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  • $290,000

    2520 Rex Rd, Ellenwood, GA 30294

    9beds
    1,201sqft
    Single Family Residence
    Built in 1974
    0.26 Acres Lot
    $236,200 Zestimate®
    $241/sqft
    $1,546 Estimated rent

    Home value

    $236,200

    $205,000 - $265,000

    $1,546/mo

    Zestimate® history
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    $1,546/mo

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    $1,721/mo

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    $1,721/mo

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    What's special

    Rare, 12% CAP Occupied PadSplit grossing over $5700+ per month gross income per month, consistently even factoring in vacancy. Close to Clayton State University, and around the corner multiple interestates for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 20%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.

    Zillow last checked: 8 hours ago

    Listing updated: August 30, 2024 at 06:18am

    Listed by:

    Josh Stanton 404-590-7137,

    Keller Williams Realty

    Bought with:

    Michael Dumler, 407293

    Cornerstone Real Estate Partners

    Source: GAMLS,MLS#: 10329357MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Kitchen
    • Features: Solid Surface Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Other
    • Flooring: Hardwood, Laminate
    • Basement: Finished,Partial
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,201
    • Total interior livable area: 1,201 sqft
    • Finished area above ground: 1,201
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: Multi/Split
    • Body of water: None
    Lot
    • Size: 0.26 Acres
    • Features: Level
    Details
    • Parcel number: 12149A D012
    • Special conditions: As Is,Investor Owned,No Disclosure

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Ellenwood
    • Subdivision: Springfield

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/28/2024Sold$290,000+7.8%$241/sqft
    Source: GAMLS #10329357 Report a problem
    7/10/2024Pending sale$269,000$224/sqft
    Source: GAMLS #10329357 Report a problem
    6/29/2024Listed for sale$269,000+49.4%$224/sqft
    Source: FMLS GA #7412962 Report a problem
    10/14/2021Sold$180,000$150/sqft
    Source: Public Record Report a problem
    9/30/2021Pending sale$180,000$150/sqft
    Source: GAMLS #9053872 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,156 +8%$80,000
    2023$2,923 +23.1%$80,000 +34.2%
    2022$2,374 +44.1%$59,600 +45.9%

    Find assessor info on the county website

    Neighborhood: 30294

    Nearby schools

    GreatSchools rating
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    Estimated market value$236,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $236,200