$115,000
SOLD FEB 28, 2025
-- Bed
-- Bath
784 Sq Ft
0.29 Acres

Recently Sold

$147 Per Sq Ft

23% Below List Price

78 Days on Market

About This Home

As of February 2025

Calling all Investors! Here is your chance to purchase a 5 unit property with 3 current leases already in place plus 2 additional units that can be renovated to provide that additional income later. Seller says bring all CASH offers. PLEASE DO NOT DISTURB THE TENANTS!

Last Agent to Sell the Property

Jerrod Otting

Keller Williams Middle Georgia License #372810 Listed on: 11/16/2024

Keller Williams Middle Georgia

Last Buyer's Agent

Haseena Young

Solutions First Realty LLC License #373454

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1940

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Crawl Space

Parking

  • 5 Parking Spaces
  • Parking Pad

Schools

  • Ingram Pye Elementary School
  • Ballard Hudson Middle School
  • Central High School

Additional Features

  • 0.29 Acre Lot
  • Window Unit Cooling System

Listing and Financial Details

  • The owner pays for garbage, water

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,018

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Financing Type: Other
  • Levels: One and One Half
  • Lot Size Acres: .29
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Pillar/Post/Pier, Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 5

Utilities

  • Cooling: Window Unit(s)
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ingram Pye
  • High School: Central
  • Middle School: Ballard Hudson
  • Elementary School: Ingram Pye
  • Middle School: Ballard Hudson
  • High School: Central

Lot Info

  • Deed Book: 11464
  • Deed Page: 360
  • Plat Book: 8
  • Plat Page: 27

Rental Info

  • Owner Pays: Garbage, Water

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1017.53

Multi Family

  • GrossIncome: 1500
  • NumberOfUnitsTotal: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Feb 28, 2025
Sold by
Hand Me Down Real Estate Investment Llc
Bought by
2454 Houston Llc
Seller's Agent
Jerrod Otting
Keller Williams Middle Georgia
Buyer's Agent
Haseena Young
Solutions First Realty LLC
List Price
$150,000
Sold Price
$115,000
Premium/Discount to List
-$35,000
-23.33%
Views
101
Current Estimated Value
$113,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,266
Avg. Annual Appreciation
6.54%
Original Mortgage
$164,000
Outstanding Balance
$150,769
Interest Rate
7.04%
Mortgage Type
Construction
Estimated Equity
-$32,968

Purchase Details

Listed on
Aug 12, 2022
Closed on
Aug 22, 2022
Sold by
Marshland Investments Llc
Bought by
Williams Jeremy B
Seller's Agent
Shelby Wright
Keller Williams Realty Middle Georgia
Buyer's Agent
Brokered Agent
Brokered Sale
List Price
$60,000
Sold Price
$65,000
Premium/Discount to List
$5,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.41%

Purchase Details

Closed on
Oct 23, 2006
Sold by
Mealor Properties Llc
Bought by
Jim Hardin & Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 18, 2003

Purchase Details

Closed on
Mar 4, 2003
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 Type Sale Price Title Company
Special Warranty Deed $115,000 None Listed On Document
Special Warranty Deed $115,000 None Listed On Document
Special Warranty Deed $65,000 --
Warranty Deed $80,000 --
Warranty Deed $35,000 --
Deed $25,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,000 Construction
Closed $164,000 Construction
Previous Owner $226,000 Unknown
Previous Owner $55,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $115,000 -23.3% $147 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
11/16/2024 11/16/24 For Sale $150,000 +130.8% $191 / Sq Ft
08/22/2022 08/22/22 Sold $65,000 +8.3% $83 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $60,000 -- $77 / 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 $1,018 $40,066 $24,900 $15,166
2023 $660 $40,066 $24,900 $15,166
2022 $544 $15,710 $5,602 $10,108
2021 $597 $15,710 $5,602 $10,108
2020 $610 $15,710 $5,602 $10,108
2019 $615 $15,710 $5,602 $10,108
2018 $1,842 $15,710 $5,602 $10,108
2017 $589 $15,710 $5,602 $10,108
2016 $544 $15,710 $5,602 $10,108
2015 $1,651 $33,708 $5,602 $28,105
2014 $1,898 $33,708 $5,602 $28,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10414682

Georgia MLS

APN: Q083-0670