NOT LISTED FOR SALE

Estimated Value: $323,000 - $391,000

5 Beds
2 Baths
1,305 Sq Ft
$265/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $225,000 $172 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,505/month

10 Days on Market

Highlights

  • 1 Acre Lot
  • Forced Air Heating and Cooling System
  • Level Lot
  • Property is walking distance to MARTA
  • Garage

About This Home

As of January 2019

OMG! - Beautiful cul-de-sac lot with THREE separate Homes! Sold as a package only. "AS IS" but what a great Return on Investment. Rental Income is $1900 per month and the rents could be higher! Fast appreciating East Lake location and potential galore for new construction opportunity in future. Adorable Stone Cottage-2BR/2BA(currently vacant), Detached 2 car garage with 2BR/1BA apartment above, and a 2BR/1BA house. Properties are tenant occupied and 48 hours notice required.

Last Listed By

Tracy Minich

RE/MAX Metro Atlanta License #154226 Listed on: 11/20/2018

RE/MAX Metro Atlanta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,474

Year Built

  • Built in 1951

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 191x190
  • Level Lot

Home Design

  • Split Level Home
  • Frame Construction
  • Composition Roof
  • Stone Siding

Parking

  • Garage
  • Driveway Level

Location

  • Property is walking distance to MARTA

Schools

  • Toney Elementary School
  • Columbia - Dekalb Middle School
  • Columbia High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Cable TV Available

Community Details

  • 3 Units
  • Thomas H Long Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15 169 01 118

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,474

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1951
  • Levels Stories: Multi/Split
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Exterior Features

  • Other Structures: Storage - Other
  • Construction Materials: Frame, Stone
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Window Unit(s)
  • Heating: Central, Electric, Forced Air
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Near Marta
  • Subdivision Complex: Thomas H Long

Schools

  • Elementary School: Toney
  • Middle School: Columbia - Dekalb
  • High School: Columbia

Lot Info

  • Acres: 1.0000
  • Land/Lot: 0169
  • Lot Features: Level
  • Lot Dimensions: 191x190
  • Parcel Number: 15 169 01 118
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 3

Tax Info

  • Taxes: 3474.00
  • Assessor Parcel Number: 15-169-01-118
  • Close Date: 2019-01-04
  • Tax Year: 2017

MLS Schools

  • Elementary School: Toney
  • High School: Columbia
  • Middle School: Columbia - Dekalb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Jan 4, 2019
Sold by
Worley Carmel Murphy
Bought by
Hoppe Saskia M and Jenkinson Mathew
Seller's Agent
Tracy Minich
RE/MAX Metro Atlanta
Buyer's Agent
Zak de Leon
Ansley Real Estate | Christie's International Real Estate
List Price
$225,000
Sold Price
$225,000
Total Days on Market
10
Current Estimated Value
$345,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,228
Avg. Annual Appreciation
7.60%
Original Mortgage
$172,500
Outstanding Balance
$134,715
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
$224,058

Purchase Details

Closed on
May 15, 2017
Sold by
Worley Randall C
Bought by
Worley Carmel Murphy

Purchase Details

Closed on
Feb 24, 2017
Sold by
Ferg Sherrie Worley
Bought by
Ferg Carmel Murphy

Purchase Details

Closed on
Feb 23, 2017
Sold by
Robichaux Judy Worley
Bought by
Worley Carmel Murphy

Purchase Details

Closed on
Feb 13, 2017
Sold by
Worley Stacie
Bought by
Worley Carmel Murphy

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
Hoppe Saskia M $225,000 --
Worley Carmel Murphy -- --
Ferg Carmel Murphy -- --
Worley Carmel Murphy -- --
Worley Carmel Murphy -- --
Worley Carmel Murphy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoppe Saskia M $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold $225,000 0.0% $172 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $225,000 0.0% $172 / Sq Ft
09/08/2014 09/08/14 Rented $695 0.0% --
08/09/2014 08/09/14 Under Contract -- -- --
07/15/2014 07/15/14 For Rent $695 0.0% --
06/27/2014 06/27/14 Rented $695 0.0% --
05/28/2014 05/28/14 Under Contract -- -- --
05/08/2014 05/08/14 For Rent $695 +16.8% --
01/06/2014 01/06/14 Rented $595 0.0% --
12/07/2013 12/07/13 Under Contract -- -- --
12/04/2013 12/04/13 For Rent $595 +32.2% --
07/31/2013 07/31/13 For Rent $450 0.0% --
07/31/2013 07/31/13 Rented $450 -- --
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 $6,983 $99,200 $13,888 $85,312
2022 $5,453 $99,200 $13,888 $85,312
2021 $4,340 $113,960 $16,000 $97,960
2020 $4,340 $90,000 $13,200 $76,800
2019 $4,396 $91,280 $4,920 $86,360
2018 $3,267 $68,080 $4,920 $63,160
2017 $3,474 $69,960 $4,920 $65,040
2016 $3,126 $61,920 $3,760 $58,160
2014 $3,194 $61,920 $3,760 $58,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6102727

First Multiple Listing Service (FMLS)

APN: 15-169-01-118