2529 Riggs Dr Atlanta, GA 30344
Estimated payment $1,650/month
Highlights
- Property is near public transit
- Wooded Lot
- Wood Flooring
- Private Lot
- Ranch Style House
- Solid Surface Countertops
About This Home
Turnkey Investment - $4700+ Monthly Income! This property is an occupied, turnkey 11%+ cap rate rental that is fully set up, furnished and functioning under one lease. Riggs Drive is a spacious brick home configured with 6 bedrooms, 3 baths and a fully equipped kitchen which makes it perfect for a solid investment. This property is currently grossing over $56,000 per year. Public transportation is located 450 feet down the street with easy access to expressways, shopping, restaurants and parks - just a few minutes by car or public transportation to Hartsfield-Jackson Atlanta Airport and a quick drive to Downtown Atlanta. Don't miss this opportunity to own a turnkey investment property with proven results!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,372
Year Built
- Built in 1955
Lot Details
- 0.33 Acre Lot
- Wood Fence
- Back Yard Fenced
- Private Lot
- Level Lot
- Wooded Lot
- Garden
Home Design
- Ranch Style House
- Block Foundation
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- Roommate Plan
- Ceiling Fan
- Double Pane Windows
- Entrance Foyer
- Screened Porch
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Microwave
- Solid Surface Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- Split Bedroom Floorplan
Laundry
- Laundry in Mud Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
- Natural lighting in basement
Parking
- 1 Parking Space
- Carport
- Parking Accessed On Kitchen Level
Location
- Property is near public transit
- Property is near schools
- Property is near shops
Schools
- Hamilton Holmes Elementary School
- Paul D West Middle School
- Therrell High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4 / D-J
Community Details
Overview
- No Home Owners Association
- Conley Hills Subdivision
Recreation
- Community Playground
- Community Pool
- Park
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,290 | $90,800 | $28,040 | $62,760 |
| 2023 | $2,563 | $90,800 | $28,040 | $62,760 |
| 2022 | $1,795 | $68,240 | $11,280 | $56,960 |
| 2021 | $899 | $59,560 | $8,520 | $51,040 |
| 2020 | $2,335 | $53,960 | $10,960 | $43,000 |
| 2019 | $741 | $46,920 | $10,320 | $36,600 |
| 2018 | $779 | $27,600 | $4,720 | $22,880 |
| 2017 | $385 | $13,200 | $3,600 | $9,600 |
| 2016 | $385 | $13,200 | $3,600 | $9,600 |
| 2015 | $695 | $13,200 | $3,600 | $9,600 |
| 2014 | $405 | $13,200 | $3,600 | $9,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | For Sale | $275,900 | +417.6% | $215 / Sq Ft | |
| 04/16/2014 04/16/14 | Sold | $53,300 | +12.8% | $40 / Sq Ft | View Prior Sale |
| 03/17/2014 03/17/14 | Pending | -- | -- | -- | |
| 03/09/2014 03/09/14 | For Sale | $47,250 | -- | $35 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | -- | |
| Warranty Deed | $53,300 | -- | |
| Warranty Deed | $24,960 | -- | |
| Foreclosure Deed | $24,960 | -- | |
| Deed | $95,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $204,000 | Mortgage Modification | |
| Previous Owner | $94,950 | FHA |
Source: Georgia MLS
MLS Number: 10641186
APN: 14-0188-0004-013-4
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