NOT LISTED FOR SALE

2864 Webb Bridge Rd Alpharetta, GA 30009

Estimated Value: $300,000 - $335,000

2 Beds
3 Baths
1,260 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $275,000 $218 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,000/month

78 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Ceramic Tile Flooring
  • Manning Oaks Elementary School Rated A-
  • Cul-De-Sac
  • Four Sided Brick Exterior Elevation

About This Home

As of October 2022

Location, Location, Location! This is an investors dream located in a highly sought-after area of Alpharetta with easy access to the Alpha Loop, within walking distance of the Avalon, downtown Alpharetta and near multiple tech parks. No Rent Restrictions with low HOA fees of $175.00 per month that covers care of the roof, gutters, brick, lawn care, pool, tennis courts, and playground! This beautiful corner unit condo is updated throughout with gorgeous flooring, granite and tile with overall attention to detail. Your tenants will love the community lifestyle right at their doorstep. Currently leased through April 2023 for $1520. but there is a 60 day notice to vacate clause, and recent leases are much higher in the area. AGENTS/Please read private remarks!

Last Listed By

Cynthia Knight

HomeSmart License #284995 Listed on: 06/27/2022

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1983

Lot Details

  • 1,259 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence

Home Design

  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • Parking Lot

Schools

  • Manning Oaks Elementary School
  • Hopewell Middle School
  • Alpharetta High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 22 530312640022

Community Details

Overview

  • Wedgewood Forest Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,262

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: Available through public records
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1983
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Fencing: Privacy

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Electricity Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Playground, Pool, Tennis Court(s)
  • Subdivision Complex: Wedgewood Forest

Schools

  • Elementary School: Manning Oaks
  • Middle School: Hopewell
  • High School: Alpharetta

Lot Info

  • Acres: 0.0289
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: x
  • Parcel Number: 22 530312640022
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 1

Tax Info

  • Taxes: 2262.00
  • Assessor Parcel Number: 22-5303-1264-002-2
  • Close Date: 2022-10-05
  • Tax Year: 2021

MLS Schools

  • Elementary School: Manning Oaks
  • High School: Alpharetta
  • Middle School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Oct 5, 2022
Sold by
Quant Community Investors Llc
Bought by
Rebala Webb Llc
Seller's Agent
Cynthia Knight
HomeSmart
Buyer's Agent
Milena Nelson
EXP Realty, LLC.
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Total Days on Market
78
Views
78
Current Estimated Value
$313,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,833
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Mar 19, 2019
Sold by
Hendo Properties Llc
Bought by
Quant Community Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,840
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2014
Sold by
Henderson Linda Suc Truste
Bought by
Hendo Properties Llc

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 Buyer Sale Price Title Company
Rebala Webb Llc $275,000 --
Quant Community Investors Llc $172,000 --
Hendo Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quant Community Investors Llc $176,250
Previous Owner Quant Community Investors Llc $123,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $275,000 -1.8% $218 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $280,000 0.0% $222 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $280,000 -6.7% $222 / Sq Ft
07/16/2022 07/16/22 Price Changed $300,000 -6.3% $238 / Sq Ft
06/27/2022 06/27/22 For Sale $320,000 -- $254 / 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 $3,116 $110,000 $16,560 $93,440
2022 $1,810 $68,800 $8,880 $59,920
2021 $2,262 $68,800 $8,880 $59,920
2020 $1,962 $68,800 $8,880 $59,920
2019 $380 $66,000 $8,560 $57,440
2018 $1,585 $56,160 $7,280 $48,880
2017 $614 $21,040 $5,240 $15,800
2016 $614 $21,040 $5,240 $15,800
2015 $737 $21,040 $5,240 $15,800
2014 $645 $21,040 $5,240 $15,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7081118

First Multiple Listing Service (FMLS)

APN: 22-5303-1264-002-2