NOT LISTED FOR SALE

Estimated Value: $370,723 - $447,000

5 Beds
2 Baths
-- Sq Ft
0.4 Acres

Last Sold May 20, 2022

Last sale price $445,000

Est. 7% decrease in value since last sale

Current estimated payment $2,897/month

11 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Energy-Efficient Appliances

About This Home

As of May 2022

COMPLETELY REMOLDED DUPLEX IN DECATUR!! IT HAS TWO 2 BEDROOM/1 BATHROOMS UNITS CURRENTLY RENTED OUT FOR $2,000 PER UNIT FOR A TOTAL MONTHLY INCOME OF $4,000! 11 MONTHS LEFT ON BOTH LEASES! 4 SIDED BRICK! AMPLE PARKING FOR TENANTS! BOTH UNITS HAVE ALREADY BEEN COMPLETELY REMOLDED AND THE ROOF IS NEW SO THIS IS THE PERFECT MAINTENANCE FREE INCOME PRODUCING INVESTMENT PROPERTY!! WONCOT LAST LONG!!

Last Listed By

Wesley Moore

Keller Williams Community Partners License #375534 Listed on: 04/19/2022

Keller Williams Community Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,360

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 0.4

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Toney Elementary School
  • Columbia Middle School
  • Columbia High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Additional Features

  • 1-Story Property
  • Energy-Efficient Appliances
  • 0.4 Acre Lot

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Woodland Acres Subdivision

Building Details

  • Operating Expense $4,800
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,360

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Financing Type: Other
  • GreenEnergyEfficient: Appliances
  • Levels: One
  • Lot Size Acres: .40
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 1025000

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Attached, Carport
  • ParkingTotal: 4

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Toney
  • High School: Columbia
  • High School Bus: Yes
  • Middle School: Columbia
  • Middle School Bus: Yes
  • Elementary School: Toney
  • Middle School: Columbia
  • High School: Columbia

Lot Info

  • Deed Book: 29705
  • Deed Page: 739

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4360

Multi Family

  • GrossIncome: 48000
  • NumberOfUnitsTotal: 2
  • OperatingExpense: 4800

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 20, 2022
Sold by
Sanchez Emilio Correa
Bought by
Ramirez Jaime Francisco
Seller's Agent
Wesley Moore
Keller Williams Community Partners
Buyer's Agent
Mike Masielle
BHHS Georgia Properties
List Price
$410,000
Sold Price
$445,000
Premium/Discount to List
$35,000
8.54%
Total Days on Market
11
Current Estimated Value
$411,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,319
Avg. Annual Appreciation
-2.56%
Original Mortgage
$436,914
Outstanding Balance
$419,240
Interest Rate
5.46%
Mortgage Type
FHA
Estimated Equity
-$7,559

Purchase Details

Closed on
Aug 19, 2021
Sold by
Jedi Acquisitions Grp Llc
Bought by
Sanchez Emilio Correa

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
Ramirez Jaime Francisco $445,000 --
Sanchez Emilio Correa $220,000 --
Jedi Acquisitions Grp Llc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jaime Francisco $436,914
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $445,000 +8.5% --
04/30/2022 04/30/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $410,000 -- --
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 $7,244 $162,040 $22,680 $139,360
2022 $3,987 $77,680 $15,440 $62,240
2021 $4,360 $86,160 $10,000 $76,160
2020 $2,815 $50,960 $10,000 $40,960
2019 $3,215 $60,080 $10,000 $50,080
2018 $1,994 $50,080 $10,000 $40,080
2017 $1,730 $26,120 $3,080 $23,040
2016 $1,202 $14,120 $3,080 $11,040
2014 $1,098 $11,480 $2,720 $8,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10050454

Georgia MLS

APN: 15-152-03-061