$90,000
SOLD FEB 7, 2024
-- Bed
-- Bath
1,568 Sq Ft
0.34 Acres

Recently Sold

$57 Per Sq Ft

31% Below List Price

60 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Floor Furnace

About This Home

As of September 2024

This masonry brick/block duplex rental investment property is currently leased to good long-term tenants; however, it may be better suited for updating and rental increases. SHOWINGS/INSPECTIUONS ONLY DURING DUE DILIGENCE. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Matt Wood

Southern Property Advisors LLC License #200866 Listed on: 11/27/2023

Last Buyer's Agent

Hannah Crow

Sweet Realty License #367200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $813

Year Built

  • Built in 1961

Lot Details

  • 0.34 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Jackson Road Elementary School
  • Kennedy Road Middle School
  • Spalding High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 161

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$813

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 2
  • Year Built: 1961
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .34
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Block, Brick
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 6

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Jackson Road
  • High School: Spalding
  • Middle School: Kennedy Road
  • Elementary School: Jackson Road
  • Middle School: Kennedy Road
  • High School: Spalding

Lot Info

  • Land Lot: 161
  • Deed Book: 4358
  • Deed Page: 153

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 813.04

Multi Family

  • GrossIncome: 1100
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Sep 6, 2024
Sold by
Rjbd Investment Llc
Bought by
Padilla Alejandro
Seller's Agent
Hannah Crow
Sweet Realty
Buyer's Agent
Evan Nelson
1st Class Real Estate Premier
List Price
$250,000
Sold Price
$250,000
Total Days on Market
60
Views
15
Current Estimated Value
$241,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,423
Avg. Annual Appreciation
-4.53%
Original Mortgage
$200,000
Outstanding Balance
$198,706
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$42,871

Purchase Details

Listed on
Nov 27, 2023
Closed on
Feb 7, 2024
Sold by
Bobrick Enterprises Llc
Bought by
Rjbd Investment Llc
Seller's Agent
Matt Wood
Southern Property Advisors LLC
Buyer's Agent
Hannah Crow
Sweet Realty
List Price
$130,000
Sold Price
$90,000
Premium/Discount to List
-$40,000
-30.77%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
464.98%

Purchase Details

Closed on
Dec 13, 2018
Sold by
Martin Andrew Glenn
Bought by
Bobrick Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,533
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 1991
Sold by
Martin Homer F
Bought by
Martin Andrew Glenn

Purchase Details

Closed on
Feb 12, 1986
Sold by
Martin Mrs Eddie B
Bought by
Martin Homer F

Purchase Details

Closed on
Jan 18, 1963
Bought by
Martin Mrs Eddie B
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 Type Sale Price Title Company
Warranty Deed $250,000 --
Warranty Deed $90,000 --
Warranty Deed $22,000 --
Deed $83,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $28,533 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Off Market $1,300 -- --
10/17/2024 10/17/24 For Rent $1,300 0.0% --
09/10/2024 09/10/24 Sold $250,000 0.0% $159 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $250,000 +177.8% $159 / Sq Ft
02/07/2024 02/07/24 Sold $90,000 -20.0% $57 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $112,500 -13.5% $72 / Sq Ft
11/27/2023 11/27/23 For Sale $130,000 -- $83 / 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 $1,816 $47,554 $5,000 $42,554
2023 $1,816 $21,072 $5,200 $15,872
2022 $719 $17,996 $4,000 $13,996
2021 $539 $13,493 $4,000 $9,493
2020 $539 $13,493 $4,000 $9,493
2019 $358 $13,187 $4,000 $9,187
2018 $573 $13,570 $4,000 $9,570
2017 $561 $13,570 $4,000 $9,570
2016 $570 $13,570 $4,000 $9,570
2015 $579 $13,570 $4,000 $9,570
2014 $597 $13,570 $4,000 $9,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10228283

Georgia MLS

APN: 005-06-013