NOT LISTED FOR SALE

1035 Chestnut Oak Ct NE Conyers, GA 30012

Estimated Value: $234,000 - $262,000

4 Beds
2 Baths
2,052 Sq Ft
$123/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $255,000 $124 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,743/month

4 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of September 2024

Fantastic all-brick duplex investment opportunity with long-term tenants in place. With each unit offering 2 bedrooms and 1 bathroom, this property promises excellent rental potential. Whether you're a first-time or savvy investor, this duplex is poised to generate outstanding returns. Total rents are $2,065Cocash flow even with today's investor rates. Don't miss out on this turnkey investment opportunity in one of Atlanta's most investor-friendly locations, nearby to parks, schools, and Conyers retail. Professionally managed. Separately metered for all utilities. Ask the agent for leases, rent rolls, work order history, and more marketing materials.

Last Agent to Sell the Property

Benjamin Benomar

Motto License #392694 Listed on: 08/22/2024

Last Buyer's Agent

Benjamin Benomar

Motto License #392694 Listed on: 08/22/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,829

Year Built

  • Built in 1982

Lot Details

  • 0.52

Home Design

  • Duplex
  • Brick Exterior Construction

Parking

  • 4 Parking Spaces
  • Carport
  • Parking Pad

Schools

  • Barksdale Elementary School
  • Conyers Middle School
  • Heritage High School

Additional Features

  • 1-Story Property
  • 0.52 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for garbage

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $24,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,829

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1982
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .52
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Carport, Parking Pad
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Barksdale
  • High School: Heritage
  • Middle School: Conyers
  • Elementary School: Barksdale
  • Middle School: Conyers
  • High School: Heritage

Lot Info

  • Deed Book: 6619
  • Deed Page: 77

Rental Info

  • Owner Pays: Garbage

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4829

Multi Family

  • GrossIncome: 24780
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Sep 17, 2024
Sold by
Martz Jeremy A
Bought by
Patel Damyantiben M
Seller's Agent
Benjamin Benomar
Motto
Buyer's Agent
Benjamin Benomar
Motto
List Price
$255,000
Sold Price
$255,000
Views
38
Current Estimated Value
$252,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,431
Avg. Annual Appreciation
-0.93%

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 10, 2020
Sold by
Mckamie Rhonda
Bought by
Martz Jeremy A
Seller's Agent
Marc Brenner
EXP Realty, LLC.
Buyer's Agent
Benjamin Benomar
Motto
List Price
$145,000
Sold Price
$146,000
Premium/Discount to List
$1,000
0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$109,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2018
Sold by
Hollis Lonna S
Bought by
Mckamie Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2006
Sold by
Irwin David B
Bought by
Hollis Lonna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2001
Sold by
Hammonds W O
Bought by
Irwin David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.14%
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
Patel Damyantiben M $255,000 --
Martz Jeremy A $146,000 --
Mckamie Rhonda $130,000 --
Hollis Lonna S $125,000 --
Irwin David B $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martz Jeremy A $109,500
Previous Owner Mckamie Rhonda $97,500
Previous Owner Hollis Lonna S $125,000
Previous Owner Irwin David B $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $255,000 0.0% $124 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $255,000 +74.7% $124 / Sq Ft
02/10/2020 02/10/20 Sold $146,000 +0.7% $71 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $145,000 -- $71 / Sq Ft
Source: Georgia MLS

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
2024 $4,843 $81,040 $16,640 $64,400
2023 $4,789 $78,200 $18,120 $60,080
2022 $3,278 $47,960 $8,320 $39,640
2021 $3,277 $47,960 $8,320 $39,640
2020 $2,224 $27,080 $3,480 $23,600
2019 $2,291 $27,080 $3,480 $23,600
2018 $1,189 $26,360 $3,480 $22,880
2017 $1,975 $23,640 $3,480 $20,160
2016 $1,985 $23,640 $3,480 $20,160
2015 $1,077 $23,640 $3,480 $20,160
2014 $1,088 $23,640 $3,480 $20,160
2013 -- $35,240 $7,360 $27,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10363609

Georgia MLS

APN: C25-0-01-0069