NOT LISTED FOR SALE

1488 E Forrest Ave Unit 3 Atlanta, GA 30344

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

1 Bed
1 Bath
850 Sq Ft
$497/Sq Ft Est. Value

Highlights

  • Open-Concept Dining Room
  • Deck
  • Main Floor Primary Bedroom
  • Craftsman Architecture
  • Property is walking distance to MARTA
  • 5-minute walk to Jefferson Recreation Center

About This Home

As of March 2023

Unit #3 is a Cute Cottage in the City fully renovated. Enjoy this Quaint 1 Bed/1 Bath Home Convenient to City of Atlanta, Airport, SW Atlanta, and More! This Triplex Unit has been overhauled for affordable living with Granite Counter Tops, Newly Tiled Bathroom, Fresh Kitchen Backsplash, Community Laundry, and more. Utilities, Lawncare, and Pest Control Included- The perfect affordable bundle in the city! Requirements-No Evictions, 580 Scores or Higher, No Smoking, No Section-8, No Violent Public Record offenses.

Last Agent to Rent the Property

Torrence Ford

Real Broker, LLC. License #289924 Listed on: 02/23/2023

Real Broker, LLC.

Last Renter's Agent

Torrence Ford

Real Broker, LLC. License #289924 Listed on: 02/23/2023

Real Broker, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x150
  • End Unit
  • Back Yard

Parking

  • Driveway

Home Design

  • Triplex
  • Craftsman Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Rear Stairs
  • Crown Molding
  • Insulated Windows
  • Open-Concept Dining Room
  • Vinyl Flooring
  • Unfinished Basement
  • Laundry in Basement

Kitchen

  • Microwave
  • Dishwasher
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Location

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

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $1,200
  • 12 Month Lease Term
  • $40 Application Fee
  • Assessor Parcel Number 14 013300200056

Community Details

Overview

  • Application Fee Required
  • East Point Subdivision

Pet Policy

  • 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: Unfurnished
  • Tenant Pays: All Utilities, Cable TV, Telephone
  • Credit Report Required: Yes
  • Deposit: 1200
  • Lease Term: 12 Months
  • Per Adult Dollar: 40.00
  • Pets Allowed: Yes
  • Application Fee Per Adult: Yes
  • Pet Deposit Dollar: 500.00
  • Deposit Required: Security

Listing Details

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

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Vinyl
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Crown Molding, High Speed Internet
  • Basement: Unfinished
  • Kitchen Features: Cabinets White
  • Common Walls: End Unit
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 850.00
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 850.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Rear Stairs

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools
  • Management: Professionally Managed
  • Subdivision Complex: East Point

Schools

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

Lot Info

  • Lot Features: Back Yard
  • Lot Dimensions: 50x150
  • Parcel Number: 14 013300200056
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 14-0133-0020-005-6
  • Close Date: 2023-03-18

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:

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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
03/18/2023 03/18/23 Rented $1,210 0.0% --
02/23/2023 02/23/23 For Rent $1,210 +10.0% --
09/04/2020 09/04/20 Rented $1,100 0.0% --
08/04/2020 08/04/20 Price Changed $1,100 -8.3% $1 / Sq Ft
06/25/2020 06/25/20 For Rent $1,200 -- --
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: 7180431

First Multiple Listing Service (FMLS)

APN: 14-0133-0020-005-6