NOT LISTED FOR SALE

8953 Norwalk Ct Jonesboro, GA 30238

Estimated Value: $152,000 - $181,000

3 Beds
1 Bath
1,050 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 01, 2015

Last sale price $50,000 $48 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $1,086/month

Highlights

  • Dining Room Seats More Than Twelve
  • White Kitchen Cabinets
  • Eat-In Kitchen
  • Ranch Style House
  • Cul-De-Sac
  • Living Room

About This Home

As of December 2015

Outstanding 16.94% projected annual return for serious all-cash investor. Projected annual expenses: $495 taxes, $750 insurance, $500 maintenance. Projected early income (@850/mo)=$10,200. Renovations just completed: all systems working properly. Fantastic opportunity for investor to also purchase 8959 Norwalk Court (located next door to the left) which has a projected 17.89% annual return and is priced at only $45,900. Both homes are at the end of a quiet cul-de-sac.

Last Agent to Sell the Property

DAN DRISCOLL

NOT A VALID MEMBER License #276883 Listed on: 09/23/2015

Last Buyer's Agent

MARY WINELAND

Knight Realty of Georgia License #163781

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $495

Year Built

  • Built in 1971

Lot Details

  • Cul-De-Sac
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,050 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Laminate Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Entrance

Schools

  • Brown - Clayton Elementary School
  • Pointe South Middle School
  • Lovejoy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Flint River Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / H
  • Assessor Parcel Number 05244C A024

Home Details

Home Type

Single Family

Est. Annual Taxes

$495

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1971
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Appliances: Electric Range, Electric Water Heater
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 1050.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Flint River Estates

Schools

  • Elementary School: Brown - Clayton
  • Middle School: Pointe South
  • High School: Lovejoy

Lot Info

  • Lot: 24
  • Land/Lot: 244
  • Plat Book: 12
  • Plat Page: 193
  • Lot Features: Cul-De-Sac, Level
  • Lot Dimensions: .2531
  • Parcel Number: 05244C A024
  • Property Attached Yn: No

Tax Info

  • Taxes: 495.00
  • Assessor Parcel Number: 05-0244C-00A-024
  • Close Date: 2015-12-01
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Brown - Clayton
  • High School: Lovejoy
  • Middle School: Pointe South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2015
Closed on
Dec 1, 2015
Sold by
Stonefort Properties Llc
Bought by
Stover Valerie Gipson
Seller's Agent
DAN DRISCOLL
NOT A VALID MEMBER
Buyer's Agent
MARY WINELAND
Knight Realty of Georgia
List Price
$49,900
Sold Price
$50,000
Premium/Discount to List
$100
0.2%
Current Estimated Value
$171,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,078
Avg. Annual Appreciation
14.21%
Original Mortgage
$48,677
Outstanding Balance
$40,101
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$144,680

Purchase Details

Closed on
Aug 4, 2015
Sold by
Bassett Homer David
Bought by
Stonefort Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Stover Valerie Gipson $50,000 --
Stonefort Properties Llc $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stover Valerie Gipson $48,677
Closed Stover Valerie Gipson $4,000
Previous Owner Stonefort Properties Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2015 12/01/15 Sold $50,000 +0.2% $48 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $49,900 -- $48 / 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 $2,149 $65,080 $7,200 $57,880
2023 $2,127 $58,920 $7,200 $51,720
2022 $1,427 $46,360 $7,200 $39,160
2021 $1,049 $36,560 $7,200 $29,360
2020 $686 $27,142 $7,200 $19,942
2019 $569 $24,012 $5,600 $18,412
2018 $385 $19,478 $5,600 $13,878
2017 $315 $17,731 $5,600 $12,131
2016 $713 $17,512 $5,600 $11,912
2015 $623 $0 $0 $0
2014 $495 $12,454 $5,600 $6,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5599062

First Multiple Listing Service (FMLS)

APN: 05-0244C-00A-024