NOT LISTED FOR SALE

255 Hillcrest Ave Athens, GA 30606

Cobbham Neighborhood

Estimated Value: $500,000 - $561,000

5 Beds
3 Baths
2,312 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $283,000 $122 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,247/month

45 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Screened Porch
  • Johnnie Lay Burks Elementary School Rated A-
  • No HOA
  • Window Unit Cooling System

About This Home

As of April 2020

All brick, 2-story house in the sought after Normaltown/Chase St School District. The house is within close proximity to Piedmont Hospital, UGA Health Sciences Campus, Normaltown restaurants and shopping, and Athens Downtown. The home features all brick facade, hardwoods in the main floor, ample attic storage, new roof in 2016, and more! The property needs updating and TLC, but there is lots of opportunity in this house for both owner-occupants and investors. Currently a 4BR/2 BA with a 1 BR/1BA basement apartment; you can live in the main house and have a renter offset your mortgage. You could also use the downstairs unit as a in-law suite or gameday rental/VRBO. Additionally, this property used to be a triplex and still has three meters, so it can be reverted back to a triplex consisting of a 2BR/1BA, 1BR/1BA and 1BR/1BA to give you a different floor plan layout. (24 Hour Notice to Show. Tenant occupied through 7/23/2020 @ $2,200/month. There is a "master"lease on BOTH units at this price point.) NOTE: This could be sold as a "package deal" with 159 Gran Ellen Dr. (MLS#973581) Bring your offers! SOLD AS IS.

Last Agent to Sell the Property

Tip Whatley

Joiner & Associates, REALTORS License #373585 Listed on: 02/13/2020

Co-Listed By

Christopher Joiner

Joiner & Associates, REALTORS License #361861

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,511

Year Built

  • Built in 1972

Lot Details

  • 5,663

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Screened Porch
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

  • Chase Street Elementary School
  • Clarke Middle School
  • Clarke Central High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • General Hospital Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122B1 D008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,511

Year Built

Built in 1972

Lot Details

0

Listing Details

  • GarageYN: No
  • Inclusions: Ceiling Fans
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1972
  • Co List Office Mls Id: CM33
  • Co List Office Phone: (706) 549-7371
  • Subdivision Name: General Hospital Area
  • Architectural Style: Traditional
  • Reso Flooring: Carpet, Wood
  • Reso Interior Features: Ceiling Fan(s)
  • Tax Year: 2019
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Some Gas Appliances, Dryer, Refrigerator, Washer
  • Basement: Bathroom, Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 16
  • Stories: 2

Exterior Features

  • Acres: 0.13
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 3.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Schools

  • Middle Or Junior School: Clarke Middle

Lot Info

  • Lot Size Area: 0.13
  • Parcel Number: 122B1 D008
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 3511.0

MLS Schools

  • Elementary School: Chase Street
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Apr 27, 2020
Sold by
255 Hillcrest Llc
Bought by
Baker Jacob H and Baker Skylar
Seller's Agent
Tip Whatley
Joiner & Associates, REALTORS
List Price
$275,000
Sold Price
$283,000
Premium/Discount to List
$8,000
2.91%
Current Estimated Value
$533,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,610
Avg. Annual Appreciation
12.44%
Original Mortgage
$268,850
Outstanding Balance
$238,759
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$294,851

Purchase Details

Closed on
Jun 30, 2017
Sold by
Scruggs Andrew
Bought by
255 Hillcrest Llc

Purchase Details

Listed on
Mar 22, 2016
Closed on
Jul 11, 2016
Sold by
Muppirala Prakash S
Bought by
Scruggs Andrew
Seller's Agent
Jill Swope
CollegeTown Properties LLC
Buyer's Agent
Matthew Presnell
Athens Classic Properties, Inc.
List Price
$255,000
Sold Price
$240,865
Premium/Discount to List
-$14,135
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2013
Closed on
Feb 22, 2013
Sold by
Peterson Chris
Bought by
Muppirala Prakash S
Seller's Agent
Jill Swope
CollegeTown Properties LLC
Buyer's Agent
Jill Swope
CollegeTown Properties LLC
List Price
$227,000
Sold Price
$227,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$168,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2003
Sold by
Couch Walter C
Bought by
Peterson Chris

Purchase Details

Closed on
May 12, 1999
Sold by
Moss Lisa
Bought by
Couch Walter C

Purchase Details

Closed on
May 18, 1989
Sold by
Wages Annie Mae
Bought by
Tims Louise
Source: Public Records

Range of Values:

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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
Baker Jacob H $283,000 --
255 Hillcrest Llc -- --
Scruggs Andrew $240,865 --
Muppirala Prakash S $225,000 --
Peterson Chris $160,000 --
Couch Walter C $116,500 --
Moss Lisa -- --
Tims Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Jacob H $268,850
Previous Owner Scruggs Andrew $200,000
Previous Owner Muppirala Prakash S $168,750
Previous Owner Peterson Chris $166,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $283,000 +2.9% $122 / Sq Ft
03/29/2020 03/29/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $275,000 +14.2% $119 / Sq Ft
07/11/2016 07/11/16 Sold $240,865 -5.5% $104 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $255,000 +12.3% $110 / Sq Ft
02/25/2013 02/25/13 Sold $227,000 0.0% $98 / Sq Ft
02/25/2013 02/25/13 For Sale $227,000 -- $98 / Sq Ft
Source: Savannah Multi-List Corporation

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 $5,153 $172,391 $41,800 $130,591
2023 $4,888 $153,680 $38,000 $115,680
2022 $3,968 $134,387 $38,000 $96,387
2021 $3,478 $114,483 $38,000 $76,483
2020 $3,992 $118,462 $34,200 $84,262
2019 $3,511 $103,428 $30,400 $73,028
2018 $3,373 $99,342 $30,400 $68,942
2017 $3,191 $93,980 $30,400 $63,580
2016 $3,035 $89,383 $30,400 $58,983
2015 $2,910 $85,583 $26,600 $58,983
2014 $2,914 $85,584 $26,600 $58,984
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tip Whatley

    Joiner & Associates, REALTORS

  • C

    Seller Co-Listing Agent in 2020

    Christopher Joiner

    Joiner & Associates, REALTORS

  • J

    Seller's Agent in 2016

    Jill Swope

    CollegeTown Properties LLC

  • M

    Buyer's Agent in 2016

    Matthew Presnell

    Athens Classic Properties, Inc.

See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: CM973582

Savannah Multi-List Corporation

APN: 122B1-D-008

Georgia Clarke County Athens 30606 Cobbham

255 Hillcrest Ave, Athens, GA

This home is located at 255 Hillcrest Ave, Athens, GA 30606 since 13 February 2020 and is currently estimated at $533,610, approximately $230 per square foot. This property was built in 1972. 255 Hillcrest Ave is a home located in Clarke County with nearby schools including Johnnie Lay Burks Elementary School, Clarke Middle School, and Clarke Central High School.

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.

Savannah Multi-List Corporation 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.

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