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  • $162,000

    5883 Margaret Cir, Atlanta, GA 30349

    3beds
    1,132sqft
    Single Family Residence
    Built in 1966
    0.46 Acres Lot
    $183,000 Zestimate®
    $143/sqft
    $1,604 Estimated rent

    Home value

    $183,000

    $154,000 - $210,000

    $1,604/mo

    Zestimate® history
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    What's special

    Welcome home to an exciting repair opportunity - includes a primary .46 acre lot and an additional 1.83 acre lot, totaling 2.26 acres. This large brick ranch features 3 bedrooms, 2 baths on a crawlspace, offering character and charm. The light, bright, and open ranch floor plan flows easily, but will need your attention to detail and sweat equity to bring it back to livable and lendable condition. The spacious main level living room gets plenty of natural light. The kitchen will need to be entirely rebuilt, though some cabinets remain - it's mostly a shell. The bedrooms are efficiently sized and will need cosmetic updates. The bathrooms are framed but offer a blank canvas for your decorating ideas. There's easy access to the large garage off the kitchen, where the laundry is located. Note that the main septic waste line in the bathrooms is cracked and blocked. The private, wooded, fenced backyard with a deck adds potential to the property, making it ideal for a rehab specialist. The location is very convenient with easy access to area amenities, schools, the airport, medical facilities, and major roads. Previously used as a rental, the seller has never occupied the property. It's being sold strictly "as is" with no disclosures, no survey, and no termite letter provided. Failed main waste septic system, kitchen and baths mainly a shell, Buyers have the right to an inspection, but closing cannot occur within 21 days of the binding date as the seller needs time to coordinate title and closing. Will Need Repairs to Be Lendable - Ideal rehab home for the experienced - Inspect, compare, and price for the area. ***MULTIPLE OFFERS RECEIVED - HIGHEST & BEST DUE 2/24/2025 @ 10AM - SEE DOCS FOR FORM***

    Zillow last checked:

    Listing updated:

    Listed by:

    Marc Oppenheimer 678-296-6550,

    Atlanta Communities

    Bought with:

    Yen Phan Spear, 282079

    Spear Realty LLC

    Source: GAMLS,MLS#: 10308700MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Foyer, Other
    Kitchen
    • Features: Breakfast Area, Breakfast Room
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Other
    • Laundry: In Garage
    Features
    • Master On Main Level
    • Flooring: Hardwood, Laminate
    • Windows: Double Pane Windows
    • Basement: Crawl Space
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,132
    • Total interior livable area: 1,132 sqft
    • Finished area above ground: 1,132
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Fencing: Back Yard,Chain Link
    • Body of water: None
    Lot
    • Size: 0.46 Acres
    • Features: Level, Private
    • Residential vegetation: Wooded
    Details
    • Parcel number: 13103C B021
    • Special conditions: As Is,No Disclosure

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Other, Vinyl Siding
    • Foundation: Block
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s)
    • Subdivision: Cheeko Manor
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Atlanta

    Financial & listing details

    • Price per square foot: $143/sqft
    • Tax assessed value: $127,400
    • Annual tax amount: $1,306
    • Date on market: 5/29/2024
    • Cumulative days on market: 286 days
    • Listing agreement: Exclusive Right To Sell
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/28/2026Listing removed$1,650$1/sqft
    Source: Zillow Rentals Report a problem
    2/13/2026Price change$1,650-2.9%$1/sqft
    Source: Zillow Rentals Report a problem
    11/21/2025Listed for rent$1,700+8.6%$2/sqft
    Source: Zillow Rentals Report a problem
    3/28/2025Sold$162,000+1.3%$143/sqft
    Source: GAMLS #10308700 Report a problem
    3/18/2025Pending sale$159,900$141/sqft
    Source: FMLS GA #7394472 Report a problem
    2/13/2025Price change$159,900-5.9%$141/sqft
    Source: FMLS GA #7394472 Report a problem
    11/8/2024Price change$169,900-5.6%$150/sqft
    Source: FMLS GA #7394472 Report a problem
    10/10/2024Price change$179,900-5.3%$159/sqft
    Source: FMLS GA #7394472 Report a problem
    9/19/2024Price change$189,900-5%$168/sqft
    Source: FMLS GA #7394472 Report a problem
    8/14/2024Price change$199,900-4.8%$177/sqft
    Source: FMLS GA #7394472 Report a problem
    7/17/2024Price change$209,900-4.5%$185/sqft
    Source: FMLS GA #7394472 Report a problem
    5/30/2024Listed for sale$219,900+203.9%$194/sqft
    Source: FMLS GA #7394472 Report a problem
    8/16/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    8/12/2022Listed for rent$1,565+61.2%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    4/26/2020Listing removed$971$1/sqft
    Source: Hudson Homes Management Report a problem
    4/24/2020Listed for rent$971$1/sqft
    Source: Hudson Homes Management Report a problem
    2/7/2020Listing removed$971$1/sqft
    Source: Hudson Homes South East Report a problem
    12/18/2019Listed for rent$971+5%$1/sqft
    Source: Hudson Homes Management Report a problem
    2/20/2018Listing removed$925$1/sqft
    Source: WRI Property Management LLC #8323932 Report a problem
    2/8/2018Listed for rent$925$1/sqft
    Source: WRI Property Management Report a problem
    9/6/2017Listing removed$72,360$64/sqft
    Source: Optimus Real Estate Brokers #7583985 Report a problem
    9/6/2017Listed for sale$72,360$64/sqft
    Source: Optimus Real Estate Brokers #7583985 Report a problem
    6/30/2016Pending sale$72,360$64/sqft
    Source: OPTIMUS REAL ESTATE BROKERS #7583985 Report a problem
    6/1/2016Listed for sale$72,360$64/sqft
    Source: OPTIMUS REAL ESTATE BROKERS #7583985 Report a problem
    5/26/2016Pending sale$72,360-3.5%$64/sqft
    Source: Optimus Real Estate Brokers Inc #5643551 Report a problem
    1/2/2016Listed for sale$75,000-25%$66/sqft
    Source: Optimus Real Estate Brokers Inc #5599813 Report a problem
    10/18/1999Sold$100,000$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,987 +41.1%$50,960 +44.8%
    2024$1,408 +7.8%$35,200
    2023$1,306 -7.8%$35,200
    2022$1,416 +11.9%$35,200 +13%
    2021$1,266 +29.3%$31,160 +32%
    2020$979 -1.4%$23,600 -60%
    2019$993 +3.7%$59,000 +124.6%
    2018$958 +1.4%$26,270 +13.2%
    2017$945 -2.3%$23,212 -2.3%
    2016$967 $23,766
    2015$967 +0.4%--
    2014$963 +37.4%$23,466
    2013$701 -0.8%--
    2012$706 -22%--
    2011$905 -3.6%--
    2010$939 -2.9%--
    2009$967 +49.5%--
    2008$647 +1.3%--
    2007$638 +2.4%--
    2006$623 +29.3%--
    2005$482 +27.9%--
    2003$377 +11.7%--
    2002$338 -55.7%--
    2001$762 --
    Find assessor info on the county website

    Neighborhood: 30349

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Northcutt
    • Middle: North Clayton
    • High: North Clayton

    Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $183,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $183,000