NOT LISTED FOR SALE

2406 Central Ave Augusta, GA 30904

Summerville Neighborhood

Estimated Value: $412,000

5 Beds
4 Baths
3,536 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $85,000 $24 Per Sq Ft

Est. 385% increase in value since last sale

Current estimated payment $2,498/month

About This Home

Looking to create passive income? RIPE FOR RESTORATION on a picturesque tree lined avenue just two blocks from the Summerville campus of GRU, this charmer is sure to stay fully occupied. Own these four units each with their own entrance, kitchen, and full BA. Total recent rents of $1850/ month with some repairs or bring her back to her 1930 splendor and bring rents up to top market rates. Excellent parking lot with entrance off Heath Street. Don't miss the opportunity to own this Historic Beauty today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2016
Sold by
Wang Sheng Yi
Bought by
2406 Central Avenue Llc
Current Estimated Value
$412,000

Purchase Details

Closed on
Jan 15, 2016
Sold by
Mays Sam
Bought by
Wang Sheng Yi and Wang Patricia Del Risario

Purchase Details

Closed on
Mar 20, 1998
Sold by
Healy John
Bought by
Mays Sam W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1992
Sold by
Williams Lucien Boardman J Dickey
Bought by
Healy John

Purchase Details

Closed on
Sep 15, 1992
Sold by
Williams Lucien
Bought by
Healy John

Purchase Details

Closed on
Oct 31, 1991
Sold by
Waters William D
Bought by
Williams Lucien Boardman J Dickey

Purchase Details

Closed on
Oct 28, 1991
Sold by
Waters William D
Bought by
Williams Lucien
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
2406 Central Avenue Llc -- --
Wang Sheng Yi $190,000 --
Mays Sam W $112,500 --
Healy John -- --
Healy John $68,500 --
Williams Lucien Boardman J Dickey -- --
Williams Lucien $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mays Sam W $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2016 01/15/16 Sold $85,000 -40.5% $24 / Sq Ft View Prior Sale
10/13/2015 10/13/15 Pending -- -- --
03/07/2014 03/07/14 For Sale $142,900 -- $40 / Sq Ft

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 $4,302 $86,745 $9,583 $77,162
2024 $4,302 $112,435 $9,583 $102,852
2023 $4,633 $88,819 $9,583 $79,236
2022 $2,736 $45,360 $9,583 $35,777
2021 $2,855 $32,772 $9,583 $23,189
2020 $2,831 $32,772 $9,583 $23,189
2019 $2,783 $40,501 $9,583 $30,918
2018 $3,708 $38,073 $9,583 $28,490
2017 $2,654 $38,073 $9,583 $28,490
2016 $3,588 $66,004 $0 $0
2015 $3,605 $66,004 $0 $0
2014 $2,800 $66,004 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann Marie McManus

    Seller's Agent in 2016

    Ann Marie McManus

    Meybohm

    (706) 481-3800

    55 in this area

    239 Total Sales

    Ann Marie McManus
    Section Image

  • R

    Buyer's Agent in 2016

    Richard Brown

    Sand Hills Properties

    (706) 231-6764

    1 in this area

    4 Total Sales

    Richard Brown
    Section Image
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Map

Georgia Richmond County Augusta 30904 Summerville

2406 Central Ave, Augusta, GA

Not Listed for Sale

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