NOT LISTED FOR SALE

1465 Tulip Place Decatur, GA 30032

Estimated Value: $332,000 - $482,945

3 Beds
3 Baths
1,757 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $360,000 $205 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,733/month

23 Days on Market

Highlights

  • Property is near public transit
  • Central Air
  • Heat Pump System
  • 1-Story Property
  • Ceiling Fan

About This Home

As of November 2021

Prime investment opportunity to add rare duplex to your real estate portfolio in upcoming Decatur neighborhood with easy access to shopping, dining and major interstates. Don't miss out on this amazing opportunity to either occupy one unit and earn income on the other unit or totally rent both units. Both units have been totally renovated with new shaker soft closet cabinets, granite countertops, stainless steel appliances, renovated bathrooms, hardwood flooring throughout and more. The duplex has two units. Unit 1 is 1 bedroom and 1 full bathroom. Unit two is 3 bedrooms and 1.5 bathrooms. Minutes away from Avondale, City of Decatur, East Lake. Don't miss this opportunity.

Last Agent to Sell the Property

Monique Williams

Compass License #274983 Listed on: 10/02/2021

Compass

Last Buyer's Agent

Eric Whiteman

eXp Realty License #416091

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 0.3

Parking

  • Carport

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Peachcrest Elementary School
  • Columbia Middle School
  • Columbia High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Association fees include trash, sewer
  • 2 Units
  • Towers Valley Subdivision

Listing and Financial Details

  • The owner pays for garbage

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,883

Year Built

Built in 1968 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Financing Type: FHA
  • Levels: One
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Updated/Remodeled, Resale

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Walk To Public Transit, Walk To Shopping

Fee Information

  • Association Fee Includes: Trash, Sewer

Schools

  • Elementary School: Peachcrest
  • High School: Columbia
  • High School Bus: Yes
  • Middle School: Columbia
  • Middle School Bus: Yes
  • Elementary School: Peachcrest
  • Middle School: Columbia
  • High School: Columbia

Rental Info

  • Owner Pays: Garbage

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2883

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 19, 2021
Sold by
Mdw Development Inc
Bought by
Gregory Leah
Seller's Agent
Monique Williams
Compass
Buyer's Agent
Eric Whiteman
eXp Realty
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Current Estimated Value
$405,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,648
Avg. Annual Appreciation
3.12%
Original Mortgage
$353,479
Outstanding Balance
$323,642
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$82,006

Purchase Details

Closed on
May 25, 2021
Sold by
Williams Runette Flowers
Bought by
Mdw Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2021
Sold by
Schofield Michelle Williams
Bought by
Williams Runette Flowers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gregory Leah $360,000 --
Gregory Leah $360,000 --
Gregory Leah $360,000 --
Mdw Development Inc $150,000 --
Williams Runette Flowers -- --
Williams Runette Flowers -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Leah $353,479
Closed Gregory Leah $353,479
Previous Owner Williams Runette Flowers $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $360,000 +2.9% $205 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $350,000 -- $199 / 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
2024 $6,985 $195,800 $52,000 $143,800
2023 $6,985 $157,240 $31,720 $125,520
2022 $4,888 $135,560 $16,000 $119,560
2021 $3,351 $62,280 $16,000 $46,280
2020 $2,883 $51,600 $16,000 $35,600
2019 $2,625 $45,720 $16,000 $29,720
2018 $1,545 $23,000 $4,080 $18,920
2017 $1,703 $24,600 $4,080 $20,520
2016 $1,435 $18,480 $4,080 $14,400
2014 $1,053 $9,600 $3,880 $5,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9060713

Georgia MLS

APN: 15-197-11-001