NOT LISTED FOR SALE

704 Avenue C West Point, GA 31833

Estimated Value: $354,070

-- Bed
1 Bath
5,590 Sq Ft
$63/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $340,000 $61 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,369/month

61 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Certified Good Cents

About This Home

As of June 2022

Remarkable Commercial Investment Opportunity in highly sought after Historic Area of West Point Ga. This Multi tenant building offers a rich history of success and stability among the tenants. Current Occupants include: a Dental practice, CPA firm, a Law Firm with one suite being occupied by current owner but previously served as office space for a local design firm. Total Projected Rents total $5200.00 per month or $62,400.00 annually. Features include; premier location, maintenance free stucco exterior, ample parking, strong rental history and so much more. There is no better way to hedge against inflation than investing in solid real estate and if there has ever been a time to do so, It is Now. Call Today to learn more about this unprecedented opportunity.

Last Agent to Sell the Property

Rob Upchurch

RE/MAX Results License #202341 Listed on: 02/09/2022

Co-Listed By

Joel Upchurch

RE/MAX Results License #203316

RE/MAX Results

Last Buyer's Agent

Joel Upchurch

RE/MAX Results License #203316

RE/MAX Results

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Zoning described as C3

Home Design

  • 5,590 Sq Ft Home
  • Mixed Use
  • Stucco

Parking

  • On-Street Parking
  • Parking Lot

Additional Features

  • Certified Good Cents
  • Central Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$2,109

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1960
  • Co List Office: RMRS3
  • Financing Type: Conventional
  • Lot Size Acres: 0.25
  • Structure Type: Mixed Use, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Construction Materials: Stucco
  • Lot Features: Corner Lot
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street, Parking Lot

Utilities

  • Cooling: Central Air
  • Heating: Electric, Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Lot Info

  • Deed Book: 1785
  • Deed Page: 229
  • Zoning Description: C3

Green Features

  • Green Building Verification Type: Certified Good Cents

Building Info

  • BuildingAreaTotal: 5590

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2108.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Jun 13, 2022
Sold by
7Pearlsholdings Llc
Bought by
C8 Property Investments Llc
Seller's Agent
Rob Upchurch
RE/MAX Results
Buyer's Agent
Joel Upchurch
RE/MAX Results
List Price
$399,500
Sold Price
$340,000
Premium/Discount to List
-$59,500
-14.89%
Current Estimated Value
$354,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,070
Avg. Annual Appreciation
1.05%
Original Mortgage
$272,000
Outstanding Balance
$248,609
Interest Rate
5.3%
Mortgage Type
Mortgage Modification
Estimated Equity
$102,278

Purchase Details

Closed on
Mar 24, 2015
Sold by
Ferguson Drew
Bought by
Adfiv Holdings Llc

Purchase Details

Closed on
Jan 13, 1992
Sold by
Archer Roy B
Bought by
Ferguson Drew
Source: Public Records

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
C8 Property Investments Llc $340,000 --
7Pearlsholdings Llc -- --
Adfiv Holdings Llc -- --
Ferguson Drew $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7Pearlsholdings Llc $272,000
Previous Owner Adfiv Holdings Llc $280,000
Previous Owner Adfiv Holdings Llc $122,805
Previous Owner Ferguson Drew $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $340,000 -14.9% $61 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $399,500 -- $71 / Sq Ft
Source: Georgia MLS

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 $4,844 $136,920 $8,160 $128,760
2023 $4,843 $138,480 $8,160 $130,320
2022 $6,352 $227,600 $8,160 $219,440
2021 $2,109 $69,920 $1,280 $68,640
2020 $2,109 $69,920 $1,280 $68,640
2019 $2,336 $77,440 $1,280 $76,160
2018 $2,328 $77,204 $1,296 $75,908
2017 $2,328 $77,204 $1,296 $75,908
2016 $2,328 $77,204 $1,296 $75,908
2015 $2,332 $77,204 $1,296 $75,908
2014 -- $77,204 $1,296 $75,908
2013 -- $77,204 $1,296 $75,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20017879

Georgia MLS

APN: 094-3C-009-004