NOT LISTED FOR SALE

400 S Pond St Toccoa, GA 30577

-- Bed
-- Bath
-- Sq Ft
0.75 Acres

Last Sold July 21, 2015

Last sale price $174,000

6 Days on Market

Highlights

  • City View
  • Corner Lot
  • Baseboard Heating

About This Home

As of July 2015

HUGE INCOME POTENTIAL! 8 UNITS. 2 QUADS: one w/ four 2-story, 2 bed, 1.5 bath units, one w/ four 1-story 2 bed, 1 bath units. 2 units currently rented, 2 units are renovated (with carpet, linoleum, window re-glazed, paint) & rentable, four other units are vacant & require repairs. One bldg has new roof & 4 new decks. Parking lot has been resurfaced. Toccoa average rental rates for 1 & 2 bed apartments are $300-$500/mo. There is a college near here. After repairs, w/ full occupancy @$400 rent, net taxes & insurance, full price offers potential cap rate of about 18%!!

Last Agent to Sell the Property

Susie Evert

Keller Williams Lanier Partners License #360139 Listed on: 03/24/2015

Keller Williams Lanier Partners

Co-Listed By

Chris Slate

Southern Realty of North GA, LLC. License #160450

Last Buyer's Agent

Chris Slate

Southern Realty of North GA, LLC. License #160450

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1980

Lot Details

  • 0.75 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • Parking Lot

Property Views

  • City Views

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • 8 Units

Listing and Financial Details

  • Legal Lot and Block 2 / 56
  • Assessor Parcel Number T19 052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,644

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Exterior Features

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

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Baseboard, Electric
  • Utilities: Cable Available

Condo/Co-op/Association

  • Subdivision Complex: 8263

Schools

  • Elementary School: Stephens - Other
  • Middle School: Stephens - Other
  • High School: Stephens - Other

Lot Info

  • Acres: 0.7500
  • Lot: 2
  • Deed Book: 945
  • Deed Page: 122
  • Plat Book: 16
  • Plat Page: 18
  • Lot Features: Corner Lot, Level
  • Parcel Number: T19 052
  • Property Attached Yn: No

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 8

Tax Info

  • Taxes: 3644.00
  • Assessor Parcel Number: T19-052
  • Close Date: 2015-07-21
  • Tax Year: 2014

MLS Schools

  • Elementary School: Stephens - Other
  • High School: Stephens - Other
  • Middle School: Stephens - Other

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2015 07/21/15 Sold $174,000 0.0% --
03/30/2015 03/30/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $174,000 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5513821

First Multiple Listing Service (FMLS)