Property Description

Seller and Buyer Name(s)  

Transaction Dates and Current Status
(Arranged chronologically by acquisition date)

(1.)   Center Point Road
Carrollton, GA  30117
3 BR, 1 BA, 1980 ft² rustic county house on 13 acres-Carroll County, GA
Sales Price = $105,000

Sellers:  Richard A. & Julia M.
Buyers: Van & Tina A.

 

Originally structured as a Lease/Purchase on November 13, 1996, but marketing resulted in an outright sales contract signed on December 13, 1996 which closed to the Buyers on January 24, 1997.

(2.)   Saddle Hill Lane
Marietta, GA 30068
3 BR, 3½ BA, 2740 ft²  tri-level unit in a close-in East Cobb swim/tennis condo community - Mulberry Farms
Sales Price = $149,900

Seller:  Lynn K.
Buyer:  Bruce R.

 

Originally structured as a Lease/Purchase on December 8, 1996, but marketing resulted in an outright sales contract signed January 28, 1997 which closed to Buyer on February 28, 1997.

 

(3.)    John Tate Road
Acworth, GA 30101
4 BR, 2½ two story 3,100 ft² brick house in Williams Towne Subdivision, a swim/tennis community in Acworth
Sales Price = $164,900

Sellers:  Paul & Diane As
Orig.  Buyers: Rick & Khadeeja S.
Replacement Buyers: Milo & Linda M.

Original agreement with Sellers signed on December 21, 1996, and $10,000 of repairs were done in January and February. Marketing started in March and a Lease/Purchase agreement was signed with original Buyers on April 3, 1997.  Due to job transfer, original Buyers could not close but additional marketing brought in second set of Buyers who closed on February 5, 2000.

(4.)    Fox Glen Drive
Woodstock, GA 30188
Two year old, 2,523 ft², 4 BR, 2½ BA stucco traditional with a full basement in the Wyngate Subdivision of Towne Lake golf/swim/tennis development
Sales Price = $185,000

Sellers:  Wayne & Cathy D.
Buyer:  Marius C.

House was originally put under contract on June 8, 1997 and marketing efforts resulted in producing the Buyer who signed the Lease/Purchase contract on June 23, 1997 and closed on July 29, 1999.

(5.)    Farm Valley Drive
Woodstock, GA 30188
Six year old, 2,532 ft², 4 BR, 3½ BA brick/siding traditional with a full, partially finished basement in the Chadd’s Ridge Subdivision of East Cobb
Sales Price = $164,000

Seller:  Paula N.
Original Buyer:  Larry J.
2^nd  Buyer: Richard H.
3^rd Buyer:  John and Sharon N.

House was put under contract with Sellers on
June 19, 1997 and marketing efforts resulted in a signed contract by Buyer on June 30^th. House was sold to second Buyer who closed on a Contract for Deed with $20,000 down on September 5, 1997.  Original buyer defaulted on their note and the house was taken back in foreclosure, refurbished and resold on a Lease/Purchase to New Buyer on February 15, 2000.  Second Buyer could not close and house was sold to current Buyer on an Agreement for Deed on September 1, 2001.

(6.)     Mountain Laurel Street
Roswell, GA 30075
16 year old, 3,120 ft², 4 BR, 3 BA cedar contemporary with a full, partially finished basement in the Mountain Creek Subdivision of East Cobb
Sales Price = $154,900

Seller:  Bill B.
Buyers:  Mike & Gwen T.

House was originally put under contract with Seller on July 2, 1997 and marketing efforts resulted in the Lease/Purchase contract on July 13, 1997 which closed on July 21, 2000

(7.)     Glasgow Road
Marietta, GA 30062
Magnificent 1.5  year old, 4,500 ft², 5 BR, 4½ BA Euro-stucco traditional with full-finished basement, pool, and Jacuzzi in the St. Andrews Subdivision of East Cobb
Sales Price = $316,000

Sellers: Bob and Naomi A.
Buyers:  Kevin & Alice Z.

House was put under contract with Sellers on
June 22, 1997 with a straight option and marketing efforts assisted Sellers in locating and negotiating a contract with Buyers which closed on August 27, 1997.

(8.)     King Drive
Douglasville, GA 30135
8-year old starter home, 1,518 ft², 3 BR, 2 BA ranch with a finished bonus room in the Riverview Estates Subdivision of Douglas County near Fulton County
Sales Price = $89,900

Seller:  Stephen &  Macy O.
Buyers:   Nathaniel & Regina T.

 

House was originally put under contract with Seller on August 4, 1997 and marketing efforts resulted in the Lease/Purchase contract on September 16, 1997.  Buyers moved into the house on September 27, 1997 and closed on Oct 29, 1999.

(9.)    Feather Creek Lane
Woodstock, GA 30189
Delightful 3+ BR, 2½ BA 1,800ft²
6-year-old split-foyer in the prestigious Eagle Watch golf community
 of Towne Lake
Sales Price = $139,900

Sellers: Lesley & Marty F.
Original Buyers:  Gary & Cathy S.
Replacement Buyers:   Tim and Karen B.

House was put under Lease/Purchase contract with Sellers on August 21, 1997.  Marketing efforts resulted in a Lease/ Purchase contract signed by Buyers on October 7, 1997.  Buyers moved in November 15, 1997 and subsequently left to purchase a duplex to live next to and care for aging parents.  However a new buyer was found who stepped in and closed on July 26, 2000.

(10.)  Furlong Way
Powder Springs, GA 30127
4-year old starter home, 1,400 ft², 3 BR, 2 BA ranch in the Steeplechase
Subdivision of Powder Springs
Sales Price = $91,000

Sellers: Chris B. &  Jennifer D.
Interim Buyer:  Company
Ultimate Buyer: Joyce R.

House was put under contract with Sellers on September 22, 1997 with a straight option. House was subsequently purchased outright by Allen Cochrane for his personal portfolio on November 3, 1997.  House was leased-purchased the ultimate Buyer who closed on April 27, 2001.

(11.)  Hobson Court
Marietta, GA 30189
4-year old 3 BR, 2½ BA frame and brick traditional, 1,800 ft²  with a full basement, in The Overlook Subdivision  of Marietta
Sales Price = $135,900

Seller: Ramona H.
Original Buyers: Greg & Jorie S.
Now a Company-owned rental property

House was put under straight option contract with Seller on October 21, 1997 and market-ing efforts resulted in a Lease/ Purchase contract signed by Buyer on November 13, 1997.  Buyers moved in November 30, 1997 but did not close.  House was subsequently bought by the company with owner financing and closed on July 16, 2001 and is being held for rental.

(12.)  Winston Court
Woodstock, GA 30189
8.5-year old 3 or 4 BR, 2½ BA stucco traditional, 2,500 ft²  with a full basement, in the Kingston Square Subdivision
Sales Price = $145,900

Sellers: Bob & Carey R.
Buyer: Remy S.

House was put under Lease/Purchase contract with Sellers on October 23, 1997. Marketing efforts resulted in a Lease/ Purchase contract signed by Buyer on November 3, 1997; Buyer moved in November 11, 1997 and closed on July 1, 1999.

(13.)  Britley Park Lane
Woodstock, GA 30189
 2 BR + Loft, 2 BA Townhouse with large lot in Village of
Britley Park Subdivision
Sales Price = $111,900

Seller: Leo and Amanda S  
Buyer:  Ron L.

 

House was put under Lease/Purchase contract with Seller on April 4, 1998.  Although the original buyers did not purchase, the house was instead purchased for the Company portfolio and closed on July 5, 2001.  It was held as a Company rental property until its outright sale on April 11, 2002.

(14.)  Woodruff Crossing
Woodstock, GA 30189
Nine year old, 3,000 ft², 4 BR, 2½ BA brick traditional with a full basement in the Eagle Watch Subdivision of Towne Lake golf/swim/tennis development
Sales Price = $229,900

Seller: Bill and Diane R.  
Buyer:  Fairron N.

House was put under Lease/Purchase contract with Sellers on April 10, 1998.  Marketing efforts resulted in a Lease/Purchase contract signed by Buyer on April 14, 1998; Buyer moved in May 1, 1998 and closed on May 31, 2000.

(15.)  Sandhurst Drive
Woodstock, GA 30189
Nine year old, 2,600 ft², 4 BR, 2½ BA stucco and stone traditional on the 2^nd fairway in the Eagle Watch Subdivision of Towne Lake golf/swim/tennis development
Sales Price = $197,900

Seller:  Bob McQ.
Buyer:  Melinda G.

 

House was put under Lease/Purchase contract with Seller on April 27, 1998.  Marketing efforts resulted in a Lease/Purchase contract signed by Original Buyers on May 7, 1998.  Original Buyers moved in on June 1, 1998 but vacated 16 months into the agreement due to divorce.  However, we located a new buyer and closed on June 1, 2000 still within the time frame of the original agreement.

(16.)  Haven Drive
Auburn, GA 30203
7-month old 4 BR, 3 BA frame traditional, 2,300 ft² with a full basement in the Millhaven Subdivision
Sales Price = $134,900

Seller:  Jodi G.
Buyers: Mitch and Donna T.

 

House was put under Lease/Purchase contract with Seller on May 7, 1998. Marketing efforts resulted in a Lease/Purchase contract signed by Buyers on June 16, 1998 and Buyer moved in July 1, 1998 and closed on September 15, 1999.

(17.)  Arbor View Lane
Sugahill, GA 30518
6-month old, 3 BR, 2½ BA brick-frame traditional, 2,00 ft² on a slab in the Oaks of Lanier Subdivision of Gwinnett County
Sales Price = $139,900

Sellers: Paul & Susan T.
Buyers: Richard & Lisa K.

House was put under Lease/Purchase contract with Seller on May 29, 1998.  Marketing efforts resulted in a Lease/Purchase contract signed by Buyers on June 19, 1998 and Buyers moved in July 1, 1998 and closed on March 30, 2000

(18.)  Mill Lake Drive
Douglasville, GA 30135
23-year old, 3 BR, 2 BA stucco and frame split level contemporary, 1,400 ft² on a crawl space in the Mill Glen Subdivision of Douglas County
Sales Price = $92,900

Sellers: Walter & Robin B.
Initial Buyers: Eric B. & Vickie S.
Ultimate Buyers: Company

House was put under Lease/Purchase contract with Seller on September 21, 1998.  Marketing efforts resulted in a Lease/Purchase contract signed by Buyers on November 16, 1998 and Buyers moved in December 1, 1998 but did not close.  Property was purchased by Company for rental portfolio on February 2, 2001.

(19.)  Twin Brooks Court
Marietta, GA 30067
17-year old, 3BR, 2.5 BA fee-simple brick townhouse, 1,650 ft² with basement in the Twin Brooks townhouse subdivision of Marietta, GA
Sales price = $93,900

Seller: Mitchell L.
Buyers: Joan  L.
 

House was put under Lease/Purchase contract with Seller on September 25, 1998.  Marketing efforts resulted in a Lease/Purchase contract signed by Buyer on November 4, 1998 who moved in on December  19, 1998 and closed on July 27, 2000.

(20.)  Boones Ridge Parkway
Acworth, GA 30102
4 BR, 2½ BA 1,800 ft² frame traditional with a half basement and bonus room in Boones Ridge  Subdivision of Acworth
Sales Price = $144,900

Seller:  Ryan K.
Buyer: Company
Resold to Mark & Debra A.

House was purchased from the Seller with seller-financing by the Company on October 2, 1998.  The property was held in the company rental inventory until resold to Buyers and closed on June 3, 2002.

(21.)  Mountain Creek Way
Douglasville, GA 30134
BR, 2 BA, frame ranch, approx 1200 ft²
on a crawl space, in the Willow Bend
Subdivision of Douglas County
Sales Price = $74,250

Seller:  John B.
Interim Buyer: Company
Ultimate Buyer:  Beatrice D.

House was put under Lease/Purchase contract with Seller on January 11, 1999.  Marketing efforts resulted in a Lease/Purchase contract signed by a buyer who did not close and Company purchased the Property which was re-marketed to the Buyer , who moved in October 1999 and closed on September 13, 2000.

(22.)  Ashley Place
Acworth, GA 30102
4 BR, 2.5 BA, stucco traditional, 2,664 ft², on a full basement on a lake lot in Ashley Forest Subdivision of South Cherokee Co.
Sales Price  = $239,900

Sellers:  Brian and Lisa E.
Buyer: Francois B.

House was put under Lease/Purchase contract with Sellers on February 29, 1999.  Marketing efforts resulted in a Lease/Purchase contract signed by Buyers who did not close. Property was re-marketed to the Buyer , who moved in July 2001  and closed on August 30, 2002.

(23.)  Brandenburgh Way
Roswell, GA 30075
 4 BR, 2½ BA New England- style wood-side traditional with a full basement and a 2/3 acre lot in Lake Charles Estates Subdivision
Sales Price = $239,900

Seller: Johnnie W. 
Interim Buyer: Company
Ultimate Buyer: Sean C.

House was put under Lease/Purchase contract with Seller on August 19, 1999.  Marketing efforts resulted in a Lease/Purchase contracts signed in August, 2000.  Although, the original buyers did not purchase, the house was instead purchased for the Company portfolio and closed in October 9, 2001.  It was leased for 6 months and then resold to the ultimate Buyer, on October 18, 2002.

(24.)  Old Hunters Trace
Marietta, GA (East Cobb)
4 BR, 2½ BA frame, 3,000 ft² soft contemporary in Hunters Trace Subdivision,  in the Walton HS district of East Cobb
Price = $195,000

Seller: James J.
Buyer:  Leonard W.

House was put under Lease/Purchase contract with Seller on November 20, 1999 and after repairs and fix up, marketing efforts, which started in December, resulted in a Lease/Purchase contract signed by original Buyer in December 19, 1999.  Although the original Buyer could not close and vacated 14 months into the agreement,  we located a new Buyer and closed on August 9, 2002.

(25.)  Amberwood Drive
Woodstock, GA 30189
Nine year old, 3,000 ft², 4 BR, 3 BA brick traditional with full basement in the Eagle Watch Subdivision of Towne Lake golf/swim/tennis development
Sales Price = $265,000

Seller:  Ulrich and Robyn W.
 Buyers:  Dan & Christine S.

House was put under Lease/Purchase contract with Seller on June 18, 2000.  Marketing efforts resulted in a Lease/Purchase contract signed by Buyers on August 6, 2000 who moved in on September 1, 2000 and closed on January 9, 2001.

(26.)  Oak Lane
Marietta, GA 30062 (East Cobb)
4 BR, 2½ BA 2,900 ft² stucco traditional with a half basement in Bayswater Subdivision of East Cobb
Sales Price = $227,500

Sellers: Richard and Cecile M.
Buyer: David L.
 

House was put under Lease/Purchase contract with Seller on December 22, 1998 and after repairs and fix up, marketing efforts, which started in January, resulted in a Lease/Purchase contract signed by Buyer on February 8, 1999 and closed on February 28, 2002.

(27.)  Gaillardia Way
Acworth, GA 30102
 5 BR, 2½ BA Brick Traditional with a full basement in Chestnut Hills Subdivision swim/tennis development
Sales Price = $244,900

Seller: Ron K.
Buyer:  O. J. B.

House was put under Lease/Purchase contract with Seller/Agent on September 18, 2000 and after repairs and fix up, marketing efforts, which started in December, resulted in a Lease/Purchase contract signed by Buyer in February 1, 2001 and closed on March 13, 2002.

(28.)  Highbrooke Trail
Woodstock, GA 30189
 4 BR, 2½ BA 2,600 ft² European stucco with a full basement in Subdivision of Towne Lake swim/tennis development
Sales Price = $208,000

Seller: Tammy Z.
Buyer:  Marcus S.

House was put under Lease/Purchase contract with Seller and a joint partnership in  January 30, 2000.  Marketing efforts resulted in a Lease/Purchase contract signed by Buyer in February 14, 2000 and closed on March 20, 2002.

(29.)  Polo Club Drive
Marietta, GA 30064
 4 BR, 3½ BA European Stucco
in Saddlebrooke Subdivision, a golf/swim/tennis community adjacent
 to the Marietta Country Club
Contract Price = $212,500

Seller: Jimmy W.
Buyer: Company
(currently on lease/purchase contract to
 John L.)

House was put under Lease/Purchase contract with Seller on February 23, 2000.  Marketing efforts resulted in a Lease/Purchase contracts signed on April 8, 2000  Although, the original buyers did not purchase, the house was instead purchased for the Company portfolio and closed on March 28, 2002.  It is on lease/purchase contract to a new buyer.

(30.)  Woodruff Crossing
[different street # .from (14.)]
Woodstock, GA 30189
 4 BR, 3½ BA European Stucco with finished basement in the Eagle Watch Subdivision of Towne Lake Community
 Sales Price = $266,900

Seller: Audree M.
Buyer:  Howard and Dawn M.

House was purchased by the company for company investment portfolio in August 1, 2001.  Marketing efforts resulted in an Agreement for Deed purchase signed by Buyer in October 23,  2001.

(31.)  William Vernon Dr.
Powder Springs, GA 30127
 5 BR + Bonus, 2.5 BA traditional with large lot in Millers Crossing Subdivision
Sales Price = $185,000

Sellers: Gayle and Frank L.
Buyers:  Freddie and Allison B.

House was put under Lease/Purchase contract with Sellers on  November 20, 2001.  Marketing efforts resulted in a Lease/Purchase contract signed by Buyers in December 1, 2001 and closed on July 1, 2002.