Investment Opportunity! Being sold AS IS with no seller disclosures. Must close with tenant in place. ($900/mo). Excellent income potential as long term hold or fix n flip. Original heart of pine floors. 3br. 1 bath, with clawfoot tub. Sep Living room. Sep Dining Room. Rear Laundry Room. Detached 2 car garage. Oak cabinets in kitchen. Updated cpvc water lines. Charming lot across from EP Historical Soc. Do NOT disturb Tenant. Price is firm New East Point Trail for biking/jogging/walking is at the corner of Lester and Norman Berry. Easy access to MARTA. Nice walk to Rose Garden and Velodrome.
Exterior Features: Private Yard, Private Front Entry, Private Rear Entry
View: City
Garage/Parking
Carport or Garage: 2
Number of Garage Spaces: 2
Number Of Parking Spaces: 5
Parking Features: Detached, Garage
Utilities
Sewer: Public Sewer
Water Source: Public
Security: Secured Garage/Parking
Cooling: Central Air
Heating: Central, Forced Air
Laundry Features: Laundry Room, Main Level
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Electric: 220 Volts
Condo/Co-op/Association
Community Features: Homeowners Assoc, Public Transportation, Near Trails/Greenway, Park, Playground, Sidewalks, Tennis Court(s), Near Marta, Near Schools
Subdivision Complex: Semmes Park
Schools
Elementary School: Conley Hills
Middle School: Paul D. West
High School: Tri-Cities
Lot Info
Acres: 0.2100
Lot Features: Back Yard, Level, Front Yard
Lot Dimensions: 0x0x0
Parcel Number: 14 015600040207
Horse Amenities: None
Land Lease: No
Property Attached Yn: No
Green Features
Green Energy Generation: None
Tax Info
Taxes: 2557.00
Assessor Parcel Number: 14-0156-0004-020-7
Close Date: 2020-07-31
Tax Year: 2019
MLS Schools
School Bus Route Middle: Yes
Elementary School: Conley Hills
High School: Tri-Cities
Middle School: Paul D. West
Ownership History
DateNameOwned ForOwner Type
Nov 2021 - Present2531 Lester Llc3 Years and 7 Months
Company
Purchase Details
Closed on
Nov 4, 2021
Sold by
Giraldo Jorge Andres
Bought by
2531 Lester Llc
Total Days on Market
9
Current Estimated Value
$222,490
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Outstanding Balance
$162,966
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$75,085
Jul 2020 - Nov 2021Ochoa Jorge Eduardo Gil and Correa Jorge A1 Year and 4 Months
Private Individual
Purchase Details
Listed on
Jun 29, 2020
Closed on
Jul 31, 2020
Sold by
Riley James K
Bought by
Ochoa Jorge Eduardo Gil and Correa Jorge A
Seller's Agent
Joan Shorter
Intown Focus Realty, LLC.
Buyer's Agent
MIGUEL FULLEDA
Propex Realty, LLC
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.63%
Aug 2004 - Jul 2020Riley Connie P15 Years and 11 Months
Private Individual
Purchase Details
Closed on
Aug 18, 2004
Sold by
New Horizons R/E Investments Inc
Bought by
Riley Connie P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,350
Interest Rate
7.75%
Mortgage Type
New Conventional
Apr 2004 - Aug 2004New Horizons Real Est Invst Inc4 Months
Private Individual
Purchase Details
Closed on
Apr 15, 2004
Sold by
English David S and English Deziree J
Bought by
New Horizons Real Est Invst Inc
Sep 2001 - Apr 2004English David S2 Years and 7 Months
Private Individual
Purchase Details
Closed on
Sep 13, 2001
Sold by
Neal Deziree J
Bought by
English David S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.89%
Mortgage Type
New Conventional
Jun 1998 - Sep 2001Neal Deziree J3 Years and 3 Months
Private Individual
Purchase Details
Closed on
Jun 26, 1998
Sold by
Gerson Barbara A
Bought by
Neal Deziree J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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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
2531 Lester Llc
--
--
Ochoa Jorge Eduardo Gil
$100,000
--
Riley Connie P
$101,500
--
New Horizons Real Est Invst Inc
$80,700
--
English David S
$132,000
--
Neal Deziree J
$67,500
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Ochoa Jorge Eduardo Gil
$176,250
Previous Owner
Riley Connie P
$109,550
Previous Owner
Riley James K
$128,000
Previous Owner
Riley Connie P
$91,350
Previous Owner
English David S
$105,600
Previous Owner
Neal Deziree J
$80,750
Previous Owner
Neal Deziree J
$60,750
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
07/31/202007/31/20
Sold
$100,000
-9.1%
$80 / Sq Ft
07/08/202007/08/20
Pending
--
--
--
06/29/202006/29/20
For Sale
$110,000
--
$88 / Sq Ft
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 2531 Lester St, Atlanta, GA 30344 since 29 June 2020 and is currently estimated at $222,490, approximately $178 per square foot. This property was built in 1926. 2531 Lester St is a home located in Fulton County with nearby schools including Hamilton E. Holmes Elementary School, Paul D. West Middle School, and Tri-Cities High School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.