NOT LISTED FOR SALE

2503 Brooks Dr Austell, GA 30106

Estimated Value: $334,000 - $387,000

3 Beds
3 Baths
1,822 Sq Ft
$199/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $335,000 $184 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,188/month

5 Days on Market

Highlights

  • RV or Boat Parking
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2022

Great opportunity for an owner-occupant or investor. Walking distance to Downtown Austell in a very safe neighborhood. The home consists of three separate dwellings. Upstairs is a completely remodeled, 3 bedroom, 2 bath unit with a large back deck. Downstairs is a 2 bedroom, 1 bath unit with private entrance and full kitchen. There is an additional 24x24 garage in the rear with a fully finished studio apartment upstairs. Downstairs of garage is unfinished. To the left of the garage is sufficient space for RV or boat storage. The garage and studio apartment were built in 2013. Upstairs and downstairs of the main home have great tenants, willing to stay. Studio apartment above the garage will be vacant at closing.

Last Agent to Sell the Property

Anthony Fontana

Cornerstone Real Estate Partners License #395599 Listed on: 04/05/2022

Last Buyer's Agent

Matthew Schneider

eXp Realty License #395805

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1958

Lot Details

  • 0.34

Home Design

  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Parking

  • Parking Pad
  • RV or Boat Parking

Schools

  • Austell Elementary School
  • Garrett Middle School
  • South Cobb High School

Additional Features

  • 1.5-Story Property
  • 0.34 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Morningside Heights Subdivision

Listing and Financial Details

  • The owner pays for garbage, electricity, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,232

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Financing Type: Conventional
  • Levels: One and One Half
  • Lot Size Acres: .34
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Bath Finished, Exterior Entry, Finished, Full
  • Price Per Square Foot: 985294

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad, RV/Boat Parking

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Austell
  • High School: South Cobb
  • Middle School: Garrett
  • Elementary School: Austell
  • Middle School: Garrett
  • High School: South Cobb

Rental Info

  • Owner Pays: Garbage, Electricity, Sewer, Water

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2232

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Jun 8, 2022
Sold by
Kyle Colby
Bought by
Freese William Nicholas and Freese Jessica
Seller's Agent
Anthony Fontana
Cornerstone Real Estate Partners
Buyer's Agent
Matthew Schneider
eXp Realty
List Price
$330,000
Sold Price
$335,000
Premium/Discount to List
$5,000
1.52%
Current Estimated Value
$355,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,265
Avg. Annual Appreciation
2.09%
Original Mortgage
$251,250
Outstanding Balance
$240,092
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$117,709

Purchase Details

Listed on
Apr 8, 2020
Closed on
Jun 8, 2020
Sold by
Thornton Keith J
Bought by
Colby Kyle
Seller's Agent
Keith Thornton
NOT A VALID MEMBER
Buyer's Agent
Anthony Fontana
Cornerstone Real Estate Partners, LLC
List Price
$214,000
Sold Price
$205,000
Premium/Discount to List
-$9,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.83%
Original Mortgage
$201,286
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2010
Sold by
Taylor Harvey L
Bought by
Thornton Keith J
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
Freese William Nicholas $335,000 Neel Robinson & Stafford Llc
Colby Kyle $205,000 None Available
Thornton Keith J $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freese William Nicholas $251,250
Previous Owner Colby Kyle $249,600
Previous Owner Colby Kyle $201,286
Previous Owner Thornton Keith J $55,000
Previous Owner Taylor Harvey Lee $51,053
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $335,000 +1.5% $184 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $330,000 +61.0% $181 / Sq Ft
06/08/2020 06/08/20 Sold $205,000 -4.2% $91 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $214,000 -- $95 / 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 $3,639 $134,000 $27,920 $106,080
2023 $3,639 $134,000 $27,920 $106,080
2022 $2,221 $81,188 $16,000 $65,188
2021 $2,232 $81,188 $16,000 $65,188
2020 $1,376 $62,664 $14,000 $48,664
2019 $1,245 $55,780 $14,000 $41,780
2018 $1,019 $47,028 $14,000 $33,028
2017 $956 $47,028 $14,000 $33,028
2016 $651 $35,168 $8,000 $27,168
2015 $632 $33,812 $8,000 $25,812
2014 $639 $33,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10035315

Georgia MLS

APN: 19-1306-0-047-0