NOT LISTED FOR SALE

3771 Jodeco Rd McDonough, GA 30253

Estimated Value: $283,419

-- Bed
3 Baths
2,022 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $170,000 $84 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,787/month

772 Days on Market

About This Home

As of December 2021

Historical home updated to accommodate salon/beauty shop business. Property includes corner structure,& parking lot. Adjoining parcel & building, previously The Hobbit Hole,is listed separately for $89,000. Buyer would be responsible for updated survey to subdivide the two properties. County has property currently combined. Appointments with listing agent required. This is a tremendous commercial investment potential with the on going expansion of Jodeco Road off I-75 South. SOME OF THE PHOTOS SHOW THE ENTIRE PROPERTY LAY OUT. THIS LISTING IS FOR THE CORNER HOME AND PARKING LOT ONLY TAX FIGURE IS FOR THE ENTIRE PARCEL TO BE ADJUSTED IF SOLD IN 2 SEPARATE TRANSACTIONS.

Last Agent to Sell the Property

Donna Bell-Mayo

Crye-Leike, Realtors License #146166 Listed on: 04/30/2017

Crye-Leike, Realtors

Last Buyer's Agent

Patricia Spicer

Premier Realty of Georgia LLC License #251451

Property Details

Property Type

  • Other

Year Built

  • Built in 1910

Lot Details

  • 2.55 Acre Lot
  • Corner Lot
  • Zoning described as C2

Parking

  • Paved Parking

Home Design

  • 2,022 Sq Ft Home
  • Fixer Upper
  • Composition Roof

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 64

Property Details

Property Type

Other

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • District: 7
  • Year Built: 1910
  • Financing Type: Conventional
  • Lot Size Acres: 2.55
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • NumberOfBuildings: 1

Exterior Features

  • Construction Materials: Other
  • Lot Features: Corner Lot
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available
  • Water Source: Public

Lot Info

  • Land Lot: 64
  • Zoning Description: C2

Building Info

  • BuildingAreaTotal: 2022
  • Building Features: Free Standing

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2017
Closed on
Dec 17, 2021
Sold by
Kreamer Investments Llc
Bought by
Our House Salon & Diner Llc
Seller's Agent
Donna Bell-Mayo
Crye-Leike, Realtors
Buyer's Agent
Patricia Spicer
Premier Realty of Georgia LLC
List Price
$170,000
Sold Price
$170,000
Total Days on Market
772
Current Estimated Value
$283,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,419
Original Mortgage
$220,500
Outstanding Balance
$205,283
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2009
Sold by
Kreamer William H and Kreamer Pamela K
Bought by
Kreamer Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,902
Interest Rate
4.88%
Mortgage Type
New Conventional
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
Our House Salon & Diner Llc $259,000 --
Kreamer Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Our House Salon & Diner Llc $220,500
Previous Owner Kreamer Investments Llc $220,266
Previous Owner Kreamer Investments Llc $361,902
Previous Owner Matherne Karen A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $170,000 0.0% $84 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $170,000 0.0% $84 / Sq Ft
05/31/2019 05/31/19 Off Market $170,000 -- --
03/29/2019 03/29/19 For Sale $170,000 0.0% $84 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/16/2019 01/16/19 Price Changed $170,000 -24.4% $84 / Sq Ft
06/06/2018 06/06/18 Price Changed $225,000 -10.0% $111 / Sq Ft
05/01/2017 05/01/17 For Sale $249,900 -- $124 / Sq Ft
Source: Georgia MLS

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 $9,107 $225,200 $108,480 $116,720
2023 $8,125 $207,640 $108,480 $99,160
2022 $4,134 $103,600 $59,466 $44,134
2021 $5,685 $144,040 $72,320 $71,720
2020 $5,637 $144,880 $72,320 $72,560
2019 $5,670 $145,720 $72,320 $73,400
2018 $5,435 $139,600 $72,320 $67,280
2016 $5,630 $144,680 $72,320 $72,360
2015 $5,832 $145,440 $72,320 $73,120
2014 $5,933 $146,240 $72,320 $73,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8179471

Georgia MLS

APN: 071B-01-009-000