NOT LISTED FOR SALE

206 S Flora St La Fayette, GA 30728

Estimated Value: $211,494 - $275,000

-- Bed
4 Baths
1,664 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $215,000 $129 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,415/month

10 Days on Market

Highlights

  • No HOA
  • Living Room
  • Level Lot
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of March 2023

Attention investors looking for a turn key rental property. This Lafayette duplexes includes townhouse style 2 level units. Each unit is 2 bedroom 1.5 bath with living room and kitchen on main floor. Both units include laminate flooring in living room and bedrooms and tile flooring in kitchen and bathrooms. Both units are on a 1 year lease for 2023 with $900 per month and $850 per month rent. Since the property is tenant occupied there are no showings until and accepted offer. Offers to be submitted by Monday Jan 30th at 5 pm. Owner/Agent.

Last Agent to Sell the Property

Corey Ballew

REAL Broker License #332263 Listed on: 01/20/2023

Last Buyer's Agent

Comps Only

COMPS ONLY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 2006

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 90x134
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Gilbert Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1036 006d

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,531

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Lot Size: 90X134
  • Subdivision Name: None
  • Directions: From Lafayette: Head north toward E Villanow St, Turn left onto E Villanow St, Turn left at the 1st cross street onto South Main St, Turn right onto W Main St, Turn right onto N Flora St Duplex will be on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1664.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 1036 006d
  • Location Tax and Legal Elementary School: Gilbert Elementary School
  • Location Tax and Legal High School: LaFayette High
  • Location Tax and Legal:Tax Annual Amount: 1531.04
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Dimensions: 90X134
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: LaFayette Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Other
  • Foundation Details: Slab
  • Roof: Shingle
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Gilbert Elementary School
  • High School: LaFayette High
  • Middle Or Junior School: LaFayette Middle

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 1036 006d
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0

Tax Info

  • Tax Annual Amount: 1531.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 13, 2023
Sold by
Joint Venture Property Group Llc
Bought by
Leslie Douglas Michael
Seller's Agent
Corey Ballew
REAL Broker
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Views
13
Current Estimated Value
$239,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,874
Avg. Annual Appreciation
3.17%
Original Mortgage
$162,250
Outstanding Balance
$157,512
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$75,125

Purchase Details

Closed on
Jun 27, 2022
Sold by
Barnett Brian
Bought by
Joint Venture Property Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,200
Interest Rate
5.1%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Apr 27, 2009
Sold by
Barnett Brian
Bought by
Barnett Brian

Purchase Details

Closed on
Nov 4, 2008
Sold by
Not Provided
Bought by
Barnett Brian and Bonnie Barnett

Purchase Details

Closed on
Aug 4, 2006
Sold by
Not Provided
Bought by
Barnett Brian and Bonnie Barnett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
6.71%

Purchase Details

Closed on
Dec 16, 2005
Sold by
Not Provided
Bought by
Barnett Brian and Bonnie Barnett
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
Leslie Douglas Michael $215,000 --
Hometown Southern Estates Llc -- --
Joint Venture Property Grp Llc $159,000 --
Barnett Brian -- --
Barnett Brian $50,000 --
Barnett Brian -- --
Barnett Brian $119,500 --
Barnett Brian $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leslie Douglas Michael $162,250
Previous Owner Joint Venture Property Grp Llc $160,200
Previous Owner Barnett Brian $113,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $215,000 0.0% $129 / Sq Ft
02/05/2023 02/05/23 Off Market $215,000 -- --
01/26/2023 01/26/23 Price Changed $215,000 -4.4% $129 / Sq Ft
01/20/2023 01/20/23 For Sale $225,000 -- $135 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,781 $74,764 $5,744 $69,020
2023 $1,561 $71,092 $5,744 $65,348
2022 $1,591 $60,443 $4,411 $56,032
2021 $1,399 $47,642 $3,102 $44,540
2020 $1,152 $37,536 $3,102 $34,434
2019 $1,152 $37,536 $3,102 $34,434
2018 $1,117 $37,536 $3,102 $34,434
2017 $1,248 $37,536 $3,102 $34,434
2016 $1,035 $37,536 $3,102 $34,434
2015 $960 $33,172 $3,102 $30,070
2014 $924 $33,172 $3,102 $30,070
2013 -- $33,171 $3,101 $30,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1367813

Greater Chattanooga REALTORS®

APN: 1036-006D