$105,000
SOLD FEB 6, 2025

2981 Palm Dr Atlanta, GA 30344

3 Beds
1 Bath
1,096 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

4% Below List Price

26 Days on Market

Highlights

  • City View
  • Private Lot
  • Wood Flooring
  • Deck
  • Ranch Style House
  • No HOA

About This Home

As of February 2025

Fantastic Opportunity in East Point! This Home is a fixer-upper, renovation or a tear down & new construction possibility. Perfect for a Savvy Investor, Builder or Homeowner looking to have Instant Equity! Less than a mile from I-85 and a 10 minute drive to the airport. a home at this price does not come often! Bring Your Builders, Bring Your Contractors! This area has renovated homes selling in the high 200s and low 300s. New construction just up the road has recently sold for over 350k! No Survey Available. Sold As-is, Where-is with No Disclosures. Seller will not consider any blind offers.

Last Agent to Sell the Property

Malhar Bhagat

Maximum One Executive Realtors License #385088 Listed on: 12/16/2024

Maximum One Executive Realtors

Last Buyer's Agent

Ashley White

Harry Norman Realtors License #390925

Harry Norman Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Private Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Block Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,096 Sq Ft Home
  • City Views
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Side or Rear Entrance to Parking

Schools

  • Parklane Elementary School
  • Paul D West Middle School
  • Tri Cities High School

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 17 / A

Community Details

Overview

  • No Home Owners Association
  • Aylvan Terrace Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,338

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • ArchitecturalStyle: Ranch
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .16
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1096
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Other
  • Bedrooms: 3
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1096
  • Above Grade Finished Sq Ft: 1096
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Flooring: Hardwood, Tile, Vinyl

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Aluminum Siding, Other
  • ExteriorFeatures: Other
  • Fencing: Back Yard, Chain Link, Fenced, Wood
  • Foundation Details: Block
  • Lot Features: City Lot, Level, Other, Private
  • Patio And Porch Features: Deck
  • Property Condition: Fixer
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Carport, Side/Rear Entrance
  • ParkingTotal: 1

Utilities

  • Cooling: Other
  • Heating: Other
  • Laundry Features: Common Area, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Parklane
  • High School: Tri Cities
  • Middle School: Paul D West

Lot Info

  • Land Lot: 125
  • Lot: 17

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1338.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Feb 6, 2025
Sold by
Resolutions Team Llc
Bought by
Purple Acres Housing Llc
Seller's Agent
Malhar Bhagat
Maximum One Executive Realtors
Buyer's Agent
Ashley White
Harry Norman Realtors
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Views
70
Current Estimated Value
$122,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,716
Avg. Annual Appreciation
20.66%
Original Mortgage
$139,300
Outstanding Balance
$59,214
Interest Rate
6.93%
Mortgage Type
Mortgage Modification
Estimated Equity
$63,502

Purchase Details

Closed on
Oct 30, 2024
Sold by
Deed Co Llc
Bought by
Daniel David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2024
Sold by
Daniel David
Bought by
Resolutions Team Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2023
Sold by
Daniel David
Bought by
Deed Co Llc

Purchase Details

Closed on
Mar 3, 2009
Sold by
Citimortgage Inc
Bought by
Daniel David

Purchase Details

Closed on
Jul 1, 2008
Sold by
Void Christie
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 2, 2006
Sold by
Peymax Properties Inc
Bought by
Void Christie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Young Julia L
Bought by
Peymax Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,903
Interest Rate
5.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $105,000 --
Quit Claim Deed $68,331 --
Warranty Deed $75,831 --
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $50,000 --
Deed $12,300 --
Foreclosure Deed $72,500 --
Deed $80,000 --
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $139,300 Mortgage Modification
Previous Owner $80,000 New Conventional
Previous Owner $102,500 New Conventional
Previous Owner $71,903 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2025 02/06/25 Sold $105,000 -4.5% $96 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
12/16/2024 12/16/24 For Sale $109,900 -- $100 / 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
2025 $727 $54,000 $20,040 $33,960
2023 $727 $70,160 $41,240 $28,920
2022 $1,198 $45,520 $15,040 $30,480
2021 $1,845 $44,200 $14,600 $29,600
2020 $1,418 $32,920 $9,280 $23,640
2019 $291 $17,160 $4,560 $12,600
2018 $263 $9,320 $1,680 $7,640
2017 $158 $5,400 $1,600 $3,800
2016 $158 $5,400 $1,600 $3,800
2015 $300 $5,400 $1,600 $3,800
2014 $166 $5,400 $1,600 $3,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10427718

Georgia MLS

APN: 14-0125-0009-032-5