70 Fairburn Rd Sw

Atlanta, Georgia, 30331

Redeemable DeedpendingSells Oct 6, 2026 · 3 days ago

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SqFt: 12,284
Lot Size: 108,900
Year Built: 2010
APN: 14 024300030112

Property Type: Other
Distressed: No
Vacant: No
Owner Type: Company
Owner Status: Absentee (In State)
Length of Ownership: 2 Years 1 Month
Purchase Method: Cash Purchase
County: Fulton

Value

Estimated Value: $848,360
County Market Value: $2,120,900
Assessed Value: $848,360; 2026

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $712,500
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Document Type: Warranty Deed

Opportunity

Equity (est.): $198,949; 23%
Linked Properties: 2

Opening bid

—

Assessed value

$848,360

Land $225,200Improvement $623,160

Market / AVM

$848,360

Taxes owed

—

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Iwolerikan Evangelical Prayer Outreach W
Mailing Address: 52 Fairburn Rd Sw, Atlanta, GA 30331
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Basement: No Basement
Number of Stories: 1

Building Size

Deal analysis

Recorded	Document	Notice	Auction Date	Lender	Trustee	Trustee Phone	Active
09/09/2020	Notice of Foreclosure Sale	FOR	10/06/2020	RH FUND XIX LLC	REGINALD A HUDSPETH LLC	770-925-1400	No

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #
01/10/2022	First	$712,500	Commercial	Cadenca Bank	120	01/01/2032	2022-003119

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #	Open
01/10/2022	First	$712,500	Commercial	Cadenca Bank	120	01/01/2032	2022-003119	Yes
02/22/2019		$491,069	Commercial	Mooring Capital Fund	0	01/01/2019		No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
01/10/2022	08/29/2024		Warranty Deed		No	Cash Purchase	Iwolerikan Evangelical Prayer Outreach W	Rh Fund 19 Llc, Rh Fund Xix Llc
01/10/2022	01/10/2022	$950,000	Warranty Deed	2022-003119	Yes	Financed	Iwolerikan Evangelical Prayer Outreach W	Rh Fund Xix Llc
10/06/2020	10/06/2020	$737,102	Warranty Deed	2020-037684	Yes

Your maximum bid

$510,203

Walk away above this. Projected profit at the ceiling: $254,508 (30% of ARV).

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$459,183

Under max by $51,020

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for GA|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $848,360. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $848,360
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$67,869
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical GA range ($3,000–$7,500, ~6 months).: −$5,250
Deed recording and transferassumed Typical GA recording and deed issuance cost.: −$350
Holding costs (8 months)assumed Taxes, insurance, and securing the property at ~$1,273/month.: −$10,180
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$254,508
Maximum bid: $510,203

If the owner redeems

Flat penalty

20%

You'd receive

$102,041

Window

365 days

A 20% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

redemption stays open indefinitely until the purchaser forecloses it by statutory notice (barment)

Quoted elsewhere as 20% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 12-month period is a minimum, not an expiry — the redemption right persists until you serve barment notice, so budget for that process.

70 Fairburn Rd Sw

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

70 Fairburn Rd Sw

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

First Mortgage Information

Distress Flags

Foreclosure Filings

Area

Fair Market Rents

Tax Assessment Information

Open Mortgages

Mortgage History

Sale History

County records

Fulton County rules

Historical comps

Verify before you bid