678 REDLAND DR

Jonesboro, Georgia, 30238

Redeemable DeedpendingSells Nov 3, 2026 · in 26 days

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Beds: 2
Baths: 2.5
SqFt: 1,160
Lot Size: 2,658
Year Built: 1985
APN: 13-247D- B-019

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Company
Owner Status: Absentee (In State)
Length of Ownership: 8 Years 9 Months
Purchase Method: Cash Purchase
County: Clayton

Value

Estimated Value: $118,000
County Market Value: $117,100; 2026
Assessed Value: $46,840; 2026

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $50,000
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $43,000; 12/29/2017
MLS: $825; 02/14/2025
Document Type: Warranty Deed

Opportunity

Opening Bid: $5,340
Bid / Value: 5%; of $118,000
Property Tax 2026: $3,429; annual bill · not the amount owed
Equity (est.): $70,913; 60%
Monthly Rent: $1,553; HUD fair market rent (2 bd)
Gross Yield: 15.79%
Linked Properties: 6

Opening bid

$5,340

Assessed value

$46,840

Land $5,600Improvement $41,240

Market / AVM

$118,000

Property tax 2026

$3,429

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: ARTHAM REALTY LLC
Mailing Address: 5030 Park Brooke Walk Way, Alpharetta, GA 30022
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Total Rooms: 5
Bedrooms: 2
Total Bathrooms

Deal analysis

Recorded	Document	Notice	Case #	Auction Date	Trustee	Active
11/27/2013	Notice of Foreclosure Sale	FOR	NAT-13-07481-1	01/07/2014	RUBIN LUBLIN SUAREZ SERRANO LLC	No

Date	Status	Price	Days on Market
02/14/2025	Closed	$825	1

School	Type	Grades	Rating	Enrollment
Riverdale High School	Public	9-12	4	1,263
Pointe South Middle School	Public	6-8	2	1,033
Pointe South Middle School	Public	6-8	3	861
Pointe South Elementary School	Public	PK-5	3	712

Recorded	Position	Amount	Type	Lender	Term	Maturity
07/28/2023	First	$50,000	Conventional	Snowball Investments	0	01/01/2024

Recorded	Position	Amount	Type	Lender	Term	Maturity	Open
07/28/2023	First	$50,000	Conventional	Snowball Investments	0	01/01/2024	Yes

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
12/29/2017	12/29/2017	$43,000	Warranty Deed	2018-000035	Yes	Cash Purchase	Artham Realty Llc	Cao Assets Management Llc
09/29/1999	10/14/1999	$62,500	Deed		Yes	Financed	Knox, Maybelle	Kelley, Paula A

Your maximum bid

$66,144

Walk away above this. Projected profit at the ceiling: $35,400 (30% of ARV).

Opening bid $5,340

Room to bid $60,804

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

History-guided suggestion

$27,016

Under max by $39,128

≤ 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 $118,000. 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: $118,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$9,440
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 ~$177/month.: −$1,416
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): −$35,400
Maximum bid: $66,144

If the owner redeems

Flat penalty

20%

You'd receive

$13,229

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.

678 REDLAND DR

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

678 REDLAND DR

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

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

Open Mortgages

Mortgage History

Sale History

County records

Clayton County rules

Historical comps

Verify before you bid