NOT LISTED FOR SALE
2 Beds
1 Bath
-- Sq Ft
0.7 Acre Lot

Sale Details

Date Sold: June 29, 2020

Last sale price $940,000

31 Days on Market

Highlights

  • 0.7 Acre Lot
  • Four Sided Brick Exterior Elevation
  • Wrought Iron Fence
  • Property is near public transit, schools, and shops
  • Central Heating and Cooling System

About This Home

As of June 2020

Do not miss this great income opportunity! This 10-unit building is conveniently located in Decatur, mere minutes away from downtown Decatur, CDC, Emory, downtown Atlanta, shopping, highways and so much more. Seven of the 10 units have been completely renovated, including granite countertops, an undermounted kitchen sink, new kitchen cabinetry, new lighting fixtures, paint, and vinyl luxury plank flooring throughout. Additionally, the bathrooms are outfitted with low-flow fixtures, new vanities, and shower/bathtub combos. Each unit has a new water heater. Most of the work has been done for you including a newer roof that is in excellent condition! The building sits on a three-quarter acre lot, with lots of greenspace. Purchasing here means buying in an area where property values have steadily increased at a higher than average rate. There is a high rental market demand here that makes renting these units easy! For added convenience, there is onsite laundry facilities. Come see it all for yourself! This property is being SOLD AS-IS.

Last Agent to Sell the Property

Kaya Trail

Keller Williams Realty Metro Atlanta License #385229 Listed on: 04/13/2020

Keller Williams Realty Metro Atlanta

Co-Listed By

Adelaide Farrow

NOT A VALID MEMBER License #372959

Last Buyer's Agent

Juanita Davis

NOT A VALID MEMBER License #392228

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,593

Year Built

  • Built in 1952

Lot Details

  • 30,492 Sq Ft Lot
  • Wrought Iron Fence

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property

Parking

  • Paved Parking
  • Parking Lot

Location

  • Property is near public transit, schools, and shops
  • Property is walking distance to MARTA

Schools

  • Peachcrest Elementary School
  • Mary Mcleod Bethune Middle School
  • Towers High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • 10 Units
  • Columbia Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / I
  • Assessor Parcel Number 15 201 09 002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,593

Year Built

Built in 1952

Lot Details

0.7 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1952
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Wrought Iron

Garage/Parking

  • Parking Features: Parking Lot, Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Public Transportation
  • Subdivision Complex: Columbia Acres

Lot Info

  • Acres: 0.7000
  • Lot: 21
  • Plat Book: 11
  • Plat Page: 88
  • Lot Dimensions: x
  • Parcel Number: 15 201 09 002
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5593.00
  • Tax Year: 2019

Multi Family

  • Number Of Units Total: 10

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Peachcrest
  • High School: Towers
  • Middle School: Mary McLeod Bethune

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Jun 29, 2020
Sold by
Bought by
Seller's Agent
Kaya Trail
Keller Williams Realty Metro Atlanta
Buyer's Agent
Juanita Davis
NOT A VALID MEMBER
List Price
$1,050,000
Sold Price
$940,000
Premium/Discount to List
-$110,000
-10.48%

Purchase Details

Closed on
Sep 30, 2019
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
0.0373%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2013
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$940,000 --
-- --
$560,000 --
-- --
$305,000 --
$250,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $305,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $940,000 -3.6% --
05/14/2020 05/14/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $975,000 -7.1% --
04/13/2020 04/13/20 For Sale $1,050,000 -- --
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,752 $393,480 $67,800 $325,680
2024 $17,711 $393,480 $67,800 $325,680
2023 $17,711 $393,480 $67,800 $325,680
2022 $17,510 $393,480 $67,800 $325,680
2021 $16,743 $376,000 $67,720 $308,280
2020 $10,071 $224,000 $67,800 $156,200
2019 $5,593 $121,972 $67,932 $54,040
2018 $5,889 $121,972 $67,932 $54,040
2017 $6,343 $121,972 $67,932 $54,040
2016 $6,119 $133,040 $74,080 $58,960
2014 $5,362 $133,040 $74,080 $58,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6710017

First Multiple Listing Service (FMLS)
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