NOT LISTED FOR SALE

3390 Old Lost Mountain Rd Powder Springs, GA 30127

Estimated Value: $226,000 - $305,000

4 Beds
2 Baths
-- Sq Ft
0.71 Acres

Last Sold May 17, 2024

Last sale price $267,500

Est. 2% increase in value since last sale

Current estimated payment $1,713/month

19 Days on Market

Highlights

  • Airport or Runway
  • 1-Story Property
  • Central Heating and Cooling System
  • No HOA
  • Property is near shops
  • Ceiling Fan

About This Home

As of May 2024

Discover this great investment opportunity in Powder Springs, Ga. The property itself is a 4-sided brick ranch style home and each unit has a basement for storage and laundry. Plenty of natural sunlight in each unit. The roof is less than 1 year old. Unit A sports 2 bedrooms, and 1 bathroom. The unit sports hardwood and tile floors. The kitchen has white cabinets and laminate countertops. Central HVAC and a gas water heater. The bathroom feature shower/tub combination and a vanity and tile The laundry is in the basement. Unit B sports 2 bedrooms and 1 bathroom. The kitchen has white cabinets and laminate countertops. The bathroom has a tub/shower combo and a vanity and tiled walls. The flooring is carpet and laminate. Central HVAC and gas water heater and the laundry is in the basement. This is a great opportunity to own your very own investment property where you can rent both units out or live in one unit and collect rent. In either case its a win-win and a great chance to create generational wealth Easy access to downtown Powder Springs, Austell, Hiram, Dallas, Douglasville and Atlanta. DonCOt forget the access to recreation as well. Close to schools, shopping, restaurants, recreation, Silver Comet Trail and so much more.

Last Agent to Sell the Property

Jeff Claeson

Coldwell Banker Realty License #316911 Listed on: 04/18/2024

Coldwell Banker Realty

Last Buyer's Agent

Leslie Nguyen

Maximum One Realtor Partners License #430128

Maximum One Realtor Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1963

Lot Details

  • 0.71

Parking

  • Parking Accessed On Kitchen Level

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Schools

  • Compton Elementary School
  • Tapp Middle School
  • Mceachern High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • 0.71 Acre Lot
  • Property is near shops

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Airport or Runway

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,072

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .71
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Kitchen Level

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Airport/Runway, Street Lights, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Compton
  • High School: Mceachern
  • High School Bus: Yes
  • Middle School: Tapp
  • Middle School Bus: Yes
  • Elementary School: Compton
  • Middle School: Tapp
  • High School: Mceachern

Lot Info

  • Deed Book: 14009
  • Deed Page: 692

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2072

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Le Duong Trung
Bought by
Le & Duong Investment Llc
Current Estimated Value
$272,619

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 17, 2024
Sold by
Roberts Lester Wayne and Roberts Wayne L
Bought by
Duong Trung Le
Seller's Agent
Jeff Claeson
Coldwell Banker Realty
Buyer's Agent
Leslie Nguyen
Maximum One Realtor Partners
List Price
$305,000
Sold Price
$267,500
Premium/Discount to List
-$37,500
-12.3%
Views
135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Jun 15, 2004
Sold by
Roberts Heidi L
Bought by
Roberts L W
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
Le & Duong Investment Llc -- None Listed On Document
Duong Trung Le $267,500 None Listed On Document
Roberts L W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $267,500 -12.3% --
05/07/2024 05/07/24 For Sale $305,000 0.0% --
05/07/2024 05/07/24 Pending -- -- --
04/18/2024 04/18/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $305,000 -- --
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 $2,496 $82,792 $36,956 $45,836
2023 $2,072 $68,724 $32,056 $36,668
2022 $1,782 $58,724 $24,888 $33,836
2021 $1,782 $58,724 $24,888 $33,836
2020 $1,542 $50,808 $16,972 $33,836
2019 $1,542 $50,808 $16,972 $33,836
2018 $1,383 $45,556 $14,332 $31,224
2017 $1,310 $45,556 $14,332 $31,224
2016 $1,169 $40,652 $9,428 $31,224
2015 $1,198 $40,652 $9,428 $31,224
2014 $1,159 $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Claeson

    Seller's Agent in 2024

    Jeff Claeson

    Coldwell Banker Realty

    (678) 773-0906

    5 in this area

    51 Total Sales

    Section Image

  • L

    Buyer's Agent in 2024

    Leslie Nguyen

    Maximum One Realtor Partners

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10283389

Georgia MLS

APN: 19-0753-0-099-0

Georgia Cobb County Powder Springs 30127

3390 Old Lost Mountain Rd, Powder Springs, GA

This home is located at 3390 Old Lost Mountain Rd, Powder Springs, GA 30127 since 18 April 2024 and is currently estimated at $260,514. This property was built in 1963. 3390 Old Lost Mountain Rd is a home located in Cobb County with nearby schools including Compton Elementary School, Tapp Middle School, and McEachern High School.

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