NOT LISTED FOR SALE

270 Madola Rd Epworth, GA 30541

Estimated Value: $190,000 - $301,000

10 Beds
6 Baths
-- Sq Ft
1.72 Acres

Last Sold October 07, 2022

Last sale price $337,500

Est. 24% decrease in value since last sale

Current estimated payment $1,366/month

98 Days on Market

Highlights

  • Deck
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of October 2022

Income generating opportunity in the heart of Fannin County. This property has 4 units , 2 Double Wide and 2 Single Wide Manufactured,fully occupied with a long waiting list. Units have been updated and remodeled within the past 3 years . Current gross income is $39,600 . Landlord pays $1200 annual lawn care and $1200 annual garbage pickup - all other costs are tenant expenses. This is a rare opportunity to have a positive return on investment immediately after closing. Property has easy access from both Madola Rd as well as Wash Wilson Rd. Located in a peaceful residential neighborhood convenient to both Blue Ridge and McCaysville. Each unit has public water. Appointment required to view the interior. Call listing agent Rental 1 - $925 Rental 2 - $700 Rental 3- $925 Rental 4- $750

Last Agent to Sell the Property

Jody Nicholson

Nicholson Real Estate Brokerage Phone: 4235482522 Listed on: 09/30/2022

Last Buyer's Agent

Jacqueline Burkhalter

HomeSmart License #400582

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $159

Year Built

  • Built in 1993

Lot Details

  • 1.72

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Vinyl Clad Windows
  • Aluminum Window Frames

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • 1.72 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0059 B 069

Home Details

Home Type

Single Family

Est. Annual Taxes

$159

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1993
  • Property Sub Type: Residential
  • Road Frontage Type: Road
  • Lot Size Acres: 1.72
  • Road Surface Type: Paved
  • Architectural Style: See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Manufactured House
  • Attribution Contact: 4235482522
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Dishwasher
  • Has Basement: None
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Wood, Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Aluminum Frames, Vinyl

Exterior Features

  • Roof: Shingle
  • Topography: Level,Sloping,Rolling
  • View: No
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Fannin County

Lot Info

  • Lot Size Sq Ft: 74923.2
  • Parcel #: 0059 B 069
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2025
Sold by
The Burkhalter Ranch Corp
Bought by
Flores Juan A Lima and Lima Juan A
Current Estimated Value
$255,333

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 6, 2022
Sold by
Gagliano Natalie
Bought by
Burkhalter Ranch Corp
Seller's Agent
Jody Nicholson
Nicholson Real Estate
Buyer's Agent
Jacqueline Burkhalter
HomeSmart
List Price
$349,900
Sold Price
$337,500
Premium/Discount to List
-$12,400
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.91%

Purchase Details

Closed on
May 1, 2019
Sold by
White Carolyn F
Bought by
Atlanta Deferred Exchange Inc

Purchase Details

Closed on
Feb 8, 2008
Sold by
Godfrey J Marty
Bought by
Buchanan Investment Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,942
Interest Rate
5.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Flores Juan A Lima $295,000 --
Burkhalter Ranch Corp $337,500 --
Atlanta Deferred Exchange Inc $120,000 --
Buchanan Investment Properties $236,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buchanan Investment Properties $192,942
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Off Market $337,500 -- --
10/07/2022 10/07/22 Sold $337,500 -3.5% --
09/30/2022 09/30/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $349,900 -- --
Source: Northeast Georgia Board of REALTORS®

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 $159 $17,388 $12,588 $4,800
2023 $177 $17,388 $12,588 $4,800
2022 $187 $18,333 $12,588 $5,745
2021 $260 $18,528 $12,588 $5,940
2020 $264 $18,528 $12,588 $5,940
2019 $269 $18,528 $12,588 $5,940
2018 $188 $12,191 $6,251 $5,940
2017 $248 $14,027 $6,251 $7,776
2016 $106 $6,251 $6,251 $0
2015 -- $6,251 $6,251 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Georgia Board of REALTORS®

MLS Number: 317653

Northeast Georgia Board of REALTORS®

APN: 0059-B-069