NOT LISTED FOR SALE

Marietta, GA 30008

Estimated Value: $621,617 - $722,000

8 Beds
8 Baths
3,242 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $525,000 $162 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,201/month

Highlights

  • 0.64 Acre Lot
  • Central Air
  • Heat Pump System
  • Marietta High School Rated A-
  • Wood Siding

About This Home

As of January 2022

Easiest investment ever. Everything handled by the leasing office. Leasing agent, maintenance and lawn care. Get your check at the end of the month. Four-unit quadraplex in established Natchez Trace near Marietta Square. Each unit features two bedrooms, two baths, laundry, two living spaces. Long-term tenants in two units. New tenants in two remaining updated units. Unit A has been leased by the same tenant since 2011, Unit B since 2007, Unit C since 3/21, Unit D since 6/21.

Last Agent to Sell the Property

CATHY MEDER

RE/MAX Pure License #115566 Listed on: 11/10/2021

RE/MAX Pure

Co-Listed By

Alexandra O Herring

RE/MAX Pure License #412740

Last Buyer's Agent

CATHY MEDER

RE/MAX Pure License #115566 Listed on: 11/10/2021

RE/MAX Pure

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 1981

Lot Details

  • 0.64

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Wood Siding

Schools

  • Dunleith Elementary School
  • Marietta Middle School
  • Marietta High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities

Additional Features

  • Multi-Level Property
  • 0.64 Acre Lot

Listing and Financial Details

  • The owner pays for water

Community Details

Overview

  • Association fees include ground maintenance, management fee
  • 4 Units
  • Natchez Trace Subdivision

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$978

Year Built

Built in 1981

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Co List Office: RPUR01
  • Financing Type: Conventional
  • Levels: Multi/Split
  • Lot Size Acres: 0.64
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Underground Utilities, Water Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 6000
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Maintenance Grounds, Management Fee

Schools

  • Elementary School: Dunleith
  • High School: Marietta
  • High School Bus: Yes
  • Middle School: Marietta
  • Middle School Bus: Yes
  • Elementary School: Dunleith
  • Middle School: Marietta
  • High School: Marietta

Rental Info

  • Owner Pays: Water

Tax Info

  • Year: 2021
  • Tax Annual Amount: 978.47

Multi Family

  • GrossIncome: 30000
  • NumberOfUnitsTotal: 4

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 31, 2022
Sold by
Platt Richard E
Bought by
Retta Properties Llc
Seller's Agent
CATHY MEDER
RE/MAX Pure
Buyer's Agent
CATHY MEDER
RE/MAX Pure
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$657,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,154
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Jun 1, 2015
Sold by
Platt Richard E
Bought by
Platt Ricahrd E and Platt Carmen L
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
Retta Properties Llc $525,000 Stewart Melvin & Frost Llp
Platt Ricahrd E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $525,000 -8.7% $162 / Sq Ft
11/10/2021 11/10/21 For Sale $575,000 -- $177 / Sq Ft
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
2024 $1,777 $210,000 $45,560 $164,440
2023 $1,777 $210,000 $45,560 $164,440
2022 $964 $113,908 $24,000 $89,908
2021 $978 $113,908 $24,000 $89,908
2020 $978 $113,908 $24,000 $89,908
2019 $978 $113,908 $24,000 $89,908
2018 $978 $113,908 $24,000 $89,908
2017 $627 $91,024 $16,000 $75,024
2016 $627 $91,024 $16,000 $75,024
2015 $496 $66,128 $6,000 $60,128
2014 -- $66,128 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • CATHY MEDER

    Seller's Agent in 2022

    CATHY MEDER

    RE/MAX

    (770) 424-1749

    3 in this area

    77 Total Sales

    CATHY MEDER
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Alexandra O Herring

    RE/MAX

    (770) 815-5866

    4 in this area

    59 Total Sales

    Alexandra O Herring
    Section Image
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Source: Georgia MLS

MLS Number: 10008257

Georgia MLS

APN: 17-0067-0-018-0

Georgia Cobb County Marietta

30008

This home since 10 November 2021 and is currently estimated at $657,154, approximately $202 per square foot. This property was built in 1981. This home is a home located in Cobb County with nearby schools including Dunleith Elementary School, Marietta Sixth Grade Academy, and Marietta Middle School.

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