NOT LISTED FOR SALE

5150 2nd St Morrow, GA 30260

Estimated Value: $174,000 - $263,000

3 Beds
2 Baths
1,340 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $69,000 $51 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $1,407/month

8 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Open to Family Room
  • Ranch Style House
  • White Kitchen Cabinets
  • Front Porch

About This Home

As of October 2018

Great investement opportunity just south of the city in Morrow. This lovely 3BR/2BA home sits on a nice grassy lot with plenty of yard space and dotted with mature trees. Step inside to find an open living area and kitchen, hardwoods, tiled baths and more. Tenant is already in place paying $900 a month making this the perfect addition to a growing rental portfolio. Close to Joy Lake, Clayton State University and convenient access to major interstates.

Last Agent to Sell the Property

Marc Takacs

Keller Williams Premier License #272594 Listed on: 09/11/2018

Keller Williams Premier

Co-Listed By

RICK HALE

Keller Wms Re Atl Midtown License #177312

Last Buyer's Agent

Jessica KAZEM

Berkshire Hathaway HomeServices Georgia Properties License #317653

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1988

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,340 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Open to Family Room
  • Dishwasher
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Thurgood Marshall Elementary School
  • Morrow Middle School
  • Morrow High School

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Moore H G Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 12179B F007

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1988
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: High Speed Internet
  • Basement: Crawl Space
  • Kitchen Features: Cabinets White, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Square Footage: 1340.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Lake
  • Subdivision Complex: MOORE H G

Schools

  • Elementary School: Thurgood Marshall
  • Middle School: Morrow
  • High School: Morrow

Lot Info

  • Acres: 0.2400
  • Lot Features: Level
  • Parcel Number: 12179B F007
  • Property Attached Yn: No

Tax Info

  • Taxes: 890.00
  • Assessor Parcel Number: 12-0179B-00F-007
  • Close Date: 2018-10-31
  • Tax Year: 2016

MLS Schools

  • Elementary School: Thurgood Marshall
  • High School: Morrow
  • Middle School: Morrow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 31, 2018
Sold by
Dp Georgia Br Lp
Bought by
Kazmi Sarah
Seller's Agent
Marc Takacs
Keller Williams Premier
Buyer's Agent
Jessica KAZEM
Berkshire Hathaway HomeServices Georgia Properties
List Price
$75,000
Sold Price
$69,000
Premium/Discount to List
-$6,000
-8%
Total Days on Market
8
Current Estimated Value
$207,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,989
Avg. Annual Appreciation
18.08%
Original Mortgage
$51,750
Outstanding Balance
$45,510
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$162,479

Purchase Details

Closed on
Jun 1, 2014
Sold by
Las Olas Bay Properties Peacht
Bought by
Dp Georgia Gr Lp

Purchase Details

Closed on
Sep 19, 2013
Sold by
5150 Street M Ga Llc
Bought by
Las Olas Bay Properties Peacht

Purchase Details

Closed on
Jun 28, 2013
Sold by
Griffith Bruce C
Bought by
521 Hanes Drive Fp Ga Llc

Purchase Details

Closed on
Oct 14, 2011
Sold by
Griffith Bruce C
Bought by
5150 Street M Ga Trust

Purchase Details

Closed on
Apr 25, 2011
Sold by
Hud-Housing Of Urban Dev
Bought by
Griffith Bruce C

Purchase Details

Closed on
Mar 2, 2010
Sold by
Bank Of America
Bought by
Hud-Housing Of Urban Dev

Purchase Details

Closed on
Nov 14, 2008
Sold by
Pantea Paul
Bought by
Stancu Nicolae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,283
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2008
Sold by
Hud-Housing Of Urban Dev
Bought by
Pantea Paul

Purchase Details

Closed on
Mar 7, 2006
Sold by
Mortgage Elec Regis Sys Inc
Bought by
Hud

Purchase Details

Closed on
Jan 31, 2001
Sold by
Cates Debra A and Cates John D
Bought by
Roberts David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,489
Interest Rate
7.03%
Mortgage Type
New Conventional
Source: Public Records

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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
Kazmi Sarah $69,000 --
Dp Georgia Gr Lp -- --
Las Olas Bay Properties Peacht $52,500 --
521 Hanes Drive Fp Ga Llc -- --
5150 Street M Ga Trust -- --
Griffith Bruce C -- --
Hud-Housing Of Urban Dev -- --
Bank Of America $59,779 --
Stancu Nicolae $55,000 --
Pantea Paul -- --
Hud -- --
Mortgage Elec Regis Sys Inc $81,127 --
Roberts David W $81,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kazmi Sarah $51,750
Closed -- $51,750
Previous Owner Stancu Nicolae $54,283
Previous Owner Roberts David W $80,489
Previous Owner Graham Ray $52,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $69,000 -8.0% $51 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $75,000 -- $56 / 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 $2,942 $74,520 $4,800 $69,720
2023 $2,513 $69,600 $4,800 $64,800
2022 $2,200 $55,160 $4,800 $50,360
2021 $1,673 $41,480 $4,800 $36,680
2020 $1,353 $32,955 $4,800 $28,155
2019 $1,155 $27,600 $4,000 $23,600
2018 $863 $20,400 $4,000 $16,400
2017 $865 $22,992 $4,000 $18,992
2016 $890 $21,000 $4,000 $17,000
2015 $875 $0 $0 $0
2014 $745 $21,000 $4,000 $17,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6070616

First Multiple Listing Service (FMLS)

APN: 12-0179B-00F-007