128 Sharp St · Bremen, GA 30110

$205,000

2 bd · 1.0 ba · 840 sqft · SingleFamily public records · 12 Days on market

Built 1920 8,712 sqft lot $244/sqft · 16% above area Est $177k · 16% over

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Schools +5.9/10.0
• Cash flow +5.7/30.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.4/15.0
• 1% rule +0.3/10.0
• DSCR +0.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great home located in Bremen City Limits. This property offers an extremely convenient location close to everything Bremen has to offer. This 2-bedroom 1-bath home is perfect for a starter home, for someone looking to downsize, or even an investment home opportunity. Over the last 2 years, the home has been updated with new cabinets, new countertops, new backsplash, new closet, and fresh paint throughout the entire interior. The kitchen also features updated appliances, including a new dishwasher and refrigerator. Additional improvements include an added concrete slab to enhance and expand the driveway for extra convenience. Major systems have already been taken care of, with HVAC system only about 5 years old, water heater approximately 7 years old. Inside, you'll find refinished hardwood flooring throughout, along with a spacious living room and kitchen that make the home feel open and inviting. Outside, enjoy a back porch, big fenced-in back yard - perfect for pets or relaxing - along with a storage shed that remains with the property. Zoned for Bremen City Schools, within walking distance to the elementary school. Whether you're looking for a primary residence, starter home, or a great buy-and-hold rental, this is a great opportunity!!

Key facts

• Updated appliances
• Updated cabinets
• Fresh paint

Tags

• UPDATED CABINETS
• UPDATED COUNTERTOPS
• UPDATED BACKSPLASH
• NEW CLOSET
• FRESH PAINT
• UPDATED APPLIANCES

Property features AI

Exterior

• Parking: Parking pad (1 space)
• Utilities: Public water; Public sewer; Electric service with 220 volts; Cable available; Natural gas available; Electricity available
• Home design: One level; Resale property
• Construction: Vinyl siding construction; Composition roof
• Exterior features: Back yard with wood privacy fencing; Deck; Front porch; Shed(s)

Interior

• Kitchen: Dishwasher; Range hood; Refrigerator
• Bedrooms: 2 bedrooms on the main level; Bedroom features: Other
• Flooring: Hardwood; Tile
• Bathrooms: 1 full bathroom (main level); Master bath: Other
• Heating & cooling: Central heating; Central air
• Interior features: High speed internet; No shared/common walls
• Laundry & utility: Washer; Dryer; Gas water heater; Laundry features: Other

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $-416 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $131k (35.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $109k (46.9% below list).
• Recommended offer: $109k (46.9% below list) — sets the bar for 1% rule.
• Cap rate 3.9% vs local median 3.2% in Bremen — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 70/100 on livability (#97 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Bremen City (town): math 72% / reading 68% proficiency, ranked #3 of 174 in GA (top 2%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: Bremen Middle School (math 75% / reading 72%, grade A, #9 of 470 statewide, top 2%, 509 students, 14% FRL); Bremen High School (math 52% / reading 57%, grade C-, #21 of 424 statewide, top 5%, 749 students, 15% FRL).
• Market conditions: 145 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 225 units permitted in Haralson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Haralson County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $140k; 46% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,772 (46.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.53% ✗
• Cap rate: 3.86%
• Cash-on-cash: -8.70%
• DSCR: 0.61
• GRM: 15.7

CMA / ARV

• ARV (median comp): $177,067
• List price: $205,000
• Delta: 15.78%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
201 Marchman St	0.07mi	2/1.0	824 (-2%)	18mo	$140,000	$170	79

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -31.8%
• Equity multiple: -0.04×
• Total profit: $-59,801
• Equity at exit: $30,566

10-year hold

• IRR: -36.4%
• Equity multiple: -0.51×
• Total profit: $-86,498
• Equity at exit: $17,725

Cash invested: $57,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30110

• Home prices YoY: -8.0%
• Active inventory: 145
• Price-to-rent: 15.7×

Monthly cashflow live

• Estimated rent: $1,088 medium
• Mortgage (P&I): −$1,075
• Tax from tax record: −$115 /mo · $1,381/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$228
• Net cashflow: $-416

Break-even live

Break-even rent $1,615

Max offer price $131,465

Occupancy floor —

Sensitivity live

Price	-10% $-300	-5% $-358	+0% $-416	+5% $-474	+10% $-532
Rent	-10% $-502	-5% $-459	+0% $-416	+5% $-373	+10% $-330
Rate	-1.0pp $-313	-0.5pp $-364	base $-416	+0.5pp $-469	+1.0pp $-523

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
121 Marchman St Bremen, GA	2.0	1.0	775	$1,000	$1.29	44d	1	0.10mi
243 N Georgia Ave Apt C Bremen, GA	2.0	1.0	700	$2,600	$3.71	2d	1	0.44mi
235 Georgia Ave N Bremen, GA	3.0	2.0	1100	$4,800	$4.36	44d	1	0.46mi
243 N Georgia Ave Apt A Bremen, GA	2.0	1.0	700	$2,300	$3.29	44d	1	0.46mi
409 Tallapoosa St Bremen, GA	2.0	1.5	1050	$1,295	$1.23	2d	1	0.74mi
417 Tallapoosa St Bremen, GA	2.0–3.0	2.0	1089	$1,275	$1.17	2d	1	0.76mi
804 Highway 27 N Bremen, GA	2.0	1.5	1044	$1,595	$1.53	2d	1	1.03mi

Listing history 31 events

1. 2026-05-15
   listed $205,000 New 1260-char remark

   Show marketing remark (1260 chars)

   Great home located in Bremen City Limits. This property offers an extremely convenient location close to everything Bremen has to offer. This 2-bedroom 1-bath home is perfect for a starter home, for someone looking to downsize, or even an investment home opportunity. Over the last 2 years, the home has been updated with new cabinets, new countertops, new backsplash, new closet, and fresh paint throughout the entire interior. The kitchen also features updated appliances, including a new dishwasher and refrigerator. Additional improvements include an added concrete slab to enhance and expand the driveway for extra convenience. Major systems have already been taken care of, with HVAC system only about 5 years old, water heater approximately 7 years old. Inside, you'll find refinished hardwood flooring throughout, along with a spacious living room and kitchen that make the home feel open and inviting. Outside, enjoy a back porch, big fenced-in back yard - perfect for pets or relaxing - along with a storage shed that remains with the property. Zoned for Bremen City Schools, within walking distance to the elementary school. Whether you're looking for a primary residence, starter home, or a great buy-and-hold rental, this is a great opportunity!!

2. 2026-05-15
   listed $205,000 Active 1259-char remark

   Show marketing remark (1260 chars)

   Great home located in Bremen City Limits. This property offers an extremely convenient location close to everything Bremen has to offer. This 2-bedroom 1-bath home is perfect for a starter home, for someone looking to downsize, or even an investment home opportunity. Over the last 2 years, the home has been updated with new cabinets, new countertops, new backsplash, new closet, and fresh paint throughout the entire interior. The kitchen also features updated appliances, including a new dishwasher and refrigerator. Additional improvements include an added concrete slab to enhance and expand the driveway for extra convenience. Major systems have already been taken care of, with HVAC system only about 5 years old, water heater approximately 7 years old. Inside, you'll find refinished hardwood flooring throughout, along with a spacious living room and kitchen that make the home feel open and inviting. Outside, enjoy a back porch, big fenced-in back yard - perfect for pets or relaxing - along with a storage shed that remains with the property. Zoned for Bremen City Schools, within walking distance to the elementary school. Whether you're looking for a primary residence, starter home, or a great buy-and-hold rental, this is a great opportunity!!

3. 2024-02-16
   soldstatus $140,000
4. 2024-02-14
   soldstatus $140,000 Sold

   Show marketing remark (628 chars)

   Great home in Bremen City Limits! Extremely convenient location to shopping and dining. 2 Bedrooms and 1 bath home makes this home a perfect starter home or a home for people looking to downsize. Some AWESOME upgrades includes: The HVAC system was replaced only 3 years ago, water heater only about 5 years ago, and the roof is only approx 5 years young!! Beautiful hardwood flooring throughout. Good-sized living room and kitchen! The yard is beautiful! Storage shed included with the property! Zoned for Bremen City Schools!! This home could even be a great buy-and-hold property to rent out! Get your showing scheduled ASAP.

5. 2024-02-14
   soldstatus $140,000 Closed

   Show marketing remark (628 chars)

   Great home in Bremen City Limits! Extremely convenient location to shopping and dining. 2 Bedrooms and 1 bath home makes this home a perfect starter home or a home for people looking to downsize. Some AWESOME upgrades includes: The HVAC system was replaced only 3 years ago, water heater only about 5 years ago, and the roof is only approx 5 years young!! Beautiful hardwood flooring throughout. Good-sized living room and kitchen! The yard is beautiful! Storage shed included with the property! Zoned for Bremen City Schools!! This home could even be a great buy-and-hold property to rent out! Get your showing scheduled ASAP.

6. 2024-01-16
   status Pending

   Show marketing remark (628 chars)

   Great home in Bremen City Limits! Extremely convenient location to shopping and dining. 2 Bedrooms and 1 bath home makes this home a perfect starter home or a home for people looking to downsize. Some AWESOME upgrades includes: The HVAC system was replaced only 3 years ago, water heater only about 5 years ago, and the roof is only approx 5 years young!! Beautiful hardwood flooring throughout. Good-sized living room and kitchen! The yard is beautiful! Storage shed included with the property! Zoned for Bremen City Schools!! This home could even be a great buy-and-hold property to rent out! Get your showing scheduled ASAP.

7. 2024-01-16
   status Under Contract

   Show marketing remark (628 chars)

   Great home in Bremen City Limits! Extremely convenient location to shopping and dining. 2 Bedrooms and 1 bath home makes this home a perfect starter home or a home for people looking to downsize. Some AWESOME upgrades includes: The HVAC system was replaced only 3 years ago, water heater only about 5 years ago, and the roof is only approx 5 years young!! Beautiful hardwood flooring throughout. Good-sized living room and kitchen! The yard is beautiful! Storage shed included with the property! Zoned for Bremen City Schools!! This home could even be a great buy-and-hold property to rent out! Get your showing scheduled ASAP.

8. 2024-01-10
   listed $130,000 New

   Show marketing remark (628 chars)

   Great home in Bremen City Limits! Extremely convenient location to shopping and dining. 2 Bedrooms and 1 bath home makes this home a perfect starter home or a home for people looking to downsize. Some AWESOME upgrades includes: The HVAC system was replaced only 3 years ago, water heater only about 5 years ago, and the roof is only approx 5 years young!! Beautiful hardwood flooring throughout. Good-sized living room and kitchen! The yard is beautiful! Storage shed included with the property! Zoned for Bremen City Schools!! This home could even be a great buy-and-hold property to rent out! Get your showing scheduled ASAP.

9. 2024-01-10
   listed $130,000 Active

   Show marketing remark (628 chars)

   Great home in Bremen City Limits! Extremely convenient location to shopping and dining. 2 Bedrooms and 1 bath home makes this home a perfect starter home or a home for people looking to downsize. Some AWESOME upgrades includes: The HVAC system was replaced only 3 years ago, water heater only about 5 years ago, and the roof is only approx 5 years young!! Beautiful hardwood flooring throughout. Good-sized living room and kitchen! The yard is beautiful! Storage shed included with the property! Zoned for Bremen City Schools!! This home could even be a great buy-and-hold property to rent out! Get your showing scheduled ASAP.

10. 2019-11-20
    soldstatus $112,500
11. 2019-10-15
    soldstatus $112,500 Sold
12. 2019-08-09
    status Pending
13. 2019-08-09
    status Under Contract
14. 2019-07-19
    listed $119,900 Active
15. 2019-07-19
    listed $119,900 New
16. 2015-10-29
    price $40,000
17. 2015-05-07
    soldstatus $40,000
18. 2015-05-06
    price $40,000
19. 2015-05-05
    historical
20. 2015-05-01
    soldstatus $40,000 Sold
21. 2015-05-01
    soldstatus $40,000 Sold
22. 2015-05-01
    price $49,900
23. 2015-02-11
    historical Pending
24. 2015-02-11
    status Under Contract
25. 2015-02-11
    price $49,900
26. 2015-01-02
    listed $49,900 Active
27. 2014-12-30
    historical
28. 2014-10-08
    listed $49,900 Active
29. 2014-10-08
    listed $49,900 New
30. 1996-09-26
    soldstatus $20,000
31. 1983-01-04
    soldstatus $20,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $1,381 · $115/mo
• Projected year-2 tax: $1,886 · $157/mo
• Expected delta: +$505/yr (+$42/mo · 36.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥101°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,053
• − Mortgage interest: −$11,483
• − Property taxes: −$1,381
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,044
• − Management: −$1,044
• − Depreciation: −$5,964
• Taxable loss: −$8,889
• Est. tax savings @ 24.0%: +$2,133
• After-tax cash flow: $-2,862/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bremen City
• NCES district ID: 1300510
• Math proficiency: 72% ▼ -6.00%
• Reading proficiency: 68% ▼ -3.00%
• Median HH income: $50,176
• Composite: 59.41/100
• National rank: #929
• State rank: #3 of 174 in GA

Livability — Bremen

• Score: 70/100
• State rank: #97
• US rank: #7777

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment A- Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bremen, GA
• Population (ZIP): 14,088

Population outlook (Haralson County) Hauer SSP2

• Today (2025): 29,106 people
• By 2030: 29,023 · -0.3%
• By 2040: 28,434 · -2.3%
• By 2050: 27,144 · -6.7%
• By 2075: 22,666 · -22.1%
• By 2100: 16,475 · -43.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Black 4% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Slovak 4% Serbian 2% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Other Indo-European 1%

Political lean MEDSL · Haralson

• 2024 margin: Solid R (+74.4) · D 12.6% · R 87.0%
• 2008→2024 swing: -16.6pp toward R · 2008: -57.8pp · 2024: -74.4pp
• All cycles: 2024: R+74.4 2020: R+74.0 2016: R+71.6 2012: R+64.2 2008: R+57.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -28.20%
• Current HPI: 326.4181
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+925.0% since first listed

33 events — show timeline

• 2026-05-27 Pending — FMLS
• 2026-05-27 Pending — GAMLS
• 2026-05-15 Listed $205,000 GAMLS
• 2026-05-15 Listed $205,000 FMLS
• 2024-02-16 Sold (Public Records) $140,000 Public Records
• 2024-02-14 Sold (MLS) $140,000 FMLS
• 2024-02-14 Sold (MLS) $140,000 GAMLS
• 2024-01-16 Pending — FMLS
• 2024-01-16 Pending — GAMLS
• 2024-01-10 Listed $130,000 FMLS
• 2024-01-10 Listed $130,000 GAMLS
• 2019-11-20 Sold (Public Records) $112,500 Public Records
• 2019-10-15 Sold (MLS) $112,500 GAMLS
• 2019-08-09 Pending — FMLS
• 2019-08-09 Pending — GAMLS
• 2019-07-19 Listed $119,900 GAMLS
• 2019-07-19 Listed $119,900 FMLS
• 2015-10-29 Price Changed $40,000 GAMLS
• 2015-05-07 Sold (Public Records) $40,000 Public Records
• 2015-05-06 Price Changed $40,000 FMLS
• 2015-05-05 Listing Removed — FMLS
• 2015-05-01 Sold (MLS) $40,000 GAMLS
• 2015-05-01 Price Changed $49,900 FMLS
• 2015-05-01 Sold (MLS) $40,000 FMLS
• 2015-02-11 Contingent — FMLS
• 2015-02-11 Pending — GAMLS
• 2015-02-11 Price Changed $49,900 GAMLS
• 2015-01-02 Listed $49,900 FMLS
• 2014-12-30 Listing Removed — FMLS
• 2014-10-08 Listed $49,900 FMLS
• 2014-10-08 Listed $49,900 GAMLS
• 1996-09-26 Sold (Public Records) $20,000 Public Records
• 1983-01-04 Sold (Public Records) $20,000 Public Records

Property tax history

+13.0%/yr

Latest (2025): $1,381 · +17.9% YoY. Source: county tax records.