NOT LISTED FOR SALE

234 S Arnold St Kingsland, GA 31548

Estimated Value: $577,000 - $820,000

6 Beds
6 Baths
2,700 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $749,000 $277 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,809/month

126 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Kingsland Elementary School Rated A

About This Home

As of January 2024

Diversify your financial portfolio with a proven and successful rental property! If you are looking for an investment that is paying for itself and you, too, then look no further! These two duplexes are tenant occupied and are looking for an investor. Each of these newly built duplexes have a 3/2 and a 3/1 rentals. The 3/2 currently rents for 1800 per month and the 3/1 currently rents for 1400 per month. Which provides a 9% cap rate as a return on your investment. These homes are built with hardy board siding, and are equipped with all new appliances. They are located within minutes of I-95 and about 15 minutes from Kings Bay Naval Base. Don't miss your opportunity on this investment! 24-48 Hour notice is required to show. Total Square Footage in each Duplex is: Front duplex (2834) - Rear duplex (2842) - based off of the County site.

Last Agent to Sell the Property

Lynn Schultz

Atlantic Salt Realty License #420594 Listed on: 07/19/2023

Last Buyer's Agent

Carlie Parr (Prince)

St. Marys Realty Inc License #355941

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,650

Year Built

  • Built in 2021

Lot Details

  • 0.43

Parking

  • Assigned Parking

Home Design

  • Duplex
  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Schools

  • Kingsland Elementary School
  • Camden Middle School
  • Camden County High School

Additional Features

  • 0.43 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,650

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2021
  • Financing Type: Conventional 95%
  • Levels: One
  • Lot Size Acres: .43
  • Structure Type: Duplex, Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 1741860

Exterior Features

  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Central
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Kingsland
  • High School: Camden County
  • Middle School: Camden
  • Elementary School: Kingsland
  • Middle School: Camden
  • High School: Camden County

Lot Info

  • Deed Book: 1959
  • Deed Page: 754

Rental Info

  • Owner Pays: Other

Multi Family

  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Jan 8, 2024
Sold by
Kingsland Land Developement Inc
Bought by
Tran Pete
Seller's Agent
Lynn Schultz
Atlantic Salt Realty
Buyer's Agent
Carlie Parr (Prince)
St. Marys Realty Inc
List Price
$799,000
Sold Price
$749,000
Premium/Discount to List
-$50,000
-6.26%
Views
109
Current Estimated Value
$721,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,840
Avg. Annual Appreciation
-2.25%

Purchase Details

Closed on
Feb 12, 2019
Sold by
Smith Thomas L
Bought by
Kingsland Land Development Inc
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
Tran Pete $749,000 --
Kingsland Land Development Inc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Thomas L $15,264
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $749,000 0.0% $277 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $749,000 -6.3% $277 / Sq Ft
07/19/2023 07/19/23 For Sale $799,000 -- $296 / 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 $10,650 $308,789 $12,900 $295,889
2023 $8,149 $277,981 $8,600 $269,381
2022 $4,543 $127,064 $8,600 $118,464
2021 $330 $8,600 $8,600 $0
2020 $22 $4,400 $4,400 $0
2019 $175 $4,400 $4,400 $0
2018 $82 $10,104 $4,400 $5,704
2017 $250 $10,104 $4,400 $5,704
2016 $165 $10,104 $4,400 $5,704
2015 $240 $10,104 $4,400 $5,704
2014 $240 $10,104 $4,400 $5,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10182709

Georgia MLS

APN: K18-04-004