NOT LISTED FOR SALE

1015 Terramont Dr Roswell, GA 30076

Estimated Value: $457,000 - $532,604

5 Beds
4 Baths
500 Sq Ft
$997/Sq Ft Est. Value

Last Sold December 09, 2024

Last sale price $485,000 $970 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,026/month

2 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Garage
  • Hillside Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of December 2024

Discover a rare investment gem in Roswell with this income-generating, turnkey property ideally located just off Holcomb Bridge and a mile from I-400. This versatile, tenant-occupied property features three separate rental units: a spacious 3-bedroom, 2-bath main home, plus two studio apartments in the basement, each with 1 bedroom, 1 bathroom, a kitchenette, and a cozy living area. Set on a lush lot, the property offers a beautifully private front and backyard perfect for outdoor recreation and ample parking. With a solid monthly gross income and tenants eager to stay, this well-maintained, HOA-free property provides a steady income stream and an easy transition for any new owner. Plus, our preferred lender offers a $1,000 closing cost credit to sweeten the deal. This is an as-is sale - reach out now to secure this Roswell investment opportunity!

Last Agent to Sell the Property

Andreina Perez

Virtual Properties Realty.com License #388078 Listed on: 11/11/2024

Virtual Properties Realty.com

Last Buyer's Agent

Andreina Perez

Virtual Properties Realty.com License #388078 Listed on: 11/11/2024

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,268

Year Built

  • Built in 1979

Lot Details

  • 0.41

Parking

  • Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Press Board Siding

Interior Spaces

  • Multi-Level Property
  • 1 Fireplace

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Schools

  • Hillside Elementary School
  • Holcomb Bridge Middle School
  • Centennial High School

Additional Features

  • 0.41 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for electricity, garbage, gas, sewer, water
  • Legal Lot and Block 21 / A

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Terramont Subdivision

Building Details

  • Gross Income $4,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,268

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Section: 2
  • Year Built: 1979
  • Financing Type: Conventional
  • Levels: Multi/Split
  • Lot Size Acres: .41
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full

Exterior Features

  • Construction Materials: Brick, Press Board
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Billing Prorated, Gas Billing Prorated, Sewer Connected, Water Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hillside
  • High School: Centennial
  • Middle School: Holcomb Bridge

Lot Info

  • Land Lot: 662
  • Lot: 21

Rental Info

  • Owner Pays: Electricity, Garbage, Gas, Sewer, Water

Multi Family

  • Total Fireplaces: 1
  • GrossIncome: 4525
  • NumberOfUnitsTotal: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Dec 9, 2024
Sold by
Nguyen Van
Bought by
K & K Financials & Services Llc
Seller's Agent
Andreina Perez
Virtual Properties Realty.com
Buyer's Agent
Andreina Perez
Virtual Properties Realty.com
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Views
38
Current Estimated Value
$498,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,401
Avg. Annual Appreciation
2.44%
Original Mortgage
$363,750
Outstanding Balance
$359,570
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$138,831

Purchase Details

Closed on
Jan 3, 2022
Sold by
Hitchcock Norma H
Bought by
Da Silva Rossana Filomena Novaes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2006
Sold by
Ly Saphien P
Bought by
Hitchcock Norma H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1994
Sold by
Mills Gerald D
Bought by
Ly Saphien P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
5.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
K & K Financials & Services Llc -- --
Da Silva Rossana Filomena Novaes $420,000 --
Hitchcock Norma H $172,000 --
Ly Saphien P $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & K Financials & Services Llc $363,750
Previous Owner Da Silva Rossana Filomena Novaes $294,000
Previous Owner Hitchcock Norma H $154,800
Previous Owner Ly Saphien P $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Sold $485,000 +2.1% $970 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $475,000 -- $950 / Sq Ft
Source: Georgia MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,235 $200,440 $37,480 $162,960
2023 $4,600 $162,960 $37,480 $125,480
2022 $2,410 $120,440 $27,880 $92,560
2021 $2,870 $111,720 $21,480 $90,240
2020 $2,905 $100,480 $22,200 $78,280
2019 $489 $98,720 $21,800 $76,920
2018 $2,374 $84,120 $17,360 $66,760
2017 $1,730 $59,280 $15,000 $44,280
2016 $1,730 $59,280 $15,000 $44,280
2015 $2,060 $59,280 $15,000 $44,280
2014 $1,426 $46,520 $18,560 $27,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10411481

Georgia MLS

APN: 12-2532-0662-002-3