NOT LISTED FOR SALE
1 Bed
1 Bath
3,552 Sq Ft
0.4 Acres

Last Sold March 23, 2021

Last sale price $815,000 $229 Per Sq Ft

144 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Park
  • Winnona Park Elementary School Rated A
  • Community Playground
  • Restaurant

About This Home

As of March 2021

When it comes to incorporating real estate as a portion of your overall portfolio, there are a few boxes you want to tick to ensure that your investment is a worthwhile one. First, an ideal property is located in a perennial part of town, for instance, something close to Emory, Agnes Scott, and the CDC (not to mention the walkable lifestyle options offered by a neighborhood like Decatur) help ensure demand for the long run. Second, an investment-owner doesn't want a lot of surprises, so something newly renovated goes a long way toward ensuring that their investment doesn't become a money pit. Third, while single-family homes have long been the rage, there are downsides: there's a lot to be said for a multi-unit setup, where all of your tenants are under the same roof. Fourth, small units at competitive-but-substantial prices help maintain a roster of professionally minded tenants who are simply more likely to treat your property with respect. The list goes on, but those are the big ones' points thoroughly covered (with a discernible sense of wraparound-porch charm, we might add) by 411 S. Candler Street in the City of Decatur, a historic, spit-polished, quintessentially Southern quadruplex that's ready to move into, just six minutes by bike from Decatur Square (with plenty of extra space for parking out back). Bottom line: we see each of these wood-floored, independently accessible, stainless appliance-equipped, one-bed/one-bath units renting for about $1,400 per month by today's market standard.

Last Agent to Sell the Property

Joshua Keen

Keller Williams Realty Metro Atlanta License #267264 Listed on: 09/18/2020

Keller Williams Realty Metro Atlanta

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,809

Year Built

  • Built in 1910

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 260x71
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • City Views

Location

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

Schools

  • Winnona Park/Talley Street Elementary School
  • Beacon Hill Middle School
  • Decatur High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15 214 01 007

Community Details

Overview

  • 4 Units
  • Oakhurst Subdivision

Amenities

  • Restaurant

Recreation

  • Community Playground
  • Park
  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,809

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1910
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • View: City

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Oakhurst

Schools

  • Elementary School: Winnona Park/Talley Street
  • Middle School: Beacon Hill
  • High School: Decatur

Lot Info

  • Acres: 0.4000
  • Lot Features: Level
  • Lot Dimensions: 260x71
  • Parcel Number: 15 214 01 007
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 10809.00
  • Assessor Parcel Number: 15-214-01-007
  • Close Date: 2021-03-23
  • Tax Year: 2019

MLS Schools

  • Elementary School: Winnona Park/Talley Street
  • High School: Decatur
  • Middle School: Beacon Hill

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

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $815,000 -4.1% $229 / Sq Ft
03/10/2021 03/10/21 For Sale $849,900 0.0% $239 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/23/2021 01/23/21 Price Changed $849,900 -1.2% $239 / Sq Ft
10/31/2020 10/31/20 Price Changed $859,900 -1.7% $242 / Sq Ft
09/18/2020 09/18/20 For Sale $875,000 0.0% $246 / Sq Ft
03/23/2015 03/23/15 For Rent $775 0.0% --
03/23/2015 03/23/15 Rented $775 +3.3% --
02/20/2014 02/20/14 For Rent $750 0.0% --
02/20/2014 02/20/14 Rented $750 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6784764

First Multiple Listing Service (FMLS)