NOT LISTED FOR SALE

898 T P Burruss Sr Dr SW Atlanta, GA 30314

University Center Neighborhood

Estimated Value: $282,000 - $442,000

3 Beds
3 Baths
1,632 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $308,000 $189 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,468/month

9 Days on Market

Highlights

  • 0.33 Acre Lot
  • 4-minute walk to Ashby
  • Forced Air Heating and Cooling System
  • Property is near public transit
  • Storm Windows
  • Level Lot

About This Home

As of October 2021

Amazing Turnkey investment opportunity with over 9% cap rate! Fully occupied cash Flowing Student Housing in the heart of the AUC! 5 tenants. Great rental income! Walking distance to Mercedes Benz! Don't miss out on this amazing opportunity for the savvy investor! 5 bds, 2.5 baths. Great tenants currently in place. 24 Hour video surveillance. (coin-operated washer & dryer available).

Last Agent to Sell the Property

Camille Gonzales

Pro Realty, LLC License #293602 Listed on: 09/03/2021

Co-Listed By

Marland Briscoe

NOT A VALID MEMBER License #361084

Last Buyer's Agent

Stephanie Omenukor

Keller Williams Realty Atl Perimeter License #402676

Keller Williams Realty Atl Perimeter

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Storm Windows

Parking

  • 4 Parking Spaces
  • Driveway Level

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • M. A. Jones Elementary School
  • Herman J. Russell West End Academy Middle School
  • Booker T. Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • Atlanta University Center Subdivision

Listing and Financial Details

  • Legal Lot and Block 99 / 99
  • Assessor Parcel Number 14 010900010372

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,054

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Storm Window(s)

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Back Yard

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway, Level Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Public Transportation
  • Subdivision Complex: Atlanta University Center

Schools

  • Elementary School: M. A. Jones
  • Middle School: Herman J. Russell West End Academy
  • High School: Booker T. Washington

Lot Info

  • Acres: 0.3300
  • Lot: 99
  • Land/Lot: 99
  • Section G M D: 99
  • Plat Book: 9
  • Plat Page: 99
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 14 010900010372
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 1

Tax Info

  • Taxes: 4054.00
  • Assessor Parcel Number: 14-0109-0001-037-2
  • Close Date: 2021-10-15
  • Tax Year: 2020

MLS Schools

  • Elementary School: M. A. Jones
  • High School: Booker T. Washington
  • Middle School: Herman J. Russell West End Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 15, 2021
Sold by
Kamanu Eze
Bought by
Thinkzik Real Estate Llc
Seller's Agent
Camille Gonzales
Pro Realty, LLC
Buyer's Agent
Stephanie Omenukor
Keller Williams Realty Atl Perimeter
List Price
$299,900
Sold Price
$308,000
Premium/Discount to List
$8,100
2.7%
Current Estimated Value
$359,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,630
Avg. Annual Appreciation
5.43%
Original Mortgage
$246,400
Outstanding Balance
$226,151
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$150,992

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 13, 2021
Sold by
898 T P Burruss Llc
Bought by
Kamanu Eze
Seller's Agent
Camille Gonzales
Pro Realty, LLC
Buyer's Agent
Stephanie Omenukor
Keller Williams Realty Atl Perimeter
List Price
$299,900
Sold Price
$308,000
Premium/Discount to List
$8,100
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Outstanding Balance
$226,151
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$150,992

Purchase Details

Closed on
Sep 4, 2020
Sold by
Choiseul Properties Llc
Bought by
898 Tp Burruss Llc

Purchase Details

Listed on
Mar 29, 2014
Closed on
Apr 22, 2014
Sold by
Res Ga Thirteen Llc
Bought by
Choiseul Properties Llc
Seller's Agent
Heaher Stanton
NOT A VALID MEMBER
Buyer's Agent
Jerilyn Lewis
Area West Realty, LLC.
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.63%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Sibdhannie Eric L
Bought by
Res Ga Thirteen Llc and C/O Rialto Capital Advisors

Purchase Details

Closed on
May 5, 2008
Sold by
Us Bk Na Cmlti 2007 & Wfhe2
Bought by
Sibdhannie Eric L

Purchase Details

Closed on
Oct 2, 2007
Sold by
Ennu Stephen
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 28, 2006
Sold by
Brown Philip W
Bought by
Ennu Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Interest Rate
8.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2005
Sold by
Brown Philip W
Bought by
Ellison Wayne

Purchase Details

Closed on
Feb 9, 2004
Sold by
White Clifford
Bought by
Brown Philip W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2003
Sold by
Brooks Gertrude B
Bought by
White Clifford
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
Thinkzik Real Estate Llc -- --
Kamanu Eze $308,000 --
898 Tp Burruss Llc -- --
Choiseul Properties Llc $60,000 --
Res Ga Thirteen Llc $48,700 --
Sibdhannie Eric L $99,000 --
Wells Fargo Bank Na $169,000 --
Ennu Stephen $297,000 --
Ellison Wayne -- --
Brown Philip W $217,000 --
White Clifford $19,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thinkzik Real Estate Llc $246,400
Previous Owner Ennu Stephen $282,150
Previous Owner Brown Philip W $173,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $308,000 +2.7% $189 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $299,900 +399.8% $184 / Sq Ft
04/22/2014 04/22/14 Sold $60,000 -14.2% $37 / Sq Ft
03/29/2014 03/29/14 For Sale $69,900 -- $43 / 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
2025 $5,987 $210,640 $32,640 $178,000
2023 $6,692 $161,640 $33,440 $128,200
2022 $4,047 $100,000 $22,000 $78,000
2021 $4,051 $100,000 $22,000 $78,000
2020 $1,612 $109,760 $22,000 $87,760
2019 $483 $39,360 $10,480 $28,880
2018 $1,480 $35,760 $10,240 $25,520
2017 $435 $10,080 $2,160 $7,920
2016 $436 $10,080 $2,160 $7,920
2015 $438 $10,080 $2,160 $7,920
2014 $457 $10,080 $2,160 $7,920
Source: Public Records

Agents Affiliated with this Home

  • Camille Gonzales

    Seller's Agent in 2021

    Camille Gonzales

    Pro Realty, LLC

    (678) 462-2984

    7 in this area

    98 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Marland Briscoe

    NOT A VALID MEMBER

    Section Image

  • S

    Buyer's Agent in 2021

    Stephanie Omenukor

    Keller Williams Realty Atl Perimeter

    (770) 509-0700

    3 in this area

    22 Total Sales

    Section Image

  • H

    Seller's Agent in 2014

    Heaher Stanton

    NOT A VALID MEMBER

    Section Image
  • Jerilyn Lewis

    Buyer's Agent in 2014

    Jerilyn Lewis

    Area West Realty, LLC.

    (404) 771-7956

    1 in this area

    62 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6938108

First Multiple Listing Service (FMLS)

APN: 14-0109-0001-037-2

Georgia Fulton County Atlanta 30314 University Center

898 T P Burruss Sr Dr SW, Atlanta, GA

This home is located at 898 T P Burruss Sr Dr SW, Atlanta, GA 30314 since 03 September 2021 and is currently estimated at $376,032, approximately $230 per square foot. This property was built in 2005. 898 T P Burruss Sr Dr SW is a home located in Fulton County with nearby schools including M. A. Jones Elementary School, Herman J. Russell West End Academy, and Booker T. Washington High School.

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