NOT LISTED FOR SALE

1840 Addison Rd NE Marietta, GA 30066

Estimated Value: $347,000 - $488,058

2 Beds
2 Baths
1,300 Sq Ft
$311/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $495,000 $381 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,458/month

104 Days on Market

Highlights

  • Deck
  • Country Style Home
  • 1-Story Property
  • Kincaid Elementary School Rated A
  • No HOA
  • Central Air

About This Home

As of June 2024

Unique opportunity for investor or owner/user to purchase up to 1.75 acres in the heart of Cobb County, less than 2 miles from I-75 and centrally located between downtown Marietta and East Cobb. Tenant occupied house currently on the property providing good cash flow. Property is being marketed as a residential income property or as a potential assemblage with a second property, 1073 Sandy Plains, which is located to the south of the property. Property is currently zoned residential, but 75% of property is located in the NS (Neighborhood Shopping) zoning overlay. Level lot, when combined with the neighboring lot on Sandy Plains, provides buyer with numerous development opportunities - self storage, medical office, convenience/package store, or possibly multi-family.

Last Agent to Sell the Property

Troy McMahan

Atlanta Communities License #411992 Listed on: 10/03/2023

Atlanta Communities

Last Buyer's Agent

Melody Unger

Keller Williams Realty Cityside License #52060

Keller Williams Realty Cityside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,543

Year Built

  • Built in 1952

Lot Details

  • 0.88 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Country Style Home
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Fire and Smoke Detector
  • Cooktop
  • Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Bells Ferry Elementary School
  • Daniell Middle School
  • Sprayberry High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 220 Volts
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,543

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • ArchitecturalStyle: Country/Rustic
  • Electric: 220 Volts
  • Financing Type: Seller Financing
  • Levels: One
  • Lot Size Acres: .88
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1300
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop
  • Bedrooms: 2
  • Basement: Concrete, None
  • Total Finished Sq Ft: 1300
  • Above Grade Finished Sq Ft: 1300
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Other
  • Price Per Square Foot: 380.769

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • Lot Features: Level
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Bells Ferry
  • High School: Sprayberry
  • High School Bus: No
  • Middle School: Daniell
  • Middle School Bus: No
  • Elementary School: Bells Ferry
  • Middle School: Daniell
  • High School: Sprayberry

Lot Info

  • Deed Book: 155576
  • Deed Page: 3062

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2543

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Jun 21, 2024
Sold by
Alfaro Juan A
Bought by
Alfaro Juan and Gonzalez Karina Elizabeth
Seller's Agent
Troy McMahan
Atlanta Communities
Buyer's Agent
Melody Unger
Keller Williams Realty Cityside
List Price
$750,000
Sold Price
$495,000
Premium/Discount to List
-$255,000
-34%
Views
102
Current Estimated Value
$404,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,485
Avg. Annual Appreciation
-12.42%
Original Mortgage
$100,000
Outstanding Balance
$87,158
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Estimated Equity
$330,550

Purchase Details

Closed on
Sep 17, 2018
Sold by
Suarez George E
Bought by
Hummel Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jun 2, 2017
Sold by
Mccart Dorothy Helen Estat
Bought by
Suarez George E
Seller's Agent
Marsha Sell
Coldwell Banker Realty
Buyer's Agent
Marsha Sell
Coldwell Banker Realty
List Price
$104,000
Sold Price
$106,000
Premium/Discount to List
$2,000
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
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
Alfaro Juan -- None Listed On Document
Alfaro Juan -- None Listed On Document
Alfaro Luan $495,000 None Listed On Document
Hummel Properties Llc $200,000 --
Suarez George E $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfaro Luan $100,000
Previous Owner Hummel Properties Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $495,000 -34.0% $381 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
10/03/2023 10/03/23 For Sale $750,000 +607.5% $577 / Sq Ft
06/22/2017 06/22/17 Sold $106,000 +1.9% $82 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $104,000 -- $80 / 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
2024 $3,758 $124,636 $85,888 $38,748
2023 $2,472 $82,000 $52,704 $29,296
2022 $2,489 $82,000 $52,704 $29,296
2021 $2,543 $83,800 $52,704 $31,096
2020 $2,188 $72,088 $40,992 $31,096
2019 $2,188 $72,088 $40,992 $31,096
2018 $1,287 $42,400 $31,400 $11,000
2017 $270 $59,468 $29,280 $30,188
2016 $275 $59,468 $29,280 $30,188
2015 $250 $46,304 $17,568 $28,736
2014 $255 $46,304 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Troy McMahan

    Atlanta Communities

    (770) 316-8775

    19 Total Sales

    Troy McMahan
    Section Image
  • Melody Unger

    Buyer's Agent in 2024

    Melody Unger

    Keller Williams Realty Cityside

    (770) 596-6352

    96 Total Sales

    Melody Unger
    Section Image
  • Marsha Sell

    Seller's Agent in 2017

    Marsha Sell

    Coldwell Banker Realty

    (404) 713-5373

    50 Total Sales

    Marsha Sell
    Section Image
  • KEITH GROGAN

    Seller Co-Listing Agent in 2017

    KEITH GROGAN

    Berkshire Hathaway HomeServices Georgia Properties

    (770) 361-5561

    47 Total Sales

    KEITH GROGAN
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10209575

Georgia MLS

APN: 16-0779-0-028-0

Georgia Cobb County Marietta 30066

1840 Addison Rd NE, Marietta, GA

This home is located at 1840 Addison Rd NE, Marietta, GA 30066 since 03 October 2023 and is currently estimated at $404,515, approximately $311 per square foot. This property was built in 1952. 1840 Addison Rd NE is a home located in Cobb County with nearby schools including Kincaid Elementary School, Daniell Middle School, and Sprayberry High School.

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