NOT LISTED FOR SALE

809 Montgomery Ave Cedartown, GA 30125

Estimated Value: $228,490 - $296,000

4 Beds
2 Baths
-- Sq Ft
0.46 Acres

Last Sold April 29, 2024

Last sale price $265,000

Est. 3% decrease in value since last sale

Current estimated payment $1,588/month

29 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of April 2024

Spacious, fully remodeled duplex perfect for the savvy investor/owner! Each unit has 2 bedrooms and 1 bath. Close proximity to shopping/dining in downtown Cedartown and highways. Architectural Roof is only 2 years old! All new stainless appliances! All new flooring, granite countertops! Big backyard in this no HOA community. No rental restrictions - could be leased or Airbnb. Just ask how to buy this great income property with 0 downpayment! Being sold As-Is, owner has never lived there. Duplex is move-in ready!

Last Agent to Sell the Property

Cindy Powell

Atlanta Communities Brokerage Phone: 6786183013 License #375713 Listed on: 02/15/2024

Atlanta Communities

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1976

Lot Details

  • 0.46

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Parking

  • 2 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Cherokee Elementary School
  • Cedartown Middle School
  • Cedartown High School

Additional Features

  • 1-Story Property
  • 0.46 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,184

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1976
  • Financing Type: FHA
  • Levels: One
  • Lot Size Acres: .46
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee
  • High School: Cedartown
  • High School Bus: Yes
  • Middle School: Cedartown
  • Middle School Bus: Yes

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1184

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jun 12, 2024
Sold by
Trinh Nganh T
Bought by
Kimble Denise Evelyn
Seller's Agent
Cindy Powell
Atlanta Communities
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$315,000
Sold Price
$265,000
Premium/Discount to List
-$50,000
-15.87%
Views
36
Current Estimated Value
$257,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,627
Avg. Annual Appreciation
-1.80%
Original Mortgage
$260,200
Outstanding Balance
$256,556
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$817

Purchase Details

Listed on
Feb 3, 2020
Closed on
Sep 25, 2020
Sold by
Hubbard Jordan
Bought by
Trinh Ngang T
Seller's Agent
Sandi Smith
Drake Realty, Inc
Buyer's Agent
Timothy Lam
Empire Realty Group, Inc.
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.94%
Original Mortgage
$127,645
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2018
Sold by
R & D Enterprises Inc
Bought by
Hubbard Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2001
Sold by
Barrett John Nelson and Deborah Ann Barret
Bought by
R & D Enterprises Inc

Purchase Details

Closed on
Mar 4, 1976
Sold by
Benefield John H
Bought by
Barrett John N

Purchase Details

Closed on
Jan 20, 1976
Sold by
Benefield N R & Sons
Bought by
Benefield John H

Purchase Details

Closed on
Oct 15, 1975
Sold by
Miller Thomas and Miller Mary
Bought by
Benefield N R & Sons

Purchase Details

Closed on
May 18, 1972
Bought by
Miller Thomas and Miller Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kimble Denise Evelyn $265,000 --
Trinh Ngang T $130,000 --
Hubbard Jordan $90,000 --
R & D Enterprises Inc $85,000 --
Barrett John N -- --
Benefield John H -- --
Benefield N R & Sons -- --
Miller Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimble Denise Evelyn $260,200
Previous Owner Trinh Ngang T $127,645
Previous Owner Hubbard Jordan $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2024 04/29/24 Sold $265,000 -3.6% --
03/15/2024 03/15/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $275,000 -12.7% --
02/15/2024 02/15/24 For Sale $315,000 +142.3% --
09/25/2020 09/25/20 Sold $130,000 +0.1% -- View Prior Sale
08/05/2020 08/05/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $129,900 -- --
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 $2,811 $88,992 $5,520 $83,472
2023 $1,948 $56,184 $5,520 $50,664
2022 $1,139 $47,976 $5,520 $42,456
2021 $1,153 $47,976 $5,520 $42,456
2020 $1,156 $47,976 $5,520 $42,456
2019 $960 $35,743 $5,200 $30,543
2018 $957 $34,731 $5,200 $29,531
2017 $945 $34,731 $5,200 $29,531
2016 $893 $32,806 $5,200 $27,606
2015 $895 $32,806 $5,200 $27,606
2014 $902 $32,806 $5,200 $27,606
Source: Public Records

Agents Affiliated with this Home

  • Cindy Powell

    Seller's Agent in 2024

    Cindy Powell

    Atlanta Communities

    (678) 618-3013

    48 Total Sales

    Cindy Powell
    Section Image
  • Glenda Broker

    Buyer's Agent in 2024

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
  • Sandi Smith

    Seller's Agent in 2020

    Sandi Smith

    Drake Realty, Inc

    (770) 546-5752

    174 Total Sales

    Sandi Smith
    Section Image
  • Timothy Lam

    Buyer's Agent in 2020

    Timothy Lam

    Empire Realty Group, Inc.

    (678) 525-6776

    31 Total Sales

    Timothy Lam
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10254273

Georgia MLS

APN: C25-090

Georgia Polk County Cedartown 30125

809 Montgomery Ave, Cedartown, GA

Not Listed for Sale

MultiFamily

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