NOT LISTED FOR SALE

1488 E Forrest Ave Unit 2 Atlanta, GA 30344

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

2 Beds
1 Bath
900 Sq Ft
$470/Sq Ft Est. Value

Highlights

  • Open-Concept Dining Room
  • City View
  • Ranch Style House
  • No Units Above
  • Property is near public transit
  • 5-minute walk to Jefferson Recreation Center

About This Home

As of December 2023

Live in this Beautifully Updated 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. A Separate Entrance off the Kitchen leads to a Shared Laundry Room. 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 580+. 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. Utilities shall be flat fee of $150.00 per month for Water/Power on top of Rent.

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

Torrence Ford

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

Real Broker, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1940

Lot Details

  • No Units Above
  • Private Entrance
  • Landscaped

Home Design

  • Triplex
  • Ranch Style House
  • Garden Home
  • Composition Roof

Interior Spaces

  • 900 Sq Ft Home
  • Furnished
  • Rear Stairs
  • Crown Molding
  • Double Pane Windows
  • Open-Concept Dining Room
  • Laminate Flooring
  • City Views
  • Laundry in Basement

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Front Porch

Location

  • Property is near public transit
  • Property is walking distance to MARTA

Schools

  • Hamilton E. Holmes Elementary School
  • Paul D. West Middle School
  • Tri-Cities High School

Utilities

  • Zoned Cooling
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,500
  • 12 Month Lease Term
  • $40 Application Fee
  • Assessor Parcel Number 14 013300200056

Community Details

Overview

  • Application Fee Required
  • Jefferson Park Subdivision

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,227

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Tenant Pays: Cable TV, Telephone
  • Credit Report Required: Yes
  • Deposit: 1500
  • Lease Term: 12 Months
  • Per Adult Dollar: 40.00
  • Pets Allowed: Call
  • Application Fee Per Adult: Yes
  • Pet Deposit Dollar: 500.00
  • Deposit Required: Last Month’s Rent

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Architectural Style: Garden (1 Level), Ranch
  • Year Built: 1940
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 900.00
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Laminate
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Range Hood
  • Interior Amenities: Crown Molding
  • Kitchen Features: Cabinets White
  • Common Walls: No One Above
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 900.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Block
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch
  • Exterior Features: Private Front Entry, Rear Stairs
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Zoned
  • Heating: Electric
  • Laundry Features: In Basement
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Marta, Public Transportation
  • Management: Professionally Managed
  • Subdivision Complex: Jefferson Park

Schools

  • Elementary School: Hamilton E. Holmes
  • Middle School: Paul D. West
  • High School: Tri-Cities

Lot Info

  • Lot Features: Landscaped
  • Parcel Number: 14 013300200056
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 14-0133-0020-005-6
  • Close Date: 2023-12-31

MLS Schools

  • Elementary School: Hamilton E. Holmes
  • High School: Tri-Cities
  • Middle School: Paul D. West

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/31/2023 12/31/23 Rented $1,425 -5.0% --
12/27/2023 12/27/23 Under Contract -- -- --
12/20/2023 12/20/23 For Rent $1,500 -3.2% --
03/16/2023 03/16/23 Rented $1,550 +10.7% --
03/15/2023 03/15/23 Under Contract -- -- --
02/02/2023 02/02/23 Price Changed $1,400 -6.7% $2 / Sq Ft
01/26/2023 01/26/23 Price Changed $1,500 -6.0% $2 / Sq Ft
01/21/2023 01/21/23 Price Changed $1,595 -7.8% $2 / Sq Ft
01/08/2023 01/08/23 For Rent $1,730 +33.1% --
07/22/2020 07/22/20 Rented $1,300 0.0% --
06/25/2020 06/25/20 For Rent $1,300 -- --
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7315723

First Multiple Listing Service (FMLS)

APN: 14-0133-0020-005-6