NOT LISTED FOR SALE

791 Bermuda St Dalton, GA 30721

Estimated Value: $741,000

2 Beds
1.5 Baths
9,999 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2016

Last sale price $1,405,000 $141 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $4,322 / mo

97 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heating Available
  • Level Lot

About This Home

As of August 2016

Investors dream! 9 - 4 unit Quadplexes in Dalton school district (36 individual apartments) consistently rented at over 90% occupancy. Two bedroom, 1 1/5 baths per unit. Close to all Dalton has to offer, Only about a mile from downtown, less than five minutes to the Dalton mall, and only a few minutes drive to I-75. Strong cash flow, and easy to oversee.

Last Agent to Sell the Property

Samantha K Lusk

Samantha Lusk and Associates Realty, Inc License #224559 Listed on: 02/10/2016

Last Buyer's Agent

Charlie White

Coldwell Banker Kinard Realty - Dalton License #343634

Coldwell Banker Kinard Realty - Dalton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 2003

Lot Details

  • 15,682 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 9,999 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • No Garage
  • Open Parking

Schools

  • Park Creek Elementary School
  • Dalton Jr. High Middle School
  • Dalton High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 1217711005
  • $28,100 Seller Concession

Community Details

Overview

  • 9 Buildings
  • Savanna Subdivision

Building Details

  • Gross Income $120,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,921

Year Built

Built in 2003

Lot Details

0.36 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Lot Size: 99999
  • Subdivision Name: Savanna
  • Directions: From I75 ext 336 Take R onto N. Dalton bypass Northeast for 4.7 Miles. Turn R on Underwood for .6 miles. L onto Bermuda St into Lago
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Structure Type: Other-See Remarks
  • Year Built: 2003
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 9
  • Appliances: Oven/Range, Refrigerator, Other-See Remarks
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Other-See Remarks, Other Dining-See Remarks, Other Ventilation
  • Living Area: 9999
  • Window Features: Other Treatments-See Remarks
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Other-See Remarks
  • Foundation Details: Other Foundation-See Remarks
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other Fuel-See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Park Creek
  • High School: Dalton
  • Middle Or Junior School: Dalton Jr. High

Lot Info

  • Lot Size Sq Ft: 15681.6
  • Parcel #: 1217711005
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 36
  • Annual Gross Income: 120000
  • Total Actual Rent: 3960
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1921
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Dalton S2 Properties Llc
Bought by
Lago Vista Partners Llc
Current Estimated Value
$741,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,366,000
Interest Rate
3.39%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 4, 2020
Sold by
Wol Investment Grp Llc
Bought by
Dalton S2 Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,874,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2016
Closed on
Aug 5, 2016
Sold by
Paul
Bought by
Wol Investment Grp
Seller's Agent
Samantha K Lusk
Samantha Lusk and Associates Realty, Inc
Buyer's Agent
Charlie White
Coldwell Banker Kinard Realty - Dalton
List Price
$1,635,000
Sold Price
$1,405,000
Premium/Discount to List
-$230,000
-14.07%

Purchase Details

Closed on
Nov 12, 2008
Sold by
Elms Grp Llc
Bought by
Lusk Paul

Purchase Details

Closed on
Jun 22, 2001
Sold by
Lusk Paul
Bought by
Elms Group Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Lago Vista Partners Llc $3,050,000 None Listed On Document
Dalton S2 Properties Llc $2,205,000 --
Wol Investment Grp $1,405,000 --
Lusk Paul $1,701,008 --
Elms Group Llc $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lago Vista Partners Llc $2,366,000
Previous Owner Dalton S2 Properties Llc $1,874,250
Previous Owner Dalton S2 Properties Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $1,405,000 -14.1% $141 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $1,635,000 -- $164 / Sq Ft
Source: Carpet Capital Association of REALTORS®

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 $3,978 $138,324 $14,400 $123,924
2024 $3,978 $138,324 $14,400 $123,924
2023 $3,869 $108,236 $9,000 $99,236
2022 $2,005 $58,200 $9,000 $49,200
2021 $2,008 $58,200 $9,000 $49,200
2020 $2,085 $58,200 $9,000 $49,200
2019 $2,150 $58,200 $9,000 $49,200
2018 $2,182 $58,200 $9,000 $49,200
2017 $2,101 $58,200 $9,000 $49,200
2016 $2,114 $58,200 $9,000 $49,200
2014 $1,921 $58,200 $9,000 $49,200
2013 -- $58,200 $9,000 $49,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carpet Capital Association of REALTORS®

MLS Number: 107313

APN: 12-177-11-005

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