$75,000
UNDER CONTRACT

1305 Camelot Dr Atlanta, GA 30349

Estimated payment $699/month

Total Views 21,430
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near public transit
  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

This spacious 3-bedroom, 2-bathroom condo, located in the Camelot Club community, is a fantastic investment opportunity. Spanning 1,449 square feet and built in 1970, the unit is currently tenant-occupied with a lease in place until June 2025. The tenant is paying $1,000 per month and has expressed interest in remaining, providing immediate and reliable rental income. With similar units in the area renting for approximately $1,500 per month, this property offers significant potential for increased cash flow. The condo features a large living room with a cozy fireplace, a well-appointed primary suite with a sitting area, and a private porch for relaxation. Conveniently located just minutes from Hartsfield-Jackson Atlanta International Airport, the property offers excellent accessibility to shopping centers, major interstates, and public transportation, making it an attractive option for tenants. The surrounding area is rich with amenities and attractions, including the Georgia International Convention Center, Wolf Creek Amphitheater, Historic College Park Golf Course, and the Phoenix Trail, providing a variety of leisure and recreation options. This property is a turnkey rental opportunity, perfect for investors looking to expand their portfolio with an established tenant and the potential for future income growth. Don't miss out on this incredible opportunity at 1305 Camelot Dr!

Listing Agent

Tracy Wiggins

eXp Realty License #388865 Listed on: 01/14/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $649

Year Built

  • Built in 1970

HOA Fees

  • $249 Monthly HOA Fees

Home Design

  • Wood Siding

Schools

  • Heritage Elementary School
  • Mcnair Middle School
  • Banneker High School

Additional Features

  • 1-Story Property
  • 1,307 Sq Ft Lot
  • Property is near public transit
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance, trash
  • Camelot Club Condominiums Subdivision

Building Details

  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$649

Year Built

Built in 1970

Lot Details

0

HOA Fees

$249 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Levels: One
  • Lot Size Acres: .03
  • Structure Type: Other
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2988
  • Association: Yes
  • Community Features: Walk To Public Transit

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Trash

Schools

  • Elementary School: Heritage
  • High School: Banneker
  • Middle School: Mcnair

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 649.47

Multi Family

  • GrossIncome: 12000
  • NumberOfUnitsTotal: 1

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $214 $15,880 $2,920 $12,960
2023 $530 $18,760 $2,680 $16,080
2022 $198 $13,320 $2,920 $10,400
2021 $196 $12,960 $2,840 $10,120
2020 $534 $13,120 $1,560 $11,560
2019 $438 $11,080 $1,400 $9,680
2018 $430 $10,800 $1,360 $9,440
2017 $279 $6,840 $840 $6,000
2016 $279 $6,840 $840 $6,000
2015 $158 $10,400 $1,320 $9,080
2014 $159 $10,400 $1,320 $9,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2025 01/14/25 For Sale $75,000 +264.1% --
05/04/2016 05/04/16 Sold $20,600 0.0% $14 / Sq Ft View Prior Sale
03/02/2016 03/02/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $20,600 -- $14 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $222,000 --
Warranty Deed $20,600 --
Warranty Deed $17,100 --
Foreclosure Deed -- --
Source: Public Records

Source: Georgia MLS

MLS Number: 10440153

Georgia MLS

APN: 13-0093-0002-275-7