NOT LISTED FOR SALE

6388 Mount Zion Blvd Morrow, GA 30260

Estimated Value: $164,000 - $257,000

3 Beds
1.5 Baths
1,075 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $167,000 $155 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,273/month

17 Days on Market

Highlights

  • City View
  • No HOA
  • Storm Windows
  • Ranch Style House
  • Breakfast Area or Nook
  • Tile Flooring

About This Home

As of March 2024

Explore the exciting opportunity of this rental investment property with promising commercial/retail potential! This residence boasts 3 bedrooms and 1.5 bathrooms, offering a solidly constructed framework with untapped possibilities. While it hasn't undergone recent updates, the home stands as a testament to enduring construction, complemented by a full, unfinished, walk-out basement. Currently occupied by long-term tenants for the past decade, this property presents a stable income stream for the savvy investor. The reliability of tenants underscores the desirability of this investment opportunity. Beyond its potential as a rental property, envision the prospect of transforming this residence into a charming first home for the right buyer. With a little vision and creativity, this property can be tailored to meet the needs and aspirations of a new homeowner. Don't miss the chance to explore the versatility of this property. Whether you're an investor seeking a reliable income stream or a first-time homebuyer with an eye for potential, schedule an appointment with the listing agent today. Take a tour and discover the possibilities that await in this promising real estate opportunity!

Last Agent to Sell the Property

David Reese

Real Broker LLC License #405867 Listed on: 01/13/2024

Last Buyer's Agent

Thom Greenwood

Keystone Brokers, Inc. License #164559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,210

Year Built

  • Built in 1964

Lot Details

  • 0.42 Acre Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Level Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,075 Sq Ft Home
  • Ceiling Fan
  • City Views
  • Storm Windows
  • Breakfast Area or Nook

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • 2 Parking Spaces
  • Carport
  • Parking Pad
  • Parking Accessed On Kitchen Level

Schools

  • Mcgarrah Elementary School
  • Rex Mill Middle School
  • Mount Zion High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Renaldo/Castlwood Acres Subdivision

Listing and Financial Details

  • Tax Lot 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,210

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • ArchitecturalStyle: Brick 4 Side, Ranch
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .42
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1075
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Bedrooms: 3
  • Basement: Daylight, Exterior Entry, Full
  • Total Finished Sq Ft: 1075
  • Above Grade Finished Sq Ft: 1075
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Tile, Carpet
  • Kitchen Features: Breakfast Area
  • Window Features: Storm Window(s)

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Fencing: Back Yard, Chain Link
  • Foundation Details: Block
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Attached, Carport, Kitchen Level, Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central, Forced Air
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mcgarrah
  • High School: Mount Zion
  • Middle School: Rex Mill

Lot Info

  • Lot: 21

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Mar 5, 2024
Sold by
Manuel Warren Ellis
Bought by
Lunsford Family Properties Llc
Seller's Agent
David Reese
Real Broker LLC
Buyer's Agent
Thom Greenwood
Keystone Brokers, Inc.
List Price
$187,700
Sold Price
$167,000
Premium/Discount to List
-$20,700
-11.03%
Views
306
Current Estimated Value
$201,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,843
Avg. Annual Appreciation
11.72%
Original Mortgage
$10,000,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Lunsford Family Properties Llc -- --
Lunsford Family Properties Llc $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lunsford Family Properties Llc $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2024 03/05/24 Sold $167,000 -11.0% $155 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $187,700 -- $175 / 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 $2,505 $63,320 $8,800 $54,520
2023 $2,175 $60,240 $8,800 $51,440
2022 $2,109 $52,840 $8,800 $44,040
2021 $1,820 $45,200 $8,800 $36,400
2020 $1,540 $37,631 $8,800 $28,831
2019 $1,529 $36,800 $6,400 $30,400
2018 $1,318 $31,596 $6,400 $25,196
2017 $1,099 $26,146 $6,400 $19,746
2016 $1,068 $25,389 $6,400 $18,989
2015 $1,061 $0 $0 $0
2014 $1,236 $30,188 $6,400 $23,788
Source: Public Records

Agents Affiliated with this Home

  • David Reese

    Seller's Agent in 2024

    David Reese

    Real Broker LLC

    (707) 506-0852

    3 in this area

    80 Total Sales

    David Reese
    Section Image

  • T

    Buyer's Agent in 2024

    Thom Greenwood

    Keystone Brokers, Inc.

    (770) 707-2421

    2 in this area

    160 Total Sales

    Thom Greenwood
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10241264

Georgia MLS

APN: 12-0117B-00C-011

Georgia Clayton County Morrow 30260

6388 Mount Zion Blvd, Morrow, GA

Not Listed for Sale

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