$315,000
SOLD JUN 17, 2024
-- Bed
-- Bath
1,984 Sq Ft
8,751 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Property is near public transit
  • Park
  • 1-Story Property
  • Community Playground
  • Restaurant
  • Central Heating and Cooling System

About This Home

As of June 2024

**East Point Duplex in Prime Location - Ideal Investment Opportunity!**

Description:
Welcome to your next investment gem located in the heart of East Point! This renovated duplex boasts an unbeatable location, just steps away from downtown East Point and the East Point MARTA Station, offering easy access to the world's busiest airport in just 2 stops. Each unit features 2 bedrooms and 1 bath, meticulously updated and currently occupied with tenants. With rents poised for increase, this property presents an excellent opportunity for rental income growth. Moreover, its proximity to major airlines like Delta and Southwest makes it an ideal crash pad or Airbnb hotspot. Don't miss out on this chance to secure a lucrative investment in one of Atlanta's most sought-after areas!

Let me know if you'd like any adjustments or additional details included!

Last Agent to Sell the Property

Derrick Duckworth

Call It Closed International Realty License #284748 Listed on: 05/16/2024

Call It Closed International Realty

Last Buyer's Agent

Harrison Thornhill

RE/MAX Metro Atlanta Cityside License #371236

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,592

Year Built

  • Built in 1930

Lot Details

  • 8,751 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Parking

  • 2 Parking Spaces
  • Driveway Level

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Asa Hilliard Elementary School
  • Paul D. West Middle School
  • Tri-Cities High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 015700070054

Community Details

Overview

  • 2 Units
  • Frog Hollow Subdivision

Amenities

  • Restaurant

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,592

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1930
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Tile
  • Fencing: Back Yard
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Level Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Near Public Transport, Near Schools, Near Shopping, Park, Playground, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Frog Hollow

Schools

  • Elementary School: Asa Hilliard
  • Middle School: Paul D. West
  • High School: Tri-Cities

Lot Info

  • Acres: 0.2009
  • Land/Lot: 150
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 14 015700070054
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 3592.00
  • Assessor Parcel Number: 14-0157-0007-005-4
  • Close Date: 2024-06-17
  • Tax Year: 2023

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Asa Hilliard
  • High School: Tri-Cities
  • Middle School: Paul D. West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 17, 2024
Sold by
Byron Pittam Ira #1521502
Bought by
Ferreira Maritza Engracia
Seller's Agent
Derrick Duckworth
Call It Closed International Realty
Buyer's Agent
Harrison Thornhill
RE/MAX Metro Atlanta Cityside
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Total Days on Market
2
Views
6
Current Estimated Value
$304,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,067
Avg. Annual Appreciation
-3.26%
Original Mortgage
$304,486
Outstanding Balance
$302,196
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$2,737

Purchase Details

Closed on
Feb 26, 2016
Sold by
Nicholas Lawrence
Bought by
Nicholas Lawrence and Advanta Ira Asministration Llc Fbo

Purchase Details

Closed on
Aug 23, 2006
Sold by
Robinson James R and Robinson Mae E
Bought by
Nicholas Lawrence and Nicholas Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,627
Interest Rate
8.98%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $315,000 --
Warranty Deed $95,000 --
Deed $188,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,486 New Conventional
Previous Owner $169,627 New Conventional
Previous Owner $91,200 Stand Alone Second
Previous Owner $90,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $315,000 0.0% $159 / Sq Ft
06/07/2024 06/07/24 Sold $315,000 -3.1% $159 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/19/2024 05/19/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $325,000 0.0% $164 / Sq Ft
05/16/2024 05/16/24 For Sale $325,000 0.0% $164 / Sq Ft
11/01/2023 11/01/23 Rented $1,200 0.0% --
10/05/2023 10/05/23 Price Changed $1,200 -7.7% $1 / Sq Ft
08/25/2023 08/25/23 For Rent $1,300 -- --
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
2023 $3,871 $137,160 $35,320 $101,840
2022 $1,621 $61,600 $10,360 $51,240
2021 $2,599 $61,600 $10,360 $51,240
2020 $3,499 $91,360 $10,360 $81,000
2019 $1,319 $89,760 $10,200 $79,560
2018 $683 $24,200 $4,880 $19,320
2017 $679 $23,280 $4,680 $18,600
2016 $679 $23,280 $4,680 $18,600
2015 $1,143 $23,280 $4,680 $18,600
2014 $714 $23,280 $4,680 $18,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7387354

First Multiple Listing Service (FMLS)

APN: 14-0157-0007-005-4