NOT LISTED FOR SALE

2268 Jernigan Dr SE Atlanta, GA 30315

Lakewood Neighborhood

Estimated Value: $188,000 - $258,000

3 Beds
2 Baths
1,104 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 02, 2014

Last sale price $42,950 $39 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $1,207/month

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Formal Dining Room
  • Private Lot
  • Wood Flooring
  • Open to Family Room

About This Home

As of September 2014

Wonderful 3/2 income producing home for sale with everything.Occupied by same tenant for over 5 years. Home has newer updates like tile flooring and beautiful hardwood floors, spacious rooms, Washer/Dryer connections and is all electric. No need to chase people for rent since payments are automatically deposited from Housing Authority; 100% occupied by Section 8 tenants, producing $810 per month or $9,720 per year.

Last Agent to Sell the Property

Lionel Sterling

Sterling Realty Partners, Inc. License #352265 Listed on: 06/30/2014

Co-Listed By

Rachael Sterling

Sterling Realty Partners, Inc. License #334342

Last Buyer's Agent

JULIE BONANNO

NOT A VALID MEMBER License #334250

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $188

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Landscaped
  • Private Lot

Home Design

  • Traditional Architecture
  • Cement Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Crawl Space
  • Security System Owned
  • Laundry Room

Kitchen

  • Open to Family Room
  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Parking

  • Attached Garage
  • Driveway

Schools

  • John Wesley Dobbs Elementary School
  • Judson Price Middle School
  • Midtown High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Front Porch
  • Property is near public transit

Community Details

  • Burroughs Prop Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 2268JerniganDR

Home Details

Home Type

Single Family

Est. Annual Taxes

$188

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: Traditional
  • Property Condition: Resale
  • Year Built: 1950
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Electric Range
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Other, Laminate Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1104.00

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Cement Siding
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Attached, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Public Transportation, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Burroughs Prop

Lot Info

  • Lot: 21
  • Lot Features: Landscaped, Private
  • Lot Dimensions: 10986 Lot Area
  • Parcel Number: 2268JerniganDR
  • Property Attached Yn: No

Tax Info

  • Taxes: 188.00
  • Tax Year: 2012

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Sep 2, 2014
Sold by
Equity Trust Co Custodian Fbo
Bought by
Twin Cribs Llc
Seller's Agent
Lionel Sterling
Sterling Realty Partners, Inc.
Buyer's Agent
JULIE BONANNO
NOT A VALID MEMBER
List Price
$48,900
Sold Price
$42,950
Premium/Discount to List
-$5,950
-12.17%
Current Estimated Value
$215,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,676
Avg. Annual Appreciation
15.56%

Purchase Details

Closed on
Jul 8, 2009
Sold by
Morcap R/E Opportunity Fund I
Bought by
Bradford Deborah R and Bradford Robert W

Purchase Details

Closed on
Jun 3, 2008
Sold by
Johnson Carl
Bought by
Morgan Stanley Abs Trust 2005 &

Purchase Details

Closed on
Nov 19, 2003
Sold by
Cloninger Frank E
Bought by
Johnson Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,800
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Twin Cribs Llc $42,950 --
Bradford Deborah R $13,980 --
Morgan Stanley Abs Trust 2005 & $61,370 --
Johnson Carl $77,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Carl $69,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2014 09/02/14 Sold $42,950 -12.2% $39 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $48,900 -- $44 / 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 $946 $86,520 $26,440 $60,080
2023 $1,227 $29,640 $5,520 $24,120
2022 $1,200 $29,640 $5,520 $24,120
2021 $1,201 $29,640 $5,520 $24,120
2020 $736 $29,640 $5,520 $24,120
2019 $488 $29,640 $5,520 $24,120
2018 $744 $17,960 $4,240 $13,720
2017 $591 $13,680 $4,040 $9,640
2016 $592 $13,680 $4,040 $9,640
2015 $1,090 $17,150 $4,070 $13,080
2014 -- $17,200 $4,080 $13,120
Source: Public Records

Agents Affiliated with this Home

  • Lionel Sterling

    Seller's Agent in 2014

    Lionel Sterling

    Sterling Realty Partners, Inc.

    (678) 571-3016

    100 Total Sales

    Lionel Sterling
    Section Image
  • Rachael Sterling

    Seller Co-Listing Agent in 2014

    Rachael Sterling

    Sterling Realty Partners, Inc.

    (404) 626-2545

    44 Total Sales

    Rachael Sterling
    Section Image

  • J

    Buyer's Agent in 2014

    JULIE BONANNO

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5311656

First Multiple Listing Service (FMLS)

APN: 14-0038-0004-016-9

Georgia Fulton County Atlanta 30315 Lakewood

2268 Jernigan Dr SE, Atlanta, GA

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