NOT LISTED FOR SALE

4801 Sugar Hill Rd SE Acworth, GA 30102

Estimated Value: $187,000 - $579,961

5 Beds
5 Baths
-- Sq Ft
0.79 Acres

Last Sold July 19, 2022

Last sale price $540,000

Est. 30% decrease in value since last sale

Current estimated payment $2,497/month

Highlights

  • Rural View
  • Corner Lot
  • Baseboard Heating

About This Home

As of July 2022

This is a great 7 unit investment property that is 100% occupied with new annual leases in place. Fully renovated with very little maintenance requirements. New floors, ceilings, kitchens and bathrooms in most units.

This property includes three structures: 1 with 5 units, 1 single unit and 1 mobile home.

The property has a solid rental history of over 20 years.

Located in a very desirable area - walking distance to Lake Allatoona.

The property is fully rented - will show with appointment only. Do not disturb tenants.

Agent is related to the owner.

Last Agent to Sell the Property

Andrew Hairetis

Johnny Walker Realty License #411015 Listed on: 08/20/2021

Co-Listed By

Kelly Geiger Hairetis

Johnny Walker Realty License #410746

Last Buyer's Agent

Jigisha Shah

Maximum One Greater Atlanta Realtors License #362623

Maximum One Greater Atlanta Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 0.79 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Rural Views
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Energy-Efficient Lighting

Schools

  • Allatoona Elementary School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • 7 Units
  • Indian Village Subdivision

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 0117A 0001 001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,655

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Updated/Remodeled
  • Year Built: 1978
  • 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
  • Lake Name: Allatoona
  • View: Rural

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, Phone Available

Condo/Co-op/Association

  • Subdivision Complex: Indian Village

Schools

  • Elementary School: Allatoona
  • Middle School: Bartow - Other
  • High School: Bartow - Other

Lot Info

  • Acres: 0.7900
  • Lot: 70
  • Land/Lot: 1091
  • Deed Book: 1153
  • Deed Page: 94
  • Plat Book: 2
  • Plat Page: 11
  • Lot Features: Corner Lot, Level
  • Parcel Number: 0117A 0001 001
  • Property Attached Yn: No

Green Features

  • Efficiency: Lighting
  • Green Energy Generation: None

Tax Info

  • Taxes: 1655.00
  • Assessor Parcel Number: 0117A-0001-001
  • Close Date: 2022-07-19
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 7

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Allatoona
  • High School: Bartow - Other
  • Middle School: Bartow - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Jul 19, 2022
Sold by
Hairetis Maria
Bought by
Yogi Apartment Llc
Seller's Agent
Andrew Hairetis
Johnny Walker Realty
Buyer's Agent
Jigisha Shah
Maximum One Greater Atlanta Realtors
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Current Estimated Value
$375,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$164,260
Avg. Annual Appreciation
-10.65%
Original Mortgage
$405,000
Interest Rate
5.81%
Mortgage Type
New Conventional
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
Yogi Apartment Llc $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Yogi Apartment Llc $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2022 07/19/22 Sold $540,000 -9.8% --
06/20/2022 06/20/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $599,000 0.0% --
04/04/2022 04/04/22 Pending -- -- --
02/07/2022 02/07/22 Price Changed $599,000 -2.4% --
10/01/2021 10/01/21 Price Changed $614,000 -2.4% --
08/20/2021 08/20/21 For Sale $629,000 -- --
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 $6,124 $148,205 $36,000 $112,205
2023 $6,149 $158,869 $24,000 $134,869
2022 $1,876 $73,904 $15,600 $58,304
2021 $1,599 $59,936 $15,600 $44,336
2020 $1,655 $60,234 $15,600 $44,634
2019 $1,762 $63,489 $10,400 $53,089
2018 $1,757 $63,057 $10,400 $52,657
2017 $1,783 $63,680 $9,600 $54,080
2016 $1,796 $63,680 $9,600 $54,080
2015 $1,595 $56,440 $8,000 $48,440
2014 $1,394 $47,760 $8,000 $39,760
2013 -- $48,280 $12,000 $36,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6933530

First Multiple Listing Service (FMLS)

APN: 0117A-0001-001