NOT LISTED FOR SALE

2020 2nd Ave Decatur, GA 30032

Parker Neighborhood

Estimated Value: $325,087 - $338,000

5 Beds
4 Baths
-- Sq Ft
0.5 Acres

Last Sold December 18, 2020

Last sale price $255,000

Est. 31% increase in value since last sale

Current estimated payment $2,310/month

Highlights

  • Cooling System Powered By Gas
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2020

This is a rare opportunity! This duplex needs a little TLC and can be a large money maker. This is a 2 for 1 deal. The lot is large enough to be subdivided into 2 properties. A savvy investor can own the duplex and also subdivide the lot to build a modern home or even another duplex. Rent within a 2 mile radius goes up to $1950 for a 2/1. This duplex is an ideal airbnb with close proximity to the East Lake Golf Course, restaurants and shopping. Easy access to I-20, Grant Park, downtown Atlanta & airport. This gem won't last long!!! Located mere minutes from East Lake, Oakhurst, Kirkwood, Decatur Sq, Downtown Atl & all the cool areas. Walk to Charlie Yates & East Lake Golf Course, Buena Vista Lake (w/dock & fishing) & N.H. Scott Park (w/pool, tennis, rec center, playground & trails). Easily stroll to the restaurants of Hosea + 2nd, East Lake YMCA & the Glenwood Publix! Close to shopping and dining in Kirkwood, Oakhurst & EAV.

Last Agent to Sell the Property

Kimberly Williams

Burroughs Realty LLC License #333036 Listed on: 11/09/2020

Last Buyer's Agent

No Sales Agent

Non-Mls Company License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 1955

Lot Details

  • 0.5 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Schools

  • Ronald E Mcnair Elementary School
  • Mcnair Middle School
  • Mcnair High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 149

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,430

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 15
  • Year Built: 1955
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .50
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Electric, Gas, Central Air
  • Heating: Electric, Central
  • Laundry Features: In Unit
  • Utilities: Electricity Billing Prorated
  • Water Source: Public

Schools

  • Elementary School: Ronald E McNair
  • High School: Mcnair
  • Middle School: Mcnair
  • Elementary School: Ronald E McNair
  • Middle School: Mcnair
  • High School: Mcnair

Lot Info

  • Land Lot: 149

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2430

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2022
Sold by
2020 2Nd Ave Llc
Bought by
Zen House Properties Llc
Current Estimated Value
$333,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,730
Interest Rate
5.27%
Mortgage Type
Mortgage Modification

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 18, 2020
Sold by
Samson Investments Llc
Bought by
2020 2Nd Ave Llc
Seller's Agent
Kimberly Williams
Burroughs Realty LLC
Buyer's Agent
No Sales Agent
Non-Mls Company
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-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
7.85%
Original Mortgage
$240,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2018
Sold by
Sabir Abdul K
Bought by
Samson Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
4.5%
Mortgage Type
Mortgage Modification
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
Zen House Properties Llc $300,000 --
2020 2Nd Ave Llc $255,000 --
Samson Investments Llc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zen House Properties Llc $379,500
Closed Zen House Properties Llc $417,730
Previous Owner 2020 2Nd Ave Llc $240,000
Previous Owner Samson Investments Llc $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $255,000 -1.9% --
11/09/2020 11/09/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $260,000 -- --
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
2023 $5,835 $135,040 $38,560 $96,480
2022 $3,543 $65,880 $5,600 $60,280
2021 $4,499 $87,640 $5,600 $82,040
2020 $3,138 $56,640 $5,600 $51,040
2019 $2,430 $40,520 $5,600 $34,920
2018 $1,936 $37,120 $5,600 $31,520
2017 $2,004 $28,560 $2,840 $25,720
2016 $2,061 $31,880 $2,840 $29,040
2014 $1,527 $19,320 $2,840 $16,480
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kimberly Williams

    Burroughs Realty LLC

    Section Image

  • N

    Buyer's Agent in 2020

    No Sales Agent

    Non-Mls Company

See All Agents

Map

Source: Georgia MLS

MLS Number: 8886459

Georgia MLS

APN: 15-149-09-011

Georgia DeKalb County Decatur 30032 Parker

2020 2nd Ave, Decatur, GA

This home is located at 2020 2nd Ave, Decatur, GA 30032 since 09 November 2020 and is currently estimated at $333,022. This property was built in 1955. 2020 2nd Ave is a home located in DeKalb County with nearby schools including McNair Middle School, McNair High School, and Charles Drew Charter School.

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