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Feature Home - 4512 Caliburn Way

$117,000 Price Reduction!!

Photo of 4512 Caliburn Way, Grovetown, GA, 30813.

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Address: 4512 Caliburn Way	City/ST: Grovetown, GA	Zip Code: 30813
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 1362
Bedrooms: 3	Bathrooms: 2	MLS# 312050

Great location, good yard , cute home with neutral colors and all appliances remain, move in ready. Perfect home for 1st time homebuyers!

Last Updated: 9/6/2010 10:08:06 AM

Listing Agent and Office: Dianna Walker , Keller Williams Realty Augusta Partners

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Tax Considerations >Taxpayer Relief

Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate. The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.

Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.

Consult your tax advisor for advice regarding your particular circumstance.

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Q	What is the average price for a home in the United States?
A	According to recent data published by the NAR, the national median price for existing single-family homes is now $230,000.
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Ricky Nolin, REALTOR�, real estate agent and broker for Augusta, Fort Gordon and Evans, Georgia home listings, property and land for sale - NUMBER1EXPERT

Ricky Nolin
Keller Williams Realty Augusta Partners
3633 Wheeler Rd Suite 125
Augusta, GA 30909
706-868-3772
Fax: 706-868-3782
rickynolin@RickyNolin.com
Ricky is your leading source for all of your greater Columbia and Richmond Counties real estate needs.

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