202 Martin Luther King Jr Dr · Perry, GA 31069

$165,000

3 bd · 2.0 ba · 1,378 sqft · SingleFamily public records · 151 Days on market

Built 1930 10,018 sqft lot $120/sqft · 29% below area Est $253k · 35% under

---

Why this score? — see what drove the B 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).

• Cash flow +29.4/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.0/10.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

Key facts

• 0.23 acre lot
• Built 1930
• Listed 151 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $583 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $145k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 4.5% in Perry — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#149 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: amenities F, commute F, health & safety F.
• Houston County (urban): math 43% / reading 46% proficiency, ranked #23 of 174 in GA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 466 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,545 units permitted in Houston County in 2024 (336 in 5+ unit buildings).
• This rent runs 32% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Houston County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $46k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 151 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 2y ago; this cycle's ask has dropped $35k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $142k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 151 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 1.20% ✓
• Cap rate: 10.53%
• Cash-on-cash: 15.14%
• DSCR: 1.67
• GRM: 7.0

CMA / ARV

• ARV (median comp): $252,520
• List price: $165,000
• Delta: -34.66%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
103 Martin Luther King Dr	0.09mi	4/2.0 (+1)	1,248 (-9%)	1mo	$160,000	$128	74
609 Marsha Dr	0.57mi	3/2.0	1,372 (-0%)	2mo	$159,000	$116	71
1100 Creekwood Dr	0.28mi	4/2.0 (+1)	1,455 (+6%)	7mo	$103,000	$71	67
800 Ball St	0.46mi	2/2.0 (-1)	1,416 (+3%)	14mo	$155,000	$109	57
505 Bradley St	0.37mi	3/1.0	1,250 (-9%)	10mo	$98,000	$78	55
206 Hill Ln	0.46mi	3/2.0	1,518 (+10%)	11mo	$260,000	$171	52
218 Hill Ln	0.37mi	3/2.0	1,503 (+9%)	20mo	$260,500	$173	51
801 Carey St	0.62mi	3/2.0	1,450 (+5%)	15mo	$151,000	$104	50
1310 WF Ragin Dr	0.67mi	3/1.0	1,376 (-0%)	17mo	$33,000	$24	50
315 Lee St	0.69mi	3/2.0	1,510 (+10%)	4mo	$228,500	$151	49
700 Martin Luther King Dr	0.68mi	3/2.0	1,296 (-6%)	17mo	$215,000	$166	44
1101 Tucker Rd	0.74mi	2/1.0 (-1)	1,232 (-11%)	8mo	$147,000	$119	32

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: 5.7%
• Equity multiple: 1.22×
• Total profit: $10,312
• Equity at exit: $24,602

10-year hold

• IRR: 15.1%
• Equity multiple: 2.22×
• Total profit: $56,490
• Equity at exit: $14,266

Cash invested: $46,200 (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 31069

• Active inventory: 466
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,974 high
• Mortgage (P&I): −$865
• Tax from tax record: −$43 /mo · $511/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$415
• Net cashflow: $583

Break-even live

Break-even rent $1,236

Max offer price $165,000

Occupancy floor 65%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1218 Creekwood Dr Perry, GA	4.0	2.0	1545	$1,900	$1.23	43d	1	0.51mi
1218 Creekwood Dr Perry, GA	4.0	2.0	1545	$1,900	$1.23	21d	1	0.51mi
1108 Washington St Perry, GA	2.0	2.0	1136	$1,600	$1.41	43d	1	0.64mi
705 Evergreen St Perry, GA	2.0	1.5	1489	$1,400	$0.94	21d	1	0.65mi
1009 Northside Dr Perry, GA	2.0	2.0	1008	$2,150	$2.13	43d	1	0.71mi
1009 Northside Dr Perry, GA	2.0	2.0	1008	$2,150	$2.13	21d	1	0.71mi
1215 Macon Rd Perry, GA	3.0	2.5	1768	$1,700	$0.96	13d	1	0.97mi
1112 3rd St Unit B Perry, GA	2.0	2.0	1200	$1,500	$1.25	43d	1	0.98mi
1304 Georgia Ave Perry, GA	4.0	2.0	1485	$3,500	$2.36	43d	1	1.07mi
1304 Georgia Ave Perry, GA	4.0	2.0	1485	$3,500	$2.36	21d	1	1.07mi
304 Christopher Luke Cir Perry, GA	3.0	2.0	1769	$2,095	$1.18	43d	1	1.31mi
1501 Main St Perry, GA	3.0	2.0	1254	$1,750	$1.40	43d	1	1.45mi
1612 Macon Rd Perry, GA	2.0	1.0	1024	$1,200	$1.17	43d	1	1.47mi
1612 Macon Rd Perry, GA	2.0	1.0	1024	$1,200	$1.17	21d	1	1.47mi

Listing history 39 events

1. 2026-05-08
   status Under Contract 1103-char remark

   Show marketing remark (1124 chars)

   PRICE IMPROVEMENT!!! Don’t miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park—offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck—perfect for relaxing or entertaining. Inside, you’ll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you’re a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

2. 2026-05-08
   status Pending 1124-char remark

   Show marketing remark (1124 chars)

   PRICE IMPROVEMENT!!! Don’t miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park—offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck—perfect for relaxing or entertaining. Inside, you’ll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you’re a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

3. 2026-04-25
   price $165,000 1124-char remark

   Show marketing remark (1103 chars)

   PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

4. 2026-04-25
   price $165,000 1103-char remark

   Show marketing remark (1103 chars)

   PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

5. 2026-04-16
   price $175,000 1124-char remark

   Show marketing remark (1103 chars)

   PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

6. 2026-04-16
   price $175,000 1103-char remark

   Show marketing remark (1103 chars)

   PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

7. 2026-04-04
   price $184,900 1103-char remark

   Show marketing remark (1124 chars)

   PRICE IMPROVEMENT!!! Don’t miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park—offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck—perfect for relaxing or entertaining. Inside, you’ll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you’re a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

8. 2026-04-04
   price $184,900 1124-char remark

   Show marketing remark (1124 chars)

   PRICE IMPROVEMENT!!! Don’t miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park—offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck—perfect for relaxing or entertaining. Inside, you’ll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you’re a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

9. 2026-03-18
   price $189,900 1124-char remark

   Show marketing remark (1103 chars)

   PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

10. 2026-03-18
    price $189,900 1103-char remark

    Show marketing remark (1103 chars)

    PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

11. 2026-01-19
    price $194,900 1124-char remark

    Show marketing remark (1103 chars)

    PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

12. 2026-01-19
    price $194,900 1103-char remark

    Show marketing remark (1103 chars)

    PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

13. 2025-12-09
    listed $199,900 New 1103-char remark

    Show marketing remark (1103 chars)

    PRICE IMPROVEMENT!!! Don't miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park-offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck-perfect for relaxing or entertaining. Inside, you'll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you're a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

14. 2025-12-08
    historical $199,900 1103-char remark

    Show marketing remark (1124 chars)

    PRICE IMPROVEMENT!!! Don’t miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park—offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck—perfect for relaxing or entertaining. Inside, you’ll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you’re a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

15. 2025-12-08
    listed $199,900 Active 1124-char remark

    Show marketing remark (1124 chars)

    PRICE IMPROVEMENT!!! Don’t miss your chance to own this beautifully updated gem located less than a mile from the heart of Perry! Ideally situated, this property is just minutes from the vibrant dining, shopping, and entertainment of Historic Downtown Perry, and within walking distance of Rotary Centennial Park—offering expansive green space, scenic nature trails, and peaceful outdoor enjoyment. This charming home has been thoughtfully remodeled from top to bottom. Exterior enhancements include a welcoming covered front porch and a newly built back deck—perfect for relaxing or entertaining. Inside, you’ll find fresh interior paint, brand-new LVP flooring, and new carpet in all bedrooms. The upgraded kitchen features new cabinetry, new countertops, and stainless steel appliances. Additional improvements such as a newer roof, new HVAC system, updated electrical wiring, and more provide peace of mind for future homeowners. Whether you’re a first-time buyer, downsizing, or seeking a solid investment opportunity, this home is truly move-in ready. Schedule your private showing today!

16. 2025-03-11
    historical $1,600
17. 2025-02-25
    listed $1,600
18. 2025-02-24
    historical
19. 2025-01-27
    price $190,000
20. 2025-01-27
    price $190,000
21. 2025-01-27
    price $190,000
22. 2024-12-12
    listed $195,000 New
23. 2024-11-19
    soldstatus $142,000
24. 2024-11-13
    soldstatus $142,000 Sold
25. 2024-11-13
    soldstatus $142,000 Closed
26. 2024-11-13
    soldstatus $142,000 Closed
27. 2024-10-10
    historical Active Under Contract
28. 2024-10-10
    status Pending
29. 2024-10-10
    status Under Contract
30. 2024-10-04
    listed $147,500 Active
31. 2024-10-04
    listed $147,500 Active
32. 2024-10-04
    listed $147,500 New
33. 2024-06-04
    soldstatus $85,000
34. 2024-05-29
    soldstatus $85,000 Closed
35. 2024-04-30
    status Pending
36. 2024-04-15
    price $120,000
37. 2024-03-04
    price $135,000
38. 2024-01-15
    listed $150,000 Active
39. 1981-01-16
    soldstatus $18,800

ⓘ 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: $511 · $43/mo
• Projected year-2 tax: $1,518 · $126/mo
• Expected delta: +$1,007/yr (+$84/mo · 197.3%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (shaded) · 10% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 18 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $23,687
• − Mortgage interest: −$9,243
• − Property taxes: −$511
• − Insurance: −$825
• − Repairs & maintenance: −$1,895
• − Management: −$1,895
• − Depreciation: −$4,800
• Taxable income: $4,519
• Est. tax owed @ 24.0%: −$1,085
• After-tax cash flow: $5,909/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: Houston County
• NCES district ID: 1302880
• Math proficiency: 43% ▼ -7.00%
• Reading proficiency: 46% ▼ -2.00%
• Median HH income: $54,823
• Composite: 38.68/100
• National rank: #4144
• State rank: #23 of 174 in GA

Livability — Perry

• Score: 68/100
• State rank: #149
• US rank: #9757

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Perry, GA
• County: Houston County · 157,321 people
• City population: 22,953
• Metro: Warner Robins, GA
• Population (ZIP): 22,953
• Household income: $74,501
• Rent vs Own: 30.4% rent · 69.6% own
• Severe rent burden: 666.0

Population outlook (Houston County) Hauer SSP2

• Today (2025): 169,502 people
• By 2030: 178,486 · +5.3%
• By 2040: 194,642 · +14.8%
• By 2050: 207,119 · +22.2%
• By 2075: 231,480 · +36.6%
• By 2100: 235,034 · +38.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Black 24% Hispanic / Latino 4% Asian 3% Two or more races 3%
• Common ancestry: Slovak 2% Romanian 1% Lithuanian 1%
• Foreign-born: 4% · Canada, South Korea
• Languages at home: 96% English-only · Spanish 2% Chinese 1%

Political lean MEDSL · Houston

• 2024 margin: R (+11.3) · D 44.0% · R 55.3%
• 2008→2024 swing: +8.9pp toward D · 2008: -20.2pp · 2024: -11.3pp
• All cycles: 2024: R+11.3 2020: R+12.4 2016: R+21.6 2012: R+20.7 2008: R+20.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -162.01%
• Current HPI: 240.9327
• Rent YoY: —
• Metro: Warner Robins, GA
• 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

+777.7% since first listed

39 events — show timeline

• 2026-05-08 Pending — GAMLS
• 2026-05-08 Pending — CGMLS
• 2026-04-25 Price Changed $165,000 CGMLS
• 2026-04-25 Price Changed $165,000 GAMLS
• 2026-04-16 Price Changed $175,000 CGMLS
• 2026-04-16 Price Changed $175,000 GAMLS
• 2026-04-04 Price Changed $184,900 GAMLS
• 2026-04-04 Price Changed $184,900 CGMLS
• 2026-03-18 Price Changed $189,900 CGMLS
• 2026-03-18 Price Changed $189,900 GAMLS
• 2026-01-19 Price Changed $194,900 CGMLS
• 2026-01-19 Price Changed $194,900 GAMLS
• 2025-12-09 Listed $199,900 GAMLS
• 2025-12-08 Coming Soon $199,900 GAMLS
• 2025-12-08 Listed $199,900 CGMLS
• 2025-03-11 Rental Removed $1,600 Avail
• 2025-02-25 Listed for Rent $1,600 Avail
• 2025-02-24 Listing Removed — GAMLS
• 2025-01-27 Price Changed $190,000 MGMLS
• 2025-01-27 Price Changed $190,000 CGMLS
• 2025-01-27 Price Changed $190,000 GAMLS
• 2024-12-12 Listed $195,000 GAMLS
• 2024-11-19 Sold (Public Records) $142,000 Public Records
• 2024-11-13 Sold (MLS) $142,000 CGMLS
• 2024-11-13 Sold (MLS) $142,000 MGMLS
• 2024-11-13 Sold (MLS) $142,000 GAMLS
• 2024-10-10 Contingent — MGMLS
• 2024-10-10 Pending — CGMLS
• 2024-10-10 Pending — GAMLS
• 2024-10-04 Listed $147,500 MGMLS
• 2024-10-04 Listed $147,500 CGMLS
• 2024-10-04 Listed $147,500 GAMLS
• 2024-06-04 Sold (Public Records) $85,000 Public Records
• 2024-05-29 Sold (MLS) $85,000 CGMLS
• 2024-04-30 Pending — CGMLS
• 2024-04-15 Price Changed $120,000 CGMLS
• 2024-03-04 Price Changed $135,000 CGMLS
• 2024-01-15 Listed $150,000 CGMLS
• 1981-01-16 Sold (Public Records) $18,800 Public Records

Property tax history

+3.4%/yr

Latest (2025): $511 · +29.4% YoY. Source: county tax records.