$275,000
SOLD JAN 21, 2025

788 Fayetteville Rd SE Atlanta, GA 30316

East Lake Neighborhood
-- Bed
-- Bath
917 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$300 Per Sq Ft

8% Below List Price

19 Days on Market

Highlights

  • City View
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • 1-Story Property

About This Home

As of January 2025

INVESTOR SPECIAL, PRICED ~$150-200K BELOW AREA DUPLEX COMPS! This 2 bed/2 bath home (2/1 upstairs, 2/1 downstairs) could be perfect for a Fix & Flip, Buy & Hold, or owner occupant looking to invest some sweat equity. Perfect income producing property as the home is already set up as a duplex with separate entrances, kitchen in basement level, and plenty of parking. Priced WAYYYY below local area duplexes to sell quickly to a savvy investor. Potential rents in the area up to ~$1,900 per unit/~$3,800 total. Massive front deck and ramp that leads into the upstairs unit. Enter into the enclosed front porch. Enter the home into the large living room. Massive kitchen offers eat in kitchen area. Basement unit offers large living room and kitchen. Huge backyard offers a large storage shed and is waiting for your personal touch.

Last Agent to Sell the Property

Stefan Swanson

Virtual Properties Realty.com License #370417 Listed on: 12/27/2024

Virtual Properties Realty.com

Last Buyer's Agent

NORMHOMES TEAM

Realty Professionals, Inc. License #269422

Realty Professionals, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,932

Year Built

  • Built in 1947

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 148 x 65
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • City Views

Schools

  • Ronald E Mcnair Discover Learning Acad Elementary School
  • Mcnair - Dekalb Middle School
  • Mcnair High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Hasty B A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15 173 05 014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,932

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1947
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Block, Vinyl Siding
  • Roof Type: Composition, Shingle
  • Fencing: Back Yard, Chain Link
  • View: City
  • Pool Private: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Subdivision Complex: Hasty B A

Schools

  • Elementary School: Ronald E McNair Discover Learning Acad
  • Middle School: McNair - Dekalb
  • High School: McNair

Lot Info

  • Acres: 0.2100
  • Lot Dimensions: 148 x 65
  • Parcel Number: 15 173 05 014
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 2932.00
  • Assessor Parcel Number: 15-173-05-014
  • Close Date: 2025-01-21
  • Tax Year: 2024

MLS Schools

  • Elementary School: Ronald E McNair Discover Learning Acad
  • High School: McNair
  • Middle School: McNair - Dekalb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Jan 21, 2025
Sold by
Cmnc Homes Llc
Bought by
Main Property Advisors Llc
Seller's Agent
Stefan Swanson
Virtual Properties Realty.com
Buyer's Agent
NORMHOMES TEAM
Realty Professionals, Inc.
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
187.74%

Purchase Details

Closed on
Nov 8, 2024
Sold by
Turnipseed Kathy A
Bought by
Cmnc Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,721
Interest Rate
6.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Limited Warranty Deed $275,000 --
Warranty Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,721 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $499,000 +81.5% $243 / Sq Ft
01/21/2025 01/21/25 Sold $275,000 -8.3% $300 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $300,000 -- $327 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $2,932 $96,560 $38,480 $58,080
2022 $2,492 $85,400 $31,320 $54,080
2021 $2,294 $76,800 $30,400 $46,400
2020 $2,001 $63,920 $30,400 $33,520
2019 $1,959 $62,880 $6,000 $56,880
2018 $1,371 $51,560 $6,000 $45,560
2017 $1,563 $46,680 $6,000 $40,680
2016 $1,272 $39,360 $6,000 $33,360
2014 $540 $17,920 $3,040 $14,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7501196

First Multiple Listing Service (FMLS)

APN: 15-173-05-014