NOT LISTED FOR SALE

Estimated Value: $252,000 - $264,000

3 Beds
2.5 Baths
1,802 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $237,500 $132 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,901/month

111 Days on Market

Highlights

  • Laundry closet
  • Garage
  • Carpet
  • Central Air
  • Level Lot
  • Heating Available

About This Home

As of June 2022

Perfect opportunity for INVESTORS!!! Adorable house with an open floor plan, nice size level back yard in a quite neighborhood perfect as an investment property. HVAC system changed less than a month ago. Newer floors changed last summer. Property is tenant occupied with a really good tenant that pays on time. Tenant pays $1250 a month and lease ends January 2023. Lease can not be terminated until January 2023. Renting well under market rate. Great opportunity to walk into a steady cash flow. Please DO NOT disturb tenant. Showing by appointment only.

Last Agent to Sell the Property

Ermias Habte

Sellect REALTORS, LLC License #354544 Listed on: 02/17/2022

Last Buyer's Agent

John Sherwood

Worthmoore Realty License #313226

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 2000

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Dishwasher
  • Laundry closet

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Murphy Candler Elementary School
  • Salem Middle School
  • Martin Luther King Jr High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • The Chestnut Lake Preserve Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / G

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,952

Year Built

Built in 2000

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .20
  • Property Sub-Type: Townhouse
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Living Room
  • Flooring: Carpet, Laminate

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 200
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Murphy Candler
  • High School: Martin Luther King Jr
  • Middle School: Salem
  • Elementary School: Murphy Candler
  • Middle School: Salem
  • High School: Martin Luther King Jr

Lot Info

  • Land Lot: 16
  • Lot: 16
  • Plat Book: 0115
  • Plat Page: 0040

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 6, 2022
Sold by
Fremicael Ruta B
Bought by
Ao Propco 1 Llc
Seller's Agent
Ermias Habte
Sellect Realtors, LLC.
Buyer's Agent
John Sherwood
Worthmoore Realty
List Price
$245,000
Sold Price
$237,500
Premium/Discount to List
-$7,500
-3.06%
Total Days on Market
111
Current Estimated Value
$259,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,377
Avg. Annual Appreciation
2.87%

Purchase Details

Closed on
Jan 27, 2015
Sold by
Mathis Andrew J
Bought by
Fremicael Ruta B

Purchase Details

Closed on
Jul 26, 2013
Sold by
Michael Rahel
Bought by
Mathis Andrew J

Purchase Details

Listed on
Aug 14, 2012
Closed on
Jan 29, 2013
Sold by
Fremicael Ruta
Bought by
Michael Rahel
Seller's Agent
FELLEKE SEYOUM
NOT A VALID MEMBER
Buyer's Agent
BETTY AMANUEL
NOT A VALID MEMBER
List Price
$31,900
Sold Price
$36,000
Premium/Discount to List
$4,100
12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Monroe Mary R
Bought by
Fremicael Ruta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2001
Sold by
Bowen Builders Group Inc
Bought by
Monroe Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,750
Interest Rate
6.95%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Ao Propco 1 Llc $237,500 --
Fremicael Ruta B $25,000 --
Mathis Andrew J -- --
Michael Rahel $36,000 --
Fremicael Ruta $132,500 --
Monroe Mary R $117,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fremicael Ruta $106,000
Previous Owner Monroe Mary R $122,035
Previous Owner Monroe Mary R $115,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $237,500 -3.1% $132 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $245,000 +580.6% $136 / Sq Ft
01/29/2013 01/29/13 Sold $36,000 +12.9% $20 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $31,900 -- $18 / 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
2023 $5,101 $95,000 $16,920 $78,080
2022 $3,918 $81,520 $7,240 $74,280
2021 $2,952 $58,640 $7,240 $51,400
2020 $1,152 $38,800 $7,240 $31,560
2019 $1,164 $38,800 $7,240 $31,560
2018 $1,367 $38,800 $7,240 $31,560
2017 $1,137 $36,440 $7,240 $29,200
2016 $340 $9,976 $2,456 $7,520
2014 $986 $14,380 $3,420 $10,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10057072

Georgia MLS

APN: 11-233-03-016