5498 Park Place S Atlanta, GA 30349
Estimated payment $857/month
Highlights
- Popular Property
- Corner Lot
- Three Sided Brick Exterior Elevation
- Wood Flooring
- Detached Garage
- Whole House Fan
About This Home
This well-maintained property at 5498 Park Place presents a fantastic opportunity for investors seeking a stable, long-term rental income. Currently leased at $1200 per month, the lease runs through March 2026, offering excellent cash flow and peace of mind. Current Tenant has been a long term renter wanting to stay on for multiple years. HOA monthly dues are $125.
This property represents a perfect addition to any investor's portfolio, with consistent rental income and an attractive lease term. Don’t miss the chance to secure this investment opportunity with steady cash flow and future value potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,106
Year Built
- Built in 1985
Lot Details
- 4,609 Sq Ft Lot
- Corner Lot
Home Design
- Composition Roof
- Three Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Whole House Fan
Flooring
- Wood
- Carpet
- Laminate
- Luxury Vinyl Tile
Parking
- Detached Garage
- Parking Lot
Schools
- Northcutt Elementary School
- North Clayton Middle School
- North Clayton High School
Utilities
- Central Heating
Community Details
- Park Place South Subdivision
Listing and Financial Details
- Assessor Parcel Number 13090B B066
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,106 | $53,000 | $5,600 | $47,400 |
2023 | $1,106 | $30,640 | $5,600 | $25,040 |
2022 | $1,200 | $29,600 | $5,600 | $24,000 |
2021 | $1,215 | $29,800 | $5,600 | $24,200 |
2020 | $1,131 | $27,321 | $5,600 | $21,721 |
2019 | $986 | $23,342 | $4,800 | $18,542 |
2018 | $801 | $18,800 | $4,800 | $14,000 |
2017 | $880 | $20,692 | $4,800 | $15,892 |
2016 | $876 | $20,585 | $4,800 | $15,785 |
2015 | $869 | $0 | $0 | $0 |
2014 | $1,034 | $25,046 | $4,800 | $20,246 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/27/2025 06/27/25 | For Sale | $125,000 | +26.3% | -- |
02/22/2021 02/22/21 | Sold | $99,000 | -0.9% | $84 / Sq Ft |
01/25/2021 01/25/21 | Pending | -- | -- | -- |
01/17/2021 01/17/21 | For Sale | $99,900 | 0.0% | $84 / Sq Ft |
12/22/2020 12/22/20 | Pending | -- | -- | -- |
11/20/2020 11/20/20 | For Sale | $99,900 | 0.0% | $84 / Sq Ft |
03/11/2020 03/11/20 | Rented | $1,030 | -1.9% | -- |
01/17/2020 01/17/20 | For Rent | $1,050 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | -- | |
Warranty Deed | $99,000 | -- | |
Foreclosure Deed | $47,001 | -- | |
Warranty Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $79,200 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7605972

APN: 13-0090B-00B-066
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