NOT LISTED FOR SALE

987 Sims Ave NW Unit A Atlanta, GA 30318

Grove Park Neighborhood

Estimated Value: $451,931 - $636,000

6 Beds
4 Baths
2,864 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $437,000 $153 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,273/month

31 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of January 2023

Excellent Opportunity for Grove Park Investment Duplex, 4 Bedrooms / 3 Bathrooms on each Side, Solid Long Term Tenants , Current Leases, Well Kept this Owner Keeps Properties in Great Condition, Wide Driveway will accommodate 4 vehicles / front to back, Grove Park Atlanta , Do NOT Disturb Tenants, Will Arrange Viewing During Due Diligence Period **

Last Agent to Sell the Property

Margie Medlin

RE/MAX Pure License #151888 Listed on: 11/02/2022

RE/MAX Pure

Co-Listed By

Wendy Bunch

RE/MAX Pure License #178121

Last Buyer's Agent

Janet Abbazia

BHHS Georgia Properties License #403196

BHHS Georgia Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot

Home Design

  • Duplex
  • Block Foundation
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Off-Street Parking

Schools

  • Woodson Elementary School
  • Sutton Middle School
  • Douglass High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Grove Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,839

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 17
  • Year Built: 2005
  • Co List Office: RPUR01
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .33
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Concrete
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Parking Pad
  • ParkingTotal: 4

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodson
  • High School: Douglass
  • High School Bus: Yes
  • Middle School: Sutton
  • Middle School Bus: Yes
  • Elementary School: Woodson
  • Middle School: Sutton
  • High School: Douglass

Lot Info

  • Land Lot: 226
  • Lot: 12
  • Deed Book: 55341
  • Deed Page: 73

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4839

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 4, 2023
Sold by
Holdentower Investments Llc
Bought by
Tran Minh Binh and Pham T Tran Trust
Seller's Agent
Margie Medlin
RE/MAX Pure
Buyer's Agent
Janet Abbazia
BHHS Georgia Properties
List Price
$469,900
Sold Price
$437,000
Premium/Discount to List
-$32,900
-7%
Views
30
Current Estimated Value
$519,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,733
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Jul 28, 2015
Sold by
Holden Anthony
Bought by
Holdentower Investments Llc

Purchase Details

Closed on
Jul 29, 2014
Sold by
Parada Gladys A
Bought by
Holden Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2007
Sold by
Aurora Loan Services Llc
Bought by
Parada Gladys A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,850
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2007
Sold by
Cox Anthony P
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 18, 2006
Sold by
Edmondson Ingrid
Bought by
Cox Anthony P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
9.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Sax Investments Llc
Bought by
Faniel Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2004
Sold by
Spring Grove Partners Llc
Bought by
Sax Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
5.91%
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
Tran Minh Binh $437,000 --
Holdentower Investments Llc -- --
Holden Anthony $105,000 --
Parada Gladys A $146,500 --
Aurora Loan Services Llc $195,000 --
Cox Anthony P $278,000 --
Faniel Corey $365,000 --
Sax Investments Llc $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holden Anthony $75,000
Previous Owner Parada Gladys A $131,850
Previous Owner Cox Anthony P $278,000
Previous Owner Faniel Corey $292,000
Previous Owner Sax Investments Llc $331,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $437,000 -7.0% $153 / Sq Ft
12/15/2022 12/15/22 For Sale $469,900 0.0% $164 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $469,900 0.0% $164 / Sq Ft
05/29/2013 05/29/13 Rented $775 +6.9% --
04/29/2013 04/29/13 Under Contract -- -- --
12/06/2012 12/06/12 For Rent $725 -- --
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 $5,551 $182,480 $37,080 $145,400
2023 $4,877 $117,800 $53,320 $64,480
2022 $4,767 $117,800 $53,320 $64,480
2021 $4,839 $119,440 $56,840 $62,600
2020 $2,048 $103,800 $28,480 $75,320
2019 $936 $50,000 $18,080 $31,920
2018 $1,070 $25,840 $4,600 $21,240
2017 $985 $22,800 $4,200 $18,600
2016 $987 $22,800 $4,200 $18,600
2015 $1,900 $22,800 $4,200 $18,600
2014 $722 $15,920 $4,040 $11,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10106622

Georgia MLS

APN: 17-0226-0007-073-2