NOT LISTED FOR SALE

887 Westland Dr SW Marietta, GA 30064

Estimated Value: $417,000 - $586,000

8 Beds
4 Baths
1,632 Sq Ft
$287/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $367,000 $225 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,725/month

25 Days on Market

Highlights

  • Home fronts a creek
  • 0.75 Acre Lot
  • 1-Story Property
  • Marietta High School Rated A-
  • Corner Lot
  • 4-minute walk to Laurel Park

About This Home

As of March 2019

Great Multi-family find in the heart of Marietta close to Marietta Sq! New HVAC installed in one of the units and 3 actively rented. Perfect location just off Whitlock and close to the Marietta Square. Set back for quiet enjoyment with fire-pit, picnic table and yard for tenants pets! Marietta City isnt allowing any more duplexes...and this is an opportunity to get 2 of them! Easy to turn to condos and sell individually for 100K each! Good condition and bones throughout.

Last Agent to Sell the Property

Stuart Fleming

Crowder Realty, LLC License #370608 Listed on: 01/03/2019

Last Buyer's Agent

RO PREISINGER

Coldwell Banker Realty License #146386

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1982

Lot Details

  • 0.75 Acre Lot
  • Home fronts a creek
  • Corner Lot

Home Design

  • Quadruplex
  • Shingle Roof

Parking

  • 9 Parking Spaces
  • Paved Parking
  • Parking Lot

Schools

  • A.L. Burruss Elementary School
  • Marietta Middle School
  • Marietta High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Property is near schools

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 16122500440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$730

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1982
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Other Structures: Storage - Other
  • Roof Type: Shingle

Garage/Parking

  • Number Of Parking Spaces: 9
  • Parking Features: Parking Lot, Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Separate Meters
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Near Schools

Schools

  • Elementary School: A.L. Burruss
  • Middle School: Marietta
  • High School: Marietta

Lot Info

  • Acres: 0.7500
  • Lot: 1
  • Land/Lot: 1
  • Section G M D: 1
  • Plat Book: 1
  • Plat Page: 1
  • Lot Features: Corner Lot
  • Parcel Number: 16122500440
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4
  • Waterfront Features: Creek

Tax Info

  • Taxes: 730.00
  • Assessor Parcel Number: 16-1225-0-044-0
  • Close Date: 2019-03-08
  • Tax Year: 2018

MLS Schools

  • Elementary School: A.L. Burruss
  • High School: Marietta
  • Middle School: Marietta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 8, 2019
Sold by
Fleming Stuart
Bought by
Chang Alice S
Seller's Agent
Stuart Fleming
Crowder Realty, LLC
Buyer's Agent
RO PREISINGER
Coldwell Banker Realty
List Price
$375,000
Sold Price
$367,000
Premium/Discount to List
-$8,000
-2.13%
Current Estimated Value
$468,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,935
Avg. Annual Appreciation
4.27%
Original Mortgage
$275,250
Outstanding Balance
$242,968
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$238,245

Purchase Details

Closed on
Aug 20, 2018
Sold by
Alvarado Kimberly
Bought by
Fleming Stuart and Fleming Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2017
Sold by
Alvarado Carlos
Bought by
Alvarado Kimberly

Purchase Details

Listed on
Aug 28, 2014
Closed on
Nov 21, 2014
Sold by
Edwards Family Investment 1 Ll
Bought by
Alvarado Carlos and Alvarado Kimberly
Seller's Agent
Cathy Colquitt
Harry Norman Realtors
Buyer's Agent
Cathy Colquitt
Harry Norman Realtors
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$165,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Edwards Julian H and Edwards Nancy
Bought by
Edwards Family Investments I Llc

Purchase Details

Closed on
Jan 16, 2004
Sold by
Goddard Sara L
Bought by
Edwards Edwards J and Edwards Nancy

Purchase Details

Closed on
Sep 30, 1998
Sold by
Duplex Housing Fund I Ltd
Bought by
Goddard Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.95%
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
Chang Alice S $367,000 --
Fleming Stuart $262,000 --
Alvarado Kimberly -- --
Alvarado Carlos $220,000 --
Edwards Family Investments I Llc -- --
Edwards Edwards J $270,000 --
Goddard Sara L $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Alice S $275,250
Previous Owner Fleming Stuart $175,500
Previous Owner Alvarado Kimberly $164,000
Previous Owner Alvarado Carlos $165,000
Previous Owner Goddard Sara L $130,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $367,000 -2.1% $225 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $375,000 +70.5% $230 / Sq Ft
11/21/2014 11/21/14 Sold $220,000 -12.0% $135 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $250,000 -- $153 / 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
2024 $2,101 $248,360 $70,000 $178,360
2023 $1,469 $173,680 $60,000 $113,680
2022 $1,188 $140,388 $50,000 $90,388
2021 $1,206 $140,388 $50,000 $90,388
2020 $1,091 $126,972 $44,800 $82,172
2019 $730 $85,028 $20,000 $65,028
2018 $730 $85,028 $20,000 $65,028
2017 $503 $73,028 $8,000 $65,028
2016 $381 $55,288 $15,960 $39,328
2015 $415 $55,288 $15,960 $39,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6115539

First Multiple Listing Service (FMLS)

APN: 16-1225-0-044-0