NOT LISTED FOR SALE

112 Evergreen Trail SE Cartersville, GA 30121

Estimated Value: $263,000 - $302,000

4 Beds
2 Baths
-- Sq Ft
0.34 Acres

Last Sold January 04, 2022

Last sale price $230,000

Est. 24% increase in value since last sale

Current estimated payment $1,754/month

8 Days on Market

Highlights

  • Rural View
  • 1-Story Property
  • Central Heating and Cooling System
  • Accessible Entrance
  • Four Sided Brick Exterior Elevation
  • Ceiling Fan

About This Home

As of January 2022

Great investment opportunity in the fast growing city of Carterville close to Lake Allatoona. Well taken care of duplex with four sided full brick, with a new roof done in Nov 2021 this duplex is ready for the next owner/investor. The fridge and ovens in both units have been replaced recently. Currently, unit A is rented on an annual lease at $700 a month until July 2022, and unit B is renting for well below market average at 500/month. Both units are rented well below market ($850), so can ask unit B to pay more to find another renter as they are on month to month. Unit B has been there for over 5 years with no increase, but great tenant. Listed CAP and NOI rates are based off historical numbers, and are very low compared to what the current markets rates.

Last Agent to Sell the Property

Pedram Rahmanpanah

Virtual Properties Realty. Biz License #388193 Listed on: 12/03/2021

Virtual Properties Realty. Biz

Last Buyer's Agent

James Crow

Atlanta Communities License #323988

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1988

Lot Details

  • 0.34

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Rural Views

Parking

  • 4 Parking Spaces
  • Parking Lot

Schools

  • White - Bartow Elementary School
  • Cass Middle School
  • Cass High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • 0.34 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 0070K 0001 007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,286

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1988
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Shingle
  • View: Rural

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Fee Information

  • Annual Expenses: 2000

Schools

  • Elementary School: White - Bartow
  • Middle School: Cass
  • High School: Cass

Lot Info

  • Acres: 0.3430
  • Lot: 48
  • Land/Lot: 48
  • Plat Book: 163
  • Plat Page: 5
  • Parcel Number: 0070K 0001 007
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1286.00
  • Assessor Parcel Number: 0070K-0001-007
  • Close Date: 2022-01-04
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School Bus Route High: Yes
  • Elementary School: White - Bartow
  • High School: Cass
  • Middle School: Cass

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 4, 2022
Sold by
Teems Michael Austin
Bought by
Valdes Paul and Valdes Armando
Seller's Agent
Pedram Rahmanpanah
Virtual Properties Realty. Biz
Buyer's Agent
James Crow
Atlanta Communities
List Price
$229,999
Sold Price
$230,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$284,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,932
Avg. Annual Appreciation
6.04%
Original Mortgage
$172,500
Outstanding Balance
$160,595
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$123,282

Purchase Details

Closed on
Jun 11, 2021
Sold by
Wallace M Teems Testamentary Trust
Bought by
Teems Michael Austin

Purchase Details

Closed on
Jan 19, 2006
Sold by
Teems Michael W
Bought by
Chester Christopher
Source: Public Records

Range of Values:

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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
Valdes Paul $230,000 --
Teems Michael Austin -- --
Chester Christopher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes Paul $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $230,000 0.0% --
12/11/2021 12/11/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $229,999 -- --
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
2024 $2,333 $107,280 $18,000 $89,280
2023 $2,333 $92,010 $18,000 $74,010
2022 $1,645 $80,430 $18,000 $62,430
2021 $1,248 $60,050 $16,000 $44,050
2020 $1,286 $64,050 $20,000 $44,050
2019 $1,331 $47,935 $12,000 $35,935
2018 $1,048 $37,612 $4,000 $33,612
2017 $1,053 $37,612 $4,000 $33,612
2016 $787 $27,880 $4,000 $23,880
2015 $788 $27,880 $4,000 $23,880
2014 $684 $23,440 $4,000 $19,440
2013 -- $27,800 $6,000 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6976581

First Multiple Listing Service (FMLS)

APN: 0070K-0001-007