$366,200
SOLD MAY 15, 2025
9 Beds
3 Baths
2,846 Sq Ft
0.29 Acres

Recently Sold

$129 Per Sq Ft

1% Below List Price

26 Days on Market

Highlights

  • Private Lot
  • High Ceiling
  • Breakfast Area or Nook
  • Bonus Room
  • No HOA
  • Formal Dining Room

About This Home

As of May 2025

Calling all real estate investors looking for a strong return on investment! 3068 River Oak Road in Decatur presents a amazing opportunity to acquire a property with a 11% cap rate. This 9-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. 3068 River Oak Road is just 0.6 miles to the nearest Marta Bus route, making it easy for current and future occupants to access public transportation options. Make this cash-flowing winner a part of your real estate portfolio today!

Last Agent to Sell the Property

Allison Haywood

Bolst, Inc. License #396541 Listed on: 02/21/2025

Bolst, Inc.

Last Buyer's Agent

Allison Haywood

Bolst, Inc. License #396541 Listed on: 02/21/2025

Bolst, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,516

Year Built

  • Built in 1996

Lot Details

  • 0.29 Acre Lot
  • Private Lot
  • Corner Lot
  • Sloped Lot
  • Grass Covered Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,846 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Carbon Monoxide Detectors
  • Laundry in Hall

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Oak Grove Elementary School
  • Cedar Grove Middle School
  • Cedar Grove High School

Utilities

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

Community Details

  • No Home Owners Association
  • Oakvale Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,516

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: .29
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2846
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 9
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 2846
  • Above Grade Finished Sq Ft: 2846
  • Interior Amenities: High Ceilings, Separate Shower, Soaking Tub, Tile Bath, Tray Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Gas Starter
  • Flooring: Carpet, Tile, Vinyl
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry
  • Price Per Square Foot: 128.671

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 5

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other, Vinyl Siding
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Private, Sloped
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Off Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: In Hall
  • Security Features: Carbon Monoxide Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oak Grove
  • High School: Cedar Grove
  • High School Bus: No
  • Middle School: Cedar Grove
  • Middle School Bus: No
  • Elementary School: Oak Grove
  • Middle School: Cedar Grove
  • High School: Cedar Grove

Lot Info

  • Deed Book: 30237
  • Deed Page: 662

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5516

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 30, 2022
Sold by
Olive Arica S
Bought by
Bansal Aditya
Seller's Agent
Andrea Fizer
SRA Signature Realty Agents
Buyer's Agent
Brenden Mitchum
NOT A VALID MEMBER
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%
Total Days on Market
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$228,800
Outstanding Balance
$216,048
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$149,975

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 30, 2016
Sold by
Miriam
Bought by
Olive Arica S
Seller's Agent
Paul Pantea
Georgia Realty Professionals, LLC.
Buyer's Agent
Andrea Fizer
SRA Signature Realty Agents
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%

Purchase Details

Closed on
Jul 2, 2008
Sold by
Hud-Housing Of Urban Dev
Bought by
Kraft Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,470
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2007
Sold by
Wells Fargo Bank Na
Bought by
Hud-Housing Of Urban Dev

Purchase Details

Closed on
Nov 29, 2005
Sold by
Kirk Dorothy L
Bought by
Price James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,204
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 29, 2000
Sold by
Sec Of Hud
Bought by
Kirk Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,944
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 1999
Sold by
Lewis Kassondra R
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Dec 13, 1996
Sold by
Casa Bonita Inc
Bought by
Lewis Kassondra R
Source: Public Records

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Range of Values:

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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
Warranty Deed $290,000 --
Warranty Deed $144,900 --
Deed -- --
Deed -- --
Foreclosure Deed $121,203 --
Deed $114,100 --
Deed -- --
Foreclosure Deed $111,999 --
Deed $108,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,800 New Conventional
Previous Owner $70,470 New Conventional
Previous Owner $113,204 FHA
Previous Owner $108,944 FHA
Closed $0 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $366,200 -1.0% $129 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $369,900 +27.6% $130 / Sq Ft
03/30/2022 03/30/22 Sold $290,000 +5.5% $101 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $275,000 +89.8% $96 / Sq Ft
12/02/2016 12/02/16 Sold $144,900 0.0% $51 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $144,900 0.0% $51 / Sq Ft
10/29/2013 10/29/13 Rented $1,100 0.0% --
10/20/2013 10/20/13 Under Contract -- -- --
08/09/2013 08/09/13 For Rent $1,100 0.0% --
03/19/2012 03/19/12 Rented $1,100 0.0% --
03/19/2012 03/19/12 For Rent $1,100 -- --
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
2023 $5,516 $116,000 $11,120 $104,880
2022 $5,441 $114,920 $8,000 $106,920
2021 $4,198 $86,600 $8,000 $78,600
2020 $3,565 $72,160 $8,000 $64,160
2019 $3,440 $69,320 $5,800 $63,520
2018 $2,647 $55,000 $5,800 $49,200
2017 $2,932 $57,480 $5,800 $51,680
2016 $2,708 $52,280 $5,800 $46,480
2014 $2,088 $37,320 $5,800 $31,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10463950

Georgia MLS

APN: 15-057-02-095