NOT LISTED FOR SALE

Estimated Value: $670,783 - $693,000

5 Beds
5 Baths
4,983 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $615,000 $123 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,060/month

8 Days on Market

Highlights

  • 0.62 Acre Lot
  • Johnson Magnet Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

This large multi-unit home has all the charm and character! Sitting up on a hill from Central Ave in Augusta's iconic Summerville area, this house has 5 individual units with great rental history! It is fully furnished, turn-key and very well maintained. BRAND NEW roof (asphalt/shingle portion Dec. 2022). Each unit is separately metered, has individual HVAC units, and ample parking behind the house. The units are fully furnished and are rented as furnished rentals. GREAT Masters house! Tenants enjoy the large yard, the beautiful Southern style wraparound porch, tall ceilings, bright and open floor plans, and location (just up the hill from the Medical District). This is a fantastic house with great rental history and potential!

Last Agent to Sell the Property

Justin Harris

Red Tree Real Estate License #383030 Listed on: 01/12/2023

Last Buyer's Agent

Peter Larson

Summer House Realty License #377575

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,333

Year Built

  • Built in 1911

Lot Details

  • 0.62

Home Design

  • 4,983 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Schools

  • Monte Sano Elementary School
  • Langford Middle School
  • Richmond Academy High School

Additional Features

  • 0.62 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • 5 Units
  • Summerville Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 0441091000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,333

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Deed Book And Page: 1670 742
  • Listing Member Name: Justin David Harris
  • Listing Office Short Id: 530
  • Lot Size Acres: 0.6200
  • New Construction: No
  • Open House Office I D: 20220208194105926057000000
  • Plat Book And Page: 24P 270
  • Property Sub Type: Multi Family
  • Selling Member Short Id: 486_481
  • Selling Office Short Id: 486
  • Subdivision Name: Summerville
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Street Number Modifier: 2419
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Total Sqft: 4983.00

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

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

Lot Info

  • Parcel Number: 0441091000
  • List Price per Acre: 991935.4800

Rental Info

  • Tenant Pays: Cable TV

Tax Info

  • Tax Annual Amount: 4332.54

Multi Family

  • Number Of Units Total: 5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 10, 2023
Sold by
Shade Tree Hospitality Llc
Bought by
2419 Central Llc
Seller's Agent
Justin Harris
Red Tree Real Estate
Buyer's Agent
Peter Larson
Summer House Realty
List Price
$615,000
Sold Price
$615,000
Views
98
Current Estimated Value
$681,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,892
Avg. Annual Appreciation
3.87%
Original Mortgage
$400,000
Outstanding Balance
$298,249
Interest Rate
6.12%
Mortgage Type
Mortgage Modification
Estimated Equity
$378,058

Purchase Details

Listed on
Sep 24, 2018
Closed on
Mar 15, 2019
Sold by
Rabin Florence
Bought by
Shade Tree Hospitality Llc
Seller's Agent
Edwin Douglass
Blanchard & Calhoun - Scott Nixon
Buyer's Agent
Justin Harris
Red Tree Real Estate
List Price
$425,000
Sold Price
$325,000
Premium/Discount to List
-$100,000
-23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%
Original Mortgage
$260,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 1998
Sold by
Fishman Hannah Gillman
Bought by
Rabin Florence
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
2419 Central Llc $615,000 --
Shade Tree Hospitality Llc $325,000 --
Rabin Florence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2419 Central Llc $400,000
Previous Owner Shade Tree Hospitality Llc $260,000
Previous Owner Rabin Florence $208,081
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $615,000 0.0% $123 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $615,000 +89.2% $123 / Sq Ft
03/15/2019 03/15/19 Sold $325,000 -23.5% $65 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
09/24/2018 09/24/18 For Sale $425,000 -- $85 / 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 $4,477 $109,800 $27,007 $82,793
2023 $4,477 $154,200 $27,007 $127,193
2022 $5,171 $127,500 $27,007 $100,493
2021 $5,561 $88,230 $27,007 $61,223
2020 $5,490 $88,230 $27,007 $61,223
2019 $4,329 $88,230 $27,007 $61,223
2018 $4,357 $88,230 $27,007 $61,223
2017 $4,232 $88,230 $27,007 $61,223
2016 $4,233 $86,335 $0 $0
2015 $4,091 $86,335 $0 $0
2014 $4,646 $86,335 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® of Greater Augusta

MLS Number: 511158

REALTORS® of Greater Augusta

APN: 0441091000