$284,999
SOLD MAY 2, 2018

1986 Padgett Dr Austell, GA 30106

-- Bed
-- Bath
1,078 Sq Ft
0.33 Acres

Recently Sold

$264 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Property is walking distance to MARTA
  • Private Lot
  • Brick Front
  • Clarkdale Elementary School Rated A-
  • Accessible Entrance
  • Attic Fan

About This Home

As of October 2022

SALE IS FOR ALL 4 UNITS-1992,1990,1988&1986 padgett dr. se,Austell,GA.*COBB COUNTY RENT!RENT!, Acquire this strategic located, great return on i townhomes,professionally managed and close to East-West Connector and Austell rd. shops & attractions.3 units Occupied&leased, 2@$750/month and 1@$725/month (rents can be increased). 1986 vacant(new carpet) and listed for $800/month. Brand new roof, laminate flooring, paint, backyard fence, faucets &light fixtures,Frigidaire appliances (July 2013) and HVAC system upgrades July 2013. CASH/HARDMONEY/PORTFOLIO LOANS/INVESTORS ONLY

Last Agent to Sell the Property

Hillary Nchotu

First United Realty, Inc. License #366386 Listed on: 04/12/2018

First United Realty, Inc.

Last Buyer's Agent

Michael O'Connor

Cornerstone Real Estate Partners, LLC License #371147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $481

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Private Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Shingle Siding
  • Brick Front

Attic

  • Attic Fan

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway Level
  • Parking Lot

Location

  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Sanders Elementary School
  • Garrett Middle School
  • South Cobb High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Entrance
  • Energy-Efficient Thermostat

Community Details

  • 4 Units
  • Spice Wood Townhomes Subdivision

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 19100701390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$481

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1986
  • Accessibility Features: Accessible Entrance
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Brick Front, Shingle Siding
  • Roof Type: Composition
  • Fencing: Fenced

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Level Driveway, Parking Lot, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Attic Fan
  • Heating: Central, Natural Gas

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping
  • Subdivision Complex: Spice Wood Townhomes

Fee Information

  • Annual Expenses: 5200

Schools

  • Elementary School: Sanders
  • Middle School: Garrett
  • High School: South Cobb

Lot Info

  • Acres: 0.3300
  • Lot: 73
  • Land/Lot: 1007
  • Section G M D: 2
  • Lot Features: Private
  • Parcel Number: 19100701390
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 481.00
  • Assessor Parcel Number: 19-1007-0-139-0
  • Close Date: 2018-05-02
  • Tax Year: 2016

MLS Schools

  • Elementary School: Sanders
  • High School: South Cobb
  • Middle School: Garrett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 12, 2022
Sold by
1986 Padgett Drive Se Llc
Bought by
Velazquez Family Trust
Seller's Agent
Michael O'Connor
Cornerstone Real Estate Partners
Buyer's Agent
Sean Walker
Virtual Properties Realty.com
List Price
$149,999
Sold Price
$150,000
Premium/Discount to List
$1
0.0%
Views
2
Current Estimated Value
$177,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,084
Avg. Annual Appreciation
5.95%
Original Mortgage
$120,000
Outstanding Balance
$115,903
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$60,552

Purchase Details

Closed on
Mar 6, 2019
Sold by
Jordan Jeff
Bought by
1986 Padgett Drive Se Llc

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 2, 2018
Sold by
Nchotu Hillary
Bought by
Jordan Jeff and Jordan Ana
Seller's Agent
Hillary Nchotu
First United Realty, Inc.
Buyer's Agent
Michael O'Connor
Cornerstone Real Estate Partners, LLC
List Price
$289,999
Sold Price
$284,999
Premium/Discount to List
-$5,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.39%

Purchase Details

Closed on
Jun 15, 2012
Sold by
Daley Donne A
Bought by
Mchotu Hillary

Purchase Details

Closed on
Nov 16, 2007
Sold by
Noble Tyrone D
Bought by
Daley Donne A and Daley Naideen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
Parchment Danika
Bought by
Noble Tyrone D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
7.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2004
Sold by
Tillman James M
Bought by
Parchment Danika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2002
Sold by
Spicewood 13 Inc
Bought by
Tillman James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Special Warranty Deed $150,000 --
Warranty Deed $150,000 --
Limited Warranty Deed $284,999 --
Warranty Deed $60,000 --
Deed $250,000 --
Deed $69,000 --
Deed $64,000 --
Deed $57,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $62,100 New Conventional
Previous Owner $60,800 New Conventional
Previous Owner $47,200 Stand Alone Second
Previous Owner $45,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $150,000 0.0% $139 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $149,999 -47.4% $139 / Sq Ft
05/02/2018 05/02/18 Sold $284,999 -3.4% $264 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/12/2018 04/12/18 Price Changed $294,999 +1.7% $274 / Sq Ft
04/12/2018 04/12/18 For Sale $289,999 -- $269 / Sq Ft
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 $1,785 $59,200 $9,920 $49,280
2023 $1,809 $60,000 $9,920 $50,080
2022 $696 $22,916 $4,000 $18,916
2021 $696 $22,916 $4,000 $18,916
2020 $651 $21,440 $4,000 $17,440
2019 $651 $21,440 $4,000 $17,440
2018 $651 $21,440 $4,000 $17,440
2017 $481 $16,736 $4,000 $12,736
2016 $481 $16,736 $4,000 $12,736
2015 $493 $16,736 $4,000 $12,736
2014 $497 $16,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5994842

First Multiple Listing Service (FMLS)

APN: 19-1007-0-139-0