I
Seller's Agent in 2024
Innovative Properties Group
RE/MAX
(404) 410-2927
3 in this area
177 Total Sales
300 Stonehaven Cir Cartersville, GA 30121
--
Bed
--
Bath
--
Sq Ft
1,742
Sq Ft Lot
About This Home
As of May 2024ATTENTION INVESTORS!! Don't miss this once-in-a-decade opportunity! This listing highlights a building along with two additional properties, available for individual or portfolio purchase. These sites have been extensively renovated and maintained, showcasing a range from significant updates to complete overhauls. These buildings stand out with high occupancy rates, further driven by strong demand, highlighted by the leasing of the most recent unit for $1,555 per month and $125 AOA Fee paid by tenants. GROWTH OPPORTUNITY: The investment appeal is significantly enhanced by the projection of over 5,000 new jobs in the area, anticipated to materialize over the coming years. Couple that with increased rents across multiple units and you've got all the ingredients for a successful cash flow and equity play for the future. OWNER OCCUPANT INVESTORS: For those interested in owner-occupant investor financing, strategic vacancies have been maintained to support such financing options. Reach out today to learn more about this opportunity! Recent upgrades across the properties include comprehensive renovations of buildings 300, 1300, and 1400. Notably, buildings 1300 and 1400 have received exterior paint and maintenance, HVAC systems, and water heaters, aligning with the portfolioCOs commitment to quality and comfort. Building 300, while offered at a special price due to the absence of new HVAC systems, also benefits from these widespread improvements, including new appliances, fresh paint, and updated flooring. Each unit offers spacious accommodation with three bedrooms and two full bathrooms, totaling twelve bedrooms and eight bathrooms in each quadruplex. Please note that the floor plan provided is for illustrative purposes only; actual unit layouts may vary, incorporating potential reversals or the addition of a bay window.
Last Agent to Sell the Property
Re/Max Town & Country License #205060 Listed on: 05/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,856
Year Built
- Built in 2005
Home Design
- Quadruplex
- Vinyl Siding
Parking
- 6 Parking Spaces
- Over 1 Space Per Unit
Schools
- Cloverleaf Elementary School
- South Central Middle School
- Cass High School
Additional Features
- 2-Story Property
- 1,742 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- Property has a Home Owners Association
- Association fees include ground maintenance, trash
- 4 Units
- Stonehaven Subdivision
Listing and Financial Details
- Tax Lot P
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
May 24, 2024
Sold by
Adeyi Abiodun Gbenga
Bought by
Adeyi Abiodun Gbenga and Adeyi Mofolasade O
Seller's Agent
Innovative Properties Group
Re/Max Town & Country
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$740,000
Sold Price
$740,000
Views
234
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,333
Avg. Annual Appreciation
-1.17%
Original Mortgage
$555,000
Outstanding Balance
$548,597
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$179,836
Purchase Details
Listed on
Jun 27, 2023
Closed on
Jul 25, 2023
Sold by
Miyatake Flp Investments Llc
Bought by
Certified Affordable Housing Providers 3 and Certified Affordable Housing Providers I
Seller's Agent
Ted Ehrhart
PMI Georgia
Buyer's Agent
Chris Evans
Sellect Realty, LLC
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.50%
Original Mortgage
$547,400
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 7, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Miyatake Flp Investments Llp
Purchase Details
Closed on
Dec 6, 2005
Sold by
Moore Yathaddia
Bought by
Wells Fargo Bank
Purchase Details
Closed on
Apr 12, 2005
Sold by
Higher Ground Planning Cor
Bought by
Moore Mishana and Moore Yathaddia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
8.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 25, 2005
Sold by
Redwood Contractors Llc
Bought by
Higher Ground Planning Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
8.75%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $740,000 | -- | |
| Limited Warranty Deed | $530,000 | -- | |
| Deed | $90,000 | -- | |
| Foreclosure Deed | -- | -- | |
| Warranty Deed | $475,000 | -- | |
| Warranty Deed | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $555,000 | New Conventional | |
| Previous Owner | $547,400 | New Conventional | |
| Previous Owner | $427,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $740,000 | 0.0% | -- |
| 05/03/2024 05/03/24 | Pending | -- | -- | -- |
| 05/01/2024 05/01/24 | For Sale | $740,000 | +39.6% | -- |
| 07/25/2023 07/25/23 | Sold | $530,000 | -3.6% | -- |
| 06/28/2023 06/28/23 | Pending | -- | -- | -- |
| 06/27/2023 06/27/23 | For Sale | $550,000 | 0.0% | -- |
| 05/19/2023 05/19/23 | Rented | $999 | 0.0% | -- |
| 04/26/2023 04/26/23 | For Rent | $999 | +67.9% | -- |
| 07/14/2015 07/14/15 | Rented | $595 | 0.0% | -- |
| 07/14/2015 07/14/15 | For Rent | $595 | 0.0% | -- |
| 01/25/2013 01/25/13 | Rented | $595 | 0.0% | -- |
| 01/25/2013 01/25/13 | Rented | $595 | 0.0% | -- |
| 01/25/2013 01/25/13 | For Rent | $595 | 0.0% | -- |
| 12/26/2012 12/26/12 | Under Contract | -- | -- | -- |
| 10/21/2012 10/21/12 | For Rent | $595 | -- | -- |
Source: Georgia MLS
Tax History Compared to Growth
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 | $5,152 | $241,584 | $20,000 | $221,584 |
| 2023 | $5,152 | $220,052 | $20,000 | $200,052 |
| 2022 | $4,499 | $121,698 | $20,000 | $101,698 |
| 2021 | $2,978 | $121,698 | $20,000 | $101,698 |
| 2020 | $3,066 | $121,698 | $20,000 | $101,698 |
| 2019 | $3,099 | $91,135 | $20,000 | $71,135 |
| 2018 | $2,321 | $83,320 | $4,000 | $79,320 |
| 2017 | $2,333 | $83,320 | $4,000 | $79,320 |
| 2016 | $2,350 | $83,320 | $4,000 | $79,320 |
| 2015 | $2,124 | $75,160 | $4,000 | $71,160 |
| 2014 | -- | $42,800 | $6,000 | $36,800 |
| 2013 | -- | $42,800 | $6,000 | $36,800 |
Source: Public Records
Agents Affiliated with this Home
-
Innovative Properties Group
-
Sandra Watkins
Seller Co-Listing Agent in 2024
Sandra Watkins
RE/MAX
(770) 324-3680
5 in this area
165 Total Sales
-
Glenda Broker
Buyer's Agent in 2024
Glenda Broker
Non-Mls Company
(800) 289-1214
-
Ted Ehrhart
T
Seller's Agent in 2023
Ted Ehrhart
PMI Georgia
(678) 267-0671
1 in this area
50 Total Sales
-
Christopher Littleton
C
Seller's Agent in 2023
Christopher Littleton
PMI Georgia
(678) 916-9469
3 Total Sales
-
Chris Evans
Buyer's Agent in 2023
Chris Evans
Sellect Realty, LLC
(678) 694-7937
1 in this area
64 Total Sales
Map
Source: Georgia MLS
MLS Number: 10291916
APN: 0078G-0006-016
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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