NOT LISTED FOR SALE

1525 Whitfield St SE Smyrna, GA 30080

Estimated Value: $720,000 - $811,000

8 Beds
8 Baths
4,474 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $534,000 $119 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,918/month

7 Days on Market

Highlights

  • Fitness Center
  • 0.5 Acre Lot
  • Wooded Lot
  • Campbell High School Rated A-
  • Property is walking distance to MARTA
  • 1-minute walk to Whitfield Park

About This Home

As of May 2020

Prime location in Williams Park Smyrna. Walk to Restaurants and shopping and schools. Excellent Investment on Rare Newer Quadraplex. Four large two bedroom, two bath units. Features include master on main, two story living room with fireplace, two master bedrooms, granite counter tops, and hardwood floors. Upside rent potential at $1,500 monthly. Solid investment at 11 CAP Rate. Even better cash on cash return! Assumable VA loan at 4 percent rate. No owner finance. Well maintained. Spin off Cash for long time to come. Financial Freedom.

Last Listed By

Kevin Jordan

Keller Williams Realty Cityside License #182495 Listed on: 03/20/2020

Keller Williams Realty Cityside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,060

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 106 x 197 x 00 x 170
  • Wood Fence
  • Back Yard Fenced
  • Level Lot
  • Wooded Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Insulated Windows

Parking

  • 8 Car Detached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Location

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

Schools

  • Smyrna Elementary School
  • Campbell Middle School
  • Campbell High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 17059200190

Community Details

Overview

  • 4 Units
  • Historic Williams Park Subdivision

Amenities

  • Restaurant

Recreation

  • Fitness Center
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,060

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1985
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Washer/Dryer
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Composition
  • Fencing: Back Yard, Wood

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking Features: Detached, Driveway, Level Driveway, Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Fitness Center, Near Marta, Near Schools, Near Shopping, Park, Restaurant, Street Lights
  • Subdivision Complex: Historic Williams Park

Fee Information

  • Annual Expenses: 7000

Schools

  • Elementary School: Smyrna
  • Middle School: Campbell
  • High School: Campbell

Lot Info

  • Acres: 0.5000
  • Lot: 19
  • Land/Lot: 0592
  • Section G M D: 2
  • Deed Book: 14713
  • Deed Page: 5371
  • Plat Book: 14713
  • Plat Page: 5371
  • Lot Features: Level, Wooded
  • Lot Dimensions: 106 X 197 X 00 X 170
  • Parcel Number: 17059200190
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows
  • Green Energy Generation: None

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 4060.00
  • Assessor Parcel Number: 17-0592-0-019-0
  • Close Date: 2020-05-15
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Smyrna
  • High School: Campbell
  • Middle School: Campbell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
May 12, 2020
Sold by
Williams Christopher
Bought by
Kang Eunha
Seller's Agent
Kevin Jordan
Keller Williams Realty Cityside
Buyer's Agent
Man Ki Chong
US Realty Investment Group, LLC
List Price
$499,900
Sold Price
$534,000
Premium/Discount to List
$34,100
6.82%
Total Days on Market
7
Current Estimated Value
$760,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,115
Avg. Annual Appreciation
7.30%
Original Mortgage
$390,000
Outstanding Balance
$349,351
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$410,764

Purchase Details

Closed on
Jul 17, 2009
Sold by
Klepp David E
Bought by
Williams Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,310
Interest Rate
5.37%
Mortgage Type
VA

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
Kang Eunha $534,000 None Available
Williams Christopher $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kang Eunha $390,000
Previous Owner Williams Christopher $343,001
Previous Owner Williams Christopher $347,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $534,000 +6.8% $119 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $499,900 0.0% $112 / Sq Ft
06/10/2015 06/10/15 Rented $1,100 0.0% --
06/10/2015 06/10/15 For Rent $1,100 -- --
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
2024 $8,453 $311,212 $78,964 $232,248
2023 $6,696 $246,528 $73,924 $172,604
2022 $6,133 $224,160 $73,924 $150,236
2021 $5,836 $212,280 $72,244 $140,036
2020 $4,199 $152,732 $60,484 $92,248
2019 $4,060 $147,692 $55,444 $92,248
2018 $3,802 $138,312 $52,084 $86,228
2017 $3,350 $129,912 $43,684 $86,228
2016 $3,177 $123,192 $36,964 $86,228
2015 $3,080 $116,668 $31,920 $84,748
2014 $2,931 $109,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6699434

First Multiple Listing Service (FMLS)

APN: 17-0592-0-019-0