NOT LISTED FOR SALE

220 Meadowbrook Ct Fayetteville, GA 30215

Estimated Value: $466,738 - $542,000

-- Bed
2 Baths
2,976 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $525,000 $176 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,920/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan
  • Spring Hill Elementary School Rated A-

About This Home

As of October 2024

Investment Opportunity. Quadruplex in Fayetteville! Each unit has two bedrooms and 1.5 bathrooms. Unit A was recently renovated and is currently vacant. Unit D was renovated two years ago and is currently occupied, rent $1,340. Units B and C are occupied, rent is $1,060 per unit. This property has been well taken care of.

Last Agent to Sell the Property

James Lester

Tri-City Realty Brokerage Phone: 6782947752 License #411432 Listed on: 10/03/2024

Last Buyer's Agent

James Lester

Tri-City Realty Brokerage Phone: 6782947752 License #411432 Listed on: 10/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 1982 | Remodeled

Parking

  • Parking Pad

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Schools

  • Spring Hill Elementary School
  • Bennetts Mill Middle School
  • Fayette County High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $56,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,580

Year Built

Built in 1982 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1982
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .00
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Spring Hill
  • High School: Fayette County
  • Middle School: Bennetts Mill

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3579.74

Multi Family

  • GrossIncome: 56640
  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 25, 2024
Sold by
Martin Family Limited Partnership 2
Bought by
Barnard Properties 2 Llc
Seller's Agent
James Lester
Tri-City Realty
Buyer's Agent
James Lester
Tri-City Realty
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Views
57
Current Estimated Value
$498,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,065
Avg. Annual Appreciation
-4.96%
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
Barnard Properties 2 Llc $525,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $525,000 +5.0% $176 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $500,000 0.0% $168 / Sq Ft
12/17/2013 12/17/13 Rented $600 0.0% --
11/17/2013 11/17/13 Under Contract -- -- --
11/01/2013 11/01/13 For Rent $600 0.0% --
05/21/2012 05/21/12 Rented $600 0.0% --
04/21/2012 04/21/12 Under Contract -- -- --
01/27/2012 01/27/12 For Rent $600 -- --
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 $3,637 $122,380 $24,160 $98,220
2023 $3,580 $117,600 $24,160 $93,440
2022 $3,089 $101,640 $17,600 $84,040
2021 $2,582 $83,880 $14,000 $69,880
2020 $2,359 $76,280 $14,000 $62,280
2019 $2,296 $73,520 $14,000 $59,520
2018 $2,180 $69,080 $14,000 $55,080
2017 $1,924 $64,360 $14,000 $50,360
2016 $1,854 $60,680 $12,800 $47,880
2015 $1,757 $56,480 $12,800 $43,680
2014 $1,648 $52,000 $12,800 $39,200
2013 -- $51,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10389273

Georgia MLS

APN: 05-24-08-013