NOT LISTED FOR SALE

4196 Mikado Ave Macon, GA 31206

Estimated Value: $126,000 - $194,000

4 Beds
3 Baths
1,606 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $170,050 $106 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,051/month

21 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of October 2023

Looking for a property that generates multiple streams of income? Look no further than this stunning duplex in Macon, GA generating a gross income of $2250 and a net income of $1850, this property offers a great return on investment. All tenants are Section 8, ensuring a consistent and reliable source of rental income. Additionally, this property also offers a value-added opportunity with a small 2nd house in the backyard, which can provide additional rental income or potential for owner-occupied living. Recent renovations include a new roof, HVAC system, water heater, fresh interior and exterior paint, and upgraded kitchen, bathroom, and bedrooms. These updates have made the property move-in ready and low-maintenance. Located near Mercer University, this property is in a great location for tenants and investors alike. With the ability to cover your mortgage payment and make a profit, this property is an incredible investment opportunity. Don't miss out on this fantastic chance to own a profitable rental property in a great location. Schedule a showing today!

Last Agent to Sell the Property

GABRIEL BETTSACK

Keller Williams Realty Atlanta North License #328792 Listed on: 04/24/2023

Keller Williams Realty Atlanta North

Last Buyer's Agent

rona nesbitt

Lokation Real Estate LLC License #379947

Lokation Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $391

Year Built

  • Built in 1920

Lot Details

  • 0.34

Parking

  • Parking Pad

Home Design

  • Brick Exterior Construction

Schools

  • Bruce Elementary School
  • Rutland Middle School
  • Rutland High School

Additional Features

  • 1-Story Property
  • 0.34 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for electricity, gas, water

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Mikado Place Subdivision

Building Details

  • Gross Income $2,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$391

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .34
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Bruce
  • High School: Rutland
  • Middle School: Rutland

Rental Info

  • Owner Pays: Electricity, Gas, Water

Tax Info

  • Year: 2022
  • Tax Annual Amount: 391

Multi Family

  • GrossIncome: 2250
  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Oct 11, 2023
Sold by
Gainteam Group Llc
Bought by
Luxama Dieugolais
Seller's Agent
GABRIEL BETTSACK
Keller Williams Realty Atlanta North
Buyer's Agent
rona nesbitt
Lokation Real Estate LLC
List Price
$179,000
Sold Price
$170,050
Premium/Discount to List
-$8,950
-5%
Views
322
Current Estimated Value
$174,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,005
Avg. Annual Appreciation
1.11%
Original Mortgage
$136,040
Outstanding Balance
$130,025
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$44,030

Purchase Details

Closed on
Oct 21, 2021
Sold by
Chen Jimmy
Bought by
Gainteam Group Llc

Purchase Details

Closed on
Sep 17, 2021
Sold by
Chen Jimmy
Bought by
Gainteam Group Llc

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jun 14, 2021
Sold by
Tops Housing Llc
Bought by
Chen Jimmy
Seller's Agent
GABRIEL BETTSACK
Keller Williams Realty Atl North
Buyer's Agent
GABRIEL BETTSACK
Keller Williams Realty Atl North
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Apr 13, 2021
Sold by
Liberty Housing Solutions Llc
Bought by
Tops Housing Llc

Purchase Details

Closed on
Sep 16, 2011
Sold by
Dhanak Vrajesh
Bought by
Pettis Brandon

Purchase Details

Closed on
Mar 6, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Dhanak Vrajesh

Purchase Details

Closed on
Oct 2, 2007
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Luxama Dieugolais $170,050 None Listed On Document
Gainteam Group Llc -- None Available
Gainteam Group Llc -- None Available
Chen Jimmy $140,000 None Available
Tops Housing Llc $37,500 None Available
Liberty Housing Solutions Llc $27,500 None Available
Pettis Brandon $9,000 None Available
Dhanak Vrajesh $12,000 None Available
-- $32,400 --
Hud $32,402 None Available
Regions Bank $32,402 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luxama Dieugolais $136,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2023 10/11/23 Sold $170,050 0.0% $106 / Sq Ft
10/04/2023 10/04/23 Off Market $170,050 -- --
09/28/2023 09/28/23 For Sale $179,000 +5.3% $111 / Sq Ft
09/22/2023 09/22/23 Off Market $170,050 -- --
08/29/2023 08/29/23 For Sale $179,000 +5.3% $111 / Sq Ft
08/25/2023 08/25/23 Off Market $170,050 -- --
08/11/2023 08/11/23 For Sale $179,000 +5.3% $111 / Sq Ft
08/09/2023 08/09/23 Off Market $170,050 -- --
07/06/2023 07/06/23 For Sale $179,000 +5.3% $111 / Sq Ft
06/29/2023 06/29/23 Off Market $170,050 -- --
06/22/2023 06/22/23 For Sale $179,000 +5.3% $111 / Sq Ft
06/20/2023 06/20/23 Off Market $170,050 -- --
05/25/2023 05/25/23 For Sale $179,000 +5.3% $111 / Sq Ft
05/18/2023 05/18/23 Off Market $170,050 -- --
05/15/2023 05/15/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $179,000 +27.9% $111 / Sq Ft
06/25/2021 06/25/21 Sold $140,000 +0.1% $87 / Sq Ft View Prior Sale
06/19/2021 06/19/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $139,900 -- $87 / Sq Ft
Source: Georgia MLS

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
2025 $1,612 $65,580 $3,400 $62,180
2024 $1,592 $62,690 $3,400 $59,290
2023 $1,093 $43,046 $3,400 $39,646
2022 $391 $11,300 $1,593 $9,707
2021 $350 $9,222 $1,115 $8,107
2020 $358 $9,222 $1,115 $8,107
2019 $361 $9,222 $1,115 $8,107
2018 $608 $7,146 $1,115 $6,031
2017 $268 $7,146 $1,115 $6,031
2016 $247 $7,146 $1,115 $6,031
2015 $350 $7,146 $1,115 $6,031
2014 $635 $11,274 $1,274 $10,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    GABRIEL BETTSACK

    Keller Williams Realty Atlanta North

    (404) 410-0994

    50 Total Sales

    GABRIEL BETTSACK
    Section Image
  • rona nesbitt

    Buyer's Agent in 2023

    rona nesbitt

    Lokation Real Estate LLC

    (347) 355-5632

    4 Total Sales

    rona nesbitt
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10152508

Georgia MLS

APN: P102-0249

Georgia Bibb County Macon-Bibb

4196 Mikado Ave, Macon-Bibb, GA

Not Listed for Sale

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