features

  • 7,841 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,402

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1965
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .18
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Crawl Space, None

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 2

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Gaines
  • High School: Cedar Shoals
  • Middle School: Hilsman
  • Elementary School: Gaines
  • Middle School: Hilsman
  • High School: Cedar Shoals

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1401.81

Multi Family

  • GrossIncome: 12600
  • InsuranceExpense: 522
  • NumberOfUnitsTotal: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2019
Closed on
Jul 13, 2020
Sold by
Mokari Reza
Bought by
Best Joseph W and Bobbitt Russell Andrew
Seller's Agent
Sylvan Cown
Our Town Realty
List Price
$74,500
Sold Price
$65,000
Premium/Discount to List
-$9,500
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.41%
Original Mortgage
$52,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 5, 2019
Closed on
May 9, 2019
Sold by
James Ryan H
Bought by
Mokari Reza and Rastegari Homa
Seller's Agent
Rhona Darrow
Home Net Realty, Inc.
Buyer's Agent
Rhona Darrow
Home Net Realty, Inc.
List Price
$50,000
Sold Price
$53,000
Premium/Discount to List
$3,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%

Purchase Details

Closed on
Sep 10, 2009
Sold by
Valyent Construction Llc
Bought by
James Natalie Kennedy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2005
Sold by
Armstrong Helen F
Bought by
Barnett Beth

Purchase Details

Closed on
Feb 5, 1990
Sold by
Fleming Joe
Bought by
Gresham Helen F and Gresham Felicia M
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 Type Sale Price Title Company
Warranty Deed $65,000 --
Warranty Deed $53,000 --
Deed $45,000 --
Deed -- --
Deed $15,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $52,000 Commercial
Previous Owner $48,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $122,500 -18.3% $255 / Sq Ft
07/27/2025 07/27/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $150,000 0.0% $313 / Sq Ft
07/18/2025 07/18/25 Pending -- -- --
06/17/2025 06/17/25 For Sale $150,000 0.0% $313 / Sq Ft
09/25/2023 09/25/23 Rented $1,050 0.0% --
09/25/2023 09/25/23 For Rent $1,050 0.0% --
07/17/2020 07/17/20 Sold $65,000 -12.8% $135 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $74,500 +40.6% $155 / Sq Ft
05/09/2019 05/09/19 Sold $53,000 +6.0% $110 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $50,000 -- $104 / Sq Ft
Source: Georgia 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
2024 $1,584 $44,858 $18,000 $26,858
2023 $1,402 $37,594 $13,500 $24,094
2022 $1,025 $32,147 $12,000 $20,147
2021 $857 $25,425 $9,000 $16,425
2020 $711 $21,107 $7,800 $13,307
2019 $423 $12,467 $7,800 $4,667
2018 $407 $11,982 $7,800 $4,182
2017 $403 $11,870 $7,800 $4,070
2016 $397 $11,682 $7,800 $3,882
2015 $397 $11,682 $7,800 $3,882
2014 $398 $11,683 $7,800 $3,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10545439

Georgia MLS

APN: 164C4-D-016