NOT LISTED FOR SALE

1029 Hillcrest Dr SE Atlanta, GA 30316

Southwest DeKalb Neighborhood

Estimated Value: $186,000 - $254,090

4 Beds
2 Baths
1,369 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $151,500 $111 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,559/month

About This Home

As of September 2020

Great property in growing area for fix and flip or rental investment. Currently tenant occupied and generating a solid 13.6% cap. Rents total $2,550/month ($30,600 annually). This duplex is spacious with 5 bedrooms 3 full baths in the large upper apartment and 2 bedroom 1 full bath in the lower level apartment. The house is fully occupied with excellent reliable long term tenants. Showings by appointment only. Please do not approach property or disturb tenants without an appointment.

Last Agent to Sell the Property

Amir Ahmadi

True Realty, LLC. License #356195 Listed on: 07/27/2020

Last Buyer's Agent

Anthony Fontana

Cornerstone Real Estate Partners, LLC License #395599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 1938

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 170 x 100

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Barack H. Obama Elementary School
  • Mcnair - Dekalb Middle School
  • Mcnair High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units
  • Starlight Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15 081 02 008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,720

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1938
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Starlight Heights

Fee Information

  • Annual Expenses: 9600

Schools

  • Elementary School: Barack H. Obama
  • Middle School: McNair - Dekalb
  • High School: McNair

Lot Info

  • Acres: 0.4000
  • Lot Dimensions: 170 x 100
  • Parcel Number: 15 081 02 008
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 2720.00
  • Assessor Parcel Number: 15-081-02-008
  • Close Date: 2020-09-23
  • Tax Year: 2019

MLS Schools

  • Elementary School: Barack H. Obama
  • High School: McNair
  • Middle School: McNair - Dekalb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 23, 2020
Sold by
Agmoiord Llc
Bought by
Mccord Michael Jason
Seller's Agent
Amir Ahmadi
True Realty, LLC.
Buyer's Agent
Anthony Fontana
Cornerstone Real Estate Partners, LLC
List Price
$150,000
Sold Price
$151,500
Premium/Discount to List
$1,500
1%
Current Estimated Value
$225,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,773
Avg. Annual Appreciation
8.11%
Original Mortgage
$121,200
Outstanding Balance
$107,557
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$117,716

Purchase Details

Listed on
Sep 26, 2012
Closed on
Dec 7, 2012
Sold by
Federal National Mortgage Association
Bought by
Agmoiord Llc
Seller's Agent
Stephen Copeland
Dream Legend Homes, LLC
Buyer's Agent
Jeff Yeomans
Ansley Real Estate | Christie's International Real Estate
List Price
$34,900
Sold Price
$29,000
Premium/Discount to List
-$5,900
-16.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jun 29, 2007
Sold by
Accredited Home Lenders Inc
Bought by
Escandon Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,800
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2006
Sold by
Wallace Alberto
Bought by
Accredited Hm Lenders

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,888
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mccord Michael Jason $151,500 --
Agmoiord Llc -- --
Federal National Mtg Associati $60,965 --
Green Tree Servicing Llc $60,965 --
Escandon Ismael $73,500 --
Accredited Hm Lenders $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccord Michael Jason $121,200
Previous Owner Escandon Ismael $69,800
Previous Owner Accredited Hm Lenders $75,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2020 09/23/20 Sold $151,500 +1.0% $111 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $150,000 +417.2% $110 / Sq Ft
12/07/2012 12/07/12 Sold $29,000 -16.9% $21 / Sq Ft View Prior Sale
11/07/2012 11/07/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $34,900 -- $25 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,524 $92,880 $26,240 $66,640
2024 $4,773 $98,640 $26,240 $72,400
2023 $4,773 $98,440 $26,240 $72,200
2022 $4,507 $94,640 $26,240 $68,400
2021 $2,702 $53,520 $6,000 $47,520
2020 $2,653 $52,400 $6,000 $46,400
2019 $2,720 $53,920 $6,000 $47,920
2018 $2,123 $43,320 $6,000 $37,320
2017 $1,852 $34,000 $1,680 $32,320
2016 $1,855 $34,000 $1,680 $32,320
2014 $2,012 $36,640 $1,680 $34,960
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amir Ahmadi

    True Realty, LLC.

    (678) 554-7036

    8 Total Sales

    Amir Ahmadi
    Section Image
  • Anthony Fontana

    Buyer's Agent in 2020

    Anthony Fontana

    Cornerstone Real Estate Partners, LLC

    (757) 646-6860

    14 in this area

    194 Total Sales

    Anthony Fontana
    Section Image

  • S

    Seller's Agent in 2012

    Stephen Copeland

    Dream Legend Homes, LLC

  • Jeff Yeomans

    Buyer's Agent in 2012

    Jeff Yeomans

    Ansley Real Estate | Christie's International Real Estate

    (706) 540-8869

    1 Total Sale

    Jeff Yeomans
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6758262

First Multiple Listing Service (FMLS)

APN: 15-081-02-008

Georgia DeKalb County Atlanta 30316 Southwest DeKalb

1029 Hillcrest Dr SE, Atlanta, GA

This home is located at 1029 Hillcrest Dr SE, Atlanta, GA 30316 since 27 July 2020 and is currently estimated at $225,273, approximately $164 per square foot. This property was built in 1938. 1029 Hillcrest Dr SE is a home located in DeKalb County with nearby schools including Barack H. Obama Elementary Magnet School of Technology, McNair Middle School, and McNair High School.

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