NOT LISTED FOR SALE

488 Grosso Ave Macon, GA 31204

Estimated Value: $74,000 - $80,000

2 Beds
1 Bath
624 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $65,500 $105 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $452/month

Highlights

  • 1-Story Property
  • Central Heating and Cooling System
  • Combination Kitchen and Dining Room

About This Home

As of July 2022

Turn key investment opportunity on a corner lot off of Mercer University Drive. Home has been completely renovated with new doors, windows, roof, electrical, plumbing, kitchen, HVAC, floors, and paint! Two bedroom, one bath home with fenced-in yard. Property is located only 7 minutes from Downtown Macon, 4 minutes from Mercer University and I-75, and 3 minutes from the Macon Mall that will soon house the new Amphitheater! Tenant is scheduled to move in on 7/1 at $750 per month.

Last Agent to Sell the Property

Dailan Hughes

SOLD REALTY GROUP License #378710 Listed on: 06/20/2022

Last Buyer's Agent

Non-MLS Transac NON-MLS TRANSACTION

Central Ga. MLS License #0000000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $521

Year Built

  • Built in 1953

Lot Details

  • 4,356

Home Design

  • Stucco

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 4,356 Sq Ft Lot
  • Central Heating and Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$521

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Investment
  • Estimated Age: 69
  • District: 11
  • Total Finished Price per Sq Ft: 104.97
  • Level: 1 Story
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 624
  • Bedrooms: 2
  • Master Bedroom On Mainflr: Yes
  • Full Bathrooms: 1
  • Dining Room Type: Combo
  • Kitchen Appliances: Refrigerator
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Total Apx Finished Sq Ft: 624

Exterior Features

  • Construction: Stucco
  • Construction Status: ReSale

Utilities

  • Air Conditioner: Central Electric
  • Heat: Central Electric
  • Sewer: City/County
  • Water: City/County

Schools

  • Elementary School: Bibb-Hartley
  • Middle School: Bibb-Ballard Hudson
  • High School: Bibb-Southwest

Lot Info

  • Estimated Lot Size: 0.1
  • Geo Subdivision: GA
  • Land Lot: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 28, 2022
Sold by
Brabham Realtors Llc
Bought by
Wall Steven and Schallot David
Seller's Agent
Dailan Hughes
SOLD REALTY GROUP
Buyer's Agent
Non-MLS Transac NON-MLS TRANSACTION
Central Ga. MLS
List Price
$75,000
Sold Price
$65,500
Premium/Discount to List
-$9,500
-12.67%
Current Estimated Value
$77,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,708
Avg. Annual Appreciation
5.27%
Original Mortgage
$47,250
Outstanding Balance
$19,715
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$57,493

Purchase Details

Closed on
Sep 13, 2021
Sold by
Macon Bibb County
Bought by
Brabham Realtors Llc

Purchase Details

Closed on
Sep 29, 1953
Sold by
Meadows E B
Bought by
Rease Inez
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
Wall Steven $65,500 None Listed On Document
Brabham Realtors Llc $8,000 None Available
Rease Inez $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wall Steven $47,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $65,500 -12.7% $105 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $75,000 -- $120 / Sq Ft
Source: Central 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 $521 $20,496 $1,300 $19,196
2023 $469 $18,451 $1,000 $17,451
2022 $292 $8,438 $1,507 $6,931
2021 $321 $8,438 $1,507 $6,931
2020 $328 $8,438 $1,507 $6,931
2019 $330 $8,438 $1,507 $6,931
2018 $686 $8,438 $1,507 $6,931
2017 $54 $8,438 $1,507 $6,931
2016 $50 $8,438 $1,507 $6,931
2015 $71 $8,438 $1,507 $6,931
2014 $133 $8,438 $1,507 $6,931
Source: Public Records

Agents Affiliated with this Home

  • Dailan Hughes

    Seller's Agent in 2022

    Dailan Hughes

    SOLD REALTY GROUP

    (478) 390-4773

    174 Total Sales

    Dailan Hughes
    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Transac NON-MLS TRANSACTION

    Central Ga. MLS

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Map

Source: Central Georgia MLS

MLS Number: 223822

Central Georgia MLS

APN: O081-0272

Georgia Bibb County Macon-Bibb

488 Grosso Ave, Macon-Bibb, GA

This home is located at 488 Grosso Ave, Macon, GA 31204 since 20 June 2022 and is currently estimated at $77,208, approximately $123 per square foot. This property was built in 1953. 488 Grosso Ave is a home located in Bibb County with nearby schools including Hartley Elementary School, Southwest High School, and Cirrus Charter Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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