NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,220,000

5 Beds
4 Baths
3,296 Sq Ft
$318/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $841,000 $255 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,360/month

9 Days on Market

Highlights

  • RV or Boat Parking
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Jackson Elementary School Rated A
  • No HOA
  • Ceiling Fan

About This Home

As of February 2024

Nestled within the highly sought-after Buckhead district, this multifaceted property embodies an unparalleled investment prospect in the heart of a thriving rental market. Comprising four distinct units. Unit A, currently occupied, boasts a thoughtfully designed 2-bedroom, 1-bath layout. Illuminated by natural light, it features a charming sunroom, a generously sized living area, and an integrated kitchen and dining space. Unit B, unoccupied and ready for immediate occupancy, offers a 1-bedroom, 1-bath layout, and eat-in kitchen, accentuated by a spacious 10x14 ft balconyCoan ideal retreat for tenants seeking outdoor tranquility. Unit C, also currently vacant, provides a cozy yet inviting 1-bedroom, 1-bath apartment, perfect for those seeking comfort and convenience. Completing the ensemble is Unit D, a compact yet leased studio, catering perfectly to individuals seeking a cozy living arrangement. Strategically positioned mere moments from the city's vibrant hubs, tenants will relish the convenience of nearby restaurants, grocery options, entertainment venues, and major thoroughfares. Nestled in a serene, well-established neighborhood, this property offers abundant driveway parkingCoa sought-after amenity. While Units A and D generate steady income, Units B and C offer immediate revenue potential, either as-is or with judicious updates. In summary, this property stands as an enticing investment proposition, promising both immediate rental returns and the assurance of long-term capital appreciation within an esteemed locale. Only units B and C are available to view. DO NOT DISTRUBE TENANTS IN UNITS A AND D!!!

Last Agent to Sell the Property

Nicole Harrington

Atlanta Communities Brokerage Phone: 6788780936 License #370737 Listed on: 12/31/2023

Atlanta Communities

Last Buyer's Agent

Inman Porter

Ansley RE | Christie's Int'l RE License #407284

Ansley RE | Christie's Int'l RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,663

Year Built

  • Built in 1940

Lot Details

  • 8,712

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • 8 Parking Spaces
  • Over 1 Space Per Unit
  • Off-Street Parking
  • RV or Boat Parking

Schools

  • Jackson Elementary School
  • Sutton Middle School
  • North Atlanta High School

Additional Features

  • 8,712 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for electricity, garbage, gas, sewer, water
  • Legal Lot and Block 98 / A

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mrs Ida T Honour Subdivision

Building Details

  • Operating Expense $28,102
  • Gross Income $77,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,663

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 17
  • Year Built: 1940
  • Financing Type: Conventional 90%
  • Levels: Two
  • Lot Size Acres: .20
  • Structure Type: Multi Family (5+ Units), House, Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Bath Finished, Daylight, Exterior Entry, Finished
  • Price Per Square Foot: 4205000

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit, Off Street, RV/Boat Parking
  • ParkingTotal: 8

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Jackson
  • High School: North Atlanta
  • Middle School: Sutton
  • Elementary School: Jackson
  • Middle School: Sutton
  • High School: North Atlanta

Lot Info

  • Land Lot: 98
  • Lot: 98
  • Plat Book: 176
  • Plat Page: 94

Rental Info

  • Owner Pays: Electricity, Garbage, Gas, Sewer, Water

Multi Family

  • Total Fireplaces: 1
  • GrossIncome: 77340
  • NumberOfUnitsTotal: 4
  • OperatingExpense: 28102

Tax Info

  • Year: 2022
  • Tax Annual Amount: 11663

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2023
Closed on
Feb 13, 2024
Sold by
Onalp Commercial Management Llc
Bought by
Porter Inman and Porter Stephen
Seller's Agent
Nicole Harrington
Atlanta Communities
Buyer's Agent
Inman Porter
Ansley RE | Christie's Int'l RE
List Price
$875,000
Sold Price
$841,000
Premium/Discount to List
-$34,000
-3.89%
Views
91
Current Estimated Value
$1,046,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,686
Avg. Annual Appreciation
13.82%
Original Mortgage
$630,750
Outstanding Balance
$619,582
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$427,104

Purchase Details

Closed on
Jul 20, 2022
Sold by
Wright Mildred Estella
Bought by
Onalp Commercial Management Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Youngblood Thomas D and Youngblood Meredith
Bought by
Wright William S and Wright Mildred E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Douglas Keith A
Bought by
Youngblood Thomas D and Youngblood Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.87%
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
Porter Inman $841,000 --
Onalp Commercial Management Llc -- --
Wright William S $500,000 --
Youngblood Thomas D $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Inman $630,750
Previous Owner Wright William S $375,000
Previous Owner Youngblood Thomas D $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $841,000 -3.9% $255 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/31/2023 12/31/23 For Sale $875,000 0.0% $265 / Sq Ft
08/23/2022 08/23/22 For Rent $1,400 -- --
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
2025 $9,929 $339,080 $126,080 $213,000
2023 $9,929 $311,240 $109,840 $201,400
2022 $11,663 $288,200 $103,160 $185,040
2021 $10,327 $254,920 $74,120 $180,800
2020 $10,319 $251,880 $73,240 $178,640
2019 $506 $253,920 $104,080 $149,840
2018 $9,469 $228,720 $61,680 $167,040
2017 $7,937 $183,760 $53,920 $129,840
2016 $8,979 $207,360 $53,920 $153,440
2015 $9,542 $207,120 $53,920 $153,200
2014 $8,488 $187,200 $48,720 $138,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10236564

Georgia MLS

APN: 17-0098-0001-084-0