NOT LISTED FOR SALE

381 Jolly Rd NW Calhoun, GA 30701

Estimated Value: $367,000 - $439,000

8 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold November 23, 2020

Last sale price $262,500

Est. 54% increase in value since last sale

Current estimated payment $2,497/month

Highlights

  • Central Heating and Cooling System
  • Calhoun Middle School Rated A-
  • Ceiling Fan

About This Home

As of November 2020

Fantastic investment opportunity with this income producing quadruplex that features a strong rental history and is located in Calhoun city limits with great proximity to town and I-75. All units are currently leased for $575 / month (with potential to increase rents) and feature 2 BR, 1.5 BA's, large living room, eat-in kitchen with dishwasher, stove, & fridge, & washer / dryer hook-ups. Rent rolls, profit & loss statements, etc. available to qualified buyers. Great opportunity for a nice income producing property. All units have longer term tenants in place.

Last Agent to Sell the Property

Shawn Brown

Rebecca Brown and Associates Real Estate, LLC. License #210240 Listed on: 09/21/2020

Last Buyer's Agent

Shawn Brown

Rebecca Brown and Associates Real Estate, LLC. License #210240 Listed on: 09/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 2006

Lot Details

  • 9,148 Sq Ft Lot
  • Sloped Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Ridge Vents on the Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows

Parking

  • 8 Parking Spaces
  • Driveway

Schools

  • Calhoun Elementary And Middle School
  • Calhoun High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • 4 Units
  • Creekside Village Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number C34 119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,906

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Creekside Village

Schools

  • Elementary School: Calhoun
  • Middle School: Calhoun
  • High School: Calhoun

Lot Info

  • Acres: 0.2100
  • Lot: 41
  • Land/Lot: 132
  • Section G M D: 3rd
  • Plat Book: 40
  • Plat Page: 226
  • Lot Features: Sloped
  • Lot Dimensions: xx
  • Parcel Number: C34 119
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 1906.00
  • Assessor Parcel Number: C34-119
  • Close Date: 2020-11-23
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Calhoun
  • High School: Calhoun
  • Middle School: Calhoun

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 23, 2020
Sold by
Dharma Bhakti Properties Llc
Bought by
Ohman Eric
Seller's Agent
Shawn Brown
Rebecca Brown and Associates Real Estate, LLC.
Buyer's Agent
Shawn Brown
Rebecca Brown and Associates Real Estate, LLC.
List Price
$249,900
Sold Price
$262,500
Premium/Discount to List
$12,600
5.04%
Current Estimated Value
$403,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,725
Avg. Annual Appreciation
9.53%
Original Mortgage
$198,875
Outstanding Balance
$178,295
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$229,523

Purchase Details

Closed on
May 25, 2018
Sold by
Patel Hardik B
Bought by
Dharma Bhakti Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2006
Sold by
G Bonner Construction Co
Bought by
Norwood Joellen and Norwood John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.31%

Purchase Details

Closed on
Jul 26, 2006
Sold by
Turon Development Inc
Bought by
G Bonner Construction Co
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
Ohman Eric $262,500 --
Dharma Bhakti Properties Llc -- --
Patel Hardik B $159,000 --
Norwood Joellen $242,000 --
G Bonner Construction Co $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohman Eric $198,875
Previous Owner Patel Hardik B $127,200
Previous Owner Norwood Joellen $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $262,500 +5.0% --
09/23/2020 09/23/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $249,900 -- --
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 $4,421 $157,240 $2,000 $155,240
2023 $4,085 $145,280 $2,000 $143,280
2022 $1,263 $132,760 $2,000 $130,760
2021 $3,126 $105,680 $2,000 $103,680
2020 $2,133 $71,080 $2,000 $69,080
2019 $1,906 $71,080 $2,000 $69,080
2018 $566 $58,736 $4,400 $54,336
2017 $577 $58,736 $4,400 $54,336
2016 $579 $58,736 $4,400 $54,336
2015 $586 $58,736 $4,400 $54,336
2014 $541 $54,893 $4,400 $50,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6784987

First Multiple Listing Service (FMLS)

APN: C34-119