NOT LISTED FOR SALE

967 Magnolia St Macon, GA 31201

InTown Neighborhood

Estimated Value: $348,000 - $384,000

4 Beds
5 Baths
3,733 Sq Ft
$99/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $365,000 $98 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,337/month

21 Days on Market

Highlights

  • 0.3 Acre Lot
  • No HOA
  • Central Air
  • 1 Fireplace
  • Property is near shops
  • Ceiling Fan

About This Home

As of September 2024

**Charming Quadruplex in Historic Downtown Macon** Discover an exceptional investment opportunity in the heart of Historic Downtown Macon. This fully-occupied quadruplex offers a mix of three 1-bedroom/1-bathroom units and one spacious 3-bedroom/2-bathroom unit. Total square feet is 3,733. Each residence features modern comforts such as granite countertops, LVP flooring, and stylishly tiled baths in some of the units. Convenience is key with in-unit laundry facilities, and all necessary appliances, including washers and dryers, are included. Each unit is individually metered for electric and gas, while water is covered in the rent. Owner pays electricity for front entrance, hallway, and rear parking area. There is on-street parking and a private parking area at the rear of the property. Currently generating a gross income of $3,535 per month, this property is a prime addition to any investment portfolio. Don't miss your chance to own a piece of Macon's history with this lucrative quadruplex. Interior photos were taken prior to occupancy.

Last Listed By

Gina Nicholas

Southern Realty Group License #401901 Listed on: 08/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1890

Lot Details

  • 0.3

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Laundry in unit

Parking

  • Parking Pad
  • Off-Street Parking

Schools

  • Williams Elementary School
  • Miller Magnet Middle School
  • Central High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • 0.3 Acre Lot
  • Property is near shops

Listing and Financial Details

  • The owner pays for garbage, water
  • Legal Lot and Block 21 / 87

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Old Kity Subdivision

Building Details

  • Water Sewer Expense $95
  • Gross Income $3,535

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,783

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .30
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Heat Pump
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Walk To Shopping

Fee Information

  • Association Fee Includes: None
  • Water Sewer Expenses: 95

Schools

  • Elementary School: Williams
  • High School: Central
  • Middle School: Miller Magnet
  • Elementary School: Williams
  • Middle School: Miller Magnet
  • High School: Central

Lot Info

  • Lot: 21
  • Deed Book: 11158
  • Deed Page: 1

Rental Info

  • Owner Pays: Garbage, Water

Multi Family

  • Total Fireplaces: 1
  • GrossIncome: 3535
  • NumberOfUnitsTotal: 4

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2782.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Sep 12, 2024
Sold by
Bhph Macon Llc
Bought by
Ct2 Properties Llc
Seller's Agent
Gina Nicholas
Southern Realty Group
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$400,000
Sold Price
$365,000
Premium/Discount to List
-$35,000
-8.75%
Total Days on Market
21
Views
19
Current Estimated Value
$369,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,749
Avg. Annual Appreciation
2.07%

Purchase Details

Listed on
Mar 22, 2017
Closed on
Jun 19, 2017
Sold by
Cerny Andrew P and Cerny Lynn B
Bought by
Minter Kevin C
Seller's Agent
James Webb
Sheridan, Solomon & Associates
Buyer's Agent
Brokered Agent
Brokered Sale
List Price
$174,900
Sold Price
$146,000
Premium/Discount to List
-$28,900
-16.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%
Original Mortgage
$109,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2001
Bought by
Cerny Andrew P and Cerny Lynn B

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
Ct2 Properties Llc $365,000 None Listed On Document
Minter Kevin C $146,000 None Available
Cerny Andrew P $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minter Kevin C $109,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $365,000 -8.8% $98 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/04/2024 08/04/24 For Sale $400,000 +33.3% $107 / Sq Ft
02/14/2022 02/14/22 Sold $300,000 -14.3% $80 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $350,000 +139.7% $94 / Sq Ft
06/19/2017 06/19/17 Sold $146,000 -16.5% $39 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $174,900 -- $47 / 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 $3,330 $134,979 $29,704 $105,275
2023 $3,793 $134,979 $29,704 $105,275
2022 $2,908 $91,566 $23,764 $67,802
2021 $2,603 $91,566 $23,764 $67,802
2020 $2,660 $91,566 $23,764 $67,802
2019 $2,682 $91,566 $23,764 $67,802
2018 $4,221 $91,566 $23,764 $67,802
2017 $2,567 $91,566 $23,764 $67,802
2016 $2,370 $91,565 $23,764 $67,802
2015 $2,897 $69,593 $32,405 $37,188
2014 $3,920 $69,593 $32,405 $37,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10351643

Georgia MLS

APN: Q074-0272