NOT LISTED FOR SALE

492 Holly St NW Atlanta, GA 30318

Grove Park Neighborhood

Estimated Value: $239,000 - $335,000

4 Beds
2 Baths
1,020 Sq Ft
$280/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $285,000 $279 Per Sq Ft

Current estimated payment $1,808/month

11 Days on Market

About This Home

As of January 2024

Looking for an investment property that is already yielding income? Look no further. Nestled in the heart of the city, not far from the belt line, the home and area has tons of potential. Both units are currently rented bringing in $2,200 a month which is under market value. The tenants are long term tenants but are on month to month leases. This property sits on a sizable lot with room and comes with plenty of potential. Schedule to come see it today before its gone.

Last Agent to Sell the Property

Tanae Mitchell

Century 21 Results License #390952 Listed on: 12/19/2023

Century 21 Results

Last Buyer's Agent

Hersh Shah

Keller Williams Realty License #396080

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 1940

Lot Details

  • 10,019

Parking

  • Off-Street Parking

Home Design

  • Duplex

Schools

  • Woodson Elementary School
  • J. L. Invictus Academy Middle School
  • Douglass High School

Utilities

  • Window Unit Cooling System
  • No Heating

Additional Features

  • 2-Story Property
  • 10,019 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Gross Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,339

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Financing Type: Conventional 95%
  • Levels: Two
  • Lot Size Acres: .23
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: None
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodson
  • High School: Douglass
  • Middle School: J. L. Invictus Academy

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2339

Multi Family

  • GrossIncome: 2200
  • NumberOfUnitsTotal: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
Jan 25, 2024
Sold by
Crosland Lovetta
Bought by
Martinez Miriam and Turcios Velasquez Juan
Seller's Agent
Tanae Mitchell
Century 21 Results
Buyer's Agent
Hersh Shah
Keller Williams Realty
List Price
$320,000
Sold Price
$285,000
Premium/Discount to List
-$35,000
-10.94%
Views
100
Current Estimated Value
$285,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264
Avg. Annual Appreciation
0.05%
Original Mortgage
$270,750
Outstanding Balance
$265,965
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$19,299

Purchase Details

Listed on
Feb 18, 2017
Closed on
Apr 28, 2017
Sold by
Crosland Lovetta
Bought by
Crosland Lovetta and Crosland Dwayne
Seller's Agent
Earl Mickens
HomeSmart
Buyer's Agent
Delois Harmon
Harmon & Harmon Realtors, Inc.
List Price
$72,500
Sold Price
$79,000
Premium/Discount to List
$6,500
8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%
Original Mortgage
$59,250
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Equity Trust Co
Bought by
Tucker L Scott

Purchase Details

Closed on
May 3, 2004
Sold by
Harpagon Company Llc
Bought by
Equity Trust Company

Purchase Details

Closed on
Jul 31, 2002
Sold by
Heartwood 11 Llc
Bought by
Harpagon Co Llc

Purchase Details

Closed on
Jan 22, 1999
Sold by
James Fred G and James Mary E
Bought by
Fowler Mainer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.72%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Martinez Miriam $285,000 --
Crosland Lovetta $79,000 --
Crosland Lovetta $79,000 --
Tucker L Scott $101,500 --
Equity Trust Company $74,500 --
Harpagon Co Llc $43,000 --
Fowler Mainer C $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Miriam $270,750
Previous Owner Crosland Lovetta $59,250
Previous Owner Fowler Mainer C $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2024 01/24/24 Sold $285,000 -10.9% $279 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
12/19/2023 12/19/23 For Sale $320,000 +305.1% $314 / Sq Ft
04/28/2017 04/28/17 Sold $79,000 +9.0% $77 / Sq Ft View Prior Sale
03/30/2017 03/30/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $72,500 0.0% $71 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/18/2017 02/18/17 For Sale $72,500 0.0% $71 / Sq Ft
07/24/2012 07/24/12 Rented $490 0.0% --
06/24/2012 06/24/12 Under Contract -- -- --
02/17/2012 02/17/12 For Rent $490 -- --
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
2025 $3,783 $98,520 $24,480 $74,040
2023 $2,365 $57,120 $18,200 $38,920
2022 $2,312 $57,120 $18,200 $38,920
2021 $2,482 $57,120 $18,200 $38,920
2020 $2,510 $61,280 $17,480 $43,800
2019 $924 $46,840 $13,040 $33,800
2018 $868 $20,960 $3,080 $17,880
2017 $727 $16,840 $2,960 $13,880
2016 $729 $16,840 $2,960 $13,880
2015 $1,594 $16,840 $2,960 $13,880
2014 $345 $7,600 $1,040 $6,560
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tanae Mitchell

    Century 21 Results

    (404) 643-1324

    1 in this area

    39 Total Sales

    Tanae Mitchell
    Section Image
  • Hersh Shah

    Buyer's Agent in 2024

    Hersh Shah

    Keller Williams Realty

    (404) 721-2550

    3 in this area

    105 Total Sales

    Hersh Shah
    Section Image

  • E

    Seller's Agent in 2017

    Earl Mickens

    HomeSmart

    (404) 384-3896

    5 Total Sales

    Earl Mickens
    Section Image
  • Delois Harmon

    Buyer's Agent in 2017

    Delois Harmon

    Harmon & Harmon Realtors, Inc.

    (478) 737-0987

    152 Total Sales

    Delois Harmon
    Section Image

  • L

    Seller's Agent in 2012

    LAWRENCE HUNT

    NOT A VALID MEMBER

See All Agents

Map

Source: Georgia MLS

MLS Number: 10234538

Georgia MLS

APN: 14-0146-0008-013-1

Georgia Fulton County Atlanta 30318 Grove Park

492 Holly St NW, Atlanta, GA

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