NOT LISTED FOR SALE

2505 Columbia Dr Unit Y2 Decatur, GA 30034

Panthersville Neighborhood

Estimated Value: $19,542,443

9 Beds
9 Baths
4,219 Sq Ft
$4,632/Sq Ft Est. Value

Last Sold October 26, 2015

Last sale price $2,800,000 $664 Per Sq Ft

Est. 598% increase in value since last sale

Current estimated payment $122,835/month

252 Days on Market

About This Home

As of October 2015

THIS IS 161 UNITS. POSSIBLE SHORT SALE PRICED FOR QUICK SALE. OWNER IS HIGHLY MOTIVATED TO MAKE AN OFFER. THIS COMPLEX IS BRICK AND FRAME WITH ABOUT 70% OCCUPANCY.

Last Agent to Sell the Property

GENE EVANS

Virtual Properties Realty.Net License #168094 Listed on: 01/16/2015

Virtual Properties Realty.Net

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $157,607

Year Built

  • 1967

Lot Details

  • 14

Home Design

  • Slab Foundation

Utilities

  • Gas Water Heater

Community Details

  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$157,607

Year Built

1967

Lot Details

0

Listing Details

  • District: 15
  • Special Features: 12
  • Year Built: 1967

Interior Features

  • Basement: Slab/None

Exterior Features

  • Construction: Brick/Frame

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling Fuel: Electric, Gas
  • Cooling: Central
  • Heating Fuel: Electric, Gas
  • Heating: Central
  • Energy Features: Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Clubhouse

Schools

  • Middle School Bus: Yes
  • Elementary School: Rainbow / Dekalb / Dekalb County, GA
  • Middle School: Columbia / Dekalb / Dekalb County, GA
  • High School: Southwest Dekalb / Dekalb / Dekalb County, GA
  • Elementary Bus Line: Yes

Lot Info

  • Quadrant: SE

Multi Family

  • Total Units: 161
  • Utility Billing: Gas Individual Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2022
Sold by
Southern Equity Holdings Llc
Bought by
4373 Glenwood Llc
Total Days on Market
252
Current Estimated Value
$19,542,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.16%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Feb 14, 2020
Sold by
Taameer Capital Llc
Bought by
Forest At Columbia 2019 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
4373 Glenwood Llc $19,500,000 --
Suthern Equity Holdings Llc $13,950,000 --
Forest At Columbia 2019 Lp $10,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Suthern Equity Holdings Llc $4,000,000
Previous Owner Forest At Columbia 2019 Lp $3,800,000
Previous Owner Forest At Columbia 2019 Lp $4,700,000
Previous Owner Taameer Capital Llc $3,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $2,800,000 -28.2% $664 / Sq Ft
09/26/2015 09/26/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $3,900,000 -- $924 / 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
2023 $157,607 $3,422,680 $323,200 $3,099,480
2022 $154,085 $3,422,680 $323,200 $3,099,480
2021 $181,180 $4,040,000 $333,640 $3,706,360
2020 $65,887 $1,413,144 $336,000 $1,077,144
2019 $85,326 $1,856,040 $336,000 $1,520,040
2018 $66,229 $1,409,144 $336,000 $1,073,144
2017 $69,702 $1,456,850 $336,000 $1,120,850
2016 $53,357 $1,120,000 $336,000 $784,000
2014 $65,458 $1,360,000 $408,000 $952,000
Source: Public Records

Agents Affiliated with this Home

  • GENE EVANS

    Seller's Agent in 2015

    GENE EVANS

    Virtual Properties Realty.NET

    8 Total Sales

    GENE EVANS
    Section Image
  • Glenda Broker

    Buyer's Agent in 2015

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07388540

Georgia MLS

APN: 15-122-01-024

Georgia DeKalb County Decatur 30034 Panthersville

2505 Columbia Dr Unit Y2, Decatur, GA

This home is located at 2505 Columbia Dr Unit Y2, Decatur, GA 30034 since 16 January 2015 and is currently estimated at $19,542,443, approximately $4,632 per square foot. This property was built in 1967. 2505 Columbia Dr Unit Y2 is a home located in DeKalb County with nearby schools including Columbia Elementary School, Columbia Middle School, and Columbia High School.

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