Sold
$115,000
2 beds · 1 baths · 1,086 sqft
13 Magnolia Street, Porterdale, GA 30014
Great deal
Priced about $132,361 (54%) below comparable homes. Estimated market value $247,361, based on 162 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Great investment opportunity. 2 bedroom 1 bath in the Porterdale Historic District that includes a vacant buildable lot next door. Minutes to downtown Covington, shopping and restaurants and an opportunity to purchase 8 additional properties including 2 duplexes. All properties are currently rented and rent roll can be provided. Prices on additional properties range from $115000 to $145000. Don't miss this opportunity! Please see private remarks.
PoolBasementNo HOA
Listing remarks courtesy of American Realty Professionals of Georgia, LLC. · Sold by GA Realty Experts.
· FMLS #7650424$786/mo est.
with $11,500 down · $115,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
2
Beds
1
Baths
1,086
Sqft
1922
Built
0.35 ac
Lot
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,525/morange $1,425 – $1,62515.9% gross yield
Based on 9 similar rentals within 5 mi (2 recently leased).
3 bd · 1 ba · 1,080 sqft · 1.4 mi away$1,380/mo3 bd · 2 ba · 1,161 sqft · 1.9 mi away · leased$1,510/mo2 bd · 3 ba · 977 sqft · 2.4 mi away$1,732/mo3 bd · 2 ba · 1.8 mi away$4,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$820/mo
Principal & interest$671
Property taxes$115
Home insurance$34
Down payment$11,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for salePending
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Schools
Middle RidgeElementary
ClementsMiddle
NewtonHigh
Location
45 for sale 5 pending 12 sold
Listed by
American Realty Professionals of Georgia, LLC. · Sold by GA Realty Experts
Source: FMLS · #7650424
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