NOT LISTED FOR SALE

5581 Edith St Austell, GA 30106

Estimated Value: $283,000 - $313,000

4 Beds
2 Baths
1,696 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $260,000 $153 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,839/month

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of February 2022

Great opportunity to Purchase an Investment Property. All brick construction Duplex located in downtown Austell. Each unit offers 2 bedroom / 1 bathroom, and are currently occupied. Please Do Not Disturb the Tenants. Showings will only be allowed during Due Diligence. ****All Utilities are the responsibility of the Tenants**** 5581, 5585 Edith Street, Austell, 30106

Last Agent to Sell the Property

Frank Hidalgo

Weichert Realtors - The Collective License #378856 Listed on: 01/14/2022

Last Buyer's Agent

Shardaye Hagans

Atlanta Communities License #415893

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1963

Lot Details

  • 7,405

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Austell Elementary School
  • Garrett Middle School
  • South Cobb High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Additional Features

  • 1-Story Property
  • 7,405 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • North Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,896

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 19
  • Section: 2
  • Year Built: 1963
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .17
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Austell
  • High School: South Cobb
  • High School Bus: Yes
  • Middle School: Garrett
  • Middle School Bus: Yes
  • Elementary School: Austell
  • Middle School: Garrett
  • High School: South Cobb

Lot Info

  • Land Lot: 1308
  • Lot: 4
  • Deed Book: 14984
  • Deed Page: 1
  • Plat Book: 37
  • Plat Page: 41

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1896

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2012
Closed on
Sep 7, 2012
Sold by
Kassars Paul
Bought by
Bank Of New York Trsut and Equity Trust Co Custodiam Fbo
Seller's Agent
Courtney Newton
The Rezerve, LLC
Buyer's Agent
Courtney Newton
The Rezerve, LLC
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$301,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,862
Avg. Annual Appreciation
13.83%

Purchase Details

Closed on
Jul 18, 2008
Sold by
Bank Of Ny
Bought by
Kassars Paul

Purchase Details

Closed on
Feb 5, 2008
Sold by
Reid Demetra
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jun 22, 2006
Sold by
Wilson Rodney
Bought by
Reid Demetria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2004
Sold by
Robinson Devin A
Bought by
Wilson Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2004
Sold by
Homan Phillip T
Bought by
Robinson Devin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bank Of New York Trsut $55,000 --
Kassars Paul $52,500 --
Jpmorgan Chase Bank Na $103,700 --
Reid Demetria $143,000 --
Wilson Rodney $128,000 --
Robinson Devin A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Demetria $143,000
Previous Owner Wilson Rodney $115,200
Previous Owner Robinson Devin A $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $260,000 +4.0% $153 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $250,000 +354.5% $147 / Sq Ft
09/07/2012 09/07/12 Sold $55,000 -8.3% $32 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $60,000 -- $35 / 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
2024 $2,850 $104,952 $20,000 $84,952
2023 $2,774 $102,120 $20,000 $82,120
2022 $1,887 $68,976 $12,400 $56,576
2021 $1,896 $68,976 $12,400 $56,576
2020 $1,394 $50,704 $8,000 $42,704
2019 $1,287 $46,820 $8,000 $38,820
2018 $1,295 $47,124 $4,400 $42,724
2017 $669 $25,952 $4,400 $21,552
2016 $512 $19,848 $7,200 $12,648
2015 $524 $19,848 $7,200 $12,648
2014 $586 $21,988 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Frank Hidalgo

    Weichert Realtors - The Collective

    (404) 259-0111

    2 in this area

    12 Total Sales

    Frank Hidalgo
    Section Image

  • S

    Buyer's Agent in 2022

    Shardaye Hagans

    Atlanta Communities

    2 in this area

    9 Total Sales

    Shardaye Hagans
    Section Image
  • Courtney Newton

    Seller's Agent in 2012

    Courtney Newton

    The Rezerve, LLC

    (770) 314-5178

    3 in this area

    534 Total Sales

    Courtney Newton
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10013613

Georgia MLS

APN: 19-1308-0-067-0

Georgia Cobb County Austell 30106

5581 Edith St, Austell, GA

This home is located at 5581 Edith St, Austell, GA 30106 since 14 January 2022 and is currently estimated at $301,862, approximately $177 per square foot. This property was built in 1963. 5581 Edith St is a home located in Cobb County with nearby schools including Austell Elementary School, Garrett Middle School, and DELTA STEAM Academy.

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