NOT LISTED FOR SALE

Estimated Value: $231,000 - $332,000

6 Beds
6 Baths
2,320 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $220,000 $95 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,962/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Cooling Available
  • Central Heating
  • No HOA

About This Home

As of June 2022

6702 & 6704 Sold Together. Great investment opportunity, brick/frame 2 story duplex. close proximity to shopping, schools, mall, major Highways and Interstates. All units are occupied.

Last Agent to Sell the Property

Veda Nembhard

Ramzee Realty Group, Inc. License #155465 Listed on: 04/21/2022

Last Buyer's Agent

Patricia Spicer

Premier Realty of Georgia LLC License #251451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,629

Year Built

  • Built in 1986

Lot Details

  • 0.3 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Parking

  • 2 Parking Spaces
  • Parking Pad

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,629

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1986
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 0.3
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Price Per Square Foot: 733333

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Electric
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stoneview
  • High School: Lithonia
  • High School Bus: Yes
  • Middle School: Lithonia
  • Middle School Bus: Yes
  • Elementary School: Stoneview
  • Middle School: Lithonia
  • High School: Lithonia

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Total Fireplaces: 1
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2629

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 3, 2022
Sold by
Mulkey Cynthia Nelms
Bought by
Red Velet Inc and Red Velvet Properties
Seller's Agent
Veda Nembhard
Ramzee Realty Group, Inc.
Buyer's Agent
Patricia Spicer
Premier Realty of Georgia LLC
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Current Estimated Value
$285,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,056
Avg. Annual Appreciation
11.89%
Original Mortgage
$169,400
Outstanding Balance
$161,413
Interest Rate
5.27%
Mortgage Type
Mortgage Modification
Estimated Equity
$156,642
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
Red Velet Inc $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Velet Inc $169,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $220,000 +2.3% $95 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $215,000 0.0% $93 / Sq Ft
01/15/2013 01/15/13 Rented $595 0.0% --
12/16/2012 12/16/12 Under Contract -- -- --
09/14/2012 09/14/12 For Rent $595 -- --
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 $5,474 $106,680 $20,000 $86,680
2023 $5,474 $88,000 $14,160 $73,840
2022 $4,210 $82,640 $10,000 $72,640
2021 $3,208 $58,920 $10,000 $48,920
2020 $3,084 $56,720 $10,000 $46,720
2019 $3,210 $59,960 $10,000 $49,960
2018 $1,978 $36,000 $1,800 $34,200
2017 $2,165 $36,000 $1,800 $34,200
2016 $1,784 $51,520 $2,760 $48,760
2014 $1,208 $13,920 $2,760 $11,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20035354

Georgia MLS

APN: 16-120-01-023