255 Hillcrest Ave Athens, GA 30606
Cobbham Neighborhood
5
Beds
3
Baths
2,312
Sq Ft
5,663
Sq Ft Lot
Highlights
- Traditional Architecture
- Wood Flooring
- Forced Air Heating and Cooling System
- Johnnie Lay Burks Elementary School Rated A-
- No HOA
About This Home
As of April 2020Beautiful 5BR/3BA house in close proximity to Athens Regional Hospital and Georgia Regents/UGA Medical School, Normaltown Retail corridor, UGA campus, and popular downtown. Pre-leased for fall 2016 - July 2017 for $2,130/mo! Don't walk away from this investment opportunity! Located on a large lot, with all brick, and ample parking. A rarity in Normaltown, as this duplex is grandfathered in so it can continue to be rented as a duplex. The spacious one bedroom apartment unit has exterior access, it's own parking, living room, full bathroom and full kitchen. Could be purchased as investment, or to be utilized as single family or owner occupant. Potential family home and use separate apartment as rental income, mother-in-law suite, or gameday rental. House has typically leased for a total gross income of $2,300/month.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,888
Year Built
- Built in 1972
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Wood Flooring
Kitchen
- Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 5 Parking Spaces
- Off-Street Parking
Schools
- Chase Street Elementary School
- Clarke Middle School
- Clarke Central High School
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
- 2 Units
- Normaltown Subdivision
Listing and Financial Details
- Assessor Parcel Number 122B1 D008
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
List Price
$275,000
Sold Price
$283,000
Premium/Discount to List
$8,000
2.91%
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
$294,290
Avg. Annual Appreciation
14.42%
Original Mortgage
$268,850
Outstanding Balance
$240,828
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$333,852
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
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
10.07%
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
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
Similar Homes in Athens, GA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $283,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $240,865 | -- | |
| Warranty Deed | $225,000 | -- | |
| Deed | $160,000 | -- | |
| Deed | $116,500 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $268,850 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $168,750 | New Conventional | |
| Previous Owner | $166,700 | New Conventional |
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
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 | $4,888 | $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
Map
Source: Savannah Multi-List Corporation
MLS Number: CM949224
APN: 122B1-D-008
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