108 College Ave Lagrange, GA 30240

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4 beds · 2 baths · 3,115 sq ft · Lot Size: 9,583 sq ft · Single Family Home
Est. Property Value: $264,578

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108 College Ave is in the 30240 neighborhood of Lagrange, GA. It is located in Troup County and ZIP code 30240. This Single Family Home was built in 1920 and is approximately 105 years old. The single family home spans 3115 sq ft with 4 bedrooms and 2 bathrooms and sits on a 9583 sq ft lot. According to public records, it was last sold in 2020 for $156,000 and has a tax-assessed value of $235,500, which is $85 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 108 College Ave Lagrange, GA 30240 with Property Intel by Whitepages.

Owners & Occupancy for 108 College Ave

This property is owned by Tonya D Bell. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(706) ***-****View Cell Phone
Residence************
Landline(325) 942-8969
Distance from Property**********
Email Address*********@ymail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************ age 53
Resident 2*************** age 48

Property Financials for 108 College Ave

108 College Ave, Lagrange, GA has a mortgage from Statewide Mtg (orig. December 15, 2020). The Troup county assessment for 2024 values it at $235,500, with annual taxes of $2,569.

Mortgage & Equity Information

Loan Amount$******
LenderStatewide Mtg
Origination DateDecember 15, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateDecember 15, 2020
Property Tax Amount$2,569 in 2024
Purchase Price$156,000
Assessed Value$235,500 on 2024

Investment Potential for 108 College Ave

The property has a current estimated value of $264,578, which is 15% below the zip median, based on public records. It last sold on December 15, 2020 for $156K. Projected long-term
is $25,200 annually ($2,100 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$25,200 per year($2,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 30240 zip code
 
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Property Details for 108 College Ave

Property Details

Property Sq Ft

Living Area

3,115 sq ft

14% above market

Lot Size

9,583 sq ft

78% below market

Price Per Sq Ft

Living Area

$85 / sq ft

27% below market

Lot Size Area

$28 / sq ft

291% above market

Property condition, age, exterior, etc. for 108 Colleg…
Longitude: -85.042826 Latitude: 33.036998 Parcel Number (APN): 061-4B-021-011…

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Market Benchmarks

Compare data for 108 College Ave in Troup County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$264,578
$444,898
-$180,321 (-41%)
$602,447
-$307,808 (-51%)
YoY Price Change
Year Built
1920
2001
-81 years
Living Space
3,115 sq ft
2,821 sq ft
294 (10%)
$ Per Living Sq Ft
$85
$158
-$73 (-46%)
Lot Size
9,583 sq ft
16,513 sq ft
-6930 (-42%)
$ Per Lot Sq Ft
$28
$29
-$2 (-5%)

Net Operating Income
$19,565
-$2,236 (-11%)
Annual Revenue
$25,200
$30,600
-$5,400 (-18%)
$11,313
-$3,442 (-30%)
Net Operating Income
$19,565
-$2,236 (-11%)
Cap Rate
4.75%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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