A
Seller's Agent in 2022
Allison Haywood
Bolst, Inc.
(678) 628-9204
3 in this area
85 Total Sales
Estimated Value: $233,000 - $317,000
5
Beds
2
Baths
1,820
Sq Ft
$157/Sq Ft
Est. Value
Highlights
- City View
- Property is walking distance to MARTA
- Traditional Architecture
- 1.24 Acre Lot
- Wooded Lot
- White Kitchen Cabinets
About This Home
As of April 2022A high-performance turnkey 10.3% cap income-producing property on the PadSplit Coliving platform generating over $52,000 in rent annually, $35,000 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,518
Year Built
- Built in 1962
Lot Details
- 1.24 Acre Lot
- Cul-De-Sac
- Private Entrance
- Wooded Lot
- Back and Front Yard
Parking
- 1 Car Garage
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,820 Sq Ft Home
- 2-Story Property
- Roommate Plan
- Laminate Flooring
- City Views
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Electric Oven
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- White Kitchen Cabinets
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Location
- Property is walking distance to MARTA
- Property is near schools
- Property is near shops
Schools
- Bazoline E. Usher/Collier Heights Elementary School
- John Lewis Invictus Academy/Harper-Archer Middle School
- Frederick Douglass High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Collier Heights Subdivision
- Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 21 / C
- Assessor Parcel Number 14 020900050211
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$156,299
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$112,667
Purchase Details
Closed on
Dec 6, 2019
Sold by
Bx3 Llc
Bought by
Cz4 Llc
Purchase Details
Closed on
Aug 27, 2019
Sold by
Fair Offer Cash Close Llc
Bought by
Bx3 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,784
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 19, 2007
Sold by
Already Done Renovations Llc
Bought by
Collins Cherie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,352
Interest Rate
6.07%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 13, 2006
Sold by
Deutsche Bk Natl Trust Co
Bought by
Already Done Renovations Llc
Purchase Details
Closed on
Jul 5, 2005
Sold by
Hill Esther W
Bought by
Ameriquest Mtg Securities Inc
Purchase Details
Closed on
Dec 7, 1999
Sold by
Nno
Bought by
Hill Esther W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
10.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 1999
Sold by
Clark Betty J
Bought by
Associates Home Equity Svcs Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reawaken Capital Llc | $225,000 | -- | |
| Cz4 Llc | -- | -- | |
| Bx3 Llc | $122,500 | -- | |
| Fair Offer Cash Close Llc | $114,000 | -- | |
| Collins Cherie | $149,600 | -- | |
| Already Done Renovations Llc | $90,000 | -- | |
| Ameriquest Mtg Securities Inc | $150,783 | -- | |
| Hill Esther W | $118,000 | -- | |
| Associates Home Equity Svcs Inc | $72,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reawaken Capital Llc | $157,500 | |
| Previous Owner | Fair Offer Cash Close Llc | $147,784 | |
| Previous Owner | Collins Cherie | $129,790 | |
| Previous Owner | Collins Cherie | $148,352 | |
| Previous Owner | Hill Esther W | $140,250 | |
| Previous Owner | Hill Esther | $126,800 | |
| Previous Owner | Hill Esther W | $106,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2022 04/25/22 | Sold | $360,000 | +4.3% | $198 / Sq Ft |
| 04/22/2022 04/22/22 | For Sale | $345,000 | -- | $190 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 | $3,565 | $111,680 | $32,480 | $79,200 |
| 2023 | $3,565 | $113,320 | $44,560 | $68,760 |
| 2022 | $1,983 | $49,000 | $22,240 | $26,760 |
| 2021 | $1,518 | $49,000 | $22,240 | $26,760 |
| 2020 | $1,883 | $63,880 | $22,240 | $41,640 |
| 2019 | $520 | $45,960 | $17,200 | $28,760 |
| 2018 | $1,293 | $31,240 | $16,720 | $14,520 |
| 2017 | $584 | $13,520 | $7,040 | $6,480 |
| 2016 | $585 | $13,520 | $7,040 | $6,480 |
| 2015 | $1,196 | $13,520 | $7,040 | $6,480 |
| 2014 | $613 | $13,520 | $7,040 | $6,480 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Michael O'Connor
Cornerstone Real Estate Partners, LLC
(704) 998-8719
2 in this area
25 Total Sales
Source: First Multiple Listing Service (FMLS)
MLS Number: 7035178
APN: 14-0209-0005-021-1
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