NOT LISTED FOR SALE

Estimated Value: $355,895 - $512,000

4 Beds
2 Baths
2,314 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $305,600 $132 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,839/month

2 Days on Market

Highlights

  • 0.8 Acre Lot
  • 1-Story Property
  • Central Heating and Cooling System
  • No HOA

About This Home

As of June 2022

What a rare find! For the savvy. buyer, this four-sided brick duplex is conveniently located in Decatur. Live in one unit and use the other as income, or add this to your investment portfolio. Current owner has had this property since the 80's -- be the third owner of this gem! Each unit is 2/1, with separate entrances, separate driveways, and each with exterior entrances/outdoor space. Each has unfinished basement area with exterior access, to be used as storage or finish them out and make a quadraplex, or double your square footage. This SUPER SIZED lot is remarkably quiet and private, and extends well into the tree line. Very pleasant back yard area, and accessible via the oversized wrap-around driveway. One unit has a newer HVAC/water heater and the other needs to be replaced. Give this home some TLC and updates and watch as your investment matures. New roof, on the. bus line and convenient to Downtown Decatur and 285. Rental rates are $1100-$1600 depending on finishes. Perfect for owner or owner/investor. Separate meters, all electric.

Last Listed By

Davenport Group

Keller Williams Rlty. Partners License #305577 Listed on: 04/09/2022

Keller Williams Rlty. Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1959

Lot Details

  • 0.8

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Fixer Upper
  • Brick Exterior Construction

Additional Features

  • 1-Story Property
  • 0.8 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Murphy Court Subdivision

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$897

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .80
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 382000

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: Off Street

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: Other
  • High School: Other
  • Middle School: Other
  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water

Tax Info

  • Year: 2021
  • Tax Annual Amount: 897

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Delaire Darnel Donovan Lenard
Bought by
Blp Property Management Llc
Total Days on Market
2
Current Estimated Value
$410,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$413,051
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$2,077

Purchase Details

Listed on
Apr 9, 2022
Closed on
Jun 1, 2022
Sold by
Cottingham Robert M
Bought by
Blp Property Management Llc
Seller's Agent
Davenport Group
Keller Williams Rlty. Partners
Buyer's Agent
Ben Lin
Keller Williams Atlanta Perimeter
List Price
$275,000
Sold Price
$305,600
Premium/Discount to List
$30,600
11.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$369,900
Interest Rate
5.27%
Mortgage Type
Mortgage Modification

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
Blp Property Management Llc -- --
Blp Property Management Llc $305,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blp Property Management Llc $420,000
Previous Owner Blp Property Management Llc $369,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $305,600 +11.1% $132 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $275,000 -- $119 / 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
2023 $6,584 $122,240 $20,600 $101,640
2022 $897 $95,680 $15,440 $80,240
2021 $897 $104,000 $10,000 $94,000
2020 $1,930 $54,880 $10,000 $44,880
2019 $2,138 $64,480 $10,000 $54,480
2018 $1,324 $51,840 $10,000 $41,840
2017 $1,277 $30,280 $3,080 $27,200
2016 $796 $17,880 $3,080 $14,800
2014 $645 $13,200 $2,720 $10,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10036604

Georgia MLS

APN: 15-152-03-068