NOT LISTED FOR SALE

402 Freeman Dr Unit 402-404 Athens, GA 30601

Estimated Value: $244,000 - $281,738

4 Beds
2 Baths
1,848 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $220,000 $119 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,660/month

21 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Screened Porch
  • Cathedral Ceiling
  • No HOA
  • Central Heating and Cooling System

About This Home

As of November 2023

This well maintained and well managed duplex is a great long term investment opportunity. Conveniently located on the north end of Athens, GA in a quite neighborhood within half a mile of the outer loop. This property is furnished with standard appliances and features. Located near the bus line and is only a short walk (2.1 miles) from downtown Athens and UGA. Great long term tenants with potential for greater rental income.

Both units are currently tenant occupied. Quiet Enjoyment will be honored. Must have a binding contract in order to tour the property and conduct inspections. Contact listing agents for any questions.

Last Agent to Sell the Property

Heys Wade

Keller Williams Greater Athens License #402450 Listed on: 10/12/2023

Co-Listed By

Brooke Wade

Keller Williams Greater Athens License #339723

Last Buyer's Agent

Cheri Cherry

Dwell Real Estate License #346969

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1983

Lot Details

  • 0.46

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Fowler Drive Elementary School
  • Coile Middle School
  • Cedar Shoals High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV, trash collection
  • Assessor Parcel Number 162C-050

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,890

Year Built

Built in 1983

Lot Details

0

Listing Details

  • GarageYN: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1983
  • Co List Office Mls Id: CM123
  • Co List Office Phone: (706) 316-2900
  • Subdivision Name: No Recorded Subdivision
  • Reso Flooring: Carpet, Vinyl
  • Reso Interior Features: Cathedral Ceiling(s)
  • Tax Year: 2022
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Waterfront: No
  • Acres: 0.466
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Coile Middle

Lot Info

  • Lot Size Area: 0.466
  • Parcel Number: 162C-050
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Trash Collection

Multi Family

  • Gross Income: 1500.0
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1890.0

MLS Schools

  • Elementary School: Fowler Drive
  • HighSchool: Cedar Shoals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 2, 2023
Sold by
Hill Shannon
Bought by
Bundrick John
Seller's Agent
Heys Wade
Keller Williams Greater Athens
Buyer's Agent
Cheri Cherry
Dwell Real Estate
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
61
Current Estimated Value
$264,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,185
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Feb 21, 2013
Sold by
Federal National Mortgage Association
Bought by
Hill Shannon

Purchase Details

Closed on
Nov 6, 2012
Sold by
Gibbs James P and Gibbs Judith P
Bought by
Citimortgage Inc

Purchase Details

Closed on
Dec 2, 2002
Sold by
Gibbs James P
Bought by
Gibbs James P and Gibbs Judith P

Purchase Details

Closed on
Jun 12, 1992
Sold by
Miles J P
Bought by
Gibbs James P
Source: Public Records

Range of Values:

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Average Value
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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
Bundrick John $220,000 --
Hill Shannon $28,900 --
Citimortgage Inc $61,300 --
Federal National Mtg Associati -- --
Citimortgage Inc $61,348 --
Gibbs James P -- --
Gibbs James P $50,400 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $220,000 -2.2% $119 / Sq Ft
10/12/2023 10/12/23 For Sale $225,000 -- $122 / Sq Ft
Source: Savannah Multi-List Corporation

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 $3,175 $87,796 $12,000 $75,796
2023 $2,744 $71,462 $10,400 $61,062
2022 $1,891 $59,266 $10,400 $48,866
2021 $1,278 $37,925 $8,000 $29,925
2020 $1,243 $36,875 $8,000 $28,875
2019 $1,157 $34,081 $8,000 $26,081
2018 $1,083 $31,887 $7,200 $24,687
2017 $812 $23,906 $7,200 $16,706
2016 $812 $23,906 $7,200 $16,706
2015 $814 $23,949 $7,200 $16,749
2014 $394 $21,600 $7,200 $14,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Heys Wade

    Keller Williams Greater Athens

  • B

    Seller Co-Listing Agent in 2023

    Brooke Wade

    Keller Williams Greater Athens

  • C

    Buyer's Agent in 2023

    Cheri Cherry

    Dwell Real Estate

See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: CM1010672

Savannah Multi-List Corporation

APN: 162C-050

Georgia Clarke County Athens 30601

402 Freeman Dr Unit 402-404, Athens, GA

This home is located at 402 Freeman Dr Unit 402-404, Athens, GA 30601 since 12 October 2023 and is currently estimated at $264,185, approximately $142 per square foot. This property was built in 1983. 402 Freeman Dr Unit 402-404 is a home located in Clarke County with nearby schools including Fowler Drive Elementary School, Coile Middle School, and Cedar Shoals High School.

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.

Savannah Multi-List Corporation 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.

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