NOT LISTED FOR SALE

1137 Martin Luther King Junior Dr SW Atlanta, GA 30314

Vine City Neighborhood

Estimated Value: $164,000 - $304,000

3 Beds
1 Bath
1,146 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $95,000 $83 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,637/month

Highlights

  • City View
  • Wood Flooring
  • Front Porch
  • Property is near public transit
  • 1 Fireplace
  • Bungalow

About This Home

As of June 2020

Fix and flip opportunity on the Beltline in Washington Park. Large lot perched above the street 2 doors down from the Beltline entrance. Has access to back alley, also one of the few homes in this row with a driveway. Needs rehab, has great bones. High ceilings and hardwoods. Surrounded by multiple developments. Great proximity to Beltline, Midtown & Downtown. Tons of potential on quiet street with successful rentals and airbnb properties.

Last Agent to Sell the Property

Arvie Magnuson

Atlanta Fine Homes Sotheby's International License #376411 Listed on: 04/20/2020

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Alan Corey

EXP Realty, LLC. License #358554

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 1930

Lot Details

  • 5,009

Home Design

  • Bungalow
  • Fixer Upper
  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,146 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Wood Flooring
  • City Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Location

  • Property is near public transit
  • Property is near the Beltline

Schools

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

Additional Features

  • Front Porch
  • 5,009 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 14 011600010209

Community Details

Overview

  • Washington Park Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,783

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Condition: Fixer Upper
  • Year Built: 1930
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Number Of Fireplaces: 1
  • Basement: Crawl Space
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Other
  • Square Footage: 1146.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Patio And Porch Features: Front Porch
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Trails/Greenway, Public Transportation, Sidewalks
  • Subdivision Complex: Washington Park

Schools

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

Lot Info

  • Acres: 0.1150
  • Lot Dimensions: x
  • Parcel Number: 14 011600010209
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1783.00
  • Assessor Parcel Number: 14-0116-0001-020-9
  • Close Date: 2020-06-02
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: M. A. Jones
  • High School: Booker T. Washington
  • Middle School: Herman J. Russell West End Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Jun 2, 2020
Sold by
R F Abernethy Properties Llc
Bought by
Cadray Leah and Cadray Joseph
Seller's Agent
Arvie Magnuson
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Alan Corey
EXP Realty, LLC.
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%
Current Estimated Value
$250,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,256
Avg. Annual Appreciation
20.77%

Purchase Details

Closed on
Jan 19, 2018
Sold by
Potter Brent
Bought by
Rf Abernethy Properties Llc

Purchase Details

Closed on
Nov 10, 2016
Sold by
Bw Home Solutions Llc
Bought by
Potter Brent

Purchase Details

Closed on
Mar 24, 2006
Sold by
Moore Denise
Bought by
Garvin Carroll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2003
Sold by
Strickland Waymond
Bought by
Dobson Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,768
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2000
Sold by
Two Brothers Investment
Bought by
Two Brothers Investment Group +
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
Cadray Leah $95,000 --
Rf Abernethy Properties Llc $71,000 --
Potter Brent $12,900 --
Bw Home Solutions Llc $5,000 --
Garvin Carroll $185,000 --
Dobson Kimberly -- --
Dodson Kimberly $74,000 --
Two Brothers Investment Group + -- --
Two Brothers Investment Group $76,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadray Leah $207,000
Previous Owner Garvin Carroll $185,000
Previous Owner Moore Denise $97,500
Previous Owner Dodson Kimberly $83,768
Previous Owner Dodson Kimberly $104,000
Previous Owner Spalding Scott $124,100
Previous Owner Two Brothers Investment Group $17,500
Previous Owner Stokes Jeffrey $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $95,000 -4.0% $83 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $99,000 -13.9% $86 / Sq Ft
04/20/2020 04/20/20 For Sale $115,000 -- $100 / 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 $3,637 $114,000 $37,520 $76,480
2023 $5,031 $121,520 $37,520 $84,000
2022 $1,538 $38,000 $27,080 $10,920
2021 $1,539 $38,000 $27,080 $10,920
2020 $1,778 $61,480 $27,080 $34,400
2019 $483 $43,400 $10,400 $33,000
2018 $606 $14,640 $8,520 $6,120
2017 $453 $10,480 $2,000 $8,480
2016 $454 $10,480 $2,000 $8,480
2015 $914 $10,480 $2,000 $8,480
2014 $303 $6,680 $1,800 $4,880
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Arvie Magnuson

    Atlanta Fine Homes Sotheby's International Realty

    2 in this area

    113 Total Sales

    Arvie Magnuson
    Section Image
  • Alan Corey

    Buyer's Agent in 2020

    Alan Corey

    EXP Realty, LLC.

    (646) 554-3320

    98 Total Sales

    Alan Corey
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6712355

First Multiple Listing Service (FMLS)

APN: 14-0116-0001-020-9

Georgia Fulton County Atlanta 30314 Vine City

1137 Martin Luther King Junior Dr SW, Atlanta, GA

This home is located at 1137 Martin Luther King Junior Dr SW, Atlanta, GA 30314 since 20 April 2020 and is currently estimated at $250,256, approximately $218 per square foot. This property was built in 1930. 1137 Martin Luther King Junior Dr SW 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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