NOT LISTED FOR SALE

118 Evergreen Trail Cartersville, GA 30121

Estimated Value: $244,000 - $795,000

3 Beds
2 Baths
-- Sq Ft
0.34 Acres

Last Sold December 12, 2023

Last sale price $750,000

Est. 13% decrease in value since last sale

Current estimated payment $4,046/month

1 Day on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of December 2023

Call all investors! Come see this one of a kind property to add to your portfolio. This quad, built in 2018, will give you very low maintenance for years to come! Each unit has 3 bedrooms and 3 bathrooms, with laundry hookups on the 2nd floor. Current rents are well under market and still offer a best-on-the-market 7.5% cap rate! All leases are set to expire end of Nov, which allows for maximum flexibility in how you plan to manage the property.

Last Agent to Sell the Property

ligia batista

Maximum One Grt. Atl. REALTORS License #371730 Listed on: 11/09/2023

Maximum One Grt. Atl. REALTORS

Last Buyer's Agent

ligia batista

Maximum One Grt. Atl. REALTORS License #371730 Listed on: 11/09/2023

Maximum One Grt. Atl. REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,119

Year Built

  • Built in 2018

Lot Details

  • 0.34

Home Design

  • Quadruplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Assigned Parking

Schools

  • Cartersville Primary/Elementar Elementary School
  • Cartersville Middle School
  • Cartersville High School

Additional Features

  • 0.34 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 54

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Grassdale Subdivision

Building Details

  • Maintenance Expense $1,000
  • Operating Expense $9,000
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,119

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 5
  • Year Built: 2018
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .34
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Price Per Square Foot: 2205882

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Electric, Central, Hot Water
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cartersville Primary/Elementar
  • High School: Cartersville
  • Middle School: Cartersville
  • Elementary School: Cartersville Primary/Elementar
  • Middle School: Cartersville
  • High School: Cartersville

Lot Info

  • Land Lot: 163
  • Lot: 54

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5119

Multi Family

  • GrossIncome: 62400
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 4
  • OperatingExpense: 9000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 12, 2023
Sold by
Rb Estates Llc
Bought by
Gainesville Heights Llc
Seller's Agent
ligia batista
Maximum One Grt. Atl. REALTORS
Buyer's Agent
ligia batista
Maximum One Grt. Atl. REALTORS
List Price
$785,000
Sold Price
$750,000
Premium/Discount to List
-$35,000
-4.46%
Views
27
Current Estimated Value
$653,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,552
Avg. Annual Appreciation
-7.89%

Purchase Details

Closed on
Nov 15, 2019
Sold by
Rb Estates Llc
Bought by
Ragas Efstratios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 26, 2018
Sold by
Teems Freddy
Bought by
Rb Estates Llc
Seller's Agent
Derick Mauldin
Asher Realty, Inc
Buyer's Agent
ligia batista
Maximum One Greater Atlanta Realtors
List Price
$34,900
Sold Price
$25,000
Premium/Discount to List
-$9,900
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.99%

Purchase Details

Closed on
Sep 25, 2017
Sold by
Willis Bonnie P
Bought by
Teems Freddy
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
Gainesville Heights Llc $750,000 --
Ragas Efstratios -- --
Rb Estates Llc $25,000 --
Teems Freddy $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ragas Efstratios $271,500
Previous Owner Rb Estates Llc $262,555
Previous Owner Willis Bonnie P $42,891
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $750,000 -4.5% --
11/10/2023 11/10/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $785,000 +3040.0% --
09/26/2018 09/26/18 Sold $25,000 -28.4% --
09/12/2018 09/12/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $34,900 -- --
Source: Georgia MLS

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 $5,249 $330,424 $18,000 $312,424
2023 $5,249 $245,225 $18,000 $227,225
2022 $5,119 $245,225 $18,000 $227,225
2021 $3,822 $171,628 $16,000 $155,628
2020 $3,936 $175,628 $20,000 $155,628
2019 $278 $10,000 $10,000 $0
2018 $167 $7,200 $7,200 $0
2017 $202 $7,200 $7,200 $0
2016 $758 $26,880 $7,200 $19,680
2015 $692 $24,480 $4,800 $19,680
2014 $523 $17,920 $4,000 $13,920
2013 -- $16,840 $6,000 $10,840
Source: Public Records

Agents Affiliated with this Home

  • ligia batista

    Seller's Agent in 2023

    ligia batista

    Maximum One Grt. Atl. REALTORS

    (954) 205-8065

    9 in this area

    28 Total Sales

    Section Image
  • Derick Mauldin

    Seller's Agent in 2018

    Derick Mauldin

    Asher Realty, Inc

    (770) 655-0114

    86 in this area

    387 Total Sales

    Section Image
  • Cindy Walker

    Seller Co-Listing Agent in 2018

    Cindy Walker

    Asher Realty, Inc

    (770) 547-4058

    19 in this area

    96 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10223948

Georgia MLS

APN: 0070K-0001-010

Georgia Bartow County Cartersville 30121

118 Evergreen Trail, Cartersville, GA

This home is located at 118 Evergreen Trail, Cartersville, GA 30121 since 09 November 2023 and is currently estimated at $625,793. This property was built in 2018. 118 Evergreen Trail is a home located in Bartow County with nearby schools including White Elementary School, Cass Middle School, and Cass High School.

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