J
Seller's Agent in 2022
Jamaal Mitchell
Realty One Group Edge
(617) 413-1206
1 in this area
7 Total Sales
71 Lowe St McDonough, GA 30253
Estimated Value: $279,000 - $308,108
6
Beds
3
Baths
3,010
Sq Ft
$99/Sq Ft
Est. Value
Highlights
- Four Sided Brick Exterior Elevation
- Central Heating and Cooling System
- Ceiling Fan
About This Home
As of April 2022***Back on the Market***
Due to no fault of the seller, this great property is back on the market!!
Great Updated Income Property! Triplex!! each unit has 2 bedrooms, 1 bathroom and living area. The bottom unit has an enclosed deck area that could be used for an extra bedroom. All units are tenant occupied. Units 1 and 3 have been remodeled (paint, laminate floors, new A/C units, and bathroom upgrades). Unit 2 has not been upgraded as a long term tenant currently occupies this unit. Tenants are always on time with rent. Neighbors are super nice and friendly. This location has potential for increase in rent with great tenants!
Within walking distance to the Famous McDonough Square (Buzzy Fields, Southern Roots, KirbyG Diner, Gritz, Queen Bee Coffee, and many more local attractions and shopping all within walking distance)
Within walking distance of three parks (Alexander Park, Hope Park and Big Springs Park)
Last Agent to Sell the Property
Realty One Group Edge License #388408 Listed on: 01/27/2022
Last Buyer's Agent
Megan Kiser
NOT A VALID MEMBER License #407995
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,765
Year Built
- Built in 1971 | Remodeled
Lot Details
- 0.52 Acre Lot
Parking
- Parking Lot
Home Design
- Triplex
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1.5-Story Property
- Ceiling Fan
Schools
- Walnut Creek Elementary School
- Mcdonough Middle School
- Mcdonough High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- 3 Units
- Ollis Bowen Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number M08-05024000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2022
Closed on
Apr 4, 2022
Sold by
Rhone Kareem
Bought by
Hines Leah R and Hines Alexis E
Seller's Agent
Jamaal Mitchell
Realty One Group Edge
Buyer's Agent
Megan Kiser
NOT A VALID MEMBER
List Price
$400,000
Sold Price
$300,000
Premium/Discount to List
-$100,000
-25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,473
Avg. Annual Appreciation
-0.15%
Original Mortgage
$294,566
Outstanding Balance
$278,068
Interest Rate
3.89%
Mortgage Type
FHA
Estimated Equity
$20,373
Purchase Details
Closed on
Jul 27, 2018
Sold by
Patterson Real Estate Grp Inc
Bought by
Rhone Kareem
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,520
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2013
Sold by
Wimberly Todd
Bought by
Patterson Real Estate Grp Inc
Purchase Details
Closed on
Oct 26, 2006
Sold by
Spahos Lee M
Bought by
Wimberly Todd P and Wimberly Anita R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2006
Sold by
Pelagic Investments Inc
Bought by
Spahos Lee M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 1999
Sold by
Cook Mary B
Bought by
Rucker R J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hines Leah R | $300,000 | -- | |
| Rhone Kareem | $184,693 | -- | |
| Patterson Real Estate Grp Inc | $52,201 | -- | |
| Wimberly Todd P | $195,000 | -- | |
| Spahos Lee M | -- | -- | |
| Pelagic Invest Inc | $290,000 | -- | |
| Rucker R J | -- | -- | |
| Rucker R J | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hines Leah R | $294,566 | |
| Previous Owner | Rhone Kareem | $138,520 | |
| Previous Owner | Wimberly Todd P | $175,500 | |
| Previous Owner | Pelagic Invest Inc | $246,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2022 04/04/22 | Sold | $300,000 | -25.0% | $100 / Sq Ft |
| 03/06/2022 03/06/22 | Pending | -- | -- | -- |
| 03/03/2022 03/03/22 | For Sale | $400,000 | 0.0% | $133 / Sq Ft |
| 03/03/2022 03/03/22 | Price Changed | $400,000 | +14.3% | $133 / Sq Ft |
| 01/31/2022 01/31/22 | Pending | -- | -- | -- |
| 01/27/2022 01/27/22 | For Sale | $350,000 | -- | $116 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 | $4,627 | $121,360 | $10,000 | $111,360 |
| 2023 | $4,404 | $115,360 | $10,000 | $105,360 |
| 2022 | $3,657 | $93,200 | $10,000 | $83,200 |
| 2021 | $2,765 | $68,360 | $10,000 | $58,360 |
| 2020 | $2,590 | $63,520 | $10,000 | $53,520 |
| 2019 | $2,659 | $63,440 | $10,000 | $53,440 |
| 2018 | $1,698 | $39,480 | $8,000 | $31,480 |
| 2016 | $1,667 | $38,280 | $6,000 | $32,280 |
| 2015 | $1,348 | $29,200 | $6,000 | $23,200 |
| 2014 | $1,147 | $24,880 | $6,000 | $18,880 |
Source: Public Records
Agents Affiliated with this Home
-
Jamaal Mitchell
-
M
Buyer's Agent in 2022
Megan Kiser
NOT A VALID MEMBER
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 6995111
APN: 0M08-05-024-000
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