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Augusta-Richmond County 30901 Laney Walker
1371 WRIGHTSBORO Road
$60,000
● House - Off Market

1371 WRIGHTSBORO Road

Augusta, GA 30901
bedrooms
1 Bed
bathrooms
1 Bath
$295
Est. Monthly

About This Property

Investor portfolio opportunity! Presenting a cozy single family home, currently occupied by a tenant on a month-to-month lease paying 350 in rent. This home features one bedroom, one bathroom, a kitchen, and living room. Conveniently situated just minutes from Augusta's downtown amenities, this property offers both comfort and accessibility.

This property is part of a four property portfolio sale that includes the following properties: 1377, 1369, 1371 and 1367 Wrightsboro Rd. for a total list price of 365,000. Please be aware that this sale encompasses all listed properties as a unified package. The properties are being sold as-is.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (GAARGA #528615)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Apr 21, 2022 No longer available -
No longer available
Apr 8, 2022 In contract -
In contract
Oct 22, 2021 Listed by Meybohm Realtors $50,000
Listed by Meybohm Realtors
Jan 27, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1975
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 23
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 360
  • Total Building Area: 694
  • Gross Building Area: 694
  • Building Area: 694
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 694
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 1371 WRIGHTSBORO RD

Neighborhood

  • School District Name: Richmond County School District
  • Census Tract: 011100

Zoning

  • Zoning: R-1C

Geography

  • Assessors Map Reference: MAP 59
  • Parcel: 059-1-088-00-0
  • Lot: 4
  • Municipality: ASHLEY CORP
  • Latitude: 33.4637
  • Longitude: -81.9871

    Address

  • Full Address: 1371 Wrightsboro Rd
  • Address - House Number: 1371
  • Address - Street Name: Wrightsboro
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Augusta
  • Carrier Code: C078
  • 4-Digit Zip Code: 3255
  • Zip Code: 30901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $52,204
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2103
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 57
  • Final Value: 26,979
  • High Value: 32,654
  • Low Value: 21,303

    Market Valuation

  • Market Total Value: $18,436
  • Market Land Value: $2,200
  • Market Improvement Value: $16,236

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,374
  • Assessed Land Value: $880
  • Assessed Improvements Value: $6,494

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-003229
  • Previous Sale Recording Date: Jan 27, 2009
  • Previous Sale Contract Date: Jan 23, 2009
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Laney Walker

Stats & Trends

Median Asking:

$80,000

Sale Price/ft²

$65

Above Asking

0.00%

Average Days on Market

26

Average Home Size

1396 ft²

Average Home Age

101.7 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1232 12th Street, GA, 30901

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
1232 12th Street #F, GA, 30901

Rentals Near You

Click here to view more rentals in the neighborhood.
View Original Listing by Meybohm Realtors (706) 863-8218
ARGA-528615 Copyright © 2024 Greater Augusta Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Listing Status: Active

Frequently Asked Questions

When was property at 1371 Wrightsboro Road built and last sold?
The property at 1371 Wrightsboro Road was built in 1928 and last sold on Apr 18, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 1371 Wrightsboro Road is $0.
What are some comparable homes to 1371 Wrightsboro Road?
There are currently no comparable homes to 1371 Wrightsboro Road.
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