NOT LISTED FOR SALE

1525 Seaboard Rd Unit 2 Gainesville, GA 30507

Southeast Gainesville Neighborhood

Estimated Value: $293,000 - $394,000

8 Beds
4 Baths
3,114 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 20, 2013

Last sale price $43,000 $14 Per Sq Ft

Est. 669% increase in value since last sale

Current estimated payment $1,933/month

18 Days on Market

About This Home

As of June 2013

Quadruplex short sale pre-approved. 1 Building with 4 apartments 2BR/1BA each. 2 apartments on main level and 2 in basement. Good income producing property for the right investor. All terms pending Lender's Approval.

Last Agent to Sell the Property

Carmen Delgado

La Rosa Realty Georgia License #294725 Listed on: 04/18/2013

La Rosa Realty Georgia

Last Buyer's Agent

Carmen Delgado

La Rosa Realty Georgia License #294725 Listed on: 04/18/2013

La Rosa Realty Georgia

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 2 Acre Lot
  • Cul-De-Sac

Parking

  • Driveway

Home Design

  • Quadruplex
  • Composition Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Gainesville Exploration Academy Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 1525SeaboardRD

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1950
  • Special Features: 12

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 8
  • Total Full Baths: 4

Exterior Features

  • Construction Materials: Aluminum Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available

Lot Info

  • Acres: 2.0000
  • Lot: 142
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 1.07
  • Parcel Number: 1525SeaboardRD
  • Property Attached Yn: No

Tax Info

  • Taxes: 1165.00
  • Tax Year: 2012

MLS Schools

  • Elementary School: Gainesville Exploration Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Success Is Mine Inc
Bought by
Smith Luvard A
Current Estimated Value
$330,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,300
Outstanding Balance
$378,331
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$47,664

Purchase Details

Closed on
Aug 4, 2017
Sold by
Verlander Theodore
Bought by
Success Is Mine Inc

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jun 20, 2013
Sold by
Rampersaud Tirbhowan
Bought by
Verlander Theodore
Seller's Agent
Carmen Delgado
La Rosa Realty Georgia
Buyer's Agent
Carmen Delgado
La Rosa Realty Georgia
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.77%

Purchase Details

Closed on
Mar 7, 2002
Sold by
Tate Marion
Bought by
Rampersaud Tirbhowan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Luvard A -- --
Success Is Mine Inc $40,000 --
Verlander Theodore $43,000 --
Rampersaud Tirbhowan $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Luvard A $380,300
Previous Owner Rampersaud Tirbhowan $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2013 06/20/13 Sold $43,000 -13.8% $14 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $49,900 -- $16 / Sq Ft
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 $2,312 $93,960 $31,200 $62,760
2024 $2,223 $87,080 $30,560 $56,520
2023 $2,181 $85,360 $30,560 $54,800
2022 $1,602 $59,360 $11,800 $47,560
2021 $1,528 $55,440 $13,480 $41,960
2020 $1,548 $54,560 $10,080 $44,480
2019 $733 $24,160 $10,080 $14,080
2018 $525 $22,960 $10,400 $12,560
2017 $823 $26,840 $10,400 $16,440
2016 $785 $26,135 $8,840 $17,295
2015 $621 $26,135 $8,840 $17,295
2014 $621 $26,135 $8,840 $17,295
Source: Public Records

Agents Affiliated with this Home

  • Carmen Delgado

    Seller's Agent in 2013

    Carmen Delgado

    La Rosa Realty Georgia

    (678) 778-2022

    11 in this area

    61 Total Sales

    Carmen Delgado
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5137342

First Multiple Listing Service (FMLS)

APN: 00-00142-01-025

Georgia Hall County Gainesville 30507 Southeast Gainesville

1525 Seaboard Rd Unit 2, Gainesville, GA

Not Listed for Sale

MultiFamily

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