NOT LISTED FOR SALE

Estimated Value: $209,000 - $273,091

4 Beds
2 Baths
1,624 Sq Ft
$142/Sq Ft Est. Value

Last Sold February 04, 2020

Last sale price $115,000 $71 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,451/month

100 Days on Market

Highlights

  • 0.48 Acre Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of February 2020

Fully rented!! Well-maintained 4BR/2BA duplex in East Athens. Metal roof installed in 2018. Unit A was recently rented for $650 per month and Unit B is leased through September 2020 for $550 per month. Adjusting for current taxes, insurance, and annual expenses the cap rate is 9.87%. Call today for more information!

Last Agent to Sell the Property

Heather Fletcher

H.M. Fletcher Real Estate License #368946 Listed on: 09/06/2019

Last Buyer's Agent

Sean Hayes

Virtual Properties Realty.com License #377427

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $848

Year Built

  • Built in 1966

Lot Details

  • 0.48 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crawl Space

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for garbage

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$848

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .48
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: None, Off Street

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Central, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • 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: Garbage

Tax Info

  • Year: 2018
  • Tax Annual Amount: 847.63

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Feb 4, 2020
Sold by
Silver Path Llc
Bought by
Macias Leonardo
Seller's Agent
Heather Fletcher
H.M. Fletcher Real Estate
Buyer's Agent
Sean Hayes
Virtual Properties Realty.com
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Total Days on Market
100
Current Estimated Value
$231,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,273
Avg. Annual Appreciation
13.89%
Original Mortgage
$86,250
Outstanding Balance
$77,176
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$154,097

Purchase Details

Closed on
Jul 31, 2018
Sold by
Gryffon Investments Llc
Bought by
Silver Path Llc

Purchase Details

Closed on
Feb 28, 2002
Sold by
Bond Bond C and Bond Dorrie R
Bought by
Bond Jtor Bond C and Bond Bond

Purchase Details

Closed on
Nov 15, 2001
Sold by
Bond Dorrie J
Bought by
Bond Jtor Bond C and Bond Bond

Purchase Details

Closed on
Sep 30, 1998
Sold by
Glenn James C
Bought by
Bond Dorrie J
Source: Public Records

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Range of Values:

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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
Macias Leonardo $115,000 --
Silver Path Llc $85,680 --
Bond Jtor Bond C -- --
Bond Jtor Bond C -- --
Bond Dorrie J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macias Leonardo $86,250
Previous Owner Bond C Herbert $110,031
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Sold $115,000 -8.0% $71 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $125,000 -- $77 / 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 $2,691 $86,114 $12,000 $74,114
2023 $2,691 $77,269 $12,000 $65,269
2022 $2,291 $71,816 $10,400 $61,416
2021 $1,550 $47,844 $8,000 $39,844
2020 $1,549 $45,965 $8,000 $37,965
2019 $1,164 $34,272 $8,000 $26,272
2018 $848 $24,967 $8,000 $16,967
2017 $847 $24,957 $8,000 $16,957
2016 $665 $23,364 $8,000 $15,364
2015 $810 $23,834 $8,000 $15,834
2014 $832 $24,432 $8,000 $16,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8698740

Georgia MLS

APN: 234C1-C-027