NOT LISTED FOR SALE

488 Grosso Ave Macon, GA 31204

Estimated Value: $55,000 - $74,000

2 Beds
1 Bath
624 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 28, 2022

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

Est. 2% increase in value since last sale

Current estimated payment $413/month

10 Days on Market

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 Listed By

Dailan Hughes

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

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%
Total Days on Market
10
Current Estimated Value
$66,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,362
Avg. Annual Appreciation
0.74%
Original Mortgage
$47,250
Outstanding Balance
$23,724
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$43,138

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 1156 Anthony Rd, Macon, GA 31204

    $72,000

    • 4 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 1156 Anthony Rd
    • Macon, GA

    Calling all Investors, your opportunity to purchase a brick duplex at a great price has arrived! This one has consistent income already in place with plenty of potential for increasing rent prices over time. Call today before it's too late. PLEASE DO NOT DISTURB THE TENANTS!

    Jerrod Otting Keller Williams Realty Middle Georgia

    Section Image
  • 1271 Sherbrooke Dr, Macon, GA 31204

    $70,000

    • 3 Beds
    • 1.5 Baths
    • 1,275 Sq Ft
    • 1271 Sherbrooke Dr
    • Macon, GA

    Calling all investors!! You don't want to miss out on this opportunity. This home is located in a well-established neighborhood situated on a nice lot convenient to shopping and grocery stores! A little TLC will make this home a beautiful place for someone to call home or a great investment.

    Tina Cainion MAXIMUM ONE PLATINUM REALTORS

    Section Image
  • 4109 Brookdale Ave, MacOn, GA 31204

    $80,000

    • 4 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 4109 Brookdale Ave
    • MacOn, GA

    Great Investment Opportunity! Both Units Tenant Occupied at $400 per unit. Adjacent Property also for sale. (MLS#179259- 4089 Brookdale Ave.) Showings during due diligence only. Contact Agent for more information today!

    Thelman Young Realty Unlimited, LLC

    Section Image
  • 4089 Brookdale Ave, MacOn, GA 31204

    $80,000

    • 4 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 4089 Brookdale Ave
    • MacOn, GA

    Great Investment Opportunity! Tenant Occupied at $800. Currently on one utility meter with walk-through access between units, but could easily be converted back to duplex. Adjacent Property also for sale. (MLS#179254- 4109 Brookdale Ave.) Showings only during due diligence period. Contact Agent for more information today!

    Thelman Young Realty Unlimited, LLC

    Section Image

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 Change Sq Ft Price
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

  • Section Image
See All Agents

Map

Source: Central Georgia MLS

MLS Number: 223822

Central Georgia MLS

APN: O081-0272