NOT LISTED FOR SALE

Estimated Value: $107,000 - $151,000

2 Beds
2 Baths
1,398 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $85,000 $61 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $735/month

1 Day on Market

About This Home

As of May 2024

MULTI FAMILY RESIDENTIAL ZONED OPPORTUNITY!
Welcome to this exceptional investment opportunity nestled on a corner lot in the highly sought-after Summerville (Hill Area), conveniently located at Central Avenue and Milledgeville Rd. Situated on a generous .182 acre lot, this property presents an ideal canvas for savvy investors or those seeking a unique residential setup in a prime location. This property features two separate 1 bedroom apartments, offering the versatility of dual rental income streams or the option to reside in one unit
while generating passive income from the other. Apartment 1 boasts a charming brick fireplace, adding character to the living space. Enjoy the convenience
of living within walking distance to Monte Sano Elementary School, perfect for families with young children. Additionally, the property's proximity to the medical district, downtown shopping, and dining destinations enhances its appeal for tenants or homeowners seeking convenience and accessibility. Property Highlights:
Corner lot location offering the possibility for lots of curb appeal.
.182 acre lot size provides ample outdoor space for relaxation or potential expansion
Close proximity to schools, medical facilities and colleges, and downtown amenities
Investment potential with the flexibility to customize and capitalize on rental income opportunities
Convenient access to major transportation routes for easy commuting Opportunity Awaits:
Whether you're an astute investor looking to expand your portfolio or a homeowner seeking supplemental income, this property presents a rare opportunity
to acquire a versatile asset in one of the most coveted neighborhoods. Don't miss your chance to make this property your own and unlock its full
potential! Schedule your private showing today to explore the possibilities and secure your investment in the Summerville area's thriving real estate market.
Due to extensive damage to the floor enter at your own risk and use all caution.

Last Agent to Sell the Property

Jeff Adams

Waldorf Real Estate Co. License #436760 Listed on: 04/30/2024

Last Buyer's Agent

Jeff Adams

Waldorf Real Estate Co. License #436760 Listed on: 04/30/2024

Home Details

Home Type

Single Family

Year Built

1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Single Family Residence
  • Appliances: See Remarks
  • Home Warranty: No
  • Original List Price: 75000.00
  • Accessibility Features: None
  • Architectural Style: See Remarks
  • Unit Levels: One
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Property Condition: Fixer
  • List Price Per Acre: 416666.67
  • Owner Suite On Main Y N: Yes
  • List Price Per Sqft: 53.65
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: See Remarks
  • Has Basement?: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Has Fireplace?: Yes
  • Total Bedrooms: 8
  • Room Types: Living Room, Primary Bedroom, Bedroom 2, Primary Bathroom, Bathroom 2, Kitchen
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 2.00
  • Attic Features: None

Exterior Features

  • Roof: Other
  • Has Private Pool?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Attached

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Heating: Fireplace(s), Other
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Additional Association Fee Frequency: Annually
  • Association Fees: 50.00
  • Has H O A?: Yes
  • Association Mandatory Y N: No

Schools

  • Elementary School: Monte Sano
  • High School: Richmond Academy
  • Middle Or Junior School: Langford

Lot Info

  • Lot Features: See Remarks
  • Lot Size Acres: 0.18
  • Lot Size: .182
  • Lot Size Sq Ft: 7927.92
  • Purchase Contract Date: 2024-05-01
  • Parcel#: 0442246000
  • Deed Book And Page: 00000
  • Permitted Use: Public

Rental Info

  • Appraiser: N/A

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 16, 2024
Sold by
Harrison Fred L
Bought by
Lyles Leesa and Lyles Thomas
Seller's Agent
Jeff Adams
Waldorf Real Estate Co.
Buyer's Agent
Jeff Adams
Waldorf Real Estate Co.
List Price
$75,000
Sold Price
$85,000
Premium/Discount to List
$10,000
13.33%
Views
32
Current Estimated Value
$122,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,528
Avg. Annual Appreciation
24.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lyles Leesa $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2024 05/20/24 Sold $85,000 +13.3% $61 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $75,000 -- $54 / Sq Ft
Source: Hive 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
2025 $1,211 $28,577 $23,192 $5,385
2024 $1,211 $28,107 $23,192 $4,915
2023 $1,131 $37,184 $23,192 $13,992
2022 $1,849 $38,430 $23,192 $15,238
2021 $1,592 $38,146 $23,192 $14,954
2020 $1,596 $36,529 $11,130 $25,399
2019 $1,683 $36,529 $11,130 $25,399
2018 $1,709 $36,529 $11,130 $25,399
2017 $1,608 $36,529 $11,130 $25,399
2016 $1,656 $36,529 $11,130 $25,399
2015 $1,751 $36,529 $11,130 $25,399
2014 $1,620 $36,529 $11,130 $25,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 528435

Hive MLS

APN: 0442246000