NOT LISTED FOR SALE

1470 Tulip Place Decatur, GA 30032

Estimated Value: $314,000 - $375,000

4 Beds
2 Baths
1,680 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $360,000 $214 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,543/month

3 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Great rental investment property in HOT Decatur!! Perfect opportunity to make instant rental income with 2 occupied units. Each unit is 2 bedroom / 1 bath. Four-sided brick duplex with brand new exterior paint and beautiful curb appeal. New HVAC system. Newer interior paint, carpet & LVP flooring (replaced prior to tenants moving in). Newer appliances including stainless steel refrigerator, stove, dishwasher and microwave. Updated kitchen cabinets. Big backyard and front yard with plenty of driveway parking. Income producing property with room to increase rent. 2 separate leases with monthly income that can only go up from here! Great convenient location in quiet neighborhood!

Last Agent to Sell the Property

Tara Nieves

Atlanta Communities License #387877 Listed on: 06/03/2022

Atlanta Communities

Last Buyer's Agent

Lentheus Chaney

Fathom Realty GA, LLC License #382206

Fathom Realty GA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,681

Year Built

  • Built in 1964

Lot Details

  • 0.4

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crawl Space

Schools

  • Snapfinger Elementary School
  • Columbia Middle School
  • Columbia High School

Additional Features

  • 0.4 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Towers Valley Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,681

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .40
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Price Per Square Foot: 900000

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Snapfinger
  • High School: Columbia
  • Middle School: Columbia
  • Elementary School: Snapfinger
  • Middle School: Columbia
  • High School: Columbia

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3681

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jun 27, 2022
Sold by
Chaney Lentheus Raynard
Bought by
Fortress Legacy Builders Inc
Seller's Agent
Tara Nieves
Atlanta Communities
Buyer's Agent
Lentheus Chaney
Fathom Realty GA, LLC
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Current Estimated Value
$349,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,798
Avg. Annual Appreciation
-1.02%
Original Mortgage
$216,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 20, 2017
Sold by
Figur Lowell J
Bought by
1470 Tulip Llc
Seller's Agent
Tyrone Hines
Azure Realty
Buyer's Agent
Maiko Soares
NOT A VALID MEMBER
List Price
$149,900
Sold Price
$132,500
Premium/Discount to List
-$17,400
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.75%
Original Mortgage
$78,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2015
Sold by
B Green Holdings Llc
Bought by
Hannah Grp Llc

Purchase Details

Closed on
Mar 31, 2014
Sold by
Bl Management Llc
Bought by
B Green Holdings Llc

Purchase Details

Listed on
Nov 27, 2011
Closed on
Feb 16, 2012
Sold by
Federal National Mortgage Association
Bought by
Bl Management Llc
Seller's Agent
GEORGIA REO TEAM
NOT A VALID MEMBER
Buyer's Agent
Joe Phillips
Americas Realty, Inc.
List Price
$36,900
Sold Price
$30,000
Premium/Discount to List
-$6,900
-18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.96%

Purchase Details

Closed on
Nov 1, 2011
Sold by
Bank Of America Na
Bought by
Federal National Mtg Associati
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
Fortress Legacy Builders Inc -- --
Chaney Lentheus Raynard $360,000 --
1470 Tulip Llc -- --
Figur Lowell J $132,500 --
Hannah Grp Llc -- --
B Green Holdings Llc -- --
Bl Management Llc $30,000 --
Federal National Mtg Associati $129,302 --
Bank Of America Na $129,302 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaney Lentheus Raynard $216,000
Previous Owner Figur Lowell J $78,000
Previous Owner Glover Janida $25,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $360,000 +2.9% $214 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $350,000 0.0% $208 / Sq Ft
01/10/2020 01/10/20 Rented $950 0.0% --
12/12/2019 12/12/19 Price Changed $950 -4.5% $1 / Sq Ft
11/13/2019 11/13/19 For Rent $995 0.0% --
12/20/2017 12/20/17 Sold $132,500 -11.6% $79 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $149,900 +399.7% $89 / Sq Ft
02/16/2012 02/16/12 Sold $30,000 -18.7% $18 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
11/27/2011 11/27/11 For Sale $36,900 -- $22 / 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
2023 $7,570 $130,280 $31,720 $98,560
2022 $3,857 $79,800 $16,000 $63,800
2021 $3,681 $75,800 $16,000 $59,800
2020 $3,435 $70,200 $16,000 $54,200
2019 $2,809 $55,920 $16,000 $39,920
2018 $1,779 $45,640 $4,080 $41,560
2017 $1,472 $25,360 $4,058 $21,302
2016 $1,189 $25,360 $4,080 $21,280
2014 $1,081 $16,040 $4,080 $11,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20046752

Georgia MLS

APN: 15-197-12-027