$6,000
SOLD JUN 5, 2015
2 Beds
2 Baths
1,038 Sq Ft
$175/mo HOA Fee

Recently Sold

$6 Per Sq Ft

71 Days on Market

Highlights

  • Property is near public transit
  • Great Room
  • Accessible Entrance
  • Traditional Architecture
  • Open to Family Room
  • 1-Story Property

About This Home

As of October 2018

Great investment opportunity for this 2 bedroom and 2 bathroom condo. Property needs work but could be a great deal for first time home buyer or Investor. Similar units rent for $550.00 in the community

Last Agent to Sell the Property

Elena Gist

Keller Williams Buckhead License #262956

Keller Williams Buckhead

Last Buyer's Agent

Elena Gist

Keller Williams Buckhead License #262956

Keller Williams Buckhead

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Garden Home
  • Fixer Upper
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,038 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Carpet
  • Open Access
  • Laundry in Hall

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Location

  • Property is near public transit
  • Property is walking distance to MARTA

Schools

  • Stoneview Elementary School
  • Salem Middle School
  • Lithonia High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • No Units Located Below

Community Details

  • Somerset Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / B
  • Assessor Parcel Number 16 088 04 021

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Garden (1 Level), Traditional
  • Property Condition: Fixer Upper
  • Year Built: 1973
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Appliances: Gas Water Heater
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, View to Family Room
  • Common Walls: No One Below
  • Additional Rooms: Great Room - 1 Story, Other
  • Square Footage: 1038.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned

Utilities

  • Security: Open Access
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: In Hall
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Near Marta, Public Transportation
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Somerset

Schools

  • Elementary School: Stoneview
  • Middle School: Salem
  • High School: Lithonia

Lot Info

  • Lot: 21
  • Land/Lot: 088
  • Parcel Number: 16 088 04 021
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 488.00
  • Assessor Parcel Number: 16-088-04-021
  • Close Date: 2015-06-05
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Stoneview
  • High School: Lithonia
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Oct 22, 2018
Sold by
Yc Consulting Llc
Bought by
Se Cedar Investments Llc
Seller's Agent
Everton Lindo
HomeSmart
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$35,000
Sold Price
$20,500
Premium/Discount to List
-$14,500
-41.43%
Total Days on Market
71
Current Estimated Value
$67,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,003
Avg. Annual Appreciation
19.79%
Original Mortgage
$22,500
Outstanding Balance
$19,900
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$47,603

Purchase Details

Closed on
Jan 29, 2016
Sold by
Macklin Honorlynn Shannell Dunken
Bought by
Yc Consulting Llc

Purchase Details

Listed on
Mar 23, 2015
Closed on
Jun 5, 2015
Sold by
Frt 2011 1 Reo Llc
Bought by
Dunkentell Honorlynn Shannell
Seller's Agent
Elena Gist
Keller Williams Realty Buckhead
Buyer's Agent
Elena Gist
Keller Williams Realty Buckhead
List Price
$11,900
Sold Price
$6,000
Premium/Discount to List
-$5,900
-49.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.45%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Bresach Dan
Bought by
Frt 2011 1 Reo Llc

Purchase Details

Closed on
Oct 18, 2002
Sold by
Rs Unified Svc Llc
Bought by
Bresach Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,752
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2002
Sold by
First Horizon Home Loan Corp
Bought by
Rs Unified Services Llc

Purchase Details

Closed on
May 1, 2001
Sold by
White Huey
Bought by
Bankers Trust Co

Purchase Details

Closed on
Apr 2, 1998
Sold by
Bell Carla
Bought by
White Huey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
7.1%
Mortgage Type
New Conventional

Map

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 Type Sale Price Title Company
Warranty Deed $20,500 --
Warranty Deed $11,500 --
Warranty Deed $6,000 --
Foreclosure Deed $20,000 --
Deed $52,700 --
Deed $23,000 --
Quit Claim Deed -- --
Foreclosure Deed $35,000 --
Deed $62,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $22,500 New Conventional
Closed $22,500 New Conventional
Previous Owner $44,752 New Conventional
Previous Owner $49,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $20,500 -17.7% $20 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/28/2018 09/28/18 Price Changed $24,900 -16.7% $24 / Sq Ft
08/10/2018 08/10/18 Price Changed $29,900 -14.6% $29 / Sq Ft
07/27/2018 07/27/18 For Sale $35,000 0.0% $34 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $35,000 +483.3% $34 / Sq Ft
06/05/2015 06/05/15 Sold $6,000 0.0% $6 / Sq Ft
06/05/2015 06/05/15 Sold $6,000 -49.6% $6 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/26/2015 05/26/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $11,900 -- $11 / Sq Ft
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
2023 $1,644 $17,160 $3,200 $13,960
2022 $985 $15,840 $3,200 $12,640
2021 $655 $8,200 $2,952 $5,248
2020 $651 $8,200 $2,952 $5,248
2019 $595 $8,200 $2,960 $5,240
2018 $581 $8,800 $1,600 $7,200
2017 $693 $8,440 $1,600 $6,840
2016 $694 $9,160 $840 $8,320
2014 -- $4,400 $840 $3,560
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 5509937

First Multiple Listing Service (FMLS)

APN: 16-088-04-021