NOT LISTED FOR SALE

64 College St McDonough, GA 30253

Estimated Value: $434,235 - $576,000

8 Beds
3 Baths
3,110 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2022

Last sale price $448,000 $144 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,095 / mo

47 Days on Market

Highlights

  • City View
  • Furnished
  • Ceiling Fan
  • Private Lot
  • Forced Air Heating and Cooling System
  • Hot Water Heating System

About This Home

As of December 2022

Calling all investors. Here is your opportunity to really land an amazing steal, in the heart of Mcdonough. Minutes from the famous Mcdonough Square. With two of the three units leased. With the last unit as a Airbnb eighty percent of the time rented out. Kept clean and maintained with a professional at all times. Cap rate is higher than the fast pace Atlanta. Mcdonough is growing fast and do not walk run to this investment, you will not be disappointed. Please do not disturb the tenants, please call for an appointment. More photos to come by the end of the week 07/22.

Last Agent to Sell the Property

Tony Tanksley

LoKation Real Estate, LLC License #378240 Listed on: 07/20/2022

LoKation Real Estate, LLC

Last Buyer's Agent

Dominique Johnson

EXP Realty, LLC. License #384913

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Back Yard Fenced
  • Private Lot
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • City Views
  • Carbon Monoxide Detectors

Parking

  • 4 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Tussahaw Elementary School
  • Eagles Landing Middle School
  • Eagles Landing High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Septic Tank

Community Details

  • 3 Units
  • Wn Tarleton Subdivision

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number M20-13017000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,197

Year Built

Built in 1900

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Legal Description: LLOT-134 LDIST-7
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Property Condition: Resale
  • Year Built: 1900
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Aluminum Siding
  • Roof Type: Shingle
  • Fencing: Back Yard
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway, Parking Lot

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air, Heat Pump, Hot Water

Condo/Co-op/Association

  • Subdivision Complex: Wn Tarleton

Lot Info

  • Acres: 0.0500
  • Lot: 134
  • Lot Features: Level, Private
  • Lot Dimensions: x
  • Parcel Number: M20-13017000
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Furnished

Tax Info

  • Taxes: 2197.00
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Tussahaw
  • High School: Eagles Landing
  • Middle School: Eagles Landing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Haven Homes Development Llc
Bought by
Metro Management & Investments Inc
Current Estimated Value
$482,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$216,816
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,243

Purchase Details

Closed on
Apr 24, 2015
Sold by
Tarleton James W
Bought by
Haven Homes Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Price Helen T
Bought by
Tarleton James W and Tarleton Judy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Metro Management & Investments Inc $225,000 --
Haven Homes Development Llc $107,000 --
Tarleton James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metro Management & Investments Inc $240,000
Previous Owner Haven Homes Development Llc $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $448,000 -22.1% $144 / Sq Ft
10/29/2022 10/29/22 Price Changed $575,000 -4.2% $185 / Sq Ft
10/08/2022 10/08/22 For Sale $600,000 0.0% $193 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $600,000 0.0% $193 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $600,000 -- $193 / 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
2025 $6,467 $171,840 $14,000 $157,840
2024 $6,467 $137,680 $10,000 $127,680
2023 $5,276 $138,840 $10,000 $128,840
2022 $3,329 $84,560 $10,000 $74,560
2021 $2,197 $56,880 $10,000 $46,880
2020 $2,182 $53,040 $10,000 $43,040
2019 $2,263 $53,560 $10,000 $43,560
2018 $1,951 $45,800 $8,000 $37,800
2016 $1,850 $42,800 $5,864 $36,936
2015 $1,946 $43,400 $6,000 $37,400
2014 -- $39,920 $6,000 $33,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7085118

First Multiple Listing Service (FMLS)

APN: 0M20-13-017-000

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