NOT LISTED FOR SALE

2451 Lynn Iris Dr Decatur, GA 30032

East Lake Terrace Neighborhood

Estimated Value: $256,289 - $307,000

3 Beds
1 Bath
989 Sq Ft
$273/Sq Ft Est. Value

Last Sold February 09, 2016

Last sale price $47,000 $48 Per Sq Ft

Est. 475% increase in value since last sale

Current estimated payment $1,838/month

9 Days on Market

About This Home

As of February 2016

All brick 3 bed/1 bath home near East Lake. Hardwoods. Detached garage. Long term tenant wants to stay. Current rent is $813 per month - instant income! Do NOT disturb tenant. Appointment required. No lock box. Please email listing realtor for details. Seller will cooperate with Section 8 approval for the buyer. AS IS. No disclosure.

Last Agent to Sell the Property

Marwan Karaa

RE/MAX Metro Atlanta Cityside License #284840 Listed on: 01/20/2016

RE/MAX Metro Atlanta Cityside

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,760

Year Built

  • 1950

Lot Details

  • 8,712

Interior Spaces

  • 989 Sq Ft Home
  • Crawl Space

Listing and Financial Details

  • Legal Lot and Block 10 / G

Property Details

Home Type

Other

Est. Annual Taxes

$4,760

Year Built

1950

Lot Details

0

Listing Details

  • District: 15
  • Special Features: 20
  • Year Built: 1950

Interior Features

  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Basement: Crawlspace
  • Interior Amenities: Hardwood Floors, Wall-to-wall Carpet
  • Above Grade Finished Sq Ft: 989

Exterior Features

  • Exterior Features: Deck/Patio, Fenced Yard
  • Construction: Brick 4 Sided

Garage/Parking

  • Parking: Detached

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating: Forced Air
  • Water/Sewer: Public Water, Sewer Connected

Lot Info

  • Lot Description: Sloping
  • Lot Size: Less than 1/3 Acre
  • Land Lot: 170
  • Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Feb 9, 2016
Sold by
Venice Capital Llc
Bought by
Hooper Stratton Llc
Seller's Agent
Marwan Karaa
RE/MAX Metro Atlanta Cityside
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$45,000
Sold Price
$47,000
Premium/Discount to List
$2,000
4.44%
Current Estimated Value
$270,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,322
Avg. Annual Appreciation
20.36%

Purchase Details

Closed on
Dec 3, 2013
Sold by
Dekalb County Tax Commissi
Bought by
Venice Capital Llc

Purchase Details

Closed on
Mar 14, 2011
Sold by
Watkins Michael C
Bought by
Kosmal Burton

Purchase Details

Closed on
Feb 9, 2007
Sold by
Watkins Michael
Bought by
Watkins Michael and Kosmal Burton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,850
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 19, 2006
Sold by
Walker Mary
Bought by
Watkins Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,850
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 3, 2003
Sold by
Union Planters Bk Na
Bought by
Federal Natl Mtg Assoc

Purchase Details

Closed on
May 1, 2002
Sold by
Johnson Janie C
Bought by
Culbreath Frank
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
Hooper Stratton Llc $47,000 --
Venice Capital Llc $13,000 --
Kosmal Burton -- --
Watkins Michael -- --
Watkins Michael $129,500 --
Federal Natl Mtg Assoc -- --
Union Planters Bk Na $93,178 --
Culbreath Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins Michael $70,850
Previous Owner Watkins Michael $38,850
Previous Owner Johnson Janie C $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2016 02/09/16 Sold $47,000 +4.4% $48 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $45,000 -- $46 / Sq Ft
Source: Georgia MLS

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 $4,760 $98,800 $63,600 $35,200
2023 $4,760 $96,560 $63,600 $32,960
2022 $3,704 $76,800 $32,000 $44,800
2021 $2,666 $53,160 $5,848 $47,312
2020 $2,666 $53,160 $5,848 $47,312
2019 $2,316 $53,160 $5,760 $47,400
2018 $1,453 $45,640 $5,760 $39,880
2017 $1,161 $18,772 $2,572 $16,200
2016 $563 $5,200 $1,920 $3,280
2014 $1,134 $17,680 $1,920 $15,760
Source: Public Records

Agents Affiliated with this Home

  • Marwan Karaa

    Seller's Agent in 2016

    Marwan Karaa

    RE/MAX

    250 Total Sales

    Marwan Karaa
    Section Image
  • Glenda Broker

    Buyer's Agent in 2016

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07576315

Georgia MLS

APN: 15-170-02-010

Georgia DeKalb County Decatur 30032 East Lake Terrace

2451 Lynn Iris Dr, Decatur, GA

This home is located at 2451 Lynn Iris Dr, Decatur, GA 30032 since 20 January 2016 and is currently estimated at $270,322, approximately $273 per square foot. This property was built in 1950. 2451 Lynn Iris Dr is a home located in DeKalb County with nearby schools including Toney Elementary School, Columbia Middle School, and Columbia High School.

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