NOT LISTED FOR SALE

509 S Lee St Fitzgerald, GA 31750

Estimated Value: $56,000 - $165,000

8 Beds
4 Baths
5,660 Sq Ft
$20/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $34,000 $6 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $689/month

About This Home

As of August 2021

From Guts to Glory...This 4 unit complex is gutted and waiting on you to claim your glory, by renovating it and raking in the rewards. In the current state it has the potential to have 2 bedrooms and 2 bath apartments. With a little redesign and planning, you could make these into 4 upscale apartments. Although there is smoke damage from a previous fire, the old world charm still remains intact, from original hardwood floors to solid wood doors to the beautiful grand stair case. The fire was contained mainly to one side and damage has been mostly removed. It is ready for your creativity and design. This property holds tons of potential. (This property will not qualify for FHA/VA/USDA financing)

Last Buyer's Agent

Rachel Sanders

Century 21 Smith Branch, LLC. License #392283

Century 21 Smith Branch, LLC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Masonry

Interior Spaces

  • 5,660 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Dirt Driveway

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 15-16 / 14
  • Assessor Parcel Number B14 S3 L15

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Directions: Start south on Main Street from the Coldwell Banker office, turn right onto West Palm Street. Take a left onto Lee St. The building will be on the right.
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater (Other-See Remarks)
  • Total Bedrooms: 8
  • Interior Amenities: Other
  • Living Area: 5660

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Masonry, Brick
  • Exterior Features: Other
  • Foundation Details: Crawl
  • Property Condition: Poor, Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Dirt Driveway
  • Total Parking Spaces: 6

Utilities

  • Cooling: None, Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Electric Supplier (Fitzgerald)
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: B14 S3 L15
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 1212.15
  • Tax Block: 14
  • Tax Lot: 15-16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Johnson Jacob
Bought by
Cicerone Owner 3 Llc
Current Estimated Value
$114,357

Purchase Details

Closed on
Jan 22, 2024
Sold by
Renuvate Investments Llc
Bought by
Johnson Jacob

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 13, 2021
Sold by
Hunt Larry Allen
Bought by
Renuvate Investments Llc
Buyer's Agent
Rachel Sanders
Century 21 Smith Branch, LLC.
List Price
$39,000
Sold Price
$34,000
Premium/Discount to List
-$5,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.68%

Purchase Details

Closed on
Feb 14, 2019
Sold by
Commercial Banking Co
Bought by
Hunt Larry Allen and Hulett-Hunt Cyndi K

Purchase Details

Closed on
Apr 3, 2018
Sold by
First Class Properties Llc
Bought by
Commercial Banking Co

Purchase Details

Closed on
Oct 19, 2015
Sold by
Colony City Properties Llc
Bought by
First Class Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,016
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Wachovia Bank Na
Bought by
Colony City Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,950
Interest Rate
5.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 2, 2008
Sold by
Zion Group Llc
Bought by
Wachovia Bank National Association

Purchase Details

Closed on
Nov 27, 2005
Sold by
Mitchell Mark Anthony
Bought by
Zion Grp Llc

Purchase Details

Closed on
May 4, 2005
Sold by
Bald Eagle Properties Llc
Bought by
Mitchell Carla and Mitchell Mark Anthon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,176
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Wj Dorminy J and Wj Dorminy
Bought by
Bald Eagle Properties Llc

Purchase Details

Closed on
Feb 12, 2003
Sold by
Hingson Andrew T
Bought by
Wj Dorminy J and Wj Dorminy

Purchase Details

Closed on
May 19, 1995
Bought by
Hingson Andrew T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cicerone Owner 3 Llc $150,000 --
Johnson Jacob $150,000 --
Renuvate Investments Llc $34,000 --
Hunt Larry Allen $38,450 --
Commercial Banking Co $92,148 --
First Class Properties Llc $65,000 --
Colony City Properties Llc $67,000 --
Wachovia Bank National Association -- --
Zion Grp Llc -- --
Mitchell Carla $98,000 --
Bald Eagle Properties Llc $55,000 --
Wj Dorminy J -- --
Hingson Andrew T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Class Properties Llc $80,016
Previous Owner Colony City Properties Llc $56,950
Previous Owner Mitchell Carla $91,176
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $34,000 -12.8% $6 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $39,000 -- $7 / Sq Ft
Source: Tiftarea Board of REALTORS®

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 $1,048 $24,555 $3,018 $21,537
2023 $430 $14,015 $2,256 $11,759
2022 $450 $14,401 $2,256 $12,145
2021 $524 $15,257 $2,515 $12,742
2020 $535 $23,441 $2,515 $20,926
2019 $812 $23,441 $2,515 $20,926
2018 $1,128 $26,178 $2,515 $23,663
2017 $901 $25,903 $2,515 $23,388
2016 -- $28,131 $2,515 $25,616
2015 -- $34,640 $2,515 $32,124
2014 -- $35,308 $2,515 $32,792
Source: Public Records

Agents Affiliated with this Home

  • Rachel Sanders

    Buyer's Agent in 2021

    Rachel Sanders

    Century 21 Smith Branch, LLC.

    (386) 209-2858

    233 Total Sales

    Rachel Sanders
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Map

Source: Tiftarea Board of REALTORS®

MLS Number: 132904

APN: B14-S3-L15+

Georgia Ben Hill County Fitzgerald 31750

509 S Lee St, Fitzgerald, GA

Not Listed for Sale

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