NOT LISTED FOR SALE

1327 Clermont Ave Unit 1327/1329 Atlanta, GA 30344

Colonial Hills Neighborhood

Estimated Value: $281,869 - $406,000

4 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold April 21, 2023

Last sale price $315,000

Est. 11% increase in value since last sale

Current estimated payment $2,211/month

5 Days on Market

Highlights

  • Gated Community
  • No HOA
  • 1-Story Property
  • Property is near public transit
  • Park
  • High-Efficiency Water Heater

About This Home

As of April 2023

BRING YOUR HIGHEST AND BEST OFFER - Attention all investors! Located in East Point, 1327 Clermont Avenue is a rare duplex gem that is perfect for investors. This four-sided brick duplex is in excellent condition with recent renovations, it also has a tenant already in place, making it a hassle-free investment opportunity! The property is turn-key ready, complete with a brand-new roof, so you can rest easy knowing that your investment is secure. 1327 features a 1 bedroom and 1 bathroom, while 1329 offers a spacious 3 bedroom and 1 bathroom. Don't miss out on this incredible opportunity to add a fantastic investment property to your portfolio.

Last Agent to Sell the Property

Jack Meyer

Harry Norman Realtors License #422605 Listed on: 03/21/2023

Harry Norman Realtors

Co-Listed By

Mary Hallenberg

Harry Norman Realtors License #123535

Last Buyer's Agent

Andrene Escoffery

Harry Norman Realtors License #201505

Harry Norman Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Parking

  • 2 Parking Spaces
  • Parking Pad

Location

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

Schools

  • Hamilton Holmes Elementary School
  • Paul D West Middle School
  • Tri Cities High School

Utilities

  • Central Heating
  • Underground Utilities
  • High-Efficiency Water Heater

Listing and Financial Details

  • Legal Lot and Block 22 / J

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Colonial Hills Subdivision

Recreation

  • Park

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,785

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 14
  • Year Built: 1960
  • Co List Office: HNBH09
  • Financing Type: Conventional
  • GreenEnergyEfficient: Water Heater
  • Levels: One
  • Lot Size Acres: .17
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Concrete, Daylight, Exterior Entry, Partial

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Hamilton Holmes
  • High School: Tri Cities
  • High School Bus: No
  • Middle School: Paul D West
  • Middle School Bus: No
  • Elementary School: Hamilton Holmes
  • Middle School: Paul D West
  • High School: Tri Cities

Lot Info

  • Land Lot: 134
  • Lot: 22

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2785

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Apr 21, 2023
Sold by
Stv Properties Llc
Bought by
Shin Weonhee A and Shin Sangmin R
Seller's Agent
Jack Meyer
Harry Norman Realtors
Buyer's Agent
Andrene Escoffery
Harry Norman Realtors
List Price
$295,000
Sold Price
$315,000
Premium/Discount to List
$20,000
6.78%
Views
78
Current Estimated Value
$348,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,467
Avg. Annual Appreciation
1.85%
Original Mortgage
$236,250
Outstanding Balance
$230,956
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$96,743

Purchase Details

Closed on
Feb 4, 2022
Sold by
Atlanta Southside Homes Llc
Bought by
Stv Properties Llc

Purchase Details

Closed on
Dec 22, 2020
Sold by
Dbouk Reema
Bought by
Atlanta Southside Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2020
Sold by
Dbouk Nader
Bought by
Central Atlanta Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2016
Sold by
Ebtg Homes Llc
Bought by
Macabi Holdings Llc

Purchase Details

Closed on
Oct 31, 2014
Sold by
Tcwr Llc
Bought by
Ebtg Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dixon Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,910
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2004
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 10, 2003
Sold by
Major Ernest
Bought by
Major Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2002
Sold by
Burtt Roy
Bought by
Collins John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.21%

Purchase Details

Closed on
Jul 7, 1994
Sold by
Sanders Virgil R
Bought by
Burtt Roy R
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
Shin Weonhee A $315,000 --
Stv Properties Llc $245,000 --
Atlanta Southside Homes Llc -- --
Central Atlanta Properties Llc -- --
Dbouk Reema $190,000 --
Macabi Holdings Llc $50,000 --
Ebtg Homes Llc -- --
Dixon Barbara -- --
Federal Home Loan Mortgage Corporation -- --
Wells Fargo Bank Na $158,161 --
Major Ernest -- --
Major Ernest $160,000 --
Collins John F $82,500 --
Burtt Roy R $44,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Weonhee A $236,250
Previous Owner Dbouk Reema $142,500
Previous Owner Ebtg Homes Llc $30,000
Previous Owner Tcwr Llc $24,000
Previous Owner Dixon Barbara $116,910
Previous Owner Major Ernest $152,000
Previous Owner Collins John F $82,500
Closed Burtt Roy R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $315,000 +6.8% --
03/26/2023 03/26/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $295,000 -- --
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
2023 $3,237 $114,680 $36,480 $78,200
2022 $2,785 $105,840 $15,960 $89,880
2021 $3,181 $76,000 $11,760 $64,240
2020 $937 $20,000 $2,960 $17,040
2019 $381 $20,000 $2,960 $17,040
2018 $565 $25,680 $2,960 $22,720
2017 $496 $20,000 $3,920 $16,080
2016 $643 $22,040 $4,320 $17,720
2015 $913 $18,280 $4,320 $13,960
2014 $554 $18,080 $3,720 $14,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10141458

Georgia MLS

APN: 14-0134-0005-046-8