$515,000
SOLD NOV 13, 2023

263 Weldon Rd Palmetto, GA 30268

-- Bed
-- Bath
1,760 Sq Ft
1.22 Acres

Recently Sold

$293 Per Sq Ft

17% Below List Price

47 Days on Market

Highlights

  • View of Trees or Woods
  • 1.22 Acre Lot
  • 8 Car Attached Garage
  • Arbor Springs Elementary School Rated A-
  • Wooded Lot
  • Bay Window

About This Home

As of June 2025

Just Reduced! Large Renovated Duplex with In-Law Suite Potential or Lucrative Rental Opportunity in Northgate school district! This oversized duplex, renovated with modern touches, presents an extraordinary chance to embrace versatile living arrangements. Whether you're seeking an in-law suite to accommodate extended family or a high-yield rental property, this property fulfills both dreams effortlessly. Units can be easily combined and each features an attached garage, 2br/2ba with an additional flex space for an office, nursery, or laundry. Both units feature brand-new kitchens boasting modern aesthetics, and new appliances glisten alongside stunning granite surfaces. Primary bathrooms feature high vaulted ceilings and skylights. The secondary bathrooms echo the same attention to detail with new vanities, skylights, and ample storage space. Discover the convenience of custom upgrades such as in-ceiling speakers, new recessed lighting, and a central vacuum system. A newly painted and re-roofed detached garage not only provides two additional covered parking spaces but also a dedicated area for an RV, lawn equipment, or electric vehicle ready charger. With newer roof and HVAC units, the worry of upcoming maintenance is alleviated, allowing you to relish in the comfort of your new abode. Retreat to your private oasis as you step onto covered screened porches that overlook the serene wooded backyard that backs up to a creek. Offering the flexibility of separate tax IDs for each unit, you have the option to capitalize on individual sales in the future. Seize this moment to secure your place in an exceptional property that redefines the possibilities of modern living. Whether you're drawn to the allure of multigenerational comfort or the allure of a profitable investment, this duplex delivers on all fronts.

Last Agent to Sell the Property

James McMichael

Trend Atlanta Realty, Inc. License #294268 Listed on: 09/01/2023

Co-Listed By

Shayne Albright

Trend Atlanta Realty, Inc. License #126568

Last Buyer's Agent

James McMichael

Trend Atlanta Realty, Inc. License #294268 Listed on: 09/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $539

Year Built

  • Built in 1990

Lot Details

  • 1.22 Acre Lot
  • Chain Link Fence
  • Wooded Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Bay Window
  • Vinyl Flooring
  • Views of Woods
  • Carbon Monoxide Detectors

Parking

  • 8 Car Attached Garage
  • Carport

Schools

  • Arbor Springs Elementary School
  • Madras Middle School
  • Northgate High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 117-7065-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$539

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 1/2 DUPLEX & PORT LOT 17 PALMETTO FARMS
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1990
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Vinyl
  • Window Features: Bay Window(s), Double Panes

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Chain Link
  • View: Trees/Woods

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking Features: Attached, Carport, Detached, Garage, Paved

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Heat Pump
  • Utilities: Cable Available, Electricity Available, Underground Utilities

Schools

  • Elementary School: Arbor Springs
  • Middle School: Madras
  • High School: Northgate

Lot Info

  • Acres: 1.2200
  • Lot: 00
  • Land/Lot: 00
  • Section G M D: 00
  • Plat Book: 00
  • Plat Page: 00
  • Lot Features: Wooded
  • Lot Dimensions: x
  • Parcel Number: 117-7065-011
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 539.00
  • Assessor Parcel Number: 117-7065-011
  • Additional Assessor Parcel Numbers: 117-7-065-024
  • Close Date: 2023-11-13
  • Tax Year: 2022

MLS Schools

  • Elementary School: Arbor Springs
  • High School: Northgate
  • Middle School: Madras

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Nov 13, 2023
Sold by
Lascola Michael Joseph
Bought by
Finch Justin Brooks and Winfrey Vertice
Seller's Agent
James McMichael
Trend Atlanta Realty, Inc.
Buyer's Agent
James McMichael
Trend Atlanta Realty, Inc.
List Price
$619,000
Sold Price
$515,000
Premium/Discount to List
-$104,000
-16.8%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$412,000
Outstanding Balance
$406,272
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$134,473

Purchase Details

Closed on
May 11, 2023
Sold by
Parker Bobbie L
Bought by
Lascola Michael Joseph and Mcmichael James Vance

Purchase Details

Closed on
Sep 14, 2009
Sold by
Adams Jeremy
Bought by
Parker Bobbie L and Parker Brenda G

Purchase Details

Closed on
Oct 27, 2006
Sold by
Adams Kenneth
Bought by
Kenneth Adams Trust

Purchase Details

Closed on
Jun 23, 2006
Sold by
Adams Kenneth
Bought by
Adams Kenneth Estate

Purchase Details

Closed on
Feb 23, 2005
Sold by
Adams Bobbie L
Bought by
Adams Kenneth

Purchase Details

Closed on
Oct 10, 2003
Sold by
Adams Bobbie Lynn
Bought by
Adams Kenneth

Purchase Details

Closed on
Oct 12, 1998
Sold by
Samples Leroy and Samples Geraldine C
Bought by
Adams Bobbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.8%

Purchase Details

Closed on
Oct 11, 1989
Bought by
Samples Leroy and Samples Ann
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 Type Sale Price Title Company
Warranty Deed $515,000 --
Limited Warranty Deed $400,000 --
Deed $30,000 --
Quit Claim Deed -- --
Deed -- --
Quit Claim Deed -- --
Deed -- --
Deed $84,000 --
Deed $11,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,000 New Conventional
Previous Owner $54,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $500,000 -7.2% $284 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $539,000 0.0% $306 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $539,000 -0.9% $306 / Sq Ft
02/16/2025 02/16/25 Price Changed $544,000 -0.9% $309 / Sq Ft
02/04/2025 02/04/25 For Sale $549,000 +6.6% $312 / Sq Ft
11/13/2023 11/13/23 Sold $515,000 -1.9% $293 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $525,000 -3.6% $298 / Sq Ft
09/14/2023 09/14/23 Price Changed $544,500 -8.5% $309 / Sq Ft
09/06/2023 09/06/23 Price Changed $595,000 -3.9% $338 / Sq Ft
09/01/2023 09/01/23 For Sale $619,000 -- $352 / 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
2023 $4,526 $77,070 $5,092 $71,978
2022 $1,804 $73,212 $4,850 $68,362
2021 $1,636 $62,147 $4,850 $57,297
2020 $1,747 $65,925 $8,628 $57,297
2019 $1,287 $43,973 $6,007 $37,966
2018 $1,289 $43,973 $6,007 $37,966
2017 $1,289 $43,973 $6,007 $37,966
2016 $1,273 $43,973 $6,007 $37,966
2015 $1,252 $43,973 $6,007 $37,966
2014 $1,242 $43,973 $6,007 $37,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7266357

First Multiple Listing Service (FMLS)

APN: 117-7065-011