Buyer's Agent in 2024
Jennifer Thomas
Meybohm
(254) 432-9242
1 in this area
37 Total Sales
2885 Wells Dr Augusta, GA 30906
Richmond Hill NeighborhoodEstimated Value: $214,000 - $314,000
10
Beds
4.5
Baths
2,163
Sq Ft
$118/Sq Ft
Est. Value
About This Home
As of July 2024Back on the market and better than ever! This fantastic duplex has an updated and upgraded foundation and is now ready to be yours. This home is the perfect opportunity to own a multi-family investment property which is already generating strong cash flows of 2420/month! Under a new owner, this will increase to 2640 since section 8 rates just went up! This 2163 sqft home is currently zoned as a duplex but with the proper zoning permissions, could possibly be a triplex.The left side of the home features 4 large bedrooms and 2 full bathrooms rented to a section 8 tenant at 1300/month. This will increase to 1390/month under the new owner.The right side of the home features a 3 bedroom/1 bathroom home currently rented to a section 8 tenant for 1120/month. This will increase to 1250/month under the new owner.The basement has been completely finished and adds an additional 1000+ sq ft of rentable space featuring a 3 br/1 bath unit with a full kitchen. Parking is available to all tenants via shared driveways. Additionally, there is a large storage area under the home that could be rented to the tenants or used to store owner's items.Home will be sold AS-IS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,021
Year Built
- Built in 1952
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 89x184
Home Design
- 2,163 Sq Ft Home
- Duplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 10 Bedrooms
Schools
- Wheeless Road Elementary School
- Murphy Middle School
- Josey T W Comp. High School
Utilities
- Central Air
- Heat Pump System
Community Details
- 3 Units
- Fleming Heights Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 0973177000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2024
Closed on
Jul 2, 2024
Sold by
Coalition Ventures Llc
Bought by
James Brian
Buyer's Agent
Jennifer Thomas
Meybohm Real Estate - Evans
List Price
$279,000
Sold Price
$279,000
Views
128
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
$1,522
Avg. Annual Appreciation
-6.90%
Original Mortgage
$209,250
Outstanding Balance
$207,667
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$50,045
Purchase Details
Closed on
Aug 25, 2023
Sold by
Moore Charles L
Bought by
Coalition Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 1997
Sold by
Housing & Urban Development Secretary Of
Bought by
Moore Charles L Moore Sonja W
Purchase Details
Closed on
Jun 20, 1997
Sold by
Housing & Urban Dev
Bought by
Moore Charles L
Purchase Details
Closed on
Jul 25, 1996
Sold by
Gartman Willard D By Atty Gartman Salle
Bought by
Suntrust Mortgage Inc Trust Company Mo
Purchase Details
Closed on
Jul 2, 1996
Sold by
Gartman Willard D B
Bought by
Suntrust Mortgage I
Purchase Details
Closed on
Jan 2, 1987
Sold by
Gartman Willard D
Bought by
Gartman Salle K
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| James Brian | $279,000 | -- | |
| Coalition Ventures Llc | $70,000 | -- | |
| Moore Charles L Moore Sonja W | -- | -- | |
| Moore Charles L | $25,000 | -- | |
| Suntrust Mortgage Inc Trust Company Mo | -- | -- | |
| Suntrust Mortgage I | $46,300 | -- | |
| Gartman Salle K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | James Brian | $209,250 | |
| Previous Owner | Coalition Ventures Llc | $63,000 | |
| Previous Owner | Moore Charles L | $24,628 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2024 07/02/24 | Sold | $279,000 | 0.0% | $129 / Sq Ft |
| 05/22/2024 05/22/24 | For Sale | $279,000 | 0.0% | $129 / Sq Ft |
| 05/14/2024 05/14/24 | Off Market | $279,000 | -- | -- |
| 04/04/2024 04/04/24 | For Sale | $279,000 | -- | $129 / 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 | $1,668 | $28,000 | $2,960 | $25,040 |
| 2023 | $1,668 | $53,084 | $5,600 | $47,484 |
| 2022 | $1,910 | $54,066 | $5,600 | $48,466 |
| 2021 | $1,407 | $32,902 | $5,600 | $27,302 |
| 2020 | $1,388 | $32,902 | $5,600 | $27,302 |
| 2019 | $1,460 | $32,902 | $5,600 | $27,302 |
| 2018 | $1,469 | $32,902 | $5,600 | $27,302 |
| 2017 | $1,418 | $32,902 | $5,600 | $27,302 |
| 2016 | $1,419 | $32,902 | $5,600 | $27,302 |
| 2015 | $1,428 | $32,902 | $5,600 | $27,302 |
| 2014 | $1,331 | $29,907 | $5,600 | $24,307 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: REALTORS® of Greater Augusta
MLS Number: 527437
APN: 0973177000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Information is deemed reliable but not guaranteed.
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