NOT LISTED FOR SALE

2581 Sparta Dr Morrow, GA 30260

Estimated Value: $262,000 - $331,000

9 Beds
3 Baths
1,920 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $285,000 $148 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,700/month

13 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Shed
  • Solid Surface Countertops
  • Patio
  • Tile Flooring

About This Home

As of September 2024

This unincorporated Clayton County rental is ideal for the savvy investor. The income is bananas- it grosses $6100 per month on average, performing at an eye-popping 13%+ cap rate. It's close to the interstate, the busiest airport in the world, and major logistics centers to ensure superb connectivity and access to jobs. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.

Last Agent to Sell the Property

Josh Stanton

Keller Williams Realty License #379772 Listed on: 07/18/2024

Keller Williams Realty

Last Buyer's Agent

Brandon Beamer

Keller Williams Realty License #421708

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,821

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot
  • Wood Fence
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Multi-Level Property
  • Solid Surface Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

Finished Basement

  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Patio
  • Shed

Schools

  • Mcgarrah Elementary School
  • Morrow Middle School
  • Morrow High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 15 / D

Community Details

Overview

  • No Home Owners Association
  • Renaldo Manor Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,821

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 12
  • Unit: 3
  • Year Built: 1972
  • ArchitecturalStyle: Traditional
  • Financing Type: Conventional
  • Levels: Multi/Split
  • Lot Size Acres: .34
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Bedrooms: 9
  • Basement: Bath Finished, Daylight, Finished
  • Total Finished Sq Ft: 1920
  • Above Grade Finished Sq Ft: 1920
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Flooring: Laminate, Tile
  • Kitchen Features: Solid Surface Counters
  • Price Per Square Foot: 148.437

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 4

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • Fencing: Back Yard, Chain Link, Wood
  • Foundation Details: Slab
  • Lot Features: Other
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mcgarrah
  • High School: Morrow
  • High School Bus: No
  • Middle School: Morrow
  • Middle School Bus: No
  • Elementary School: Mcgarrah
  • Middle School: Morrow
  • High School: Morrow

Lot Info

  • Land Lot: 117
  • Lot: 15
  • Deed Book: 12613
  • Deed Page: 902
  • Plat Book: 12
  • Plat Page: 121

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1821

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Sep 19, 2024
Sold by
Psatl56- 2581 Sparta Dr Llc
Bought by
Ohana Peachtree Properties Llc
Seller's Agent
Josh Stanton
Keller Williams Realty
Buyer's Agent
Brandon Beamer
Keller Williams Realty
List Price
$285,000
Sold Price
$285,000
Views
21
Current Estimated Value
$282,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,553
Avg. Annual Appreciation
-0.89%
Original Mortgage
$195,000
Outstanding Balance
$193,180
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$89,267

Purchase Details

Closed on
Jun 10, 2021
Sold by
Vaughn Glenda Louise Early
Bought by
Psatl56 2581 Sparta Dr Llc
Source: Public Records

Range of Values:

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Average Value
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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
Ohana Peachtree Properties Llc $285,000 --
Psatl56 2581 Sparta Dr Llc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohana Peachtree Properties Llc $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $285,000 0.0% $148 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $285,000 -- $148 / 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 $2,419 $62,000 $8,800 $53,200
2023 $2,239 $62,000 $8,800 $53,200
2022 $1,980 $50,440 $8,800 $41,640
2021 $1,667 $42,200 $8,800 $33,400
2020 $1,371 $34,271 $8,800 $25,471
2019 $1,355 $33,375 $6,400 $26,975
2018 $1,143 $28,159 $6,400 $21,759
2017 $939 $23,088 $6,400 $16,688
2016 $907 $22,292 $6,400 $15,892
2015 $901 $0 $0 $0
2014 $1,070 $26,891 $6,400 $20,491
Source: Public Records

Agents Affiliated with this Home

  • Josh Stanton

    Seller's Agent in 2024

    Josh Stanton

    Keller Williams Realty

    (678) 929-5949

    239 Total Sales

    Josh Stanton
    Section Image

  • B

    Buyer's Agent in 2024

    Brandon Beamer

    Keller Williams Realty

    (470) 653-9534

    43 Total Sales

    Brandon Beamer
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10340914

Georgia MLS

APN: 12-0117C-00B-002

Georgia Clayton County Morrow 30260

2581 Sparta Dr, Morrow, GA

This home is located at 2581 Sparta Dr, Morrow, GA 30260 since 18 July 2024 and is currently estimated at $282,447, approximately $147 per square foot. This property was built in 1972. 2581 Sparta Dr is a home located in Clayton County with nearby schools including William M. Mcgarrah Elementary School, Morrow Middle School, and Morrow 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.

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