NOT LISTED FOR SALE

285 Lexington Heights Athens, GA 30605

Estimated Value: $201,000 - $259,414

4 Beds
2 Baths
1,593 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $34,000 $21 Per Sq Ft

Est. 587% increase in value since last sale

Current estimated payment $1,497/month

47 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Patio
  • No HOA
  • Cooling Available
  • Laundry closet

About This Home

As of May 2012

Bank Owned Foreclosure!! Excellent investment opportunity. Property sold as is, no disclosure, proof of funds required. New paint and floor covering, new HVAC condensor units to be installed by closing with acceptable offer.

Last Agent to Sell the Property

Vince Lowery

The Leaders Real Estate Group, Listed on: 03/16/2012

Last Buyer's Agent

Rick Grayson

Grayson Realty License #60289

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1976

Lot Details

  • 0.3

Home Design

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

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Lexington Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,276

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: Lexington Hwy, right into Lexington Heights Subdivision, towards the end on the left.
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1976
  • Property Sub Type: Duplex
  • Ownership: Bank Owned,Foreclosure
  • Subdivision Name: Lexington Heights
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Appliances: Range
  • Interior Amenities: None, Cable TV, Eat-in Kitchen
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1593.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Parking Available, Parking Space(s)
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Laundry Closet
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: C
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
May 14, 2012
Sold by
Afb&T A Division Of Synovus B
Bought by
Bugg George C
Seller's Agent
Vince Lowery
The Leaders Real Estate Group,
Buyer's Agent
Rick Grayson
Grayson Realty
List Price
$58,000
Sold Price
$34,000
Premium/Discount to List
-$24,000
-41.38%
Total Days on Market
47
Current Estimated Value
$233,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,604
Avg. Annual Appreciation
16.16%

Purchase Details

Closed on
Feb 7, 2012

Purchase Details

Closed on
Jul 9, 2008
Sold by
Smith Kristi
Bought by
Classic City Real Estate Holdi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2008
Sold by
Cox Patricia
Bought by
Deutsche Bank Trust Co America

Purchase Details

Closed on
Aug 31, 2006
Sold by
Not Provided
Bought by
Classic City Real Estate Holdi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
9.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Butts Bruce Y and Butts Pamela M
Bought by
Sheats Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Butts Bruce Y
Bought by
Sheats Richard and Sheats Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
8.75%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bugg George C $34,000 --
-- $58,000 --
Classic City Real Estate Holdi -- --
Smith Kristi $75,203 --
Deutsche Bank Trust Co America $68,000 --
Classic City Real Estate Holdi $122,000 --
Classic City Real Estate Holdi -- --
Sheats Richard $92,500 --
Sheats Richard $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Kristi $72,000
Previous Owner Classic City Real Estate Holdi $109,800
Previous Owner Sheats Richard $83,250
Previous Owner Sheats Richard $83,250
Previous Owner Sheats Richard $9,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2012 05/14/12 Sold $34,000 -41.4% $21 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $58,000 -- $36 / Sq Ft
Source: CLASSIC MLS (Athens Area Association 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 $2,276 $72,842 $12,000 $60,842
2023 $2,276 $66,182 $10,400 $55,782
2022 $1,699 $53,247 $10,400 $42,847
2021 $1,289 $38,259 $8,000 $30,259
2020 $1,162 $34,477 $8,000 $26,477
2019 $1,195 $35,190 $8,000 $27,190
2018 $837 $24,664 $8,000 $16,664
2017 $774 $22,784 $8,000 $14,784
2016 $774 $22,800 $8,000 $14,800
2015 $792 $23,294 $8,000 $15,294
2014 $798 $23,437 $8,000 $15,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 926631

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 233A1-B-005