NOT LISTED FOR SALE

1047 Margaret Place NW Atlanta, GA 30318

Grove Park Neighborhood

Estimated Value: $445,000 - $554,000

4 Beds
2.5 Baths
1,887 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $489,000 $259 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,727/month

111 Days on Market

Highlights

  • Separate his and hers bathrooms
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Craftsman Architecture
  • Wood Flooring
  • Stone Countertops

About This Home

As of December 2022

Location also qualifies for most lender's zero down payment programs, which allows buyers to use the builder contribution for buying down their interest rate! New Construction in Grove Park near Westside Reservoir Park and the planned future Microsoft Campus! Another great home by Bellwood Homes featuring a beautiful large open floor plan with 2 car garage. Tons of space with four bedrooms and a full unfinished daylight basement. In town living at its best with a gorgeous large wooded lot. This home comes standard with Bellwood Homes' Platinum Package, with upgrades throughout. The home is currently under construction with an expected completion at the end of October. See what's emerging on the upper Westside of Atlanta! Drawing on the historic Atlanta architecture that surrounds them, traditionally inspired designs will combine with distinctively forward-thinking construction that is smart, sustainable and built to last by Bellwood's' experienced builder group. These new homes offer open plan designs options with island kitchens, gracious bedroom suites and walk-in closets, inviting porches, rear decks, all in the heart of the Westside!

Last Agent to Sell the Property

Brian Simmons

Atlanta Fine Homes Sotheby's International License #392315 Listed on: 08/16/2022

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Katina Asbell

Atlanta Fine Homes Sotheby's International License #201432

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.4 Acre Lot
  • Landscaped
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Fire and Smoke Detector
  • Laundry in Hall

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Patio
  • Front Porch

Schools

  • William M.Boyd Elementary School
  • John Lewis Invictus Academy/Harper-Archer Middle School
  • Frederick Douglass High School

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 17 022600140030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,460

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Under Construction
  • Year Built: 2022
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1887.00
  • Below Grade Sq Ft: 736.00
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Vinyl
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, His and Hers Closets, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Full, Unfinished
  • Kitchen Features: Cabinets White, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Square Footage: 1887.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Shower Only

Exterior Features

  • Construction Materials: Cement Siding, Frame, Stone
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Front Porch, Patio
  • Foundation: Slab

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: In Hall
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • Home Warranty: Yes

Lot Info

  • Acres: 0.4030
  • Lot Features: Landscaped, Level, Wooded
  • Parcel Number: 17 022600140030
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1460.00
  • Tax Year: 2021

MLS Schools

  • Elementary School: William M.Boyd
  • High School: Frederick Douglass
  • Middle School: John Lewis Invictus Academy/Harper-Archer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Dec 29, 2022
Sold by
Bh Residential Properties I Llc
Bought by
Betancor Felipe A and Mawla Samira
Seller's Agent
Brian Simmons
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Katina Asbell
Atlanta Fine Homes Sotheby's International
List Price
$595,000
Sold Price
$489,000
Premium/Discount to List
-$106,000
-17.82%
Views
2
Current Estimated Value
$478,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,912
Avg. Annual Appreciation
-0.79%
Original Mortgage
$415,650
Outstanding Balance
$402,088
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$76,000

Purchase Details

Closed on
Mar 15, 2022
Sold by
Ellis Maloof Family Investment Llc
Bought by
Bh Residential Properties I Llc

Purchase Details

Closed on
Jan 27, 2017
Sold by
Urban Grove Llc
Bought by
Crossstone Management Llc

Purchase Details

Closed on
Jun 29, 2006
Sold by
Johngalt Holdings Llc
Bought by
Urban Grove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.57%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Betancor Felipe A $489,000 --
Bh Residential Properties I Llc $120,000 --
Crossstone Management Llc $17,250 --
Urban Grove Llc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betancor Felipe A $415,650
Previous Owner Urban Grove Llc $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $489,000 -2.0% $259 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
12/02/2022 12/02/22 Price Changed $499,000 -7.4% $264 / Sq Ft
09/16/2022 09/16/22 Price Changed $539,000 -9.4% $286 / Sq Ft
08/24/2022 08/24/22 For Sale $595,000 0.0% $315 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $595,000 -- $315 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,554 $151,080 $29,680 $121,400
2023 $5,016 $121,160 $46,200 $74,960
2022 $2,669 $65,960 $65,960 $0
2021 $1,460 $71,960 $71,960 $0
2020 $1,476 $36,040 $36,040 $0
2019 $424 $22,880 $22,880 $0
2018 $240 $5,800 $5,800 $0
2017 $230 $5,320 $5,320 $0
2016 $230 $5,320 $5,320 $0
2015 $317 $5,320 $5,320 $0
2014 -- $10,240 $10,240 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Simmons

    Seller's Agent in 2022

    Brian Simmons

    Atlanta Fine Homes Sotheby's International

    (404) 276-0372

    6 in this area

    41 Total Sales

    Brian Simmons
    Section Image
  • Katina Asbell

    Buyer's Agent in 2022

    Katina Asbell

    Atlanta Fine Homes Sotheby's International Realty

    (404) 932-0739

    1 in this area

    46 Total Sales

    Katina Asbell
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7100437

First Multiple Listing Service (FMLS)

APN: 17-0226-0014-003-0

Georgia Fulton County Atlanta 30318 Grove Park

1047 Margaret Place NW, Atlanta, GA

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