NOT LISTED FOR SALE

503 Cotton Ave SW Rome, GA 30161

Estimated Value: $51,000 - $82,000

2 Beds
1 Bath
960 Sq Ft
$70/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $51,225 $53 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $415/month

34 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Level Lot
  • Wood Flooring
  • Family Room
  • Wood Siding

About This Home

As of February 2024

Handy man special, sold As Is. This home is priced low because it is a fixer upper. There is no heat or ac in the home. CASH offer: All cash, with proof of funds. $5000. Earnest money to be held with the closing attorney, Harlan & Florence. Must conduct inspection, no blind offers, No due diligence period, no financing contingency. Must close within 21 days. Also available for a Lease/Purchase. $3,500 down and $700 per month lease.

Last Agent to Sell the Property

Susan Selig

VICI Real Estate Brokerage Phone: 4044358083 License #247267 Listed on: 01/16/2024

Last Buyer's Agent

Wendee Long

Main Street Realty License #239014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Garden Home
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • Family Room
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Anna K Davie Elementary School
  • Rome Middle School
  • Rome High School

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • ArchitecturalStyle: Ranch
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .28
  • Property Sub-Type: Single Family Residence
  • Structure Type: Garden/Patio Home
  • Total Finished Area2: 960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Bedrooms: 2
  • Basement: Crawl Space
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Price Per Square Foot: 53.3593

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Anna K Davie
  • High School: Rome
  • Middle School: Rome
  • Elementary School: Anna K Davie
  • Middle School: Rome
  • High School: Rome

Tax Info

  • Year: 2023
  • Tax Annual Amount: 550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
Apr 28, 2017
Sold by
Premier Home Deals Llc
Bought by
Freeport Title & Guaranty Inc
Seller's Agent
Holly Brown
NOT A VALID MEMBER
Buyer's Agent
VONDA L KUDRON
Maximum One Realty Greater ATL.
List Price
$19,900
Sold Price
$12,500
Premium/Discount to List
-$7,400
-37.19%
Total Days on Market
34
Current Estimated Value
$67,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,627
Avg. Annual Appreciation
23.14%

Purchase Details

Listed on
Apr 4, 2017
Closed on
Mar 7, 2017
Sold by
Pruitt Aretha
Bought by
Us Bank National Association T and Springleaf Mtg Loan Trust 2013
Seller's Agent
Holly Brown
NOT A VALID MEMBER
Buyer's Agent
VONDA L KUDRON
Maximum One Realty Greater ATL.
List Price
$19,900
Sold Price
$12,500
Premium/Discount to List
-$7,400
-37.19%

Purchase Details

Closed on
Jul 20, 2006
Sold by
Not Provided
Bought by
Pruitt Aretha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,390
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2005
Sold by
Gmac
Bought by
Gmac Mortgage Corporation

Purchase Details

Closed on
Mar 30, 1983
Sold by
Reese James W and Reese Marsha G
Bought by
Askew Bonny L and Askew Adrianne

Purchase Details

Closed on
May 10, 1971
Bought by
P and R

Purchase Details

Closed on
May 5, 1971
Sold by
Smith Thelmond V A
Bought by
Reese James W and Reese Marsha G

Purchase Details

Closed on
Jan 1, 1901
Bought by
Smith Thelmond V 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
Freeport Title & Guaranty Inc -- --
Premier Home Deals Llc $12,500 --
Us Bank National Association T $26,615 --
Pruitt Aretha $21,500 --
Pruitt Aretha -- --
Gmac Mortgage Corporation -- --
Askew Bonny L $10,000 --
P -- --
Reese James W -- --
Smith Thelmond V A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pruitt Aretha $28,000
Previous Owner Pruitt Aretha $15,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $51,225 -14.5% $53 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $59,900 0.0% $62 / Sq Ft
01/16/2024 01/16/24 For Sale $59,900 +71.6% $62 / Sq Ft
12/20/2023 12/20/23 For Sale $34,900 +179.2% $36 / Sq Ft
04/28/2017 04/28/17 Sold $12,500 -37.2% $13 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $19,900 -- $21 / Sq Ft
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 $596 $16,842 $5,322 $11,520
2023 $596 $15,658 $4,838 $10,820
2022 $460 $12,619 $3,871 $8,748
2021 $364 $9,810 $3,871 $5,939
2020 $321 $8,578 $3,024 $5,554
2019 $303 $8,175 $3,024 $5,151
2018 $185 $7,723 $3,024 $4,699
2017 $277 $7,483 $3,024 $4,459
2016 $332 $8,944 $3,000 $5,944
2015 -- $8,944 $3,000 $5,944
2014 -- $8,944 $3,000 $5,944
Source: Public Records

Agents Affiliated with this Home

  • Susan Selig

    Seller's Agent in 2024

    Susan Selig

    VICI Real Estate

    (404) 435-8083

    20 Total Sales

    Susan Selig
    Section Image
  • Wendee Long

    Buyer's Agent in 2024

    Wendee Long

    Main Street Realty

    (404) 925-0792

    77 Total Sales

    Wendee Long
    Section Image

  • H

    Seller's Agent in 2017

    Holly Brown

    NOT A VALID MEMBER

    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Taylor Brown

    NOT A VALID MEMBER

    Section Image
  • VONDA L KUDRON

    Buyer's Agent in 2017

    VONDA L KUDRON

    Maximum One Realty Greater ATL.

    (404) 483-2200

    20 Total Sales

    VONDA L KUDRON
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10234789

Georgia MLS

APN: I14W-055

Georgia Floyd County Rome 30161

503 Cotton Ave SW, Rome, GA

This home is located at 503 Cotton Ave SW, Rome, GA 30161 since 16 January 2024 and is currently estimated at $67,127, approximately $69 per square foot. This property was built in 1958. 503 Cotton Ave SW is a home located in Floyd County with nearby schools including Rome High School, Darlington School, and St. Mary School.

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