$399,900
SOLD JUL 2, 2024

488 Ramona St NE Unit 486 Marietta, GA 30060

-- Bed
-- Bath
1,588 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$252 Per Sq Ft

5% Above List Price

85 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 1-Story Property
  • Marietta High School Rated A-
  • Cooling Available
  • 5-minute walk to Custer Park

About This Home

As of July 2024

Great opportunity to own a remodeled move in ready investment property, you can rent out both units for $1500 or live in one and rent one. The choice is yours. Property is located near historic Marietta, minutes from shopping and entertainment. Each unit is a 2 bedroom 1 bath with large eat I kitchen. New luxury vinyl flooring and carpet have been installed, fresh coat of paint and new electrical and plumbing fixtures. New appliances in one unit, newer roof, Hvac systems have been serviced. This one won't last !!!!

Last Agent to Sell the Property

Shaheen Dossani

Realties - USA License #179109 Listed on: 02/19/2024

Last Buyer's Agent

Carol Williams

Atlanta Communities License #360159

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $478

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Sawyer Road Elementary School
  • Marietta Middle School
  • Marietta High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Underground Utilities

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for garbage, cable TV, electricity, gas, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$478

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .13
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 2922307

Exterior Features

  • Construction Materials: Wood Siding, Block
  • Foundation Details: Block
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 4

Utilities

  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sawyer Road
  • High School: Marietta
  • Middle School: Marietta
  • Elementary School: Sawyer Road
  • Middle School: Marietta
  • High School: Marietta

Rental Info

  • Owner Pays: Garbage, Cable TV, Electricity, Gas, Sewer, Water

Multi Family

  • Total Fireplaces: 1
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Jul 2, 2024
Sold by
Sasha Homes Llc
Bought by
Ventura Mattia
Seller's Agent
Shaheen Dossani
Realties - USA
Buyer's Agent
Carol Williams
Atlanta Communities
List Price
$379,900
Sold Price
$399,900
Premium/Discount to List
$20,000
5.26%
Views
334
Current Estimated Value
$389,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,448
Avg. Annual Appreciation
-0.90%
Original Mortgage
$387,845
Outstanding Balance
$384,927
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$6,220

Purchase Details

Closed on
Jun 22, 2021
Sold by
Kilgore April M and Vaughn April M
Bought by
Well Dwelling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2011
Sold by
Federal National Mortgage Association
Bought by
Kilgore April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,226
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2011
Sold by
Bank Of America Na
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Feb 10, 2011
Sold by
Thomas Phillip A
Bought by
Ruddell E R
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $395,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $36,900 --
Warranty Deed $93,818 --
Foreclosure Deed $93,818 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $387,845 FHA
Previous Owner $510,400 New Conventional
Previous Owner $510,400 Commercial
Previous Owner $112,000 New Conventional
Previous Owner $96,600 New Conventional
Previous Owner $82,226 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $395,000 -1.2% $249 / Sq Ft
07/02/2024 07/02/24 Sold $399,900 0.0% $252 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/14/2024 05/14/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $399,900 +5.3% $252 / Sq Ft
05/13/2024 05/13/24 For Sale $379,900 -5.0% $239 / Sq Ft
05/11/2024 05/11/24 For Sale $399,900 +5.3% $252 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $379,900 -- $239 / Sq Ft
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 $957 $113,096 $32,000 $81,096
2023 $957 $113,096 $32,000 $81,096
2022 $478 $56,520 $18,000 $38,520
2021 $486 $56,520 $18,000 $38,520
2020 $341 $39,736 $11,200 $28,536
2019 $341 $39,736 $11,200 $28,536
2018 $304 $35,420 $10,000 $25,420
2017 $244 $35,420 $10,000 $25,420
2016 $218 $31,608 $10,000 $21,608
2015 $110 $14,732 $5,772 $8,960
2014 $114 $14,732 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10255685

Georgia MLS

APN: 16-1143-0-025-0