new - 7 days on rocket

408 Gilmore St, Waycross, GA, 31501

$195,000

Home List Price

$2,316*

Closing Credit

0 Baths
House

Location

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408 Gilmore St, Waycross$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Property Highlights

ParkingAssigned
Year Built1957
HeatingCentral
CoolingCentral Air
MLS #10427183
Lot Size0.32 Acres
StatusActive
(New)

About 408 Gilmore St

If you are looking for a great investment opportunity, THIS IS IT! This quadplex features stucco and brick exterior, a new metal roof, new windows with $2450 monthly income. Low maintenance and low operating expenses yields 13.2% cap rate. Located in the city limits at the corner of Pendergast and Gilmore Streets; each unit has it's own mailing address. Landlord pays for water/sewage and lawn care. Situated on over a quarter acre, each unit has it's own entrance and parking access. UNIT 1 (408 GILMORE) - 2 Bed/1Bath, central HVAC, tenant occupied, month-to-month lease. UNIT 2 (307 PENDERGAST) - 1 Bed/1Bath, heating/air window unit, completely remodeled in 2023, vacant & move-in ready. UNIT 3 (307 1/2 PENDERGAST) - 1Bed/1Bath, heating/air window unit, tenant occupied, month-to-month lease. UNIT 4 (309 PENDERGAST) - 1Bed/1Bath, heating/air window unit, tenant occupied, month-to-month lease. Flexible lease terms. Showings require 24-hour notice as a courtesy to tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1957

Listing Office:

  • Office Name: Honeyland Properties
  • Listing Agent: Kristie Anderson

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Wendy's 601 Memorial Dr, Waycross, GA 31501 Head south toward Memorial Dr 59 ft Turn right onto Memorial Dr 0.2 mi Turn left onto Screven Ave 0.1 mi Turn left onto Gilmore Ave 43 ft Turn right onto Gilmore St Destination will be on the right 0.2 mi 408 Gilmore St Waycross, GA 31501

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000

Tax Information:

  • Annual Amount: $981
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Waycross, GA.

Med. Sold Price

$159.9K

Med. Price/SqFt

$100

Avg. Days On Market

57

# of Sold Homes

12

408 Gilmore St vs Waycross

7 DAYS ON ROCKET

-50 Days

$195,000

+$35K More

KEY TAKEAWAY

This property is $35K more than the Median Sold Price in Waycross, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10427183

Listing Office:

  • Office Name: Honeyland Properties
  • Listing Agent: Kristie Anderson

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 13, 2015Home Sold
$33,000

Tax History

YEARPROP. TAXASSESSMENT
2020$981$22,321
2019$911$21,377
2018$912$20,433
2017$576$20,433

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-912140
6
/10
  • Williams Heights Elementary School

  • 705 Dewey St

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-912141
5
/10
  • Center Elementary School

  • 2114 Dorothy St

  • 2.08 miles

  • Public District Grades KG-5

school-card-donut-912142
5
/10
  • Memorial Drive Elementary School

  • 2580 Ambrose St

  • 2.49 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,994. The most common annual income of people living in Waycross, GA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 408 Gilmore St

What is the listing price of this property?

The listing price of 408 Gilmore St property is $195,000.

What type of property is this?

The property 408 Gilmore St is a house located in Waycross, Georgia, 31501.

Is this property for sale now?

Active Listing: 408 Gilmore St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $981 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 13, 2015 for $33,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 408 Gilmore St is 1957.

Rocket HomesGeorgiaWare CountyWaycross31501408 Gilmore St

This home is located at 408 Gilmore St in Waycross, GA and zip code 31501. This home, which was built in 1957, sits on a 0.32 acre lot. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $195,000.

In November 2024 more than 2 listings in Waycross, GA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Waycross, GA increased by 13% between October 2024 and November 2024. The median list price of listings available in November 2024 was $159,950, while the average time on the real estate market was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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