NOT LISTED FOR SALE

406 Freeman Dr Athens, GA 30601

Athens Area

Estimated Value: $242,000 - $259,186

Studio
2 Baths
1,848 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2024

Last sale price $255,000 $138 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,634 / mo

6 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Heating Available
  • 1-Story Property

About This Home

As of October 2024

This duplex presents the perfect opportunity to for an owner occupant wanting to occupy one side and rent out the other or for a an investor to add a beautiful multifamily property to their portfolio! One side was renovated in 2019 and the other side was renovated in 2021. One side leased at $1,000/m through 7/31/25. Other side is vacant and ready for an occupant!

Last Agent to Sell the Property

Ryan Hamm

Better Life Realty License #363507 Listed on: 08/08/2024

Last Buyer's Agent

Cheri Cherry

Dwell Real Estate License #346969

Dwell Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 22,216 Sq Ft Lot

Parking

  • Over 1 Space Per Unit

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Schools

  • Fowler Drive Elementary School
  • Clarke Middle School
  • Clarke Central High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Ashmore Subdivision

Listing and Financial Details

  • The owner pays for sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,233

Year Built

Built in 1983 | Remodeled

Lot Details

0.51 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1983
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .51
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Wood Siding
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Over 1 Space per Unit

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Septic Tank
  • Utilities: Electricity Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fowler Drive
  • High School: Clarke Central
  • Middle School: Clarke

Rental Info

  • Owner Pays: Other, Sewer

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2233.19

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Oct 9, 2024
Sold by
Bought by
Seller's Agent
Ryan Hamm
Better Life Realty
Buyer's Agent
Cheri Cherry
Dwell Real Estate
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%
Views
108
Current Estimated Value
$249,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,953
Avg. Annual Appreciation
-1.26%

Purchase Details

Closed on
Aug 7, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 1992
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$255,000 --
$85,000 --
-- --
$61,954 --
-- --
$88,702 --
$83,300 --
$75,000 --
$65,000 --
$51,500 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $82,500
Previous Owner $85,000
Previous Owner $81,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $255,000 -5.2% $138 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $269,000 -- $146 / Sq Ft
Source: Georgia MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,154 $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 $735 $21,600 $7,200 $14,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10354891

Georgia MLS

APN: 162C-051

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