Seller's Agent in 2022
Adelle Dennis
Rex Property & Land, LLC
(706) 722-4962
6 in this area
16 Total Sales
248 Broad St Augusta, GA 30901
Olde Town-Pinched Gut NeighborhoodEstimated Value: $373,000 - $1,423,000
18
Beds
16
Baths
11,793
Sq Ft
$89/Sq Ft
Est. Value
Highlights
- 0.69 Acre Lot
- Central Air
- Heating System Uses Natural Gas
- Johnson Magnet Rated A-
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 hedge
Continuously 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
Year Built
- Built in 1921
Lot Details
- 30,056 Sq Ft Lot
- Lot Dimensions are 10x10
Parking
- Parking Pad
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
Community Details
- 12 Units
- Old Towne Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- The owner pays for grounds care, trash collection, water
- Assessor Parcel Number 0472220000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2022
Closed on
Jul 29, 2022
Sold by
Bought by
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%
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
-$284,485
Avg. Annual Appreciation
-5.37%
Original Mortgage
$911,819
Interest Rate
0.053%
Mortgage Type
Mortgage Modification
Purchase Details
Closed on
Dec 14, 2021
Sold by
Bought by
Purchase Details
Closed on
Sep 2, 2009
Sold by
Bought by
Purchase Details
Closed on
Feb 7, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,300,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| $200 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $911,819 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | Off Market | $1,300,000 | -- | -- |
| 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 | 0.0% | $125 / Sq Ft |
| 11/26/2015 11/26/15 | Rented | $695 | 0.0% | -- |
| 11/26/2015 11/26/15 | For Rent | $695 | -- | -- |
Source: Hive MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $13,968 | $482,616 | $9,528 | $473,088 |
| 2024 | $13,968 | $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
2 Total Sales
-
M
Seller's Agent in 2015
Mark Sims
Rex Property & Land, LLC
Map
Source: Hive MLS
MLS Number: 500726
APN: 0472220000
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Information is deemed reliable but not guaranteed.
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