NOT LISTED FOR SALE

523 Locke St Palmetto, GA 30268

Estimated Value: $148,000 - $231,757

2 Beds
1 Bath
1,132 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $163,000 $144 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,099/month

35 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Double Pane Windows
  • Main Floor Primary Bedroom
  • Porch
  • Family Room

About This Home

As of March 2024

Don't miss the opportunity to own this quaint 1930's bungalow located in growing Downtown Palmetto! Hartsfield Jackson International Airport is only 20 minutes away, making this an ideal location just around the corner from I-85, Serenbe, Marta, groceries and restaurants. This 2bd/1ba home has 1,132 sqft with excellent rental potential. See Private Remarks.

Last Listed By

Clay Webb

Hill Country Properties License #364209 Listed on: 01/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $721

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,132 Sq Ft Home
  • 1.5-Story Property
  • Double Pane Windows
  • Family Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • Palmetto Elementary School
  • Bear Creek Middle School
  • Creekside High School

Additional Features

  • City Lot
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Financing Type: 100%
  • Levels: One and One Half
  • Lot Size Acres: .17
  • Other Sturctures: Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1132
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Oven/Range (Combo), Refrigerator
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1132
  • Above Grade Finished Sq Ft: 1132
  • Interior Amenities: Master On Main Level
  • Full Bathrooms: 1
  • Flooring: Hardwood, Tile, Carpet
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 143.99

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Lot Features: Level, City Lot
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Other
  • Heating: Other
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Palmetto
  • High School: Creekside
  • Middle School: Bear Creek
  • Elementary School: Palmetto
  • Middle School: Bear Creek
  • High School: Creekside

Tax Info

  • Year: 2022
  • Tax Annual Amount: 721.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Mar 26, 2024
Sold by
Palmetto For The People Llc
Bought by
Garcia Jose Angel Saucedo
Seller's Agent
Clay Webb
Hill Country Properties
Buyer's Agent
Nidia Guzman
Virtual Properties Realty.com
List Price
$168,000
Sold Price
$163,000
Premium/Discount to List
-$5,000
-2.98%
Total Days on Market
35
Views
115
Current Estimated Value
$178,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,189
Avg. Annual Appreciation
8.52%
Original Mortgage
$164,646
Outstanding Balance
$162,954
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$15,235

Purchase Details

Closed on
Nov 8, 2023
Sold by
5255 Fulton Industrial Boulevard Llc
Bought by
Palmetto For The People Llc

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 15, 2023
Sold by
Lawson Harry
Bought by
5255 Fulton Industrial Boulevard Llc
Seller's Agent
Ashley Allen
Dwelli
Buyer's Agent
Clay Webb
Hill Country Properties
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.40%

Purchase Details

Closed on
Aug 28, 2017
Sold by
Lawson Kelly R
Bought by
Lawson Harry Curtis

Purchase Details

Closed on
Apr 26, 2011
Sold by
Westover Orlando K
Bought by
Lawson Kelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,036
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2010
Sold by
Hembree Frances J
Bought by
Westover Orlando K

Purchase Details

Closed on
Jun 11, 1998
Sold by
Hembree Frances J
Bought by
Hembree Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.21%
Mortgage Type
New Conventional

Range of Values:

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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
Garcia Jose Angel Saucedo $163,000 --
Palmetto For The People Llc -- --
5255 Fulton Industrial Boulevard Llc $120,000 --
Lawson Harry Curtis $33,487 --
Lawson Kelly R $38,000 --
Westover Orlando K $1,000 --
Hembree Frances J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jose Angel Saucedo $164,646
Previous Owner Lawson Kelly R $37,036
Previous Owner Hembree Frances J $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $163,000 -3.0% $144 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $168,000 +40.0% $148 / Sq Ft
03/15/2023 03/15/23 Sold $120,000 -4.0% $106 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $125,000 -- $110 / 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
2023 $1,287 $45,600 $23,400 $22,200
2022 $545 $20,720 $7,880 $12,840
2021 $517 $19,040 $6,000 $13,040
2020 $522 $18,800 $5,920 $12,880
2019 $517 $18,520 $5,840 $12,680
2018 $509 $18,040 $5,680 $12,360
2017 $487 $16,680 $5,360 $11,320
2016 $528 $18,080 $7,760 $10,320
2015 $530 $18,080 $7,760 $10,320
2014 $349 $11,400 $4,880 $6,520
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 20164881

Georgia MLS

APN: 07-3613-0068-022-1