Seller's Agent in 2025
Janice Overbeck
Keller Williams Realty Atlanta North
(404) 585-8881
675 Total Sales
2638 Fieldstone View Ln SE Conyers, GA 30013
--
Bed
--
Bath
--
Sq Ft
0.49
Acres
Highlights
- No HOA
- Energy-Efficient Appliances
- Forced Air Heating and Cooling System
- Park
- Property is near schools
About This Home
As of September 2025This fully renovated quadruplex has two units with 3 bedrooms and 2 baths, and two units with 3 bedrooms, one full bath and two half baths. Each unit is thoughtfully appointed with modern kitchen appliances, spacious living rooms, and private patios overlooking a large shared yard. The property also offers private parking pads and backs onto a tranquil greenbelt, providing a peaceful environment that is highly attractive to tenants. Located just 12 minutes' drive from the newly established Archer Aerospace and Rivian manufacturing plant, which are collectively adding over 8,000 jobs to the area, the property benefits from robust tenant demand and growth in the local rental market. The combination of recent renovations, tenant-covered utilities, and a prime location makes this property a lucrative addition to any investment portfolio. This is an exceptional investment opportunity, boasting a strong CAP rate of 7.56%. Appraised at $855,000 after $120,000 in renovations completed in early 2024, the property spans an impressive 5,334 square feet. Assuming a 6.3% interest rate and full occupancy, the property can generate a combined projected monthly income of $5,360 and an annual gross income of $64,320. With an estimated annual expense rate of 16% of gross income ($10,291.20), the property delivers a Net Operating Income (NOI) of $54,028.80. Projected Growth and cap rate: leased on full occupany rents at $1,600 you will have a cap rate of 9.02% and a positive annual cash flow of $24,720. Offering steady cash flow and long-term wealth-building potential, this is a high-performing investment property! Upgrades include all-new or recently serviced AC units with a minimum life expectancy of seven years, ensuring low maintenance costs for years to come, as well as new flooring, new appliances, and freshly painted. ***No showings until due diligence period. All units are occupied. Please do not disturb tenants.*** Seller is willing to buy down rate with an acceptable offer.
Last Agent to Sell the Property
Keller Williams Realty Atlanta North License #338011 Listed on: 06/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,500
Year Built
- Built in 1982
Home Design
- Quadruplex
- Vinyl Siding
Parking
- 4 Parking Spaces
- Off-Street Parking
Location
- Property is near schools
- Property is near shops
Schools
- Peeks Chapel Elementary School
- Memorial Middle School
- Salem High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- 1.5-Story Property
- Energy-Efficient Appliances
- 0.49 Acre Lot
Community Details
Overview
- No Home Owners Association
- 4 Units
- Fieldstone View Subdivision
Recreation
- Park
Building Details
- Operating Expense $10,291
- Gross Income $64,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2022
Closed on
Jan 25, 2023
Sold by
Clayton Mcqueen Llc
Bought by
Certified Affordable Housing Providers I
Seller's Agent
Alisha Lawton
Keller Williams Realty Consultants
Buyer's Agent
Chris Evans
Sellect Realty, LLC
List Price
$440,000
Sold Price
$475,000
Premium/Discount to List
$35,000
7.95%
Views
152
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$487,400
Interest Rate
6.27%
Mortgage Type
Mortgage Modification
Purchase Details
Closed on
Jul 29, 2005
Sold by
Deriggs Sidney N and Deriggs Sandra
Bought by
Mcqueen Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2002
Sold by
Nicoara Alina
Bought by
Deriggs Sidney M and Deriggs Sandra A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
6.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2000
Sold by
Nicoara Alina and Nicoara Mihai
Bought by
Nicoara Alina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2000
Sold by
Mitcham James H
Bought by
Rouanzoin Donald A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,995
Interest Rate
8.02%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | -- | |
| Deed | $310,000 | -- | |
| Deed | $296,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $230,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $487,400 | Mortgage Modification | |
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $236,800 | New Conventional | |
| Previous Owner | $59,200 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $207,000 | New Conventional | |
| Previous Owner | $16,995 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/29/2025 09/29/25 | Sold | $680,000 | -1.4% | -- | |
| 09/06/2025 09/06/25 | Pending | -- | -- | -- | |
| 08/15/2025 08/15/25 | Price Changed | $690,000 | -0.7% | -- | |
| 07/25/2025 07/25/25 | Price Changed | $695,000 | -0.7% | -- | |
| 07/15/2025 07/15/25 | Price Changed | $700,000 | -0.7% | -- | |
| 06/12/2025 06/12/25 | For Sale | $705,000 | +48.4% | -- | |
| 01/27/2023 01/27/23 | Sold | $475,000 | +8.0% | -- | View Prior Sale |
| 12/23/2022 12/23/22 | Pending | -- | -- | -- | |
| 12/21/2022 12/21/22 | For Sale | $440,000 | -- | -- |
Source: Georgia MLS
Tax History Compared to Growth
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 | $7,500 | $263,240 | $92,320 | $170,920 |
| 2023 | $8,828 | $218,680 | $61,600 | $157,080 |
| 2022 | $6,799 | $167,560 | $36,160 | $131,400 |
| 2021 | $4,683 | $115,360 | $20,640 | $94,720 |
| 2020 | $4,027 | $93,680 | $12,000 | $81,680 |
| 2019 | $3,678 | $81,160 | $8,640 | $72,520 |
| 2018 | $2,896 | $63,440 | $8,640 | $54,800 |
| 2017 | $2,744 | $59,520 | $8,640 | $50,880 |
| 2016 | $2,744 | $59,520 | $8,640 | $50,880 |
| 2015 | $2,747 | $59,520 | $8,640 | $50,880 |
| 2014 | $2,621 | $56,160 | $8,640 | $47,520 |
| 2013 | -- | $75,920 | $16,000 | $59,920 |
Source: Public Records
Agents Affiliated with this Home
-
Janice Overbeck
-
Julie Papevies
Seller Co-Listing Agent in 2025
Julie Papevies
Keller Williams Realty Atlanta North
(770) 380-5924
123 Total Sales
-
Dave Sylvestre
D
Buyer's Agent in 2025
Dave Sylvestre
Better Homes and Gardens Real Estate
(404) 843-2500
1 Total Sale
-
Alisha Lawton
Seller's Agent in 2023
Alisha Lawton
Keller Williams Realty Consultants
(470) 292-1288
43 Total Sales
-
Chris Evans
Buyer's Agent in 2023
Chris Evans
Sellect Realty, LLC
(678) 694-7937
64 Total Sales
Map
Source: Georgia MLS
MLS Number: 10541845
APN: 077-A-01-0079
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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