NOT LISTED FOR SALE

Estimated Value: $527,000 - $669,000

4 Beds
3 Baths
1,428 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $440,000 $308 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,392/month

10 Days on Market

Highlights

  • City View
  • Property is near shops
  • Back and Front Yard Fenced
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Rare opportunity to invest in highly walk-able East Atlanta Village! Property is 0.1 mile to the shops and restaurants of East Atlanta Village making these rental units extremely popular and rent-able. Great for an investment portfolio with two separate rental units hedging your investment so that even if one unit is briefly vacant between tenants you have income coming from the other unit. Or live in the top unit for pennies while renting the lower unit. This home is also super close to Inman Park, Beltline and two minutes drive from I-20. NO SHOWINGS UNTIL UNDER CONTRACT. Sellers will not be making any decisions on offers before September 3, 2020. DO NOT USE SHOWINGTIME - DO NOT DISTURB TENANTS!! - SHOWINGS BY APPOINTMENT ONLY - Both units are occupied and showings are limited and require Personal Protective Equipment. Contact Showing Coordinator Agent Cameron McCaa for details

Last Agent to Sell the Property

Cameron McCaa

Atlanta Intown Real Estate Services License #345775 Listed on: 08/24/2020

Last Buyer's Agent

Alan Corey

EXP Realty, LLC. License #358554

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,746

Year Built

  • Built in 1938

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 54x175x54x175
  • Back and Front Yard Fenced

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • City Views
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Driveway

Location

  • Property is near shops

Schools

  • Burgess-Peterson Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15 177 02 115

Community Details

Overview

  • 2 Units
  • East Atlanta Subdivision

Recreation

  • Community Playground

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,746

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1938
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Cement Siding, Frame
  • Roof Type: Shingle
  • Lake Name: Berkeley Lake
  • Fencing: Back Yard, Front Yard
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas, Separate Meters
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Playground, Sidewalks, Street Lights, Near Shopping
  • Subdivision Complex: East Atlanta

Schools

  • Elementary School: Burgess-Peterson
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson

Lot Info

  • Acres: 0.2000
  • Land/Lot: 177
  • Deed Book: 25948
  • Deed Page: 781
  • Lot Dimensions: 54x175x54x175
  • Parcel Number: 15 177 02 115
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 6746.00
  • Assessor Parcel Number: 15-177-02-115
  • Close Date: 2020-10-13
  • Tax Year: 2019

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Burgess-Peterson
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 13, 2020
Sold by
Schmidt Jeffrey A
Bought by
Hoffner Jennifer and Martin Jason
Seller's Agent
Cameron McCaa
Atlanta Intown Real Estate Services
Buyer's Agent
Alan Corey
EXP Realty, LLC.
List Price
$439,900
Sold Price
$440,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$597,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,412
Avg. Annual Appreciation
6.43%
Original Mortgage
$432,030
Outstanding Balance
$384,445
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$212,967

Purchase Details

Listed on
Jul 23, 2016
Closed on
Nov 29, 2016
Sold by
Nduom Edjah K
Bought by
Schmidt Jeffre Ya
Seller's Agent
Kirk Surgeon
Atlanta Intown Real Estate Services
Buyer's Agent
Cameron McCaa
Atlanta Intown Real Estate Services
List Price
$299,000
Sold Price
$301,000
Premium/Discount to List
$2,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$285,950
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Gilbert Bernard
Bought by
Nduom Edjah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 27, 2005
Sold by
Fannie Mae
Bought by
Gilbert Bernard and Cheekes Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2005
Sold by
Mortgage Electronic Registrati
Bought by
Federal National Mtg Assocaiti

Purchase Details

Closed on
Jul 31, 2003
Sold by
Best Friends Investments Llc
Bought by
Cole Kenyatta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2002
Sold by
Williams Glenwood Ave Tu
Bought by
Best Friends Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,358
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2002
Sold by
Williams James
Bought by
Williams Glenwood Ave Tu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,358
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2001
Sold by
Williams James E
Bought by
Williams James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
9.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1999
Sold by
Dailey Kim
Bought by
Williams James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1999
Sold by
Concept 2000 Inc
Bought by
Dailey Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.87%
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
Hoffner Jennifer $440,000 --
Schmidt Jeffre Ya $301,000 --
Nduom Edjah K $235,000 --
Gilbert Bernard -- --
Federal National Mtg Assocaiti -- --
Mortgage Electronic Registrati -- --
Fed Natl Mtg Assoc -- --
Mers Inc $285,691 --
Cole Kenyatta $305,000 --
Best Friends Investments Llc $119,000 --
Williams Glenwood Ave Tu $72,600 --
Williams James -- --
Williams James E $135,000 --
Dailey Kim $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffner Jennifer $432,030
Previous Owner Schmidt Jeffre Ya $285,950
Previous Owner Nduom Edjah K $47,000
Previous Owner Gilbert Bernard $205,000
Previous Owner Cole Kenyatta $274,500
Previous Owner Best Friends Investments Llc $173,358
Previous Owner Williams Glenwood Ave Tu $77,175
Previous Owner Williams James $184,000
Previous Owner Williams James E $121,500
Previous Owner Dailey Kim $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $440,000 0.0% $308 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $439,900 0.0% $308 / Sq Ft
10/01/2017 10/01/17 Rented $1,800 -8.9% --
09/29/2017 09/29/17 Under Contract -- -- --
09/18/2017 09/18/17 For Rent $1,975 0.0% --
11/29/2016 11/29/16 Sold $301,000 +0.7% $211 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $299,000 0.0% $209 / Sq Ft
11/13/2013 11/13/13 Rented $800 0.0% --
10/14/2013 10/14/13 Under Contract -- -- --
09/05/2013 09/05/13 For Rent $800 -- --
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
2024 $1,940 $194,000 $58,720 $135,280
2023 $1,940 $181,360 $58,720 $122,640
2022 $1,732 $183,040 $37,640 $145,400
2021 $1,615 $170,680 $36,000 $134,680
2020 $1,522 $146,920 $36,000 $110,920
2019 $1,514 $146,760 $16,560 $130,200
2018 $1,278 $141,320 $16,560 $124,760
2017 $1,187 $120,392 $16,032 $104,360
2016 $1,194 $119,600 $16,560 $103,040
2014 $314 $89,640 $16,560 $73,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6772229

First Multiple Listing Service (FMLS)

APN: 15-177-02-115