flamingo drive comparative market analysis · 3 homes on a well maintained desirable quiet street....

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Flamingo Drive Comparative Market Analysis PREPARED BY: 3399 Peachtree Rd NE, Suite 400 Atlanta, GA 30326 The Park House Group LLC Tremayne Thomas Managing Broker (404) 601-2838 (phone) [email protected]

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Page 1: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

Flamingo Drive Comparative Market

AnalysisPREPARED BY:

3399 Peachtree Rd NE, Suite 400Atlanta, GA 30326

The Park House Group LLC

Tremayne ThomasManaging Broker

(404) 601-2838 (phone)[email protected]

Page 2: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

Map Of Comparable Listings

STATUS: X = EXPIRED S = CLOSED A = ACTIVE

MLS # STATUS ADDRESS BEDS BATHS PRICE

1 Subject Flamingo Drive Southwest, Atlanta, Georgia 30311 - - $479,120

2 6085794 X 580 Peyton Road - 0.00 $43,000

3 6529629 X 977 Fleetwood Circle SW - 0.00 $64,950

4 5316203 S 1360 Audubon Court SW - 0.00 $50,000

5 6589451 S 0 Poole Road SW - 0.00 $17,000

6 6540857 S 1200 Oriole - 0.00 $55,700

7 6076610 S 1205 Oriole Drive - 0.00 $52,000

8 6611462 A 930 Flamingo Drive - 0.00 $75,000

9 6583330 A 971 Fleetwood Circle SW - 0.00 $62,500

Comparative Market Analysis Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

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Page 3: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

Summary of Comparable PropertiesX

ADDRESS SOLD DATE BEDS BATHS YRBLT LOT SIZE PRICE

580 Peyton Road - - 0.00 - 1.37 $43,000

977 Fleetwood Circle SW - - 0.00 - 0.289 $64,950

S

ADDRESS SOLD DATE BEDS BATHS YRBLT LOT SIZE PRICE

1360 Audubon Court SW 1/16/15 - 0.00 - 0.931 $50,000

0 Poole Road SW 8/19/19 - 0.00 - 0.4763 $17,000

1200 Oriole 6/13/19 - 0.00 - 0.533 $55,700

1205 Oriole Drive 4/29/19 - 0.00 - 0.5538 $52,000

A

ADDRESS SOLD DATE BEDS BATHS YRBLT LOT SIZE PRICE

930 Flamingo Drive - - 0.00 - 1.082 $75,000

971 Fleetwood Circle SW - - 0.00 - 0.9542 $62,500

Averages STATUS LOT SIZE PRICE

X Expired Listings 0.83 $53,975

S Sold Listings 0.624 $43,675

A Active Listings 1.018 $68,750

Expired Listings

Sold Listings

Active Listings

Comparative Market Analysis Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

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($65,030 per acre)

($69,991 per acre)

($67,534 per acre)

Page 4: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

MLS #6085794

580 Peyton RoadAtlanta, GA 30311

$43,000EXPIRED 10/12/18

Days on market: 182

FeaturesCommunity Features: NoneCurrent Use: OtherFencing: NoneLot Features: OtherLot Size Source: Assessor

Other Equipment: NoneRoad Surface Type: PavedSecurity Features: NoneTax Block: 0Tax Lot: 0

Tax Parcel Letter:14-0213-0005-009-0Tax Year: 2016Utilities: Sewer Available,Water Available

Vegetation: WoodedWater Body Name: NoneZoning: R3

DetailsProp Type: Single FamilyResidenceCounty: FultonArea: 31 - Fulton SouthSubdivision: None

Lot Dim: 0Lot Size: 1.37List date: 10/12/18Off-market date: 4/12/19

Updated: Jul 29, 2019 7:00PMList Price: $43,000Orig list price: $50,000Taxes: $327

High: MaysMiddle: YoungElementary: Peyton Forest

Remarks

Here is your chance to build your dream home amongst the beautifully maintained homes along Peyton Road. Veryclose to schools, churches, shopping & restaurants. Easy access to I-20 and I-285. Close proximity to downtown,airport and Lionel Hampton Park/Greenway. Nearby MARTA station only approximately 1.5 miles. Deep lot andwooded. Adjacent lot for sale @ $43k; combined acreage approximately 2.75.

Comparative Market Analysis

Comparable ParcelFlamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

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Page 6: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

MLS #6529629

977 FleetwoodCircle SWAtlanta, GA 30311

$64,950EXPIRED 4/4/19

Days on market: 89

FeaturesAssociation Yn: falseCommunity Features: NearBeltline, Near Marta, NearSchools, Near Trails/Greenway, Park, StreetLightsCurrent Use: VacantFencing: NoneHabitable Residence Yn:false

Lot Features: Curbs &Gutters, Sloped, StreetLightsLot Size Source: AssessorOther Equipment: NoneOther Structures: NonePossible Use: ResidentialRoad Frontage Type: StateRoadRoad Surface Type:

ConcreteSecurity Features: NoneTax Block: 0Tax Lot: 0Tax Parcel Letter:14-0182-0002-039-7Tax Year: 2017Utilities: OtherVegetation: Partially

WoodedView: OtherWater Body Name: NoneWaterfront Features: CreekZoning: R3Zoning Description:Undeveloped/ZonedResidential

DetailsProp Type: Single FamilyResidenceCounty: FultonArea: 31 - Fulton SouthSubdivision: Beecher Hills

Lot Dim: 12591Lot Size: 0.289List date: 4/4/19Off-market date: 7/2/19

Updated: Jul 2, 2019 8:10 PMList Price: $64,950Orig list price: $69,950Taxes: $190

High: MaysMiddle: YoungElementary: Beecher Hills

Remarks

Excellent opportunity to build a basement lot in hot SW neighborhood of Beecher Hills. Conveniently located by SWConnector Trail that leads to the Beltline! Property abuts the Atlanta Greenway, a permanently protected NaturalHabitat. Seller has sketches to show the lot potential with minimal lot clearing needed. Fantastic investment to build3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + WhiteDistrict, & Marta. Easy access downtown. Build your dream home or investors get in to build 3 custom homes!

Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

7

Comparative Market Analysis

Comparable Parcel

Page 7: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

977 Fleetwood Circle SW Atlanta, GA 30311 MLS #6529629

$64,950 Days on market: 89EXPIRED 4/4/19

Comparative Market Analysis Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

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Page 8: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

MLS #5316203

1360 AudubonCourt SWAtlanta, GA 30311

$50,000CLOSED 1/16/15

Days on market: 109

FeaturesCommunity Features:OtherCurrent Use: OtherFencing: NoneLot Features: Other

Other Equipment: NonePatio And Porch Features:NoneRoad Surface Type: PavedSecurity Features: None

Tax Block: 0Tax Lot: 0Tax Parcel Letter:14-0201-0007-034Tax Year: 2012

Utilities: OtherVegetation: OtherWater Body Name: NoneZoning: other

DetailsProp Type: OtherCounty: FultonArea: 31 - Fulton SouthSubdivision: AudubonEstates

Lot Dim: 0Lot Size: 0.931List date: 7/10/14Sold date: 1/16/15

Off-market date: 1/16/15Updated: Jun 26, 2019 12:30PMList Price: $50,000Orig list price: $50,000

Taxes: $1,629High: MaysMiddle: YoungElementary: Beecher Hills

Remarks

Must use banks addendum and closing attorney

Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

9

Comparative Market Analysis

Comparable Parcel

Page 10: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

MLS #6589451

0 Poole Road SWAtlanta, GA 30311

$17,000CLOSED 8/19/19

Days on market: 10

FeaturesAssociation Yn: falseCurrent Use: VacantFencing: NoneHabitable Residence Yn:falseLot Features: SlopedLot Size Source: Other

Other Equipment: NoneOther Structures: NonePossible Use: ResidentialRoad Frontage Type: OtherRoad Surface Type: PavedSecurity Features: None

Tax Block: 0Tax Lot: 0Tax Parcel Letter:14-0201-0006-007-7Tax Year: 2017Utilities: NoneVegetation: Brush

View: OtherWater Body Name: NoneZoning: R3Zoning Description:Developed/ZonedResidential

DetailsProp Type: OtherCounty: FultonArea: 31 - Fulton SouthSubdivision: CascadeHeights

Lot Dim: xLot Size: 0.4763List date: 7/22/19Sold date: 8/19/19

Off-market date: 8/1/19Updated: Aug 22, 2019 9:10AMList Price: $20,000Orig list price: $20,000

Taxes: $190High: MaysMiddle: YoungElementary: Cascade

Remarks

Large lot ( just under a half acre) in beautiful Cascade Heights neighborhood. Survey upon request.

Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

11

Comparative Market Analysis

Comparable Parcel

Page 11: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

MLS #6540857

1200 OrioleAtlanta, GA 30311

$55,700CLOSED 6/13/19

Beds 0.00 Baths Days on market: 33

FeaturesAssociation Yn: falseCommunity Features: NoneCurrent Use: Multi-FamilyFencing: NoneHabitable Residence Yn:falseLot Features: Cul-De-Sac,LevelLot Size Source: PublicRecords

Other Equipment: NoneOther Structures: NonePossible Use: CommercialProperty Condition: ResaleRoad Frontage Type:Private RoadRoad Surface Type: PavedSecurity Features: NoneTax Block: 0

Tax Lot: 0Tax Parcel Letter:14-0215-0004-054-5Tax Year: 2017Utilities: Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Underground Utilities,Water Available

Vegetation: Brush, Grassed,WoodedView: OtherWater Body Name: NoneWaterfront Features: NoneZoning: 0Zoning Description:Developed/ZonedResidential

DetailsProp Type: OtherCounty: FultonArea: 31 - Fulton SouthSubdivision: Knob HillSudivision

Lot Dim: 0Lot Size: 0.533List date: 4/23/19Sold date: 6/13/19

Off-market date: 5/26/19Updated: Jul 1, 2019 9:45 AMList Price: $59,500Orig list price: $59,500

Taxes: $618High: MaysMiddle: BrownElementary: Beecher Hills

Remarks

Great home site in a great neighborhood, come build your dream home, level home site, close to major shoppinghighways and much more, zoned residential, on a cul de sac street

Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

12

Comparative Market Analysis

Comparable Parcel

Page 13: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

MLS #6076610

1205 Oriole DriveAtlanta, GA 30311

$52,000CLOSED 4/29/19

Beds 0.00 Baths Days on market: 206

FeaturesCommunity Features: NoneCurrent Use: OtherFencing: NoneHabitable Residence Yn:falseLot Features: Cul-De-Sac,Level

Lot Size Source: PublicRecordsOther Equipment: NoneRoad Surface Type: PavedSecurity Features: NoneTax Block: 0Tax Lot: 2

Tax Parcel Letter:14-0215-0004-046-1Tax Year: 2016Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available, SewerAvailable, Water Available

Vegetation: GrassedWater Body Name: NoneZoning: R3

DetailsProp Type: Single FamilyResidenceCounty: FultonArea: 33 - Fulton SouthSubdivision: Knob Hill

Lot Dim: 0Lot Size: 0.5538List date: 9/24/18Sold date: 4/29/19

Off-market date: 4/18/19Updated: Jul 10, 2019 12:15AMList Price: $60,000Orig list price: $68,000

Taxes: $620High: MaysMiddle: SandtownElementary: Randolph

Remarks

Beautiful level lot located in the super hot South West Atlanta on a kid friendly cul de sac, it in a matureneighborhood, close to 285, I20, THE BELTLINE, major shopping, walking distance to The Point at Cascades, TWOGOLF COURSES, A NATURE RESERVE, HARSTFIELD JACKSON AIRPORT. Build your dream home on this privatehome site, you'll be surrounded by estate style homes. Wont last.

Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

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Comparative Market Analysis

Comparable Parcel

Page 14: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

1205 Oriole Drive Atlanta, GA 30311 MLS #6076610

$52,000 Days on market: 206CLOSED 4/29/19

Comparative Market Analysis Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

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Page 15: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

MLS #6611462

930 FlamingoDriveAtlanta, GA 30311

$75,000ACTIVE 9/3/19

Days on market: 3

FeaturesAssociation Fee Frequency:AnnuallyAssociation Yn: falseCommunity Features: NoneCurrent Use: OtherFencing: NoneHabitable Residence Yn:falseLot Features: Other

Lot Size Source: OtherOther Equipment: NoneOther Structures: NonePossible Use: ResidentialRoad Frontage Type: OtherRoad Surface Type: PavedSecurity Features: NoneTax Block: 0

Tax Lot: 0Tax Parcel Letter:14-0202-0002-012-0Tax Year: 2018Utilities: OtherVegetation: Grassed,Partially WoodedView: OtherWater Body Name: None

Waterfront Features: NoneZoning: R-3Zoning Description:Undeveloped/ZonedResidential

DetailsProp Type: OtherCounty: FultonArea: 31 - Fulton SouthSubdivision: AudubonForest

Lot Dim: 0Lot Size: 1.082List date: 9/3/19Updated: Sep 3, 2019 5:40PM

List Price: $75,000Orig list price: $75,000Taxes: $354High: Mays

Middle: BuncheElementary: Beecher Hills

Remarks

Excellent Opportunity to acquire a Land Lot & Build near the Atlanta Belt-Line Southwest Connector Spur Trail inthe prestigious Audubon Forest community. Lot size is just over an acre at 1.078, a copy of Survey is available.

Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

16

Comparative Market Analysis

Comparable Parcel

Page 17: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

MLS #6583330

971 FleetwoodCircle SWAtlanta, GA 30311

$62,500ACTIVE 7/10/19

Days on market: 58

FeaturesAssociation Yn: falseCommunity Features: NearBeltline, Near Schools, NearTrails/Greenway, Park,Sidewalks, Street LightsCurrent Use: VacantFencing: NoneHabitable Residence Yn:false

Lot Features: Sloped, StreetLightsLot Size Source: PublicRecordsOther Equipment: NoneOther Structures: NonePossible Use: ResidentialRoad Frontage Type: OtherRoad Surface Type: Asphalt

Security Features: NoneTax Block: 0Tax Lot: 0Tax Parcel Letter:14-0182-0002-040-5Tax Year: 2018Utilities: OtherVegetation: Brush, PartiallyWooded

View: OtherWater Body Name: NoneWaterfront Features: NoneZoning: R3Zoning Description:Undeveloped/ZonedResidential

DetailsProp Type: Single FamilyResidenceCounty: FultonArea: 31 - Fulton SouthSubdivision: Beecher Hills

Lot Dim: xLot Size: 0.9542List date: 7/10/19Updated: Aug 30, 2019 10:54AM

List Price: $62,500Orig list price: $57,500Taxes: $313High: Mays

Middle: YoungElementary: Beecher Hills

Remarks

Excellent opportunity to build a basement lot in hot SW n'hood. Atlanta Greenway to back & left of lot, permanentlyprotected Habitat = no neighbors on two sides! Close access to SW Beltline Connector Trail! Need some ideas?Seller has sketches that can be shared to show lot potential. Take SW Connector trail to Westview Commercial, Lee+ White District, & Marta. Easy access downtown. Build your dream home on this lot or investors get in to build 3custom homes on 3 contiguous lots!

Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

18

Comparative Market Analysis

Comparable Parcel

Page 18: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

971 Fleetwood Circle SW Atlanta, GA 30311 MLS #6583330

$62,500 Days on market: 58ACTIVE 7/10/19

Comparative Market Analysis Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

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Page 19: Flamingo Drive Comparative Market Analysis · 3 homes on a well maintained desirable quiet street. Take SW Connector trail to Westview Commercial, Lee + White District, & Marta. Easy

Comparable Property Statistics

X HIGHEST PRICE $64,950 AVERAGE PRICE $53,975

AVG DOM 135 LOWEST PRICE $43,000

EXPIRED LISTINGS 2

S HIGHEST PRICE $55,700 AVERAGE PRICE $43,675

AVG DOM 89 LOWEST PRICE $17,000

SOLD LISTINGS 4

A HIGHEST PRICE $75,000 AVERAGE PRICE $68,750

AVG DOM 30 LOWEST PRICE $62,500

ACTIVE LISTINGS 2

Expired Listings

Sold Listings

Active Listings

Comparative Market Analysis Flamingo Drive Southwest, Atlanta, Georgia 30311

Tremayne ThomasThe Park House Group

21