NOT LISTED FOR SALE

1487 W Austin Rd Decatur, GA 30032

Estimated Value: $338,548 - $358,000

4 Beds
2 Baths
1,841 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $38,500 $21 Per Sq Ft

Est. 795% increase in value since last sale

Current estimated payment $2,125/month

Highlights

  • Four Sided Brick Exterior Elevation
  • Forced Air Heating System
  • Level Lot

About This Home

As of February 2014

All brick duplex. Needs some interior work. Could have great cash flow at this price! This is a Fannie Mae property and is eligible for homepath financing and homepath renovation financing

Last Agent to Sell the Property

Annette Coker

Bolst, Inc. License #262866 Listed on: 12/18/2013

Bolst, Inc.

Co-Listed By

Steve Bighouse

Chapman Hall Realty License #264092

Last Buyer's Agent

Jody Steinberg

Bolst, Inc. License #346111

Bolst, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Driveway

Schools

  • Mary Mcleod Bethune Middle School
  • Towers High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 2 Units
  • Ch Chaffin Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 1487WestAustin

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1965
  • Special Features: None

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Carport, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Electric, Forced Air
  • Utilities: Cable Available

Condo/Co-op/Association

  • Subdivision Complex: CH Chaffin

Schools

  • Elementary School: Dekalb - Other
  • Middle School: Mary McLeod Bethune
  • High School: Towers

Lot Info

  • Acres: 0.3300
  • Lot: 1
  • Section G M D: 2
  • Deed Book: 15810
  • Deed Page: 35
  • Lot Features: Level
  • Parcel Number: 1487WestAustin
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1047.00
  • Assessor Parcel Number: 15-197-12-031
  • Close Date: 2014-02-27
  • Tax Year: 2012

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Dekalb - Other
  • High School: Towers
  • Middle School: Mary McLeod Bethune

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2024
Sold by
Charles Sfr Llc
Bought by
Mitchell Sfr Llc
Current Estimated Value
$344,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Outstanding Balance
$41,977,617
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$41,633,230

Purchase Details

Closed on
Aug 2, 2024
Sold by
Gross Michael A
Bought by
Charles Sfr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Outstanding Balance
$41,977,617
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$41,633,230

Purchase Details

Listed on
Dec 18, 2013
Closed on
Feb 27, 2014
Sold by
Federal National Mortgage Association
Bought by
Gross Michael
Seller's Agent
Annette Coker
Bolst, Inc.
Buyer's Agent
Jody Steinberg
Bolst, Inc.
List Price
$47,500
Sold Price
$38,500
Premium/Discount to List
-$9,000
-18.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.79%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
May 24, 2004
Sold by
Hein Oliver
Bought by
Alpha Rental Svcs Llc

Purchase Details

Closed on
Jan 3, 2004
Sold by
Wilder Joseph B and Wilder Audrey E
Bought by
Hein Oliver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,225
Interest Rate
5.85%
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
Mitchell Sfr Llc -- --
Charles Sfr Llc $346,936 --
Gross Michael $38,500 --
Federal National Mtg Associati $150,178 --
Green Tree Servicing Llc $150,178 --
Alpha Rental Svcs Llc -- --
Hein Oliver $145,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Sfr Llc $50,000,000
Previous Owner Hein Oliver $138,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2014 02/27/14 Sold $38,500 -18.9% $21 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $47,500 -- $26 / Sq Ft
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 $3,582 $63,720 $15,930 $47,790
2023 $3,582 $63,720 $15,930 $47,790
2022 $3,016 $63,720 $16,000 $47,720
2021 $3,026 $54,400 $16,000 $38,400
2020 $2,575 $44,120 $16,000 $28,120
2019 $2,464 $41,600 $16,000 $25,600
2018 $1,412 $19,720 $4,080 $15,640
2017 $1,557 $20,840 $4,080 $16,760
2016 $1,345 $16,000 $4,080 $11,920
2014 $1,046 $9,000 $3,880 $5,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5231166

First Multiple Listing Service (FMLS)

APN: 15-197-12-031