NOT LISTED FOR SALE

801 Forrest Ave Rockmart, GA 30153

Estimated Value: $392,000 - $487,000

4 Beds
2 Baths
-- Sq Ft
0.47 Acres

Last Sold May 06, 2022

Last sale price $440,000

Est. 4% decrease in value since last sale

Current estimated payment $2,807/month

19 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Heating Available
  • 1-Story Property

About This Home

As of May 2022

What an amazing opportunity to start or add income opportunities to your portfolio. Building 1 (units A&B) sport Stucco siding, fresh paint, remodeled units, new roof and HVAC units. Building 2(units C&D) is also remodeled, fresh paint, new flooring, kitchen cabinets, granite counter tops, new roof and HVAC, cement siding

Last Listed By

Jeff Claeson

Coldwell Banker Realty License #316911 Listed on: 03/25/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 1972

Lot Details

  • 0.47

Home Design

  • Duplex
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Van Wert Elementary School
  • Rockmart Middle School
  • Rockmart High School

Additional Features

  • 0.47 Acre Lot
  • Heating Available

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,039

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .47
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Concrete, Stucco
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Van Wert
  • High School: Rockmart
  • High School Bus: Yes
  • Middle School: Rockmart
  • Middle School Bus: Yes
  • Elementary School: Van Wert
  • Middle School: Rockmart
  • High School: Rockmart

Lot Info

  • Deed Book: 1571
  • Deed Page: 1281

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2039

Multi Family

  • GrossIncome: 38000
  • NumberOfUnitsTotal: 4

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 6, 2022
Sold by
Amaya Jose
Bought by
Ayodeji Oluwatobiloba
Seller's Agent
Jeff Claeson
Coldwell Banker Realty
Buyer's Agent
Cynthia Walker
Engel & Völkers Atlanta
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Total Days on Market
19
Current Estimated Value
$420,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,519
Avg. Annual Appreciation
-1.51%
Original Mortgage
$352,000
Outstanding Balance
$335,326
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$85,155

Purchase Details

Listed on
Dec 12, 2015
Closed on
Jan 28, 2016
Sold by
Hutcheson Dondra
Bought by
Amaya Jose
Seller's Agent
Elaine Osborn
Elaine Osborn Realty
Buyer's Agent
Jeff Claeson
Coldwell Banker Realty
List Price
$10,000
Sold Price
$8,000
Premium/Discount to List
-$2,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.48%

Purchase Details

Closed on
Feb 8, 2010
Sold by
Robinson Doress *M and Robinson P
Bought by
Hutcheson Dondra

Purchase Details

Closed on
Feb 5, 1997
Sold by
Lyle Harold K (Releasing Interest Only)
Bought by
Robinson Roland and Robinson Doress

Purchase Details

Closed on
Sep 19, 1986
Sold by
Lyle Harold K
Bought by
Robinson Roland

Purchase Details

Closed on
Dec 30, 1972
Bought by
Lyle Harold K

Purchase Details

Closed on
Nov 16, 1972
Sold by
Lyle Lyle M and Lyle Harold K
Bought by
Lyle Harold K

Purchase Details

Closed on
Feb 29, 1972
Sold by
Statham Franklin
Bought by
Lyle Lyle M and Lyle Harold K

Purchase Details

Closed on
Jul 6, 1971
Bought by
Statham Franklin

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
Ayodeji Oluwatobiloba $440,000 --
Amaya Jose $8,000 --
Hutcheson Dondra -- --
Robinson Roland -- --
Robinson Roland -- --
Lyle Harold K -- --
Lyle Harold K -- --
Lyle Lyle M -- --
Statham Franklin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayodeji Oluwatobiloba $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $440,000 -2.2% --
04/13/2022 04/13/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $450,000 +5525.0% --
01/28/2016 01/28/16 Sold $8,000 -20.0% $4 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
12/12/2015 12/12/15 For Sale $10,000 -- $6 / 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
2024 $5,584 $196,065 $8,000 $188,065
2023 $3,708 $115,698 $2,820 $112,878
2022 $2,257 $95,100 $2,820 $92,280
2021 $1,504 $62,575 $2,820 $59,755
2020 $483 $20,044 $2,820 $17,224
2019 $290 $10,789 $2,866 $7,923
2018 $290 $10,507 $2,866 $7,641
2017 $87 $10,507 $2,866 $7,641
2016 $286 $10,507 $2,866 $7,641
2015 $288 $10,547 $2,866 $7,681
2014 $313 $11,397 $3,353 $8,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10032095

Georgia MLS

APN: R15-159