NOT LISTED FOR SALE

403 S Broad St SW Rome, GA 30161

Estimated Value: $134,000 - $211,000

7 Beds
2 Baths
-- Sq Ft
5,793 Sq Ft Lot

Last Sold December 27, 2019

Last sale price $97,950

Est. 76% increase in value since last sale

Current estimated payment $1,054/month

25 Days on Market

Highlights

  • City View
  • Central Heating and Cooling System
  • Level Lot
  • 1-Story Property

About This Home

As of December 2019

INCOME GENERATING DUPLEX- great investment opportunity! 2 bedroom, 1 bath on each side. Unit A signed two year lease through November 2021. Unit B is available June 1, 2020. Recent Improvements: Added blow in insulation to attic. Total clean up of entire property. Side A: *Added mini split unit Dec 2018. No previous HVAC when purchased. *Had pipes repaired and replaced with to code plumbing for laundry and shower *Reworked some of the electrical panel and outlets. Side B: *Basic cosmetic repairs. Painted, refinished tub

Last Agent to Sell the Property

Sara Underwood

Atlanta Communities Real Estate Brokerage License #393562 Listed on: 10/31/2019

Atlanta Communities Real Estate Brokerage

Last Buyer's Agent

Tim Brummel

Home Pledge Realtors, LLC License #374988

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $279

Year Built

  • Built in 1940

Lot Details

  • 5,793 Sq Ft Lot
  • Lot Dimensions are 55x110
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • City Views

Parking

  • 2 Parking Spaces
  • Driveway Level

Schools

  • West End Elementary School
  • Rome Middle School
  • Rome High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number J14E- -083 -

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$279

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1940
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central

Schools

  • Elementary School: West End
  • Middle School: Rome
  • High School: Rome

Lot Info

  • Acres: 0.1330
  • Land/Lot: 277
  • Section G M D: 3
  • Deed Book: 2565
  • Deed Page: 1087
  • Lot Features: Level
  • Lot Dimensions: 55x110
  • Parcel Number: J14E- -083 -
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 279.00
  • Assessor Parcel Number: J14E- -083 -
  • Close Date: 2019-12-27
  • Tax Year: 2018

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School Bus Route Elem: Yes
  • Elementary School: West End
  • High School: Rome
  • Middle School: Rome

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 27, 2019
Sold by
Homelife Llc
Bought by
Brummel Rachel K
Seller's Agent
Sara Underwood
Atlanta Communities Real Estate Brokerage
Buyer's Agent
Tim Brummel
Home Pledge Realtors, LLC
List Price
$115,000
Sold Price
$97,950
Premium/Discount to List
-$17,050
-14.83%
Current Estimated Value
$171,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,965
Avg. Annual Appreciation
11.62%
Original Mortgage
$73,462
Outstanding Balance
$65,597
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$113,324

Purchase Details

Closed on
Sep 24, 2018
Sold by
Lewis Jason
Bought by
Homelife Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Interest Rate
4.11%

Purchase Details

Closed on
Dec 17, 2004
Sold by
Smith Roy L and Smith Mary F
Bought by
Delgado Daniel

Purchase Details

Closed on
Jul 20, 1992
Sold by
Fricks E William
Bought by
Smith Roy L and Smith Mary F

Purchase Details

Closed on
May 1, 1986
Sold by
Salmon Sherold
Bought by
Fricks E William

Purchase Details

Closed on
Jul 12, 1969
Sold by
Salmon Sherald and Warren Lindsey
Bought by
Salmon Sherold

Purchase Details

Closed on
Mar 1, 1967
Bought by
P and R

Purchase Details

Closed on
Feb 17, 1967
Sold by
Looney Farris K
Bought by
Salmon Sherald and Warren Lindsey

Purchase Details

Closed on
Oct 4, 1963
Sold by
Looney Charles
Bought by
Looney Farris K

Purchase Details

Closed on
Jan 1, 1901
Bought by
Looney Charles
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
Brummel Rachel K $97,950 --
Homelife Llc -- --
Lewis Jason $89,900 --
Delgado Daniel $43,500 --
Smith Roy L $25,000 --
Fricks E William $15,000 --
Salmon Sherold $50,000 --
P -- --
Salmon Sherald $86,500 --
Looney Farris K -- --
Looney Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brummel Rachel K $73,462
Previous Owner Lewis Jason $71,920
Previous Owner Delgado Daniel $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $97,950 -14.8% --
11/25/2019 11/25/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $115,000 -- --
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 $1,147 $32,390 $4,506 $27,884
2023 $1,147 $30,732 $4,096 $26,636
2022 $909 $24,911 $3,277 $21,634
2021 $770 $20,753 $3,277 $17,476
2020 $709 $18,940 $2,560 $16,380
2019 $544 $14,690 $2,560 $12,130
2018 $279 $7,525 $2,560 $4,965
2017 $270 $7,280 $2,560 $4,720
2016 $247 $6,660 $2,560 $4,100
2015 $234 $6,660 $2,560 $4,100
2014 $234 $6,660 $2,560 $4,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6640001

First Multiple Listing Service (FMLS)

APN: J14E-083