NOT LISTED FOR SALE

6920 Factory Shoals Rd Austell, GA 30168

Estimated Value: $863,621 - $887,000

10 Beds
8 Baths
7,853 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $685,900 $87 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,300/month

64 Days on Market

Highlights

  • 6.7 Acre Lot
  • Zoned Heating and Cooling System
  • Ceiling Fan
  • 4 Fireplaces
  • Attic Fan
  • Hot Water Heating System

About This Home

As of July 2021

The property is on a 6.7 acre lot. where there are 2 big houses. You should read that again. Acreage and two big houses in one deal! The opportunity to live big and earn money all in one. The main house with high-end type build was build in 1988 with 4 bedrooms 2-1/2 bathrooms, many upgrades throughout plus finished basement with own kitchen and 1-1/2 baths perfect for in-laws or to rent. A great opportunity for an investor or a big family with extended relatives as the house built in 2003 flows great for a multi-family style or a group home.Main house boasts a stunningly beautiful, modern kitchen fully renovated in 2014 with a large stone counter that sits 6 people, stainless steel appliances, and large extractor hood, ready to be enjoyed! You must see to appreciate the spacious build and construction details of the main house. The newer home built in 2003 is big and open with a fully renovated kitchen on the secod floor and views to the open front acreage and you still don't see the main road. Main house has a spacious double garage (2-doors) and newer home has a 1-car garage. Both houses have an ample back deck each and the spacious front porch on the main house is both huge and relaxing Ample parking pad outside both homes for many cars. Both properties are joined by a covered breezeway. The compound is a gem of a steal. About a 1-1/2 mins from I-20 near Six Flags. Priced to sell!

Last Agent to Sell the Property

Luz Fillad

Virtual Properties Realty.com License #395967 Listed on: 03/03/2021

Virtual Properties Realty.com

Last Buyer's Agent

Luz Fillad

Virtual Properties Realty.com License #395967 Listed on: 03/03/2021

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,928

Year Built

  • Built in 1988

Lot Details

  • 6.7

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 4 Fireplaces
  • Attic Fan

Finished Basement

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

Parking

  • 3 Car Garage
  • Parking Pad
  • Side or Rear Entrance to Parking

Schools

  • Bryant Elementary School
  • Lindley Middle School
  • Pebblebrook High School

Utilities

  • Zoned Heating and Cooling System
  • Dual Heating Fuel
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Septic Tank

Additional Features

  • Energy-Efficient Windows
  • 6.7 Acre Lot

Listing and Financial Details

  • Tax Lot 489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,928

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Section: 2
  • Year Built: 1988
  • Financing Type: VA
  • GreenEnergyEfficient: Windows
  • Levels: Two
  • Lot Size Acres: 6.70
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished

Exterior Features

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

Garage/Parking

  • Parking Features: Attached, Garage, Parking Pad, Side/Rear Entrance
  • ParkingTotal: 3

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air, Attic Fan
  • Heating: Natural Gas, Central, Hot Water, Steam, Dual, Zoned
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Elementary School: Bryant
  • High School: Pebblebrook
  • Middle School: Lindley

Lot Info

  • Land Lot: 489

Multi Family

  • Total Fireplaces: 4

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jul 2, 2021
Sold by
Sellers Lamorris D
Bought by
Wint Abasi and Spicer Charletta
Seller's Agent
Luz Fillad
Virtual Properties Realty.com
Buyer's Agent
Luz Fillad
Virtual Properties Realty.com
List Price
$760,000
Sold Price
$685,900
Premium/Discount to List
-$74,100
-9.75%
Current Estimated Value
$871,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,640
Avg. Annual Appreciation
5.58%
Original Mortgage
$685,900
Outstanding Balance
$620,997
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$250,543

Purchase Details

Closed on
Jul 23, 2004
Sold by
Legacy Investment Group Llc
Bought by
Legacy Communities Of Knox Spring

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
6.19%

Purchase Details

Closed on
Nov 4, 2003
Sold by
Cline Lyman and Cline Kristina L
Bought by
Deutsche Bank Trust Co Americas

Purchase Details

Closed on
May 7, 1999
Sold by
Chapman Grady A and Chapman Marcelia B
Bought by
Cline Lyman and Cline Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wint Abasi $685,900 None Available
Legacy Communities Of Knox Spring $400,000 --
Deutsche Bank Trust Co Americas $357,000 --
Cline Lyman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wint Abasi $685,900
Previous Owner Legacy Communities Of Knox Spring $1,120,000
Previous Owner Cline Lyman $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold $685,900 -9.8% $87 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $760,000 -- $97 / 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
2025 $8,744 $462,588 $170,252 $292,336
2024 $12,152 $462,588 $170,252 $292,336
2023 $8,116 $301,524 $106,632 $194,892
2022 $8,053 $274,360 $73,080 $201,280
2021 $7,387 $282,516 $73,408 $209,108
2020 $6,928 $261,540 $52,432 $209,108
2019 $6,928 $261,540 $52,432 $209,108
2018 $5,022 $174,500 $27,964 $146,536
2017 $4,760 $174,500 $27,964 $146,536
2016 $4,307 $162,984 $26,216 $136,768
2015 $3,996 $144,472 $17,476 $126,996
2014 $3,575 $129,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8940922

Georgia MLS

APN: 18-0489-0-001-0