NOT LISTED FOR SALE

Estimated Value: $473,000 - $575,573

5 Beds
3 Baths
2,352 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $181,500 $77 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $3,183/month

382 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Screened Porch
  • Johnnie Lay Burks Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

Amazing opportunity in Sunset/General Hospital area, one of the most desirable areas of Athens. Currently being occupied as a duplex but could easily be converted to a single family residence. Features a total of 5 bedrooms, 3 baths and over 2,300 square feet. Includes an adorable 2/1 cottage with a large 3/2 addition in the rear. Great investment opportunity...rent one unit and live in the other for very little. Or easily combine the two units for TONS of space for a large or growing family. The front Unit A features 2 bedrooms, 1 bath, separate dining room, original hardwoods throughout and all appliances remain including washer & dryer. Unit B in the rear features 3 bedrooms, 2 baths, a living room & an additional multi-functional room (perfect for an office, guest room or play room), a fireplace, updated appliances, updated flooring, fresh interior paint, and all appliances remain including washer & dryer. Large covered porch is shared by both units as are the two covered outdoor buildings. With a little TLC, these buildings could make great artist's studios, workshops or owner's storage. Walk or bike to many Athens favorites like Aqua Linda, Ike & Jane, Normal Bar, Bishop Park, and The Farmer's Market. Piedmont College and the new UGA Health Sciences campus are just minutes from your doorstep. Downtown Athens and UGA Campus are a few minutes bus or car ride away. Rare find and great investment opportunity to purchase a grandfathered duplex in this very popular single family zoned area...and located in the highly regarded Chase Elementary School district! *Both units are currently occupied by tenants and new leases run through the end of July 2016. Unit A rent brings in $800/month and Unit B rent is $1000/month*

Last Agent to Sell the Property

Aaron Cirou

Arch Properties and Investment, LLC License #244922 Listed on: 12/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1949

Lot Details

  • 0.34

Parking

  • 3 Parking Spaces

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Chase Street Elementary School
  • Clarke Middle School
  • Clarke Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Sunset Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122 A3 B001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,020

Year Built

Built in 1949

Lot Details

0

Listing Details

  • GarageYN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1949
  • Subdivision Name: Sunset Terrace
  • Above Grade Finished Sq Ft: 2352.0
  • Reso Flooring: Tile, Vinyl, Wood
  • Reso Interior Features: Other
  • Tax Year: 2014
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Total Bedrooms: 8
  • Stories: 1

Exterior Features

  • Other Structures: Storage
  • Acres: 0.34
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Porch
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Middle Or Junior School: Clarke Middle

Lot Info

  • Lot Size Area: 0.34
  • Parcel Number: 122 A3 B001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2020.0

MLS Schools

  • Elementary School: Chase Street
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Williams Clark R
Bought by
Roytown Llc
Current Estimated Value
$498,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,250
Outstanding Balance
$212,554
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$275,202

Purchase Details

Closed on
Oct 16, 2019
Sold by
Svnv Capital Llc
Bought by
Gamma Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,132
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jan 27, 2016
Sold by
Wolkis Enterprises Llc
Bought by
Vandalay Investments Llc
Seller's Agent
Aaron Cirou
Arch Properties and Investment, LLC
List Price
$235,000
Sold Price
$181,500
Premium/Discount to List
-$53,500
-22.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$155,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2014
Sold by
Wolkis Edward
Bought by
Wolkis Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2003
Sold by
F C Development Llc
Bought by
Wolkis Edward

Purchase Details

Closed on
May 19, 2003
Sold by
Emily Joseph Todd
Bought by
F C Development Llc

Purchase Details

Closed on
Mar 29, 1997
Sold by
Tiller Will Ed
Bought by
Emily Joseph Todd
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
Roytown Llc -- --
Williams Clark R $311,000 --
Gamma Holdings Llc -- --
Vandalay Investments Llc $181,500 --
Wolkis Enterprises Llc -- --
Wolkis Edward $165,000 --
F C Development Llc $125,000 --
Emily Joseph Todd $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Clark R $233,250
Previous Owner Gamma Holdings Llc $142,132
Previous Owner Vandalay Investments Llc $151,358
Previous Owner Vandalay Investments Llc $155,000
Previous Owner Wolkis Edward $112,000
Previous Owner Wolkis Edward $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $181,500 -22.8% $77 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $235,000 -- $100 / 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 $5,470 $175,040 $40,000 $135,040
2023 $5,470 $148,993 $36,000 $112,993
2022 $3,968 $126,206 $36,000 $90,206
2021 $3,557 $105,543 $36,000 $69,543
2020 $3,166 $93,938 $32,000 $61,938
2019 $2,952 $86,956 $26,000 $60,956
2018 $2,886 $84,994 $26,000 $58,994
2017 $2,463 $72,554 $16,000 $56,554
2016 $2,391 $70,423 $16,000 $54,423
2015 $2,280 $67,060 $14,000 $53,060
2014 $2,020 $59,330 $14,000 $45,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM942881

Savannah Multi-List Corporation

APN: 122A3-B-001