6065 Glencedar Ln

Atlanta, Georgia, 30349

Redeemable DeedpendingSells Oct 6, 2026 · 2 days ago

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Beds: 4
Baths: 2
SqFt: 3,410
Lot Size: 18,013
Year Built: 2002
APN: 14F0126 LL0732

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Other
Owner Status: Absentee (Out of State)
Length of Ownership: 12 Years 7 Months
Purchase Method: Cash Purchase
County: Fulton

Value

Estimated Value: $468,000
County Market Value: $441,600
Assessed Value: $176,640; 2026

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $175,000; 02/04/2014
MLS: $1,950; 06/20/2025
Document Type: Foreclosure

Opportunity

Equity (est.): $468,000; 100%
Monthly Rent: $2,308; Suggested rent
Gross Yield: 5.92%
Linked Properties: 924

Opening bid

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Assessed value

$176,640

Land $41,000Improvement $135,640

Market / AVM

$468,000

Taxes owed

—

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: Ih3 Property Georgia Lp
Mailing Address: 16220 N Scottsdale Rd Ste 650, Scottsdale, AZ 85254
Owner Type: Other
Corporate Owned: No

Property Characteristics

Total Rooms: 8
Bedrooms: 4
Total Bathrooms: 2

Deal analysis

Recorded	Document	Notice	Auction Date	Lender	Trustee	Trustee Phone	Active
01/07/2014	Notice of Foreclosure Sale	FOR	02/04/2014	WELLS FARGO BANK NA	SHAPIRO SWERTFEGER AND HASTY LLP	770-220-2535	No

Date	Status	Price	Days on Market
02/14/2025	Closed	$1,950	126

School	Type	Grades	Rating	Enrollment
Westlake High School	Public	9-12	7	2,164
Stonewall Tell Elementary School	Public	PK-5	7	706
Sandtown Middle School	Public	6-8	6	861

Recorded	Amount	Type	Lender	Rate Type	Term	Maturity	Open
09/28/2005	$20,000	Stand Alone Second / Subordinate position	Usaa Fsb	Fixed Rate	240	09/09/2025	No
09/26/2005	$30,000	Stand Alone Second / Subordinate position	Usaa Fsb		240	09/09/2025	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
02/04/2014	02/04/2014	$175,000	Foreclosure	2014-009677	Yes	Cash Purchase	Ih3 Property Georgia Lp	Jo Ann W Thompson
09/23/2002	11/08/2002	$268,500	Deed		Yes	Financed	Thompson, Joann W	John Wieland Hms & Neighborhoods

Your maximum bid

$278,944

Walk away above this. Projected profit at the ceiling: $140,400 (30% of ARV).

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

History-guided suggestion

$251,050

Under max by $27,894

≤ oracle maxBid

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

History sample

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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 $468,000. 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: $468,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$37,440
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 ~$702/month.: −$5,616
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): −$140,400
Maximum bid: $278,944

If the owner redeems

Flat penalty

20%

You'd receive

$55,789

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.

6065 Glencedar Ln

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

6065 Glencedar Ln

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Foreclosure Filings

Listing

MLS History

Area

Fair Market Rents

Schools

Tax Assessment Information

Mortgage History

Sale History

County records

Fulton County rules

Historical comps

Verify before you bid