$300,000
SOLD MAY 31, 2023

1455 Helen Ln SW Atlanta, GA 30331

-- Bed
-- Bath
1,242 Sq Ft
0.25 Acres

Recently Sold

$242 Per Sq Ft

20% Above List Price

Highlights

  • Community Lake
  • No HOA
  • Central Heating and Cooling System
  • 1 Fireplace
  • Community Playground
  • 2 Car Garage

About This Home

As of February 2025

With 2400 sq ft, this beautifully updated home in Niskey Lake is the perfect property for investors looking for a stable 10% return or for someone looking to live rent free! Unit 1 is a 3 bedroom with 2 bathrooms, gorgeous marble countertops, and an outside deck. Unit 2 is a 2 bedroom with 1 bathroom, Fireplace and Patio! With Net Operating Income of over $31,000 this is a fully updated 10 cap in Niskey Lake. This property also comes with home warranty good until Feb 2024. You don't want to miss out on this opportunity! Only 15 minutes to ATL airport, 15 mins to Tyler Perry Studios, and 10 minutes to Camp Creek Marketplace. Submit All offers with Proof of Funds or Conventional Loan Pre-Qualification Tenants in place. DO NOT DISTURB TENANTS. No showings until due diligence.

Last Agent to Sell the Property

Lois Mensah

Watson Realty Co License #428331 Listed on: 04/20/2023

Watson Realty Co

Last Buyer's Agent

Arnee Harrison

Compass License #255710

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1973 | Remodeled

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • 1 Fireplace

Finished Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom

Schools

  • Deerwood Academy Elementary School
  • Bunche Middle School
  • Therrell High School

Additional Features

  • 0.25 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, water

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Niskey Lake Subdivision
  • Community Lake

Recreation

  • Community Playground

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,125

Year Built

Built in 1973 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Financing Type: Conventional
  • Levels: Multi/Split
  • Lot Size Acres: .25
  • Structure Type: Duplex, House
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Bath Finished, Interior Entry, Exterior Entry, Finished
  • Price Per Square Foot: 1000000

Exterior Features

  • Construction Materials: Block, Vinyl Siding
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Attached, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Playground, Sidewalks

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Deerwood Academy
  • High School: Therrell
  • Middle School: Bunche
  • Elementary School: Deerwood Academy
  • Middle School: Bunche
  • High School: Therrell

Lot Info

  • Deed Book: 64999
  • Deed Page: 12

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Total Fireplaces: 1
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1125.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2025
Closed on
Feb 28, 2025
Sold by
Karriem Asiaa
Bought by
Allison Malvia
Seller's Agent
Arnee Harrison
Compass
Buyer's Agent
Charlene Thompson
Coldwell Banker Realty
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%
Views
32
Current Estimated Value
$318,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,408
Avg. Annual Appreciation
-1.22%
Original Mortgage
$252,000
Outstanding Balance
$251,158
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$67,434

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 30, 2023
Sold by
Anl Holdings Ga Llc
Bought by
Karriem Asiaa
Seller's Agent
Lois Mensah
Watson Realty Co
Buyer's Agent
Arnee Harrison
Compass
List Price
$250,000
Sold Price
$300,000
Premium/Discount to List
$50,000
20%
Views
219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$240,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2021
Sold by
Eberhart John C
Bought by
Anl Holdings Ga Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 1999
Sold by
Eberhart John C
Bought by
Eberhart John C and Eberhart Valeria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1995
Sold by
Secretary Of Hud
Bought by
Eberhart John C

Purchase Details

Closed on
Nov 1, 1994
Sold by
Independence One Mtg Corp
Bought by
Secretary Of Hud
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 Type Sale Price Title Company
Warranty Deed $320,000 --
Warranty Deed $300,000 --
Warranty Deed $105,000 --
Quit Claim Deed -- --
Deed -- --
Deed -- --
Deed $89,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $161,000 New Conventional
Previous Owner $15,827 New Conventional
Previous Owner $89,600 New Conventional
Closed $0 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $320,000 0.0% $258 / Sq Ft
01/12/2025 01/12/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $319,900 +6.6% $258 / Sq Ft
05/31/2023 05/31/23 Sold $300,000 +20.0% $242 / Sq Ft
04/20/2023 04/20/23 For Sale $250,000 -- $201 / Sq Ft
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
2025 $3,804 $103,320 $18,000 $85,320
2023 $3,804 $42,000 $10,800 $31,200
2022 $1,988 $57,800 $10,800 $47,000
2021 $568 $56,120 $10,480 $45,640
2020 $573 $55,440 $10,360 $45,080
2019 $374 $46,840 $6,600 $40,240
2018 $179 $32,800 $2,240 $30,560
2017 $26 $14,840 $2,360 $12,480
2016 $26 $14,840 $2,360 $12,480
2015 $633 $14,840 $2,360 $12,480
2014 $25 $14,840 $2,360 $12,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20117134

Georgia MLS

APN: 14F-0064-0003-066-6