$125,000
$125,000
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3 Beds
2 Baths
1,253 SqFt
SOLD DATE : 08/03/2021
Key Details
Sold Price $125,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,253 sqft
Price per Sqft $99
Subdivision Ridge Valley
MLS Listing ID 6909493
Sold Date 08/03/21
Style Ranch
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1982
Annual Tax Amount $1,166
Tax Year 2020
Lot Size 0.354 Acres
Acres 0.3544
Property Description
Home has been rented under value due to tenant being so quiet. Tenant is paying $757 per month or $9084 per year when Section 8 states rental should be $1500 per month. Taxes are $1166 and insurance is approx. $400 per year. Current tenant expires Dec. 2021. Section 8 says rental rate would be $1500 per month approximately which would send cap rate up to 11+%. Cannot show until After Under Contract as lease in place until All contract addendums in ReMine FMLS must be listed in contract and a part of said offer. Cannot show until After Under Contract as leas
Location
State GA
County Clayton
Area 161 - Clayton County
Lake Name None
Rooms
Bedroom Description Master on Main
Other Rooms None
Basement None
Main Level Bedrooms 3
Dining Room Dining L
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Carpet
Fireplaces Type None
Window Features None
Appliance Electric Oven, Electric Range
Laundry Laundry Room, Main Level
Exterior
Exterior Feature Private Rear Entry
Garage Garage, Garage Door Opener, Garage Faces Front
Garage Spaces 1.0
Fence Back Yard
Pool None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Composition
Street Surface Asphalt
Accessibility Accessible Bedroom
Handicap Access Accessible Bedroom
Porch Patio
Total Parking Spaces 1
Building
Lot Description Back Yard
Story One
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Cedar
New Construction No
Construction Status Resale
Schools
Elementary Schools Riverdale
Middle Schools Sequoyah - Clayton
High Schools Riverdale
Others
Senior Community no
Restrictions false
Tax ID 13139B A038
Special Listing Condition None
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