NOT LISTED FOR SALE

6365 & 6367 Milgen Rd Columbus, GA 31907

Estimated Value: $358,000

-- Bed
2 Baths
11,988 Sq Ft
$30/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $789,300 $66 Per Sq Ft

Current estimated payment $2,473/month

5 Days on Market

Highlights

  • Cooling Available
  • Level Lot
  • Heating System Uses Natural Gas
  • Patio
  • Carpet

About This Home

As of February 2023

Great investment opportunity! 4- 3BR/2BA & 4- 2BR/2BA Units. Three of the eight apartments have plank flooring and the other newer carpet. Most have ceramic floors in the baths and kitchens. Two have new HVAC units. One has new kitchen cabinets. The units share water, trash, and driveways. All units are occupied, under market rent ranging from $695 to $825. Rent increases are planned in February.

Last Agent to Sell the Property

Kelvin Welsh

Keller Williams Realty River Cities Brokerage Phone: 7062216900 License #360414 Listed on: 12/30/2022

Keller Williams Realty River Cities

Last Buyer's Agent

Lakshmi Karthik

G2 Commercial Real Estate License #379497

G2 Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 1987

Lot Details

  • 0.35

Parking

  • 16 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 11,988 Sq Ft Home
  • Carpet
  • Dishwasher

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • Patio
  • Level Lot

Community Details

  • 8 Units
  • Flat Rock Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110003020 & 021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,894

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Attribution Contact: 7062216900
  • Directions: From The Intersection Of Us Highway 80 And Flatrock Road, Travel 0.2 Miles On Flatrock Road. Turn Right Onto Milgen Road, The Units Are Approximately 0.1 Miles On The Right.
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subdivision Name: Flat Rock Square
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Cabin
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Area: 11988

Exterior Features

  • Lot Features: Less than 1/2 Acre, Level
  • Waterfront: No
  • Construction Type: Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: Two per Unit
  • Total Parking Spaces: 16

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Hookup
  • Security: Fire Alarm, None
  • Cooling Y N: Yes
  • Heating: Electric, Natural Gas, Heat Pump, Fireplace(s)
  • Heating Yn: No
  • Utilities: Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water, Other-See Remarks

Lot Info

  • Parcel #: 110003020 & 021

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Mar 22, 2023
Sold by
Srinivas Kavitha
Bought by
Subranik Llc
Seller's Agent
Kelvin Welsh
Keller Williams Realty River Cities
Buyer's Agent
Lakshmi Karthik
G2 Commercial Real Estate
List Price
$863,000
Sold Price
$789,300
Premium/Discount to List
-$73,700
-8.54%
Current Estimated Value
$358,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$431,300
Original Mortgage
$333,675
Outstanding Balance
$323,199
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 30, 2022
Closed on
Feb 24, 2023
Sold by
Head Gayle W
Bought by
Srinivas Kavitha and Mundluru Krishna
Seller's Agent
Kelvin Welsh
Keller Williams Realty River Cities
Buyer's Agent
Lakshmi Karthik
G2 Commercial Real Estate
List Price
$863,000
Sold Price
$789,300
Premium/Discount to List
-$73,700
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,675
Outstanding Balance
$323,199
Interest Rate
6.13%
Mortgage Type
New Conventional
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
Subranik Llc -- --
Srinivas Kavitha $444,900 --
Srinivas Kavitha $444,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivas Kavitha $333,675
Closed Srinivas Kavitha $333,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $789,300 -8.5% $66 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $863,000 -- $72 / Sq Ft
Source: Columbus Board of REALTORS® (GA)

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
2025 $6,894 $176,116 $43,280 $132,836
2024 $6,894 $176,116 $43,280 $132,836
2023 $6,937 $176,116 $43,280 $132,836
2022 $941 $27,111 $9,108 $18,003
2021 $1,042 $25,473 $9,108 $16,365
2020 $1,040 $25,473 $9,108 $16,365
2019 $1,044 $25,473 $9,108 $16,365
2018 $1,044 $25,473 $9,108 $16,365
2017 $231 $25,473 $9,108 $16,365
2016 $233 $18,920 $2,000 $16,920
2015 $234 $18,920 $2,000 $16,920
2014 $235 $18,920 $2,000 $16,920
2013 -- $18,920 $2,000 $16,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus Board of REALTORS® (GA)

MLS Number: 197751

Columbus Board of REALTORS® (GA)

APN: 110-003-021