NOT LISTED FOR SALE

502 Freeman Dr Athens, GA 30601

Estimated Value: $230,000 - $266,000

4 Beds
2 Baths
1,848 Sq Ft
$135/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $84,000 $45 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,590/month

95 Days on Market

Highlights

  • 1 Fireplace
  • Central Air
  • Wood Siding
  • No HOA
  • 4 Car Garage
  • Carpet

About This Home

As of September 2017

Well maintained fully occupied duplex is cash flowing over $1000 month and ready for quick sale. 2 Bedroom 1 Bath on each side. New Carpet. Conveniently located 10 miles of UGA.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1982

Lot Details

  • 0.6

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Carpet
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Fowler Drive Elementary School
  • Coile Middle School
  • Cedar Shoals High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Timbers North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161A3-A001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$805

Year Built

Built in 1982

Lot Details

0

Parking

4

Listing Details

  • GarageYN: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1982
  • Subdivision Name: Timbers North
  • Above Grade Finished Sq Ft: 1848.0
  • Architectural Style: Other
  • Reso Flooring: Carpet
  • Tax Year: 2016
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Acres: 0.6
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Other

Garage/Parking

  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Coile Middle

Lot Info

  • Lot Size Area: 0.6
  • Parcel Number: 161A3-A001
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 805.0

MLS Schools

  • Elementary School: Fowler Drive
  • HighSchool: Cedar Shoals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Sep 25, 2017
Sold by
King Julionne N
Bought by
Hughes Danny E and Hughes Angela Joyce
List Price
$89,900
Sold Price
$84,000
Premium/Discount to List
-$5,900
-6.56%
Current Estimated Value
$249,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,959
Avg. Annual Appreciation
14.86%
Original Mortgage
$63,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2006
Sold by
Not Provided
Bought by
King Julionne N and Sammy King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,720
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2006
Sold by
Not Provided
Bought by
King Julionne N and Sammy King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1993
Sold by
Cherry John R
Bought by
Moss Reginald L and Moss Barbara A
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
Hughes Danny E $84,000 --
King Julionne N $85,900 --
King Julionne N $78,998 --
Moss Reginald L $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Danny E $175,000
Closed Hughes Danny E $63,000
Previous Owner King Julionne N $68,720
Previous Owner King Julionne N $17,180
Previous Owner King Julionne N $59,000
Previous Owner King Julionne N $11,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2017 09/25/17 Sold $84,000 -6.6% $45 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $89,900 -- $49 / Sq Ft
Source: Savannah Multi-List Corporation

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 $2,744 $87,796 $12,000 $75,796
2023 $2,744 $76,080 $10,400 $65,680
2022 $1,891 $59,266 $10,400 $48,866
2021 $1,379 $40,906 $8,000 $32,906
2020 $1,268 $37,625 $8,000 $29,625
2019 $1,180 $34,750 $8,000 $26,750
2018 $1,104 $32,512 $7,200 $25,312
2017 $805 $23,712 $6,800 $16,912
2016 $805 $23,712 $6,800 $16,912
2015 $815 $23,968 $6,800 $17,168
2014 $733 $21,513 $6,800 $14,713
Source: Public Records

Map

Source: Savannah Multi-List Corporation

MLS Number: CM957922

Savannah Multi-List Corporation

APN: 161A3-A-001