902 Palm Street

Bainbridge, Georgia, 39819

Redeemable DeedpendingSells Oct 6, 2026 · 3 days ago

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Baths: 1
SqFt: 1,286
Lot Size: 6,989
Year Built: 1942
APN: B0360-024-000

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Absentee (Out of State)
Length of Ownership: 7 Years
Purchase Method: Cash Purchase
County: Decatur

Value

Estimated Value: $151,000
County Market Value: $71,090; 2025
Assessed Value: $28,436; 2025

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $85,000
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Document Type: Warranty Deed

Opportunity

Property Tax 2025: $917; annual bill · not the amount owed
Equity (est.): $76,102; 50%
Linked Properties: 2

Opening bid

—

Assessed value

$28,436

Land $1,420Improvement $27,016

Market / AVM

$151,000

Property tax 2025

$917

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Rawls, Stephen J
Mailing Address: 417 Colorado Dr, Mexico Beach, FL 32456
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Bathrooms: 1
Air Conditioning Type: Central

Deal analysis

Recorded	Position	Amount	Type	Lender	Term	Maturity
08/12/2020	First	$85,000	Commercial	First Port City Bank	50	01/01/2025

Recorded	Position	Amount	Type	Lender	Term	Maturity	Open
08/12/2020	First	$85,000	Commercial	First Port City Bank	50	01/01/2025	Yes

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
09/24/2019	09/24/2019		Warranty Deed	2020-000648	No	Cash Purchase	Stephen J Rawls	Victoria H Rawls
05/17/2019	05/17/2019	$15,000	Warranty Deed	2019-000425	Yes	Cash Purchase	Stephen J Rawls, Victoria H Rawls	Catherine M Higginbotham
10/01/2018	10/01/2018		Warranty Deed	2018-000886	No

Your maximum bid

$86,208

Walk away above this. Projected profit at the ceiling: $45,300 (30% of ARV).

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$77,587

Under max by $8,621

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for GA|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $151,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $151,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$12,080
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical GA range ($3,000–$7,500, ~6 months).: −$5,250
Deed recording and transferassumed Typical GA recording and deed issuance cost.: −$350
Holding costs (8 months)assumed Taxes, insurance, and securing the property at ~$227/month.: −$1,812
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$45,300
Maximum bid: $86,208

If the owner redeems

Flat penalty

20%

You'd receive

$17,242

Window

365 days

A 20% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

redemption stays open indefinitely until the purchaser forecloses it by statutory notice (barment)

Quoted elsewhere as 20% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 12-month period is a minimum, not an expiry — the redemption right persists until you serve barment notice, so budget for that process.

902 Palm Street

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

902 Palm Street

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Tax Assessment Information

Open Mortgages

Mortgage History

Sale History

County records

Decatur County rules

Historical comps

Verify before you bid