5320 Thames Dr

Atlanta, Georgia, 30349

Redeemable DeedpendingSells Oct 6, 2026 · 3 days ago

View on map ↗

Beds: 3
Baths: 1
SqFt: 1,000
Lot Size: 392,040
Year Built: 1962
APN: 14F0099 LL0339

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Company
Owner Status: Owner Occupied
Length of Ownership: 1 Year 8 Months
Purchase Method: Cash Purchase
County: Fulton

Value

Estimated Value: $308,000
County Market Value: $208,700
Assessed Value: $83,480; 2026

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $150,000
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Document Type: Warranty Deed

Opportunity

Equity (est.): $180,059; 58%
Monthly Rent: $1,890; Suggested rent
Gross Yield: 7.36%

Opening bid

—

Assessed value

$83,480

Land $47,680Improvement $35,800

Market / AVM

$308,000

Taxes owed

—

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: K3 Land Investment Group Llc
Mailing Address: 5320 Thames Dr, South Fulton, GA 30349
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Total Rooms: 5
Bedrooms: 3
Total Bathrooms: 1

Deal analysis

Recorded	Document	Notice	Auction Date	Lender	Trustee	Trustee Phone	Active
03/10/2010	Notice of Foreclosure Sale	FOR	04/06/2010	MORTGAGE ELECTRONIC REGISTRATION SYSTEM	MCCALLA RAYMER	678-281-6500	No

Date	Status	Price	Days on Market
11/11/2025	Withdrawn	$1,000,000	266
08/07/2025	Active Under Contract	$1,000,000	258
03/05/2025	Active	$1,000,000	15

Recorded	Position	Amount	Type	Lender	Term	Maturity
05/15/2019	First	$150,000	Conventional	Kawaljeet And Sons	230	01/01/2039

Recorded	Position	Amount	Type	Lender	Rate Type	Term	Maturity	Open
05/15/2019	First	$150,000	Conventional	Kawaljeet And Sons		230	01/01/2039	Yes
07/12/2006		$46,000	Stand Alone Refi (Refinance of Original Loan)	Sebring Cap Ptrs Lp	Fixed Rate	350	06/28/2036	No

Sale Date	Recorded	Document	Doc #	Arm's Length	Method	Buyer	Seller
11/22/2024	01/30/2025	Warranty Deed	20250015639	No	Cash Purchase	K3 Land Investment Group Llc	Devendra Investment Llc
12/13/2010	12/27/2010	Special Warranty Deed		No	Cash Purchase	Kawaljeet & Sons Inc	Federal Home Loan Mortgage Corporation
04/06/2010	05/06/2010	Deed		No	Cash Purchase

Your maximum bid

$181,664

Walk away above this. Projected profit at the ceiling: $92,400 (30% of ARV).

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

History-guided suggestion

$163,498

Under max by $18,166

≤ 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 $308,000. 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: $308,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$24,640
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 ~$462/month.: −$3,696
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): −$92,400
Maximum bid: $181,664

If the owner redeems

Flat penalty

20%

You'd receive

$36,333

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.

5320 Thames Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

5320 Thames Dr

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

Distress Flags

Foreclosure Filings

Listing

MLS History

Area

Fair Market Rents

Tax Assessment Information

Open Mortgages

Mortgage History

Sale History

County records

Fulton County rules

Historical comps

Verify before you bid