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$365,000

Beds
8
Baths
6.0
sq ft
4,917

801 Walnut St, Louisville, GA 30434

801 Walnut St

Louisville, GA 30434

  • 9 days on market
Discover a unique opportunity at 801 Walnut St in the quaint, picturesque, tree-lined streets of the town of Louisville in Jefferson county GA. This versatile commercial property was previously licensed by the state of Georgia as a Personal Care Home accommodating up to 11 individuals until 2022. The property can easily be rezoned back to a residential with an accessory dwelling unit for income purposes. This property has a total of 8 bedrooms and 6 bathrooms. Lots of potential here. The main house offers a spacious 3,567 sq ft layout featuring six bedrooms and four easily accessible bathrooms. It boasts generous living spaces, a large open dining area, and a beautiful 12' x 40' front porch perfect for relaxation. Included on the property is a 1,350 sq ft guest house, built in 2006, with two bedrooms and two bathrooms. This space is ideal for owner or staff living quarters or could be used as a short-term rental property. Situated on a flat corner lot in the heart of Louisville, the property offers the convenience of town living with the charm of a close-knit community. With Personal Care Homes in high demand, this property is primed and ready for a new owner to continue its legacy. It already has a fire suppression system in place as well as a wheelchair ramp, meeting key requirements for such facilities. The location is centrally located with easy access to Augusta (46 miles), Millen (35 miles), Milledgeville (56 miles), Sandersville (28 miles), Harlem (42 miles), Wrens (approximately 12 miles), and Swainsboro (34 miles). Whether you're looking to re-establish a Personal Care Home, convert it into a grand residence, or explore investment opportunities, this property offers endless possibilities. Don't miss out on this exceptional opportunity in picturesque Louisville, GA. Directions: US Hwy #1 South to Louisville to Left onto E. 8th St. Property is at the corner of East 8th St and Walnut St. This much newer (built in 2006) 2 bedroom/2 bathroom, single family 1350 sq ft home (ADU - Accessory Dwelling Unit) fronts on West 8th St. Main dwelling fronts on Walnut St. The ADU allows for income potential as a rental property. There is a huge need for good quality rental housing at an affordable price in this area.

Details

Property type

Single Family Residence

Est. home value

$376,073

Lot size

0.45 acres

Price per sq ft

$75

Year built

1950

Annual property taxes

$3,669.59

HOA

No

Price History

03/27/2025
GeorgiaMLS

GeorgiaMLS #10487965

Listed
$365,000
-3.69%
08/16/2024
GeorgiaMLS

GeorgiaMLS #20169607

Removed
$379,000
02/27/2024
GeorgiaMLS

GeorgiaMLS #20169607

Price change
$379,000
-1.56%

Schools & Community

Elementary school: 

Louisville Academy

Middle school: 

Jefferson

High school: 

Jefferson County

Community features: 

Sidewalks, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$331,892
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$3,908
Cash to seller
$331,892

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First State Bank

Loan start date

August 2022

Original loan amount

$10,259

Est. remaining balance

$3,908

Interest rate

5.81%

Loan type

New Conventional, 4 year

Seller

Paulas Home Place Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/05/2025 at 1:15 AM

Listing updated: 04/03/2025 at 12:20 PM

Listed by: Charlton A. Carswell, Augusta Partners, LLC

MLS: GeorgiaMLS #10487965

GeorgiaMLS logo

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