NOT LISTED FOR SALE

Estimated Value: $215,113 - $317,000

2 Beds
2 Baths
1,188 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $72,500 $61 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $1,456/month

173 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • 2-minute walk to Center Park

About This Home

As of June 2014

100% OCCUPIED! RENOVATED & TURNKEY! Instant Cashflow! $1100 Gross Rent! All electric duplex! New architectural shingled roof, interior/exterior paint, new hvac systems in both units w/ security cages, upgraded electrical panel, new appliances included. Walking distance to downtown East Point & Marta Train station! Recently remodeled kitchens and updated baths, laundry hookups inside both units. Landlord covers water and lawn care. Previously sold in 2006 for 169K! Low property taxes! Investor owned, not a short sale or foreclosure. Can close in 2 weeks! Price is firm.

Last Agent to Sell the Property

Bruce Ailion

RE/MAX Town and Country License #104826 Listed on: 11/23/2013

RE/MAX Town and Country

Co-Listed By

Adam Ailion

RE/MAX Town and Country License #325933

Last Buyer's Agent

Sakina Sai

NOT A VALID MEMBER License #298768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 0.33 Acre Lot

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Cement Siding

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway Level

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • Conley Hills Elementary School
  • Paul D. West Middle School
  • Tri-Cities High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 2 Units
  • Washington Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2983JonesST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$534

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1955
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Cement Siding, Frame
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Level Driveway, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Electric, Forced Air
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Public Transportation, Street Lights
  • Subdivision Complex: Washington Park

Fee Information

  • Annual Expenses: 3200

Schools

  • Elementary School: Conley Hills
  • Middle School: Paul D. West
  • High School: Tri-Cities

Lot Info

  • Acres: 0.3300
  • Land/Lot: 14
  • Parcel Number: 2983JonesST
  • Property Attached Yn: No

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 534.00
  • Assessor Parcel Number: 14-0164-0008-0682
  • Close Date: 2014-06-27
  • Tax Year: 2012

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Conley Hills
  • High School: Tri-Cities
  • Middle School: Paul D. West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2013
Closed on
Jun 27, 2014
Sold by
Ailion Adam
Bought by
Walker Ithica Nonie
Seller's Agent
Bruce Ailion
RE/MAX Town and Country
Buyer's Agent
Sakina Sai
NOT A VALID MEMBER
List Price
$74,900
Sold Price
$72,500
Premium/Discount to List
-$2,400
-3.2%
Current Estimated Value
$249,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,028
Avg. Annual Appreciation
11.47%
Original Mortgage
$71,186
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 28, 2012
Closed on
Dec 28, 2012
Sold by
Deutsche Bank Trust Co Ame
Bought by
Ailion Adam
Seller's Agent
Mickey Stieber
NOT A VALID MEMBER
Buyer's Agent
Adam Ailion
RE/MAX Town and Country
List Price
$24,900
Sold Price
$20,500
Premium/Discount to List
-$4,400
-17.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.13%

Purchase Details

Listed on
Nov 28, 2012
Closed on
Nov 6, 2012
Sold by
Chu Tony
Bought by
Deutsche Bank Trust Co America
Seller's Agent
Mickey Stieber
NOT A VALID MEMBER
Buyer's Agent
Adam Ailion
RE/MAX Town and Country
List Price
$24,900
Sold Price
$20,500
Premium/Discount to List
-$4,400
-17.67%

Purchase Details

Closed on
Mar 15, 2006
Sold by
Fletcher Michael K
Bought by
Chu Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2005
Sold by
Atlanta Investing Inc
Bought by
Fletcher Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,419
Interest Rate
6.23%

Purchase Details

Closed on
Sep 22, 2005
Sold by
National City Bank Of Pe
Bought by
Atlanta Investing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
5.77%

Purchase Details

Closed on
Aug 10, 2004
Sold by
Alston Lonnie
Bought by
Agard and Agard Thomas Sharlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,110
Interest Rate
7.13%
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 Buyer Sale Price Title Company
Walker Ithica Nonie $72,500 --
Ailion Adam $20,500 --
Deutsche Bank Trust Co America -- --
Chu Tony $169,000 --
Fletcher Michael K $72,000 --
Atlanta Investing Inc $51,000 --
Agard $157,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Ithica Nonie $12,714
Open Walker Ithica Nonie $71,186
Closed Walker Ithica Nonie $5,326
Closed Walker Ithica Nonie $12,714
Closed Walker Ithica Nonie $71,186
Previous Owner Chu Tony $135,000
Previous Owner Fletcher Michael K $107,419
Previous Owner Atlanta Investing Inc $40,800
Previous Owner Agard $142,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $72,500 -3.2% $61 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
11/23/2013 11/23/13 For Sale $74,900 0.0% $63 / Sq Ft
07/09/2013 07/09/13 Rented $550 0.0% --
07/09/2013 07/09/13 Under Contract -- -- --
03/07/2013 03/07/13 For Rent $550 0.0% --
12/28/2012 12/28/12 Sold $20,500 -17.7% $17 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
11/28/2012 11/28/12 For Sale $24,900 -- $21 / 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
2025 $1,193 $67,640 $18,520 $49,120
2023 $2,453 $86,920 $44,320 $42,600
2022 $195 $69,680 $18,800 $50,880
2021 $959 $51,880 $11,400 $40,480
2020 $898 $46,680 $8,920 $37,760
2019 $699 $45,840 $8,760 $37,080
2018 $176 $11,760 $4,440 $7,320
2017 $175 $11,280 $4,240 $7,040
2016 $174 $11,280 $4,240 $7,040
2015 $424 $11,280 $4,240 $7,040
2014 $346 $11,280 $4,240 $7,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5223319

First Multiple Listing Service (FMLS)

APN: 14-0164-0008-068-2