NOT LISTED FOR SALE

2520 Martin Luther King Blvd Brunswick, GA 31520

Town Commons Neighborhood

Estimated Value: $205,000 - $295,000

12 Beds
6 Baths
4,430 Sq Ft
$57/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $285,000 $64 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,707/month

2 Days on Market

Highlights

  • 0.34 Acre Lot
  • Heating Available
  • 1-Story Property
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of June 2024

INVESTMENT OPPORTUNITY!! 3 duplex homes - each with two units for a total of 6 rental units. Each rental has 2 bedrooms, 1 bath. Currently 5 of 6 units are rented with monthly rental income $550-$600 for a total of $3300 - $3600 per month! Same tenants have been renting for years and provide reliable rental payments. One unit is currently vacant to allow for showings. New metal roofs on all units in 2023, electrical and plumbing replaced when current owner purchased property including updated electrical panels and PVC pipe. Tenants pay utilities.
Priced to sell and ready for next owner!
Cash offers only. If you are looking for an investment property with proven rental history, this is the one for you!

Last Agent to Sell the Property

Wendi Gmail

GardnerKeim Coastal Realty License #348466 Listed on: 05/14/2024

Last Buyer's Agent

Emily Williams

Duckworth Properties BWK License #384203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $839

Year Built

  • Built in 1979

Lot Details

  • 0.34 Acre Lot
  • 1 Common Wall

Home Design

  • Duplex
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 4,430 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Schools

  • Burroughs-Molette Elementary School
  • Risley Middle School
  • Brunswick High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 3 Buildings
  • Town Commons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-04408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$839

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: ,,,
  • Subdivision Name: Town Commons
  • Directions: Located on the corner of Martin Luther King, Jr. Blvd and P. Street
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1979
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Number Of Buildings: 3
  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Living Area: 4430.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Block
  • Roof: Metal

Utilities

  • Cooling: Electric, Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Burroughs-Molette
  • High School: Brunswick High School
  • Middle Or Junior School: Risley Middle

Lot Info

  • Lot Size Sq Ft: 15028.0
  • Parcel #: 01-04408
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 839.36
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 7, 2024
Sold by
Henson Stephen D
Bought by
Richardson Wanda K
Seller's Agent
Wendi Gmail
GardnerKeim Coastal Realty
Buyer's Agent
Emily Williams
Duckworth Properties BWK
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%
Views
5
Current Estimated Value
$281,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,586
Avg. Annual Appreciation
-3.08%
Original Mortgage
$22,800
Outstanding Balance
$16,944
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$257,737

Purchase Details

Closed on
Aug 14, 2014
Sold by
United Community Bank
Bought by
Henson Stephen D

Purchase Details

Closed on
Mar 4, 2014
Sold by
Parker Joseph James
Bought by
United Community Bank

Purchase Details

Closed on
May 10, 2007
Sold by
Parker Mary Jean
Bought by
Meeks M Steve and Parker Joseph James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,919
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2006
Sold by
Boswell Mary Jean Parker
Bought by
Boswell Mary Jean Parker
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
Richardson Wanda K $285,000 --
Henson Stephen D $25,000 --
United Community Bank $50,000 --
Meeks M Steve $38,667 --
Boswell Mary Jean Parker -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Wanda K $22,800
Previous Owner Meeks M Steve $66,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $285,000 -1.4% $64 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $289,000 -- $65 / Sq Ft
Source: Golden Isles Association of REALTORS®

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 $2,004 $95,320 $5,920 $89,400
2023 $839 $19,840 $7,640 $12,200
2022 $825 $19,840 $7,640 $12,200
2021 $2,433 $19,680 $7,640 $12,040
2020 $843 $19,680 $7,640 $12,040
2019 $437 $19,680 $7,640 $12,040
2018 $473 $19,680 $7,640 $12,040
2017 $734 $19,680 $7,640 $12,040
2016 $699 $19,680 $7,640 $12,040
2015 $1,088 $10,000 $3,280 $6,720
2014 $1,088 $30,520 $7,640 $22,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1646596

Golden Isles Association of REALTORS®

APN: 01-04408