Investor Special: Fixer-Upper with Tenant in Place at 805 Ray St, Griffin, GA Discover a promising investment opportunity with this fixer-upper property at 805 Ray St, Griffin, GA. This home offers immediate rental income with a reliable tenant already in place, while presenting an exciting opportunity for value-add improvements. Property Highlights: Co Tenant in Place: Enjoy steady rental income from a current tenant, ensuring immediate cash flow and reducing vacancy risk. Co Fixer-Upper Potential: The property is ripe for renovation and upgrades, allowing you to enhance its value and increase future rental income or resale value. Co Prime Location: Situated in a sought-after Griffin neighborhood with convenient access to amenities, schools, and public transportation. Co Investment Potential: With some updates and repairs, this property offers significant upside potential and is a great addition to any real estate investment portfolio. Take advantage of this unique opportunity to invest in a property with existing rental income and potential for substantial improvement at 805 Ray St.
Closed
$85,000
805 Ray St, Griffin, GA 30223
3beds
1,208sqft
Single Family Residence
Built in 1940
8,276.4 Square Feet Lot
$97,000 Zestimate®
$70/sqft
$1,434 Estimated rent
Home value
$97,000
$76,000 - $122,000
$1,434/mo
Zestimate® history
Owner options
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$1,434/mo
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$1,434/mo
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$549/mo
Est. payment
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$549/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jodie Sherwood 470-302-4113,
Atlanta Communities,
Gabbie Richardson 404-883-6763,
Atlanta Communities
Bought with:
Non Mls Salesperson
Non-Mls Company
Source: GAMLS,MLS#: 10354119
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer
- Laundry: Common Area
Features
- High Ceilings
- Flooring: Carpet
- Basement: Crawl Space
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,208
- Total interior livable area: 1,208 sqft
- Finished area above ground: 1,208
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 8,276 sqft
- Features: None
Details
- Parcel number: 009 14004
- Special conditions: Investor Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available
Community & neighborhood
Community
- Community features: None
Location
- Region: Griffin
- Subdivision: None
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2024 | Sold | $85,000-15%$70/sqft |
Source:  GAMLS #10354119 Report a problem | ||
| 8/14/2024 | Pending sale | $100,000$83/sqft |
Source: GAMLS #10354119 Report a problem | ||
| 8/8/2024 | Listed for sale | $100,000+138.1%$83/sqft |
Source:  FMLS GA #7434563 Report a problem | ||
| 10/21/2019 | Sold | $42,000+394.1%$35/sqft |
Source: Public Record Report a problem | ||
| 8/31/2012 | Sold | $8,500-63%$7/sqft |
Source: Public Record Report a problem | ||
| 11/1/2011 | Sold | $23,000+27.8%$19/sqft |
Source: Public Record Report a problem | ||
| 4/9/2007 | Sold | $18,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,016 +25.7% | $26,619 +27.1% |
| 2023 | $808 +15.4% | $20,950 +19.5% |
| 2022 | $700 +11.2% | $17,528 +11.2% |
| 2021 | $630 -1.8% | $15,760 |
| 2020 | $641 +83% | $15,760 +90% |
| 2019 | $350 +0.1% | $8,295 -2% |
| 2018 | $350 -2.1% | $8,468 |
| 2017 | $358 +0.6% | $8,468 |
| 2016 | $356 | $8,468 |
| 2015 | $356 -1.6% | $8,468 |
| 2014 | $362 | $8,468 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | $9,130 |
| 2002 | -- | $9,130 +55.5% |
| 2001 | -- | $5,870 |
Find assessor info on the county website
Neighborhood: 30223
Nearby schools
GreatSchools rating
- 4/10Atkinson Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 4/10Cowan Road Middle SchoolGrades: 6-8Distance: 2.5 mi
- 3/10Griffin High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Atkinson
- Middle: Cowan Road
- High: Griffin
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$97,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$97,000
- Georgia
- Spalding County
- Griffin
- 30223
- 805 Ray St
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