NOT LISTED FOR SALE

Estimated Value: $122,000 - $176,000

Studio
-- Bath
1,260 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $110,000 $87 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $801/month

32 Days on Market

Highlights

  • No HOA
  • Community Playground
  • Property has 3 Levels
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • 1-minute walk to Boulevard Park

About This Home

As of September 2021

Investors take note of this great investment opportunity in the neighborhood of East Lake! This duplex currently cash flows $1300 per month and provides a solid return on investment. Each unit has 1 bedroom and 1 full bathroom with tenants paying for all of their own utilities. This property is being offered in as-is condition and with future updating could bring even more in rental income. Buyers are to verify any and all information they deem to be important. All information is deemed reliable but not guaranteed.

Last Agent to Sell the Property

Asher Black

Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 4232084943 License #359562 Listed on: 07/08/2021

Greater Downtown Realty dba Keller Williams Realty

Last Buyer's Agent

Adrienne Green

Greater Downtown Realty dba Keller Williams Realty License #409775, 358836

Greater Downtown Realty dba Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $252

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50x130

Home Design

  • Duplex

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 3 Levels

Schools

  • East Lake Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics Technology High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $1,300
  • Assessor Parcel Number 168P B 008

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Boulevard Park Addn Subdivision

Recreation

  • Community Playground

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$252

Year Built

Built in 1920

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1260
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Amenities: Playground
  • Association: No

Lot Info

  • Lot Size: 50X130
  • Lot Size Units: Acres
  • Parcel #: 168P B 008
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 15600
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 1300

Tax Info

  • Tax Annual Amount: 252

MLS Schools

  • Elementary School: East Lake Elementary School
  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: East Lake Academy Of Fine Arts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 23, 2021
Sold by
Pensco Trust Company Llc
Bought by
Thompson Wesley Robert and Thompson Cassie Lea
Seller's Agent
Asher Black
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Adrienne Green
Greater Downtown Realty dba Keller Williams Realty
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Current Estimated Value
$145,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,333
Avg. Annual Appreciation
6.36%
Original Mortgage
$82,500
Outstanding Balance
$74,411
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$70,922

Purchase Details

Closed on
Feb 6, 2020
Sold by
Ch Consultation Group Llc
Bought by
Pensco Trust Company Llc and Fbo Steven P O Brien Ira

Purchase Details

Closed on
Dec 11, 2019
Sold by
Gladney Paula
Bought by
Ch Consultation Group Llc

Purchase Details

Closed on
Mar 20, 2018
Sold by
Williams Tashina and Gladney Paula
Bought by
Gladney Paula

Purchase Details

Closed on
Dec 22, 2017
Sold by
Williams Tawana B
Bought by
Williams Tawana B and Revocable Trust Agreement Of Tawana B Wi

Purchase Details

Closed on
Aug 29, 2014
Sold by
Palmer Angelia R and Brogdon Blake Edward
Bought by
Williams Tawana B

Purchase Details

Closed on
Nov 6, 2012
Sold by
Murray Barbara A
Bought by
Palmer Angelia R and Brogdon Blake Edward

Purchase Details

Closed on
Aug 27, 2003
Sold by
Thomas Mildred J
Bought by
Murray Barbara A

Purchase Details

Closed on
May 20, 1996
Sold by
Fletcher Robert E
Bought by
Thomas Earl E and Thomas Mildred J

Purchase Details

Closed on
Jun 27, 1995
Sold by
Thomas Earl E and Thomas Mildred J
Bought by
Fletcher Robert E and Fletcher Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thompson Wesley Robert $110,000 Rudy Title And Escrow Llc
Pensco Trust Company Llc $40,000 Ensign Title & Escrow Inc
Ch Consultation Group Llc $22,000 Ensign Title & Escrow Inc
Gladney Paula -- None Available
Williams Tawana B -- None Available
Williams Tawana B $3,000 Title Guaranty & Trust Co
Palmer Angelia R -- None Available
Murray Barbara A $21,600 --
Thomas Earl E -- --
Thomas Earl E -- --
Fletcher Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Wesley Robert $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $110,000 -15.4% $87 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $130,000 -- $103 / Sq Ft
Source: Realtracs

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 $293 $19,300 $0 $0
2024 $278 $12,425 $0 $0
2023 $278 $12,425 $0 $0
2022 $278 $12,425 $0 $0
2021 $278 $12,425 $0 $0
2020 $138 $5,000 $0 $0
2019 $138 $5,000 $0 $0
2018 $240 $5,000 $0 $0
2017 $138 $5,000 $0 $0
2016 $121 $0 $0 $0
2015 $337 $4,375 $0 $0
2014 $787 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2343894

Realtracs

APN: 168P-B-008

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