259 Greene St Augusta, GA 30901
Olde Town-Pinched Gut NeighborhoodEstimated Value: $424,780
6
Beds
4
Baths
3,882
Sq Ft
$109/Sq Ft
Est. Value
About This Home
As of July 2020We are proud to offer this beautiful quadplex in the historic district of Olde Town which has the potential to be a relatively simple value-add play with 3 of 4 tenants currently paying well below anticipated market rent levels. Currently, one of the four occupants is also a property manager and is paying less than half market rent by way of an existing arrangement. Additionally, two of the other tenants are renting under stipulations of a HUD tax credit program and are paying well under market rents for the remainder of the tenancy, set to end in August of 2021 (Additional information available upon request.) Ideal for medical or dental students. Gas stoves, gas heat, gas water heaters, and low-maintenance stucco exterior. Well maintained, nicely updated, and fully leased. Units have beautiful wood floors, tall ceilings and huge windows. Units A & C are 2/1 with large bedrooms that feature walk-in closets, heart pine floors, & amazing front porch. Units B & D are 1/1.
Last Agent to Sell the Property
John Eckley
Meybohm Real Estate - Wheeler Listed on: 11/27/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,597
Year Built
- Built in 1921
Lot Details
- 5,663
Home Design
- 3,882 Sq Ft Home
- Stucco
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Schools
- Craig-Houghton Elementary School
Community Details
- 4 Units
- Old Towne Subdivision
Listing and Financial Details
- Assessor Parcel Number 047-4-012-00-0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2019
Closed on
Jul 14, 2020
Sold by
Olde Town Augusta Llc
Bought by
Gambone Nathaniel
Seller's Agent
John Eckley
Meybohm Real Estate - Wheeler
Buyer's Agent
Laura Boshell
Keller Williams Realty Augusta
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Total Days on Market
190
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
$149,780
Avg. Annual Appreciation
9.22%
Original Mortgage
$284,900
Outstanding Balance
$255,428
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$168,638
Purchase Details
Closed on
Feb 21, 2017
Sold by
Not Provided
Bought by
Olde Town Augusta Llc
Similar Homes in Augusta, GA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gambone Nathaniel | $275,000 | -- | |
| Olde Town Augusta Llc | $767,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gambone Nathaniel | $284,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2020 07/24/20 | Off Market | $275,000 | -- | -- |
| 07/14/2020 07/14/20 | Sold | $275,000 | -1.8% | $71 / Sq Ft |
| 06/04/2020 06/04/20 | Pending | -- | -- | -- |
| 05/13/2020 05/13/20 | Price Changed | $280,000 | -3.4% | $72 / Sq Ft |
| 05/01/2020 05/01/20 | For Sale | $290,000 | +5.5% | $75 / Sq Ft |
| 04/12/2020 04/12/20 | Off Market | $275,000 | -- | -- |
| 04/06/2020 04/06/20 | For Sale | $290,000 | 0.0% | $75 / Sq Ft |
| 03/27/2020 03/27/20 | Pending | -- | -- | -- |
| 03/06/2020 03/06/20 | For Sale | $290,000 | 0.0% | $75 / Sq Ft |
| 02/06/2020 02/06/20 | Pending | -- | -- | -- |
| 11/27/2019 11/27/19 | For Sale | $290,000 | -- | $75 / Sq Ft |
Source: REALTORS® of Greater Augusta
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 | $5,597 | $148,612 | $2,265 | $146,347 |
| 2023 | $5,597 | $138,084 | $2,265 | $135,819 |
| 2022 | $4,912 | $119,040 | $2,265 | $116,775 |
| 2021 | $3,552 | $35,520 | $2,265 | $33,255 |
| 2020 | $1,553 | $8,513 | $543 | $7,970 |
| 2019 | $2,341 | $35,520 | $2,265 | $33,255 |
| 2018 | $1,530 | $35,520 | $2,265 | $33,255 |
| 2017 | $2,426 | $35,520 | $2,265 | $33,255 |
| 2016 | $2,427 | $35,520 | $2,265 | $33,255 |
| 2015 | $2,514 | $35,520 | $2,265 | $33,255 |
| 2014 | $1,956 | $35,520 | $2,265 | $33,255 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2020
John Eckley
Meybohm
-
Laura Boshell
Buyer's Agent in 2020
Laura Boshell
Keller Williams Realty Augusta
(706) 288-8901
5 in this area
158 Total Sales
Map
Source: REALTORS® of Greater Augusta
MLS Number: 449210
APN: 0474012000
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