NOT LISTED FOR SALE

Estimated Value: $421,998 - $502,000

8 Beds
6 Baths
2,842 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $82,000 $29 Per Sq Ft

Est. 450% increase in value since last sale

Current estimated payment $2,824/month

Highlights

  • Colonial Architecture
  • Front Porch
  • Ceiling Fan
  • Property is walking distance to MARTA
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2017

Great cash flow investment deal! Perfect for the landlord looking for a high cap return (~20% net cap) in an area that is appreciating quickly. 4 beds and 3 baths in each unit. One unit has been vandalized. Other unit boarded up and in much better shape. Property is vacant--cars parked in driveway are the neighbors. Sold AS-IS. Cash offers preferred. No blind offers. Seller prefers to use his atty. Listing agent is affiliated with seller.

Last Agent to Sell the Property

Jacob Naviaux

Skystone Acquisitions License #365302 Listed on: 06/12/2017

Last Buyer's Agent

Maricela Chavez

HomeSmart License #212488

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,842 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry on upper level

Bedrooms and Bathrooms

Location

  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • William M.Boyd Elementary School
  • Parks Middle School
  • Frederick Douglass High School

Additional Features

  • Energy-Efficient Thermostat
  • Front Porch
  • Forced Air Heating and Cooling System

Community Details

  • Grove Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17 022600020505

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,574

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Condition: Resale
  • Year Built: 2003
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Basement: Crawl Space
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 2842.00

Beds/Baths

  • Total Bedrooms: 8
  • Main Bedrooms: 2
  • Total Full Baths: 6
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Aluminum Siding
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: Upper Floor

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping, Sidewalks, Street Lights
  • Subdivision Complex: Grove Park

Lot Info

  • Acres: 0.2500
  • Lot Features: Level
  • Lot Dimensions: 10890
  • Parcel Number: 17 022600020505
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 1574.00
  • Tax Year: 2016

MLS Schools

  • Elementary School: William M.Boyd
  • High School: Frederick Douglass
  • Middle School: Parks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Spickerman Maricela Chavez
Bought by
Belle Mar Properties Llc
Current Estimated Value
$451,250

Purchase Details

Closed on
Dec 8, 2017
Sold by
643 Ozburn Rd Llc
Bought by
Spickerman Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
3.94%

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 18, 2017
Sold by
643 Ozburn Rd Llc
Bought by
Chavez Maricela
Seller's Agent
Jacob Naviaux
Skystone Acquisitions
Buyer's Agent
Maricela Chavez
HomeSmart
List Price
$79,900
Sold Price
$82,000
Premium/Discount to List
$2,100
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.05%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Deed Co Llc
Bought by
Canaan Lands Llc

Purchase Details

Closed on
Dec 2, 2014
Sold by
Canaan Lands Llc
Bought by
Deed Co Llc

Purchase Details

Closed on
Jul 11, 2008
Sold by
Joihah Invs & Prop Mgmt Inc
Bought by
Nix Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2007
Sold by
Us Bank Na
Bought by
Joihah Invs & Prop Mgmt Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
6.37%

Purchase Details

Closed on
Feb 7, 2006
Sold by
Nelson Troy L
Bought by
Us Bank Na Nd
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
Belle Mar Properties Llc -- --
Belle Mar Properties Llc -- --
Spickerman Maricela $82,000 --
Chavez Maricela $82,000 --
Canaan Lands Llc $10,000 --
Deed Co Llc $10,000 --
Nix Mark A $360,000 --
Joihah Invs & Prop Mgmt Inc $121,500 --
Us Bank Na Nd $301,671 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spickerman Maricela $103,600
Previous Owner Spickerman Maricela --
Previous Owner Nix Mark A $324,000
Previous Owner Joihah Invs & Prop Mgmt Inc $113,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $82,000 +2.6% $29 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $79,900 -- $28 / 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 $5,397 $185,120 $39,000 $146,120
2023 $5,728 $138,360 $56,120 $82,240
2022 $5,599 $138,360 $56,120 $82,240
2021 $4,851 $140,880 $60,160 $80,720
2020 $5,213 $127,240 $30,120 $97,120
2019 $948 $60,280 $19,120 $41,160
2018 $1,336 $32,280 $4,880 $27,400
2017 $1,570 $36,360 $4,440 $31,920
2016 $1,574 $36,360 $4,440 $31,920
2015 $1,130 $3,970 $490 $3,480
2014 $1,340 $29,560 $8,560 $21,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5863025

First Multiple Listing Service (FMLS)

APN: 17-0226-0002-050-5