NOT LISTED FOR SALE

Estimated Value: $633,563 - $794,000

5 Beds
3 Baths
1,402 Sq Ft
$509/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $505,000 $360 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,561/month

1 Day on Market

Highlights

  • City View
  • Security Gate
  • Central Heating and Cooling System
  • Midtown High School Rated A+
  • 1-Story Property

About This Home

As of May 2020

Raise your hand if you like guaranteed returns! This incredible property has been steadily rented for 15 years and is a great investment for anyone looking for a turn-key situation. The front house features 4 large bedrooms, a common living room, 2 bathrooms, laundry room, and a kitchen. The carriage house was recently renovated with a full kitchen, bedroom, and bonus room. The property is located in the heart of Home park and is walking distance to restaurants, Georgia Techs Campus, parks, and other great facilities. This is truly a can't miss property!

Last Agent to Sell the Property

Rosanne Dorfman

Bolst, Inc. License #350934 Listed on: 03/24/2020

Bolst, Inc.

Last Buyer's Agent

Lance Rhodes

Atlanta Communities License #370381

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,518

Year Built

  • Built in 1920

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • City Views

Home Security

  • Security Gate
  • Carbon Monoxide Detectors

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Centennial Place Elementary And Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • Phone Available

Community Details

  • 2 Units
  • Home Park Subdivision

Listing and Financial Details

  • Tax Lot 149
  • Assessor Parcel Number 17 014900060638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,518

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1920
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Roof Type: Shingle
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Security Gate
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Home Park

Schools

  • Elementary School: Centennial Place
  • Middle School: Centennial Place
  • High School: Midtown

Lot Info

  • Acres: 0.1148
  • Lot: 149
  • Section G M D: Fulton
  • Lot Dimensions: x
  • Parcel Number: 17 014900060638
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 7518.00
  • Assessor Parcel Number: 17-0149-0006-063-8
  • Close Date: 2020-05-14
  • Tax Year: 2019

MLS Schools

  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: Centennial Place

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 12, 2020
Sold by
Colley Rachel Thereas
Bought by
Colley Rachel Thereas and Colley Rahhshahun
Seller's Agent
Rosanne Dorfman
Bolst, Inc.
Buyer's Agent
Lance Rhodes
Atlanta Communities
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Current Estimated Value
$713,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,891
Avg. Annual Appreciation
6.94%
Original Mortgage
$500,000
Outstanding Balance
$447,548
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$266,343

Purchase Details

Closed on
Jun 14, 1999
Sold by
Murray Marla
Bought by
Riesenberg Samuel B and Riesenberg Gail B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,250
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1999
Sold by
Strode George
Bought by
Murray Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.08%
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
Colley Rachel Thereas -- --
Colley Rachel Thereas $505,000 --
Riesenberg Samuel B $215,000 --
Murray Maria $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colley Rachel Thereas $500,000
Previous Owner Riesenberg Samuel B $175,000
Previous Owner Riesenberg Samuel B $167,250
Previous Owner Murray Maria $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2020 05/14/20 Sold $505,000 +1.2% $360 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $499,000 -- $356 / 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
2025 $7,412 $235,240 $73,080 $162,160
2023 $9,620 $232,360 $43,480 $188,880
2022 $5,286 $232,360 $43,480 $188,880
2021 $3,817 $202,000 $52,880 $149,120
2020 $7,630 $186,240 $58,760 $127,480
2019 $924 $182,960 $57,720 $125,240
2018 $6,650 $160,640 $22,360 $138,280
2017 $3,669 $84,960 $20,680 $64,280
2016 $3,679 $84,960 $20,680 $64,280
2015 $3,688 $84,960 $20,680 $64,280
2014 $3,852 $84,960 $20,680 $64,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6700520

First Multiple Listing Service (FMLS)

APN: 17-0149-0006-063-8