$112,000
SOLD DEC 2, 2024

2971 Kensington Way Rex, GA 30273

3 Beds
1.5 Baths
1,017 Sq Ft
0.25 Acres

Recently Sold

$110 Per Sq Ft

34% Below List Price

Highlights

  • Corner Lot
  • 1-Story Property
  • Family Room
  • No HOA
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of April 2025

Investor's dream! This 3-bedroom, 1.5 bathroom home sits on a generous .25-acre corner lot, offering ample potential for renovation or rental income, (Property has a good paying tenant that would like to continue to rent). The property features a classic layout. With easy access to local amenities and major highways, this house is perfect for those looking to invest in a growing neighborhood. Sold as-is with tenant that is on a month-to-month lease agreement, this home is ready for your personal touch and vision to transform it into a fantastic investment opportunity.

Last Agent to Sell the Property

Sherrill Jenkins

BHHS Georgia Properties License #257015 Listed on: 11/12/2024

BHHS Georgia Properties

Last Buyer's Agent

Jonathan Phillips

Bolst, Inc. License #368436

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1970

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,017 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Carport
  • Parking Pad

Schools

  • Mount Zion Primary/Elementary School
  • Rex Mill Middle School
  • Mount Zion High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39

Community Details

Overview

  • No Home Owners Association
  • Kensington Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,908

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • ArchitecturalStyle: Ranch
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .25
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven/Range (Combo)
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1017
  • Above Grade Finished Sq Ft: 1017
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 110.127

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: Corner Lot, Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport, Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mount Zion Primary/Elementary
  • High School: Mount Zion
  • Middle School: Rex Mill
  • Elementary School: Mount Zion Primary/Elementary
  • Middle School: Rex Mill
  • High School: Mount Zion

Lot Info

  • Lot: 39
  • Plat Book: 11
  • Plat Page: 289

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1907.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Apr 14, 2025
Sold by
Phillips Brothers Acquisitions Llc
Bought by
Stocks John
Seller's Agent
Andrew O'Callaghan
Bolst, Inc.
Buyer's Agent
Tiffany Hill
The Legacy Real Estate Group
List Price
$159,900
Sold Price
$139,900
Premium/Discount to List
-$20,000
-12.51%
Views
140
Current Estimated Value
$154,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,149
Avg. Annual Appreciation
44.85%

Purchase Details

Listed on
Nov 12, 2024
Closed on
Dec 2, 2024
Sold by
Rhyne Willie E
Bought by
Phillips Brothers Acquisitions Llc
Seller's Agent
Sherrill Jenkins
BHHS Georgia Properties
Buyer's Agent
Jonathan Phillips
Bolst, Inc.
List Price
$170,000
Sold Price
$112,000
Premium/Discount to List
-$58,000
-34.12%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.50%
Original Mortgage
$135,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Limited Warranty Deed $139,900 --
Warranty Deed $112,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $139,900 0.0% $138 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
03/31/2025 03/31/25 Price Changed $139,900 -6.7% $138 / Sq Ft
03/11/2025 03/11/25 Price Changed $149,900 -6.3% $147 / Sq Ft
02/06/2025 02/06/25 For Sale $159,900 +42.8% $157 / Sq Ft
12/02/2024 12/02/24 Sold $112,000 -34.1% $110 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $170,000 -- $167 / 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 $2,067 $52,080 $7,200 $44,880
2023 $1,908 $52,840 $7,200 $45,640
2022 $1,551 $38,640 $7,200 $31,440
2021 $1,362 $33,600 $7,200 $26,400
2020 $1,089 $26,348 $7,200 $19,148
2019 $1,028 $24,462 $4,000 $20,462
2018 $1,030 $24,500 $4,000 $20,500
2017 $725 $16,963 $4,000 $12,963
2016 $657 $15,280 $4,000 $11,280
2015 $691 $0 $0 $0
2014 $687 $16,383 $4,000 $12,383
Source: Public Records

Agents Affiliated with this Home

  • Andrew O'Callaghan

    Seller's Agent in 2025

    Andrew O'Callaghan

    Bolst, Inc.

    (404) 316-6307

    2 in this area

    114 Total Sales

    Andrew O'Callaghan
    Section Image

  • T

    Buyer's Agent in 2025

    Tiffany Hill

    The Legacy Real Estate Group

    (901) 679-3436

    2 in this area

    18 Total Sales

    Tiffany Hill
    Section Image
  • Sherrill Jenkins

    Seller's Agent in 2024

    Sherrill Jenkins

    BHHS Georgia Properties

    (678) 794-2699

    3 in this area

    33 Total Sales

    Sherrill Jenkins
    Section Image

  • J

    Buyer's Agent in 2024

    Jonathan Phillips

    Bolst, Inc.

    (770) 695-8171

    1 in this area

    172 Total Sales

    Jonathan Phillips
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10411552

Georgia MLS

APN: 12-0086B-00B-005

Georgia Clayton County Rex 30236

2971 Kensington Way, Rex, GA

This home is located at 2971 Kensington Way, Rex, GA 30273 and is currently priced at $112,000, approximately $110 per square foot. This property was built in 1970. 2971 Kensington Way is a home located in Clayton County with nearby schools including Mt. Zion Primary School, Mount Zion Elementary School, and Rex Mill Middle School.

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