NOT LISTED FOR SALE

982 Magnolia St Macon, GA 31201

InTown Neighborhood

Estimated Value: $224,000 - $240,000

4 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold September 19, 2024

Last sale price $222,500

Est. 6% increase in value since last sale

Current estimated payment $1,448/month

15 Days on Market

Highlights

  • No HOA
  • Central Air
  • 5-minute walk to High Street Park
  • Property is near shops
  • Wood Siding

About This Home

As of September 2024

**Charming Downtown Macon Duplex - Prime Investment Opportunity!** Discover this exceptional duplex located in the heart of downtown Macon. Each unit has 1,547 square feet of living space and comes fully equipped with essential appliances, including a refrigerator, oven/stove combo, and washer/dryer, ensuring convenience and comfort for tenants. Both units are occupied, combined monthly rent is $2,195, plus additional rent fees. This property is a wise investment in a thriving area. Enjoy the benefits of an income-producing property while being in close proximity to all the amenities and attractions that downtown Macon has to offer. Interior photos were taken one month ago prior to occupancy.

Last Agent to Sell the Property

Gina Nicholas

Southern Realty Group License #401901 Listed on: 07/20/2024

Last Buyer's Agent

Tracey Worley

Southern Classic Realtors License #288731

Southern Classic Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,433

Year Built

  • Built in 1890

Lot Details

  • 6,098

Home Design

  • Duplex
  • Wood Siding

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • 6,098 Sq Ft Lot
  • Property is near shops

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Block 83

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Magnolia Subdivision

Building Details

  • Water Sewer Expense $150
  • Gross Income $2,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,433

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .14
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity 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: 150

Schools

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

Lot Info

  • Deed Book: 11259
  • Deed Page: 290

Rental Info

  • Owner Pays: Trash Collection, Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2432.68

Multi Family

  • GrossIncome: 2195
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Sep 19, 2024
Sold by
Bhph Macon Llc
Bought by
Mays John and Klim Valerie
Seller's Agent
Gina Nicholas
Southern Realty Group
Buyer's Agent
Tracey Worley
Southern Classic Realtors
List Price
$235,000
Sold Price
$222,500
Premium/Discount to List
-$12,500
-5.32%
Views
19
Current Estimated Value
$234,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,406
Avg. Annual Appreciation
5.46%
Original Mortgage
$166,875
Outstanding Balance
$165,320
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$69,586

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 20, 2022
Sold by
Wallace Steven D
Bought by
Bhph Macon Llc
Seller's Agent
Jennifer Omega
Topstone Realtors
Buyer's Agent
Gina Nicholas
Southern Realty Group
List Price
$215,000
Sold Price
$185,000
Premium/Discount to List
-$30,000
-13.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$155,064
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2013
Sold by
Wallace Steven D
Bought by
Historic Macon Nfoundation Inc

Purchase Details

Closed on
May 15, 2009
Sold by
Gmac Mortgage Llc
Bought by
Wallace Steven D

Purchase Details

Closed on
Mar 3, 2009
Sold by
Hammock Carrie A
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Aug 29, 2002
Bought by
Hammock Carrie A
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
Mays John $222,500 None Listed On Document
Bhph Macon Llc $185,000 None Listed On Document
Historic Macon Nfoundation Inc $10,000 None Available
Wallace Steven D $73,000 None Available
Gmac Mortgage Llc $119,000 None Available
Hammock Carrie A $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mays John $166,875
Previous Owner Bhph Macon Llc $155,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $222,500 -5.3% --
08/04/2024 08/04/24 Pending -- -- --
07/20/2024 07/20/24 For Sale $235,000 +27.0% --
05/20/2022 05/20/22 Sold $185,000 -14.0% --
04/25/2022 04/25/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $215,000 -- --
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 $2,441 $96,123 $8,052 $88,071
2023 $2,192 $95,786 $3,080 $92,706
2022 $2,519 $85,584 $13,353 $72,231
2021 $2,801 $73,717 $11,611 $62,106
2020 $2,704 $69,654 $11,611 $58,043
2019 $2,727 $69,654 $11,611 $58,043
2018 $4,536 $69,654 $11,611 $58,043
2017 $2,610 $69,654 $11,611 $58,043
2016 $2,410 $69,654 $11,611 $58,043
2015 $3,411 $69,654 $11,611 $58,043
2014 $3,923 $69,654 $11,611 $58,043
Source: Public Records

Agents Affiliated with this Home

  • Gina Nicholas

    Seller's Agent in 2024

    Gina Nicholas

    Southern Realty Group

    (770) 468-2443

    11 in this area

    90 Total Sales

    Gina Nicholas
    Section Image
  • Tracey Worley

    Buyer's Agent in 2024

    Tracey Worley

    Southern Classic Realtors

    (478) 283-1523

    1 in this area

    230 Total Sales

    Tracey Worley
    Section Image

  • J

    Seller's Agent in 2022

    Jennifer Omega

    Topstone Realtors

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10342443

Georgia MLS

APN: Q074-0299

Georgia Bibb County Macon-Bibb InTown

982 Magnolia St, Macon-Bibb, GA

This home is located at 982 Magnolia St, Macon, GA 31201 since 20 July 2024 and is currently estimated at $234,906. This property was built in 1890. 982 Magnolia St is a home located in Bibb County with nearby schools including Williams Elementary School, Miller Fine Arts Magnet Middle School, and Central High School.

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