NOT LISTED FOR SALE

501 E 4th St Unit A/B Springfield, GA 31329

Estimated Value: $203,000 - $354,000

4 Beds
2 Baths
2,087 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $260,000 $125 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,751/month

70 Days on Market

About This Home

As of October 2024

Great investment property in the heart of Springfield! Rent potential of $3,000!!! This duplex features two units with private entrances. Unit A is a two bedroom one bathroom unit with a spacious living room and kitchen, and a covered back patio. Unit B is slightly larger with two bedrooms, one bathroom, an open living room and kitchen along with a large bonus room and covered patio as well. The duplex is on nearly a half acre lot and has long standing rental history. The grass has been enhanced for photos.

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Pull Down Attic Stairs

Exterior Features

  • Exterior Features: Deck
  • Roof: Asphalt

Utilities

  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Sewer, Trash Collection, Telephone, Water

MLS Schools

  • Elementary School: Springfield
  • High School: Effingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Oct 25, 2024
Sold by
Mj Mathan Llc
Bought by
501 4Th Llc and 501 Fourth Llc
List Price
$329,000
Sold Price
$260,000
Premium/Discount to List
-$69,000
-20.97%
Views
126
Current Estimated Value
$278,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,980
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Jun 22, 2021
Sold by
Early Street Investors Llc
Bought by
Mj Mathan Llc

Purchase Details

Closed on
Jun 25, 2018
Sold by
501 Fourth Street Llc
Bought by
Early Street Investors Llc

Purchase Details

Closed on
Jan 17, 2017
Sold by
Mosley Danny Harold
Bought by
Mosely Beth Rahn

Purchase Details

Closed on
Jun 21, 2006
Sold by
Mosley Danny H
Bought by
501 Fourth Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2006
Sold by
Sis Holdings Iii Llc
Bought by
Mosley Danny H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Helmly Slade F
Bought by
Sis Holdings Iii Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
501 4Th Llc $260,000 --
Mj Mathan Llc -- --
Early Street Investors Llc $65,000 --
Mosely Beth Rahn -- --
501 Fourth Street Llc -- --
Mosley Danny H -- --
Sis Holdings Iii Llc $91,005 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 501 Fourth Street Llc $49,000
Previous Owner Mosley Danny H $49,000
Closed Sis Holdings Iii Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $260,000 -21.0% $125 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $329,000 -- $158 / Sq Ft
Source: Hive 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 $3,400 $86,762 $12,408 $74,354
2024 $3,400 $39,862 $12,408 $27,454
2023 $1,373 $35,161 $10,340 $24,821
2022 $1,321 $31,212 $8,460 $22,752
2021 $1,259 $29,051 $7,520 $21,531
2020 $1,201 $29,785 $7,520 $22,265
2019 $1,050 $25,969 $5,640 $20,329
2018 $1,259 $32,335 $5,640 $26,695
2017 $1,120 $31,064 $5,640 $25,424
2016 $1,095 $30,938 $5,922 $25,016
2015 -- $30,296 $5,280 $25,016
2014 -- $32,616 $7,600 $25,016
2013 -- $33,815 $8,800 $25,015
Source: Public Records

Map

Source: Hive MLS

MLS Number: 314907

Hive MLS

APN: S1070-00000-042-000

Georgia Effingham County Springfield 31329

501 E 4th St Unit A/B, Springfield, GA

Not Listed for Sale

MultiFamily

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