246 Telfair St Augusta, GA 30901
Olde Town-Pinched Gut Neighborhood
4
Beds
4
Baths
3,383
Sq Ft
0.39
Acres
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 2015Olde 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
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
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
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
Similar Homes in Augusta, GA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | -- | |
| Deed | $120,000 | -- | |
| Special Warranty Deed | $78,250 | -- | |
| Warranty Deed | $130,127 | -- | |
| Foreclosure Deed | $130,127 | -- | |
| Warranty Deed | $167,000 | None Available | |
| Deed | $42,500 | -- | |
| Deed | $35,200 | -- | |
| Deed | $36,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $800,000 | Commercial | |
| Closed | $96,000 | Commercial | |
| Previous Owner | $170,590 | Commercial |
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
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
-
A
Seller's Agent in 2015
Andrew Ackerman
Vandermorgan Realty
-
Justin Bolin
Seller's Agent in 2014
Justin Bolin
Vandermorgan Realty
(706) 627-2726
2 in this area
731 Total Sales
-
H
Seller's Agent in 2013
Heather Farmer
Better Homes & Gardens Executive Partners
Map
Source: REALTORS® of Greater Augusta
MLS Number: 386913
APN: 0474254000
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