NOT LISTED FOR SALE

522 University Cir Athens, GA 30605

Estimated Value: $362,000 - $453,978

4 Beds
3 Baths
1,528 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $342,000 $224 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,524/month

107 Days on Market

Highlights

  • River Access
  • Deck
  • No HOA
  • Waterfront
  • 1 Fireplace
  • Fenced Yard

About This Home

As of March 2023

Nestled between the UGA Vet School and Five Points, this updated property is the perfect investment which could yield amazing returns! The house is just over 3000 SF and offers 4 bedrooms and 3 full baths. There is also a large "rec room" on the terrace level with its own door that most individuals would use as a large 5th bedroom, or otherwise as an amazing game room or home gym!
The main level features an updated galley kitchen, spacious den with a wood burning fire-place and access to the back deck, dining area and 3 bedrooms and 2 full baths. The terrace level is home to the 4th bedroom, new full bath and huge rec room.
The half acre lot backs up to the Oconee River where there are walking trails with easy access from the rear yard, which is also fenced in. There is also a 2 car garage along with a semi circle drive that allows for ample parking.

The current owners have made significant updates including:
New Roof,
New HVAC,
New Floating Floors Throughout,
New Granite Countertops in Kitchen,
New Appliances,
New Deck,
Added a Full Bath to the Terrace Level,
Replaced the other Tub/Shower inserts in the Main Level Baths;
Built out the Terrace Level with a Bedroom, Rec Room, Flex Space and Full Bath.
Also added a New Garage Door,
New Gutters,
And other Maintenance Updates include some electrical and plumbing.

The Terrace level has two exterior doors, and one interior access door. Therefore, if a buyer so desired, they could easily create an in-law suite or separate apartment. The lay out is ideal for this with a perfect spot to add a kitchenette.

Last Buyer's Agent

Scott Nichols

Coldwell Banker Upchurch Realty License #207008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,299

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • Fenced Yard
  • Property is zoned RS-15

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Deck

Schools

  • Barnett Shoals Elementary School
  • Hilsman Middle School
  • Cedar Shoals High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • University Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 182C2-A-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,299

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1974
  • Subdivision Name: University Heights
  • Architectural Style: Ranch
  • Reso Flooring: Tile
  • Reso Interior Features: Ceiling Fan(s), Other
  • Tax Year: 2021
  • Master Plan Zoning: RS-15
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
  • Basement: Bathroom, Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 2

Exterior Features

  • Waterfront: Yes
  • Acres: 1.0245
  • Waterfront Features: River Access
  • Home Warranty: No
  • Construction Type: Cedar, Concrete
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Hilsman Middle

Lot Info

  • Fencing: Yard Fenced
  • Lot Size Area: 1.0245
  • Parcel Number: 182C2-A-003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3299.0

MLS Schools

  • Elementary School: Barnett Shoals
  • HighSchool: Cedar Shoals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Groft Joel Thomas
Bought by
Groft Joel Thomas Trust and Groft Joel Thomas
Current Estimated Value
$409,495

Purchase Details

Listed on
Oct 17, 2022
Closed on
Mar 3, 2023
Sold by
Mmj & A Enterprises Llc
Bought by
Groft Joel Thomas
Buyer's Agent
Scott Nichols
Coldwell Banker Upchurch Realty
List Price
$350,000
Sold Price
$342,000
Premium/Discount to List
-$8,000
-2.29%
Views
237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$273,600
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2018
Sold by
Snodgrass Anthony Christop
Bought by
Mmj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,563
Interest Rate
4.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2010
Sold by
American General Financial Ser
Bought by
Snodgrass Anthony C

Purchase Details

Closed on
Sep 7, 2010
Sold by
Faust Terry O
Bought by
American General Financial Services Inc

Purchase Details

Closed on
Apr 26, 2010
Sold by
Faust Terry O and Thomas Wesley Faust
Bought by
Faust Terry O

Purchase Details

Closed on
Dec 6, 2008
Sold by
Not Provided
Bought by
Faust Terry O and Faust Thomas Wesley

Purchase Details

Closed on
Oct 26, 2001
Sold by
Faust Christopher A
Bought by
Faustterry

Purchase Details

Closed on
May 25, 1999
Sold by
Faust Christopher A
Bought by
Faust Christopher A and Terry Faust J

Purchase Details

Closed on
Sep 7, 1989
Sold by
Keefer Carol L
Bought by
Fause Christopher A
Source: Public Records

Range of Values:

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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
Groft Joel Thomas Trust -- --
Groft Joel Thomas $342,000 --
Mmj $106,850 --
Snodgrass Anthony C $77,000 --
American General Financial Services Inc $89,000 --
Faust Terry O -- --
Faust Terry O -- --
Faustterry -- --
Faust Christopher A -- --
Fause Christopher A $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Groft Joel Thomas $273,600
Previous Owner Mmj $136,563
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $342,000 -2.3% $224 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
10/17/2022 10/17/22 For Sale $350,000 -- $229 / 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 $4,347 $169,678 $15,000 $154,678
2023 $5,316 $170,101 $15,000 $155,101
2022 $3,823 $119,857 $15,000 $104,857
2021 $3,300 $97,915 $15,000 $82,915
2020 $3,024 $89,735 $15,000 $74,735
2019 $2,131 $84,791 $15,000 $69,791
2018 $1,240 $46,517 $15,000 $31,517
2017 $1,175 $44,612 $15,000 $29,612
2016 $1,196 $45,220 $15,000 $30,220
2015 $1,211 $45,595 $15,000 $30,595
2014 $1,232 $46,152 $15,000 $31,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM1002922

Savannah Multi-List Corporation

APN: 182C2-A-003