NOT LISTED FOR SALE

2419 Rex Rd Ellenwood, GA 30294

8 Beds
6 Baths
2,205 Sq Ft
0.33 Acres

Last Sold March 10, 2017

Last sale price $515,000 $234 Per Sq Ft

Highlights

  • Property is walking distance to MARTA
  • Central Heating
  • Level Lot
  • Accessible Entrance

About This Home

As of March 2017

11 Townhome bundle sale. This is a turn-key investment package with an awesome CAP RATE OF OVER 11%!!! These units are in great shape. Professional management company already in place with qualified tenants. 10 of 11 units are currently occupied and all are easy to rent due to proximity of all 3 local schools. Gross rent is currently $7,534/month. HOA fees are $103/month/unit. Bundle includes the following properties: 3 Triplexes: 2416 Brittan Pl, 2422 Brittan Pl., 2419 Rex Rd. and 2 single units: 2427 Rex Rd., 2429 Rex Rd.

Last Agent to Sell the Property

Alana Eisner

Mark Spain Real Estate License #365856 Listed on: 11/15/2016

Mark Spain Real Estate

Co-Listed By

Alana Eisner

Roost Realty, Inc. License #339058

Last Buyer's Agent

James Wood

Perimeter Property Services, LLC License #370497

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,889

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Triplex
  • Composition Roof

Location

  • Property is walking distance to MARTA
  • Property is near schools

Schools

  • Thurgood Marshall Elementary School
  • Morrow Middle School
  • Morrow High School

Additional Features

  • Accessible Entrance
  • Central Heating

Community Details

  • Property has a Home Owners Association
  • 11 Units
  • Rexford Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12149C A007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,889

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Property Condition: Resale
  • Year Built: 1973
  • Accessibility Features: Accessible Entrance
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Electric

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Near Marta, Near Schools
  • Subdivision Complex: Rexford Townhomes

Fee Information

  • Annual Expenses: 31503

Schools

  • Elementary School: Thurgood Marshall
  • Middle School: Morrow
  • High School: Morrow

Lot Info

  • Acres: 0.3300
  • Lot Features: Level
  • Parcel Number: 12149C A007
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 11

Tax Info

  • Taxes: 6889.00
  • Assessor Parcel Number: 12-0149C-00A-007
  • Close Date: 2017-03-10
  • Tax Year: 2016

MLS Schools

  • Elementary School: Thurgood Marshall
  • High School: Morrow
  • Middle School: Morrow

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $515,000 -12.6% $234 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
01/22/2017 01/22/17 For Sale $589,000 0.0% $267 / Sq Ft
01/01/2017 01/01/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $589,000 +399.2% $267 / Sq Ft
06/20/2016 06/20/16 Sold $118,000 -13.6% $54 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $136,500 -- $62 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alana Eisner

    Seller's Agent in 2017

    Alana Eisner

    Mark Spain

    (404) 509-2609

    80 Total Sales

    Alana Eisner
    Section Image

  • J

    Buyer's Agent in 2017

    James Wood

    Perimeter Property Services, LLC

    (770) 596-4642

    3 Total Sales

    James Wood
    Section Image
  • Elena Bowser

    Seller's Agent in 2016

    Elena Bowser

    Chapman Hall Realtors

    (404) 775-5656

    83 Total Sales

    Elena Bowser
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5773801

First Multiple Listing Service (FMLS)

APN: 12-149C- A-007

Georgia Clayton County Ellenwood 30294

2419 Rex Rd, Ellenwood, GA

This home is located at 2419 Rex Rd, Ellenwood, GA 30294 since 15 November 2016. This property was built in 1973. 2419 Rex Rd is a home located in Clayton County with nearby schools including Thurgood Marshall Elementary School, Morrow Middle School, and Morrow High School.

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