2520 Rex Rd

Ellenwood, GA 30294

$290,000
Last Sold Price
9
Beds
1,201 Sq. Ft.
$241 / Sq. Ft.
1,201
Sq. Ft.
$241
per Sq. Ft.
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Closed 8/28/24Virtual Tour
Closed 8/28/24Virtual Tour
a front view of a house with a yard

Description

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...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.
  1. Listed by Josh Stanton • Keller Williams Realty Metro Atlanta • 404-564-5560

Property Details for 2520 Rex Road

Subdivision Complex
Springfield
Architectural Style
Traditional
Exterior
Rain Gutters
Num Of Parking Spaces
0
Parking Features
Driveway
Property Attached
No
Waterfront Features
None
LISTING CLOSED: 08/28/2024 12:00 AM

Property Details for 2520 Rex Road

StatusClosed
MLS #7412962
Days on Market11
Taxes$2,923 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1974
Lot Size0.26 AC / 11,238 SF
CountyClayton County
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Location

Listing Courtesy of Keller Williams Realty Metro Atlanta, Josh Stanton

Sold By Cornerstone Real Estate Partners, LLC, Michael Dumler

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Building Information for 2520 Rex Road

Stories-Year Built1974Building Size-Lot Size0.26 AC / 11,238 SF

Payment Calculator

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$1,718 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,474

Property Taxes

$244

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2520 Rex Road

Summary
Location and General Information
  • Community Features: None
  • Directions: I285 to I675S to Exit 5 - turn Right - Left on Moreland Ave - Right on Old Rex Morrow Rd - Left on Rex Rd - House is on the Left
  • Lake Name: None
  • View: Other
  • Coordinates: -84.30785, 33.595473
Taxes and HOA Information
  • Parcel Number: 12149A D012
  • Tax Year: 2023
  • Master Association Fee: $.00
  • HOA Rent Restrictions: No
  • Association: No
  • Block: G
  • Tax Legal Description: BLK G LOT 7
  • Tax Lot: 7
School Information
  • School Bus Route Elem: No
  • School Bus Route High: No
  • School Bus Route Middle: No
  • Elementary School: Clayton - Other
  • High School: Clayton - Other
  • Middle School: Clayton - Other
Parking
  • Open Parking: Yes
Agent
Payment and Rate
  • Concessions Amt: $.00
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Basement: Finished, Partial
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Hardwood, Laminate
  • Interior Features: Other
  • Levels/Stories: Multi/Split
  • Other Equipment: None
  • Window Features: None
  • Bedroom Features: Other
  • Diningroom Features: None
  • Kitchen Features: Cabinets White, Stone Counters
  • Master Bathroom Features: Other
  • Foundation: Brick/Mortar
  • Main Bedrooms: 2
  • Total Half Baths: 0
  • Bathrooms Total Interger: 3
  • Main Full Baths: 1
  • Additional Rooms: Other
  • Bathrooms Total Decimal: 3.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick, Wood Siding
  • Dock: None
  • Fencing: None
  • Horse Amenities: None
  • Patio And Porch Features: None
  • Pool Features: None
  • Road Surface Type: Concrete
  • Roof Type: Composition, Shingle
  • Security Features: None
  • Spa Features: None
  • Laundry Features: In Basement
  • Pool Private: No
  • Road Frontage Type: City Street
  • Other Structures: None
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Water Available
  • Water Source: Public
  • Electric: 110 Volts
Property and Assessments
  • FHA Condo Approval: No
  • Home Warranty: No
  • Proposed Financing: Cash, Conventional
  • Plat Book: 15
  • Plat Page: 239
  • Property Condition: Resale
  • Representative of Property: No
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Above Grade Finished Area: 1201.0
  • Below Grade Finished Area: 0.0
  • SqFt Source: Public Records
  • Square Footage: 1201.0
  • Common Walls: No Common Walls
  • Land lot: 149
  • Lot Features: Level
  • Acreage Source: Public Records
  • Lot Size Dimensions: 83x135x83x135
  • Below Grade Unfinished Area: 0.0
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • # Of Units In Community: 0
  • Number of Units To Be Built: 0
Income & Expenses Information
  • Swim/Tennis Fee: $0
Rental
Rent Information
  • Terms: Conventional
  • Land Lease: No
  • Occupant Types: Tenant

Property History for 2520 Rex Road

DateEvent & SourcePriceAppreciation
Aug 28, 2024

Sold (Public Record)

Public Record #1547038713

$290,000

+18.1% / yr

Oct 14, 2021

Sold (Public Record)

Public Record #1476443967

$180,000—
DateEvent & SourcePrice
08/28/2024

Sold (Public Record)

Public Record #1547038713

$290,000

+18.1% / yr

10/14/2021

Sold (Public Record)

Public Record #1476443967

$180,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2520 Rex Road

Taxable ValueLand$6,400Additions$111,581Total$117,981
Tax Record2025$4,553 ($379 / month)
Home Facts
Baths1.5Total Finished SqFt1,926 SqFtAbove Grade Finished SqFt1,601 SqFtFinished Basement SqFt325 SqFtStories1Lot Size11,246 SqFtStyleMulti-Family Res (5+ Units)Year Built1974Year Renovated1990ZoningRS110CountyCLAYTONAPN12-149A- D-012

Schools near 2520 Rex Road

This home is within Clayton County School District.
Rating
School
Type
Grades
Distance
Thurgood Marshall Elementary School
Public - PK to 5
Morrow Middle School
Public - 6 to 8
Morrow High School
Public - 9 to 12
Utopian Academy for the Arts High School
Charter - 9 to 12
Rating
School
Distance
Thurgood Marshall Elementary School
PublicPK to 5

Morrow Middle School
Public6 to 8

Morrow High School
Public9 to 12

Utopian Academy for the Arts High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
2528 Rex Road, Ellenwood, GA 30294
–
3
2
1,201
–
2521 Rex Road, Ellenwood, GA 30294
$25,000
–
1
809
2
2536 Rex Road, Ellenwood, GA 30294
$245,000
3
1,361
0.4
2504 Rex Road, Ellenwood, GA 30294
$185,000
3
1,201
–
2517 Stanford Drive, Ellenwood, GA 30294
$56,000
3
2
1,201
–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Metro Atlanta, Josh Stanton

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.