$302,500
SOLD FEB 28, 2022

1672 Thornton Place SW Atlanta, GA 30315

Joyland Neighborhood
-- Bed
-- Bath
1,145 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$264 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of February 2022

Turnkey SECTION 8 generating $2850 monthly in GUARANTEED income. This renovated cash cow has two units featuring NEW roof, floors, windows, HVAC systems, and upgraded kitchens bathrooms. Unit A (2 bedrooms/1 bathroom) and Unit B (1 bedroom & bonus room/1 bathroom) are generating $1550 and $1300, respectively. Landlord pays for all utilities. Centralized location within minutes to downtown, Beltline, and Airport. Sold as is, where is. Close with McLain & Merritt as title is ready.

Last Agent to Sell the Property

GABRIEL BETTSACK

Keller Williams Realty Atlanta North License #328792 Listed on: 02/03/2022

Keller Williams Realty Atlanta North

Last Buyer's Agent

Tony Tran

Atlanta Communities License #393253

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $329

Year Built

  • Built in 1958 | Remodeled

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Parking Pad

Schools

  • Slater Elementary School
  • Price Middle School
  • Carver High School

Additional Features

  • 6,970 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Tip Top Subdivision

Listing and Financial Details

  • The owner pays for electricity, garbage, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$329

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .16
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Price Per Square Foot: 1890625

Exterior Features

  • Construction Materials: Vinyl Siding
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Slater
  • High School: Carver
  • Middle School: Price
  • Elementary School: Slater
  • Middle School: Price
  • High School: Carver

Rental Info

  • Owner Pays: Electricity, Garbage, Sewer, Water

Tax Info

  • Year: 2020
  • Tax Annual Amount: 329

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 28, 2022
Sold by
Peach Home Relief Llc
Bought by
Nexus Dos Llc
Seller's Agent
GABRIEL BETTSACK
Keller Williams Realty Atlanta North
Buyer's Agent
Tony Tran
Atlanta Communities
List Price
$310,000
Sold Price
$302,500
Premium/Discount to List
-$7,500
-2.42%
Current Estimated Value
$317,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,258
Avg. Annual Appreciation
1.15%

Purchase Details

Closed on
Oct 27, 2021
Sold by
Peachtree City Financial Llc
Bought by
Peach Home Relief Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $302,500 --
Limited Warranty Deed $121,500 --
Warranty Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,000 New Conventional
Previous Owner $15,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $302,500 -2.4% $264 / Sq Ft
02/03/2022 02/03/22 For Sale $310,000 -- $271 / Sq Ft
Source: Georgia MLS

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 $2,796 $87,680 $18,320 $69,360
2023 $2,796 $81,360 $28,920 $52,440
2022 $1,818 $44,920 $10,320 $34,600
2021 $382 $39,800 $14,320 $25,480
2020 $329 $34,920 $8,280 $26,640
2019 $486 $26,920 $3,680 $23,240
2018 $16 $7,400 $1,720 $5,680
2017 $12 $7,080 $1,640 $5,440
2016 $12 $7,080 $1,640 $5,440
2015 $486 $7,080 $1,640 $5,440
2014 $12 $7,080 $1,640 $5,440
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    GABRIEL BETTSACK

    Keller Williams Realty Atlanta North

    (404) 410-0994

    1 in this area

    56 Total Sales

    Section Image
  • Tony Tran

    Buyer's Agent in 2022

    Tony Tran

    Atlanta Communities

    (678) 900-8363

    1 in this area

    72 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10018106

Georgia MLS

APN: 14-0089-0004-043-1

Georgia Fulton County Atlanta 30315 Joyland

1672 Thornton Place SW, Atlanta, GA

This home is located at 1672 Thornton Place SW, Atlanta, GA 30315 and is currently priced at $302,500, approximately $264 per square foot. This property was built in 1958. 1672 Thornton Place SW is a home located in Fulton County with nearby schools including Slater Elementary School, Price Middle School, and Carver 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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