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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Garden apartment buildings
2744 Miles Cir East Point, GA 30344-3743
Individually Owned
1-yr Hold
Property ID
US22-1567569
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
3,248 SF
Lot
0.51 ac (22,172 SF)
Zoning code
C1
APN
14 012500030495
UPID
US22-1567569
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
$540k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$393k
Blend (final)
Blend
$540k
Owner & transaction history
Jordan Lane Ceausu · 1 yrs held
Jordan Lane Ceausu
since 2024
Last sale
$540,000
5 recorded transactions
Zoning & alternative use
C1 · East Point, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C1 District is intended to provide those convenient shopping goods and services required by the neighboring residences. Land areas zoned C1 are further intended to provide a transition between medium and moderate density dwelling areas and higher density residential areas or nonresidential areas.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
96.84 ac
Source
Realmo
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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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
$540,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
$595,000
6.5%
$550,000
7%
$510,000
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $540k (Aug 27 2024)
Last sale anchor
$540k
Aug 27 2024
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
$166 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,036
Tax year 2023
Assessed value
$107,560
Assessed 2023
Previous assessed
$107,560
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$36,800
Assessed improvement
$70,760
Land market value
$92,000
Improvement market value
$176,900
Total market value
$268,900
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1960
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
4
Bathrooms
1
Total area
3,248 SF
Lot
0.51 ac (22,172 SF)
Zoning code
C1
APN
14 012500030495
UPID
US22-1567569
Jurisdiction
FULTON
Zoning & alternative use
C1 · East Point, GAZoning C1 · permitted uses
C1 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C1 District is intended to provide those convenient shopping goods and services required by the neighboring residences. Land areas zoned C1 are further intended to provide a transition between medium and moderate density dwelling areas and higher density residential areas or nonresidential areas.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
96.84 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
4
Bathrooms
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Jordan Lane Ceausu
Individual
Mailing address
2744 MILES CIR, EAST POINT, GA 30344-3743
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 27, 2024
$540,000
Jordan Lane Ceausu
Matthew Andrew Batie
Warranty Deed
$405,000 · United Wholesale
Aug 7, 2024
—
Axe Miles 2024 Trust
Jordan Lane Ceausu
Limited Warranty Deed
—
Mar 11, 2016
$165,000
Matthew A Batie
Cummings,clarence T
Grant Deed
$162,011 · Caliber Hm Loans
Aug 2, 2004
$219,000
Cummings,clarence T
Lawrence,henry J O & Winsome R
Warranty Deed
$164,250 · Bank Of Nat'l Tr & Svgs
—
—
Matthew A Batie
—
Deed Of Trust
related
$244,950 · Caliber Hm Loans
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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