Another Real Estate Maven Exclusive - Unique Cash Cow = 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 stay. 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.
Single-familyProperty Type
1960Year Built
0.29 acresLot Size
$96Est. Price/Sq.Ft.
4 spacesParking
Listed by JACKYE MUMPHREY• Keller Williams Realty Cityside
Bought with Jerrick Moton• Keller Williams Realty Intown ATL
Source:FMLS #6814010
Redfin Estimate
$217,164
$38K since sold in December 2020$10K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.7% lower than the average sale price ($228K) of 6 comparable homes.
Unique Cash Cow = 7 bedroom Rooming Flat Rental Home for Investors bringing over $4,250 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.
GAMLS #8872556
Dec 1, 2020
Listing Removed
—
Oct 12, 2020
Listed
$180,000
$80/sq ft
Public Records
Sep 18, 2019
Sold
$120,000
$53/sq ft
GAMLS #8414568
Jan 22, 2019
Listing Removed
—
Oct 12, 2018
Listing Removed
—
Apr 11, 2018
Listed
$129,000
$57/sq ft
GAMLS #7050777
Sep 12, 2014
Price Changed
$25,000
$11/sq ft
Mar 25, 2013
Sold
$25,000
$11/sq ft
Mar 11, 2013
Pending
—
Mar 11, 2013
Price Changed
$35,500
$16/sq ft
Feb 11, 2013
Listed
$35,500
$16/sq ft
GAMLS #7190874
Dec 26, 2013
Listing Removed
—
Dec 2, 2013
Listed
$20,000
$9/sq ft
GAMLS #3254965
Jan 16, 2013
Listing Removed
—
Sep 17, 2012
Price Changed
$39,500
$17/sq ft
Aug 10, 2012
Price Changed
$44,900
$20/sq ft
Jul 6, 2012
Listed
$48,900
$22/sq ft
FMLS #3353629
Oct 23, 2007
Sold
$75,000
$33/sq ft
Oct 4, 2006
Listed
$82,000
$36/sq ft
Public Records
Oct 21, 2005
Sold
$170,000
$75/sq ft
Public Records
Feb 28, 1997
Sold
$40,800
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,433 (−11.7%)
$21,280 + $87,080
$108,360
2024
$5,019
$23,280 + $99,320
$122,600
2023
$5,020 (+28.5%)
$23,280 + $99,320
$122,600
2022
$3,908 (+17.5%)
$27,960 + $68,600
$96,560
2021
$3,327 (+21.6%)
$20,360 + $61,760
$82,120
2020
$2,735 (+26.5%)
$19,640 + $47,120
$66,760
2019
$2,161 (+1,617.2%)
$7,680 + $44,920
$52,600
2018
$126 (−4.1%)
$7,680 + $44,920
$52,600
2017
$131 (−0.3%)
$4,400 + $19,800
$24,200
2016
$132 (+0.5%)
$440 + $2,600
$3,040
2015
$131 (−4.4%)
$440 + $2,600
$3,040
2014
$137 (−43.6%)
$440 + $2,600
$3,040
2012
$243 (−87.3%)
$3,080 + $18,360
$21,440
2011
$1,914 (−24.1%)
$3,080 + $18,360
$21,440
2010
$2,523
$6,480 + $50,640
$57,120
2009
$2,523
$6,480 + $50,640
$57,120
2008
$2,523
$6,480 + $50,640
$57,120
Tax history for 62 Howell Dr
Year
Property tax
Land + Additions
Assessment*
2025
$4,433 (−11.7%)
$21,280 + $87,080
$108,360
2024
$5,019
$23,280 + $99,320
$122,600
2023
$5,020 (+28.5%)
$23,280 + $99,320
$122,600
2022
$3,908 (+17.5%)
$27,960 + $68,600
$96,560
2021
$3,327 (+21.6%)
$20,360 + $61,760
$82,120
2020
$2,735 (+26.5%)
$19,640 + $47,120
$66,760
2019
$2,161 (+1,617.2%)
$7,680 + $44,920
$52,600
2018
$126 (−4.1%)
$7,680 + $44,920
$52,600
2017
$131 (−0.3%)
$4,400 + $19,800
$24,200
2016
$132 (+0.5%)
$440 + $2,600
$3,040
2015
$131 (−4.4%)
$440 + $2,600
$3,040
2014
$137 (−43.6%)
$440 + $2,600
$3,040
2012
$243 (−87.3%)
$3,080 + $18,360
$21,440
2011
$1,914 (−24.1%)
$3,080 + $18,360
$21,440
2010
$2,523
$6,480 + $50,640
$57,120
2009
$2,523
$6,480 + $50,640
$57,120
2008
$2,523
$6,480 + $50,640
$57,120
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
7
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
12,501
Year renovated
2005
Sq. Ft.
2,260
Year built
1960
Style
Single Family Residential
County
Fulton County
APN
14 024300030625
Parking Spaces
4
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
Green
Last updated by owner on Sep 29, 2022.
R-4
Single-Family Residential District
The intent of this chapter in establishing the R-4 Single-Family Residential District is as follows: To provide for the protection of existing single-family communities and the development of new communities on lots of medium size at a density of not more than 1 dwelling unit per 9,000 sq ft.; To provide for the development of recreational, educational and religious facilities as basic elements of a balanced community.
Permitted uses
Include but are not limited to:
Housing-Single unit
Educational / school
Property details
Parking
Parking Information
Parking Features: Drive Under Main Level
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
# of Main Level Bathrooms: 2
Master Bathroom Features: None
Bedroom Information
# of Main Level Bedrooms: 7
Bedroom Features: Master on Main
Interior Features
Interior Features: Other
Common Walls: No Common Walls
Appliances: Electric Oven, Electric Range, Refrigerator
Flooring: Other
Room Information
LaundryFeatures: Common Area, Other
Kitchen Features: Breakfast Bar,View to Family Room
Dining Room Features: Separate Dining Room
Room Type: Den, Family Room
Basement: Daylight
Exterior
Property Information
Levels: One
Construction Materials: Wood Siding
Roof: Composition
Patio And Porch Features: Deck
Property Condition: Resale
Financial
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Cooling: Central Air, Window Unit(s)
Heating: Central, Electric
Water Source: Public
Electric: 110 Volts
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Sewer Available
Location
School Information
Elementary School: Bazoline E. Usher/Collier Heights
Middle Or Junior School: John Lewis Invictus Academy/Harper-Archer
High School: Frederick Douglass
Location Information
Directions: I-285 to MLK to Howell - Home is on the left - No sign
Road Surface Type: Paved
Road Frontage Type: Other
Fulton
Public facts
Beds: 7
Baths: 2.0
Sq. Ft.: 2,260
Stories: 1.0
Parking Spaces: 4
Basement: Yes
Accessible: No
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 2005
County: Fulton County
APN: 14 024300030625
HOA Dues: —
Garage: No
Features: Green
Home facts updated by owner on Sep 29, 2022
Around this home
Schools
Miles Elementary School
Public PreK-5 • Assigned • 1.3mi
3/10
Young Middle School
Public 6-8 • Assigned • 1.8mi
3/10
Mays High School
Public 9-12 • Assigned • 1.6mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 16 days in 30 years
4/10 Wind Factor
23% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Atlanta, GA • 30331
Average low and high temperatures (°F)
51
33
62
40
72
48
79
56
80
62
87
69
91
74
84
69
85
66
76
55
67
47
57
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.4 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$207,000 – $250,000
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