NOT LISTED FOR SALE

1377 Ormewood Ave SE Atlanta, GA 30316

East Atlanta Neighborhood

Estimated Value: $427,000 - $740,000

2 Beds
1 Bath
1,007 Sq Ft
$585/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $200,000 $199 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $3,312/month

Highlights

  • Bungalow
  • 1-Story Property
  • Level Lot

About This Home

As of March 2020

East Atlanta Investment Opportunity. Spacious 2 Bedroom 1 Bath Bungalow with Hardwood Floors, Fireplace, Separate Dining Area and Bonus Room. Sold As-Is and Ready for Repairs - Lots of Rehabs in the Area. Walking Distance to East Atlanta Village

Last Agent to Sell the Property

Jeffry Peargin

HomeSmart License #241047 Listed on: 10/25/2019

HomeSmart

Last Buyer's Agent

ReShanda Seymour

HomeSmart License #367851

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,121

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Bungalow

Interior Spaces

  • 1,007 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Community Details

  • East Atlanta Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 15 176 02 079

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,121

Year Built

Built in 1940

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: Resale
  • Year Built: 1940
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1007.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Electric: None

Condo/Co-op/Association

  • Home Warranty: Yes
  • Subdivision Complex: East Atlanta

Lot Info

  • Acres: 0.2000
  • Lot Features: Level
  • Parcel Number: 15 176 02 079
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2121.00
  • 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

Closed on
Jul 8, 2022
Sold by
Davey Kirk
Bought by
J & K General Contracting Llc
Current Estimated Value
$589,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2019
Closed on
Mar 16, 2020
Sold by
Parkwood Living Llc
Bought by
Davey Kirk
Seller's Agent
Jeffry Peargin
HomeSmart
Buyer's Agent
ReShanda Seymour
HomeSmart
List Price
$214,500
Sold Price
$200,000
Premium/Discount to List
-$14,500
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%

Purchase Details

Closed on
Mar 28, 2019
Sold by
Mcevoy Stuart Kelley
Bought by
Parkwood Living Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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
J & K General Contracting Llc -- --
Davey Kirk $200,000 --
Parkwood Living Llc $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed J & K General Contracting Llc $350,000
Previous Owner Parkwood Living Llc $181,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $200,000 -4.8% $199 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/12/2020 02/12/20 Price Changed $210,000 -2.1% $209 / Sq Ft
12/17/2019 12/17/19 For Sale $214,500 0.0% $213 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/18/2019 11/18/19 Price Changed $214,500 -0.2% $213 / Sq Ft
10/25/2019 10/25/19 For Sale $215,000 -- $214 / 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 $2,748 $236,160 $44,000 $192,160
2024 $2,241 $224,080 $44,000 $180,080
2023 $2,241 $115,000 $44,000 $71,000
2022 $1,011 $106,800 $44,000 $62,800
2021 $757 $80,000 $39,800 $40,200
2020 $766 $73,920 $44,000 $29,920
2019 $28 $85,480 $23,800 $61,680
2018 $210 $101,440 $23,800 $77,640
2017 $333 $84,440 $23,800 $60,640
2016 $315 $71,560 $23,800 $47,760
2014 $137 $44,600 $23,840 $20,760
Source: Public Records

Agents Affiliated with this Home

  • Jeffry Peargin

    Seller's Agent in 2020

    Jeffry Peargin

    HomeSmart

    (415) 885-9248

    1 in this area

    120 Total Sales

    Jeffry Peargin
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6637327

First Multiple Listing Service (FMLS)

APN: 15-176-02-079

Georgia DeKalb County Atlanta 30316 East Atlanta

1377 Ormewood Ave SE, Atlanta, GA

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