RENTED FEB 1, 2025

506 Wellington Way Jonesboro, GA 30238

Estimated Value: $214,000 - $226,000

3 Beds
2 Baths
1,404 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $210,000 $150 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,399/month

Highlights

  • Open-Concept Dining Room
  • Oversized primary bedroom
  • Private Yard
  • Deck
  • Ranch Style House
  • Neighborhood Views

About This Home

As of February 2025

This newly renovated 3-bedroom, 2-bath ranch home in Jonesboro is the ideal rental property. It features a spacious two-car garage, a screened rear porch, and a large backyard. The front entrance to the home is inviting as you step inside and take in the open views of the living room and the dining area. The 9 foot ceilings makes the space even more inviting as you look up and observe the large sunroof windows allowing natural light into the home. With everything being on one level there are 3 bedrooms each with it's own closet and adequate space. the master bedroom has it's own large shower. There is also a laundry room with attachments for a washer and a dryer. The location of this home is conveniently located close to everything, it offers both comfort and minutes from the airport, I-75, and downtown Jonesboro.

Last Agent to Rent the Property

Carmen Greer

Real Estate Gurus Realty, Inc. License #442379 Listed on: 01/22/2025

Last Renter's Agent

Carmen Greer

Real Estate Gurus Realty, Inc. License #442379 Listed on: 01/22/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 0.39 Acre Lot
  • Property fronts a county road
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Stone Fireplace
  • Open-Concept Dining Room
  • Laminate Flooring
  • Neighborhood Views
  • Carbon Monoxide Detectors

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Swint Elementary School
  • Pointe South Middle School
  • Mundys Mill High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Application Fee Required
  • Wesley Park Subdivision

Listing and Financial Details

  • Security Deposit $2,250
  • 12 Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 05246A F002

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities
  • Credit Report Required: Yes
  • Deposit: 2250
  • Lease Term: 12 Months
  • Per Adult Dollar: 50.00
  • Application Fee Per Adult: Yes
  • Deposit Required: Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1981
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1404.00
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Laminate
  • Fireplace Features: Stone
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator, Washer
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Cabinets White
  • Common Walls: No Common Walls
  • Additional Rooms: Bedroom, Laundry
  • Dining Room Features: Open Concept
  • Square Footage: 1404.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Covered, Deck
  • Exterior Features: Private Yard
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Covered, Driveway, Garage

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Main Level

Condo/Co-op/Association

  • Management: Professionally Managed
  • Subdivision Complex: Wesley Park

Lot Info

  • Acres: 0.3860
  • Lot Features: Back Yard, Front Yard
  • Parcel Number: 05246A F002
  • Property Attached Yn: No

MLS Schools

  • Elementary School: Swint
  • High School: Mundys Mill
  • Middle School: Pointe South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Nov 22, 2024
Sold by
Hilton Head Property Management Llc
Bought by
Ghi Capital Llc
Seller's Agent
Sam Stowell
Ansley Real Estate| Christie's International Real Estate
Buyer's Agent
Sajdah Wilson
Real Estate Gurus Realty, Inc.
List Price
$210,000
Sold Price
$210,000
Views
86
Current Estimated Value
$219,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,742
Avg. Annual Appreciation
4.46%
Original Mortgage
$214,200
Outstanding Balance
$128,332
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$91,410

Purchase Details

Closed on
Jan 25, 2012
Sold by
Pointone Holdings Lp
Bought by
Hilton Head Property Managemen

Purchase Details

Closed on
May 22, 2008
Sold by
Suddeth Thomas R and Suddeth Hazel H
Bought by
Moderow Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ghi Capital Llc $210,000 --
Hilton Head Property Managemen $52,000 --
Moderow Karen J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghi Capital Llc $214,200
Previous Owner Moderow Karen J $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2025 02/01/25 Rented $2,250 0.0% --
01/22/2025 01/22/25 For Rent $2,250 0.0% --
11/22/2024 11/22/24 Sold $210,000 0.0% $150 / Sq Ft View Prior Sale
11/22/2024 11/22/24 For Sale $210,000 0.0% $150 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/09/2024 10/09/24 Price Changed $210,000 -8.7% $150 / Sq Ft
08/22/2024 08/22/24 Price Changed $230,000 -8.0% $164 / Sq Ft
07/29/2024 07/29/24 For Sale $250,000 -- $178 / 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
2024 $2,949 $75,600 $8,000 $67,600
2023 $2,624 $72,680 $8,000 $64,680
2022 $2,267 $57,760 $8,000 $49,760
2021 $1,945 $49,240 $8,000 $41,240
2020 $1,761 $44,020 $8,000 $36,020
2019 $1,662 $40,942 $5,600 $35,342
2018 $1,536 $37,843 $5,600 $32,243
2017 $1,336 $32,823 $5,600 $27,223
2016 $1,222 $30,035 $5,600 $24,435
2015 $1,186 $0 $0 $0
2014 $922 $23,174 $5,600 $17,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7511869

First Multiple Listing Service (FMLS)

APN: 05-0246A-00F-002