Seller's Agent in 2022
Adelle Dennis
Rex Property & Land, Llc
(706) 722-4962
5 in this area
17 Total Sales
248 Broad St Augusta, GA 30901
Olde Town-Pinched Gut NeighborhoodEstimated Value: $224,000 - $1,406,000
18
Beds
16
Baths
11,793
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Community Playground
- Central Air
- 0.69 Acre Lot
- Park
- Ceiling Fan
About This Home
As of August 2022Ride the wave of a resurgent downtown Augusta to higher investment returns with this landmark property! Broad Street Commons is located in the heart of Olde Town, a short walk from the Savannah River and many of the city's most dynamic employers, entertainment venues, restaurants and museums. Broad Street Commons is a handsome collection of five early 19th century homes containing 12 residential apartment units with shared off-street parking. Property includes 234, 238, 244, 246, & 248 Broad Street. The Commons have a strong history of high occupancy and increasing rents. Broad Street Commons was honored in 2016 with a Preservation Easement held by Historic Augusta, Inc. Over 20-years of increasing rents offering a great inflation hedgeContinuously upgraded to maintain competitiveness in marketplace;Strong occupancy history;1031 exchange ready; Seller has additional multifamily properties available nearby
Last Agent to Sell the Property
Rex Property & Land, Llc License #308999 Listed on: 04/14/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,209
Year Built
- Built in 1921
Lot Details
- 0.69 Acre Lot
- Lot Dimensions are 10x10
Parking
- Parking Pad
Interior Spaces
- 11,793 Sq Ft Home
- Ceiling Fan
Bedrooms and Bathrooms
- 18 Bedrooms
- 16 Full Bathrooms
Schools
- Lamar Elementary School
- Hornsby Ws Middle School
- Lucy Laney High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 0472220000
Community Details
Overview
- 12 Units
- Old Towne Subdivision
Recreation
- Boat Ramp
- Community Playground
- Park
- Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2022
Closed on
Jul 29, 2022
Sold by
Rex Augusta Llc
Bought by
Muller Roy E
Seller's Agent
Adelle Dennis
Rex Property & Land, Llc
Buyer's Agent
Adelle Dennis
Rex Property & Land, Llc
List Price
$1,480,000
Sold Price
$1,300,000
Premium/Discount to List
-$180,000
-12.16%
Total Days on Market
30
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
-$303,260
Avg. Annual Appreciation
-8.90%
Original Mortgage
$911,819
Outstanding Balance
$713,677
Interest Rate
5.3%
Mortgage Type
Mortgage Modification
Estimated Equity
$281,308
Purchase Details
Closed on
Dec 14, 2021
Sold by
Rex Augusta Llc
Bought by
Csra Foundation Property Holdings Inc
Purchase Details
Closed on
Feb 7, 1997
Sold by
Broad Street Commons Bates William B
Bought by
King Paul G
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Muller Roy E | $1,300,000 | -- | |
| Csra Foundation Property Holdings Inc | -- | -- | |
| King Paul G | $200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Muller Roy E | $911,819 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2022 08/02/22 | Sold | $1,300,000 | -12.2% | $110 / Sq Ft |
| 05/14/2022 05/14/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $1,480,000 | -- | $125 / Sq Ft |
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 | $13,650 | $473,160 | $9,528 | $463,632 |
| 2023 | $13,650 | $488,228 | $9,528 | $478,700 |
| 2022 | $15,839 | $517,945 | $9,528 | $508,417 |
| 2021 | $6,147 | $183,034 | $9,558 | $173,476 |
| 2020 | $5,105 | $154,553 | $9,558 | $144,995 |
| 2019 | $5,530 | $156,201 | $11,228 | $144,973 |
| 2018 | $5,581 | $156,201 | $11,228 | $144,973 |
| 2017 | $9,275 | $156,201 | $11,228 | $144,973 |
| 2016 | $9,278 | $156,200 | $11,228 | $144,973 |
| 2015 | $9,318 | $156,200 | $11,228 | $144,973 |
| 2014 | $9,324 | $156,200 | $11,228 | $144,973 |
Source: Public Records
Agents Affiliated with this Home
-
Adelle Dennis
-
Paul King
Seller Co-Listing Agent in 2022
Paul King
Rex Property & Land, Llc
(706) 723-9572
1 in this area
1 Total Sale
Map
Source: REALTORS® of Greater Augusta
MLS Number: 500726
APN: 0472220000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes