NOT LISTED FOR SALE

1224 Wylie St SE Atlanta, GA 30317

Edgewood Neighborhood

Estimated Value: $579,845 - $634,000

6 Beds
2 Baths
1,900 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $449,900 $237 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,597/month

Highlights

  • 0.4 Acre Lot
  • Park
  • Central Heating and Cooling System
  • Property is near public transit
  • 1-Story Property
  • Trails

About This Home

As of June 2020

Great value! Excellent investor opportunity in fantastic in-town location! Great long term tenants in place. This property has been completely renovated and is in excellent condition. You won't find another turn key investment like this in Edgewood!

Last Agent to Sell the Property

Patrick Peyer

Keller Williams Realty Metro Atlanta License #266568 Listed on: 04/20/2020

Keller Williams Realty Metro Atlanta

Last Buyer's Agent

Ryan Assad

Keller Williams Realty Atlanta Partners License #173234

Keller Williams Realty Atlanta Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1988

Lot Details

  • 0.4

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Location

  • In Flood Plain
  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • Fred A. Toomer Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 0.4 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 15 208 04 122

Community Details

Overview

  • 2 Units
  • Edgewood Subdivision

Recreation

  • Park
  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$975

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1988
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Park, Public Transportation, Street Lights
  • Subdivision Complex: Edgewood

Schools

  • Elementary School: Fred A. Toomer
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson

Lot Info

  • Acres: 0.4000
  • Lot Features: Flood Plain
  • Parcel Number: 15 208 04 122
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 975.00
  • Assessor Parcel Number: 15-208-04-122
  • Close Date: 2020-06-15
  • Tax Year: 2019

MLS Schools

  • Elementary School: Fred A. Toomer
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Jul 15, 2020
Sold by
Chester Heights Llc
Bought by
King Earl R
Seller's Agent
Patrick Peyer
Keller Williams Realty Metro Atlanta
Buyer's Agent
Ryan Assad
Keller Williams Realty Atlanta Partners
List Price
$475,000
Sold Price
$449,900
Premium/Discount to List
-$25,100
-5.28%
Current Estimated Value
$607,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,811
Avg. Annual Appreciation
5.79%
Original Mortgage
$441,750
Outstanding Balance
$390,840
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$216,871

Purchase Details

Closed on
Sep 6, 2018
Sold by
Moore Craig S
Bought by
Chester Heights Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2014
Sold by
Bank Of New York Mellon Tr
Bought by
Moore Craig M

Purchase Details

Closed on
Dec 3, 2013
Sold by
Rocker Nathan
Bought by
The Bank Of New York Mellon Tr

Purchase Details

Closed on
Feb 9, 2005
Sold by
Lenkerd C A
Bought by
Rocker Nathan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
7.9%
Mortgage Type
New Conventional
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
King Earl R $449,900 --
Chester Heights Llc -- --
Moore Craig M $81,113 --
The Bank Of New York Mellon Tr $71,500 --
Rocker Nathan W $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Earl R $441,750
Previous Owner Chester Heights Llc $600,000
Previous Owner Rocker Nathan W $104,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $449,900 0.0% $237 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $449,900 -5.3% $237 / Sq Ft
04/20/2020 04/20/20 For Sale $475,000 -- $250 / 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 -- $186,240 $72,400 $113,840
2024 -- $195,440 $72,400 $123,040
2023 $4,917 $201,720 $72,400 $129,320
2022 $4,508 $158,480 $49,880 $108,600
2021 $0 $166,240 $48,000 $118,240
2020 $1,304 $125,880 $48,000 $77,880
2019 $975 $94,560 $48,000 $46,560
2018 $690 $94,560 $26,280 $68,280
2017 $410 $102,240 $26,280 $75,960
2016 $324 $32,480 $26,280 $6,200
2014 $314 $68,720 $26,280 $42,440
Source: Public Records

Agents Affiliated with this Home

  • Patrick Peyer

    Seller's Agent in 2020

    Patrick Peyer

    Keller Williams Realty Metro Atlanta

    (404) 564-5560

    2 in this area

    128 Total Sales

    Patrick Peyer
    Section Image
  • Ryan Assad

    Buyer's Agent in 2020

    Ryan Assad

    Keller Williams Realty Atlanta Partners

    (678) 520-8661

    184 Total Sales

    Ryan Assad
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6712152

First Multiple Listing Service (FMLS)

APN: 15-208-04-122

Georgia DeKalb County Atlanta 30317 Edgewood

1224 Wylie St SE, Atlanta, GA

This home is located at 1224 Wylie St SE, Atlanta, GA 30317 since 20 April 2020 and is currently estimated at $607,711, approximately $319 per square foot. This property was built in 1988. 1224 Wylie St SE is a home located in DeKalb County with nearby schools including Toomer Elementary School, King Middle School, and Maynard Holbrook Jackson High School.

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