NOT LISTED FOR SALE

Atlanta, GA 30316

Gresham Park Neighborhood

Estimated Value: $287,367 - $355,000

6 Beds
2 Baths
2,054 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $300,000 $146 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,245/month

3 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Ceramic Tile Flooring
  • Property is walking distance to MARTA
  • Eat-In Kitchen
  • Four Sided Brick Exterior Elevation

About This Home

As of April 2022

A high-performance turnkey 14.5% cap income-producing property on the PadSplit Coliving platform generating over $61,000 in rent annually, $41,000 after expenses. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. Living room and dining room currently repurposed as bedrooms. This amazing coliving opportunity helps people to save money, live closer to work, and enjoy a comfortable, affordable lifestyle. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. 

The rear of this property is on a FEMA flood plain.

Last Agent to Sell the Property

Allison Haywood

Bolst, Inc. License #396541 Listed on: 04/22/2022

Bolst, Inc.

Last Buyer's Agent

Michael O'Connor

NOT A VALID MEMBER License #371147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1967

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 235 x 90
  • Private Entrance
  • Landscaped
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Split Level Home
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,054 Sq Ft Home
  • Roommate Plan
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Wood Stained Kitchen Cabinets

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters

Location

  • In Flood Plain
  • Property is walking distance to MARTA
  • Property is near schools and shops

Schools

  • Barack H. Obama Elementary School
  • Mcnair - Dekalb Middle School
  • Mcnair High School

Utilities

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

Community Details

  • Gresham Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / A
  • Assessor Parcel Number 15 085 01 052

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,466

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1967
  • Levels Stories: Multi/Split
  • Above Grade Finished Sq Ft: 2054.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Appliances: Electric Oven, Electric Range, Microwave, Range Hood, Refrigerator
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 2054.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Brick 4 Sides, Brick Front
  • Roof Type: Composition, Shingle
  • Exterior Features: Private Front Entry, Rain Gutters
  • View: City
  • Foundation: Slab

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping
  • Subdivision Complex: Gresham Park

Lot Info

  • Acres: 0.5000
  • Lot: 6
  • Plat Book: 44
  • Plat Page: 49
  • Lot Features: Back Yard, Flood Plain, Front Yard, Landscaped, Level
  • Lot Dimensions: 235 x 90
  • Parcel Number: 15 085 01 052
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2466.00
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Barack H. Obama
  • High School: McNair
  • Middle School: McNair - Dekalb

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Sk Schilling Properties Llc
Bought by
Reawaken Capital Llc
Current Estimated Value
$330,342

Purchase Details

Listed on
Apr 22, 2022
Closed on
Apr 25, 2022
Sold by
Cz4 Llc
Bought by
Sk Schilling Properties Llc
Seller's Agent
Allison Haywood
Bolst, Inc.
Buyer's Agent
Michael O'Connor
NOT A VALID MEMBER
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$1,545,750
Interest Rate
4.16%
Mortgage Type
Mortgage Modification

Purchase Details

Listed on
Sep 8, 2019
Closed on
Sep 25, 2019
Sold by
Malcom Willie R
Bought by
Cz4 Llc
Seller's Agent
Brooke Watson
Century 21 Results
Buyer's Agent
Gina Backhaus
Keller Williams Realty Metro Atlanta
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.55%

Purchase Details

Closed on
Apr 1, 2019
Sold by
Hillery Andrew Estate
Bought by
Malcom Willie R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reawaken Capital Llc $210,000 --
Sk Schilling Properties Llc -- --
Cz4 Llc $145,000 --
Malcom Willie R $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sk Schilling Properties Llc $1,545,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $300,000 +5.3% $146 / Sq Ft
04/22/2022 04/22/22 For Sale $285,000 +96.6% $139 / Sq Ft
09/25/2019 09/25/19 Sold $145,000 -12.1% $71 / Sq Ft View Prior Sale
09/19/2019 09/19/19 Pending -- -- --
09/08/2019 09/08/19 For Sale $165,000 -- $80 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $6,342 $134,680 $22,880 $111,800
2024 $6,299 $133,680 $22,880 $110,800
2023 $6,299 $98,920 $20,000 $78,920
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Allison Haywood

    Bolst, Inc.

    (678) 628-9204

    2 in this area

    87 Total Sales

    Allison Haywood
    Section Image

  • M

    Buyer's Agent in 2022

    Michael O'Connor

    NOT A VALID MEMBER

    Section Image

  • B

    Seller's Agent in 2019

    Brooke Watson

    Century 21 Results

    (678) 939-7405

    180 Total Sales

    Brooke Watson
    Section Image

  • G

    Buyer's Agent in 2019

    Gina Backhaus

    Keller Williams Realty Metro Atlanta

    Section Image
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Source: First Multiple Listing Service (FMLS)

MLS Number: 7035191

First Multiple Listing Service (FMLS)

APN: 15-085-01-052

Georgia DeKalb County Atlanta 30316

Gresham Park

Not Listed for Sale

Detached

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