NOT LISTED FOR SALE

Estimated Value: $476,000 - $593,000

3 Beds
3 Baths
2,470 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $525,000 $213 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,189/month

About This Home

As of June 2024

New hot investment listing in Atlanta!!! I have an exceptional opportunity for investors looking to enhance their portfolios with a high-yield property. This property is strategically located only 8 minutes from Atlanta Airport and close to the Porsche Experience Center, Lakewood Amphitheatre, and Downtown Atlanta, making it a highly desirable area for renters or short-term guests. This renovated duplex includes two units, each with 3 bedrooms and 2 bathrooms. The proximity to major attractions and essentials contributes to its appeal. Both units are currently occupied by tenants who each pay $2,600, offering a steady cash flow. The duplex was initially utilized as an Airbnb, indicating its versatility for either long-term leasing or short-term hosting. **Investment Highlights**: Sold partially furnished, allowing for immediate rental upon purchase, with the flexibility of continuing with the existing tenants or transitioning to new ones. The fact that it's being marketed as the "best income producing listing in Atlanta" suggests strong rental demand and profitability. Interested parties must contact the agent to arrange a showing, providing at least a two-hour notice. Initial viewings are restricted to the common areas until a contract is accepted, after which more thorough inspections of the living spaces can be conducted. Potential buyers are advised not to disturb the current tenants, respecting their privacy and comfort. Overall, this property seems ideally suited for investors focused on immediate cash flow and long-term value in a vibrant and growing part of Atlanta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 7, 2024
Sold by
Lyons Of New York Inc
Bought by
Emmaus Brothers Acquisitions Llc
Seller's Agent
Aleia Kadar
Massiah Real Estate Group
Buyer's Agent
Bridgett Roberson
BHGRE Metro Brokers
List Price
$525,000
Sold Price
$525,000
Views
51
Current Estimated Value
$520,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,025
Avg. Annual Appreciation
-4.18%
Original Mortgage
$350,000
Outstanding Balance
$348,249
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$150,535

Purchase Details

Closed on
Jul 22, 2011
Sold by
Coast 2 Coast Lending Group Ll
Bought by
Lyons Of New York Inc

Purchase Details

Closed on
Jan 27, 2011
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Coast 2 Coast Lending Group Ll

Purchase Details

Closed on
Sep 7, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Oct 12, 2006
Sold by
Elijah Ents Dev Group Inc
Bought by
Hogans Reginald B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Jordan Jerome
Bought by
Elijah Ents Dev Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 2, 2004
Sold by
Elijah Ents Dev Group Inc
Bought by
Jordan Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.89%
Source: Public Records

Range of Values:

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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
Emmaus Brothers Acquisitions Llc $525,000 --
Lyons Of New York Inc $18,800 --
Coast 2 Coast Lending Group Ll $28,500 --
Federal Natl Mtg Assn Fnma -- --
Bac Home Loans Servicing Lp $393,246 --
Hogans Reginald B $355,000 --
Elijah Ents Dev Group Inc -- --
Jordan Jerome $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emmaus Brothers Acquisitions Llc $350,000
Previous Owner Lyons Of New York Inc $145,000
Previous Owner Hogans Reginald B $284,000
Previous Owner Elijah Ents Dev Group Inc $650,000
Previous Owner Jordan Jerome $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $525,000 0.0% $213 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $525,000 -- $213 / Sq Ft

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 $4,211 $162,360 $18,640 $143,720
2023 $4,211 $132,000 $17,880 $114,120
2022 $4,625 $114,280 $13,760 $100,520
2021 $2,400 $83,680 $14,200 $69,480
2020 $2,953 $72,080 $7,760 $64,320
2019 $485 $56,360 $5,440 $50,920
2018 $641 $15,480 $2,000 $13,480
2017 $643 $14,880 $1,920 $12,960
2016 $644 $14,880 $1,920 $12,960
2015 $1,114 $14,880 $1,920 $12,960
2014 $675 $14,880 $1,920 $12,960
Source: Public Records

Agents Affiliated with this Home

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