NOT LISTED FOR SALE

402 Freeman Dr Unit 402-404 Athens, GA 30601

Estimated Value: $244,000 - $279,781

4 Beds
2 Baths
1,848 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2023

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

Est. 16% increase in value since last sale

Current estimated payment $1,618 / mo

Highlights

  • Deck
  • No HOA
  • Screened Patio
  • 1 Fireplace
  • Porch
  • Central Air

About This Home

As of October 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

Keller Williams Greater Athens

Co-Listed By

Brooke Holloman 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

  • 20,299 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • 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

0.47 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1983
  • Property Sub Type: Duplex
  • Appliances: Dishwasher, Range, Refrigerator
  • Original List Price: 225000.00
  • Living Area: 1848.00
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement: None, Crawl Space
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral Ceiling(s)
  • Above Grade Finished Area Units: Square Feet
  • Has Basement?: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Has Fireplace?: Yes
  • Stories: 1
  • Above Grade Unfinished Area Units: Square Feet
  • Below Grade Unfinished Area Units: Square Feet

Exterior Features

  • Exterior Features: Deck
  • Waterfront?: No
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Porch, Deck, Screened

Garage/Parking

  • Has Attached Garage?: No
  • Total Parking Spaces: 4.00

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Has Cooling?: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Has H O A?: No

Schools

  • Elementary School: Fowler Drive
  • High School: Cedar Shoals
  • Middle Or Junior School: Coile Middle

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.466
  • Parcel#: 162C-050
  • Permitted Use: Public

Rental Info

  • Tenant Pays: Cable TV, Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Amount: 1890

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
51
Current Estimated Value
$255,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,195
Avg. Annual Appreciation
5.97%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold $220,000 -2.2% $119 / Sq Ft
10/12/2023 10/12/23 For Sale $225,000 -- $122 / Sq Ft
Source: Hive MLS

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
2025 $3,175 $102,245 $12,000 $90,245
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

  • Heys Wade

    Seller's Agent in 2023

    Heys Wade

    Keller Williams Greater Athens

    (229) 942-6353

    117 Total Sales

    Heys Wade
    Section Image
  • Brooke Holloman Wade

    Seller Co-Listing Agent in 2023

    Brooke Holloman Wade

    Keller Williams Greater Athens

    (706) 224-2261

    172 Total Sales

    Brooke Holloman Wade
    Section Image

  • C

    Buyer's Agent in 2023

    Cheri Cherry

    Dwell Real Estate

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Map

Source: Hive MLS

MLS Number: CM1010672

Hive MLS

APN: 162C-050

Georgia Clarke County Athens 30601

402 Freeman Dr Unit 402-404, Athens, GA

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.

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Information is deemed reliable but not guaranteed.

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