$125,000

5498 Park Place S Atlanta, GA 30349

Estimated payment $869/month

Total Views 4,054
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Whole House Fan
  • Central Heating
  • No HOA

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.

Listing Agent

Alishan Nanji

Virtual Properties Realty.com License #411996 Listed on: 06/27/2025

Virtual Properties Realty.com

Co-Listing Agent

Mary Kim

Virtual Properties Realty.com License #432279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,106

Year Built

  • Built in 1985

Home Design

  • House
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Whole House Fan

Schools

  • Northcutt Elementary School
  • North Clayton Middle School
  • North Clayton High School

Additional Features

  • 4,792 Sq Ft Lot
  • Central Heating

Community Details

  • No Home Owners Association
  • Park Place South Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,106

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Co List Office: VIRT01
  • Levels: Two
  • Lot Size Acres: .11
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Detached

Utilities

  • Cooling: Whole House Fan
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Northcutt
  • High School: North Clayton
  • Middle School: North Clayton
  • Elementary School: Northcutt
  • Middle School: North Clayton
  • High School: North Clayton

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2106

Multi Family

  • NumberOfUnitsTotal: 44

Map

Range of Values:

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ICE

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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

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
Source: Public Records

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 -- --
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $99,000 --
Foreclosure Deed $47,001 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,200 New Conventional
Source: Public Records

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Source: Georgia MLS

MLS Number: 10554148

Georgia MLS

APN: 13-0090B-00B-066