NOT LISTED FOR SALE

262 Kimberly Way SW Marietta, GA 30064

Southwestern Marietta Neighborhood

Estimated Value: $414,000 - $480,000

4 Beds
4 Baths
2,378 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $146,000 $61 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $2,449/month

23 Days on Market

Highlights

  • Property is near public transit
  • Tennis Courts
  • Restaurant
  • A.L. Burruss Elementary School Rated 9+
  • Park
  • Four Sided Brick Exterior Elevation

About This Home

As of March 2016

HIGHLY SOUGH DUPLEX HOME,EXCELLENT INVESTMENT OPPORTUNITY, VERY STEADY AND LONGTERM OCCUPANTS. MAINTENANCE-FREE FOUR SIDED BRICK, FABULOUS MARIETTA LOCATION, FREE STANDING NO ASSOCIATION DUES, EACH UNITS OFFER 3/1, IMMEDIATE CASH FLOW, GREAT OPPORTUNITY FOR SEASONED OR NEW INVESTOR.

Last Agent to Sell the Property

GAMALIER STURGIS

Sturgis Realty Group License #335208 Listed on: 01/14/2016

Last Buyer's Agent

Michael Bankole

Your Home Sold Guaranteed Realty Heritage Oaks License #307997

Your Home Sold Guaranteed Realty Heritage Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $321

Year Built

  • Built in 1962

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Slate Roof
  • Four Sided Brick Exterior Elevation

Parking

  • 2 Parking Spaces
  • Varies By Unit

Location

  • Property is near public transit
  • Property is near shops

Schools

  • A.L. Burruss Elementary School
  • Marietta Middle School
  • Marietta High School

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block o / A
  • Assessor Parcel Number 16129600500

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Additional Features

  • 2 Units
  • Restaurant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$321

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1962
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Slate

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Near Shopping, Park, Playground, Public Transportation, Restaurant, Tennis Court(s)

Lot Info

  • Acres: 0.3300
  • Lot: o
  • Section G M D: o
  • Plat Book: 14744
  • Plat Page: 1113
  • Lot Features: Level
  • Lot Dimensions: .39
  • Parcel Number: 16129600500
  • Property Attached Yn: No

Tax Info

  • Taxes: 321.00
  • Tax Year: 2015

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: A.L. Burruss
  • High School: Marietta
  • Middle School: Marietta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Mar 16, 2016
Sold by
Southwind Properties Enterprises Llc
Bought by
Carter Chad E
Seller's Agent
GAMALIER STURGIS
Sturgis Realty Group
Buyer's Agent
Michael Bankole
Your Home Sold Guaranteed Realty Heritage Oaks
List Price
$149,500
Sold Price
$146,000
Premium/Discount to List
-$3,500
-2.34%
Current Estimated Value
$443,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,730
Avg. Annual Appreciation
12.16%
Original Mortgage
$109,500
Outstanding Balance
$86,431
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$357,299

Purchase Details

Closed on
Jul 27, 1999
Sold by
Shepherd Elton W
Bought by
Marlatt Michael K and Marlatt Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carter Chad E $146,000 --
Marlatt Michael K $103,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Chad E $109,500
Previous Owner Marlatt Michael K $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2016 03/16/16 Sold $146,000 -2.3% $61 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $149,500 -- $63 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $1,361 $160,928 $52,000 $108,928
2024 $1,361 $160,928 $52,000 $108,928
2023 $1,082 $127,892 $34,000 $93,892
2022 $872 $103,108 $20,000 $83,108
2021 $886 $103,108 $20,000 $83,108
2020 $691 $80,448 $16,000 $64,448
2019 $510 $59,364 $12,000 $47,364
2018 $510 $59,364 $12,000 $47,364
2017 $395 $57,364 $10,000 $47,364
2016 $295 $42,768 $6,000 $36,768
2015 $321 $42,768 $6,000 $36,768
2014 $170 $21,996 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • GAMALIER STURGIS

    Seller's Agent in 2016

    GAMALIER STURGIS

    Sturgis Realty Group

    (678) 281-4956

    1 in this area

    54 Total Sales

    GAMALIER STURGIS
    Section Image
  • Michael Bankole

    Buyer's Agent in 2016

    Michael Bankole

    Your Home Sold Guaranteed Realty Heritage Oaks

    (404) 953-3318

    1 in this area

    12 Total Sales

    Michael Bankole
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5635725

First Multiple Listing Service (FMLS)

APN: 16-1296-0-050-0

Georgia Cobb County Marietta 30064 Southwestern Marietta

262 Kimberly Way SW, Marietta, GA

Not Listed for Sale

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