NOT LISTED FOR SALE

516 Greenbay Ave Rincon, GA 31326

Estimated Value: $343,000 - $368,114

4 Beds
4 Baths
1,952 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $375,000 $192 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,075/month

52 Days on Market

Highlights

  • 27,007 Sq Ft lot
  • Traditional Architecture
  • Subterranean Parking
  • Rincon Elementary School Rated A-
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of May 2024

Rare multifamily listing in Rincon! An investor or house hacker's dream. This listing is a duplex: 514 and 516 Greenbay Avenue. These don't come available often in this neighborhood. This duplex has been fully renovated on both sides. All brick, large .62 ac lot, new HVAC on one side, new LVT and paint throughout, new cabinets and countertops, light fixtures, vanities, and more. Refrigerator and stove stay with one side. 2 BR, 2 Bath on each side with flex room on one side that can be used as a bedroom. Full garage on one side, other side has partial garage that can be used as storage or motorcycle parking. Strong rental history. Seller is a licensed real estate agent in the state of Georgia.

Last Agent to Sell the Property

Henry Jenkins

Frank Moore & Company, LLC License #397106 Listed on: 03/11/2024

Last Buyer's Agent

AnnMarie Neill

Realty One Group Inclusion License #361269

Realty One Group Inclusion

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1986

Lot Details

  • 0.62 Acre Lot
  • Privacy Fence

Parking

  • 2 Car Garage
  • Subterranean Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care
  • Tax Lot 5
  • Assessor Parcel Number R2020-00000-008-D00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,768

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • GarageYN: Yes
  • Inclusions: Alarm-Smoke/Fire,Ceiling Fans,Refrigerator
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1986
  • ResoLaundryFeatures: Washer Hookup, Dryer Hookup
  • Ownership: Owner/Agent
  • Architectural Style: Traditional
  • Reso Flooring: Ceramic Tile, Vinyl
  • Reso Interior Features: Ceiling Fan(s)
  • Property Attached Yn: Yes
  • Tax Year: 2023
  • Master Plan Zoning: R-6
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Acres: 0.62
  • Disclosures: Familial Relation
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Underground

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Fencing: Privacy
  • Lot Size Area: 0.62
  • Lot Size Sq Ft: 27007.0
  • Parcel Number: R2020-00000-008-D00
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1768.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
House Of Windsor Investments Llc
Bought by
Trask Cassy
Current Estimated Value
$359,779

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 3, 2024
Sold by
Jenkins Henry R
Bought by
House Of Windsor Investments Llc
Seller's Agent
Henry Jenkins
Frank Moore & Company, LLC
Buyer's Agent
AnnMarie Neill
Realty One Group Inclusion
List Price
$379,100
Sold Price
$375,000
Premium/Discount to List
-$4,100
-1.08%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.82%
Original Mortgage
$300,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 21, 2018
Sold by
Owen David L
Bought by
Jenkins Henry R
Seller's Agent
Patricia French
Re/Max 1st Choice Realty
Buyer's Agent
Joshua Austin
Frank Moore & Company, LLC
List Price
$144,900
Sold Price
$149,000
Premium/Discount to List
$4,100
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%
Original Mortgage
$111,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2007
Sold by
Owen Deiedra Renee
Bought by
Owen David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,400
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Fackler Nathan
Bought by
Owen Deidra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Trask Cassy -- --
House Of Windsor Investments Llc $375,000 --
Jenkins Henry R $149,000 --
Owen David L -- --
Owen Deidra $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner House Of Windsor Investments Llc $300,000
Previous Owner Jenkins Henry R $111,750
Previous Owner Owen David L $136,400
Previous Owner Owen Deidra $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $375,000 -1.1% $192 / Sq Ft
03/11/2024 03/11/24 For Sale $379,100 +154.4% $194 / Sq Ft
09/21/2018 09/21/18 Sold $149,000 +2.8% $76 / Sq Ft View Prior Sale
09/17/2018 09/17/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $144,900 -- $74 / 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 $2,076 $81,167 $19,840 $61,327
2023 $1,768 $72,546 $17,360 $55,186
2022 $1,910 $72,546 $17,360 $55,186
2021 $1,805 $67,480 $14,880 $52,600
2020 $1,867 $64,138 $14,880 $49,258
2019 $1,767 $61,658 $12,400 $49,258
2018 $1,266 $48,063 $9,920 $38,143
2017 $1,227 $46,016 $9,920 $36,096
2016 $1,250 $46,523 $11,160 $35,363
2015 $1,258 $46,523 $11,160 $35,363
2014 $1,198 $44,043 $8,680 $35,363
2013 -- $44,042 $8,680 $35,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 305369

Savannah Multi-List Corporation

APN: R2020-00000-008-D00