$288,000 - $324,000
RENTED APR 15, 2025

1512 Flat Shoals Rd Atlanta, GA 30349

4 Beds
2 Baths
1,894 Sq Ft
$163 Price per Sq Ft

Last Sold August 30, 2013

Last sale price $40,000 $21 Per Sq Ft

Est. 673% increase in value since last sale

Current estimated payment $1,947/month

About This Home

As of August 2013

Discover the ideal blend of charm and functionality in this fully renovated 6-bedroom, 4-bathroom home—perfect for house hacking, dual rental income, or multi-generational living. Whether you're an investor or looking for a spacious family home, this property offers flexibility and style on an expansive 2.39-acre lot.Property Highlights:Dual Living Units:Main Home: 4 bedrooms and 2 bathrooms provide a comfortable, modern living space.Detached ADU: An independent 2-bedroom, 2-bathroom unit ideal for guests, rental income, or multi-generational living.Modern Renovation:Enjoy new flooring throughout, a sleek modern kitchen with ample counter space, and updated bathrooms finished with contemporary fixtures.Sprawling Setting:Set on 2.39 acres, the property offers plenty of outdoor space for gardening, play, or simply enjoying the tranquility of College Park.Versatile Living Options:Perfect for those interested in house hacking, investors seeking dual rental income, or families desiring a setup for multi-generational living.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Cole Freddie
Bought by
Fortune Home Investments Llc
Current Estimated Value
$309,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Outstanding Balance
$104,123
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$217,318

Purchase Details

Closed on
Feb 29, 2016
Sold by
Tarver Larry
Bought by
Cole Freddie and Cole Lanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,563
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2013
Closed on
Aug 30, 2013
Sold by
Lang Matthew
Bought by
Terver Larry
Seller's Agent
Jude Rasmus
Rasmus Real Estate Group, Inc.
Buyer's Agent
Trish L. Myrick
Century 21 Results
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.39%

Purchase Details

Closed on
Nov 6, 2012
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Dec 1, 2008
Sold by
Terrell David D
Bought by
Mcgill Eugene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,325
Interest Rate
6.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Fortune Home Investments Llc $162,500 --
Cole Freddie $90,000 --
Terver Larry -- --
Lang Matthew $40,000 --
Secretary Of Housing And Urban $28,800 --
Wells Fargo Bank Na -- --
Mcgill Eugene M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortune Home Investments Llc $205,000
Previous Owner Cole Freddie $89,563
Previous Owner Mcgill Eugene M $124,325
Previous Owner Terrell David D $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Rented $2,500 0.0% --
04/14/2025 04/14/25 Under Contract -- -- --
04/07/2025 04/07/25 For Rent $2,500 0.0% --
08/30/2013 08/30/13 Sold $40,000 0.0% $21 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $40,000 -- $21 / Sq Ft

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 $2,530 $74,840 $17,240 $57,600
2023 $1,876 $68,320 $17,240 $51,080
2022 $1,647 $51,960 $17,240 $34,720
2021 $1,262 $41,960 $17,240 $24,720
2020 $1,095 $37,380 $18,818 $18,562
2019 $1,035 $35,505 $18,818 $16,687
2018 $1,027 $35,310 $18,818 $16,492
2017 $537 $23,200 $11,600 $11,600
2016 $944 $23,200 $11,600 $11,600
2015 $1,279 $0 $0 $0
2014 $636 $16,827 $15,600 $1,227
Source: Public Records

Agents Affiliated with this Home

  • Liban Ismael

    Seller's Agent in 2025

    Liban Ismael

    Realty of America, LLC

    (404) 952-8147

    1 in this area

    11 Total Sales

    Liban Ismael
    Section Image
  • Jude Rasmus

    Seller's Agent in 2013

    Jude Rasmus

    Rasmus Real Estate Group, Inc.

    (470) 412-9357

    1 in this area

    708 Total Sales

    Jude Rasmus
    Section Image

  • E

    Seller Co-Listing Agent in 2013

    Evan Beattie

    NOT A VALID MEMBER

  • Trish L. Myrick

    Buyer's Agent in 2013

    Trish L. Myrick

    Century 21 Results

    (404) 819-4495

    80 Total Sales

    Trish L. Myrick
    Section Image
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Map

Georgia Clayton County Atlanta 30296

1512 Flat Shoals Rd, Atlanta, GA

This home is located at 1512 Flat Shoals Rd, Atlanta, GA 30349 and is currently estimated at $309,258, approximately $163 per square foot. 1512 Flat Shoals Rd is a home located in Clayton County with nearby schools including Martin Luther King- Jr. Elementary School, North Clayton Middle School, and North Clayton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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