NOT LISTED FOR SALE

1225 Mcpherson Ave SE Atlanta, GA 30316

East Atlanta Neighborhood

Estimated Value: $303,000 - $455,000

4 Beds
2 Baths
1,200 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $250,000 $208 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,212/month

6 Days on Market

Highlights

  • Deck
  • Cottage
  • Patio
  • Property is walking distance to MARTA
  • Front Porch
  • Living Room

About This Home

As of July 2018

Tremendous investment opportunity in a prime EAV location! Currently a duplex, this 4BR/2BA solid block house sits on a large lot and has tons of potential. Needs some TLC and roof repair but presents a great opportunity to convert into a dynamite single family home or a renovated duplex with income potential. Surrounding homes are being priced in the 600's! Please don't bother tenant in currently occupied unit B. Unit A is able to be shown.

Last Agent to Sell the Property

Marc Takacs

Keller Williams Premier License #272594 Listed on: 05/24/2018

Keller Williams Premier

Last Buyer's Agent

Connie Cousins-Baker

Harry Norman Realtors License #267282

Harry Norman Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,820

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Cottage
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • Burgess-Peterson Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15 177 03 050

Community Details

Recreation

  • Park

Additional Features

  • East Atlanta Village Subdivision
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,820

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: Cottage
  • Property Condition: Resale
  • Year Built: 1930
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Common Walls: No Common Walls
  • Additional Rooms: Living Room, Other
  • Square Footage: 1200.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 4
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Patio

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Park, Restaurant, Sidewalks, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: East Atlanta Village

Schools

  • Elementary School: Burgess-Peterson
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson

Lot Info

  • Acres: 0.2000
  • Lot Features: Level
  • Parcel Number: 15 177 03 050
  • Property Attached Yn: No

Tax Info

  • Taxes: 2820.00
  • Assessor Parcel Number: 15-177-03-050
  • Close Date: 2018-07-30
  • Tax Year: 2017

MLS Schools

  • Elementary School: Burgess-Peterson
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 30, 2018
Sold by
Leach Barbara L
Bought by
Crook Joshua and Jong Erica
Seller's Agent
Marc Takacs
Keller Williams Premier
Buyer's Agent
Connie Cousins-Baker
Harry Norman Realtors
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%
Current Estimated Value
$385,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,008
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Czar Properties Inc
Bought by
Leach Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Fannie Mae
Bought by
Czar Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2002
Sold by
Mtg Electronic Registration Sys
Bought by
Fedl Natl Mtg Assn
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
Crook Joshua $250,000 --
Leach Barbara L $184,000 --
Czar Properties Inc -- --
Fedl Natl Mtg Assn -- --
Mtg Electronic Registration Sys $229,297 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crook Joshua $263,075
Previous Owner Leach Barbara L $147,200
Previous Owner Czar Properties Inc $150,000
Previous Owner Rosenfeld Shelly $214,400
Previous Owner Rosenfield Shelly $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $250,000 +11.1% $208 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $225,000 -- $188 / 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
2023 $1,253 $97,840 $40,000 $57,840
2022 $1,031 $97,840 $40,000 $57,840
2021 $699 $97,840 $40,000 $57,840
2020 $765 $73,840 $40,000 $33,840
2019 $845 $81,880 $18,400 $63,480
2018 $612 $74,200 $18,400 $55,800
2017 $638 $64,680 $18,400 $46,280
2016 $379 $38,000 $18,400 $19,600
2014 $231 $42,840 $18,400 $24,440
Source: Public Records

Agents Affiliated with this Home

  • Marc Takacs

    Seller's Agent in 2018

    Marc Takacs

    Keller Williams Premier

    (706) 237-8125

    15 in this area

    65 Total Sales

    Section Image
  • Connie Cousins-Baker

    Buyer's Agent in 2018

    Connie Cousins-Baker

    Harry Norman Realties

    (404) 324-7973

    4 in this area

    78 Total Sales

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6017163

First Multiple Listing Service (FMLS)

APN: 15-177-03-050

Georgia DeKalb County Atlanta 30316 East Atlanta

1225 Mcpherson Ave SE, Atlanta, GA

This home is located at 1225 Mcpherson Ave SE, Atlanta, GA 30316 since 24 May 2018 and is currently estimated at $385,682, approximately $321 per square foot. This property was built in 1930. 1225 Mcpherson Ave SE is a home located in DeKalb County with nearby schools including Burgess-Peterson Elementary School, King Middle School, and Maynard Holbrook Jackson High School.

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