NOT LISTED FOR SALE

1468 Mercer Ave Atlanta, GA 30337

Estimated Value: $221,000 - $445,000

2 Beds
2 Baths
1,366 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $129,250 $95 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,194/month

27 Days on Market

About This Home

As of June 2018

Brick duplex in heart of College Park. 1/1 each side. Stable long term tenants. Steps to Woodward Academy. Great property for investor or owner/occupant. Sold "as is". Units in good condition with hardwood floors, washer dryer, frige, central hvac.

Last Agent to Sell the Property

Todd Jilot

Chapman Hall Premier, REALTORS License #270271 Listed on: 04/27/2018

Chapman Hall Premier, REALTORS

Last Buyer's Agent

Michael O'Connor

Cornerstone Real Estate Partners, LLC License #371147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1955

Lot Details

  • 0.33

Parking

  • Driveway Level

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Schools

  • Parklane Elementary School
  • Paul D. West Middle School
  • Tri-Cities High School

Additional Features

  • 0.33 Acre Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Historic College Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 013000140966

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,274

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1955
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air

Condo/Co-op/Association

  • Subdivision Complex: Historic College Park

Fee Information

  • Annual Expenses: 2074

Schools

  • Elementary School: Parklane
  • Middle School: Paul D. West
  • High School: Tri-Cities

Lot Info

  • Acres: 0.3300
  • Parcel Number: 14 013000140966
  • Property Attached Yn: No

Multi Family

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

Tax Info

  • Taxes: 1274.00
  • Assessor Parcel Number: 14-0130-0014-096-6
  • Close Date: 2018-06-22
  • Tax Year: 2016

MLS Schools

  • Elementary School: Parklane
  • High School: Tri-Cities
  • Middle School: Paul D. West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jun 22, 2018
Sold by
Prime Slice Iii Llc
Bought by
Ravindra Ajay and Ravindra Malvika Manjunath
Seller's Agent
Todd Jilot
Chapman Hall Premier, REALTORS
Buyer's Agent
Michael O'Connor
Cornerstone Real Estate Partners, LLC
List Price
$164,000
Sold Price
$129,250
Premium/Discount to List
-$34,750
-21.19%
Current Estimated Value
$350,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,550
Avg. Annual Appreciation
12.97%
Original Mortgage
$96,375
Outstanding Balance
$84,052
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$225,454

Purchase Details

Listed on
Mar 26, 2017
Closed on
Apr 19, 2017
Sold by
Marta
Bought by
Prime Slice Iii Llc
Seller's Agent
Susan Ayers
Clickit Realty
Buyer's Agent
Kira Asinas
EXP Realty, LLC.
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.64%

Purchase Details

Closed on
Oct 29, 2004
Sold by
1468 Mercer Avenue Land Tru
Bought by
Glazier Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Dhillon Bobby
Bought by
Norman Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2002
Sold by
Hutto Shannon
Bought by
Dhilion Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
6.77%
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
Ravindra Ajay $129,250 --
Prime Slice Iii Llc $85,000 --
Glazier Carolyn A $113,500 --
Norman Sabrina $145,000 --
Dhilion Bobby $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravindra Ajay $96,375
Previous Owner Glazier Carolyn A $90,800
Previous Owner Norman Sabrina $130,500
Previous Owner Dhilion Bobby $110,500
Previous Owner Hutto Shannon $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $129,250 -10.9% $95 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/20/2018 05/20/18 Price Changed $145,000 -11.6% $106 / Sq Ft
04/27/2018 04/27/18 For Sale $164,000 +92.9% $120 / Sq Ft
04/19/2017 04/19/17 Sold $85,000 -14.1% $62 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $99,000 -- $72 / 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 $3,382 $106,080 $36,680 $69,400
2023 $2,853 $101,080 $34,560 $66,520
2022 $2,604 $98,960 $25,960 $73,000
2021 $2,644 $97,440 $47,600 $49,840
2020 $2,676 $96,280 $47,040 $49,240
2019 $899 $71,280 $10,200 $61,080
2018 $1,573 $55,720 $9,280 $46,440
2017 $1,273 $43,640 $13,280 $30,360
2016 $1,274 $43,640 $13,280 $30,360
2015 $1,829 $43,640 $13,280 $30,360
2014 $1,338 $43,640 $13,280 $30,360
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Todd Jilot

    Chapman Hall Premier, REALTORS

    (404) 377-6565

    60 Total Sales

    Section Image
  • Michael O'Connor

    Buyer's Agent in 2018

    Michael O'Connor

    Cornerstone Real Estate Partners, LLC

    (704) 998-8719

    1 in this area

    25 Total Sales

    Section Image
  • Susan Ayers

    Seller's Agent in 2017

    Susan Ayers

    Clickit Realty

    (678) 344-1600

    5 in this area

    4,108 Total Sales

    Section Image
  • Kira Asinas

    Buyer's Agent in 2017

    Kira Asinas

    EXP Realty, LLC.

    (404) 861-4373

    18 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6002602

First Multiple Listing Service (FMLS)

APN: 14-0130-0014-096-6

Georgia Fulton County Atlanta 30337

1468 Mercer Ave, Atlanta, GA

This home is located at 1468 Mercer Ave, Atlanta, GA 30337 since 27 April 2018 and is currently estimated at $332,277, approximately $243 per square foot. This property was built in 1955. 1468 Mercer Ave is a home located in Fulton County with nearby schools including Parklane Elementary School, Paul D. West Middle School, and Tri-Cities High School.

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