NOT LISTED FOR SALE

Estimated Value: $111,000 - $215,000

8 Beds
4 Baths
3,559 Sq Ft
$47/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $350,000 $98 Per Sq Ft

Current estimated payment $1,047/month

270 Days on Market

About This Home

As of June 2022

Located in Augusta, GA, is a 4 unit, single family home portfolio for sale, on three parcels. Built in 1951, there are three separate homes with one of the homes having two units. Recent updates happened in 2020 and it is important to note that this portfolio is in a growth market and with strategic planning for turns and keeping up with market rents, an owner could see substantial increase in rents for value add possibilities. Each unit is 2 bedrooms and 1 baths between 650-850 sq ft and one home is 1,200 sq ft. All four units are fully occupied with tenants in a lease. This property features covered and off street parking, fenced yards and some recent capital improvements like new paint, new flooring and refinished hardwoods in addition to a new electric panel in one of the homes and new hot water heater. All units are tenant occupied and we will only be able to show once under contract.

Last Agent to Sell the Property

Danielle Meikrantz

Meybohm Commercial Properties License #401159 Listed on: 08/06/2021

Meybohm Commercial Properties

Last Buyer's Agent

Danielle Meikrantz

Meybohm Commercial Properties License #401159 Listed on: 08/06/2021

Meybohm Commercial Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,775

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • 3,559 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Bayvale Elementary School
  • Murphy Middle School
  • Josey T W Comp. High School

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 0714013000

Community Details

Overview

  • 4 Units
  • Polo Court Subdivision

Building Details

  • Net Operating Income $21,426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,775

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Tax Year: 2020
  • Deed Book And Page: 1709 1539
  • Listing Member Name: Danielle Meikrantz
  • Listing Office Short Id: 673
  • Lot Size Acres: 0.1400
  • Lot Size: .44
  • New Construction: No
  • Open House Office I D: 20220208193527201000000000
  • Plat Book And Page: 18X50
  • Property Sub Type: Multi Family
  • Selling Member Short Id: 673_939
  • Selling Office Short Id: 673
  • Subdivision Name: Polo Court
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Street Number Modifier: 1975
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 8
  • Total Sqft: 3559.00

Exterior Features

  • Construction Type: Other

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Elementary School: Bayvale
  • Middle School: Murphy
  • High School: Josey T W Comp.

Lot Info

  • Parcel Number: 0714013000
  • Quadrant: 3RI
  • List Price per Acre: 2500000.0000

Rental Info

  • Tenant Pays: Electricity, Water

Tax Info

  • Tax Annual Amount: 2775.00

Multi Family

  • Income And Expenses Net Operating Income: 21426.00
  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Bayvale
  • High School: Josey T W Comp.
  • Middle School: Murphy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Jun 9, 2022
Sold by
Garden City Capital Llc
Bought by
Keyser Brian and Keyser Beth
Seller's Agent
Danielle Meikrantz
Meybohm Commercial Properties
Buyer's Agent
Danielle Meikrantz
Meybohm Commercial Properties
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$168,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,206
Avg. Annual Appreciation
-18.83%
Original Mortgage
$100,000
Outstanding Balance
$95,841
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$81,826

Purchase Details

Closed on
Mar 31, 2015
Sold by
Bobo Tony L
Bought by
Scenic Land Homes Llc

Purchase Details

Closed on
Aug 13, 2013
Sold by
Lawayne Tony Revocable Liv
Bought by
Bobo Tony L and Bobo Linda A

Purchase Details

Closed on
Feb 1, 2011
Sold by
Tate Scott and Tate Tamara
Bought by
Bobo Tony L Living Trust

Purchase Details

Closed on
Jan 28, 2005
Sold by
Tug Properties Llc
Bought by
Tate Scott and Tate Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 2002
Sold by
Vanburen Ronald Haskell
Bought by
Blackwell William W

Purchase Details

Closed on
Feb 1, 1987
Sold by
Clark Ted L
Bought by
Vanburen Ronald Haskell

Purchase Details

Closed on
May 22, 1986
Sold by
Crosby Irving
Bought by
Clark Ted L
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
Keyser Brian $145,000 --
Scenic Land Homes Llc $40,000 --
Bobo Tony L -- --
Bobo Tony L Living Trust -- --
Tate Scott $32,500 --
Tug Properties Llc $16,300 --
Blackwell William W $21,000 --
Vanburen Ronald Haskell $2,000 --
Clark Ted L $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keyser Brian $100,000
Previous Owner Tate Scott $34,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $350,000 0.0% $98 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
11/29/2021 11/29/21 For Sale $350,000 0.0% $98 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $350,000 +373.0% $98 / Sq Ft
12/13/2019 12/13/19 Sold $74,000 -16.9% $52 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $89,000 -- $63 / 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 $1,604 $32,868 $6,800 $26,068
2023 $1,604 $28,721 $6,800 $21,921
2022 $1,162 $16,287 $6,800 $9,487
2021 $1,203 $16,165 $6,800 $9,365
2020 $1,178 $15,637 $6,800 $8,837
2019 $1,212 $15,637 $6,800 $8,837
2018 $1,216 $15,637 $6,800 $8,837
2017 $1,093 $15,637 $6,800 $8,837
2016 $845 $15,637 $6,800 $8,837
2015 $849 $15,637 $6,800 $8,837
2014 $850 $15,637 $6,800 $8,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® of Greater Augusta

MLS Number: 473779

REALTORS® of Greater Augusta

APN: 0714013000