$44,250
SOLD DEC 13, 2024

607 Colerain St La Fayette, GA 30728

2 Beds
1 Bath
924 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

19% Below List Price

6 Days on Market

Highlights

  • No HOA
  • Wood Frame Window
  • Level Lot
  • Covered patio or porch
  • Laundry closet
  • Wood Siding

About This Home

As of May 2025

Attention investors and renovators! This 2-bedroom, 1-bathroom home at 607 Colerain St offers incredible potential in a quiet Lafayette neighborhood. The property is in need of a full renovation, with an estimated $70,000 in repairs. However, with an after-repair value (ARV) of $185,000, this fixer-upper presents a fantastic opportunity for a profitable flip or rental property.

The home is being sold as-is, and only cash buyers or those using hard money lending will be considered. If you're ready to roll up your sleeves and unlock the value of this property, don't miss out on this chance!

Owner and listing agent are married. Co-list agent is owner.

Last Agent to Sell the Property

Mike Burge

Zach Taylor - Chattanooga License #346408 Listed on: 11/26/2024

Zach Taylor - Chattanooga

Co-Listed By

Cyndi Burge

Keller Williams Realty

Last Buyer's Agent

India Cox

Horizon Sotheby's International Realty License #326081

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1927

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 67x150
  • Level Lot
  • Back Yard Fenced and Front Yard

Parking

  • Gravel Driveway

Home Design

  • Fixer Upper
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Schools

  • Gilbert Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1045 047

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 67X150
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 10507
  • Co List Office Phone: 423-664-1600
  • Subdivision Name: None
  • Directions: 75 South to Cloud Springs Exit Turn right onto Cloud Springs Rd (GA-146 W). Go for 1.7 mi. Turn left onto Dietz Rd. Go for 2.3 mi. Continue on Burning Bush Rd. Go for 4.3 mi. Continue on Long Hollow Rd. Go for 3.3 mi. Turn right onto Kay Conley Rd. Go for 0.2 mi. Turn left onto Martha Berry Hwy (US-27). Go for 6.3 mi. Continue on N Main St (US-27-BR). Go for 2.6 mi. Turn right onto W Main St (GA-193). Go for 0.5 mi. Turn left onto Magnolia St. Go for 0.1 mi. Turn right on Colerain St.
  • Above Grade Finished Sq Ft: 924.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 924.0
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1927
  • Location Tax and Legal Parcel Number2: 1045 047
  • Location Tax and Legal Elementary School: Gilbert Elementary School
  • Location Tax and Legal Middle Or Junior School2: LaFayette Middle
  • Location Tax and Legal High School: LaFayette High
  • Location Tax and Legal:Tax Annual Amount: 1063.2
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Above Grade Finished Area: 924.0
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information Lot Size Dimensions: 67X150
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Laundry Features Laundry Closet: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Fencing Back Yard: Yes
  • Architectural Style Ranch: Yes
  • Structure Type:House: Yes
  • Property Condition:Fixer: Yes
  • Cooling:None5: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: None
  • Other Equipment: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: See Remarks
  • Window Features: Wood Frames
  • Community Features:None4: Yes
  • Interior Features:See Remarks11: Yes

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Front Yard, Level
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Disclosures: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Covered, Front Porch
  • Property Condition: Fixer
  • Roof: Shingle
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Front Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:None13: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Gilbert Elementary School
  • High School: LaFayette High
  • Middle Or Junior School: LaFayette Middle

Lot Info

  • Lot Size Sq Ft: 10019.0
  • Additional Parcels: No
  • Parcel #: 1045 047
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1063.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
May 9, 2025
Sold by
Bell Tony Lee
Bought by
Ellison Mason and Franklin Savannah
Seller's Agent
India Cox
Horizon Sotheby's International Realty
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$169,000
Sold Price
$169,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-47.70%
Original Mortgage
$165,938
Outstanding Balance
$165,791
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$15,400

Purchase Details

Listed on
Nov 26, 2024
Closed on
Dec 13, 2024
Sold by
Burge Realty Group Llc
Bought by
Bell Tony Lee
Seller's Agent
Mike Burge
Zach Taylor - Chattanooga
Buyer's Agent
India Cox
Horizon Sotheby's International Realty
List Price
$54,900
Sold Price
$44,250
Premium/Discount to List
-$10,650
-19.4%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2750.58%
Original Mortgage
$41,500
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 26, 2024
Closed on
Oct 25, 2024
Sold by
Ehart Maria Carol
Bought by
Burge Realty Group Llc
Seller's Agent
Mike Burge
Zach Taylor - Chattanooga
Buyer's Agent
India Cox
Horizon Sotheby's International Realty
List Price
$54,900
Sold Price
$44,250
Premium/Discount to List
-$10,650
-19.4%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2016
Sold by
Stearns Bk Na
Bought by
Ehart Maria Carol and Zona Nick

Purchase Details

Closed on
Jun 1, 2007
Sold by
Not Provided
Bought by
Babb Properties Llc

Purchase Details

Closed on
Mar 22, 2005
Sold by
Not Provided
Bought by
Babb Properties Llc

Purchase Details

Closed on
Oct 5, 2004
Sold by
Jackson Charles F and Jackson Janette A
Bought by
Bank One N A

Purchase Details

Closed on
Sep 17, 1998
Sold by
Jackson Janette Mrs
Bought by
Jackson Charles F and Jackson Janette A

Purchase Details

Closed on
Nov 18, 1989
Sold by
Webb Rv
Bought by
Jackson Janette Mrs

Purchase Details

Closed on
Jan 1, 1972
Bought by
Webb Rv
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 Type Sale Price Title Company
Warranty Deed $169,000 --
Warranty Deed $44,250 --
Limited Warranty Deed $25,000 --
Warranty Deed $12,000 --
Deed -- --
Deed $9,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,938 New Conventional
Previous Owner $41,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $169,000 0.0% $183 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $169,000 +281.9% $183 / Sq Ft
12/13/2024 12/13/24 Sold $44,250 -1.4% $48 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/27/2024 11/27/24 Price Changed $44,900 -18.2% $49 / Sq Ft
11/26/2024 11/26/24 For Sale $54,900 -- $59 / Sq Ft
Source: Greater Chattanooga 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 $899 $45,533 $5,425 $40,108
2023 $875 $43,313 $5,425 $37,888
2022 $902 $41,993 $3,430 $38,563
2021 $65 $7,444 $2,412 $5,032
2020 $57 $6,266 $2,412 $3,854
2019 $57 $6,266 $2,412 $3,854
2018 $186 $6,266 $2,412 $3,854
2017 $165 $6,266 $2,412 $3,854
2016 $175 $6,338 $2,484 $3,854
2015 $157 $5,408 $1,244 $4,164
2014 $151 $5,408 $1,244 $4,164
2013 -- $8,533 $1,244 $7,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1503759

Greater Chattanooga REALTORS®

APN: 1045-047