NOT LISTED FOR SALE

2167 Burroughs Ave SE Atlanta, GA 30315

Lakewood Neighborhood

Estimated Value: $186,000 - $215,000

3 Beds
1 Bath
1,062 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $70,000 $66 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $1,306/month

About This Home

As of September 2021

Calling All Rental Property Investors! Turnkey Opportunity to own a Tenant Occupied property renting for $680 per month. Nearby home values are as high as $400,000! Market Rents as high as $1,200/month! Tenant has lived in the home for 3 Years and they would like to stay. Currently on a Month-to-Month lease to provide the new owner with flexibility for renewal terms. Seller will provide a 1 YEAR Security Deposit Replacement Insurance Policy to cover any potential uncollected rent, eviction costs, or property damages up to $3000 and a 1 YEAR Premium Home Warranty! Send All Offers! Cash or Conventional Financing Preferred. Do Not Approach the Home! Do Not Disturb the Tenant!

Last Agent to Sell the Property

Trent Dunn

EXP Realty, LLC. License #371783 Listed on: 06/05/2021

EXP Realty, LLC.

Last Buyer's Agent

JONAS WARE

NOT A VALID MEMBER License #329083

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1950

Lot Details

  • 9,017

Home Design

  • Cottage
  • Bungalow
  • Slab Foundation

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • John Wesley Dobbs Elementary School
  • Crawford Long Middle School
  • South Atlanta High School

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 14 003800030772

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,632

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Resale
  • Year Built: 1950
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1062.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Foundation: Slab

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Water Available
  • Electric: Other

Condo/Co-op/Association

  • Home Warranty: Yes

Lot Info

  • Parcel Number: 14 003800030772
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1632.00
  • Tax Year: 2020

MLS Schools

  • Elementary School: John Wesley Dobbs
  • High School: South Atlanta
  • Middle School: Crawford Long

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Sep 24, 2021
Sold by
Giant Falcon Iii Llc
Bought by
Ware Jonas
Seller's Agent
Trent Dunn
EXP Realty, LLC.
Buyer's Agent
JONAS WARE
NOT A VALID MEMBER
List Price
$160,000
Sold Price
$70,000
Premium/Discount to List
-$90,000
-56.25%
Current Estimated Value
$200,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,161
Avg. Annual Appreciation
29.29%

Purchase Details

Closed on
Dec 19, 2019
Sold by
Budget Homes Rentals Llc
Bought by
Giant Falcon Iii Llc

Purchase Details

Closed on
May 10, 2017
Sold by
Not Provided
Bought by
Budget Home Rentals Llc

Purchase Details

Closed on
Feb 2, 2015
Sold by
Southeastern Housing Foundatio
Bought by
Gcm Southeastern Llc

Purchase Details

Closed on
Jan 23, 2013
Sold by
Doug Coker Properties Lllp
Bought by
Southeastern Housing Foundatio

Purchase Details

Closed on
Apr 2, 2009
Sold by
2005 Wells Fargo Oomc and 2005 He6
Bought by
Doug Coker Properties Lllp

Purchase Details

Closed on
Oct 7, 2008
Sold by
Lewis Johnnie J
Bought by
Wells Fargo Bk Oomc 2005 & He6

Purchase Details

Closed on
Apr 21, 1998
Sold by
Mortgage Exchange
Bought by
Lewis John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,851
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 1997
Sold by
Grantling Thelma
Bought by
First Nationwide Mtg Corp
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
Ware Jonas $70,000 --
Giant Falcon Iii Llc $1,545,833 --
Budget Home Rentals Llc $265,500 --
Gcm Southeastern Llc $150,000 --
Gcm Southeastern Llc $150,000 --
Southeastern Housing Foundatio $1,840,000 --
Doug Coker Properties Lllp $16,200 --
Wells Fargo Bk Oomc 2005 & He6 $25,500 --
Lewis John L $58,000 --
First Nationwide Mtg Corp $19,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis John L $56,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $70,000 -51.7% $66 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
08/31/2021 08/31/21 Price Changed $145,000 -3.3% $137 / Sq Ft
08/16/2021 08/16/21 Price Changed $150,000 -6.3% $141 / Sq Ft
06/05/2021 06/05/21 For Sale $160,000 -- $151 / 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 $3,032 $79,800 $25,040 $54,760
2023 $3,547 $85,680 $31,160 $54,520
2022 $2,422 $57,600 $10,080 $47,520
2021 $2,236 $43,160 $7,200 $35,960
2020 $1,632 $39,840 $8,480 $31,360
2019 $487 $28,880 $5,240 $23,640
2018 $724 $17,480 $4,040 $13,440
2017 $726 $16,800 $3,880 $12,920
2016 $727 $16,800 $3,880 $12,920
2015 $1,207 $16,800 $3,880 $12,920
2014 -- $16,800 $3,880 $12,920
Source: Public Records

Agents Affiliated with this Home

  • Trent Dunn

    Seller's Agent in 2021

    Trent Dunn

    EXP Realty, LLC.

    (404) 382-7697

    5 in this area

    86 Total Sales

    Trent Dunn
    Section Image

  • J

    Buyer's Agent in 2021

    JONAS WARE

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6894990

First Multiple Listing Service (FMLS)

APN: 14-0038-0003-077-2

Georgia Fulton County Atlanta 30315 Lakewood

2167 Burroughs Ave SE, Atlanta, GA

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