3218 Pike Rd Statesboro, GA 30461

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3 beds · 2 baths · 1,344 sq ft · Lot Size: 39,640 sq ft · Single Family Home
Est. Property Value: $113,909

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageGood value per sqftOwned for 5 - 10 YearsOwner Age 35 - 45

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3218 Pike Rd is in the 30461 neighborhood of Statesboro, GA. It is located in Bulloch County and ZIP code 30461. This Single Family Home was built in 1978 and is approximately 47 years old. The single family home spans 1344 sq ft with 3 bedrooms and 2 bathrooms and sits on a 39640 sq ft lot. According to public records, it was last sold in 2015 for $45,000 and has a tax-assessed value of $104,500, which is $85 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 3218 Pike Rd Statesboro, GA 30461 with Property Intel by Whitepages.

3218 Pike Rd

Statesboro, GA 30461

Owner Info

Owners & Occupancy for 3218 Pike Rd

This property is owned by John R Burgess. Owner contact information includes 1 phone number and 3 email addresses.

Property Owners

Residence**************
Landline(912) 764-7202
Distance from Property**********
Email Address**************@gmail.comView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 42
Resident 2****************

Property Financials for 3218 Pike Rd

3218 Pike Rd, Statesboro, GA has a mortgage from Habitat For Humanity (orig. October 26, 2015). The Bulloch county assessment for 2024 values it at $104,500, with annual taxes of $887.

Mortgage & Equity Information

Loan Amount$*****
LenderHabitat For Humanity
Origination DateOctober 26, 2015
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateOctober 26, 2015
Property Tax Amount$887 in 2024
Purchase Price$45,000
Assessed Value$104,500 on 2024

Investment Potential for 3218 Pike Rd

The property has a current estimated value of $113,909, which is 53% below the zip median, based on public records. It last sold on October 26, 2015 for $45K. Projected long-term
is $19,200 annually ($1,600 per month) with a 91% occupancy rate.

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Long-Term

Gross Rental
$19,200 per year($1,600 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
91%in 30461 zip code
 
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Property Details for 3218 Pike Rd

Property Details

Property Sq Ft

Living Area

1,344 sq ft

24% below market

Lot Size

39,640 sq ft

26% above market

Price Per Sq Ft

Living Area

$85 / sq ft

38% below market

Lot Size Area

$3 / sq ft

63% below market

Property condition, age, exterior, etc. for 3218 Pike …
Longitude: -81.730038 Latitude: 32.560524 Parcel Number (APN): 102A000021-025…

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Market Benchmarks

Compare data for 3218 Pike Rd in Bulloch County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$113,909
$269,814
-$155,905 (-58%)
—
—
—
YoY Price Change
—
—
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Year Built
1978
1989
-11 years
Living Space
1,344 sq ft
1,684 sq ft
-340 (-20%)
$ Per Living Sq Ft
$85
$155
-$70 (-45%)
Lot Size
39,640 sq ft
16,553 sq ft
23087 (139%)
$ Per Lot Sq Ft
$3
$15
-$12 (-80%)

Net Operating Income
$*****
$17,687
-$2,784 (-16%)
Annual Revenue
$19,200
$25,800
-$6,600 (-26%)
$****
$7,552
-$3,255 (-43%)
Net Operating Income
$*****
$17,687
-$2,784 (-16%)
Cap Rate
****%
6.47%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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