Seller's Agent in 2024
David Reese
Real Broker LLC
(707) 506-0852
77 Total Sales
6388 Mount Zion Blvd Morrow, GA 30260
Estimated Value: $159,000 - $264,000
3
Beds
1.5
Baths
1,075
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- City View
- No HOA
- Storm Windows
- Ranch Style House
- Breakfast Area or Nook
- Tile Flooring
About This Home
As of March 2024Explore 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!
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,981
Avg. Annual Appreciation
16.68%
Original Mortgage
$10,000,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Thom Greenwood
T
Buyer's Agent in 2024
Thom Greenwood
Keystone Brokers, Inc.
(770) 707-2421
166 Total Sales
Map
Source: Georgia MLS
MLS Number: 10241264
APN: 12-0117B-00C-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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