NOT LISTED FOR SALE

201 Merritt St SE Marietta, GA 30060

Victory Neighborhood

Estimated Value: $426,000 - $518,990

4 Beds
2 Baths
1,566 Sq Ft
$304/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $500,000 $319 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,765/month

4 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Energy-Efficient Windows
  • Marietta High School Rated A-
  • Central Heating and Cooling System

About This Home

As of September 2023

Fantastic investment opportunity in downtown Marietta, just 1 mile from Marietta Square! This charming duplex has undergone a complete renovation, leaving no work to be done, and is now ready to generate immediate cash flow. Each unit offers 2 bedrooms and 1 full bath, boasting spacious kitchens with granite countertops, white shaker cabinets, and stainless-steel appliances. The bathrooms feature elegant white vanities. The bedrooms are filled with natural light, showcasing beautiful hardwood floors. Additionally, both units come equipped with convenient laundry hookups, back decks with privacy fences, and a shared double parking pad. The remodel encompassed numerous upgrades, including a new roof, HVAC, water heaters, exterior siding, windows, granite countertops, cabinets, deck, driveway, appliances, plumbing, lighting, flooring, electrical, and fresh paint throughout! With a potential monthly cash flow of $4,200, this opportunity shouldn't be missed. Both units are currently vacant, making it an ideal time to seize this money-making gem!

Last Agent to Sell the Property

Shiona Elliot

VIBE Realty License #310282 Listed on: 08/03/2023

Co-Listed By

Andrew McIntyre

Keller Williams Realty North Atlanta License #404809

Last Buyer's Agent

Ana Da Silva Bacelo

Virtual Properties Realty.com License #373476

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $228

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 6,970

Home Design

  • Duplex
  • Block Foundation
  • Concrete Siding

Parking

  • 2 Parking Spaces
  • Parking Pad

Schools

  • Park Street Elementary School
  • Marietta Middle School
  • Marietta High School

Additional Features

  • 1-Story Property
  • Energy-Efficient Windows
  • 6,970 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • City Of Marietta Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$228

Year Built

Built in 1943 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 16
  • Section: 2
  • Year Built: 1943
  • Co List Office: KWNF01
  • Financing Type: Conventional
  • GreenEnergyEfficient: Windows
  • Levels: One
  • Lot Size Acres: .16
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 3125000

Exterior Features

  • Construction Materials: Concrete, Other
  • Foundation Details: Block
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Park Street
  • High School: Marietta
  • Middle School: Marietta
  • Elementary School: Park Street
  • Middle School: Marietta
  • High School: Marietta

Lot Info

  • Land Lot: 1286
  • Lot: 7
  • Deed Book: 16124
  • Deed Page: 4849
  • Plat Book: 5
  • Plat Page: 42

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 228

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 6, 2023
Sold by
Martinez Jennell Y
Bought by
Deza Clavelis Norma Daniela and Fernandez Zapata Pablo
Seller's Agent
Shiona Elliot
VIBE Realty
Buyer's Agent
Ana Da Silva Bacelo
Virtual Properties Realty.com
List Price
$500,000
Sold Price
$500,000
Views
110
Current Estimated Value
$476,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,502
Avg. Annual Appreciation
-2.53%
Original Mortgage
$375,000
Outstanding Balance
$368,725
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$107,773
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
Deza Clavelis Norma Daniela $500,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deza Clavelis Norma Daniela $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $500,000 0.0% $319 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $500,000 -- $319 / 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 $1,590 $188,000 $52,000 $136,000
2023 $76 $90,584 $28,000 $62,584
2022 $228 $59,252 $28,000 $31,252
2021 $234 $48,148 $20,000 $28,148
2020 $234 $48,148 $20,000 $28,148
2019 $196 $32,716 $12,000 $20,716
2018 $196 $32,716 $12,000 $20,716
2017 $150 $31,544 $12,000 $19,544
2016 $123 $27,544 $8,000 $19,544
2015 $98 $22,716 $8,000 $14,716
2014 $74 $19,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shiona Elliot

    Seller's Agent in 2023

    Shiona Elliot

    VIBE Realty

    (678) 906-5333

    1 in this area

    27 Total Sales

    Section Image
  • Andrew McIntyre

    Seller Co-Listing Agent in 2023

    Andrew McIntyre

    Keller Williams Realty North Atlanta

    (678) 698-0697

    1 in this area

    64 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    Ana Da Silva Bacelo

    Virtual Properties Realty.com

    (678) 913-4201

    1 in this area

    58 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10188347

Georgia MLS

APN: 16-1286-0-020-0

Georgia Cobb County Marietta 30060 Victory

201 Merritt St SE, Marietta, GA

This home is located at 201 Merritt St SE, Marietta, GA 30060 since 03 August 2023 and is currently estimated at $476,498, approximately $304 per square foot. This property was built in 1943. 201 Merritt St SE is a home located in Cobb County with nearby schools including Park Street Elementary School, Marietta Sixth Grade Academy, and Marietta Middle School.

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