9412 CYPRESS LN

Jonesboro, Georgia, 30238

Redeemable DeedpendingSells Nov 3, 2026 · in 24 days

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Beds: 2
Baths: 2
SqFt: 1,238
Year Built: 1984
APN: 05-213 -214-013 -A07

Property Type: Condo
Distressed: Pre-Foreclosure
Vacant: No
Owner Type: Company
Owner Status: Absentee (In State)
Length of Ownership: 1 Year 10 Months
Purchase Method: Cash Purchase
County: Clayton

Value

Estimated Value: $148,000
County Market Value: $119,300; 2026
Assessed Value: $47,720; 2026

Mortgage & Debt

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

Last Sale

Public Record: $48,500; 11/05/2024
Document Type: Public Action

Opportunity

Opening Bid: $6,499
Bid / Value: 4%; of $148,000
Property Tax 2026: $4,379; annual bill · not the amount owed
Equity (est.): $148,000; 100%
Monthly Rent: $1,553; Suggested rent
Gross Yield: 12.59%
Linked Properties: 2

Opening bid

$6,499

Assessed value

$47,720

Land $4,800Improvement $42,920

Market / AVM

$148,000

Property tax 2026

$4,379

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: ZINC PROPERTIES LLC
Mailing Address: 675 Seminole Ave Ne Ste 301, Atlanta, GA 30307
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Total Rooms: 5
Bedrooms: 2
Total Bathrooms

Deal analysis

Recorded	Document	Notice	Auction Date	Lender	Trustee	Trustee Phone	Active
03/09/2013	Notice of Foreclosure Sale	FOR	04/02/2013				No
12/31/2025	LisPendens	NOL		ZINC PROPERTIES LLC	AYOUB MANSOUR AND BRYANT LLC	404-892-2599	No

Date	Status	Price	Days on Market	Agent	Office
09/18/2026	Active	$119,000	2	MARWAN KARAA	REMAX Metro Atlanta Cityside
06/04/2024	Closed	$39,900	256

School	Type	Grades	Rating	Enrollment
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
Mundy's Mill High School	Public	9-12	3	1,729

Recorded	Amount	Type	Lender	Open
03/27/2007	$7,500	Stand Alone Refi (Refinance of Original Loan)	Opteum Fin'l Svcs Llc	No
02/05/2002	$74,000	Stand Alone Refi (Refinance of Original Loan)	Accubanc Mortgage	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
11/05/2024	11/19/2024	$48,500	Public Action		Yes	Cash Purchase	Zinc Properties Llc	Devon Williams
06/01/2017	06/01/2017	$38,500	Warranty Deed	2017-003946	Yes	Cash Purchase	Devon Williams
04/28/2017	04/28/2017	$18,500	Warranty Deed	2017-003115	Yes	Cash Purchase	Klaxon Grp Llc	Vilma Forrest
02/06/2014	02/06/2014		Warranty Deed	2014-000982	Yes	Cash Purchase	Vilma Forrest	Secretary Of Housing And U
04/02/2013	04/02/2013	$69,044	Warranty Deed	2013-011562	Yes	Cash Purchase	Secretary Of Housing And Urban, O Michaelson Conn C	Georgia Housing And Financ
02/28/2007	03/27/2007		Deed		Yes	Financed	Latoya L Mays	Federal Home Ln Mtg Corp
07/05/2006	07/26/2006	$75,322	Foreclosure		Yes	Cash Purchase	National City Bk Indiana	Lillian Chester
07/05/2006	07/26/2006		Quit Claim Deed		No	Cash Purchase	Federal Home Ln Mtg Corp	National City Bk Indiana
10/08/2004	10/11/2004		Quit Claim Deed		No	Cash Purchase	Chester Family Trust	Chester, Lillian
07/20/2000	07/25/2000	$67,500	Deed		Yes	Financed	Chester, Lillian	Irwin, Scot & Stacey

Your maximum bid

$84,384

Walk away above this. Projected profit at the ceiling: $44,400 (30% of ARV).

Opening bid $6,499

Room to bid $77,885

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

History-guided suggestion

$34,277

Under max by $50,107

≤ 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 $148,000. 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: $148,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$11,840
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 ~$222/month.: −$1,776
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): −$44,400
Maximum bid: $84,384

If the owner redeems

Flat penalty

20%

You'd receive

$16,877

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.

9412 CYPRESS LN

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

9412 CYPRESS LN

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

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

Schools

Tax Assessment Information

Mortgage History

Sale History

County records

Clayton County rules

Historical comps

Verify before you bid