NOT LISTED FOR SALE

1138 Gerald Place SW Mableton, GA 30126

Estimated Value: $315,000 - $562,000

6 Beds
3 Baths
2,632 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $312,000 $119 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,900/month

10 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Ceramic Tile Flooring
  • Deck
  • Cul-De-Sac
  • Four Sided Brick Exterior Elevation

About This Home

As of November 2023

FANTASTIC INVESTMENT OPPORTUNITY in convenient Mableton location. Currently configured for three separate 2 bedroom/1 bathroom apartments . . . all three units were occupied and income-producing until June 2023 . . . new roof . . . just add your updates and start earning mailbox money!

Last Listed By

Glen Sloan

Sloan & Company Real Estate, LLC License #350436 Listed on: 10/22/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,198

Year Built

  • Built in 1963

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 87 x 107
  • Cul-De-Sac
  • Back Yard

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • City Views
  • Finished Basement
  • Garage Access

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Pad

Outdoor Features

  • Deck

Schools

  • Mableton Elementary School
  • Floyd Middle School
  • South Cobb High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Hallwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19129400360

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,198

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: HALLWOOD LOT 11
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1963
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Basement: Driveway Access, Finished
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Basement
  • Square Footage: 2632.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 6
  • Lower Bedrooms: 2
  • Main Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • View: City
  • Foundation: Combination

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Hallwood

Schools

  • Elementary School: Mableton
  • Middle School: Floyd
  • High School: South Cobb

Lot Info

  • Acres: 0.4400
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Dimensions: 87 x 107
  • Parcel Number: 19129400360
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3198.00
  • Assessor Parcel Number: 19-1294-0-036-0
  • Close Date: 2023-11-14
  • Tax Year: 2022

MLS Schools

  • Elementary School: Mableton
  • High School: South Cobb
  • Middle School: Floyd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Kador Group Llc
Bought by
Brathwaite Dyreek
Total Days on Market
10
Current Estimated Value
$472,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,076
Outstanding Balance
$557,732
Interest Rate
6.88%
Estimated Equity
-$87,065

Purchase Details

Listed on
Oct 22, 2023
Closed on
Nov 14, 2023
Sold by
Mcclannahan Anna Laura Boggs
Bought by
Kador Group Llc
Seller's Agent
Glen Sloan
Sloan & Company Real Estate, LLC
Buyer's Agent
Tatyana Crumley
Realco Brokers, Inc.
List Price
$350,000
Sold Price
$312,000
Premium/Discount to List
-$38,000
-10.86%
Views
228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.60%
Original Mortgage
$592,276
Interest Rate
7.49%
Mortgage Type
VA

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
Brathwaite Dyreek $549,000 None Listed On Document
Kador Group Llc $312,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brathwaite Dyreek $562,076
Closed Brathwaite Dyreek $562,076
Previous Owner Mccoy Chad Adam $592,276
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $312,000 -10.9% $119 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/22/2023 10/22/23 For Sale $350,000 -- $133 / 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
2024 $3,094 $102,636 $20,000 $82,636
2023 $3,094 $102,636 $20,000 $82,636
2022 $3,198 $105,372 $12,000 $93,372
2021 $2,243 $73,896 $12,000 $61,896
2020 $2,017 $66,468 $12,000 $54,468
2019 $1,384 $45,600 $8,000 $37,600
2018 $1,384 $45,600 $8,000 $37,600
2017 $1,711 $59,516 $8,000 $51,516
2016 $691 $24,052 $4,000 $20,052
2015 $709 $24,052 $4,000 $20,052
2014 $715 $24,052 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Glen Sloan

    Seller's Agent in 2023

    Glen Sloan

    Sloan & Company Real Estate, LLC

    (678) 234-8305

    1 in this area

    81 Total Sales

    Glen Sloan
    Section Image
  • Tatyana Crumley

    Buyer's Agent in 2023

    Tatyana Crumley

    Realco Brokers, Inc.

    (678) 468-7761

    4 in this area

    154 Total Sales

    Tatyana Crumley
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7293341

First Multiple Listing Service (FMLS)

APN: 19-1294-0-036-0

Georgia Cobb County Mableton 30126

1138 Gerald Place SW, Mableton, GA

Homes for Sale in Mableton, GA

This home is located at 1138 Gerald Place SW, Mableton, GA 30126 since 22 October 2023 and is currently estimated at $472,000, approximately $179 per square foot. This property was built in 1963. 1138 Gerald Place SW is a home located in Cobb County with nearby schools including Mableton Elementary School, Garrett Middle School, and Amana Academy West Atlanta.

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