NOT LISTED FOR SALE

693 N Parkwood Rd Decatur, GA 30030

Chelsea Heights Neighborhood

Estimated Value: $747,000 - $897,000

7 Beds
4 Baths
1,784 Sq Ft
$463/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $770,000 $432 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,712/month

61 Days on Market

Highlights

  • 0.6 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Druid Hills High School Rated A-
  • Attic Fan
  • Ceiling Fan

About This Home

As of August 2022

Rare 4-sided Brick Multi Family property in an AMAZING Decatur Location! Fernbank School district, right off Ponce Ave. All 3 living units have been renovated, top to bottom. Sizable KitchenCOs w/ New Cabinets, Granite Countertops, SS appliances, & LVP Flooring throughout. New Water Heaters and HVAC Systems. Plenty of off-street parking for all units & guests. Turnkey, income producing property with room to increase rents. 3 separate leases total $5649.00 of monthly income with room to grow! This property is perfect for a novice or experienced investor in a wonderful part of town.

Last Agent to Sell the Property

Zak Elfenbein

Engel & Völkers Atlanta License #410988 Listed on: 06/01/2022

Engel & Völkers Atlanta

Last Buyer's Agent

Zak Elfenbein

Engel & Völkers Atlanta License #410988 Listed on: 06/01/2022

Engel & Völkers Atlanta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,589

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 0.6

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Attic Fan

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Schools

  • Fernbank Elementary School
  • Druid Hills Middle School
  • Druid Hills High School

Additional Features

  • 0.6 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 244

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Druid Hills Subdivision

Building Details

  • Operating Expense $17,000
  • Gross Income $67,788

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,589

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 15
  • Year Built: 1953
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .60
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Bath Finished, Finished, Full

Exterior Features

  • Construction Materials: Other
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 8

Utilities

  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fernbank
  • High School: Druid Hills
  • Middle School: Druid Hills
  • Elementary School: Fernbank
  • Middle School: Druid Hills
  • High School: Druid Hills

Lot Info

  • Land Lot: 244

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021

Multi Family

  • GrossIncome: 67788
  • NumberOfUnitsTotal: 3
  • OperatingExpense: 17000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2023
Sold by
347 Properties Llc
Bought by
693 N Parkwood Rd Llc
Current Estimated Value
$825,192

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 25, 2022
Sold by
693 North Parkwood Llc
Bought by
347 Properties Llc
Seller's Agent
Zak Elfenbein
Engel & Völkers Atlanta
Buyer's Agent
Zak Elfenbein
Engel & Völkers Atlanta
List Price
$849,900
Sold Price
$770,000
Premium/Discount to List
-$79,900
-9.4%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.40%

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 9, 2021
Sold by
Murray Jeptha Reuben
Bought by
693 North Parkwood Llc
Seller's Agent
Chuck Smith
Keller Williams Realty
Buyer's Agent
Zak Elfenbein
Engel & Völkers Atlanta
List Price
$540,000
Sold Price
$520,000
Premium/Discount to List
-$20,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.86%
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
693 N Parkwood Rd Llc -- --
347 Properties Llc $770,000 --
693 North Parkwood Llc $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 693 North Parkwood Llc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $770,000 -9.4% $432 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $849,900 0.0% $476 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $849,900 +63.4% $476 / Sq Ft
08/09/2021 08/09/21 Sold $520,000 -3.7% $291 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $540,000 0.0% $303 / Sq Ft
12/20/2012 12/20/12 Rented $875 -2.8% --
11/20/2012 11/20/12 Under Contract -- -- --
11/04/2012 11/04/12 For Rent $900 -- --
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 $14,589 $316,000 $112,600 $203,400
2023 $14,589 $281,800 $40,320 $241,480
2022 $7,770 $162,840 $40,320 $122,520
2021 $2,243 $152,320 $40,320 $112,000
2020 $2,245 $151,960 $40,320 $111,640
2019 $2,125 $146,600 $40,320 $106,280
2018 $1,872 $135,160 $40,320 $94,840
2017 $2,269 $144,680 $40,320 $104,360
2016 $1,855 $120,400 $40,320 $80,080
2014 $1,881 $134,840 $40,320 $94,520
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2022

    Zak Elfenbein

    Engel & Völkers Atlanta

    (305) 582-6422

    2 in this area

    42 Total Sales

    Zak Elfenbein
    Section Image
  • Chuck Smith

    Seller's Agent in 2021

    Chuck Smith

    Keller Williams Realty

    (404) 307-6846

    5 in this area

    338 Total Sales

    Chuck Smith
    Section Image
  • JAYSON JANOWSKI

    Seller Co-Listing Agent in 2021

    JAYSON JANOWSKI

    Keller Williams Realty

    (404) 502-0355

    1 in this area

    65 Total Sales

    JAYSON JANOWSKI
    Section Image
  • MARK E LEWIS

    Seller's Agent in 2012

    MARK E LEWIS

    Atlanta Intown Real Estate Services

    (404) 217-3992

    23 Total Sales

    MARK E LEWIS
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10054344

Georgia MLS

APN: 15-244-04-007

Georgia DeKalb County Decatur 30030 Chelsea Heights

693 N Parkwood Rd, Decatur, GA

This home is located at 693 N Parkwood Rd, Decatur, GA 30030 since 01 June 2022 and is currently estimated at $825,192, approximately $462 per square foot. This property was built in 1953. 693 N Parkwood Rd is a home located in DeKalb County with nearby schools including Fernbank Elementary School, Druid Hills Middle School, and Druid Hills High School.

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