NOT LISTED FOR SALE

1053 Martin Luther King jr Dr NW Atlanta, GA 30314

Vine City Neighborhood

Estimated Value: $193,186 - $387,000

0.14 Acre
$1,780,021 Price per Acre
6,199 Sq Ft Lot

Last Sold June 27, 2019

Last sale price $150,000

Est. 69% increase in value since last sale

Current estimated payment $1,668/month

Highlights

  • City View
  • Property is near public transit
  • Level Lot
  • Craftsman Architecture

About This Lot

As of June 2019

This is a triplex that was burned while being renovated! Excellent opportunity to restore or build new multiple units from the ground up! All 3 units were 3 bedroom 1 bath. 1st 2 floors intact 3 level was burned. Steps from restaurants, Mercedes Stadium, AU Center, The Gulch and Centennial Park! Located across from Washington High and the new Library. The street is currently being revitalized with beautiful landscaped center islands, bike lanes and is the center concentration of the new street scape for the whole new downtown scene! This could be an income gold mine!

Last Agent to Sell the Property

Carmen Johnson

Compass License #159440 Listed on: 04/15/2019

Compass

Last Buyer's Agent

Carmen Johnson

Compass License #159440 Listed on: 04/15/2019

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,811

Year Built

  • Built in 1935

Lot Details

  • 6,199 Sq Ft Lot
  • Property fronts a state road
  • Level Lot
  • Property is zoned mf

Home Design

  • Craftsman Architecture
  • Fixer Upper

Interior Spaces

  • 3-Story Property
  • City Views

Bedrooms and Bathrooms

Location

  • Property is near public transit
  • Property is walking distance to MARTA

Schools

  • William M.Boyd Elementary School
  • Herman J. Russell West End Academy Middle School
  • Booker T. Washington High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 011500100902

Property Details

Property Type

Land

Est. Annual Taxes

$3,811

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Multi Family
  • Architectural Style: Craftsman
  • Current Classification: Multifamily
  • Property Condition: Fixer Upper
  • Year Built: 1935
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Interior Features

  • Additional Rooms: Other

Beds/Baths

  • Total Bedrooms: 9
  • Lower Bedrooms: 3
  • Main Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1

Exterior Features

  • View: City

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Marta, Public Transportation, Street Lights

Schools

  • Elementary School: William M.Boyd
  • Middle School: Herman J. Russell West End Academy
  • High School: Booker T. Washington

Lot Info

  • Acres: 0.1423
  • Possible Use: Multi-Family
  • Current Zoning: mf
  • Current Use: Multi-Family
  • Lot Features: Level
  • Lot Dimensions: 0 x0
  • Parcel Number: 14 011500100902
  • Price Acre Dollar: 1054111.03
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 31.00
  • Assessor Parcel Number: 14-0115-0010-090-2
  • Close Date: 2019-06-27
  • Tax Year: 2017

MLS Schools

  • Elementary School: William M.Boyd
  • High School: Booker T. Washington
  • Middle School: Herman J. Russell West End Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2019
Sold by
I Buy Everything Llc
Bought by
Keju Antonious & Asssociates Llc
Current Estimated Value
$253,297

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 27, 2019
Sold by
J Poles Interiors Inc
Bought by
Mercier & Pete Realty Llc
Seller's Agent
Carmen Johnson
Compass
Buyer's Agent
Carmen Johnson
Compass
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$390,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2018
Sold by
Harrison Philip
Bought by
Poles Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,582
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2001
Sold by
Chism Arnette
Bought by
Chism Arnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,744
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2001
Sold by
Jacobs Donald A
Bought by
Clesi Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1998
Sold by
Accurate Mtg Services Inc
Bought by
Finley Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1996
Sold by
Brown Richelieu Tessie
Bought by
Accurate Funding Inc
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
Keju Antonious & Asssociates Llc $157,000 --
I Buy Everything Llc $137,000 --
Mercier & Pete Realty Llc $150,000 --
Poles Jack $115,000 --
J Poles Interiors Inc -- --
Chism Arnette -- --
Chism Arnette $165,800 --
Clesi Robert A $139,100 --
Jacobs Donald A -- --
Finley Mary L $87,500 --
Accurate Funding Inc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brija Zachary $1,018,900
Previous Owner Mercier & Pete Realty Llc $390,000
Previous Owner Poles Jack $208,582
Previous Owner Chism Arnette $165,744
Previous Owner Jacobs Donald A $138,750
Previous Owner Finley Mary L $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $150,000 -6.3% --
05/22/2019 05/22/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $160,000 0.0% --
05/13/2019 05/13/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $160,000 -- --
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 $3,811 $39,120 $39,120 --
2023 $3,811 $119,480 $39,120 $80,360
2022 $4,079 $100,800 $27,000 $73,800
2021 $3,293 $81,280 $28,600 $52,680
2020 $3,013 $73,560 $28,240 $45,320
2019 $1,361 $66,040 $10,840 $55,200
2018 $43 $20,160 $8,880 $11,280
2017 $31 $17,680 $2,080 $15,600
2016 $31 $17,680 $2,080 $15,600
2015 $1,282 $17,680 $2,080 $15,600
2014 $18 $10,840 $1,880 $8,960
Source: Public Records

Agents Affiliated with this Home

  • Carmen Johnson

    Seller's Agent in 2019

    Carmen Johnson

    Compass

    (678) 898-3404

    69 Total Sales

    Carmen Johnson
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6538029

First Multiple Listing Service (FMLS)

APN: 14-0115-0010-090-2

Georgia Fulton County Atlanta 30314 Vine City

1053 Martin Luther King jr Dr NW, Atlanta, GA

This home is located at 1053 Martin Luther King jr Dr NW, Atlanta, GA 30314 since 15 April 2019 and is currently estimated at $253,297. This property was built in 1935. 1053 Martin Luther King jr Dr NW is a home located in Fulton County with nearby schools including M. A. Jones Elementary School, Herman J. Russell West End Academy, and Booker T. Washington High School.

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