See Home Value
$213,824*
House - Off Market

62 Howell Drive

Atlanta, GA 30331
bedrooms
7 Beds
bathrooms
2 Baths
square feet
1548 Sqft
$162,000 - $196,000
Reference Base Price*
18.86%
Since Nov 1, 2021
GA-Atlanta
Primary Model
Sold Dec 31, 2020
$179,000
$143,200 by Assurance Financial Group
Mortgage Due Jan 01, 2051
Sold Aug 30, 2019
$120,000
$134,550 by Dac Retail
Mortgage Due Jan 01, 2020

About This Property

Unique Cash Cow = 7 bedroom Rooming Flat Rental Home for Investors bringing over $4,850 per month. Expandable basement is ready to finish for additional rents or storage. Property manager can stay on for 15% or hire your own. Pictures are of the true condition. Showings during due diligence only so as not to disturb the tenants. Not Suitable for VA or FHA so no government loan financing as this is a rental home and tenants will stay with the property.  Cash or Hardmoney or conv investor loans with 20% down. All appliances, common area furniture stays with the property. Serious inquiries only. Will only be shown during due diligence/appraisal if applicable. Proof of cash funds or lender bank letter must be with offer.  Earnest money due 2 business days from binding, no acception and must equal or be greater than 1% of the sales price. Closing with Ganek PC, Chalker & Chalker or Perrie and Associates. Sold AS-IS. Great for hands-off investors looking for a high return investment. Approx. 14% CAP Rate.

The manager has listed the unit size as 1548 square feet.
Unit Size
1,548Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$116
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1949

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Dec 31, 2020 Sold to Tahmid Chowdhury $179,000
Sold to Tahmid Chowdhury
Dec 23, 2020 In contract -
In contract
Dec 7, 2020 Listed $179,900
Listed
Dec 2, 2020 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2005
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Duplex
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 720
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,548
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOWELL ESTATES
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADAMSVILLE CB 21 SOLD FOR ,179,000 ON 12312020

Ownership

  • Current Owner : CHOWDHURY TAHMID
  • Previous Owner : EVERLASTING VENTURES INTERNATIONAL LLC
  • Owner Before Previous Owner: SALEHA REAL ESTATE LLC

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 007808

Zoning

  • Zoning: R4

Geography

  • District: 05
  • Parcel: 14 024300030625
  • Block: B
  • Lot: 8,9
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7566
  • Longitude: -84.5032

    Address

  • Full Address: 62 Howell Dr Sw
  • Address - House Number: 62
  • Street Segment Direction: SW
  • Address - Street Name: Howell
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C012
  • 4-Digit Zip Code: 4021
  • Zip Code: 30331

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,076
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 299,435
  • High Value: 371,819
  • Low Value: 227,050

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $222,388
  • First Open Lien Mortgage Lender: ASSURANCE FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $143,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051
  • Second Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Second Open Lien Mortgage Recording Date: Jan 30, 2024
  • Second Open Lien Mortgage Loan Amount: $79,188
  • Second Open Lien Mortgage Term: 348
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $306,500
  • Market Land Value: $58,200
  • Market Improvement Value: $248,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,600
  • Assessed Land Value: $23,280
  • Assessed Improvements Value: $99,320

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Transaction ID: 11816181163
  • Current Sale Price: $179,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-003972
  • Previous Sale Recording Date: Aug 30, 2019
  • Previous Sale Contract Date: Aug 30, 2019
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURANCE FINANCIAL GROUP
  • First Mortgage Transaction Date: Dec 31, 2020
  • First Mortgage Loan Amount: $143,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DAC RETAIL
  • Previous Mortgage Transaction Date: Aug 30, 2019
  • Previous Mortgage Loan Amount: $134,550
  • Previous Mortgage Term: 3
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2020



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
949 ft²
$156/ft²
$147,900 Mar 3, 2023
-
-

About Southwest Atlanta


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Frequently Asked Questions

When was property at 62 Howell Drive Southwest built and last sold?
The property at 62 Howell Drive Southwest was built in 1949 and last sold on Dec 31, 2020 for $179,000.
How much is this home worth?
The estimated value of the home located at 62 Howell Drive Southwest is $181,771.
What are some comparable homes to 62 Howell Drive Southwest?
There are currently no comparable homes to 62 Howell Drive Southwest.

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