NOT LISTED FOR SALE

248 Margaret Ave Columbus, GA 31903

Estimated Value: $63,000 - $78,000

4 Beds
3 Baths
1,167 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $50,000 $43 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $488/month

21 Days on Market

Highlights

  • 1-Story Property
  • Central Heating
  • Ceiling Fan
  • Property is near shops

About This Home

As of November 2021

Amazing INVESTOR opportunity in Columbus. Solid 4 sided brick duplex being sold as is at $60k. . Home is rent ready Unit A, 1 bedroom, 1 bath, Unit B spacious 2 bedroom, 1 bath. New roof added in 2020. Quiet back yard provides extra comfort. New carpet and paint in unit B. Tenant just moved out less than a week. Both units are cooled by window units. Both units are currently vacant and rent potential $500 (B) 400(A)=900.00 respectively. Priced to sell!

Last Agent to Sell the Property

Tommy Mattison

MRB Legacy Realty License #370325 Listed on: 09/17/2021

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1947

Lot Details

  • 7,405

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Schools

  • Martin Luther King Jr Elementary School
  • Baker Middle School
  • Carver Magnet High School

Utilities

  • Window Unit Cooling System
  • Central Heating

Additional Features

  • 7,405 Sq Ft Lot
  • Property is near shops

Community Details

  • 2 Units
  • Andrews Woods Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .17
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Other, Ceiling Fan(s), Window Unit(s)
  • Heating: Electric, Central
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Walk To Shopping

Schools

  • Elementary School: Martin Luther King Jr
  • High School: Carver Magnet
  • Middle School: Baker
  • Elementary School: Martin Luther King Jr
  • Middle School: Baker
  • High School: Carver Magnet

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1200

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 27, 2021
Sold by
Moring Carlos B
Bought by
Oreilly David
Seller's Agent
Tommy Mattison
MRB Legacy Realty
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Current Estimated Value
$70,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,211
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Aug 23, 2019
Sold by
Moring Marcus M
Bought by
Moring Carlos B
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 Buyer Sale Price Title Company
Oreilly David $50,000 --
Moring Carlos B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oreilly David Michael $60,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $50,000 -16.7% $43 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $60,000 -- $51 / 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
2025 $1,264 $32,088 $2,916 $29,172
2024 $1,264 $32,288 $3,116 $29,172
2023 $811 $20,576 $3,116 $17,460
2022 $817 $20,000 $3,000 $17,000
2021 $585 $14,296 $3,116 $11,180
2020 $584 $14,296 $3,116 $11,180
2019 $586 $14,296 $3,116 $11,180
2018 $586 $14,296 $3,116 $11,180
2017 $588 $14,296 $3,116 $11,180
2016 $542 $13,149 $2,017 $11,132
2015 $217 $13,149 $2,017 $11,132
2014 $217 $13,149 $2,017 $11,132
2013 -- $13,149 $2,017 $11,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9052836

Georgia MLS

APN: 041-028-002