NOT LISTED FOR SALE

Estimated Value: $218,000 - $290,000

4 Beds
2 Baths
1,662 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $150,000 $90 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,590/month

Highlights

  • Property is walking distance to MARTA
  • Forced Air Heating and Cooling System
  • 4-minute walk to The Rev. James Orange Park at Oakland City
  • 1-Story Property
  • Level Lot

About This Home

As of December 2019

Ride the equity TSUNAMI with this turnkey, cash-flowing duplex in the wake of Southwest Atlanta development. Total income is $1550/mo, passing the “1% rule”. Another option: Owner occupy one side after the tenant moves out in December. House hack and pay your mortgage with the income from the other unit. Enjoy rent and equity appreciation because this property is in Venetian Hills, a great neighborhood sandwiched between established Adams Park community, Tyler Perry Studios. Multiple Offers Received. Submit highest and best offer by 6pm Tuesday 11/19. and the Fort McPherson development, as well as the Beltline neighborhoods of Oakland City and Capitol View. Just over a mile from the new restaurants and breweries along the Westside BeltLine, 8 min walk to MARTA. Showings by appointment only. Please note the photos from the listing are from before the current tenants moved in. No Blind Offers will be accepted.

Last Agent to Sell the Property

Josh Stanton

Keller Williams Realty Metro Atlanta License #379772 Listed on: 11/14/2019

Keller Williams Realty Metro Atlanta

Last Buyer's Agent

Chrissie Kallio

Atlanta Fine Homes Sotheby's International License #282722

Atlanta Fine Homes Sotheby's International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1942

Lot Details

  • 7,396 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

  • Finch Elementary School
  • Sylvan Hills Middle School
  • G.W. Carver High School

Utilities

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

Community Details

  • 2 Units
  • Venetian Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / B
  • Assessor Parcel Number 14 013700050804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$840

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1942
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Marta, Near Schools, Near Shopping
  • Subdivision Complex: Venetian Hills

Schools

  • Elementary School: Finch
  • Middle School: Sylvan Hills
  • High School: G.W. Carver

Lot Info

  • Acres: 0.1698
  • Lot: 6
  • Land/Lot: 0137
  • Lot Features: Level
  • Parcel Number: 14 013700050804
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 840.00
  • Assessor Parcel Number: 14-0137-0005-080-4
  • Close Date: 2019-12-20
  • Tax Year: 2018

MLS Schools

  • Elementary School: Finch
  • High School: G.W. Carver
  • Middle School: Sylvan Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Wren Heather
Bought by
Wren Nw Llc
Current Estimated Value
$250,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Outstanding Balance
$154,831
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,070

Purchase Details

Listed on
Nov 14, 2019
Closed on
Dec 20, 2019
Sold by
Paxx Holdings Llc
Bought by
Wren Heather
Seller's Agent
Josh Stanton
Keller Williams Realty Metro Atlanta
Buyer's Agent
Chrissie Kallio
Atlanta Fine Homes Sotheby's International
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$130,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2017
Sold by
Bethke Edward
Bought by
Paxx Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2013
Closed on
Nov 21, 2013
Sold by
Sdi Funding Llc
Bought by
Bethke Edward
Seller's Agent
Kris Kolarich
Southern Classic Realtors
Buyer's Agent
Robert Taylor
NorthGroup Real Estate
List Price
$21,000
Sold Price
$21,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.22%

Purchase Details

Closed on
Jan 6, 2009
Sold by
Plowden Vicki L
Bought by
Sdi Funding Llc

Purchase Details

Closed on
Jan 31, 2008
Sold by
Novastar Mortgage Inc
Bought by
Plowden Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,650
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2007
Sold by
Bowden Debra M
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Aug 23, 2005
Sold by
Dent Dina
Bought by
Bowden Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2004
Sold by
Butler Inv Prop Inc
Bought by
Dent Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2000
Sold by
Greyfield Resouces Inc
Bought by
Butler Keith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
11.25%
Mortgage Type
New Conventional
Source: Public Records

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
Wren Nw Llc -- --
Wren Heather $150,000 --
Paxx Holdings Llc $45,000 --
Bethke Edward $21,000 --
Sdi Funding Llc $90,575 --
Plowden Vicki L $79,500 --
Novastar Mortgage Inc $132,573 --
Bowden Debra M $200,000 --
Dent Dina $145,000 --
Butler Keith M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wren Nw Llc $173,600
Previous Owner Wren Heather $130,000
Previous Owner Paxx Holdings Llc $41,200
Previous Owner Plowden Vicki L $92,650
Previous Owner Bowden Debra M $160,000
Previous Owner Dent Dina $130,500
Previous Owner Butler Keith M $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2019 12/20/19 Sold $150,000 0.0% $90 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $150,000 +614.3% $90 / Sq Ft
11/21/2013 11/21/13 Sold $21,000 0.0% $13 / Sq Ft View Prior Sale
10/04/2013 10/04/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $21,000 -- $13 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $3,045 $95,000 $29,600 $65,400
2023 $3,779 $91,280 $22,680 $68,600
2022 $1,980 $48,920 $13,800 $35,120
2021 $1,982 $48,920 $13,800 $35,120
2020 $1,703 $48,920 $13,800 $35,120
2019 $933 $52,200 $14,080 $38,120
2018 $840 $20,280 $6,000 $14,280
2017 $739 $17,120 $2,840 $14,280
2016 $191 $4,400 $2,840 $1,560
2015 $1,089 $4,400 $2,840 $1,560
2014 $181 $4,000 $2,960 $1,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6644930

First Multiple Listing Service (FMLS)

APN: 14-0137-0005-080-4