NOT LISTED FOR SALE

611 S Elm St Jesup, GA 31546

Estimated Value: $146,000 - $204,421

3 Beds
2 Baths
864 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $140,000 $162 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,065/month

18 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Combination Dining and Living Room
  • Corner Lot
  • 1-Story Property
  • Wood Siding

About This Home

As of February 2024

Welcome to a prime investment opportunity in the heart of Jesup! This property presents a unique proposition for investors as there are 2 opportunities for income potential. Nestled on a .42 acre lot, the main residence boasts a cozy and practical layout featuring 2 bedrooms and 1 bath. Currently occupied by a reliable renter, this property ensures immediate rental income for the discerning investor. Beyond the main residence, a separate 1 bedroom, 1 bath apartment adds to the appeal of this investment gem. This additional living space opens the door to increased rental opportunities, making it an attractive prospect for maximizing your return on investment. With a renter already in place, you can start generating income from day one. Whether you choose to maintain the current leasing arrangement or explore new possibilities, this property offers a flexible investment canvas. This property is being sold as-is, providing you with the freedom to customize and enhance its potential according to your investment strategy. While the main residence and apartment are in good condition, the as-is sale acknowledges that the buyer will be responsible for any improvements or modifications. Don't miss out on this excellent investment opportunity that combines immediate rental income, additional rental potential, and the freedom to tailor the property to your vision.

Last Listed By

Megan Cato

Carter Group Real Estate License #403988 Listed on: 01/10/2024

Carter Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,583

Year Built

  • 1950

Lot Details

  • 0.42 Acre Lot
  • Corner Lot

Parking

  • Unpaved Parking

Home Design

  • Traditional Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Martha R. Smith Elementary School
  • Arthur Williams Middle School
  • Wayne County High School

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number J2663

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,583

Year Built

1950

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Road Frontage Type: Residential
  • Lot Size Acres: 0.42
  • Road Frontage Type: City Street
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 864
  • Dining Room Features: Dining/Living Combo

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot
  • Construction Type: Wood Siding, Walls: Sheetrock
  • Exterior Features: None
  • Foundation Details: Crawl Space
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Martha R. Smith Elementary
  • High School: Wayne County High
  • Middle Or Junior School: Arthur Williams Middle

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18295.2
  • Parcel #: J2663
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 705 259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Feb 16, 2024
Sold by
Jmg Rentals Llc
Bought by
Gill Land Llc
Seller's Agent
Megan Cato
Carter Group Real Estate
Buyer's Agent
Megan Cato
Carter Group Real Estate
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%
Total Days on Market
18
Views
114
Current Estimated Value
$167,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,355
Avg. Annual Appreciation
16.04%

Purchase Details

Closed on
Feb 8, 2017
Sold by
Gordon James M
Bought by
Jmg Rentals Llc

Purchase Details

Closed on
Jun 4, 2010
Sold by
Gordon James M
Bought by
Gordon Bonnie Q

Purchase Details

Closed on
Dec 1, 2009
Sold by
The Bank Of New York Mellon
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jul 20, 2007
Sold by
Pye Brian
Bought by
Cook Pye Tasha

Purchase Details

Closed on
May 26, 2006
Sold by
Littrell Tommy D
Bought by
Pye Brian and Pye Cook-Pye Tasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Ginter Gary
Bought by
Littrell Tommy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2002

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 Buyer Sale Price Title Company
Gill Land Llc $200,000 --
Jmg Rentals Llc -- --
Gordon Bonnie Q -- --
Gordon James M $42,000 --
The Bank Of New York Mellon $43,250 --
Cook Pye Tasha -- --
Pye Brian $65,000 --
Littrell Tommy D $56,000 --
-- $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pye Brian $52,000
Previous Owner Littrell Tommy D $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $140,000 -15.2% $162 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $165,000 -- $191 / Sq Ft
Source: Hinesville Area Board of 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 $1,583 $51,756 $4,110 $47,646
2023 $714 $24,314 $4,085 $20,229
2022 $765 $24,314 $4,085 $20,229
2021 $820 $24,314 $4,085 $20,229
2020 $848 $24,314 $4,085 $20,229
2019 $873 $24,314 $4,085 $20,229
2018 $873 $24,314 $4,085 $20,229
2017 $752 $24,314 $4,085 $20,229
2016 $728 $24,314 $4,085 $20,229
2014 $729 $24,314 $4,085 $20,229
2013 -- $24,313 $4,084 $20,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hinesville Area Board of REALTORS®

MLS Number: 153081

APN: J26-63