NOT LISTED FOR SALE

505 Hamlin Trace Riverdale, GA 30274

Estimated Value: $207,000 - $232,000

3 Beds
2 Baths
1,250 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $35,000 $28 Per Sq Ft

Est. 519% increase in value since last sale

Current estimated payment $1,407/month

37 Days on Market

About This Home

As of March 2016

Great potential in this 3 bedroom 2 bath ranch home on a corner lot. Large family room with fireplace. spacious bedrooms. Sold as-is. All cash offers require proof of funds. Seller request finance offers obtain pre-approval from Fay Servicing.

Last Listed By

Molly Riley

Property Advantage LLC License #221139 Listed on: 01/28/2016

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,411

Year Built

  • 1979

Lot Details

  • 0.37

Home Design

  • Slab Foundation

Interior Spaces

  • 1,250 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room

Property Details

Home Type

Other

Est. Annual Taxes

$2,411

Year Built

1979

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1979

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Masonry
  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Slab/None
  • Interior Amenities: Vaulted Ceilings, Pulldown Attic Stairs, Wall-to-wall Carpet
  • Above Grade Finished Sq Ft: 1250

Exterior Features

  • Construction: Rough-Sawn Siding

Garage/Parking

  • Parking: 2 Car, Attached, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Central
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Street Lights

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Pointe South / Clayton / Clayton County, GA
  • Middle School: Pointe South / Clayton / Clayton County, GA
  • High School: Riverdale / Clayton / Clayton County, GA

Lot Info

  • Lot Description: Corner, Sloping
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Mar 29, 2016
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Jato Acquisitions Llc
Seller's Agent
Molly Riley
Property Advantage LLC
Buyer's Agent
Oriana Wyche
Skye Unlimited Management & Real Est
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%
Total Days on Market
37
Current Estimated Value
$216,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,533
Avg. Annual Appreciation
22.04%

Purchase Details

Closed on
Jan 5, 2016
Sold by
Acosta Fidel
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Mar 25, 2008
Sold by
Christiana Bank & Trust Co
Bought by
Acosta Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,600
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 5, 2008
Sold by
Gohoure Aristide
Bought by
Christiana Bank & Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,453
Interest Rate
5.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 15, 2006
Sold by
Banjos Properties Llc
Bought by
Gohoure Aristide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
9.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
Sold by
Bank Of America
Bought by
Banjos Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 5, 2005
Sold by
Robertson Melvin
Bought by
Bank Of America

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
Jato Acquisitions Llc $35,000 --
Wilmington Savings Fund Society Fsb $40,000 --
Acosta Fidel $50,000 --
Christiana Bank & Trust Co $45,000 --
Gohoure Aristide $129,000 --
Banjos Properties Llc $74,000 --
Bank Of America $28,257 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acosta Fidel $87,600
Previous Owner Security National Funding $61,453
Previous Owner Gohoure Aristide $122,550
Previous Owner Banjos Properties Llc $83,500
Previous Owner Robertson Melvin $55,305
Previous Owner Robertson Melvin $54,397
Previous Owner Robertson Melvin $32,800
Previous Owner Robertson Melvin $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $35,000 -16.7% $28 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
02/25/2016 02/25/16 Price Changed $42,000 -15.8% $34 / Sq Ft
02/19/2016 02/19/16 For Sale $49,900 0.0% $40 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $49,900 -- $40 / 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 $2,411 $72,720 $6,400 $66,320
2023 $2,562 $70,960 $6,400 $64,560
2022 $2,067 $52,680 $6,400 $46,280
2021 $1,671 $42,320 $6,400 $35,920
2020 $1,266 $31,659 $6,400 $25,259
2019 $1,064 $26,200 $4,800 $21,400
2018 $965 $23,760 $4,800 $18,960
2017 $570 $14,000 $4,800 $9,200
2016 $863 $21,205 $4,800 $16,405
2015 $818 $0 $0 $0
2014 $653 $16,414 $6,400 $10,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07580632

Georgia MLS

APN: 13-0235A-00H-010