NOT LISTED FOR SALE

Estimated Value: $257,737 - $468,000

4 Beds
4 Baths
3,383 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $120,000 $35 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,125/month

29 Days on Market

Highlights

  • 0.39 Acre Lot
  • Forced Air Heating and Cooling System
  • 5-minute walk to May Park
  • Johnson Magnet Rated 10

About This Home

As of July 2015

Olde Towne Quadplex with historic charm and many period features that was the former residence of John S Davidson, the namesake of Davidson Fine Arts Magnet School. There have been recent updates including renovated kitchen with upgraded cabinetry in the main apartment. This area maintains a high occupancy rates and these units will be easy rentals with consistent income. Combined income will be $2000-$2200 per month. There are 3 units in the main house and one unit in the rear portion of the home. The front main unit is large and has potential to be a 2BR. All of this on a nice lot with circular driveway and plenty of parking. Priced at $35,000 per unit which is an excellent price for limited multifamily opportunities in the Augusta area.

Last Agent to Sell the Property

Andrew Ackerman

Vandermorgan Realty License #349007 Listed on: 05/21/2015

Last Buyer's Agent

Andrew Ackerman

Vandermorgan Realty License #349007 Listed on: 05/21/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1891

Lot Details

  • 0.39

Home Design

  • 3,383 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Craig-Houghton Elementary School
  • W S Hornsby Middle School
  • Lucy Laney High School

Additional Features

  • 0.39 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units
  • Old Towne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0474254000

Property Details

Home Type

Multi-Family

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Tax Year: 2013
  • Deed Book And Page: 1461 942
  • Listing Member Name: Andrew Ackerman
  • Listing Office Short Id: 149
  • Lot Size Acres: 0.3900
  • New Construction: No
  • Open House Office I D: 20220208193448758078000000
  • Plat Book And Page: 164/2008
  • Property Sub Type: Multi Family
  • Selling Member Short Id: 149_178
  • Selling Office Short Id: 149
  • Subdivision Name: Old Towne
  • Year Built: 1891
  • Special Features: None

Interior Features

  • Street Number Modifier: 246
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Total Sqft: 3383.00

Exterior Features

  • Construction Type: Other

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Craig-Houghton
  • Middle School: W S HORNSBY
  • High School: Lucy Laney

Lot Info

  • Parcel Number: 0474254000
  • Quadrant: 2RI
  • List Price per Acre: 330769.2300

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Craig-Houghton
  • High School: Lucy Laney
  • Middle School: W S HORNSBY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 24, 2015
Sold by
Bassali Rafik
Bought by
Mullins Properties Llc
Seller's Agent
Andrew Ackerman
Vandermorgan Realty
Buyer's Agent
Andrew Ackerman
Vandermorgan Realty
List Price
$139,900
Sold Price
$120,000
Premium/Discount to List
-$19,900
-14.22%
Current Estimated Value
$362,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,869
Avg. Annual Appreciation
11.57%
Original Mortgage
$96,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
May 19, 2014
Closed on
Oct 28, 2014
Sold by
Secretary Of Veterans Affairs
Bought by
Bassali Rafik
Seller's Agent
Justin Bolin
Vandermorgan Realty
Buyer's Agent
Andrew Ackerman
Vandermorgan Realty
List Price
$100,000
Sold Price
$78,250
Premium/Discount to List
-$21,750
-21.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.21%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 28, 2006
Sold by
Leiden Terry
Bought by
Hines Karen L and Hines Billy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,590
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 1986
Sold by
Batchelor Thomas J
Bought by
Leiden Terry

Purchase Details

Closed on
Dec 29, 1983
Sold by
Whitley Kurt E
Bought by
Batchelor Thomas J

Purchase Details

Closed on
May 24, 1983
Sold by
Laney Elsie M
Bought by
Whitley Kurt E

Purchase Details

Closed on
Apr 16, 1982
Sold by
Laney Hugh W
Bought by
Laney Elsie M

Purchase Details

Closed on
Sep 11, 1979
Sold by
Laney Hugh W
Bought by
Laney Elsie M Int

Purchase Details

Closed on
Jun 4, 1971
Sold by
Young Jessie P
Bought by
Laney Hugh W

Purchase Details

Closed on
Aug 19, 1966
Sold by
Mattison Tallulah G
Bought by
Laney Hugh W
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
Mullins Properties Llc $120,000 --
Mullins Properties Llc $120,000 --
Bassali Rafik $78,250 --
Secretary Of Veterans Affairs $130,127 --
Wells Fargo Bank Na $130,127 --
Hines Karen L $167,000 None Available
Leiden Terry $42,500 --
Batchelor Thomas J $35,200 --
Whitley Kurt E $36,000 --
Laney Elsie M -- --
Laney Elsie M Int -- --
Laney Hugh W -- --
Laney Hugh W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mullins Properties Llc $800,000
Closed Mullins Properties Llc $96,000
Previous Owner Hines Karen L $170,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $120,000 -14.2% $35 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $139,900 +78.8% $41 / Sq Ft
10/28/2014 10/28/14 Sold $78,250 -21.8% $23 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $100,000 0.0% $30 / Sq Ft
09/18/2013 09/18/13 Rented $390 -35.0% --
07/19/2013 07/19/13 Rented $600 -- --
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 -- $123,111 $4,782 $118,329
2023 $1,776 $35,134 $4,782 $30,352
2022 $1,900 $36,299 $4,784 $31,515
2021 $2,010 $36,299 $4,784 $31,515
2020 $1,989 $36,299 $4,784 $31,515
2019 $2,076 $36,299 $4,784 $31,515
2018 $2,087 $36,299 $4,784 $31,515
2017 $1,973 $36,299 $4,784 $31,515
2016 $2,018 $44,168 $4,784 $39,384
2015 $1,960 $34,322 $4,784 $29,538
2014 $2,851 $60,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® of Greater Augusta

MLS Number: 386913

REALTORS® of Greater Augusta

APN: 0474254000