NOT LISTED FOR SALE

Estimated Value: $351,000 - $412,000

4 Beds
2 Baths
1,454 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $400,000 $275 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,409/month

75 Days on Market

Highlights

  • No HOA
  • Park
  • Central Heating and Cooling System
  • Community Playground
  • 1-Story Property

About This Home

As of July 2024

Embrace the comfort and convenience of this delightful duplex, nestled in a prime location. The property boasts a 2-bedroom, 1-bathroom unit, alongside a cozy 1-bedroom, 1-bathroom unit-perfect for diverse living needs or investment opportunities. Positioned for ultimate convenience, the residence benefits from a Marta Bus Stop directly out front, ensuring seamless transportation connectivity. Situated in the heart of the community, the duplex is moments away from downtown Decatur, the prestigious East Lake Country Club, the vibrant Wylde Center, the lush Oakhurst Community Garden, and an array of shopping destinations. Highlighting a unique financial advantage, this home comes with an assumable FHA mortgage. Qualified buyers have the opportunity to inherit the seller's loan terms, including an exceptionally low interest rate of 2.75%. This presents a rare chance to bypass the complexities of acquiring a new mortgage and enjoy immediate savings. Discover your dream lifestyle in this charming duplex, where convenience meets cost-efficiency.

Last Agent to Sell the Property

Jabari Jones

SoldByJones Realty Inc. License #309513 Listed on: 04/03/2024

Last Buyer's Agent

Danny Bruce

JP & Assoc. Realtors Metro ATL License #406296

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,622

Year Built

  • Built in 1953

Lot Details

  • 8,712

Home Design

  • Duplex
  • Brick Exterior Construction

Parking

  • 2 Parking Spaces
  • Parking Pad

Schools

  • Toney Elementary School
  • Columbia Middle School
  • Columbia High School

Additional Features

  • 1-Story Property
  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • East Lake Terrace Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,622

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Financing Type: FHA
  • Levels: One
  • Lot Size Acres: .20
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 2000000

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Playground, Sidewalks, Street Lights

Fee Information

  • Association Fee Includes: None

Schools

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

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5622

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jul 26, 2024
Sold by
Smith Shawn
Bought by
Ronderos Oscar
Seller's Agent
Jabari Jones
SoldByJones Realty Inc.
Buyer's Agent
Danny Bruce
JP & Assoc. Realtors Metro ATL
List Price
$400,000
Sold Price
$400,000
Views
178
Current Estimated Value
$380,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,042
Avg. Annual Appreciation
-0.29%
Original Mortgage
$392,755
Outstanding Balance
$390,054
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$8,643

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 12, 2021
Sold by
Mcgrath Dominique
Bought by
Smith Shawn
Seller's Agent
Jonathan Rich
Keller Knapp, Inc
Buyer's Agent
Chasity Hollingshed
Atlanta Communities
List Price
$324,900
Sold Price
$335,000
Premium/Discount to List
$10,100
3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$328,932
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2015
Sold by
Sagar Kulkarni
Bought by
Mcgrath Dominique and Mcgrath Christina

Purchase Details

Closed on
Oct 6, 2009
Sold by
Aurora Ln Svcs Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 28, 2004
Sold by
Radian Guaranty Inc
Bought by
Arndt Randall T

Purchase Details

Closed on
Aug 6, 2002
Sold by
Byrd Marcella
Bought by
Radian Scv Guaranty Inc

Purchase Details

Closed on
Aug 13, 2001
Sold by
Harris Curtis
Bought by
Byrd Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2000
Sold by
Cason James P
Bought by
Harris Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2000
Sold by
Mcguire Charles E
Bought by
Cason James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
11.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1999
Sold by
Mcguire Jayne W
Bought by
Mcguire Charles E
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
Ronderos Oscar $400,000 --
Smith Shawn $335,000 --
Mcgrath Dominique $57,000 --
Federal Home Loan Mortgage Corporation -- --
Aurora Ln Svcs Llc $80,000 --
Arndt Randall T $50,000 --
Radian Scv Guaranty Inc $118,000 --
Byrd Marcella $200,000 --
Harris Curtis $95,000 --
Cason James P $50,000 --
Mcguire Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ronderos Oscar $392,755
Previous Owner Smith Shawn $328,932
Previous Owner Clark John $135,900
Previous Owner Arndt Randall T $91,000
Previous Owner Byrd Marcella $190,000
Previous Owner Harris Curtis $107,000
Previous Owner Cason James P $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $400,000 0.0% $275 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $400,000 +19.4% $275 / Sq Ft
10/12/2021 10/12/21 Sold $335,000 +3.1% $230 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $324,900 -- $223 / Sq Ft
Source: Georgia MLS

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
2024 $4,556 $124,880 $63,600 $61,280
2023 $4,556 $128,400 $63,600 $64,800
2022 $4,367 $121,600 $32,000 $89,600
2021 $4,597 $91,560 $32,000 $59,560
2020 $3,382 $63,880 $32,000 $31,880
2019 $3,596 $68,760 $5,760 $63,000
2018 $2,502 $54,840 $5,760 $49,080
2017 $2,647 $46,920 $5,760 $41,160
2016 $2,353 $40,160 $5,760 $34,400
2014 $2,386 $39,920 $1,920 $38,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10275520

Georgia MLS

APN: 15-171-22-012