NOT LISTED FOR SALE

507 E 2nd St Rome, GA 30161

Estimated Value: $227,000 - $376,000

-- Bed
4 Baths
-- Sq Ft
0.33 Acres

Last Sold March 03, 2017

Last sale price $105,000

Est. 156% increase in value since last sale

Current estimated payment $1,645/month

Highlights

  • City View
  • Detached Garage
  • Heating Available
  • Property is near public transit
  • Restaurant

About This Home

As of March 2017

QUADRAPLEX ON CLOCKTOWER HILL ROAD (E2ND), GREAT AREA DOWNTOWN, SEVERAL UNITS HAVE AN EXTRA ROOM THAT COULD BE USED AS A 2ND BEDROOM AWESOME OPPORTUNITY TO OWN THIS HISTORICAL BUILDING PRODUCING INCOME, MUST HAVE APPOINTMENT TO VIEW, KEY IN OFFICE

Last Agent to Sell the Property

Kevin Ayers

Ayers Realty, LLC. License #308984 Listed on: 01/18/2017

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1935

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70x145

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Parking

  • Detached Garage
  • Driveway
  • Parking Lot

Location

  • Property is near public transit
  • Property is near shops

Schools

  • East Central Elementary School
  • Rome Middle School
  • Rome High School

Additional Features

  • City Views
  • Heating Available

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number J14C 175

Community Details

Overview

  • 4 Units
  • Etowah Division Subdivision

Amenities

  • Restaurant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,306

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1935
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • View: City

Garage/Parking

  • Parking Features: Detached, Driveway, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Electric

Condo/Co-op/Association

  • Community Features: Near Shopping, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: ETOWAH DIVISION

Schools

  • Elementary School: East Central
  • Middle School: Rome
  • High School: Rome

Lot Info

  • Acres: 0.3300
  • Lot: 32
  • Land/Lot: 246
  • Section G M D: 3
  • Plat Book: 20
  • Plat Page: 42
  • Lot Dimensions: 70X145
  • Parcel Number: J14C 175
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 1306.00
  • Assessor Parcel Number: J14C-175
  • Close Date: 2017-03-03
  • Tax Year: 2016

MLS Schools

  • Elementary School: East Central
  • High School: Rome
  • Middle School: Rome

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Kehl Jeffry A
Bought by
Kehl Properties Llc
Current Estimated Value
$268,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,918
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 18, 2017
Closed on
Mar 3, 2017
Sold by
Howell William
Bought by
Kehl Jeffry A
Seller's Agent
Kevin Ayers
Ayers Realty, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$84,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2005
Sold by
Kelley James M
Bought by
Howell William

Purchase Details

Closed on
Oct 28, 1993
Sold by
Summer Lloyd L
Bought by
Anderson Harry J and James M Kelley I

Purchase Details

Closed on
Sep 1, 1989
Sold by
Todd J L
Bought by
Summer Lloyd L

Purchase Details

Closed on
Jan 2, 1966
Bought by
P and R

Purchase Details

Closed on
Jan 1, 1966
Sold by
Todd Mary E Mrs Est
Bought by
Todd J L

Purchase Details

Closed on
Jan 1, 1901
Bought by
Todd Mary E Mrs Est
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
Kehl Properties Llc -- --
Kehl Jeffry A $105,000 --
Howell William $95,000 --
Anderson Harry J $52,000 --
Summer Lloyd L $50,000 --
P -- --
Todd J L -- --
Todd Mary E Mrs Est -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kehl Jeffry A $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $105,000 -4.5% --
01/30/2017 01/30/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $110,000 -- --
Source: First Multiple Listing Service (FMLS)

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 $2,623 $66,660 $14,048 $52,612
2023 $2,427 $65,196 $14,048 $51,148
2022 $2,082 $54,812 $12,770 $42,042
2021 $1,948 $50,451 $12,770 $37,681
2020 $1,888 $48,516 $12,770 $35,746
2019 $1,791 $46,504 $12,770 $33,734
2018 $1,634 $42,422 $12,770 $29,652
2017 $1,322 $34,324 $11,174 $23,150
2016 $1,306 $33,804 $11,160 $22,644
2015 -- $33,804 $11,160 $22,644
2014 -- $33,804 $11,160 $22,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5796310

First Multiple Listing Service (FMLS)

APN: J14C-175