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Sold on 02/27/2014
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511 Thomas Ave, Chickamauga, GA 30707

$770,000

Last sold 02/27/2014 for $340K

  • —

    bed

  • —

    bath

  • 7,256

    Sqft ($47/Sqft)

Multi-family not for sale
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About 511 Thomas Ave

Property type Multi-family
Year built 2000
HOA fee $0/month
Lot size 1 Acre
Movoto estimate
Rental estimate
Property description
4 duplexes priced way below tax value of $525,610. Each side has 2 bedrooms, 1 full bath, large living room, kitchen/dining combo, double concrete driveway. Two duplexes have 1,920 sq ft each and 2 have 1,708 sq ft each. One unit has a full basement with outside entrance for storage. Priced together at $399,000 or can purchase 1 (523-525) for $105,000. Located in Chickamauga City limits so eligible for awarding winning Chickamauga City Schools.
Listed by
Listing Agent - Jean S Penland
Listing Agent Contact: 706-375-5055
Listing Office - Penland Realty
Source: GCAR MLS mls logo
MLS#1165480 • last updated 2 years ago
Movoto checked GCAR MLS for data 25 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Central, Electric
Levels/Style One, 1
MLS # 1165480
SubType Duplex
Living Area 7256
Status Closed
Lot Size (Acres) 1
Lot Size (SqFt) 43560
Year Built 2000
Interior
Interior Features Eat-in Kitchen
Exterior
Roof Shingle
Construction Other
Parking Off Street
Lot Features Level
Amenities / Utilities
Water Source Public
Location
Subdivision None
Elementary School Chickamauga Elementary
Middle School Gordon Lee Middle
High School Gordon Lee High
APN 3006 032C/032D
Directions Hwy 27 To Lee And Gordon Mill Rd, Left On Hamel Drive, Right On Terri, Left On Thomas Ave
Multifamily Details
Total # of Units 4
$770K
Range: $408K-$1.13M
Last 30 days 
Rental est.: $1,675/month
Gross rent multiplier: 16.9
  • Feb 2014
    Public Records
  • Feb 28, 2014 Sold
    $340,000
  • Feb 2014
    mls logo MLS # 1165480
  • Feb 27, 2014 Sold
    $340,000 (-14.8%)
  • Jun 29, 2011 Listed
    $399,000
  • Year Property taxes Tax assessment
  • 2025
    $6,161 +2.4%
    $260,768 +4.71%
  • 2024
    $6,013 +2.1%
    $249,030 +5.43%
  • 2023
    $5,889 +8.3%
    $236,206
  • 2022
    $5,435 +13.4%
    $236,206 +29.2%
  • 2021
    $4,792 +91.5%
    $182,823 +24.64%
  • 2020
    $2,502
    $146,686
  • 511 Thomas Ave
    $340K
  • —
  • 30707
    $377K +3% y/y
  • Chickamauga
    $396K +8% y/y
No chart available
Statistics calculated by Movoto

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7/10
Chickamauga Elementary School
public Grades PK, K-5
Chickamauga City School District
6/10
Gordon Lee Middle School
public Grades 6-8
Chickamauga City School District
7/10
Gordon Lee High School
public Grades 9-12
Chickamauga City School District
Source: GreatSchools.org © 2026. All rights reserved.

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