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$184,990   Price Analysis
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5278 Madison St
Forest Park, GA 30297
3 bed 1 bath 1,856 SqFt ($99/SqFt)
9,278SqFt lot. Built 1953
Listed 2024-06-21, Taxes $1,432
Ⓧ USDA Ineligible
due to location

near Forest Park

Call ing all investors and first time homebuyers!

Welcome to this charming ranch-styled, 3 bedroom, 1 bath located in the Forest Park Acres Subdivision already leased with a long-term tenant. This house comes with a guaranteed monthly income of $1, 600 from the Jonesboro Housng program and recently passed inspection. This cozy 4 sided brick home is conveniently located minutes from the highway, schools, restaurants, shopping and the airport.

The home has newer paint, HVAC and laminated wood flooring throughout the home. This home also has a large leveled backyard that's fenced and equipped with an outdoor workshop ready for all your summer projects. Schedule your showing today and make this your next easy investment!


Presented by Kevin Dang at
Point Honors And Associates, Realtors.


Property MLS #10323724 from GeorgiaMLS

Bedrooms: 3
Bedrooms On Main Level: 3

Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

High Ceilings
Flooring: Laminate
Window Features: Double Pane Windows

Dishwasher
Refrigerator
Laundry Features: In Kitchen

Cooling Features: Central Air
Heating Features: Natural Gas

Fencing: Back Yard

Land Lease: No
Lot Description: Level
Lot Size Acres: 0.213
Lot Size Square Feet: 9278

Parking Features: Assigned
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Fountain
High School: Forest Park
Middle School: Babb

Fountain Elementary School is a public elementary school located approximately 0.4 miles away.
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Forest Park High School is a public high school located approximately 0.8 miles away.
directions icon Map directions

Babb Middle School is a public middle school located approximately 0.9 miles away.
directions icon Map directions

Atlanta Adventist International School is a private elementary and middle school located approximately 0.1 miles away.
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Atlanta Adventist International School is a private elementary and middle school located approximately 0.1 miles away.
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Community Features: Walk To Public Transit, Walk To Schools, Walk To Shopping

Annual Tax Amount: 1811
Source Listing Status: Price Change
County: Clayton
Directions: Please use GPS
Tax Year: 2023
Source Property Type: Residential
Home Warranty: No
Source Neighborhood: Forest Park Acres
Parcel Number: 13079C D002
Subdivision: Forest Park Acres
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$34,320 + $7,200
$41,520
$1,432
2021$21,120 + $7,200
$28,320
$984
2020$19,343 + $7,200
$26,543
$931
2019$19,343 + $3,200
$22,543
$802
2018$18,377 + $3,200
$21,577
$768
2017$14,049 + $3,200
$17,249
$615
2016$12,486 + $3,200
$15,686
$559
2015$13,267 + $3,200
$16,467
$576
2014$6,788 + $3,200
$9,988
$347
2013$unknown + $unknown
$9,988
$347
2012$unknown + $unknown
$12,388
$434
2011$unknown + $unknown
$17,600
$634
2010$unknown + $unknown
$17,600
$555
2009$unknown + $unknown
$21,940
$695
2008$unknown + $unknown
$29,630
$860
2007$unknown + $unknown
$32,998
$944

Price Changed 2024-07-05
$184,990
FMLS
Price Changed 2024-07-05
$184,990
GeorgiaMLS
Listed 2024-06-21
$189,990
GeorgiaMLS
Listed 2024-06-20
$189,990
FMLS
Listing removed 2023-06-24
$179,000
FMLS
Listed 2023-05-22
$179,000
FMLS
Listing removed 2021-12-07
$0
FMLS
Listed 2021-11-28
$185,000
FMLS
Sold 2021-10-20
$129,000
FMLS
Sold 2021-06-11
$115,000
FMLS
Listed 2021-05-08
$119,900
GeorgiaMLS
Listed 2021-05-08
$119,900
FMLS
Listing removed 2020-08-17
$825
GeorgiaMLS
Listing removed 2020-04-30
$0
AppfolioUnits
Price Changed for rent 2020-04-06
$825
AppfolioUnits
Listed for rent 2020-02-28
$895
AppfolioUnits
Listing removed 2020-02-27
$0
AppfolioUnits
Listed for rent 2020-02-15
$895
AppfolioUnits
Listing removed 2020-02-14
$0
AppfolioUnits
Sold 2020-02-10
$60,000
Public Record
Listed for rent 2020-01-31
$895
AppfolioUnits
Listing removed 2019-01-03
$800
AppfolioUnits
Listing removed 2018-12-30
$800
AppfolioUnits
Listed for rent 2018-12-05
$800
AppfolioUnits
Listed for rent 2018-11-22
$800
AppfolioUnits
Sold 1996-05-13
$50,000
Public Record
Sold 1995-11-17
$60,355
Public Record
Sold 1995-10-04
$50,000
Public Record
Sold 1990-10-29
$35,000
Public Record

Total Square Feet Living: 1856
Year Built: 1953
Above Grade Finished Area: 928
BelowGradeFinishedArea: 928
Common Walls: No Common Walls
Construction Materials: Brick
Foundation Details: Slab
Levels: One
Living Area Source: Public Records
Property Age: 71
Property Condition: Resale
Roof: Composition
Structure Type: House
House Style: A-frame, Brick 4 Side

Accessibility Features: Accessible Entrance

Sewer: Public Sewer
Cable Available
Electricity Available
Natural Gas Available
Sewer Available
Water Available
Water Source: Public

Security Features: Smoke Detector(s)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.