NOT LISTED FOR SALE

490 E Railroad St SE Pelham, GA 31779

Estimated Value: $99,000 - $120,000

2 Beds
1 Bath
1,452 Sq Ft
$76/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $15,000 $10 Per Sq Ft

Est. 632% increase in value since last sale

Current estimated payment $746/month

91 Days on Market

Highlights

  • Guest House
  • No HOA
  • 1-Story Property
  • Traditional Architecture
  • Downtown Location

About This Home

As of February 2018

GREAT INVESTMENT PROPERTY, YOU CAN GET TWO HOUSES AT THE PRICE OF ONE AND YOU GET THREE ADDITIONAL LOTS THAT ARE ON COTTON AVE. BOTH HOUSES DO NEED WORK BUT WHEN DONE IT WILL CERTAINLY BE WORTH IT. WILL MAKE TWO GREAT RENTAL PROPERTIES OR CAN LIVE IN ONE AND RENT THE OTHER. THIS IS A MUST SEE, CALL FOR SHOWING TODAY.

Last Listed By

Wade Bowles

Janice Smith Realty, LLC Brokerage Phone: 2293365884 License #267355 Listed on: 10/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1958

Lot Details

  • 0.4 Acre Lot
  • Downtown Location

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Dirt Driveway
  • Open Parking

Additional Homes

  • Guest House

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,652

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Subdivision Name: Metes & Bounds
  • Directions: FROM CAMILLA TAKE HWY 19 SOUTH TO PELHAM AND TURN RIGHT ONTO BAGGS THEN LEFT ONTO COTTON AVE, AT STOP SIGN TURN RIGHT AND HOUSE IS ON THE RIGHT.
  • Architectural Style: Traditional
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1958
  • Attribution Contact: 2293365884
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1452
  • Window Features: Wood Frames

Exterior Features

  • Lot Features: Parkside, Double Lot, Downtown Area
  • Pool Private: No
  • Construction Type: Block
  • Foundation Details: Slab
  • Other Structures: Guest House
  • Property Condition: Fixer
  • Roof: Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Dirt Drive

Utilities

  • Laundry Features: Outside
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Water Connected

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 17424
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2019
Sold by
Stills Melissa M
Bought by
Hrs Rentals Llc
Total Days on Market
91
Current Estimated Value
$109,773

Purchase Details

Listed on
Oct 6, 2017
Closed on
Feb 13, 2018
Sold by
Cochran Mattie T
Bought by
Stills Melissa M
Seller's Agent
Wade Bowles
Janice Smith Realty, LLC
Buyer's Agent
Wade Bowles
Janice Smith Realty, LLC
List Price
$45,000
Sold Price
$15,000
Premium/Discount to List
-$30,000
-66.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.11%
Original Mortgage
$36,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2017
Sold by
Edward Louis
Bought by
Cochran Mattie N

Purchase Details

Closed on
Sep 28, 2016
Sold by
Louis
Bought by
Cochran Mattie T

Purchase Details

Closed on
Apr 11, 2016
Sold by
Cochran Mattie T
Bought by
Detoy Louis Edward and Detoy Tammy Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2014
Sold by
Collins Veronnica
Bought by
Cochran Mattie T

Purchase Details

Closed on
Mar 1, 2012
Sold by
Cochran Harbert
Bought by
Collins Veronnica

Purchase Details

Closed on
Dec 7, 2010
Sold by
Cochran Harbert N
Bought by
Cochran Harbert N

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
Hrs Rentals Llc -- --
Stills Melissa M $15,000 --
Cochran Mattie N -- --
Cochran Mattie T -- --
Detoy Louis Edward $42,500 --
Cochran Mattie T -- --
Collins Veronnica $33,000 --
Cochran Harbert N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stills Melissa M $36,000
Previous Owner Detoy Louis Edward $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $15,000 -66.7% $10 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $45,000 -- $31 / Sq Ft
Source: Thomasville Area Board of REALTORS®

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 $1,652 $37,840 $1,400 $36,440
2023 $1,678 $37,840 $1,400 $36,440
2022 $1,238 $27,920 $1,400 $26,520
2021 $1,095 $24,680 $1,400 $23,280
2020 $1,051 $24,680 $1,400 $23,280
2019 $261 $13,960 $1,400 $12,560
2018 $631 $13,960 $1,400 $12,560
2017 $288 $14,634 $1,400 $13,234
2016 $270 $14,634 $1,400 $13,234
2015 $270 $14,634 $1,400 $13,234
2014 $270 $14,558 $1,400 $13,158
2013 $270 $14,558 $1,400 $13,158
Source: Public Records

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Source: Thomasville Area Board of REALTORS®

MLS Number: 911974

APN: P0180-043-A00