640 JEB STUART DR

Jonesboro, Georgia, 30238

Redeemable DeedpendingSells Nov 3, 2026 · in 24 days

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Beds: 3
Baths: 1
SqFt: 1,949
Lot Size: 10,788
Year Built: 1966
APN: 13-242C- B-008

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 12 Years 2 Months
Purchase Method: Cash Purchase
County: Clayton

Value

Estimated Value: $144,000
County Market Value: $197,900; 2026
Assessed Value: $79,160; 2026

Mortgage & Debt

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

Last Sale

Public Record: $33,000; 07/21/2014
MLS: $30,000; 06/20/2025
Document Type: Warranty Deed

Opportunity

Opening Bid: $6,281
Bid / Value: 4%; of $144,000
Property Tax 2026: $4,197; annual bill · not the amount owed
Equity (est.): $144,000; 100%
Monthly Rent: $1,890; Suggested rent
Gross Yield: 15.75%
Linked Properties: 2

Opening bid

$6,281

Assessed value

$79,160

Land $6,400Improvement $72,760

Market / AVM

$144,000

Property tax 2026

$4,197

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: SILVA-PEDRAZA RUBEN OR SILVA JUANA
Owner 2 Name: Juana Silva
Mailing Address: 640 Jeb Stuart Dr, Jonesboro, GA 30238
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Rooms: 6

Deal analysis

Date	Status	Price	Days on Market
06/20/2025	Closed	$30,000	1

School	Type	Grades	Rating	Enrollment
Jonesboro Middle School	Public	6-8	2	909
Jonesboro High School	Public	9-12	3	1,343

Recorded	Amount	Type	Lender	Open
06/23/2003	$83,763	Stand Alone Second / Subordinate position	First City Mortgage	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
07/21/2014	07/21/2014	$33,000	Warranty Deed	2014-006047	Yes	Cash Purchase	Ruben Silva-Pedraza, Juana Silva	India S James
12/28/2000	01/10/2001	$82,000	Deed		Yes	Financed	James, Inida S	Worley, Robert L Iii
09/01/2000	09/07/2000	$60,000	Deed		Yes	Financed	Worley, Robert L Iii	Snow, Thomas E & Amanda W
07/12/1995	08/02/1995	$53,500	Deed		Yes	Cash Purchase	Thomas E Amanda W Snow	Gene D Lois J Barber

Your maximum bid

$81,952

Walk away above this. Projected profit at the ceiling: $43,200 (30% of ARV).

Opening bid $6,281

Room to bid $75,671

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

History-guided suggestion

$33,271

Under max by $48,681

≤ 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 $144,000. 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: $144,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$11,520
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 ~$216/month.: −$1,728
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): −$43,200
Maximum bid: $81,952

If the owner redeems

Flat penalty

20%

You'd receive

$16,390

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.

640 JEB STUART DR

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

640 JEB STUART 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

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