NOT LISTED FOR SALE

1202 Natchez Trace SW Marietta, GA 30008

Estimated Value: $674,484 - $702,000

8 Beds
8 Baths
3,242 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $675,000 $208 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,998/month

9 Days on Market

Highlights

  • 0.67 Acre Lot
  • Property is near public transit
  • Forced Air Heating and Cooling System
  • Marietta High School Rated A-
  • No HOA
  • Ceiling Fan

About This Home

As of August 2024

Superb quadruplex near Downtown Marietta only 2 miles from the Square. Newer roof, brick and fram exterior, large community of similar quads. Unit C is recently updated and is currently vacant. It is a two story unit with a finished basement. Units A, B, and D have longer term tenants in place. Rents are below market value with significant upside potential. Excellent potential for cash flow and appreciation. Feeds into award-winning Marietta City Schools including Dunleith Elementary, the MCAA, Marietta Middle and Marietta High School, home of the first International Baccalaureate Program in the State of Georgia.

Last Listed By

Johnny Sinclair

Ansley RE|Christie's Int'l RE License #257364 Listed on: 06/17/2024

Ansley RE|Christie's Int'l RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,838

Year Built

  • Built in 1981

Lot Details

  • 0.67 Acre Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Location

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

Schools

  • Dunleith Elementary School
  • Marietta Middle School
  • Marietta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units
  • Natchez Trace Subdivision

Listing and Financial Details

  • The owner pays for garbage, water
  • Legal Lot and Block 2 / A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,838

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 17TH
  • Section: 2ND
  • Year Built: 1981
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .67
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 8

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Dunleith
  • High School: Marietta
  • High School Bus: Yes
  • Middle School: Marietta
  • Middle School Bus: Yes
  • Elementary School: Dunleith
  • Middle School: Marietta
  • High School: Marietta

Lot Info

  • Land Lot: 0067
  • Lot: 2
  • Plat Book: 76
  • Plat Page: 177

Rental Info

  • Owner Pays: Garbage, Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6838

Multi Family

  • NumberOfUnitsTotal: 4

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Aug 22, 2024
Sold by
Happenstance Properties 2 Llc
Bought by
Bernal Fernando Vilchis
Seller's Agent
Johnny Sinclair
Ansley RE|Christie's Int'l RE
Buyer's Agent
Zaidh Cuellar
Virtual Properties Realty .Net
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%
Total Days on Market
9
Views
80
Current Estimated Value
$689,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,871
Avg. Annual Appreciation
3.21%
Original Mortgage
$540,000
Outstanding Balance
$537,712
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$152,159

Purchase Details

Closed on
Jun 19, 2020
Sold by
Anderson Richele Powell
Bought by
Happenstance Properties 2 Llc

Purchase Details

Closed on
Sep 29, 2017
Sold by
Powell Richard Lynn
Bought by
Anderson Richaele Powell

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 Buyer Sale Price Title Company
Bernal Fernando Vilchis $675,000 None Listed On Document
Happenstance Properties 2 Llc -- None Available
Anderson Richaele Powell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernal Fernando Vilchis $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $675,000 -2.9% $208 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $695,000 -- $214 / Sq Ft
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 $1,859 $219,696 $48,000 $171,696
2023 $1,859 $219,696 $48,000 $171,696
2022 $957 $113,172 $24,000 $89,172
2021 $972 $113,172 $24,000 $89,172
2020 $972 $113,172 $24,000 $89,172
2019 $972 $113,172 $24,000 $89,172
2018 $972 $113,172 $24,000 $89,172
2017 $618 $89,680 $16,000 $73,680
2016 $618 $89,680 $16,000 $73,680
2015 $496 $66,128 $6,000 $60,128
2014 $512 $66,128 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Johnny Sinclair

    Seller's Agent in 2024

    Johnny Sinclair

    Ansley RE|Christie's Int'l RE

    (770) 605-4755

    138 in this area

    268 Total Sales

    Johnny Sinclair
    Section Image
  • Zaidh Cuellar

    Buyer's Agent in 2024

    Zaidh Cuellar

    Virtual Properties Realty.NET

    (770) 809-6670

    1 in this area

    38 Total Sales

    Zaidh Cuellar
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10320351

Georgia MLS

APN: 17-0067-0-017-0

Georgia Cobb County Marietta 30008

1202 Natchez Trace SW, Marietta, GA

Homes for Sale in Marietta, GA

This home is located at 1202 Natchez Trace SW, Marietta, GA 30008 since 17 June 2024 and is currently estimated at $689,871, approximately $212 per square foot. This property was built in 1981. 1202 Natchez Trace SW is a home located in Cobb County with nearby schools including Dunleith Elementary School, Marietta Sixth Grade Academy, and Marietta Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.