$95,000
SOLD MAY 22, 2025

485 Mellon St Columbus, GA 31903

2 Beds
2 Baths
960 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

24% Below List Price

180 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-Story Property

About This Home

As of May 2025

Investors, seize this exceptional opportunity to add a prime duplex to your portfolio! This well-maintained property features two fully remodeled 1-bedroom, 1-bath units, perfect for generating consistent rental income. Each unit has been updated with fresh interior and exterior paint. Recent renovations include the removal of a dilapidated enclosed porch and tree removal, providing a clean, inviting exterior. Significant upgrades have been made to ensure long-term durability and efficiency. The building showcases new fascia, soffit, and trim, along with a brand new 25-year architectural shingle roof and stylish new front doors. Inside, modern LVP flooring, two newly added kitchenettes—each equipped with sinks—make these units highly functional for tenants. The bathrooms have been tastefully updated with new vanities, plumbing, and fixtures. Additional improvements include brand new electric hot water heaters with protective pans, ensuring peace of mind for you and your tenants. The front fence has been repaired, adding to the property's overall appeal and security. Every unit has been fitted with new fixtures and upgraded electrical outlets, including GFCIs for safety compliance. Financially, this duplex is a standout investment. Each unit can generate approximately $800 per month, yielding a total income of $1,600. When factoring in management fees, vacancies, property taxes, insurance, and maintenance costs, the estimated cap rate stands around 11%. This impressive cash flow potential makes it a smart addition to any real estate portfolio. Constructed of all block, this building is built to last, requiring no immediate updates or repairs. With its strategic location and strong rental demand, this duplex promises to be a reliable source of income for years to come. Don't miss out on this opportunity to secure a soun

Last Agent to Sell the Property

Michael Kennedy

Coldwell Banker / Kennon, Parker, Duncan & Davis Brokerage Phone: 7062561000 License #409867 Listed on: 10/19/2024

Coldwell Banker / Kennon, Parker, Duncan & Davis

Co-Listed By

Melinda Kennedy

Coldwell Banker / Kennon, Parker, Duncan & Davis Brokerage Phone: 7062561000 License #409866

Last Buyer's Agent

Anthony Montgomery

Coldwell Banker / Kennon, Parker, Duncan & Davis License #427420

Coldwell Banker / Kennon, Parker, Duncan & Davis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $950

Year Built

  • Built in 1960

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 8,276 Sq Ft Lot
  • No Heating

Community Details

  • No Home Owners Association
  • Andrews Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048 002 003A

Home Details

Home Type

Single Family

Est. Annual Taxes

$950

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Attribution Contact: 7062561000
  • Directions: From I-185s, Take Exit 4 And Turn Right Onto Buena Vista Rd. Turn Left Onto Andrews Rd. Take Sharp Left Onto E Central St. Turn Right Onto Mellon St.
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: 52
  • Co List Office Phone: 706-256-1000
  • Subdivision Name: Andrews
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 960
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Brick

Utilities

  • Sewer: Public Sewer
  • Security: Smoke Detector(s), None
  • Heating Yn: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 048 002 003A
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2024
Closed on
May 21, 2025
Sold by
Kennedy Montgomery Team Llc
Bought by
Naparstek Arye and Naparstek Menachem
Seller's Agent
Michael Kennedy
Coldwell Banker / Kennon, Parker, Duncan & Davis
Buyer's Agent
Anthony Montgomery
Coldwell Banker / Kennon, Parker, Duncan & Davis
List Price
$124,900
Sold Price
$95,000
Premium/Discount to List
-$29,900
-23.94%
Views
104
Current Estimated Value
$80,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,006
Avg. Annual Appreciation
-31.60%
Original Mortgage
$71,250
Outstanding Balance
$71,003
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$9,991

Purchase Details

Closed on
Jul 31, 2024
Sold by
Family Snowball Llc
Bought by
Kennedy Montgomery Team Llc

Purchase Details

Closed on
May 31, 2024
Sold by
Riley Sharon
Bought by
Streeter Washington Angela
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 Type Sale Price Title Company
Special Warranty Deed $95,000 None Listed On Document
Special Warranty Deed $95,000 None Listed On Document
Special Warranty Deed $24,000 None Listed On Document
Special Warranty Deed $12,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,250 New Conventional
Closed $71,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2025 05/22/25 Sold $95,000 -9.5% $99 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $105,000 -8.3% $109 / Sq Ft
02/22/2025 02/22/25 Price Changed $114,500 -0.4% $119 / Sq Ft
12/10/2024 12/10/24 Price Changed $114,999 -7.9% $120 / Sq Ft
10/19/2024 10/19/24 For Sale $124,900 -- $130 / Sq Ft
Source: Columbus Board of REALTORS® (GA)

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 $950 $24,272 $2,944 $21,328
2024 $772 $19,716 $3,144 $16,572
2023 $777 $19,716 $3,144 $16,572
2022 $628 $15,388 $3,144 $12,244
2021 $641 $14,076 $3,144 $10,932
2020 $575 $14,076 $3,144 $10,932
2019 $577 $14,076 $3,144 $10,932
2018 $577 $14,076 $3,144 $10,932
2017 $1,589 $14,076 $3,144 $10,932
2016 $254 $6,153 $1,806 $4,347
2015 $102 $6,153 $1,806 $4,347
2014 $102 $6,153 $1,806 $4,347
2013 -- $6,153 $1,806 $4,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus Board of REALTORS® (GA)

MLS Number: 216609

Columbus Board of REALTORS® (GA)

APN: 048-002-003A