NOT LISTED FOR SALE

5 E Pine Crest Dr Clayton, GA 30525

Estimated Value: $580,000 - $1,044,796

1 Bed
8 Baths
-- Sq Ft
0.85 Acres

Last Sold February 02, 2024

Last sale price $810,480

Est. 3% increase in value since last sale

Current estimated payment $4,720/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
  • Price Per Square Foot: 953505

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

Lot Info

  • Deed Book: E50
  • Deed Page: 185
  • Plat Book: 44
  • Plat Page: 161

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
$836,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,469
Avg. Annual Appreciation
1.94%
Original Mortgage
$840,000
Outstanding Balance
$806,241
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$30,708

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:

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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
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
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

    53 in this area

    167 Total Sales

    Marsha Ramey
    Section Image
  • Ken Kincaid

    Buyer's Agent in 2024

    Ken Kincaid

    Keller Williams Lanier Partners

    (706) 969-9691

    4 in this area

    28 Total Sales

    Ken Kincaid
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20147796

Georgia MLS

APN: C002-191

Georgia Rabun County Clayton 30525

5 E Pine Crest Dr, Clayton, GA

This home is located at 5 E Pine Crest Dr, Clayton, GA 30525 since 19 September 2023 and is currently estimated at $836,949. This property was built in 1996. 5 E Pine Crest Dr is a home located in Rabun County with nearby schools including Rabun County Primary School, Rabun County High School, and Great Oaks Montessori .

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