NOT LISTED FOR SALE

Estimated Value: $287,080 - $339,000

4 Beds
4 Baths
2,184 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $320,000 $147 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,278/month

58 Days on Market

Highlights

  • Rural View
  • Four Sided Brick Exterior Elevation
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of May 2023

Great investment opportunity duplex, with 2 bedrooms and 2 bathrooms in each unit. Unit 4981, left side of the building, is completely updated. Unit 4979 is not updated and tenant occupied. Please do not disturb tenant. Located near I-285, Hwy 78, Stone Mountain Park, and Amazon warehouse. Potential high ROI duplex.

Last Agent to Sell the Property

Henry Lie

Strategy Real Estate International, LLC. License #367585 Listed on: 02/14/2023

Last Buyer's Agent

Marty Orlando

Kelly Right Real Estate of Georgia, LLC License #369413

Kelly Right Real Estate of Georgia, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 120 x 115
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring
  • Rural Views

Parking

  • 4 Parking Spaces
  • Driveway Level
  • Parking Lot

Schools

  • Stone Mill Elementary School
  • Stone Mountain Middle School
  • Stone Mountain High School

Utilities

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

Community Details

  • 2 Units
  • Mountain Spgs Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 3
  • Assessor Parcel Number 18 091 03 044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,361

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 4979 - 4981 Mountain Springs Way
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1980
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Vinyl
  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • View: Rural

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway, Level Driveway, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Mountain Spgs

Schools

  • Elementary School: Stone Mill
  • Middle School: Stone Mountain
  • High School: Stone Mountain

Lot Info

  • Acres: 0.3000
  • Lot: 8
  • Lot Features: Level
  • Lot Dimensions: 120 x 115
  • Parcel Number: 18 091 03 044
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 4361.00
  • Assessor Parcel Number: 18-091-03-044
  • Close Date: 2023-05-17
  • Tax Year: 2022

MLS Schools

  • Elementary School: Stone Mill
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
May 17, 2023
Sold by
Levanta Llc
Bought by
Williams Cozroy A
Seller's Agent
Henry Lie
Strategy Real Estate International, LLC.
Buyer's Agent
Marty Orlando
Kelly Right Real Estate of Georgia, LLC
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Total Days on Market
58
Views
337
Current Estimated Value
$317,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,980
Avg. Annual Appreciation
-0.45%
Original Mortgage
$237,000
Outstanding Balance
$231,412
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$85,608

Purchase Details

Closed on
Jan 3, 2020
Sold by
Zhu Brian
Bought by
Levanta Llc

Purchase Details

Closed on
May 26, 2016
Sold by
Johnson Sakeenah
Bought by
Zhu Brian

Purchase Details

Closed on
Aug 20, 2003
Sold by
Elamin Sakeenah
Bought by
Johnson Sakeenah
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
Williams Cozroy A $320,000 --
Levanta Llc -- --
Zhu Brian $75,000 --
Johnson Sakeenah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Cozroy A $237,000
Previous Owner Johnson Vantony $138,300
Previous Owner Johnson Sakeenah $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $320,000 -8.3% $147 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $349,000 -- $160 / Sq Ft
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
2023 $6,089 $104,600 $30,000 $74,600
2022 $4,361 $86,200 $17,000 $69,200
2021 $3,661 $70,240 $17,000 $53,240
2020 $3,110 $57,680 $12,800 $44,880
2019 $2,674 $47,760 $12,800 $34,960
2018 $2,204 $44,520 $13,400 $31,120
2017 $1,900 $29,984 $12,784 $17,200
2016 $2,531 $44,200 $13,400 $30,800
2014 $1,891 $29,000 $7,830 $21,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7176990

First Multiple Listing Service (FMLS)

APN: 18-091-03-044