NOT LISTED FOR SALE

1812 Glenview Dr SW Atlanta, GA 30331

Heritage Valley Neighborhood

Estimated Value: $211,000 - $282,000

8 Beds
2 Baths
2,338 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $270,000 $115 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,530/month

21 Days on Market

Highlights

  • City View
  • No HOA
  • Laundry Room
  • Ranch Style House
  • Breakfast Area or Nook
  • Tile Flooring

About This Home

As of March 2024

Turnkey rental, fully leased at $5,500 per month in gross rental income ($67,000+ per year), this seasoned PadSplit coliving home in the City of Atlanta offers a unique combination of cash flow and turnkey management in a sought-after location. At a 14% cap rate with a leveraged ROI of 25%+, this is an unbeatable investment, sold As-Is! This home is in the beautiful Heritage Valley neighborhood, no HOA and close to interstates and major arterials, ensuring superb connectivity. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution.

Last Agent to Sell the Property

Josh Stanton

Keller Williams Realty License #379772 Listed on: 01/24/2024

Keller Williams Realty

Last Buyer's Agent

Jeff Stewart

LOCAL Realty License #351821

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1960

Lot Details

  • 0.45 Acre Lot
  • Back Yard Fenced

Parking

  • Carport

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,338 Sq Ft Home
  • Roommate Plan
  • City Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Location

  • Property is near shops
  • City Lot

Schools

  • Fickett Elementary School
  • Bunche Middle School
  • Therrell High School

Utilities

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

Community Details

  • No Home Owners Association
  • Heritage Valley Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / F

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,659

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 14
  • Year Built: 1960
  • ArchitecturalStyle: Brick 4 Side, Ranch
  • Financing Type: Other
  • Levels: Multi/Split
  • Lot Size Acres: .45
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2338
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Bedrooms: 8
  • Basement: None
  • Total Finished Sq Ft: 2338
  • Above Grade Finished Sq Ft: 2338
  • Interior Amenities: Roommate Plan
  • Full Bathrooms: 2
  • Flooring: Tile, Laminate
  • Kitchen Features: Breakfast Area
  • Price Per Square Foot: 115.48

Beds/Baths

  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Lot Features: City Lot
  • Property Condition: Resale
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fickett
  • High School: Therrell
  • High School Bus: Yes
  • Middle School: Bunche
  • Middle School Bus: Yes
  • Elementary School: Fickett
  • Middle School: Bunche
  • High School: Therrell

Lot Info

  • Land Lot: 250
  • Lot: 14
  • Deed Book: 60201
  • Deed Page: 325
  • Plat Book: 77
  • Plat Page: 30

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1659

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Mar 19, 2024
Sold by
Ay2 Llc
Bought by
Mrbr Llc
Seller's Agent
Josh Stanton
Keller Williams Realty
Buyer's Agent
Jeff Stewart
LOCAL Realty
List Price
$269,000
Sold Price
$270,000
Premium/Discount to List
$1,000
0.37%
Views
217
Current Estimated Value
$244,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,938
Avg. Annual Appreciation
-6.35%
Original Mortgage
$216,000
Outstanding Balance
$212,612
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$31,450

Purchase Details

Listed on
Feb 19, 2019
Closed on
Jun 21, 2019
Sold by
Giddens Mary
Bought by
Ay2 Llc
Seller's Agent
Nukey Richards
NOT A VALID MEMBER
Buyer's Agent
Michael Brock
Foundations Realty Group, LLC
List Price
$140,000
Sold Price
$127,500
Premium/Discount to List
-$12,500
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%

Purchase Details

Closed on
Jul 20, 1998
Sold by
Kier Richard A
Bought by
Gidders Andrew and Gidders Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,362
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1995
Sold by
Secretary Of Hud
Bought by
Kier Richard A

Purchase Details

Closed on
Feb 7, 1995
Sold by
Kislak Naitonal Bank
Bought by
Secretary Of Hud
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
Mrbr Llc $270,000 --
Ay2 Llc $127,500 --
Gidders Andrew $110,000 --
Kier Richard A -- --
Secretary Of Hud $93,900 --
Kislak National Bank $93,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mrbr Llc $216,000
Previous Owner Gidders Andrew $107,362
Closed Kier Richard A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2024 03/19/24 Sold $270,000 +0.4% $115 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $269,000 +111.0% $115 / Sq Ft
07/21/2019 07/21/19 Sold $127,500 -8.9% $77 / Sq Ft View Prior Sale
06/04/2019 06/04/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $140,000 0.0% $84 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $140,000 -- $84 / 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 $2,770 $86,840 $22,160 $64,680
2023 $3,595 $86,840 $22,160 $64,680
2022 $1,640 $40,520 $8,640 $31,880
2021 $1,641 $40,520 $8,640 $31,880
2020 $1,411 $40,520 $8,640 $31,880
2019 $491 $40,520 $8,640 $31,880
2018 $52 $24,800 $6,360 $18,440
2017 $41 $23,880 $6,120 $17,760
2016 $42 $23,880 $6,120 $17,760
2015 $536 $23,880 $6,120 $17,760
2014 $40 $23,880 $6,120 $17,760
Source: Public Records

Agents Affiliated with this Home

  • Josh Stanton

    Seller's Agent in 2024

    Josh Stanton

    Keller Williams Realty

    (678) 929-5949

    1 in this area

    237 Total Sales

    Josh Stanton
    Section Image
  • Jeff Stewart

    Buyer's Agent in 2024

    Jeff Stewart

    LOCAL Realty

    (770) 874-6200

    1 in this area

    68 Total Sales

    Jeff Stewart
    Section Image

  • N

    Seller's Agent in 2019

    Nukey Richards

    NOT A VALID MEMBER

    Section Image
  • Michael Brock

    Buyer's Agent in 2019

    Michael Brock

    Foundations Realty Group, LLC

    (404) 376-3389

    1,178 Total Sales

    Michael Brock
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10244894

Georgia MLS

APN: 14-0250-0004-036-8

Georgia Fulton County Atlanta 30311 Heritage Valley

1812 Glenview Dr SW, Atlanta, GA

This home is located at 1812 Glenview Dr SW, Atlanta, GA 30331 since 24 January 2024 and is currently estimated at $244,062, approximately $104 per square foot. This property was built in 1960. 1812 Glenview Dr SW is a home located in Fulton County with nearby schools including Fickett Elementary School, Bunche Middle School, and Therrell 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.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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