NOT LISTED FOR SALE

2626 Terrace Pkwy Morrow, GA 30260

Estimated Value: $51,000 - $74,000

2 Beds
1 Bath
899 Sq Ft
$66/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $45,000 $50 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $415/month

59 Days on Market

Highlights

  • Property is near public transit
  • Patio
  • Forced Air Heating and Cooling System
  • End Unit
  • 1-Story Property
  • Fenced

About This Home

As of March 2023

Tucked away in Morrow, this 2 bedroom, 1 bath ranch style townhome has a simple yet functional layout. Super affordable, this open concept home features a galley kitchen with a view to the living room and access to a private, fenced courtyard. Great for investors or someone w/access to a Handyman. Needs just a bit of TLC to bring it to maximum value. Owner liquidating this CASH COW! Priced well below ARV and ready for maximum cashflow with rehab. BEING SOLD AS IS! Do your due diligence up front, prior to submitting a contract. Seeking quick close, CASH or hard money.

Last Agent to Sell the Property

Lavenia Whitner

BHGRE Metro Brokers License #377664 Listed on: 01/10/2023

BHGRE Metro Brokers

Co-Listed By

Derek Whitner

BHGRE Metro Brokers License #362417

Last Buyer's Agent

Andrea Reaves

Sanders Real Estate License #420096

Sanders Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $749

Year Built

  • Built in 1973

Lot Details

  • End Unit
  • Fenced

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Garden Home
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 899 Sq Ft Home
  • 1-Story Property
  • Laundry in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • $600 Initiation Fee
  • Association fees include maintenance exterior, ground maintenance, pest control, sewer, water
  • Brigadoon Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$749

Year Built

Built in 1973

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • ArchitecturalStyle: Other
  • Co List Office: MTBR08
  • Electric: 220 Volts
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .00
  • Property Sub-Type: Townhouse
  • Structure Type: Garden/Patio Home
  • Total Finished Area2: 899
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 899
  • Above Grade Finished Sq Ft: 899
  • Interior Amenities: Master On Main Level, Other, Split Bedroom Plan
  • Full Bathrooms: 1
  • Flooring: Carpet, Vinyl

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Other
  • Fencing: Fenced
  • Foundation Details: Slab
  • Lot Features: None
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Kitchen
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 380
  • Association: Yes
  • Community Features: Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Initiation Fee: 600
  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Sewer, Water

Schools

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 749

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Mar 31, 2023
Sold by
Snow Lauren
Bought by
Arabikatbi Taoulai
Seller's Agent
Lavenia Whitner
BHGRE Metro Brokers
Buyer's Agent
Andrea Reaves
Sanders Real Estate
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Views
352
Current Estimated Value
$59,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,718
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Feb 15, 2018
Sold by
Henderson
Bought by
Snow Lauren
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arabikatbi Taoulai $45,000 --
Snow Lauren $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $45,000 -18.2% $50 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $55,000 +22.2% $61 / Sq Ft
01/23/2023 01/23/23 Off Market $45,000 -- --
01/10/2023 01/10/23 For Sale $55,000 -- $61 / 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
2025 $823 $22,800 $4,000 $18,800
2024 $936 $24,000 $4,000 $20,000
2023 $836 $23,160 $4,000 $19,160
2022 $749 $19,080 $4,000 $15,080
2021 $1,109 $4,000 $4,000 $7,938
2020 $477 $11,938 $4,000 $7,938
2019 $325 $8,000 $4,000 $4,000
2018 $413 $10,161 $4,000 $6,161
2017 $367 $9,022 $4,000 $5,022
2016 $548 $13,474 $4,000 $9,474
2015 $545 $0 $0 $0
2014 $542 $13,635 $4,000 $9,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10121279

Georgia MLS

APN: 12-0117D-00C-0010-D01