NOT LISTED FOR SALE

Estimated Value: $95,000 - $155,000

3 Beds
1 Bath
1,400 Sq Ft
$86/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $45,000 $32 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $711/month

88 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Detached Garage
  • Grimsley High School Rated A
  • No HOA
  • 2-minute walk to Douglas Park

About This Home

As of December 2017

Great starter home or perfect for investors. Home has been rented in the past. Conveniently located to downtown.

Last Agent to Sell the Property

Ed Scarlette

Landmark Real Estate, Inc License #252811 Listed on: 07/03/2017

Last Buyer's Agent

Lee Beyer-Meley

Top Shelf Investment LLC License #272694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $415

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 49 x 101 x 49 x 101
  • Property is zoned RS-7

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,242 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0002789
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$415

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 49 x 101 x 49 x 101
  • Subdivision Name: None
  • Directions: 220 South to West Smith Street to Murrow Blvd. Left onto East Gate City Blvd, right onto Martin St.
  • Above Grade Finished Sq Ft: 1242
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1923
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1242
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0002789
  • Zoning: RS-7
  • TRIADMLS_PricePerAcre: 454545.4545
  • TRIADMLS_DeedPage: 01703
  • TRIADMLS_DeedBook: 006910
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 415
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Tazs Investments Llc
Bought by
Fafa Properties Inc
Current Estimated Value
$121,093

Purchase Details

Closed on
Sep 28, 2018
Sold by
Schutt Scott David and Schutt Nicole Johnston
Bought by
Tazs Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 3, 2017
Closed on
Oct 31, 2017
Sold by
Jones Leroy and Jones Cathi Weatherly
Bought by
Schutt Scott and Schutt Nicole
Seller's Agent
Ed Scarlette
Landmark Real Estate, Inc
Buyer's Agent
Lee Beyer-Meley
Top Shelf Investment LLC
List Price
$75,000
Sold Price
$45,000
Premium/Discount to List
-$30,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Original Mortgage
$38,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2008
Sold by
Jones Leroy
Bought by
Jones Leroy and Jones Cathi Weatherly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2008
Bought by
Unknown Owner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Jones Leroy
Bought by
Jones Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.97%
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
Fafa Properties Inc $100,000 None Listed On Document
Tazs Investments Llc -- None Available
Schutt Scott $45,000 None Available
Jones Leroy -- None Available
Unknown Owner -- --
Jones Leroy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fafa Properties Inc $465,000
Previous Owner Tazs Investments Llc $525,000
Previous Owner Schutt Scott $38,250
Previous Owner Jones Leroy $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $45,000 -40.0% $41 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $75,000 -- $68 / Sq Ft
Source: Triad 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 $685 $45,800 $11,300 $34,500
2023 $685 $45,800 $11,300 $34,500
2022 $665 $48,800 $11,300 $37,500
2021 $582 $41,800 $6,000 $35,800
2020 $582 $41,800 $6,000 $35,800
2019 $582 $41,800 $0 $0
2018 $566 $41,800 $0 $0
2017 $390 $28,600 $0 $0
2016 $496 $35,800 $0 $0
2015 $499 $29,600 $0 $0
2014 $415 $29,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 840831

Triad MLS

APN: 0002789