$185,000
SOLD MAY 20, 2022

982 Magnolia St Macon, GA 31201

InTown Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

14% Below List Price

21 Days on Market

Highlights

  • 3 Fireplaces
  • Central Heating and Cooling System
  • 5-minute walk to High Street Park
  • No HOA

About This Home

As of September 2024

Historic Beauty! The Octagon House. Adorable front porch that is quickly recognized in the neighborhood. All the charm of Magnolia Street. Custom molding throughout. A one of a kind. Either rent out one unit to help cover your mortgage or rent out both! These units rent out the day they pop up. Desirable for Mercer grad students and professionals wanting to live in close to all the amenities the downtown area now offers.

Last Agent to Sell the Property

Jennifer Omega

Topstone Realtors License #266938 Listed on: 04/04/2022

Last Buyer's Agent

Gina Nicholas

Southern Realty Group License #401901

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 1890

Parking

  • Off-Street Parking

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Crawl Space

Schools

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

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Old City Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,801

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: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Price Per Square Foot: 1321428

Exterior Features

  • Construction Materials: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Fee Information

  • Association Fee Includes: None

Schools

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

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Total Fireplaces: 3
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2801.25

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
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
Special Warranty Deed $222,500 None Listed On Document
Special Warranty Deed $185,000 None Listed On Document
Deed $10,000 None Available
Special Warranty Deed $73,000 None Available
Sheriffs Deed $119,000 None Available
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,875 New Conventional
Previous Owner $155,064 New Conventional
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

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Map

Source: Georgia MLS

MLS Number: 20031089

Georgia MLS

APN: Q074-0299