NOT LISTED FOR SALE

169 Forest Ave NE Marietta, GA 30060

Estimated Value: $495,000 - $1,196,323

10 Beds
10 Baths
-- Sq Ft
0.75 Acres

Last Sold May 16, 2018

Last sale price $600,000

Est. 40% increase in value since last sale

Current estimated payment $4,707/month

Highlights

  • Property is near shops
  • Level Lot
  • 4-minute walk to Hill Park
  • West Side Elementary School Rated A

About This Home

As of May 2018

HIghest and Best by Thursday, March 8 @ 6pm. UNIQUE INVESTMENT OPPORTUNITY VERY NEAR MARIETTA SQUARE. CHARMING UNIQUE APT PROPERTY WITH 9 UNITS IN 3 BUILDINGS. $84,000+ GROSS ANNUAL RENT. ALL UNITS LEASED. HISTORIC PROPERTY FEATURES HARDWOOD FLOORS; CLAW FOOT TUBS & SCREEN PORCHES. DO NOT DISTURB TENANTS. AS-IS.

Last Agent to Sell the Property

Anne Gilmartin

Atlanta Communities License #165279 Listed on: 02/12/2018

Atlanta Communities

Last Buyer's Agent

Joanna Benson

NOT A VALID MEMBER License #341970

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1945

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 349x85
  • Level Lot

Home Design

  • Frame Construction

Parking

  • 1 Parking Space
  • Varies By Unit

Location

  • Property is near shops

Schools

  • West Side - Cobb Elementary School
  • Marietta Middle School
  • Marietta High School

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 16116001160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,173

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Shopping

Schools

  • Elementary School: West Side - Cobb
  • Middle School: Marietta
  • High School: Marietta

Lot Info

  • Acres: 0.7500
  • Lot Features: Level
  • Lot Dimensions: 349x85
  • Parcel Number: 16116001160
  • Property Attached Yn: No

Tax Info

  • Taxes: 1173.00
  • Assessor Parcel Number: 16-1160-0-116-0
  • Close Date: 2018-05-16
  • Tax Year: 2017

Multi Family

  • Number Of Units Total: 9

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: West Side - Cobb
  • High School: Marietta
  • Middle School: Marietta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
May 16, 2018
Sold by
Neher Cathy S
Bought by
Benson Investments Lp
Seller's Agent
Anne Gilmartin
Atlanta Communities
Buyer's Agent
Joanna Benson
NOT A VALID MEMBER
List Price
$749,989
Sold Price
$600,000
Premium/Discount to List
-$149,989
-20%
Current Estimated Value
$842,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,831
Avg. Annual Appreciation
4.71%

Purchase Details

Closed on
Jun 27, 2014
Sold by
Preston Marian Neher
Bought by
Neher Cathy S and Neher Gary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,680
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2013
Sold by
Walston Thomas Frederic
Bought by
Neher Cathy S and Neher Gary B
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 Buyer Sale Price Title Company
Benson Investments Lp $600,000 --
Benson Investments Lp $600,000 --
Neher Cathy S -- --
Neher Cathy S -- --
Neher Cathy S $339,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neher Cathy S $336,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $600,000 -20.0% --
03/08/2018 03/08/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $749,989 0.0% --
02/22/2018 02/22/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $749,989 -- --
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 $2,858 $337,880 $74,000 $263,880
2023 $2,507 $296,384 $68,000 $228,384
2022 $1,936 $228,848 $68,000 $160,848
2021 $1,966 $228,848 $68,000 $160,848
2020 $1,880 $218,848 $58,000 $160,848
2019 $1,748 $203,440 $56,000 $147,440
2018 $1,462 $170,228 $52,000 $118,228
2017 $1,173 $170,228 $52,000 $118,228
2016 $1,044 $151,480 $44,000 $107,480
2015 $1,019 $135,820 $39,260 $96,560
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Anne Gilmartin

    Atlanta Communities

    (770) 403-5168

    13 Total Sales

    Anne Gilmartin
    Section Image

  • J

    Buyer's Agent in 2018

    Joanna Benson

    NOT A VALID MEMBER

    (678) 643-3174

    Joanna Benson
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5964159

First Multiple Listing Service (FMLS)

APN: 16-1160-0-116-0

Georgia Cobb County Marietta 30060

169 Forest Ave NE, Marietta, GA

This home is located at 169 Forest Ave NE, Marietta, GA 30060 since 12 February 2018 and is currently estimated at $842,831. This property was built in 1945. 169 Forest Ave NE is a home located in Cobb County with nearby schools including West Side Elementary School, Marietta Sixth Grade Academy, and Marietta Middle School.

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