$27,000
SOLD JAN 13, 2025

518 Corn Ave Albany, GA 31701

Dixieland Neighborhood
-- Bed
-- Bath
1,320 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

10% Below List Price

4 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 5-minute walk to Ragsdale Park

About This Home

As of January 2025

This property is a versatile multi-family home located in the heart of Albany, GA, offering excellent potential for investors and homebuyers alike. The residence features two separate units, with one side currently rented to a long-term tenant, providing an immediate income stream. The other unit is vacant, perfect for customization or for owner-occupancy. Whether you're looking to expand your real estate portfolio with a property that promises returns or you're searching for a home with additional income potential, this property offers endless opportunities. With a little TLC, the vacant unit can be transformed into a charming living space, making this a win-win for both investors and homeowners.

Last Agent to Sell the Property

Scott Fader

Joseph Walter Realty, LLC License #414203 Listed on: 11/25/2024

Last Buyer's Agent

No Sales Agent

Non-Mls Company License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1928

Home Design

  • Duplex

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Alice Coachman Elementary School
  • Monroe High School

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot
  • Window Unit Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Albany Historical District Subdivision

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Legal Lot and Block 11 / 152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$350

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .14
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Alice Coachman
  • High School: Monroe
  • Middle School: Other
  • Elementary School: Alice Coachman
  • Middle School: Other
  • High School: Monroe

Lot Info

  • Lot: 11

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Tax Info

  • Year: 2024
  • Tax Annual Amount: 350.36

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Jan 9, 2025
Sold by
Perkins Mary Lou
Bought by
Nabulsi Mohamad
Seller's Agent
Scott Fader
Joseph Walter Realty, LLC
Buyer's Agent
No Sales Agent
Non-Mls Company
List Price
$29,900
Sold Price
$27,000
Premium/Discount to List
-$2,900
-9.7%
Views
2
Current Estimated Value
$46,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,866
Avg. Annual Appreciation
167.58%

Purchase Details

Closed on
Sep 19, 1985
Sold by
Perkins Benjamin
Bought by
Perkins Mary
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 Type Sale Price Title Company
Warranty Deed $18,750 --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $27,000 -9.7% $20 / Sq Ft
11/29/2024 11/29/24 Pending -- -- --
11/25/2024 11/25/24 For Sale $29,900 -- $23 / 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 $359 $7,520 $1,200 $6,320
2023 $350 $7,520 $1,200 $6,320
2022 $352 $7,520 $1,200 $6,320
2021 $326 $7,520 $1,200 $6,320
2020 $327 $7,520 $1,200 $6,320
2019 $328 $7,520 $1,200 $6,320
2018 $0 $7,520 $1,200 $6,320
2017 $307 $7,520 $1,200 $6,320
2016 $307 $7,520 $1,200 $6,320
2015 $308 $7,520 $1,200 $6,320
2014 $301 $7,440 $1,120 $6,320
Source: Public Records

Agents Affiliated with this Home

  • Scott Fader

    Seller's Agent in 2025

    Scott Fader

    Joseph Walter Realty, LLC

    (248) 390-8242

    1 in this area

    2,438 Total Sales

    Section Image

  • N

    Buyer's Agent in 2025

    No Sales Agent

    Non-Mls Company

See All Agents

Map

Source: Georgia MLS

MLS Number: 10418707

Georgia MLS

APN: 000HH-00012-017

Georgia Dougherty County Albany 31701 Dixieland

518 Corn Ave, Albany, GA

This home is located at 518 Corn Ave, Albany, GA 31701 and is currently priced at $27,000, approximately $20 per square foot. This property was built in 1928. 518 Corn Ave is a home located in Dougherty County with nearby schools including Alice Coachman Elementary School, Southside Middle School, and Monroe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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