NOT LISTED FOR SALE

304 E 8th St SW Rome, GA 30161

Estimated Value: $324,000 - $351,000

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold January 25, 2024

Last sale price $300,000

Est. 11% increase in value since last sale

Current estimated payment $2,172/month

2 Days on Market

Highlights

  • 1 Fireplace
  • Cooling Available
  • Property is near shops
  • No HOA

About This Home

As of January 2024

Welcome to a truly remarkable opportunity to own a piece of history with this charming and meticulously maintained historic income-producing property! Nestled in a prime location, this brick-clad beauty offers three distinct units, each exuding character and modern comfort. Unit 1: Enjoy the spaciousness of a two-bedroom, one-bathroom dwelling that seamlessly blends historic charm with contemporary updates. From the gleaming hardwood floors to the tastefully renovated bathroom, this unit offers a perfect balance of style and functionality. Units 2 and 3: Two cozy one-bedroom, one-bathroom units showcase the same level of thoughtful updates, providing an inviting atmosphere for tenants seeking a comfortable and convenient living space. All three units boast recent renovations, ensuring a turnkey investment opportunity for the savvy buyer. The kitchens feature modern appliances and stylish finishes, while the bathrooms have been tastefully updated. Situated within walking distance to shopping, the YMCA, and a variety of dining options, the location is ideal for attracting tenants looking for convenience and a vibrant community atmosphere. The nearby amenities add an extra layer of appeal for potential tenants, making this property a sought-after residence in the area. Don't miss your chance to own a piece of history while enjoying a steady stream of income currently $2200. Whether you're a seasoned investor or someone looking for a distinctive home with additional rental income, this historic property offers a rare and compelling opportunity. Showings and inspections after negotiated contract as to not disturb tenants.

Last Agent to Sell the Property

Jeb Arp

Toles, Temple & Wright, Inc. License #358296 Listed on: 01/09/2024

Co-Listed By

Katie Edwards

Toles, Temple & Wright, Inc. License #377721

Last Buyer's Agent

Michael Brock

Foundations Realty Group License #294069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1933

Lot Details

  • 0.28

Parking

  • Off-Street Parking

Home Design

  • House
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • 0.28 Acre Lot
  • Property is near shops

Community Details

  • No Home Owners Association
  • Old East Rome Subdivision

Listing and Financial Details

  • The owner pays for water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,024

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1933
  • Co List Office: TTWI01
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .28
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: None
  • Price Per Square Foot: 1160714

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

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

Rental Info

  • Owner Pays: Water

Multi Family

  • Total Fireplaces: 1
  • NumberOfUnitsTotal: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Jan 25, 2024
Sold by
Neil Sanders Testamentary Trust
Bought by
Twisted Metal Atlanta Llc
Seller's Agent
Jeb Arp
Toles, Temple & Wright, Inc.
Buyer's Agent
Michael Brock
Foundations Realty Group
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
103
Current Estimated Value
$332,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,553
Avg. Annual Appreciation
8.46%
Original Mortgage
$212,500
Outstanding Balance
$209,987
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$128,617

Purchase Details

Closed on
Dec 24, 2019
Sold by
Executor Moyers Emmett Kenneth
Bought by
Moyers Emmett Kenneth

Purchase Details

Closed on
Jul 23, 2018
Sold by
Sanders Neil
Bought by
Sanders Rome Llc

Purchase Details

Closed on
Mar 27, 2008
Sold by
Not Provided
Bought by
Sanders Neil A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2006
Sold by
Not Provided
Bought by
Sanders Neil A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1997
Sold by
Mundy Sara R
Bought by
Sanders Neil A

Purchase Details

Closed on
Sep 21, 1989
Sold by
Swinford Mary C
Bought by
Mundy Sara R

Purchase Details

Closed on
Apr 9, 1979
Bought by
P and R

Purchase Details

Closed on
Oct 15, 1978
Sold by
Swinford Paul L and Swinford Mary C
Bought by
Swinford Mary C

Purchase Details

Closed on
Mar 13, 1975
Sold by
Williams Kathryn Townes and Louise Townes
Bought by
Swinford Paul L and Swinford Mary C

Purchase Details

Closed on
Jun 10, 1970
Sold by
Allen Daisy Miss
Bought by
Williams Kathryn Townes and Louise To

Purchase Details

Closed on
Jan 1, 1901
Bought by
Allen Daisy Miss
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 Buyer Sale Price Title Company
Twisted Metal Atlanta Llc $300,000 --
Sanders Rome Llc -- --
Moyers Emmett Kenneth -- --
Sanders Rome Llc -- --
Sanders Neil A $72,000 --
Sanders Neil A $72,000 --
Sanders Neil A $72,000 --
Sanders Neil A $72,000 --
Sanders Neil A -- --
Sanders Neil A $165,000 --
Sanders Neil A $120,000 --
Mundy Sara R $55,600 --
P -- --
Swinford Mary C -- --
Swinford Paul L $21,000 --
Williams Kathryn Townes -- --
Allen Daisy Miss -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twisted Metal Atlanta Llc $212,500
Previous Owner Sanders Neil A $129,000
Previous Owner Sanders Neil A $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $300,000 -7.7% --
01/11/2024 01/11/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $325,000 -- --
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 $3,954 $111,655 $13,823 $97,832
2023 $3,954 $98,918 $12,566 $86,352
2022 $3,024 $82,883 $10,367 $72,516
2021 $2,830 $76,283 $10,367 $65,916
2020 $2,654 $70,930 $7,854 $63,076
2019 $2,513 $67,900 $7,854 $60,046
2018 $2,398 $64,773 $7,854 $56,919
2017 $2,305 $62,254 $7,854 $54,400
2016 $2,274 $61,233 $7,840 $53,393
2015 $2,147 $61,233 $7,840 $53,393
2014 $2,147 $61,233 $7,840 $53,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20165968

Georgia MLS

APN: J14J-072