NOT LISTED FOR SALE

1509 Mercer Way Decatur, GA 30035

Estimated Value: $209,000 - $234,000

3 Beds
3 Baths
1,089 Sq Ft
$204/Sq Ft Est. Value

Last Sold June 11, 2015

Last sale price $79,000 $73 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,531/month

Highlights

  • Property is near public transit
  • Ranch Style House
  • 1 Fireplace
  • Private Lot
  • Wood Flooring
  • Bonus Room

About This Home

As of June 2015

3 BEDROOM, 2 BATH RANCH, WITH A BONUS ROOM (COULD BE USED AS A 4TH BEDROOM/DEN) IN A GREAT NEIGHBORHOOD. COMPLETELY RENOVATED AND MOVE IN READY. ALL NEW APPLIANCES. ALL NEW WOODEN FLOORS AND CARPET. FRESH PAINT AND A HUGE FENCED IN PRIVATE BACKYARD. CLOSE TO HIGHWAY AND PUBLIC TRANSPORTATION. MUST CLOSE WITH SELLER'S AYTTORNEY

Last Agent to Sell the Property

Juanita Nicks-Batts

HomeOwnership.com License #284510 Listed on: 03/31/2015

Last Buyer's Agent

Michelle Johnson

HomeSmart License #244531

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 85 x150
  • Fenced
  • Private Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Ranch Style House

Interior Spaces

  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • L-Shaped Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Rowland Elementary School
  • Mary Mcleod Bethune Middle School
  • Towers High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 81 / E
  • Assessor Parcel Number 15 194 03 005

Community Details

Overview

  • Heatherwood North Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1968
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Refrigerator
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Breakfast Bar, Cabinets Other, Eat-in Kitchen, Laminate Counters, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room
  • Dining Room Features: Dining L

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 3
  • Master Bathroom Features: Soaking Tub, Tub/Shower Combo

Exterior Features

  • Fencing: Fenced

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: In Kitchen, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping, Playground, Public Transportation
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: HEATHERWOOD NORTH

Schools

  • Elementary School: Rowland
  • Middle School: Mary McLeod Bethune
  • High School: Towers

Lot Info

  • Lot: 81
  • Lot Features: Level, Private
  • Lot Dimensions: 85 X150
  • Parcel Number: 15 194 03 005
  • Property Attached Yn: No

Tax Info

  • Taxes: 1097.00
  • Assessor Parcel Number: 15-194-03-005
  • Close Date: 2015-06-11
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Rowland
  • High School: Towers
  • Middle School: Mary McLeod Bethune

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jun 11, 2015
Sold by
Spratley Jenier
Bought by
Williams Tremayne J
Seller's Agent
Juanita Nicks-Batts
HomeOwnership.com
Buyer's Agent
Michelle Johnson
HomeSmart
List Price
$79,000
Sold Price
$79,000
Current Estimated Value
$222,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,171
Avg. Annual Appreciation
10.54%
Original Mortgage
$76,630
Outstanding Balance
$59,710
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$162,461

Purchase Details

Listed on
Jan 20, 2015
Closed on
Feb 13, 2015
Sold by
Initiative For Affordable Hous
Bought by
Spratley Jenier and Spratley Rodney
Seller's Agent
Candace Fuqua
Avenue Realty
Buyer's Agent
Candace Fuqua
Avenue Realty
List Price
$39,900
Sold Price
$38,000
Premium/Discount to List
-$1,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
884.60%

Purchase Details

Closed on
Apr 23, 2010
Sold by
Jp Morgan Chase Bk
Bought by
Initiative For Affordable Hous

Purchase Details

Closed on
Apr 1, 2010
Sold by
Washington Mutual Bk
Bought by
Jp Morgan Chase Bk

Purchase Details

Closed on
Nov 3, 2009
Sold by
Washington Mutual Bk
Bought by
Jp Morgan Chase Bk

Purchase Details

Closed on
May 27, 2003
Sold by
Peactree Tu Inc
Bought by
Freedom Quest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,080
Interest Rate
5.3%

Purchase Details

Closed on
Jul 2, 2002
Sold by
Washington Mutual Bank
Bought by
Sec Of Hud
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
Williams Tremayne J $79,000 --
Spratley Jenier $38,000 --
Initiative For Affordable Hous -- --
Jp Morgan Chase Bk -- --
Jp Morgan Chase Bk $20,100 --
Freedom Quest $79,000 --
Peachtree Trust Inc -- --
Sec Of Hud -- --
Washington Mutual Bank Fa $111,343 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Tremayne J $76,630
Previous Owner Peachtree Trust Inc $87,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2015 06/11/15 Sold $79,000 0.0% $73 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $79,000 +107.9% $73 / Sq Ft
02/13/2015 02/13/15 Sold $38,000 -4.8% $35 / Sq Ft
01/20/2015 01/20/15 For Sale $39,900 -- $37 / 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
2024 $4,234 $86,440 $14,000 $72,440
2023 $4,234 $78,520 $14,000 $64,520
2022 $3,505 $71,960 $12,000 $59,960
2021 $2,234 $43,000 $3,880 $39,120
2020 $1,992 $37,480 $3,880 $33,600
2019 $1,918 $35,800 $3,880 $31,920
2018 $1,445 $32,280 $3,880 $28,400
2017 $1,495 $26,040 $3,880 $22,160
2016 $768 $9,520 $3,880 $5,640
2014 $1,097 $16,560 $3,880 $12,680
Source: Public Records

Agents Affiliated with this Home

  • Candace Fuqua

    Seller's Agent in 2015

    Candace Fuqua

    Avenue Realty

    (770) 912-9003

    89 Total Sales

    Candace Fuqua
    Section Image
  • Juanita Nicks-Batts

    Seller's Agent in 2015

    Juanita Nicks-Batts

    HomeOwnership.com

    (678) 437-5431

    95 Total Sales

    Juanita Nicks-Batts
    Section Image
  • Earl Burdette

    Seller Co-Listing Agent in 2015

    Earl Burdette

    Avenue Realty

    (404) 434-9948

    44 Total Sales

    Earl Burdette
    Section Image
  • Michelle Johnson

    Buyer's Agent in 2015

    Michelle Johnson

    HomeSmart

    (404) 566-0249

    27 Total Sales

    Michelle Johnson
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5516893

First Multiple Listing Service (FMLS)

APN: 15-194-03-005

Georgia DeKalb County Decatur 30035

1509 Mercer Way, Decatur, GA

This home is located at 1509 Mercer Way, Decatur, GA 30035 since 31 March 2015 and is currently estimated at $222,171, approximately $204 per square foot. This property was built in 1968. 1509 Mercer Way is a home located in DeKalb County with nearby schools including Rowland Elementary School, Mary McLeod Bethune Middle School, and Towers High School.

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