NOT LISTED FOR SALE

1161 Rappahannock Dr Alpharetta, GA 30009

Estimated Value: $545,000 - $586,000

9 Beds
6 Baths
2,176 Sq Ft
$262/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $105,000 $48 Per Sq Ft

Est. 451% increase in value since last sale

Current estimated payment $3,244/month

3 Days on Market

Highlights

  • Cul-De-Sac
  • Hembree Springs Elementary School Rated A
  • Central Heating

About This Home

As of January 2018

Dont miss this Fabulous Opportunity in Prime Alpharetta location to Own 3-unit Triplex. Serious investors only - longtime tenants in two units, - do not disturb. 3rd unit recently moved out. Currently fixing up for new tenants. New deck April 2017, water heaters and HVAC replaced within last 4 years.

Last Agent to Sell the Property

Todd Taylor

NOT A VALID MEMBER License #350659 Listed on: 11/22/2017

Last Buyer's Agent

Shannon L Williams

Keller Williams Realty Intown ATL License #368768

Keller Williams Realty Intown ATL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1982

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Cedar

Parking

  • 2 Parking Spaces
  • Varies By Unit

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Mimosa Elementary School
  • Haynes Bridge Middle School
  • Roswell High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Old Roswell Corners Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / B
  • Assessor Parcel Number 12 237105910247

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,349

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Property Condition: Resale
  • Year Built: 1982
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Cedar, Frame
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Natural Gas

Condo/Co-op/Association

  • Community Features: Street Lights
  • Subdivision Complex: Old Roswell Corners

Schools

  • Elementary School: Mimosa
  • Middle School: Haynes Bridge
  • High School: Roswell

Lot Info

  • Acres: 0.3300
  • Lot: 12
  • Deed Book: 51264
  • Deed Page: 303
  • Lot Features: Cul-De-Sac
  • Parcel Number: 12 237105910247
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Multi Family

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

Tax Info

  • Taxes: 1349.00
  • Assessor Parcel Number: 12-2371-0591-024-7
  • Close Date: 2018-01-29
  • Tax Year: 2016

MLS Schools

  • Elementary School: Mimosa
  • High School: Roswell
  • Middle School: Haynes Bridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2017
Closed on
Jan 29, 2018
Sold by
Cobear Investment Properti
Bought by
Nicholson Marla
Seller's Agent
Todd Taylor
NOT A VALID MEMBER
Buyer's Agent
Shannon L Williams
Keller Williams Realty Intown ATL
List Price
$330,000
Sold Price
$105,000
Premium/Discount to List
-$225,000
-68.18%
Current Estimated Value
$578,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,585
Avg. Annual Appreciation
24.84%
Original Mortgage
$236,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2012
Sold by
Wang Yilin
Bought by
Cobear Investment Properties L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Page Benjamin R
Bought by
Bolton Craig L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2002
Sold by
Nicholas Charles C
Bought by
Page Benjamin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

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
Nicholson Marla $315,000 --
Cobear Investment Properties L $108,800 --
Bolton Craig L $253,000 --
Page Benjamin R $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Marla E $234,000
Closed Nicholson Marla $236,250
Previous Owner Cobear Investment Properties L $108,800
Previous Owner Bolton Craig L $202,400
Previous Owner Page Benjamin R $180,000
Previous Owner Page Benjamin R $176,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $105,000 -68.2% $48 / Sq Ft
11/25/2017 11/25/17 Pending -- -- --
11/22/2017 11/22/17 For Sale $330,000 0.0% $152 / Sq Ft
04/27/2014 04/27/14 Rented $750 -5.7% --
03/28/2014 03/28/14 Under Contract -- -- --
03/22/2014 03/22/14 For Rent $795 -- --
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 $909 $141,280 $13,960 $127,320
2023 $5,186 $183,720 $13,960 $169,760
2022 $4,134 $157,120 $63,720 $93,400
2021 $4,321 $135,680 $35,240 $100,440
2020 $4,471 $136,520 $41,280 $95,240
2019 $624 $126,000 $31,720 $94,280
2018 $3,666 $129,880 $32,720 $97,160
2017 $1,349 $46,240 $7,640 $38,600
2016 $1,349 $46,240 $7,640 $38,600
2015 $1,607 $46,240 $7,640 $38,600
2014 $1,417 $46,240 $7,640 $38,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5935975

First Multiple Listing Service (FMLS)

APN: 12-2371-0591-024-7