NOT LISTED FOR SALE

51 Sheila Ln Powder Springs, GA 30127

Estimated Value: $270,000 - $294,000

4 Beds
2 Baths
1,400 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $284,000 $203 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,692/month

10 Days on Market

Highlights

  • 1-Story Property
  • Central Heating and Cooling System
  • Ceiling Fan
  • Three Sided Brick Exterior Elevation

About This Home

As of August 2023

Excellent investor opportunity. Duplex in a sought after Powder Springs location. Tenants have been renting for 5+ years, location and property attracts long term tenants. Vast front and back yard. Each unit has 2 bedrooms and 1 Bathroom. Laminate floors. Washer Dryer connection. Unit B was just vacated after 6 years, totally renovated, great for owner occupant. Owner is also selling 89 Sheila Lane. Both the properties can be seen between 1 and 4 on Saturday August 12th. Please do not disturb tenants at any other time.

Last Agent to Sell the Property

Babbi Sethi

Georgia Realty and Management, Inc. License #267450 Listed on: 08/03/2023

Last Buyer's Agent

Erin Johnson

Maximum One Greater Atlanta Realtors License #385068

Maximum One Greater Atlanta Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,917

Year Built

  • Built in 1973

Lot Details

  • 0.46 Acre Lot

Home Design

  • Duplex
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Utilities

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

Community Details

  • 2 Units
  • Indian Rose Subdivision

Listing and Financial Details

  • Legal Lot and Block n.a / n.a
  • Assessor Parcel Number 003750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,917

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 1 INDIAN ROSE
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1973
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Indian Rose

Schools

  • Elementary School: Paulding - Other
  • Middle School: Paulding - Other
  • High School: Paulding - Other

Lot Info

  • Acres: 0.4600
  • Lot: n.a
  • Land/Lot: 1040
  • Section G M D: n.a
  • Plat Book: n.a
  • Plat Page: 4/158
  • Lot Features: Partly Leased
  • Lot Dimensions: x
  • Parcel Number: 003750
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 1917.00
  • Assessor Parcel Number: 003750
  • Close Date: 2023-08-29
  • Tax Year: 2022

MLS Schools

  • Elementary School: Paulding - Other
  • High School: Paulding - Other
  • Middle School: Paulding - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Castillo Aide Barron
Bought by
Horizon Living Trust Dated May 10 2024 and Castillo Aide Yesenia Barron Tr
Current Estimated Value
$280,747

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 29, 2023
Sold by
Skomorokhova Anya
Bought by
Castillo Aide Barron and Gallegos Alexandra E
Seller's Agent
Babbi Sethi
Georgia Realty and Management, Inc.
Buyer's Agent
Erin Johnson
Maximum One Greater Atlanta Realtors
List Price
$284,000
Sold Price
$284,000
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 12, 2018
Sold by
Hawks Landing Llc
Bought by
Skomorokhova Anya
Seller's Agent
HARDEMAN GODBEE
NOT A VALID MEMBER
Buyer's Agent
Babbi Sethi
Georgia Realty and Management, Inc.
List Price
$141,900
Sold Price
$132,500
Premium/Discount to List
-$9,400
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%
Original Mortgage
$99,375
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2015
Closed on
Apr 14, 2016
Sold by
Flugum Patricia D
Bought by
Hawks Landing Llc
Seller's Agent
Jennifer Cadwell
Sky High Realty
Buyer's Agent
Robin Sickle
Keller Williams Realty Peachtree Rd.
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%

Purchase Details

Closed on
Aug 21, 2014
Sold by
Flugum Thomas E
Bought by
Flugum Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Daniel Martha F
Bought by
Flugum Patricia D and Flugum Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.19%
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
Horizon Living Trust Dated May 10 2024 -- --
Castillo Aide Barron $284,000 --
Skomorokhova Anya $132,500 --
Hawks Landing Llc $95,000 --
Flugum Patricia D $56,700 --
Flugum Patricia D $125,000 --
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skomorokhova Anya $99,375
Previous Owner Flugum Patricia D $56,700
Previous Owner -- $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2023 08/29/23 Sold $284,000 0.0% $203 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $284,000 +114.3% $203 / Sq Ft
06/12/2018 06/12/18 Sold $132,500 -6.6% $95 / Sq Ft View Prior Sale
05/02/2018 05/02/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $141,900 0.0% $101 / Sq Ft
02/08/2018 02/08/18 Rented $675 0.0% --
01/16/2018 01/16/18 For Rent $675 0.0% --
04/14/2016 04/14/16 Sold $95,000 -4.9% $68 / Sq Ft View Prior Sale
02/17/2016 02/17/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $99,900 -- $71 / 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 $2,452 $98,588 $12,000 $86,588
2023 $2,399 $92,028 $12,000 $80,028
2022 $2,184 $73,544 $12,000 $61,544
2021 $1,703 $57,356 $8,000 $49,356
2020 $1,618 $54,472 $8,000 $46,472
2019 $1,598 $53,028 $8,000 $45,028
2018 $1,145 $37,996 $8,000 $29,996
2017 $1,161 $33,068 $8,000 $25,068
2016 $946 $31,292 $8,000 $23,292
2015 $799 $25,956 $8,000 $17,956
2014 $672 $21,304 $8,000 $13,304
2013 -- $18,000 $8,000 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7256345

First Multiple Listing Service (FMLS)

APN: 211.3.4.011.0000