NOT LISTED FOR SALE

550 Gresham Park Dr Marietta, GA 30062

Eastern Marietta Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.33 Acres Lot

Sale Details

Date Sold: June 7, 2016

Last sale price $280,000

190 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Attached Garage
  • Level Lot
  • Wheeler High School Rated A+
  • Central Heating

About This Home

As of June 2016

3 BUILDING OPPORTUNITY (1 OWNER)- 550 GRESHAM PARK DR, 551 GRESHAM PARK DR, AND 531 GRESHAM PARK DR. 14 TOTAL UNITS-TOTAL GROSS INCOME = $97,500/YR. 10% CAP. BRING YOUR 1031, INVESTORS, OR HEDGE FUND MANAGERS TO TAKE ADVANTAGE OF THIS INVESTMENT OPPORTUNITY. LOW EXPENSES & STABLE INCOME. GREAT RENTAL LOCATION! VALUES EXPECTED TO SOAR DUE TO PROXIMITY TO NEW FALCONS AND BRAVES STADIUMS.

Last Agent to Sell the Property

Jules Harper

Keller Williams Realty Signature Partners License #313788 Listed on: 11/19/2015

Keller Williams Realty Signature Partners

Last Buyer's Agent

Nahkema Parker

Keller Williams Realty Signature Partners License #365393

Keller Williams Realty Signature Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 1984

Lot Details

  • 14,375 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof

Parking

  • 2 Car Attached Garage
  • Varies By Unit
  • Driveway
  • Parking Lot

Schools

  • Powers Ferry Elementary School
  • East Cobb Middle School
  • Wheeler High School

Additional Features

  • Property is near public transit
  • Central Heating

Community Details

  • 6 Units
  • Tall Pines Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 16109700390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,308

Year Built

Built in 1984

Lot Details

0.33 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Driveway, Parking Lot, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Electric

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Subdivision Complex: TALL PINES

Fee Information

  • Annual Expenses: 10592

Lot Info

  • Acres: 0.3300
  • Lot: 1
  • Section G M D: 2
  • Plat Book: 95
  • Plat Page: 26
  • Lot Features: Level
  • Lot Dimensions: UNDER 1/3 ACRE
  • Parcel Number: 16109700390
  • Property Attached Yn: No

Tax Info

  • Taxes: 2308.00
  • Tax Year: 2015

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Powers Ferry
  • High School: Wheeler
  • Middle School: East Cobb
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $280,000 -6.7% --
05/27/2016 05/27/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $300,000 -- --
Source: First Multiple Listing Service (FMLS)

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
2025 $6,506 $215,920 $8,516 $207,404
2024 $6,510 $215,920 $8,516 $207,404
2023 $6,504 $215,720 $8,516 $207,204
2022 $4,171 $137,440 $7,860 $129,580
2021 $3,330 $109,720 $7,860 $101,860
2020 $3,330 $109,720 $7,860 $101,860
2019 $3,330 $109,720 $7,860 $101,860
2018 $3,330 $109,720 $7,860 $101,860
2017 $3,154 $109,720 $7,860 $101,860
2016 $3,141 $109,240 $3,276 $105,964
2015 $2,308 $78,360 $3,276 $75,084
2014 $2,325 $78,240 $3,276 $74,964
Source: Public Records

Agents Affiliated with this Home

  • Jules Harper

    Seller's Agent in 2016

    Jules Harper

    Keller Williams Realty Signature Partners

    (770) 765-5005

    171 Total Sales

    Jules Harper
    Section Image
  • Nahkema Parker

    Buyer's Agent in 2016

    Nahkema Parker

    Keller Williams Realty Signature Partners

    (678) 592-2541

    92 Total Sales

    Nahkema Parker
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5621733

First Multiple Listing Service (FMLS)
Georgia Cobb County Marietta 30062 Eastern Marietta

550 Gresham Park Dr, Marietta, GA

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