NOT LISTED FOR SALE

720 Cotton Ave Albany, GA 31701

Estimated Value: $73,000 - $116,908

4 Beds
2 Baths
1,344 Sq Ft
$76/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $115,000 $86 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $571/month

184 Days on Market

Highlights

  • Porch
  • No Heating
  • 1-Story Property

About This Home

As of March 2024

Updated, move-in ready duplex. Each side is 2 bedroom/1 bathroom. Laundry hookups in bathroom. Block construction so low maintenance. Not rented at this time so owner has no income history. This property could be purchased with FHA financing. Buyer can live in one side of the duplex, and rent out the other side for income.

Last Agent to Sell the Property

Melissa Brock

Advantage Realty Partners LLC Brokerage Phone: 2293862727 License #214496 Listed on: 08/16/2023

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 1964

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Blinds

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Dirt Driveway

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 5 / 3
  • Assessor Parcel Number 00007/014

Community Details

Overview

  • 2 Units
  • Hollywood Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$978

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Hollywood
  • Directions: Hwy 82/Oglethorpe to Davis St south. Turn right on Cotton Ave and #720 will be on the left.
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1964
  • Attribution Contact: 2293862727
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Water Heater (Electric)
  • Total Bedrooms: 4
  • Living Area: 1344
  • Window Features: Blinds

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Masonry, Block
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Property Condition: Good
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Dirt Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 00007/014
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 978.02
  • Tax Block: 3
  • Tax Lot: 5
  • Tax Map Number: 000HH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Mar 29, 2024
Sold by
Miranda Veronica Amabililia Vasq
Bought by
Mccray Steven
Seller's Agent
Melissa Brock
Advantage Realty Partners LLC
Buyer's Agent
Non Member
Non-Member
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%
Views
487
Current Estimated Value
$101,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,273
Avg. Annual Appreciation
-8.27%
Original Mortgage
$112,917
Outstanding Balance
$111,352
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$9,625

Purchase Details

Closed on
May 25, 2023
Sold by
Robinson Latonia
Bought by
Morales Imer Edson Cruz and Miranda Veronica Amabilia

Purchase Details

Closed on
Nov 6, 1995
Sold by
Moore Donald Aka Moore Donald Lee
Bought by
Robinson Annie R and Robinson Latonia

Purchase Details

Closed on
Oct 18, 1995
Sold by
Moore Katie Sue By Exec Of Will
Bought by
Moore Donald Lee

Purchase Details

Closed on
Jan 1, 1963
Bought by
Moore Katie Thornton
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
Mccray Steven $115,000 --
Morales Imer Edson Cruz $10,000 --
Robinson Annie R $8,000 --
Moore Donald Lee -- --
Moore Katie Thornton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccray Steven $112,917
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $115,000 0.0% $86 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/17/2024 02/17/24 Off Market $115,000 -- --
11/03/2023 11/03/23 Price Changed $117,000 -9.3% $87 / Sq Ft
09/27/2023 09/27/23 Price Changed $129,000 -7.8% $96 / Sq Ft
08/17/2023 08/17/23 For Sale $139,900 -- $104 / Sq Ft
Source: Tiftarea 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 $191 $15,560 $960 $14,600
2023 $725 $15,560 $960 $14,600
2022 $728 $15,560 $960 $14,600
2021 $675 $15,560 $960 $14,600
2020 $676 $15,560 $960 $14,600
2019 $679 $15,560 $960 $14,600
2018 $682 $15,560 $960 $14,600
2017 $635 $15,560 $960 $14,600
2016 $635 $15,560 $960 $14,600
2015 $637 $15,560 $960 $14,600
2014 $626 $15,480 $880 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tiftarea Board of REALTORS®

MLS Number: 135451

APN: 000HH-00007-014