NOT LISTED FOR SALE

2525 Highway 41 S Forsyth, GA 31029

Estimated Value: $468,000

-- Bed
-- Bath
-- Sq Ft
1 Acres

Last Sold June 30, 2014

Last sale price $44,000

Est. 964% increase in value since last sale

Current estimated payment $2,617/month

40 Days on Market

Highlights

  • Central Heating
  • Samuel E. Hubbard Elementary School Rated A-
  • Hot Water Heating System

About This Home

As of June 2014

Mobile Home Park with 5 Mobile homes and room for 1 more. Homes normally rent for approx. $450 per month each so you have a projected monthly income of $2250 and more if you add another home on the other avail. space. You could feasibly get your money back in 3 years or less.1998-Peach State HMS Bay Point model 924 sq ft1989- Chandeleur 952 sqft1988- Sunshine 952 sqft1988- Homestead 1008 sqft1973- Capella 572 sqft

Last Listed By

Eddie Rowland

R&R Property Sales and Management, LLC License #277017 Listed on: 04/18/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $114

Year Built

  • 2007

Lot Details

  • 1 Acre Lot

Home Design

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Hot Water Heating System
  • Septic Tank

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 029007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$114

Year Built

2007

Lot Details

0

Listing Details

  • FILLACRES: 1.00
  • Comm Sell: 3.00
  • Comm Sell Type: %
  • Directions: From downtown Forsyth, go North on Hwy 41 approx 3 miles, look for my sign on the right.
  • Handicap Features: No
  • Listing Member Name: Kathy Rowland
  • Listing Office Short Id: o222
  • Open House Office I D: 20190112181032902868000000
  • Property Sub Type: Multi Family
  • Prop. Type: B
  • Selling Financing: Conventional
  • Selling Member Short Id: kathyrowland
  • Selling Office Short Id: o222
  • Assessor Parcel Number: 029007
  • Leasing Comments: Mobile Home Park with 5 Mobile homes and room for 1 more. Homes normally rent for approx. $450 per month each so you have a projected monthly income of $2250 and more if you add another home on the other avail. space. You could feasibly get your money back in 3 years or less.
  • Scheduled Monthly Income: 2250.00
  • Special Features: None
  • Year Built (Public Record): 2007

Interior Features

  • New Construction: No

Exterior Features

  • Construction Type: Other
  • On Golf Course: No
  • Waterfront: No

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central, Electric, Hot Water
  • Sewer: Septic Tank
  • Hot Water: Well

Condo/Co-op/Association

  • Number of Units: 5

Lot Info

  • Deed Page: 234
  • Land Lease Purchase: No
  • Zoning: Single Family

Tax Info

  • Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jun 30, 2014
Sold by
Gossett Linda
Bought by
Peters Thomas and Peters Karen
Seller's Agent
Eddie Rowland
R&R Property Sales and Management, LLC
Buyer's Agent
Eddie Rowland
R&R Property Sales and Management, LLC
List Price
$55,000
Sold Price
$44,000
Premium/Discount to List
-$11,000
-20%
Total Days on Market
40
Current Estimated Value
$468,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,000
Avg. Annual Appreciation
24.27%
Original Mortgage
$53,692
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1998
Sold by
Childers Larry G and Childers Darlene C
Bought by
Gossett Kenneth and Gossett Linda

Purchase Details

Closed on
Jul 19, 1995
Sold by
Wilkes Johnny E and Wilkes Thelma B
Bought by
Childers Larry G and Childers Darlene C

Purchase Details

Closed on
Feb 2, 1980
Sold by
Crawford Allen Thomas
Bought by
Crawford Ollie Frances

Purchase Details

Closed on
Jul 1, 1969
Sold by
Huckaby Andrew and Huckaby Hilda
Bought by
Crawford Allen Thomas and Ollie Franc

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
Peters Thomas $44,000 --
Gossett Kenneth $37,000 --
Childers Larry G $16,500 --
Crawford Ollie Frances -- --
Crawford Allen Thomas $4,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Peters Thomas $53,692
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $44,000 -20.0% --
05/28/2014 05/28/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $55,000 -- --
Source: Middle 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
2024 $114 $4,212 $4,080 $132
2023 $114 $4,212 $4,080 $132
2022 $114 $4,212 $4,080 $132
2021 $118 $4,212 $4,080 $132
2020 $121 $4,212 $4,080 $132
2019 $122 $4,212 $4,080 $132
2018 $122 $4,212 $4,080 $132
2017 $122 $4,212 $4,080 $132
2016 $116 $4,212 $4,080 $132
2015 $110 $4,212 $4,080 $132
2014 $106 $4,212 $4,080 $132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Middle Georgia MLS

MLS Number: 125727

Middle Georgia MLS

APN: 029-007