NOT LISTED FOR SALE

2406 Central Ave Augusta, GA 30904

Summerville Neighborhood

Estimated Value: $340,000

5 Beds
4 Baths
3,536 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2016

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

Est. 300% increase in value since last sale

Current estimated payment $2,149 / mo

584 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: 03/08/2014

Meybohm Real Estate - Wheeler

Last Buyer's Agent

Richard Brown

Sand Hills Properties License #264421

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 9,583

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

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

Additional Features

  • 9,583 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 4 Units
  • Summerville Subdivision

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Multi Family
  • Original List Price: 85000.00
  • Is New Construction?: No
  • List Price Per Acre: 386363.64
  • List Price Per Sqft: 24.03
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 4.00

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

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

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.20
  • Purchase Contract Date: 2015-10-13
  • Parcel#: 044-1-246-00-0
  • Deed Book And Page: 589 1864
  • Plat Book And Page: 0
  • Quadrant: 1RI

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • Appraiser: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 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
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,000
Avg. Annual Appreciation
14.44%

Purchase Details

Listed on
Mar 8, 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
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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
01/15/2016 01/15/16 Sold $85,000 -40.5% $24 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
03/08/2014 03/08/14 For Sale $142,900 -- $40 / Sq Ft
Source: Hive MLS

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 Real Estate - Wheeler

    (706) 481-3800

    52 in this area

    247 Total Sales

    Ann Marie McManus
    Section Image

  • R

    Buyer's Agent in 2016

    Richard Brown

    Sand Hills Properties

See All Agents

Map

Source: Hive MLS

MLS Number: 371194

Hive MLS

APN: 0441246000

Georgia Richmond County Augusta 30904 Summerville

2406 Central Ave, Augusta, GA

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