NOT LISTED FOR SALE

3531 Southgate Way SE Conyers, GA 30013

Estimated Value: $266,000 - $299,000

2 Beds
2 Baths
1,240 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $202,000 $163 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,035/month

11 Days on Market

Highlights

  • Cul-De-Sac
  • Central Heating and Cooling System
  • Ceiling Fan
  • Four Sided Brick Exterior Elevation

About This Home

As of January 2020

A MUST SEE! This 4- sided brick features fresh paint, BRAND NEW furnace & A/C Unit on BOTH units. Beautiful waterfront view from back patio. Both units have FULL FINISHED basements. One of the LARGEST properties in subdivision. GREAT investment opportunity. EXTREMELY EASY to rent out.

Last Agent to Sell the Property

Dung Huynh

KD & Assoc LLC License #392618 Listed on: 11/23/2019

Last Buyer's Agent

Harrison Busbee

Cornerstone Real Estate Partners, LLC License #391840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1987

Lot Details

  • 7,401 Sq Ft Lot
  • Lot Dimensions are 151 x 50
  • Cul-De-Sac

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3-Story Property
  • Ceiling Fan

Parking

  • 3 Parking Spaces
  • Driveway

Schools

  • Peek's Chapel Elementary School
  • Memorial Middle School
  • Salem High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Southgate Apts 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079C010431

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,609

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1987
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Subdivision Complex: Southgate Apts 2

Schools

  • Elementary School: Peek's Chapel
  • Middle School: Memorial
  • High School: Salem

Lot Info

  • Acres: 0.1699
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 151 x 50
  • Parcel Number: 079C010431
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 1609.00
  • Assessor Parcel Number: 079-C-01-0431
  • Close Date: 2020-01-16
  • Tax Year: 2018

MLS Schools

  • Elementary School: Peek's Chapel
  • High School: Salem
  • Middle School: Memorial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Iskhakov Arthur
Bought by
Noble Home Realty Llc
Total Days on Market
11
Current Estimated Value
$285,414

Purchase Details

Closed on
Mar 11, 2022
Sold by
Krishnamurthy Ajeya
Bought by
Iskhakov Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2019
Closed on
Jan 16, 2020
Sold by
Jones Edward C
Bought by
Krishnamurthy Ajeya and Balasubramanya Lakshmi
Seller's Agent
Dung Huynh
KD & Assoc LLC
Buyer's Agent
Harrison Busbee
Cornerstone Real Estate Partners, LLC
List Price
$199,900
Sold Price
$202,000
Premium/Discount to List
$2,100
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$142,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Robinson John G
Bought by
Jones Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
5.89%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Noble Home Realty Llc -- --
Iskhakov Arthur $215,000 --
Krishnamurthy Ajeya $202,000 --
Jones Edward C $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iskhakov Arthur $161,250
Previous Owner Krishnamurthy Ajeya $141,000
Previous Owner Krishnamurthy Ajeya $142,500
Previous Owner Jones Edward C $119,112
Previous Owner Jones Edward C $133,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $202,000 +1.1% $163 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
11/23/2019 11/23/19 For Sale $199,900 -- $161 / 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
2024 $5,199 $131,440 $42,640 $88,800
2023 $3,527 $110,880 $16,960 $93,920
2022 $3,022 $73,280 $10,320 $62,960
2021 $2,990 $73,280 $10,320 $62,960
2020 $2,083 $48,880 $7,440 $41,440
2019 $2,054 $45,760 $4,320 $41,440
2018 $1,609 $35,680 $4,320 $31,360
2017 $1,438 $31,600 $4,320 $27,280
2016 $1,438 $31,600 $4,320 $27,280
2015 $1,440 $31,600 $4,320 $27,280
2014 $1,370 $29,760 $4,320 $25,440
2013 -- $39,680 $8,000 $31,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6649131

First Multiple Listing Service (FMLS)

APN: 079-C-01-0431