NOT LISTED FOR SALE

1724 Wesley Way NW Conyers, GA 30012

Estimated Value: $252,438 - $398,000

6 Beds
3 Baths
-- Sq Ft
0.33 Acres

Last Sold November 27, 2018

Last sale price $170,000

Est. 89% increase in value since last sale

Current estimated payment $2,074/month

Highlights

  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Level Lot
  • High-Efficiency Water Heater

About This Home

As of November 2018

ALL UNITS ARE TENANT OCCUPIED - DO NOT DISTURB TENANTS - DRIVE BY ONLY UNTIL DUE DILIGENCE. NO LOCKBOX. GREAT INVESTMENT PROPERTY. SEPARATE GARAGES FOR EACH UNIT. NO HOA. PROFESSIONALLY MANAGED FOR 12 YEARS. EXCELLENT CASH FLOW INVESTMENT. PRICED BELOW RECENT APPRAISAL. FRESHLY PAINTED EXTERIOR. MUST CLOSE WITH GILROY FIRM.

Last Agent to Sell the Property

Mark Lackey

NOT A VALID MEMBER License #284933 Listed on: 08/24/2018

Last Buyer's Agent

Whitney Ward

Intuitive Management Partners License #372968

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Triplex
  • Composition Roof
  • Stucco

Parking

  • 2 Car Attached Garage
  • Driveway Level

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Pine Street Elementary School
  • Conyers Middle School
  • Rockdale County High School

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Separate Meters
  • High-Efficiency Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Northridge Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number C380010040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,671

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Property Condition: Resale
  • Year Built: 1973
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Heat Pump, Separate Meters
  • Heating: Central, Electric, Heat Pump
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Subdivision Complex: Northridge

Schools

  • Elementary School: Pine Street
  • Middle School: Conyers
  • High School: Rockdale County

Lot Info

  • Acres: 0.3300
  • Lot: 4
  • Land/Lot: 275&292
  • Lot Features: Level
  • Lot Dimensions: .28 acres
  • Parcel Number: C380010040
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Water Heater

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Tax Info

  • Taxes: 2671.00
  • Assessor Parcel Number: C38-0-01-0040
  • Close Date: 2018-11-27
  • Tax Year: 2017

MLS Schools

  • Elementary School: Pine Street
  • High School: Rockdale County
  • Middle School: Conyers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Nov 27, 2018
Sold by
1724 Wesley Way Land Trust
Bought by
Legacy Title Svcs Llc
Seller's Agent
Mark Lackey
NOT A VALID MEMBER
Buyer's Agent
Whitney Ward
Intuitive Management Partners
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Current Estimated Value
$320,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,860
Avg. Annual Appreciation
9.73%
Original Mortgage
$177,521
Outstanding Balance
$155,019
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$165,841

Purchase Details

Closed on
Jun 3, 2013
Sold by
Phelps Susan
Bought by
Freeport Title & Guaranty Inc

Purchase Details

Closed on
May 9, 2007
Sold by
Murphy Property Ventures Llc
Bought by
1724 Wesley Way Land Trust

Purchase Details

Closed on
Feb 5, 2007
Sold by
Murphy Property Ventures Llc
Bought by
Phelps Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Martin John E and Martin Tamor
Bought by
Phelps Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1998
Sold by
Patterson Alvis M
Bought by
Martin John E and Martin Tamor B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1993
Sold by
Nelson Norman F
Bought by
Patterson Alvis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,323
Interest Rate
7.39%
Mortgage Type
FHA
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
Legacy Title Svcs Llc -- --
Freeport Title & Guaranty Inc -- --
1724 Wesley Way Land Trust -- --
Phelps Susan -- --
Phelps Susan $184,000 --
Martin John E $133,000 --
Patterson Alvis M $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legacy Title Svcs Llc $177,521
Previous Owner Phelps Susan $180,000
Previous Owner Phelps Susan $147,200
Previous Owner Martin John E $119,700
Previous Owner Patterson Alvis M $76,323
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $170,000 -8.1% --
10/20/2018 10/20/18 Pending -- -- --
10/14/2018 10/14/18 For Sale $185,000 0.0% --
10/11/2018 10/11/18 For Sale $185,000 0.0% --
10/10/2018 10/10/18 Pending -- -- --
09/30/2018 09/30/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $185,000 0.0% --
08/28/2018 08/28/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $185,000 0.0% --
03/12/2014 03/12/14 Rented $625 0.0% --
03/12/2014 03/12/14 For Rent $625 -- --
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 $4,477 $102,960 $20,000 $82,960
2023 $2,773 $62,600 $4,200 $58,400
2022 $2,619 $57,960 $4,200 $53,760
2021 $2,700 $57,960 $4,200 $53,760
2020 $1,722 $34,400 $3,480 $30,920
2019 $1,743 $34,400 $3,480 $30,920
2018 $1,549 $34,360 $3,480 $30,880
2017 $2,671 $31,280 $3,480 $27,800
2016 $2,684 $31,280 $3,480 $27,800
2015 $1,425 $31,280 $3,480 $27,800
2014 $1,440 $31,280 $3,480 $27,800
2013 -- $46,200 $10,400 $35,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6062838

First Multiple Listing Service (FMLS)

APN: C38-0-01-0040