NOT LISTED FOR SALE

Estimated Value: $216,000 - $271,000

2 Beds
1.5 Baths
528 Sq Ft
$451/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $248,500 $471 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,396/month

27 Days on Market

Highlights

  • Home fronts a creek
  • Property is near public transit, schools, and shops
  • No HOA
  • Deck
  • Private Lot
  • Cooling Available

About This Home

As of September 2024

Discover a prime investment opportunity in Gainesville! This charming two-story home, backing up to Elachee Nature Center, is perfectly updated and ready to become a lucrative rental property. With modern upgrades including a new roof and HVAC units, this cozy home is an excellent choice for generating steady passive income. The property features two bedrooms, one and a half bathrooms, and a fully finished basement, providing ample living space. Recent renovations include a complete gut and redo, new Luxury Vinyl Plank (LVP) floors, and an added deck. The home also offers a walk-in closet and master bath in the master bedroom, a downstairs laundry room, and a small shed for extra storage. Local hotspots like Laurel Park, Luna's Restaurant, Gainesville Square, and Lake Lanier enhance the appeal of this property, making it a desirable rental for tenants. With the current tenant moving out at the end of July, you can start generating income quickly. Don't miss this fantastic investment opportunity!

Last Agent to Sell the Property

Derek Morgan

Unreal Estate Brokerage License #364269 Listed on: 07/11/2024

Last Buyer's Agent

Lisa Vernon

NorthGroup Real Estate Inc License #374432

NorthGroup Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1926

Lot Details

  • 10,454 Sq Ft Lot
  • Home fronts a creek
  • Private Lot

Home Design

  • Bungalow
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Vinyl Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Finished Basement Bathroom
  • Laundry in Basement
  • Stubbed For A Bathroom

Parking

  • 1 Parking Space
  • Parking Pad

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near public transit, schools, and shops

Schools

  • Chicopee Woods Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Chicopee Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 107 / 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,629

Year Built

Built in 1926

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • ArchitecturalStyle: Brick 4 Side, Bungalow/Cottage
  • Lower Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .24
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Bedrooms: 2
  • Basement: Bath Finished, Bath/Stubbed, Finished
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Vinyl

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Lower Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Other
  • Lot Features: Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Other
  • Waterfront Features: Creek

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 1

Utilities

  • Cooling: Electric
  • Heating: Central, Natural Gas
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Chicopee Woods
  • High School: West Hall
  • Middle School: West Hall

Lot Info

  • Lot: 107

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1629

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 6, 2024
Sold by
Grandchamp Phillip
Bought by
Davenport Richard
Seller's Agent
Derek Morgan
Unreal Estate Brokerage
Buyer's Agent
Lisa Vernon
NorthGroup Real Estate Inc
List Price
$245,000
Sold Price
$248,500
Premium/Discount to List
$3,500
1.43%
Views
183
Current Estimated Value
$238,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,118
Avg. Annual Appreciation
-2.85%
Original Mortgage
$241,045
Outstanding Balance
$237,867
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$515

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 12, 2022
Sold by
Grandchamp Phillip
Bought by
Grandchamp Phillip and Grandchamp Patricia Ann
Seller's Agent
Brenda Burke
Keller Williams Lanier Partners
Buyer's Agent
Sandy Massey
JWB Realty Services, LLC.
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.61%
Original Mortgage
$120,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2022
Sold by
Obenchain Lethia Gail
Bought by
Griffin Frederick Sleaman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,490
Interest Rate
3.92%
Mortgage Type
Cash

Purchase Details

Listed on
Apr 23, 2018
Closed on
Aug 31, 2018
Sold by
Loza Martin Perez
Bought by
Obenchain Lethia G
Seller's Agent
RAUL MADERA
Keller Williams Lanier Partners
Buyer's Agent
Pat Burke
Keller Williams Lanier Partners
List Price
$82,000
Sold Price
$77,300
Premium/Discount to List
-$4,700
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%
Original Mortgage
$61,840
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2017
Sold by
Fuertes Erika Varela
Bought by
Loza Martin Perez

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 13, 2015
Sold by
Loza Martin Perez
Bought by
Loza Martin Perez and Fuertes Erika Varela
Seller's Agent
Alicia Parks
Keller Williams Lanier Partners
Buyer's Agent
RAUL MADERA
Keller Williams Lanier Partners
List Price
$58,900
Sold Price
$50,000
Premium/Discount to List
-$8,900
-15.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 30, 2015
Sold by
Smith Lula Mae Estate
Bought by
Loza Martin Perez
Seller's Agent
Alicia Parks
Keller Williams Lanier Partners
Buyer's Agent
RAUL MADERA
Keller Williams Lanier Partners
List Price
$58,900
Sold Price
$50,000
Premium/Discount to List
-$8,900
-15.11%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Rowell Danny
Bought by
Smith Lula Mae Estate and Smith Thomas Roy Executor

Purchase Details

Closed on
Jun 22, 2007
Sold by
Smith Lula Mae
Bought by
Rowell Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
6.1%
Mortgage Type
Trade
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davenport Richard $248,500 --
Grandchamp Phillip $160,000 --
Grandchamp Phillip $160,000 --
Griffin Frederick Sleaman -- --
Obenchain Lethia G $77,300 --
Loza Martin Perez -- --
Loza Martin Perez -- --
Loza Martin Perez -- --
Loza Martin Perez $50,000 --
Smith Lula Mae Estate -- --
Rowell Danny $49,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davenport Richard $241,045
Previous Owner Grandchamp Phillip $120,000
Previous Owner Griffin Frederick Sleaman $70,490
Previous Owner Obenchain Lethia G $61,840
Previous Owner Rowell Danny $49,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2024 09/06/24 Sold $248,500 +1.4% $471 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $245,000 +53.1% $464 / Sq Ft
07/12/2022 07/12/22 Sold $160,000 +6.7% $121 / Sq Ft View Prior Sale
06/21/2022 06/21/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $150,000 +94.0% $114 / Sq Ft
08/31/2018 08/31/18 Sold $77,300 -5.7% $146 / Sq Ft View Prior Sale
08/03/2018 08/03/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $82,000 0.0% $155 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/23/2018 06/23/18 Price Changed $82,000 -3.5% $155 / Sq Ft
06/11/2018 06/11/18 Price Changed $85,000 -5.5% $161 / Sq Ft
05/30/2018 05/30/18 Price Changed $89,900 -10.0% $170 / Sq Ft
05/05/2018 05/05/18 Price Changed $99,900 -4.9% $189 / Sq Ft
04/23/2018 04/23/18 For Sale $105,000 +110.0% $199 / Sq Ft
07/30/2015 07/30/15 Sold $50,000 -15.1% $95 / Sq Ft View Prior Sale
07/06/2015 07/06/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $58,900 -- $112 / Sq Ft
Source: Georgia MLS

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
2025 $1,576 $94,160 $14,400 $79,760
2024 $1,720 $64,400 $13,720 $50,680
2023 $1,693 $61,000 $13,640 $47,360
2022 $1,103 $38,080 $13,720 $24,360
2021 $1,004 $33,600 $9,920 $23,680
2020 $959 $30,920 $6,800 $24,120
2019 $848 $26,680 $6,800 $19,880
2018 $775 $23,160 $6,800 $16,360
2017 $583 $16,520 $3,200 $13,320
2016 $573 $16,520 $3,200 $13,320
2015 $355 $10,489 $3,238 $7,251
2014 $355 $10,489 $3,238 $7,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10335894

Georgia MLS

APN: 15-0035B-10-001

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