NOT LISTED FOR SALE

Estimated Value: $905,000 - $1,090,398

4 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold January 31, 2023

Last sale price $852,100

Est. 13% increase in value since last sale

Current estimated payment $6,087/month

16 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Forced Air Zoned Heating and Cooling System
  • Midtown High School Rated A+
  • Park

About This Home

As of January 2023

Brick Morningside triplex on dead end of the street. Each unit has its own front and rear doors, There are two fenced in areas. Driveway accommodates 4-6 cars and there is ample room on the street. Upstairs units are 2/1 each, hardwoods, with one bath, kitchen and an eating area/ living room combo. Downstairs has 2 bedrooms, 1 bath, Livingroom and large eat in kitchen. The terrace floors are laminate. Access to the rear yard through sliding glass doors. The roof and electric panels and paint on the exterior are 3-4 years old. This well loved property has been home to many related tenants who have someone in place before the other moves out! It is so Easy to rent and manage. It's a perfect place to live and rent out the other units for income. You can easily walk to Piedmont Park and the Beltline to the west and to Amsterdam, Va-Hi and Morningside Village for dinner and shopping.

Last Agent to Sell the Property

Susan Schlittler

Homestead Realtors, LLC License #11086 Listed on: 12/08/2022

Last Buyer's Agent

Mike Stewart

RE/MAX Town & Country-Hiawassee License #284673

RE/MAX Town & Country-Hiawassee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,365

Year Built

  • Built in 1962

Lot Details

  • 9,583

Home Design

  • Triplex
  • Brick Exterior Construction

Parking

  • 6 Parking Spaces
  • Side or Rear Entrance to Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Morningside Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

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

Additional Features

  • 2-Story Property
  • 9,583 Sq Ft Lot

Listing and Financial Details

  • The owner pays for electricity, gas
  • Tax Lot 2

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Morningside Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,365

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 17
  • Year Built: 1962
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .22
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Price Per Square Foot: 3932954

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Side/Rear Entrance
  • ParkingTotal: 6

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Central, Forced Air
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Electricity Billing Prorated, Gas Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Sidewalks, Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Morningside
  • High School: Midtown
  • Middle School: David T Howard
  • Elementary School: Morningside
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Land Lot: 52
  • Lot: 2

Rental Info

  • Owner Pays: Electricity, Gas

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7365

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Jan 31, 2023
Sold by
Maher Properties Llc
Bought by
Jordan Chris
Seller's Agent
Susan Schlittler
Homestead Realtors, LLC
Buyer's Agent
Mike Stewart
RE/MAX Town & Country-Hiawassee
List Price
$957,500
Sold Price
$852,100
Premium/Discount to List
-$105,400
-11.01%
Views
58
Current Estimated Value
$961,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,750
Avg. Annual Appreciation
4.75%
Original Mortgage
$507,000
Outstanding Balance
$492,059
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$469,791

Purchase Details

Listed on
Dec 8, 2022
Closed on
Jan 16, 2023
Sold by
Maher Kevin L
Bought by
Maher Properties Llc
Seller's Agent
Susan Schlittler
Homestead Realtors, LLC
Buyer's Agent
Mike Stewart
RE/MAX Town & Country-Hiawassee
List Price
$957,500
Sold Price
$852,100
Premium/Discount to List
-$105,400
-11.01%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Outstanding Balance
$492,059
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$469,791

Purchase Details

Closed on
Jan 1, 2003
Sold by
Dwyer Annette M
Bought by
Marstevan Properties Llc
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
Jordan Chris $852,100 --
Maher Properties Llc -- --
Marstevan Properties Llc $296,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Chris $507,000
Previous Owner Maher Kevin $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $852,100 -1.5% --
12/24/2022 12/24/22 Pending -- -- --
12/20/2022 12/20/22 Price Changed $865,250 -9.6% --
12/08/2022 12/08/22 For Sale $957,500 -- --
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
2025 $10,632 $304,560 $130,080 $174,480
2023 $10,930 $264,000 $128,240 $135,760
2022 $10,930 $264,000 $128,240 $135,760
2021 $8,306 $272,480 $128,240 $144,240
2020 $7,527 $181,800 $67,840 $113,960
2019 $929 $181,800 $67,840 $113,960
2018 $890 $211,360 $67,840 $143,520
2017 $1,725 $162,280 $62,600 $99,680
2016 $7,027 $162,280 $62,600 $99,680
2015 $7,927 $162,280 $62,600 $99,680
2014 $7,358 $162,280 $62,600 $99,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10115183

Georgia MLS

APN: 17-0052-0002-089-2