NOT LISTED FOR SALE

1488 E Forrest Ave Unit 1 Atlanta, GA 30344

Estimated Value: $400,000 - $441,772

2 Beds
1 Bath
1,379 Sq Ft
$307/Sq Ft Est. Value

Highlights

  • Open-Concept Dining Room
  • Property is walking distance to MARTA
  • Stone Countertops
  • City View
  • Great Room
  • 5-minute walk to Jefferson Recreation Center

About This Home

As of January 2024

Beautifully Updated Inside and Out! Be the first to live in this Fully Renovated Apartment. A Bright, Open Floorplan welcomes you inside. NEW Flooring begins in the Spacious Living Room and continues into a Bright, White Kitchen with Granite Countertops, Stainless Steel Appliances, and Floating Storage Shelves. Two Large Bedrooms share a Hall Bathroom with Custom Tile Shower. Adjoining Shared Laundry Room. Water included! STEPS from Harris Park, Oz Pizza, Kupcakerie, Thumbs Up Diner, and more! Easy access to all of Intown Atlanta. Rental Requirements: Minimum Credit Score of 600. Income must = 2.5x total rent. Rental History of NO EVICTIONS. Small pets allowed - no aggressive breeds - ideally only 1 pet. Tenant selection is at sole discretion of owner after review of application and credit/background check.

Last Agent to Rent the Property

Torrence Ford

Real Broker, LLC. License #289924 Listed on: 12/20/2023

Real Broker, LLC.

Last Renter's Agent

Sierra Little

Real Broker, LLC. License #436369

Real Broker, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1940

Lot Details

  • 10,751 Sq Ft Lot
  • No Units Located Below
  • Private Entrance
  • Back and Front Yard

Home Design

  • Triplex
  • Cottage
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,379 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Beamed Ceilings
  • Great Room
  • Open-Concept Dining Room
  • Vinyl Flooring
  • City Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • Parklane Elementary School
  • Parks Middle School
  • Tri-Cities High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $1,295
  • 12 Month Lease Term
  • $45 Application Fee
  • Assessor Parcel Number 14 013300200056

Community Details

Overview

  • Application Fee Required
  • Jefferson Park Subdivision

Amenities

  • Restaurant

Recreation

  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,227

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities, Electricity, Gas, Water
  • Credit Report Required: Yes
  • Deposit: 1295
  • Lease Term: 12 Months
  • Per Adult Dollar: 45.00
  • Pets Allowed: Call
  • Application Fee Per Adult: Yes
  • Deposit Required: Last Month’s Rent

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Architectural Style: Cottage
  • Year Built: 1940
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Vinyl
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Interior Amenities: Beamed Ceilings, High Speed Internet
  • Kitchen Features: Cabinets White, Stone Counters, View to Family Room
  • Common Walls: No One Below
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 1379.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Exterior Features: Private Front Entry
  • View: City

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Sidewalks, Street Lights
  • Management: Professionally Managed
  • Subdivision Complex: Jefferson Park

Schools

  • Elementary School: Parklane
  • Middle School: Parks
  • High School: Tri-Cities

Lot Info

  • Acres: 0.2468
  • Land/Lot: 133
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: x
  • Parcel Number: 14 013300200056
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 14-0133-0020-005-6
  • Close Date: 2024-01-19

MLS Schools

  • Elementary School: Parklane
  • High School: Tri-Cities
  • Middle School: Parks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Building Brothers Llc
Bought by
Martin Omari
Current Estimated Value
$422,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Outstanding Balance
$410,330
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$12,363

Purchase Details

Closed on
Mar 30, 2021
Sold by
1488 East Forrest Ave Llc
Bought by
Goyins Alexander

Purchase Details

Closed on
Oct 15, 2019
Sold by
Rsmsquare Llc
Bought by
1488 East Forrest Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,700
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2019
Sold by
Tariq Km Iqbal
Bought by
Rsmsquare Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,700
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2008
Sold by
Wells Fargo Bk 2002 & Bc & 6
Bought by
Tariq K M Iqbal

Purchase Details

Closed on
Nov 7, 2006
Sold by
Crawford Darrell
Bought by
Wells Fargo Bk Na 2002 & Bc6

Purchase Details

Closed on
Jun 21, 2002
Sold by
Bullock T Ross
Bought by
Crawford Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 1999
Sold by
Miller Charles
Bought by
Bullock T Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,400
Interest Rate
7.89%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Martin Omari $435,000 --
Building Brothers Llc -- --
Goyins Alexander -- --
1488 East Forrest Ave Llc $80,800 --
Rsmsquare Llc $60,000 --
Tariq K M Iqbal $30,000 --
Wells Fargo Bk Na 2002 & Bc6 $164,186 --
Crawford Darrell $200,000 --
Bullock T Ross $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Building Brothers Llc $413,250
Previous Owner 1488 East Forrest Ave Llc $160,700
Previous Owner Rsmsquare Llc $173,430
Previous Owner Crawford Darrell $180,000
Previous Owner Bullock T Ross $45,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Rented $1,420 +9.7% --
01/12/2024 01/12/24 Under Contract -- -- --
12/20/2023 12/20/23 For Rent $1,295 +36.3% --
07/06/2020 07/06/20 Rented $950 0.0% --
06/25/2020 06/25/20 For Rent $950 -- --
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
2025 $1,227 $88,880 $14,400 $74,480
2023 $1,227 $87,800 $14,400 $73,400
2022 $2,592 $98,520 $8,640 $89,880
2021 $2,079 $49,360 $7,560 $41,800
2020 $1,405 $32,000 $8,800 $23,200
2019 $474 $28,880 $3,760 $25,120
2018 $473 $28,240 $3,680 $24,560
2017 $311 $18,520 $2,880 $15,640
2016 $310 $18,520 $2,880 $15,640
2015 $671 $18,520 $2,880 $15,640
2014 $312 $18,520 $2,880 $15,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7315714

First Multiple Listing Service (FMLS)

APN: 14-0133-0020-005-6