NOT LISTED FOR SALE

1085 State St NW Atlanta, GA 30318

Home Park Neighborhood

Estimated Value: $756,290 - $977,000

4 Beds
5 Baths
2,832 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $776,000 $274 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,086/month

9 Days on Market

Highlights

  • City View
  • Accessible Entrance
  • Four Sided Brick Exterior Elevation
  • Midtown High School Rated A+
  • Accessible Hallway
  • 3-minute walk to Home Park

About This Home

As of December 2021

GREAT INVESTMENT OPPORTUNITY! Monthly income 4,800. GA TECH TEAM HOUSE - Ideally located near GA TECH, this DUPLEX (6 Bedroom +office ) has had NO VACANCIES in 7 years! Each level is a self contained well-maintained 3 bed house. 3 Tenants reside on level A. Level B has 4 Tenants. Wood floors run throughout the main living areas, and vinyl or wood are in the 6 bedrooms and one office. Duplex has 2 Living rooms, 2 laundry rooms, 2 large on-suites, 2 great kitchens, 2 decks, 3 entries. This is a MUST SEE, as new upper class-man typically plan to move in every year. 7 Tenant leases to be honored through August 6, 2022. Annual lease runs Aug-Aug. Showings by Appointment. DUPLEX comes with 2 parking spots in driveway and 2 parking spots in front of the house on the street that require a City Permit. Seller has a AHS Home Warranty. DUPLEX location is convenient to GA TECH campus, Atlantic Station and much more.

Last Agent to Sell the Property

Debra Smith

HomeSmart License #346744 Listed on: 10/01/2021

HomeSmart

Last Buyer's Agent

Carol Bell

RE/MAX Metro Atlanta Cityside License #170090

RE/MAX Metro Atlanta Cityside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,820

Year Built

  • Built in 1920

Lot Details

  • 3,450

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • City Views
  • Carbon Monoxide Detectors

Parking

  • 2 Parking Spaces
  • Driveway Level

Accessible Home Design

  • Accessible Hallway
  • Accessible Entrance

Schools

  • Centennial Place Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 3,450 Sq Ft Lot
  • Property is near schools

Community Details

  • 7 Units
  • Home Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17 014900040812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,820

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1920
  • Accessibility Features: Accessible Entrance, Accessible Hallway(s)
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Brick 4 Sides, Frame
  • Roof Type: Composition
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Schools
  • Subdivision Complex: Home Park

Lot Info

  • Acres: 0.0792
  • Lot Dimensions: x
  • Parcel Number: 17 014900040812
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 7820.00
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 7

MLS Schools

  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 26, 2021
Sold by
Greenwald Rebecca S
Bought by
Allen Jack and Allen Tania
Seller's Agent
Debra Smith
HomeSmart
Buyer's Agent
Carol Bell
RE/MAX Metro Atlanta Cityside
List Price
$775,000
Sold Price
$776,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$842,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,073
Avg. Annual Appreciation
2.12%

Purchase Details

Closed on
Mar 17, 2014
Sold by
Heinrichs Stephen C
Bought by
Greenwald Bryon and Greenwald Rebecca

Purchase Details

Closed on
Jun 27, 2011
Sold by
Residential Fndg R/E Hldgs Llc
Bought by
Heinrichs Stephen C and Heinrichs Jacob C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,102
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2010
Sold by
Sadler Joel
Bought by
Residential Fndg R/E Hldgs Ll

Purchase Details

Closed on
Sep 1, 2004
Sold by
Kumi Alex
Bought by
Sadler Joel
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Allen Jack $776,000 --
Greenwald Bryon $406,000 --
Heinrichs Stephen C $247,000 --
Residential Fndg R/E Hldgs Ll $285,000 --
Sadler Joel $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heinrichs Stephen C $187,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $776,000 +0.1% $274 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $775,000 -- $274 / 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 $7,869 $232,280 $69,040 $163,240
2023 $10,213 $246,680 $41,080 $205,600
2022 $9,983 $246,680 $41,080 $205,600
2021 $1,821 $190,880 $54,560 $136,320
2020 $7,820 $190,880 $54,560 $136,320
2019 $480 $200,400 $54,560 $145,840
2018 $3,908 $182,160 $21,120 $161,040
2017 $4,077 $94,400 $19,560 $74,840
2016 $4,088 $94,400 $19,560 $74,840
2015 $4,942 $94,400 $19,560 $74,840
2014 $2,970 $94,400 $19,560 $74,840
Source: Public Records

Agents Affiliated with this Home

  • Debra Smith

    Seller's Agent in 2021

    Debra Smith

    HomeSmart

    (770) 363-7080

    1 in this area

    11 Total Sales

    Debra Smith
    Section Image

  • C

    Buyer's Agent in 2021

    Carol Bell

    RE/MAX Metro Atlanta Cityside

    1 in this area

    56 Total Sales

    Carol Bell
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6946957

First Multiple Listing Service (FMLS)

APN: 17-0149-0004-081-2

Georgia Fulton County Atlanta 30318 Home Park

1085 State St NW, Atlanta, GA

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