NOT LISTED FOR SALE

5 E Pine Crest Dr Clayton, GA 30525

Estimated Value: $312,000 - $1,691,869

1 Bed
8 Baths
-- Sq Ft
0.85 Acres

Last Sold February 02, 2024

Last sale price $810,480

Est. 17% increase in value since last sale

Current estimated payment $5,286/month

20 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available

About This Home

As of February 2024

Excellent Investment Opportunity on recently renovated 3 Story, 6 unit property with 2 bedroom, 1 full bath apartments. Each unit is allotted 2 parking spaces with additional auxiliary parking on site. The 4 upper level units each have individual access to small balconies. The bottom two units have an exterior entrance to the parking area. 5 Additional lots being sold with the property would be a perfect opportunity for expansion. All units currently rented and have city water and sewer.

Last Agent to Sell the Property

Marsha Ramey

Poss Realty License #269390 Listed on: 09/19/2023

Last Buyer's Agent

Ken Kincaid

Keller Williams Lanier Partners License #384898

Keller Williams Lanier Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,235

Year Built

  • Built in 1996

Lot Details

  • 0.85 Acre Lot

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Laundry in unit

Parking

  • 12 Parking Spaces
  • Over 1 Space Per Unit
  • Off-Street Parking

Schools

  • Rabun County Primary/Elementar Elementary School
  • Rabun County Middle School
  • Rabun County High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • The owner pays for sewer, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,235

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1996
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: .85
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit, Off Street
  • ParkingTotal: 12

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rabun County Primary/Elementar
  • High School: Rabun County
  • Middle School: Rabun County

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2235.26

Multi Family

  • NumberOfUnitsTotal: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Jan 25, 2024
Sold by
Tallyho Holdings Llc
Bought by
Merrydale Properties Of Rabun County Llc
Seller's Agent
Marsha Ramey
Poss Realty
Buyer's Agent
Ken Kincaid
Keller Williams Lanier Partners
List Price
$997,064
Sold Price
$810,480
Premium/Discount to List
-$186,584
-18.71%
Views
15
Current Estimated Value
$950,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,487
Avg. Annual Appreciation
9.02%
Original Mortgage
$840,000
Outstanding Balance
$800,581
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$150,386

Purchase Details

Closed on
Oct 17, 2022
Sold by
Turner Leslie E
Bought by
Tallyho Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,400
Interest Rate
6.02%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Nov 1, 1999
Bought by
Turner Leslie E

Purchase Details

Closed on
Apr 1, 1996

Purchase Details

Closed on
Feb 1, 1996

Purchase Details

Closed on
Aug 1, 1973

Purchase Details

Closed on
Feb 1, 1965
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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
Merrydale Properties Of Rabun County Llc $810,480 --
Tallyho Holdings Llc $400,000 --
Tallyho Holdings Llc $400,000 --
Turner Leslie E -- --
Turner Leslie E -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- $2,500 --
-- $2,500 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrydale Properties Of Rabun County Llc $840,000
Previous Owner Tallyho Holdings Llc $386,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $810,480 -18.7% --
10/09/2023 10/09/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $997,064 -- --
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
2025 $3,405 $144,750 $6,000 $138,750
2024 $3,184 $135,360 $6,000 $129,360
2023 $3,170 $121,519 $6,000 $115,519
2022 $1,851 $101,126 $4,200 $96,926
2021 $2,410 $88,221 $4,200 $84,021
2020 $2,168 $76,964 $4,200 $72,764
2019 $1,503 $76,964 $4,200 $72,764
2018 $2,136 $76,964 $4,200 $72,764
2017 $1,447 $76,964 $4,200 $72,764
2016 $1,451 $76,964 $4,200 $72,764
2015 $1,579 $82,002 $4,200 $77,802
2014 $1,588 $82,002 $4,200 $77,802
Source: Public Records

Agents Affiliated with this Home

  • Marsha Ramey

    Seller's Agent in 2024

    Marsha Ramey

    Poss Realty

    (706) 490-1035

    49 in this area

    151 Total Sales

    Marsha Ramey
    Section Image
  • Ken Kincaid

    Buyer's Agent in 2024

    Ken Kincaid

    Keller Williams Lanier Partners

    (706) 969-9691

    5 in this area

    29 Total Sales

    Ken Kincaid
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20147796

Georgia MLS

APN: C002-191

Georgia Rabun County Clayton 30525

5 E Pine Crest Dr, Clayton, GA

Not Listed for Sale

MultiFamily

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.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

Nearby Homes