NOT LISTED FOR SALE

427 Park St Cedartown, GA 30125

Cedartown Area

Estimated Value: $264,659 - $286,000

6 Beds
6 Baths
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: July 15, 2020

Last sale price $220,000

Est. 24% increase in value since last sale

Current estimated payment $1,749 / mo

19 Days on Market

Highlights

  • Mountain View
  • Accessible Doors
  • Heating Available
  • Cul-De-Sac
  • Energy-Efficient Appliances

About This Home

As of July 2020

6 unit apartment building, made to resemble a beautiful house, Fully occupied. total income is $4175 per month or $50,100 per year. Cap rate is above 20%. located in downtown Cedartown, minutes to dining and shopping. all 6 units are 1 bedroom 1 bath. Each unit has its own address and kitchen and bathroom and front door. THIS IS NOT a rooming house or shared space, this is a 6 unit apartment building designed like a house. Land lord pays water and electrical, do not disturb tenants

Last Agent to Sell the Property

Darhon Walker

The Dazsh Group, LLC License #321219 Listed on: 05/17/2020

Last Buyer's Agent

Eric Halverson

Real Broker, LLC. License #281085

Real Broker, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $403

Year Built

  • Built in 2019

Lot Details

  • 12,197 Sq Ft Lot
  • Cul-De-Sac

Parking

  • Parking Lot

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Mountain Views

Schools

  • Eastside - Polk Elementary School
  • Cedartown Middle School
  • Cedartown High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Additional Features

  • Accessible Doors
  • Energy-Efficient Appliances

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number C28 049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$403

Year Built

Built in 2019

Lot Details

0.28 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 2019
  • Accessibility Features: Accessible Doors
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Heating: Electric
  • Utilities: Electricity Available

Fee Information

  • Annual Expenses: 7000

Lot Info

  • Acres: 0.2800
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: x
  • Parcel Number: C28 049
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Tax Info

  • Taxes: 403.00
  • Tax Year: 2019

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Eastside - Polk
  • High School: Cedartown
  • Middle School: Cedartown

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Bought by
Current Estimated Value
$271,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 17, 2020
Closed on
Jul 15, 2020
Sold by
Bought by
Seller's Agent
Darhon Walker
The Dazsh Group, LLC
Buyer's Agent
Eric Halverson
Real Broker, LLC.
List Price
$254,987
Sold Price
$220,000
Premium/Discount to List
-$34,987
-13.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%

Purchase Details

Closed on
Sep 19, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 1995
Sold by
Bought by

Purchase Details

Closed on
May 24, 1993
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 1993
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 1986
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 1986
Sold by
Bought by

Purchase Details

Closed on
May 28, 1970
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 1969
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 1956
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$220,000 --
$51,000 --
$20,000 --
$12,000 --
$18,000 --
-- --
$20,000 --
$25,500 --
$35,000 --
$25,000 --
$35,000 --
$9,500 --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $180,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $220,000 -13.7% --
06/16/2020 06/16/20 For Sale $254,987 0.0% --
06/05/2020 06/05/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $254,987 -- --
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,066 $93,171 $8,000 $85,171
2024 $3,340 $105,744 $4,800 $100,944
2023 $2,159 $62,293 $682 $61,611
2022 $1,244 $52,423 $682 $51,741
2021 $1,260 $52,423 $682 $51,741
2020 $1,007 $41,784 $682 $41,102
2019 $536 $19,969 $1,595 $18,374
2018 $527 $19,115 $1,367 $17,748
2017 $520 $19,115 $1,367 $17,748
2016 $516 $18,950 $1,367 $17,582
2015 $131 $18,950 $1,367 $17,582
2014 $521 $18,950 $1,367 $17,582
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Darhon Walker

    The Dazsh Group, LLC

    (678) 834-4556

    43 Total Sales

    Darhon Walker
    Section Image

  • E

    Buyer's Agent in 2020

    Eric Halverson

    Real Broker, LLC.

    (912) 222-0583

    67 Total Sales

    Eric Halverson
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6724662

First Multiple Listing Service (FMLS)

APN: C28-048

Georgia Polk County Cedartown 30125

427 Park St, Cedartown, GA

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