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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Garden apartment buildings
1098 Jolly Ave Clarkston, GA 30021-1166
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1858291
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1963
Total area
3,155 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R100
APN
18 097 02 027
UPID
US22-1858291
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$650k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Tesfa Properties LLC · 11 yrs held
Tesfa Properties LLC
since 2014
5 recorded transactions
Zoning & alternative use
R100 · Clarkston, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clarkston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarkston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Blend value · Realmo final
$645k
Range $581k – $710k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$204 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,461
Tax year 2024
Assessed value
$142,520
Assessed 2024
Previous assessed
$142,520
+0.0% YoY
Effective rate
5.94%
On assessed value
Assessed land
$23,680
Assessed improvement
$118,840
Land market value
$59,200
Improvement market value
$297,100
Total market value
$356,300
Applied tax rate
34.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1963
Heating
NONE
Cooling
YES
Stories
2
Units
4
Bathrooms
4
Total area
3,155 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R100
APN
18 097 02 027
UPID
US22-1858291
Jurisdiction
DE KALB
Zoning & alternative use
R100 · Clarkston, GA
Zoning R100 · permitted uses
R100 · Clarkston, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clarkston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.2 ac
Current owner
From public records · entity-resolved
Tesfa Properties LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1032 VINEYARD CIR, STONE MOUNTAIN, GA 30083-2527
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2020
—
Tesfa Properties LLC
—
Deed Of Trust
related
$140,000 · Patch Of Land Lndg
Apr 27, 2018
—
Tesfa Properties LLC
—
Trustees Deed
related
$90,000 · Ftf Lndg LLC
Oct 10, 2014
—
Tesfa Properties LLC
Issac,tesfalem
Quit Claim Deed
related
—
Mar 15, 2013
$56,100
Tesfalem Issac
Hare,bonnie
Trustees Deed
—
Jan 20, 2004
$258,500
Bonnie Hare
Knight,melissa
Warranty Deed
$232,650 · Guaranty Residential Lending
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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