NOT LISTED FOR SALE

2911 Raes Creek Rd Augusta, GA 30909

Lake Aumond Neighborhood

Estimated Value: $13,754

-- Bed
-- Bath
3,780 Sq Ft
$4/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $178,000 $47 Per Sq Ft

Current estimated payment $108/month

502 Days on Market

Highlights

  • Community Pool
  • Johnson Magnet Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of March 2016

There are two properties for sale. one lot has a quadraplex and the second parcel is an empty lot which a new quad could be built upon. This sale includes the lot which is a reason for the low return on investment. There is a total of four units on two parcels. The complex consist of 94 units which are individually owned and managed by one property management company. you could buy one or both.

Last Agent to Sell the Property

Billy Franke

Sherman & Hemstreet Real Estate Listed on: 10/10/2014

Last Buyer's Agent

Louie B. Hydrick

Re/max Partners

Re/max Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot

Parking

  • 2 Parking Spaces

Home Design

  • 3,780 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Schools

  • Lake Forest Hills Elementary School
  • Langford Middle School
  • Richmond Academy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV, heat, gas, electricity
  • Tax Lot 3
  • Assessor Parcel Number 2 parcels

Community Details

Overview

  • 8 Units
  • Westwood Subdivision

Recreation

  • Community Pool

Building Details

  • Operating Expense $21,010
  • Gross Income $32,400
  • Net Operating Income $11,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$400

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Tax Year: 2014
  • Deed Book And Page: 682-371
  • Listing Member Name: Billy Franke
  • Listing Office Short Id: 112
  • Lot Size Acres: 0.5000
  • Lot Size: various
  • New Construction: No
  • Open House Office I D: 20220208192348448435000000
  • Property Sub Type: Multi Family
  • Selling Member Short Id: 47_245
  • Selling Office Short Id: 47
  • Subdivision Name: Westwood (RI)
  • Year Built: 1985
  • Income And Expenses Operating Expense: 21010.00
  • Special Features: None

Interior Features

  • Street Number Modifier: 2911-17
  • Total Sqft: 3780.00

Exterior Features

  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Other, Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks, Street Lights

Schools

  • Elementary School: Lake Forest Hills
  • Middle School: Langford
  • High School: Richmond Academy

Lot Info

  • Parcel Number: 2 parcels
  • Quadrant: 1R1
  • List Price per Acre: 500000.0000

Rental Info

  • Tenant Pays: Cable TV, Heat, Gas, Electricity

Tax Info

  • Tax Lot: 3

Multi Family

  • Income And Expenses Net Operating Income: 11390.00
  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Lake Forest Hills
  • High School: Richmond Academy
  • Middle School: Langford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Nicholson Sam G
Bought by
Jones Group Prime Properties Llc
Current Estimated Value
$13,754

Purchase Details

Closed on
Mar 31, 2000
Sold by
Shelnut Properties Ltd
Bought by
Nicholson Sam G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
8.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 3, 1987
Sold by
Beckum Construction Co Inc
Bought by
Atkins Adelheid M

Purchase Details

Closed on
Feb 1, 1987
Sold by
Beckum Construction
Bought by
Atkins Adelheid M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Group Prime Properties Llc $14,000 --
Nicholson Sam G $560,000 --
Atkins Adelheid M $130,000 --
Atkins Adelheid M $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholson Sam G $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $178,000 -55.3% $47 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
10/10/2014 10/10/14 For Sale $398,000 -- $105 / Sq Ft
Source: REALTORS® of Greater Augusta

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 $400 $10,968 $10,000 $968
2023 $400 $10,968 $10,000 $968
2022 $402 $10,504 $10,000 $504
2021 $430 $10,504 $10,000 $504
2020 $424 $10,504 $10,000 $504
2019 $447 $10,504 $10,000 $504
2018 $450 $10,504 $10,000 $504
2017 $378 $10,504 $10,000 $504
2016 $379 $10,504 $10,000 $504
2015 $381 $10,504 $10,000 $504
2014 $382 $10,504 $10,000 $504
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Billy Franke

    Sherman & Hemstreet Real Estate

  • L

    Buyer's Agent in 2016

    Louie B. Hydrick

    RE/MAX

    Section Image
See All Agents

Map

Source: REALTORS® of Greater Augusta

MLS Number: 379940

REALTORS® of Greater Augusta

APN: 0411144000

Georgia Richmond County Augusta 30909 Lake Aumond

2911 Raes Creek Rd, Augusta, GA

This home is located at 2911 Raes Creek Rd, Augusta, GA 30909 since 10 October 2014 and is currently estimated at $13,754, approximately $3 per square foot. This property was built in 1985. 2911 Raes Creek Rd is a home located in Richmond County with nearby schools including Copeland Elementary School, Langford Middle School, and Johnson Magnet.

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.

REALTORS® of Greater Augusta IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes