NOT LISTED FOR SALE

505 507 Birney St Marietta, GA 30060

Estimated Value: $374,522 - $426,000

4 Beds
2 Baths
-- Sq Ft
0.25 Acres

Last Sold May 03, 2024

Last sale price $389,000

Est. 2% increase in value since last sale

Current estimated payment $2,146/month

73 Days on Market

Highlights

  • 2 Fireplaces
  • No HOA
  • Central Heating and Cooling System
  • A.L. Burruss Elementary School Rated 9+
  • 1-Story Property

About This Home

As of May 2024

Price Improvement!!! Rare Duplex in Historic Marietta Square only 1 mile to all the shops & restaurants! This duplex has a new roof, AC systems, water heater, and nice flat corner lot. Each unit has 2 large bedrooms and one bathroom. 505 Birney has been completely renovated. This duplex needs nothing. New flooring throughout and fresh paint. Kitchen and bathroom has been completely renovated. Recessed lighting in the kitchen and living area. Ceiling fans in each room. Separate laundry room. 507 Birney is the larger of the two units and has also been recently updated also. This duplex is the perfect buy giving the option to live in one unit and rent out the other, or provide a solid long term rental investment with market rents over $1400 per unit.

Last Agent to Sell the Property

Jonas Ware

Wares Realty LLC License #329083 Listed on: 01/22/2024

Last Buyer's Agent

Derek Leman

3 Options Realty, LLC License #376595

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $513

Year Built

  • Built in 1950

Lot Details

  • 0.25

Home Design

  • Duplex
  • Press Board Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Crawl Space

Parking

  • Parking Pad
  • Off-Street Parking

Schools

  • Burruss Elementary School
  • Marietta Middle School
  • Marietta High School

Additional Features

  • 0.25 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • City Of Marietta Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$513

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .25
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Price Per Square Foot: 1592000

Exterior Features

  • Construction Materials: Press Board
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Burruss
  • High School: Marietta
  • Middle School: Marietta
  • Elementary School: Burruss
  • Middle School: Marietta
  • High School: Marietta

Rental Info

  • Owner Pays: Other

Multi Family

  • Total Fireplaces: 2
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 512.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
May 3, 2024
Sold by
Ware Jonas
Bought by
Hickey Steven D
Seller's Agent
Jonas Ware
Wares Realty LLC
Buyer's Agent
Derek Leman
3 Options Realty, LLC
List Price
$449,000
Sold Price
$389,000
Premium/Discount to List
-$60,000
-13.36%
Views
427
Current Estimated Value
$395,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,631
Avg. Annual Appreciation
1.20%
Original Mortgage
$239,000
Outstanding Balance
$235,642
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$159,989

Purchase Details

Closed on
Nov 29, 2023
Sold by
Peachtree Dunwoody Prop Llc
Bought by
Ware Jonas

Purchase Details

Closed on
May 1, 2015
Sold by
Unity Capital Grp Llc
Bought by
Jhs Investment Grp Llc

Purchase Details

Closed on
Apr 24, 2015
Sold by
First Citizens Bank & Trust Co
Bought by
Unity Capital Grp Llc

Purchase Details

Closed on
Dec 2, 2014
Sold by
Ruddell E R
Bought by
First Citizens Bank And Trust

Purchase Details

Closed on
Jun 30, 1997
Sold by
New Aubrey L
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 Buyer Sale Price Title Company
Hickey Steven D $389,000 None Listed On Document
Ware Jonas $262,000 None Listed On Document
Peachtree Dunwoody Prop Llc $249,000 None Listed On Document
Regal 427 Enterprises Llc $166,700 None Listed On Document
Jhs Investment Grp Llc $68,880 --
Unity Capital Grp Llc $36,000 --
First Citizens Bank And Trust $32,400 --
Ruddell E R $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickey Steven D $239,000
Closed Ruddell E R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $389,000 -2.3% --
04/04/2024 04/04/24 Pending -- -- --
03/28/2024 03/28/24 Price Changed $398,000 -2.7% --
02/27/2024 02/27/24 Price Changed $409,000 -4.7% --
02/13/2024 02/13/24 Price Changed $429,000 -4.5% --
01/22/2024 01/22/24 For Sale $449,000 -- --
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 $590 $69,716 $26,516 $43,200
2023 $513 $60,616 $23,056 $37,560
2022 $497 $58,724 $22,364 $36,360
2021 $480 $55,844 $22,364 $33,480
2020 $480 $55,844 $22,364 $33,480
2019 $359 $41,740 $20,048 $21,692
2018 $359 $41,740 $20,048 $21,692
2017 $279 $40,436 $25,704 $14,732
2016 $168 $24,392 $10,712 $13,680
2015 $183 $24,392 $10,712 $13,680
2014 $186 $24,032 $10,712 $13,320
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jonas Ware

    Wares Realty LLC

    (678) 378-1376

    1 in this area

    19 Total Sales

    Jonas Ware
    Section Image
  • Derek Leman

    Buyer's Agent in 2024

    Derek Leman

    3 Options Realty, LLC

    (770) 378-4673

    1 in this area

    49 Total Sales

    Derek Leman
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10244128

Georgia MLS

APN: 16-1143-0-041-0

Georgia Cobb County Marietta 30060

505 507 Birney St, Marietta, GA

This home is located at 505 507 Birney St, Marietta, GA 30060 since 22 January 2024 and is currently estimated at $395,631. This property was built in 1950. 505 507 Birney St is a home located in Cobb County with nearby schools including Marietta Sixth Grade Academy, A.L. Burruss Elementary School, and Marietta Middle School.

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