$300,000
SOLD JUN 16, 2025
-- Bed
-- Bath
744 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$403 Per Sq Ft

25% Below List Price

51 Days on Market

Highlights

  • Property is near public transit
  • Central Heating and Cooling System
  • 3-minute walk to Watkins St Park
  • No HOA
  • Baseboard Heating

About This Home

As of June 2025

Instant Equity! Appraisal done and motivated seller. Fantastic Investment Opportunity in Carey Park! Don't miss this solid 1940s duplex located in the growing Carey Park community of NW Atlanta. Featuring two 2-bedroom, 1-bathroom units, this property is ideal for investors, house hackers, or those looking to expand their rental portfolio. Each unit offers spacious living areas, original charm, and great natural light, with plenty of room for upgrades to boost value and rental income. Sitting on a large 7,000+ sq ft lot with off-street parking, the property provides excellent potential for outdoor enhancements or future development. Enjoy close proximity to Westside Park, the BeltLine, major highways, and AtlantaCOs vibrant Westside neighborhoods. Whether youCOre renovating for resale or holding for cash flow, 1138 5th St NW is a prime opportunity in a high-growth area. Schedule your showing today! Features: Carpet down stairs in living room and bedroom rooms, central air, front and back deck upstairs, no dishwasher, includes refrigerators and electric stoves

Last Agent to Sell the Property

Mel Love

Serhant Georgia License #366267 Listed on: 04/11/2025

Serhant Georgia

Last Buyer's Agent

Michelle Lee

14th & Luxe Realty License #408555

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,573

Year Built

  • Built in 1940

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Stone Frame

Schools

  • Boyd Elementary School
  • J. L. Invictus Academy Middle School

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating

Additional Features

  • 2-Story Property
  • 6,970 Sq Ft Lot
  • Property is near public transit

Community Details

  • No Home Owners Association
  • 2 Units
  • Carey Park Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,573

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .16
  • Structure Type: Duplex
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Stone Frame
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Detached
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air, Electric, Other
  • Heating: Baseboard, Central
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights, Walk To Public Transit

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Boyd
  • High School: Other
  • Middle School: J. L. Invictus Academy
  • Elementary School: Boyd
  • Middle School: J. L. Invictus Academy
  • High School: Other

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2573

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Jun 16, 2025
Sold by
Mcmillan Real Estate Group Llc
Bought by
Baumgartner Frederick Neil
Seller's Agent
Mel Love
Serhant Georgia
Buyer's Agent
Michelle Lee
14th & Luxe Realty
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%
Views
87
Current Estimated Value
$294,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,351
Avg. Annual Appreciation
-6.45%
Original Mortgage
$10,500
Outstanding Balance
$10,482
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$284,167

Purchase Details

Listed on
May 3, 2017
Closed on
Aug 4, 2017
Bought by
Mcmillan Real Estate Grp Llc
Seller's Agent
Tim Henning
NOT A VALID MEMBER
Buyer's Agent
Mel Love
Serhant Georgia, LLC
List Price
$135,000
Sold Price
$108,000
Premium/Discount to List
-$27,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%

Purchase Details

Closed on
Oct 21, 2015
Sold by
Commercial To Residential Llc
Bought by
The Crown Property Investment Grp Llc

Purchase Details

Listed on
Feb 22, 2015
Closed on
Aug 14, 2015
Sold by
Diop Yinka Winfrey
Bought by
Commercial To Residential Llc
Seller's Agent
Chris Lineberger
NOT A VALID MEMBER
Buyer's Agent
King Givenchy
NOT A VALID MEMBER
List Price
$35,000
Sold Price
$12,000
Premium/Discount to List
-$23,000
-65.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.20%

Purchase Details

Closed on
May 9, 2008
Sold by
Novastar Mortgage Inc
Bought by
Diop Yinka W and Diop Khari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
5.86%

Purchase Details

Closed on
Feb 6, 2007
Sold by
Jeanpierre Tellia
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Mar 16, 2006
Sold by
Carter Kelvin
Bought by
Jeanpierre Tellia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
9.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Kent Tahira S
Bought by
Carter Kelvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.88%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Buckholt Roosevelt
Bought by
Kent Tahira S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.88%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $300,000 --
Warranty Deed $108,000 --
Warranty Deed $38,000 --
Warranty Deed $12,000 --
Deed $10,000 --
Foreclosure Deed $73,153 --
Deed $175,000 --
Quit Claim Deed -- --
Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,500 New Conventional
Open $294,566 FHA
Previous Owner $9,000 No Value Available
Previous Owner $166,250 New Conventional
Previous Owner $72,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $300,000 0.0% $403 / Sq Ft
06/01/2025 06/01/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $299,999 -7.7% $403 / Sq Ft
04/24/2025 04/24/25 Price Changed $325,000 -18.5% $437 / Sq Ft
04/11/2025 04/11/25 For Sale $399,000 +269.4% $536 / Sq Ft
08/04/2017 08/04/17 Sold $108,000 -13.6% $145 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/26/2017 06/26/17 Price Changed $125,000 -3.8% $168 / Sq Ft
06/19/2017 06/19/17 Price Changed $129,900 -3.8% $175 / Sq Ft
06/05/2017 06/05/17 For Sale $135,000 0.0% $181 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/25/2017 05/25/17 Price Changed $135,000 0.0% $181 / Sq Ft
05/25/2017 05/25/17 For Sale $135,000 +8.0% $181 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $125,000 +941.7% $168 / Sq Ft
08/14/2015 08/14/15 Sold $12,000 -65.7% $16 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
02/22/2015 02/22/15 For Sale $35,000 -- $47 / Sq Ft
Source: Georgia MLS

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 $2,005 $72,080 $38,520 $33,560
2023 $2,005 $62,840 $27,680 $35,160
2022 $1,910 $47,200 $14,720 $32,480
2021 $1,387 $34,240 $14,480 $19,760
2020 $1,116 $27,240 $9,720 $17,520
2019 $924 $24,040 $5,480 $18,560
2018 $469 $11,320 $3,760 $7,560
2017 $211 $4,880 $3,600 $1,280
2016 $208 $4,800 $3,800 $1,000
2015 $196 $4,520 $3,600 $920
2014 $205 $4,520 $3,600 $920
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10498560

Georgia MLS

APN: 17-0249-0002-021-9