$175,000
SOLD JUN 11, 2019

1151 Jolly Ave Clarkston, GA 30021

-- Bed
-- Bath
2,000 Sq Ft
0.8 Acres

Recently Sold

$88 Per Sq Ft

1% Below List Price

17 Days on Market

Highlights

  • 0.8 Acre Lot
  • Four Sided Brick Exterior Elevation
  • Central Heating and Cooling System

About This Home

As of September 2020

This Triplex is just waiting to be restored so that it can bring in the money! It is located right off the 285 perimeter, which gives access to Atlanta from every angle. Many of Atlanta's top medical facilities including Emory, Grady, Piedmont, Northside, St Joseph's and CHOA are all within five miles of the property. This would make a great home for students at nearby universities.

Last Agent to Sell the Property

David Chambers

Rasmus Real Estate Group, Inc. License #373704 Listed on: 04/26/2019

Last Buyer's Agent

Paga Kamarhie

Drake Realty of GA, Inc. License #382020

Drake Realty of GA, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1964

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 510 x 75
  • Sloped Lot

Parking

  • Paved Parking

Home Design

  • Triplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Schools

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

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • S W Bacon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 097 11 058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,146

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Property Condition: Resale
  • Year Built: 1964
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: S W 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: Sloped
  • Lot Dimensions: 510 x 75
  • Parcel Number: 18 097 11 058
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Tax Info

  • Taxes: 3146.00
  • Assessor Parcel Number: 18-097-11-058
  • Close Date: 2019-06-11
  • Tax Year: 2017

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

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 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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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6542022

First Multiple Listing Service (FMLS)

APN: 18-097-11-058