NOT LISTED FOR SALE

8 Merrell Ave SE Rome, GA 30161

Estimated Value: $117,000 - $275,000

2 Beds
1 Bath
1,264 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $82,100 $65 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,147/month

34 Days on Market

Highlights

  • No Units Above
  • Den
  • Breakfast Bar
  • No HOA
  • Porch
  • Bungalow

About This Home

As of May 2022

This is a nice small Cottage style House, located in one of the most Convenient neighborhoods in Old East Rome. It is perfect for one or 2 people. It needs work and is being sold in "as is" Condition. Located just off E. Second Ave, Callier's Spring Rd. close to Turner McCall Blvd., New East Gate Mall, Home Depot. And This also Includes the Adjoining nice Building Lot 75x131x70x160. the House lot is 70x160 square.

Last Agent to Sell the Property

Von Lambert

Toles, Temple & Wright, Inc. License #140875 Listed on: 03/28/2022

Last Buyer's Agent

Jonathan Harris

Toles, Temple & Wright, Inc. License #373695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1962

Lot Details

  • 0.49 Acre Lot
  • No Units Located Below
  • Two or More Common Walls
  • Sloped Lot

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Den
  • Carpet
  • Breakfast Bar
  • Laundry in Hall

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport
  • Side or Rear Entrance to Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Kitchen
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • Porch

Schools

  • East Central Elementary School
  • Rome Middle School
  • Rome High School

Utilities

  • No Heating
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old East Rome IV Subdivision

Listing and Financial Details

  • Tax Lot 77&78

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,265

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 1
  • Year Built: 1962
  • ArchitecturalStyle: Bungalow/Cottage
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: 0.49
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1264
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1264
  • Above Grade Finished Sq Ft: 1264
  • Interior Amenities: Master On Main Level
  • Accessibility Features: Accessible Doors, Accessible Full Bath, Accessible Kitchen, Accessible Entrance
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Kitchen Features: Breakfast Bar
  • Price Per Square Foot: 64.95

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No One Below, 2+ Common Walls, No One Above
  • Construction Materials: Other
  • Foundation Details: Slab
  • Lot Features: Sloped
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport, Side/Rear Entrance, Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: None
  • Heating: None
  • Laundry Features: In Hall
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: East Central
  • High School: Rome
  • High School Bus: Yes
  • Middle School: Rome
  • Middle School Bus: Yes
  • Elementary School: East Central
  • Middle School: Rome
  • High School: Rome

Lot Info

  • Lot: 77&78
  • Deed Book: 2676
  • Deed Page: 1222

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1265

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2023
Sold by
Greater Community Bank
Bought by
Magnus Hospitality Group Inc
Current Estimated Value
$188,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,214
Outstanding Balance
$96,779
Interest Rate
6.32%
Mortgage Type
Mortgage Modification
Estimated Equity
$67,652

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 16, 2022
Sold by
Jones Lewis D
Bought by
Magnus Hospitality Grp Llc
Seller's Agent
Von Lambert
Toles, Temple & Wright, Inc.
Buyer's Agent
Jonathan Harris
Toles, Temple & Wright, Inc.
List Price
$89,900
Sold Price
$82,100
Premium/Discount to List
-$7,800
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.89%
Original Mortgage
$190,000
Interest Rate
4.67%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Apr 2, 2021
Sold by
Johnston Joseph E Estate
Bought by
Jones Lewis D

Purchase Details

Closed on
Jan 1, 1901
Bought by
Johnston Joe
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
Magnus Hospitality Group Inc -- --
Magnus Hospitality Grp Llc $215,000 --
Jones Lewis D $25,000 --
Johnston Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnus Hospitality Group Inc $101,214
Previous Owner Magnus Hospitality Grp Llc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $82,100 -8.7% $65 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $89,900 -- $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 $1,767 $45,757 $6,283 $39,474
2023 $1,620 $43,663 $5,712 $37,951
2022 $327 $44,424 $4,570 $39,854
2021 $1,134 $30,573 $2,513 $28,060
2020 $1,067 $28,513 $1,964 $26,549
2019 $1,000 $27,002 $1,964 $25,038
2018 $945 $25,522 $1,964 $23,558
2017 $911 $24,598 $1,964 $22,634
2016 $887 $23,886 $1,960 $21,926
2015 -- $23,886 $1,960 $21,926
2014 -- $23,886 $1,960 $21,926
Source: Public Records

Agents Affiliated with this Home

  • Von Lambert

    Seller's Agent in 2022

    Von Lambert

    Toles, Temple & Wright, Inc.

    (706) 252-9123

    37 Total Sales

    Von Lambert
    Section Image
  • Jonathan Harris

    Buyer's Agent in 2022

    Jonathan Harris

    Toles, Temple & Wright, Inc.

    (706) 936-3651

    142 Total Sales

    Jonathan Harris
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20041563

Georgia MLS

APN: J14J-330

Georgia Floyd County Rome 30161

8 Merrell Ave SE, Rome, GA

This home is located at 8 Merrell Ave SE, Rome, GA 30161 since 28 March 2022 and is currently estimated at $188,660, approximately $149 per square foot. This property was built in 1962. 8 Merrell Ave SE is a home located in Floyd County with nearby schools including Rome High School, St. Mary School, and Darlington School.

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