NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,131,000

6 Beds
4 Baths
1,080 Sq Ft
$964/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $920,000 $852 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,518/month

17 Days on Market

Highlights

  • No HOA
  • Central Air
  • Ceiling Fan
  • Midtown High School Rated A+

About This Home

As of April 2022

LOCATION, LOCATION, LOCATION! Amazing investment opportunity steps away from the Best of Atlanta! Exceptionally well maintained 3-unit property in the Virginia Highlands area. Extremely high rental demand will keep these units fully occupied at top of the market rental rates. With consistently updated systems including new HVAC units, flooring, updated appliances, washer/dryer, refrigerators, and 4 off street parking spaces, this is truly a turn-key opportunity!

Last Agent to Sell the Property

Anita Corsini

RB Realty License #326015 Listed on: 03/23/2022

Last Buyer's Agent

Keith Palmer

eXp Realty License #157333

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,057

Year Built

  • Built in 1975

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Springdale Park Elementary School
  • David T Howard Middle School
  • Grady High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,057

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1975
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .12
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Price Per Square Foot: 7666666

Exterior Features

  • Construction Materials: Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Springdale Park
  • High School: Grady
  • Middle School: David T Howard
  • Elementary School: Springdale Park
  • Middle School: David T Howard
  • High School: Grady

Rental Info

  • Owner Pays: Water

Tax Info

  • Year: 2021
  • Tax Annual Amount: 13057

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Apr 26, 2022
Sold by
Mulder Humphrey Katherine L
Bought by
Arising Rental Svcs Llc and Lt & Ht Co Llc Etal
Seller's Agent
Anita Corsini
RB Realty
Buyer's Agent
Keith Palmer
eXp Realty
List Price
$1,100,000
Sold Price
$920,000
Premium/Discount to List
-$180,000
-16.36%
Current Estimated Value
$1,026,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,004

Purchase Details

Closed on
Aug 17, 2021
Sold by
Humphrey Mark L
Bought by
Humphrey Mark L and Mulder Humphrey Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,724
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Baggett Robert
Bought by
Humphrey Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,200
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2006
Sold by
Masarek Jeffrey I
Bought by
Baggett Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Arising Rental Svcs Llc $920,000 --
Humphrey Mark L -- --
Humphrey Mark L $438,000 --
Baggett Robert $357,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Humphrey Mark L $246,724
Previous Owner Humphrey Mark L $236,000
Previous Owner Humphrey Mark L $189,200
Previous Owner Baggett Robert $285,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $920,000 -16.4% $852 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,100,000 -- $1,019 / 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
2025 $10,806 $321,720 $62,560 $259,160
2023 $14,025 $338,760 $62,560 $276,200
2022 $13,434 $331,960 $37,720 $294,240
2021 $13,057 $322,320 $36,640 $285,680
2020 $13,047 $318,480 $36,200 $282,280
2019 $485 $291,120 $34,960 $256,160
2018 $11,769 $284,280 $34,120 $250,160
2017 $10,195 $236,040 $16,680 $219,360
2016 $10,221 $236,040 $16,680 $219,360
2015 $10,715 $236,040 $16,680 $219,360
2014 $7,981 $207,080 $14,640 $192,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10031228

Georgia MLS

APN: 14-0017-0009-179-5