NOT LISTED FOR SALE

2433 Martin Luther King Junior Blvd Gainesville, GA 30501

Newtown Neighborhood

Estimated Value: $222,000 - $335,000

3 Beds
2 Baths
1,572 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $37,000 $24 Per Sq Ft

Est. 638% increase in value since last sale

Current estimated payment $1,745/month

41 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Fenced
  • Ranch Style House
  • Den

About This Home

As of April 2012

Fannie Mae Investor's Dream Property. Located on a large lot with fenced backyard and extra parking, this home has great potential. Nice hardwoods. Needs work but at this price you can't go wrong. CASH only. This Fannie Mae property may be approved for Homepath Renovation Mortgage Financing. Purchase this property for as little as 3% down.

Last Agent to Sell the Property

LISA HARDIMAN

NOT A VALID MEMBER License #317135 Listed on: 03/09/2012

Co-Listed By

BILL SHOFNER

NOT A VALID MEMBER License #320178

Last Buyer's Agent

Johnny Gonzales

Virtual Properties Realty.com License #219633

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • Fenced
  • Sloped Lot

Home Design

  • Ranch Style House
  • Fixer Upper

Interior Spaces

  • 1,572 Sq Ft Home
  • Wood Burning Stove
  • Den
  • Wood Flooring
  • Crawl Space

Kitchen

  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Parking Pad
  • Driveway

Schools

  • Fair Street International Academy Elementary School
  • Gainesville Middle School
  • Gainesville High School

Listing and Financial Details

  • Legal Lot and Block 106D / 8
  • Assessor Parcel Number 2433SEMartinLutherKingJrBLVD

Home Details

Home Type

Single Family

Year Built

Built in 1968

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: Fixer Upper
  • Year Built: 1968
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Wood Burning Stove
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Den
  • Square Footage: 1572.00

Beds/Baths

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

Exterior Features

  • Fencing: Fenced

Garage/Parking

  • Carport or Garage: 1
  • Number of Carport Spaces: 1
  • Parking Features: Carport, Driveway, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Fair Street International Academy
  • Middle School: Gainesville
  • High School: Gainesville

Lot Info

  • Lot: 106D
  • Lot Features: Sloped
  • Lot Dimensions: .17
  • Parcel Number: 2433SEMartinLutherKingJrBLVD
  • Property Attached Yn: No

Tax Info

  • Taxes: 1423.00
  • Assessor Parcel Number: 01-0034-08-010
  • Close Date: 2012-04-30
  • Tax Year: 2011

MLS Schools

  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Fair Street International Academy
  • High School: Gainesville
  • Middle School: Gainesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
Apr 30, 2012
Sold by
Federal National Mortgage Association
Bought by
Turcios Osman V
Seller's Agent
LISA HARDIMAN
NOT A VALID MEMBER
Buyer's Agent
Johnny Gonzales
Virtual Properties Realty.com
List Price
$42,000
Sold Price
$37,000
Premium/Discount to List
-$5,000
-11.9%
Total Days on Market
41
Current Estimated Value
$273,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,234
Avg. Annual Appreciation
15.36%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Ochoa Ma Guadalupe and Ochoa Hurtado-
Bought by
Wells Fargo Bank Wells Fargo Bank N and Wells Fargo Bank A

Purchase Details

Closed on
Jan 20, 2005
Sold by
Summerour Leroy
Bought by
Ochoa Ma Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Turcios Osman V -- --
Wells Fargo Bank Wells Fargo Bank N -- --
Federal National Mtg Associati $124,491 --
Wells Fargo Bank Na $124,491 --
Ochoa Ma Guadalupe $121,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ochoa Ma Guadalupe $121,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $37,000 -11.9% $24 / Sq Ft
03/31/2012 03/31/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $42,000 -- $27 / 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
2024 $2,527 $88,240 $8,800 $79,440
2023 $333 $82,960 $8,800 $74,160
2022 $310 $65,840 $8,800 $57,040
2021 $317 $60,960 $8,800 $52,160
2020 $1,765 $58,720 $8,800 $49,920
2019 $1,816 $59,520 $8,800 $50,720
2018 $275 $46,440 $8,000 $38,440
2017 $290 $43,327 $8,000 $35,327
2016 $1,334 $44,047 $8,720 $35,327
2015 $743 $38,247 $3,320 $34,927
2014 $743 $38,247 $3,320 $34,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4334907

First Multiple Listing Service (FMLS)

APN: 01-00034-08-010