NOT LISTED FOR SALE

1366 Clermont Ave Atlanta, GA 30344

Colonial Hills Neighborhood

Estimated Value: $267,000 - $393,000

2 Beds
1 Bath
1,410 Sq Ft
$248/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2024

Last sale price $442,675 $314 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,178 / mo

55 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Level Lot
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Turnkey Investment Opportunity in East Point, GA. Welcome to a remarkable investment opportunity in the sought-after community of East Point, Georgia. This transaction includes two properties: 1366 and 1370 Clermont Ave. Property Overview: * 1366 Clermont Ave.: Two units, one with 3 bedrooms and 1 bathroom unit and one with 2 bedroom and one bath unit. Plus stand alone one bedroom and one bath unit* 1370 Clermont Ave.: Two units, each with 2 bedrooms and 1 bathroom, sharing a private parking lot and on-site laundry with 1366 Clermont Ave.
Highlights:
* Investment Potential: A diverse mix of units, from single-family homes to duplexes and detached structures, provides multiple rental income streams.
* Amenities: Shared parking lot, on-site laundry facilities, and private entrances for each unit.
* Location: * Colonial Hills Community: Enjoy the charm and community spirit of Colonial Hills, with easy access to amenities and transportation. * Conveniently situated close to major Atlanta highways, Marta Station, Atlanta Downtown, Hartsfield-Jackson Atlanta International Airport, Delta headquarters, Porsche North America and in walking distance to Tyler Perry Studios. * Major sport venue and City Parks in minutes away: Mercedes Benz Stadium, State Farm Arena, Georgia State Stadium, Westside Park, Centennial Olympic Park, Grant Park and many others.
This exceptional investment opportunity is being sold "as is" with no showings until the due diligence period/inspection. Don't miss out on this chance to own a versatile and lucrative properties in one of East Point's prime locations.
Welcome home to your next great investment!

Last Agent to Sell the Property

Igor Arkhipov

Realco Brokers, Inc. License #208057 Listed on: 06/04/2024

Last Buyer's Agent

Laci White

Virtual Properties Realty.com License #396883

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1940

Lot Details

  • 7,501 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Wood Flooring

Parking

  • 8 Parking Spaces
  • Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • 5 Units
  • Colonial Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 013400040139

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,927

Year Built

Built in 1940

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Legal Description: 000
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1940
  • Levels Stories: Three Or More
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Hardwood
  • Window Features: None

Exterior Features

  • Roof Type: Composition
  • Fencing: Back Yard
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric, Forced Air
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Colonial Hills

Fee Information

  • Annual Expenses: 11000

Lot Info

  • Acres: 0.1722
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 14 013400040139
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1927.00
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Hamilton E. Holmes
  • High School: Tri-Cities
  • Middle School: Paul D. West

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Oct 2, 2024
Sold by
Bought by
Seller's Agent
Igor Arkhipov
Realco Brokers, Inc.
Buyer's Agent
Laci White
Virtual Properties Realty.com
List Price
$705,800
Sold Price
$442,675
Premium/Discount to List
-$263,125
-37.28%
Views
120
Current Estimated Value
$349,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,697
Avg. Annual Appreciation
-12.11%
Original Mortgage
$332,005
Interest Rate
0.0635%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2021
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
0.047%
Mortgage Type
Trade

Purchase Details

Closed on
Mar 3, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$442,675 --
-- --
$16,500 --
-- --
$96,000 --
-- --
$68,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $332,005
Previous Owner $93,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $442,675 0.0% $314 / Sq Ft
08/01/2024 08/01/24 Rented $1,150 0.0% --
07/29/2024 07/29/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $1,150 -8.0% $1 / Sq Ft
06/19/2024 06/19/24 For Rent $1,250 0.0% --
06/04/2024 06/04/24 For Sale $705,800 -- $501 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,269 $125,160 $25,720 $99,440
2023 $1,066 $73,560 $16,560 $57,000
2022 $1,557 $75,560 $16,560 $59,000
2021 $894 $59,160 $13,280 $45,880
2020 $2,520 $58,440 $13,120 $45,320
2019 $203 $49,200 $8,640 $40,560
2018 $491 $17,400 $3,080 $14,320
2017 $192 $6,568 $1,888 $4,680
2016 $192 $6,570 $1,890 $4,680
2015 $193 $6,570 $1,890 $4,680
2014 $207 $12,920 $3,880 $9,040
Source: Public Records

Agents Affiliated with this Home

  • Igor Arkhipov

    Seller's Agent in 2024

    Igor Arkhipov

    Realco Brokers, Inc.

    (404) 786-0988

    1 in this area

    38 Total Sales

    Igor Arkhipov
    Section Image
  • Laci White

    Buyer's Agent in 2024

    Laci White

    Virtual Properties Realty.com

    (678) 831-7099

    1 in this area

    28 Total Sales

    Laci White
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7393607

First Multiple Listing Service (FMLS)

APN: 14-0134-0004-013-9

Georgia Fulton County Atlanta 30344 Colonial Hills

1366 Clermont Ave, Atlanta, GA

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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.

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