NOT LISTED FOR SALE

2256 Burroughs Ave SE Atlanta, GA 30315

Lakewood Neighborhood

Estimated Value: $156,000 - $210,000

2 Beds
1 Bath
840 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $39,000 $46 Per Sq Ft

Est. 362% increase in value since last sale

Current estimated payment $1,018/month

Highlights

  • Ranch Style House
  • Ceiling height of 9 feet on the main level
  • Fenced
  • Formal Dining Room
  • Accessible Entrance
  • Level Lot

About This Home

As of July 2016

Excellent investor opportunity in this 2 bedroom 1 bathroom home. New hardwood floors and fresh paint throughout. This home won't last long!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 03/16/2016

Mark Spain Real Estate

Co-Listed By

Sean Davidson

Century 21 Results License #365532

Last Buyer's Agent

TIFFANY WILLIAMS

NOT A VALID MEMBER License #356436

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $637

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Level Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 840 Sq Ft Home
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Formal Dining Room
  • Crawl Space
  • Laminate Countertops
  • Laundry in Bathroom

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Accessible Home Design

  • Accessible Entrance

Schools

  • John Wesley Dobbs Elementary School
  • Judson Price Middle School
  • South Atlanta High School

Listing and Financial Details

  • Assessor Parcel Number 14 003800050259

Home Details

Home Type

Single Family

Est. Annual Taxes

$637

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: Ranch
  • Property Condition: Resale
  • Year Built: 1950
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main
  • Basement: Crawl Space
  • Kitchen Features: Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 840.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Fenced

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Bathroom

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Lot Info

  • Lot Features: Level
  • Parcel Number: 14 003800050259
  • Property Attached Yn: No

Tax Info

  • Taxes: 637.00
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: John Wesley Dobbs
  • High School: South Atlanta
  • Middle School: Judson Price

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jul 15, 2016
Sold by
M R
Bought by
Kelly Tracey L
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
TIFFANY WILLIAMS
NOT A VALID MEMBER
List Price
$45,000
Sold Price
$39,000
Premium/Discount to List
-$6,000
-13.33%
Current Estimated Value
$180,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,311
Avg. Annual Appreciation
17.92%
Original Mortgage
$53,927
Outstanding Balance
$43,955
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$136,356

Purchase Details

Closed on
Sep 17, 1993
Sold by
Waggoner Everette
Bought by
Mahmoudi Pousty M R
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
Kelly Tracey L $39,000 --
Mahmoudi Pousty M R $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Tracey L $53,927
Closed Mahmoudi Pousty M R $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $39,000 -13.3% $46 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $45,000 -- $54 / 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 $893 $74,400 $25,760 $48,640
2023 $3,290 $79,480 $32,080 $47,400
2022 $312 $51,640 $10,360 $41,280
2021 $285 $37,240 $7,400 $29,840
2020 $280 $34,720 $8,720 $26,000
2019 $487 $25,000 $5,400 $19,600
2018 $32 $15,320 $4,160 $11,160
2017 $25 $14,680 $4,000 $10,680
2016 $636 $14,680 $4,000 $10,680
2015 $1,114 $14,680 $4,000 $10,680
2014 $666 $14,680 $4,000 $10,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5661226

First Multiple Listing Service (FMLS)

APN: 14-0038-0005-025-9