Seller's Agent in 2023
DEREK CAFFE
CAFFE Realty, LLC
(678) 630-4983
10 Total Sales
2321 Perkerson Mill Rd Austell, GA 30106
Estimated Value: $163,000 - $289,000
4
Beds
2
Baths
1,377
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Double Pane Windows
- City View
- Wooded Lot
- Restaurant
About This Home
As of July 2023Great location with this all brick duplex in a prime position for multiple investment strategies. Located in the city limits of the new city of Mableton, this duplex is a three minute drive from downtown Austell where Frog Rock Brewery should be opening next month along with the larger development of Cincinnati Junction which is expected to include new restaurants, beer garden, office space/ co-work space, and outdoor music venue! Not to mention the proposed Austell Powder Springs Rd Trail which will start near the brewery at the corner of Joe Jerkins Blvd. This multi-use trail will connect downtown Austell to downtown Powder Springs, and the Silver Comet Trail. Lastly, you're a six minute drive from the Threadmill Complex, where the City of Austell is putting out a request for proposal to turn their 20 acre campus into a "Ponce City Market" lite type development with live, work, and play. From a public services perspective the Austell Police Department is also a three minute drive away, and five minutes for Austell Fire. Mobility wise you and your prospective tenants could walk a half mile to the Cobb bus line located up the street at the corner of Perkerson Mill Rd. and Austell Rd. And driving wise you have a 3 minute drive to get to Veteran's Memorial Hwy which gives you a straight shot into Atlanta, or hop on Thorton Rd/ Campcreek for quick access to the airport. Also off Thornton Rd is access to I-20. And you have loads of dining, shopping, and entertainment options via East West Connector which is a 7 minute drive away!
Each unit is 2 bedroom, and 1 bath with one unit having a bonus room which can act as an office or get creative and add a second bathroom or laundry room to force additional appreciation. Potential investment strategies include house hacking (living in one unit, while the tenant helps pay the mortgage), long-term rental on both sides, short/ medium-term rental one or both sides, or use as multi-generational housing and move a relative into the second unit once the tenant's lease expires. The options are only limited to your creativity, however, the location is what will be the draw with downtown Austell poised for growth, you're on one of the main corridors heading into the downtown to take advantage of all that's to come.
Property is owned by a licensed real estate broker through an LLC.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,442
Year Built
- Built in 1962
Lot Details
- 7,349 Sq Ft Lot
- Lot Dimensions are 98 x 75
- Privacy Fence
- Chain Link Fence
- Back Yard Fenced
- Wooded Lot
Property Views
- City
- Woods
Home Design
- Duplex
- Shingle Roof
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1-Story Property
- Double Pane Windows
- Ceramic Tile Flooring
- Carbon Monoxide Detectors
Parking
- 4 Parking Spaces
- Driveway
- Paved Parking
Eco-Friendly Details
- Energy-Efficient HVAC
Location
- Property is near public transit
- Property is near schools
- Property is near shops
Schools
- Austell Elementary School
- Garrett Middle School
- South Cobb High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 19123100160
Community Details
Overview
- 2 Units
- Vines Subdivision
Amenities
- Restaurant
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2023
Closed on
Jul 14, 2023
Sold by
Code Black Properties Llc
Bought by
Mathis Taylor
Seller's Agent
DEREK CAFFE
CAFFE Realty, LLC
Buyer's Agent
LaTina Douglas
EXP Realty, LLC.
List Price
$290,500
Sold Price
$290,000
Premium/Discount to List
-$500
-0.17%
Total Days on Market
6
Views
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,856
Avg. Annual Appreciation
-6.44%
Original Mortgage
$284,747
Outstanding Balance
$280,419
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
-$23,486
Purchase Details
Closed on
Mar 7, 2016
Sold by
Caffe Derek
Bought by
Code Black Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,750
Interest Rate
3.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 29, 2016
Sold by
Hart Tina L
Bought by
Caffe Derek
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,750
Interest Rate
3.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 1, 1999
Sold by
Millert Dan
Bought by
Hart Tony
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mathis Taylor | $290,000 | None Listed On Document | |
| Code Black Properties Llc | -- | -- | |
| Caffe Derek | $61,000 | -- | |
| Hart Tony | $34,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mathis Taylor | $284,747 | |
| Previous Owner | Code Black Properties Llc | $151,900 | |
| Previous Owner | Caffe Derek | $45,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $290,000 | 0.0% | $211 / Sq Ft |
| 06/24/2023 06/24/23 | Pending | -- | -- | -- |
| 06/19/2023 06/19/23 | Price Changed | $290,000 | -0.2% | $211 / Sq Ft |
| 06/18/2023 06/18/23 | For Sale | $290,500 | -- | $211 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,432 | $47,512 | $10,000 | $37,512 |
| 2023 | $1,432 | $47,512 | $10,000 | $37,512 |
| 2022 | $1,442 | $47,512 | $10,000 | $37,512 |
| 2021 | $1,442 | $47,512 | $10,000 | $37,512 |
| 2020 | $1,507 | $49,660 | $10,000 | $39,660 |
| 2019 | $1,507 | $49,660 | $10,000 | $39,660 |
| 2018 | $1,058 | $34,852 | $9,000 | $25,852 |
| 2017 | $701 | $24,400 | $4,960 | $19,440 |
| 2016 | $848 | $29,500 | $6,000 | $23,500 |
| 2015 | $589 | $20,000 | $6,000 | $14,000 |
| 2014 | $594 | $20,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEREK CAFFE
-
LaTina Douglas
L
Buyer's Agent in 2023
LaTina Douglas
EXP Realty, LLC.
(470) 878-9444
41 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 7227784
APN: 19-1231-0-016-0
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