NOT LISTED FOR SALE

Estimated Value: $232,212 - $328,000

4 Beds
2 Baths
1,512 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $190,000 $126 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,596/month

11 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • Park
  • Kitchen Appliances
  • Community Playground
  • Accessible Full Bathroom
  • 1-Story Property

About This Home

As of September 2020

Residential Investment Opportunity for the savvy home buyer in sought after East Point! This four-sided brick Duplex is located in the desirable Historic Center Park Subdivision. Each unit has 2 bedrooms 1 bath; hardwood floors; living/dining room combo; washer/dryer hook-up in kitchen. Tenants pay all utilities. The yard is level, easy to maintain, and just the right size for each unit to have designated private courtyard type setting. New roof in 2014. Interior photos taken prior to tenant move-in. Walk to downtown East Point and Marta train station. Near Atlanta Airport, Tyler Perry Studios. Minutes drive to downtown Atlanta. Both units are occupied with gross rent of $1325/month. Average area market rent is higher for similar units. No sign in yard. Please do not disturb tenants!! Please do not approach tenants or walk or drive on property. Exterior back and sides of property, interior of property to be shown only during Due Diligence Period. Property Sold as-is. Seller holds GA R.E. license.

Last Agent to Sell the Property

Betty Hancock

NOT A VALID MEMBER License #120207 Listed on: 08/21/2020

Last Buyer's Agent

Jessica Houghton

Compass License #350683

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1966

Lot Details

  • 5,349 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Carport
  • Paved Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Kitchen Appliances

Location

  • Property is near public transit, schools, and shops
  • Property is walking distance to MARTA

Schools

  • Conley Hills Elementary School
  • Paul D. West Middle School
  • Tri-Cities High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 016300120588

Community Details

Overview

  • 2 Units
  • Historic Center Park Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,765

Year Built

Built in 1966

Lot Details

5,349 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1966
  • Accessibility Features: Accessible Full Bath, Accessible Kitchen Appliances
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Chain Link, Privacy, Wood

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking Features: Carport, Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Separate Meters
  • Heating: Central, Hot Water, Natural Gas, Separate Meters
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Park, Playground, Public Transportation, Street Lights
  • Subdivision Complex: Historic Center Park

Lot Info

  • Acres: 0.1228
  • Lot Features: Level, Private
  • Lot Dimensions: x
  • Parcel Number: 14 016300120588
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1765.00
  • Tax Year: 2019

Multi Family

  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 29, 2020
Sold by
Hancock Betty
Bought by
Kaplan Jacob and Kaplan Deborah
Seller's Agent
Betty Hancock
NOT A VALID MEMBER
Buyer's Agent
Jessica Houghton
Compass
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$278,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,553
Avg. Annual Appreciation
7.24%
Original Mortgage
$132,500
Outstanding Balance
$117,852
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,701

Purchase Details

Closed on
Mar 5, 1996
Sold by
Pichon Paul A Merlene
Bought by
Hancock Betty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Kaplan Jacob $190,000 --
Hancock Betty $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaplan Jacob $132,500
Closed Hancock Betty $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $190,000 0.0% $126 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $190,000 -- $126 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $1,768 $99,840 $14,960 $84,880
2023 $3,078 $109,040 $35,800 $73,240
2022 $2,703 $102,720 $15,200 $87,520
2021 $3,181 $76,000 $8,880 $67,120
2020 $1,790 $40,680 $7,200 $33,480
2019 $649 $39,960 $7,080 $32,880
2018 $283 $10,040 $3,560 $6,480
2017 $282 $9,680 $3,440 $6,240
2016 $283 $9,680 $3,440 $6,240
2015 $541 $9,680 $3,440 $6,240
2014 $297 $9,680 $3,440 $6,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6765070

First Multiple Listing Service (FMLS)

APN: 14-0163-0012-058-8

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