NOT LISTED FOR SALE

2931 Bridge Dr Gainesville, GA 30506

Estimated Value: $333,000 - $410,000

4 Beds
4 Baths
2,080 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $160,000 $77 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,070/month

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Level Lot

About This Home

As of October 2018

Attention Investors! Well maintained, cash-flowing duplex in quiet North Hall neighborhood. Offers big yard and plenty of parking. Each unit has own interior entry off foyer. Floor plans mirror each other. Main levels have family room, eat-in kitchen, full bath, large laundry closet, and private deck. Each upstairs has 2 bedrooms and full bath. Rooms are nice sized. Currently occupied by 2 long time tenant families. Rents have been consistent for some time and could be reviewed upon lease expiration. New roof, new HVAC. Cap rate estimated over 9%. Appointment required.

Last Agent to Sell the Property

The Evert Miller Group

Keller Williams Lanier Partners Listed on: 09/13/2018

Keller Williams Lanier Partners

Last Buyer's Agent

The Evert Miller Group

Keller Williams Lanier Partners Listed on: 09/13/2018

Keller Williams Lanier Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1986

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 117x219
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Schools

  • Riverbend Elementary School
  • North Hall Middle School
  • North Hall High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10156 000033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,158

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1986
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Utilities: Cable Available, Electricity Available

Schools

  • Elementary School: Riverbend
  • Middle School: North Hall
  • High School: North Hall

Lot Info

  • Acres: 0.7500
  • Deed Book: 5216
  • Deed Page: 586
  • Lot Features: Level
  • Lot Dimensions: 117x219
  • Parcel Number: 10156 000033
  • Property Attached Yn: No

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1158.00
  • Assessor Parcel Number: 10-00156-00-033
  • Close Date: 2018-10-01
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Riverbend
  • High School: North Hall
  • Middle School: North Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 1, 2018
Sold by
Bokelman Clinton L
Bought by
Rubys Rentals Llc
Seller's Agent
The Evert Miller Group
Keller Williams Lanier Partners
Buyer's Agent
The Evert Miller Group
Keller Williams Lanier Partners
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$355,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,552
Avg. Annual Appreciation
11.59%

Purchase Details

Closed on
Mar 13, 2001
Sold by
Jones Harold Lamar
Bought by
Hulsey Derek Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,210
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1993
Sold by
Sims Robert
Bought by
Jones Harold Lamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,516
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rubys Rentals Llc $160,000 --
Hulsey Derek Richard $110,000 --
Jones Harold Lamar $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bokelman Clinton L $99,000
Previous Owner Hulsey Derek Richard $114,210
Previous Owner Jones Harold Lamar $69,516
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $160,000 0.0% $77 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $160,000 -- $77 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $2,311 $90,640 $20,800 $69,840
2023 $1,825 $70,920 $5,000 $65,920
2022 $1,585 $58,720 $5,000 $53,720
2021 $1,581 $57,440 $5,000 $52,440
2020 $1,551 $54,680 $5,000 $49,680
2019 $1,464 $51,000 $5,000 $46,000
2018 $1,385 $46,520 $5,000 $41,520
2017 $1,158 $38,898 $4,360 $34,538
2016 $1,132 $38,898 $4,360 $34,538
2015 $1,215 $38,898 $4,360 $34,538
2014 $1,215 $38,898 $4,360 $34,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6072434

First Multiple Listing Service (FMLS)

APN: 10-00156-00-033