NOT LISTED FOR SALE

Estimated Value: $355,000 - $424,180

6 Beds
4 Baths
3,882 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2020

Last sale price $275,000 $71 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,618 / mo

189 Days on Market

About This Home

As of July 2020

We 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: 11/28/2019

Last Buyer's Agent

Laura Boshell

Keller Williams Realty Augusta Partners License #204114

Keller Williams Realty Augusta Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Home Design

  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1921
  • Property Sub Type: Multi Family
  • Original List Price: 280000.00
  • Is New Construction?: No
  • List Price Per Sqft: 72.12
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 4.00

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

  • Water Source: Public
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Craig-Houghton
  • High School: OTHER
  • Middle Or Junior School: OTHER

Lot Info

  • Lot Size: 0.13
  • Purchase Contract Date: 2020-06-04
  • Parcel#: 047-4-012-00-0
  • Deed Book And Page: 1569 1864
  • Plat Book And Page: 31Z 273
  • Quadrant: 2Rl

Rental Info

  • Tenant Pays: Other
  • Owner Pays: Other
  • Appraiser: Chafin Appraisa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 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 Partners
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Current Estimated Value
$389,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,590
Avg. Annual Appreciation
6.16%
Original Mortgage
$284,900
Outstanding Balance
$250,366
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$139,224

Purchase Details

Closed on
Feb 21, 2017
Sold by
Not Provided
Bought by
Olde Town Augusta Llc

Purchase Details

Closed on
Sep 29, 1998
Sold by
Augusta Georgia Augusta-Richmond County
Bought by
Olde Town Associates L P Olde Town Assoc

Purchase Details

Closed on
Sep 28, 1998
Sold by
.Augusta Georgia
Bought by
Olde Town Associate

Purchase Details

Closed on
Dec 29, 1994
Sold by
Olde Town Properties I Limited Partnersh
Bought by
Augusta City Council Of Augusta

Purchase Details

Closed on
Dec 6, 1994
Sold by
Olde Town Propertie
Bought by
Augusta City Counci

Purchase Details

Closed on
Aug 18, 1989
Sold by
Upton Herbert S
Bought by
Third & Greene Street Investors

Purchase Details

Closed on
Jul 1, 1989
Sold by
Servy Edouard
Bought by
Olde Town Propertie
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Gambone Nathaniel $275,000 --
Olde Town Augusta Llc $767,000 --
Olde Town Associates L P Olde Town Assoc -- --
Olde Town Associate $1,730,000 --
Augusta City Council Of Augusta -- --
Augusta City Counci $115,600 --
Third & Greene Street Investors -- --
Olde Town Propertie $82,100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Gambone Nathaniel $284,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2026 03/10/26 Off Market $275,000 -- --
07/14/2020 07/14/20 Sold $275,000 -5.2% $71 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
11/28/2019 11/28/19 For Sale $290,000 -- $75 / Sq Ft
Source: Hive MLS

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
2025 $6,465 $164,320 $2,265 $162,055
2024 $6,465 $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

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Map

Source: Hive MLS

MLS Number: 449210

Hive MLS

APN: 0474012000

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