NOT LISTED FOR SALE

2031 Lois Place NW Atlanta, GA 30318

Grove Park Neighborhood

Estimated Value: $331,576 - $396,000

6 Beds
4 Baths
2,512 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $103,500 $41 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $2,317/month

Highlights

  • Forced Air Heating and Cooling System
  • 2 Car Garage
  • Level Lot

About This Home

As of October 2018

Duplex in hot up and coming Grove Park area. Both units are each 3 bedroom/2 bath. Close to Westside Reservoir Park and Beltline expansion. One unit has tenant that is willing to stay and pay rent and the other unit is going through the eviction process. Sold as/is.

Last Agent to Sell the Property

Jennifer Wilt

Bolst, Inc. License #376081 Listed on: 08/12/2018

Bolst, Inc.

Co-Listed By

Penny Andrews

Knight & Drews, LLC. License #306805

Last Buyer's Agent

Tiffany Hankerson

Drake Realty, Inc License #264051

Drake Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 2004

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Parking

  • 2 Car Garage
  • Driveway

Schools

  • William M.Boyd Elementary School
  • John Lewis Invictus Academy/Harper-Archer Middle School
  • Frederick Douglass High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Grove Park Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 17 022600030777

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,476

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 2004
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Vinyl Siding

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Cable Available

Condo/Co-op/Association

  • Subdivision Complex: Grove Park

Lot Info

  • Acres: 0.3300
  • Lot: 5
  • Lot Features: Level
  • Lot Dimensions: 7,492 square feet
  • Parcel Number: 17 022600030777
  • Property Attached Yn: No

Tax Info

  • Taxes: 1476.00
  • Tax Year: 2016

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: William M.Boyd
  • High School: Frederick Douglass
  • Middle School: John Lewis Invictus Academy/Harper-Archer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2018
Closed on
Oct 15, 2018
Sold by
Lemma Llc
Bought by
Vantagepointe Investments Llc
Seller's Agent
Jennifer Wilt
Bolst, Inc.
Buyer's Agent
Tiffany Hankerson
Drake Realty, Inc
List Price
$120,000
Sold Price
$103,500
Premium/Discount to List
-$16,500
-13.75%
Current Estimated Value
$370,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,894
Avg. Annual Appreciation
19.85%
Original Mortgage
$147,150
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2018
Sold by
Francis Michael A
Bought by
Lemma Llc

Purchase Details

Closed on
Jun 29, 2017
Sold by
Deed Co Llc
Bought by
Francis Michael A

Purchase Details

Closed on
May 3, 2016
Sold by
Francis Michael A
Bought by
Deed Co Llc

Purchase Details

Closed on
Mar 7, 2008
Sold by
Joihah Invs & Prop Mgmt Inc
Bought by
Francis Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2007
Sold by
Wells Fargo Bk N 2005-He3
Bought by
Joihah Invs & Prop Mgmt Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,490
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2006
Sold by
Mccullough Adrian
Bought by
Wells Fargo Bk Na 2005-He3

Purchase Details

Closed on
May 26, 2004
Sold by
Webb Darryl
Bought by
Kimco Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.88%

Purchase Details

Closed on
Feb 13, 2004
Sold by
Artlantic Inc & +
Bought by
Webb Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,833
Interest Rate
5.63%
Source: Public Records

Range of Values:

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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
Vantagepointe Investments Llc $103,500 --
Lemma Llc $13,774 --
Francis Michael A $11,413 --
Deed Co Llc $8,425 --
Francis Michael A $360,000 --
Joihah Invs & Prop Mgmt Inc $165,000 --
Wells Fargo Bk Na 2005-He3 $206,295 --
Kimco Corp -- --
Webb Darryl -- --
Webb Darryl $23,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vantagepointe Investments Llc $147,150
Previous Owner Francis Michael A $324,000
Previous Owner Joihah Invs & Prop Mgmt Inc $181,490
Previous Owner Kimco Corp $250,000
Previous Owner Webb Darryl $19,833
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $103,500 -13.8% $41 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $120,000 -- $48 / 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
2025 $4,421 $140,520 $35,520 $105,000
2023 $4,819 $116,400 $51,080 $65,320
2022 $4,711 $116,400 $51,080 $65,320
2021 $4,762 $117,560 $54,120 $63,440
2020 $4,238 $103,440 $27,120 $76,320
2019 $936 $41,400 $14,360 $27,040
2018 $1,603 $38,720 $4,360 $34,360
2017 $1,472 $34,080 $4,000 $30,080
2016 $1,476 $34,080 $4,000 $30,080
2015 $1,995 $34,080 $4,000 $30,080
2014 $1,246 $27,480 $7,720 $19,760
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Wilt

    Seller's Agent in 2018

    Jennifer Wilt

    Bolst, Inc.

    (770) 855-1446

    64 Total Sales

    Jennifer Wilt
    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Penny Andrews

    Knight & Drews, LLC.

    (404) 454-9942

    90 Total Sales

    Penny Andrews
    Section Image
  • Tiffany Hankerson

    Buyer's Agent in 2018

    Tiffany Hankerson

    Drake Realty, Inc

    (770) 565-2044

    28 Total Sales

    Tiffany Hankerson
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6056829

First Multiple Listing Service (FMLS)

APN: 17-0226-0003-077-7

Georgia Fulton County Atlanta 30318 Grove Park

2031 Lois Place NW, Atlanta, GA

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