NOT LISTED FOR SALE

2406 Central Ave Augusta, GA 30904

Summerville Neighborhood

Estimated Value: $351,000

5 Beds
4 Baths
3,536 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 15, 2016

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

Est. 313% increase in value since last sale

Current estimated payment $2,325/month

585 Days on Market

About This Home

As of January 2016

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!

Last Agent to Sell the Property

Ann Marie McManus

Meybohm Real Estate - Wheeler License #104945 Listed on: 03/07/2014

Meybohm Real Estate - Wheeler

Last Buyer's Agent

Richard Brown

Sand Hills Properties License #264421

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,633

Year Built

  • Built in 1930

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • 3,536 Sq Ft Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Lamar Elementary School
  • Langford Middle School
  • Richmond Academy High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 4 Units
  • Summerville Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 044-1-246-00-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,633

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Deed Book And Page: 589 1864
  • Listing Member Name: Ann Marie McManus
  • Listing Office Short Id: 35
  • Lot Size Acres: 0.2200
  • New Construction: No
  • Open House Office I D: 20220208193443524901000000
  • Property Sub Type: Multi Family
  • Selling Member Short Id: 49_7
  • Selling Office Short Id: 49
  • Subdivision Name: Summerville
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Street Number Modifier: 2406
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Total Sqft: 3536.00

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Lamar
  • Middle School: Langford
  • High School: Richmond Academy

Lot Info

  • Parcel Number: 044-1-246-00-0
  • Quadrant: 1RI
  • List Price per Acre: 386363.6400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Lamar
  • High School: Richmond Academy
  • Middle School: Langford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
Mar 11, 2016
Sold by
Wang Sheng Yi
Bought by
2406 Central Avenue Llc
Seller's Agent
Ann Marie McManus
Meybohm Real Estate - Wheeler
Buyer's Agent
Richard Brown
Sand Hills Properties
List Price
$142,900
Sold Price
$85,000
Premium/Discount to List
-$57,900
-40.52%
Current Estimated Value
$351,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,000
Avg. Annual Appreciation
19.72%

Purchase Details

Listed on
Mar 7, 2014
Closed on
Jan 15, 2016
Sold by
Mays Sam
Bought by
Wang Sheng Yi and Wang Patricia Del Risario
Seller's Agent
Ann Marie McManus
Meybohm Real Estate - Wheeler
Buyer's Agent
Richard Brown
Sand Hills Properties
List Price
$142,900
Sold Price
$85,000
Premium/Discount to List
-$57,900
-40.52%

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:

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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
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 Samuel W $88,400
Previous Owner Mays Sam W $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $85,000 -40.5% $24 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
03/07/2014 03/07/14 For Sale $142,900 -- $40 / Sq Ft
Source: REALTORS® of Greater Augusta

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 $4,633 $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

    58 in this area

    234 Total Sales

    Section Image

  • R

    Buyer's Agent in 2016

    Richard Brown

    Sand Hills Properties

    (706) 231-6764

    1 in this area

    5 Total Sales

    Section Image
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Map

Source: REALTORS® of Greater Augusta

MLS Number: 371194

REALTORS® of Greater Augusta

APN: 0441246000

Georgia Richmond County Augusta 30904 Summerville

2406 Central Ave, Augusta, GA

This home is located at 2406 Central Ave, Augusta, GA 30904 since 07 March 2014 and is currently estimated at $351,000, approximately $99 per square foot. This property was built in 1930. 2406 Central Ave is a home located in Richmond County with nearby schools including Monte Sano Elementary School, Langford Middle School, and Johnson Magnet.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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