$560,000
SOLD SEP 24, 2020
6 Beds
3 Baths
3,075 Sq Ft
0.8 Acres

Recently Sold

$182 Per Sq Ft

6% Below List Price

16 Days on Market

Highlights

  • Open-Concept Dining Room
  • 0.8 Acre Lot
  • Property is near public transit
  • City View
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of September 2020

Accepting Backup Offers! Fully stabilized and recently renovated LEGALLY ZONED TRIPLEX with an almost 7% NET CAP RATE! INVESTOR SPECIAL! LOCATED IN AN OPPORTUNITY ZONE! Over $100K+ of value-add renovations! Great cash flowing asset for any investor. Each unit is 2bd/1 full bath and the complex has new appliances, granite counter tops, HVAC system, and water heater. Roofing under 5yrs old! Located in a quiet, established neighborhood very close to the perimeter and convenient to I-285 (less than 1 min away), Highway 78, Emory University, Georgia State Perimeter campus, Decatur, and Stone Mountain areas, and the Dekalb Farmer's Market. Plenty of parking available on the property. Motivated Seller so present all offers. Sold As Is! No Seller Disclosure Forms as investor owned.

Last Agent to Sell the Property

Allen Steigman

America Realty, LLC License #357824 Listed on: 08/10/2020

Last Buyer's Agent

Rita Lamar

Atlanta First Realty Group, LLC. License #361628

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,829

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • Lot Dimensions are 510 x 75
  • No Common Walls
  • Private Entrance
  • Private Yard

Home Design

  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,075 Sq Ft Home
  • 2-Story Property
  • Private Rear Entry
  • Open-Concept Dining Room
  • Vinyl Flooring
  • City Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 5 Parking Spaces
  • Driveway

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Jolly Elementary School
  • Freedom - Dekalb Middle School
  • Clarkston High School

Utilities

  • Central Heating and Cooling System
  • Electric Air Filter
  • 220 Volts
  • 110 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18 097 11 058

Community Details

Overview

  • 3 Units
  • Sw Bacon Subdivision

Amenities

  • Restaurant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,829

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Updated/Remodeled
  • Year Built: 1964
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Vinyl
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement: Finished, Full
  • Kitchen Features: Cabinets White, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 3075.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Lower Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Exterior Features: Balcony, Private Front Entry, Private Rear Entry, Private Yard
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric Air Filter
  • Heating: Central, Electric
  • Laundry Features: In Basement, Laundry Room, Main Level, Upper Floor
  • Utilities: Cable Available, Electricity Available
  • Electric: 110 Volts, 220 Volts

Association/Amenities

  • Number Of Units In Community: 3

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping, Public Transportation, Restaurant
  • Subdivision Complex: SW Bacon

Schools

  • Elementary School: Jolly
  • Middle School: Freedom - Dekalb
  • High School: Clarkston

Lot Info

  • Acres: 0.8000
  • Deed Book: 16782
  • Deed Page: 729
  • Lot Features: Level
  • Lot Dimensions: 510 x 75
  • Parcel Number: 18 097 11 058
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: HVAC
  • Green Energy Generation: None

Tax Info

  • Taxes: 3829.00
  • Assessor Parcel Number: 18-097-11-058
  • Close Date: 2020-09-24
  • Tax Year: 2019

MLS Schools

  • Elementary School: Jolly
  • High School: Clarkston
  • Middle School: Freedom - Dekalb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 24, 2020
Sold by
Abdo Connor
Bought by
Johnson Jacqueline
Seller's Agent
Allen Steigman
America Realty, LLC
Buyer's Agent
Rita Lamar
Atlanta First Realty Group, LLC.
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Current Estimated Value
$608,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,051
Avg. Annual Appreciation
1.71%
Original Mortgage
$547,634
Outstanding Balance
$488,191
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$119,860

Purchase Details

Closed on
Feb 4, 2020
Sold by
Aral Properties Llc
Bought by
Fischer George and Abdo Connor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jun 11, 2019
Sold by
Arlp Reo 400 Llc
Bought by
Aral Properties Llc
Seller's Agent
David Chambers
Rasmus Real Estate Group, Inc.
Buyer's Agent
Paga Kamarhie
Drake Realty of GA, Inc.
List Price
$177,500
Sold Price
$175,000
Premium/Discount to List
-$2,500
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.45%

Purchase Details

Closed on
Aug 18, 2015
Sold by
Ih2 Property Trs 2 Lp
Bought by
Arlp Reo 400 Llc and C/O Altisource Asset Management Corp

Purchase Details

Closed on
Feb 17, 2015
Sold by
Ih2 Property Georgia Lp
Bought by
Ih2 Property Trs 2 Lp

Purchase Details

Closed on
Apr 17, 2013
Sold by
Atlanta Region Sfh I Llc
Bought by
Ih2 Property Georgia Lp

Purchase Details

Closed on
Oct 2, 2012
Sold by
Gantt Miles
Bought by
Atlanta Region Sfh I Llc

Purchase Details

Closed on
Sep 29, 2004
Sold by
Hanebis Musie
Bought by
Gantt Miles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,600
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2003
Sold by
Grant Campbell Lillian R
Bought by
Campbell Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
5.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 8, 1997
Sold by
Adams Marian H
Bought by
Campbell Lillian R and Campbell Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
10.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,000 --
Warranty Deed $375,000 --
Warranty Deed $175,000 --
Limited Warranty Deed $30,989,400 --
Limited Warranty Deed -- --
Limited Warranty Deed $27,002,382 --
Foreclosure Deed $49,000 --
Deed $189,500 --
Deed $177,000 --
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $547,634 FHA
Previous Owner $281,250 New Conventional
Previous Owner $151,600 New Conventional
Previous Owner $159,300 Stand Alone Second
Previous Owner $67,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Rented $1,500 0.0% --
04/03/2024 04/03/24 For Rent $1,500 0.0% --
09/24/2020 09/24/20 Sold $560,000 -5.9% $182 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $595,000 0.0% $193 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $595,000 +240.0% $193 / Sq Ft
06/11/2019 06/11/19 Sold $175,000 -1.4% $88 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $177,500 -- $89 / 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
2023 $6,691 $163,120 $30,000 $133,120
2022 $7,733 $145,440 $19,200 $126,240
2021 $7,847 $147,960 $19,200 $128,760
2020 $3,493 $61,040 $20,000 $41,040
2019 $3,829 $67,440 $20,000 $47,440
2018 $2,955 $68,680 $11,080 $57,600
2017 $3,146 $55,120 $11,080 $44,040
2016 $1,888 $30,520 $10,987 $19,533
2014 $1,368 $30,520 $11,080 $19,440
Source: Public Records

Agents Affiliated with this Home

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Source: First Multiple Listing Service (FMLS)

MLS Number: 6764752

First Multiple Listing Service (FMLS)

APN: 18-097-11-058