NOT LISTED FOR SALE

215 Belair Dr Stockbridge, GA 30281

Estimated Value: $265,000 - $320,000

4 Beds
4 Baths
2,204 Sq Ft
$133/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $300,000 $136 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,962/month

13 Days on Market

Highlights

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

About This Home

As of November 2024

This well-maintained duplex, just 30 minutes from downtown Atlanta, offers an incredible investment opportunity. Each unit features 3 bedrooms and 1.5 bathrooms, with the third bedroom perfectly suited for an office or nursery. Both units are fully leased, providing immediate rental income. With its convenient location and ample space, this property is an attractive option for tenants seeking comfortable living. Ideal for investors looking to expand their portfolio with a stable, income-generating property.

Last Agent to Sell the Property

David Holcombe

Keller Knapp, Inc Brokerage Phone: 4705992573 License #322852 Listed on: 10/02/2024

Keller Knapp, Inc

Last Buyer's Agent

Andrew Joiner

Andrew Joiner Realtors License #177162

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,613

Year Built

  • Built in 1972

Lot Details

  • 1.41 Acre Lot

Home Design

  • Duplex
  • Block Foundation
  • Stone Frame

Interior Spaces

  • 1-Story Property
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Carport

Schools

  • Cotton Indian Elementary School
  • Stockbridge Middle School
  • Stockbridge High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Belair Drive Subdivision

Building Details

  • Gross Income $33,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,613

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: 1.41
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Stone Frame
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Carport
  • ParkingTotal: 6

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cotton Indian
  • High School: Stockbridge
  • High School Bus: Yes
  • Middle School: Stockbridge
  • Middle School Bus: Yes

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3613

Multi Family

  • GrossIncome: 33528
  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Dec 23, 2024
Sold by
Cheng Zhen Wei
Bought by
Shen Cheng Hong and Wei Cheng Zhen
Seller's Agent
David Holcombe
Keller Knapp, Inc
Buyer's Agent
Andrew Joiner
Andrew Joiner Realtors
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
111
Current Estimated Value
$293,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,151
Avg. Annual Appreciation
-1.97%
Original Mortgage
$225,000
Outstanding Balance
$216,846
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$77,003

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 13, 2024
Sold by
Hawthorne2020 Land Trust
Bought by
Cheng Zhen Wei
Seller's Agent
David Holcombe
Keller Knapp, Inc
Buyer's Agent
Andrew Joiner
Andrew Joiner Realtors
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$216,846
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$77,003

Purchase Details

Closed on
Nov 21, 2022
Sold by
Yadgarov Arkadiy
Bought by
Avant Garde Concepts Llc

Purchase Details

Closed on
Jun 28, 2021
Sold by
Kwofie Clover
Bought by
Yadgarov Arkadiy and Naskar Krishna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,627
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Dunn Cyrus N
Bought by
Cole Clover

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shen Cheng Hong -- --
Cheng Zhen Wei $300,000 --
Avant Garde Concepts Llc -- --
Yadgarov Arkadiy $216,836 --
Cole Clover $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Zhen Wei $225,000
Previous Owner Yadgarov Arkadiy $162,627
Previous Owner Cole Clover $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2024 11/13/24 Sold $300,000 -7.7% $136 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $325,000 -- $147 / 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
2025 $4,920 $122,440 $16,000 $106,440
2024 $4,920 $93,440 $14,400 $79,040
2023 $3,613 $92,120 $13,840 $78,280
2022 $3,017 $76,560 $12,800 $63,760
2021 $1,500 $44,080 $10,960 $33,120
2020 $1,366 $40,600 $10,320 $30,280
2019 $1,193 $36,080 $9,800 $26,280
2018 $1,090 $33,400 $9,040 $24,360
2016 $864 $27,520 $6,920 $20,600
2015 $641 $21,480 $6,880 $14,600
2014 $704 $22,960 $6,880 $16,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10388203

Georgia MLS

APN: 047B-03-009-001