NOT LISTED FOR SALE

Estimated Value: $305,000 - $335,760

3 Beds
2 Baths
2,104 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $307,000 $146 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,975/month

8 Days on Market

Highlights

  • 2 Fireplaces
  • 1-Story Property
  • 5-minute walk to Ivey Terrace Park
  • No HOA
  • Heating Available

About This Home

As of October 2024

Great opportunity to own this income producing duplex in an amazing location right off the square in Gainesville. This 4 side brick home sits on a great corner lot and has been updated on the interior. With great paying tenants in place, this one is a plug and play for the savvy investor. DO NOT DISTURB tenants. No showings until during buyers due diligence period.

Last Agent to Sell the Property

Joseph Eterno

Keller Williams Greater Athens License #362661 Listed on: 09/10/2024

Keller Williams Greater Athens

Last Buyer's Agent

Beverly Filson

The Norton Agency License #320745

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 6,534

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces

Schools

  • Centennial Elementary School
  • Gainesville Middle School
  • Gainesville High School

Additional Features

  • 6,534 Sq Ft Lot
  • Heating Available

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $2,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,010

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Financing Type: 100%
  • Levels: One
  • Lot Size Acres: .15
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Other
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Centennial
  • High School: Gainesville
  • Middle School: Gainesville
  • Elementary School: Centennial
  • Middle School: Gainesville
  • High School: Gainesville

Lot Info

  • Deed Book: 9136
  • Deed Page: 5612022

Rental Info

  • Owner Pays: Other

Multi Family

  • Total Fireplaces: 2
  • GrossIncome: 2900
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1009.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Oct 15, 2024
Sold by
Perez Salvador
Bought by
Winston Family Llc
Seller's Agent
Joseph Eterno
Keller Williams Greater Athens
Buyer's Agent
Beverly Filson
The Norton Agency
List Price
$350,000
Sold Price
$307,000
Premium/Discount to List
-$43,000
-12.29%
Views
15
Current Estimated Value
$318,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,263
Avg. Annual Appreciation
2.37%

Purchase Details

Listed on
May 19, 2022
Closed on
May 31, 2022
Sold by
Gilstrap John M
Bought by
Perez Salvador
Seller's Agent
Brian Addison
Keller Williams Realty Atlanta Partners
Buyer's Agent
RAUL MADERA
Keller Williams Lanier Partners
List Price
$205,000
Sold Price
$220,000
Premium/Discount to List
$15,000
7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%

Purchase Details

Closed on
Feb 11, 2008
Sold by
Gilstrap John
Bought by
Gilstrap Shelia S and Gilstrap John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2001
Sold by
Wilson Bill and Wilson Steve H
Bought by
Gilstrap John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 1995
Sold by
Williams Paula Judith
Bought by
Wilson Bill Steve H
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
Winston Family Llc $307,000 --
Perez Salvador $220,000 --
Gilstrap Shelia S -- --
Gilstrap John $83,000 --
Wilson Bill Steve H $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilstrap Shelia S $104,000
Previous Owner Gilstrap John $83,000
Previous Owner Wilson Bill $53,381
Closed Wilson Bill Steve H $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $307,000 -12.3% $146 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $350,000 +59.1% $166 / Sq Ft
05/31/2022 05/31/22 Sold $220,000 +7.3% $105 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $205,000 -- $97 / 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
2024 $2,797 $97,680 $10,400 $87,280
2023 $2,582 $92,160 $10,400 $81,760
2022 $354 $75,160 $10,400 $64,760
2021 $324 $62,280 $7,320 $54,960
2020 $1,889 $62,840 $7,320 $55,520
2019 $1,938 $63,520 $5,640 $57,880
2018 $309 $52,080 $6,560 $45,520
2017 $315 $47,040 $6,560 $40,480
2016 $1,372 $45,288 $3,280 $42,008
2015 $879 $45,288 $3,280 $42,008
2014 $879 $45,288 $3,280 $42,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10374922

Georgia MLS

APN: 01-00025-05-004