NOT LISTED FOR SALE

1523 Olympian Way SW Atlanta, GA 30310

Westview Neighborhood

Estimated Value: $323,000 - $466,000

3 Beds
3 Baths
2,352 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $350,000 $149 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,675/month

34 Days on Market

Highlights

  • Second Kitchen
  • Craftsman Architecture
  • Oversized primary bedroom
  • City View
  • Property is walking distance to MARTA
  • Covered patio or porch

About This Home

As of December 2023

Welcome to the incredible investment opportunity at 1523 Olympian Way SW. This unique single-family home has been transformed, and is now presenting itself as a promising triplex, ideal for savvy investors or those looking to capitalize on rental income. The property's layout boasts two main-level one-bedroom, one-bathroom units, each with separate gas and electric utilities, ensuring convenience and independence. Additionally, an unfinished upstairs studio unit, with room for a kitchenette and a full bathroom, offers unlimited potential for customization and expansion. Roof was roof was replaced four years ago and water line was replaced February of this year. Situated in the Westview neighborhood, this fixer-upper property offers more than just potential – it's positioned just moments away from the BeltLine, a hub of recreation, culture, and community connectivity. Residents will relish the vibrant energy of Atlanta's BeltLine while enjoying easy access to parks, trails, and an array of dining and entertainment options. Don't miss this chance to invest in your future and take advantage of the endless possibilities that 1523 Olympian Way SW presents. With its triplex configuration, income-generating units, and proximity to the BeltLine, this property invites visionaries to turn it into a lucrative endeavor. Embrace the opportunity to enhance this space, capitalizing on the thriving rental market, and the allure of the BeltLine lifestyle. ***Tenants in place, please do not disturb***

Last Listed By

Heather Dean

EXP Realty, LLC. License #357483 Listed on: 10/04/2023

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,488

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Private Entrance
  • Chain Link Fence
  • Level Lot
  • Back Yard Fenced and Front Yard

Home Design

  • Craftsman Architecture
  • Brick Foundation
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,352 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet on the main level
  • Decorative Fireplace
  • Wood Frame Window
  • Private Rear Entry
  • Living Room with Fireplace
  • City Views
  • Security Lights

Kitchen

  • Second Kitchen
  • Electric Range
  • Range Hood
  • Tile Countertops
  • Laminate Countertops
  • White Kitchen Cabinets

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Driveway Level
  • On-Street Parking

Outdoor Features

  • Covered patio or porch

Location

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

Schools

  • Tuskegee Airman Global Academy Elementary School
  • Herman J. Russell West End Academy Middle School
  • Booker T. Washington High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • 220 Volts
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8 / B
  • Assessor Parcel Number 14 015000040245

Community Details

Overview

  • Westview Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,488

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: Attached in docs
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 1930
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Fireplace Features: Decorative, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dryer, Electric Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: High Ceilings 9 ft Main
  • Basement: Crawl Space, Dirt Floor, Exterior Entry
  • Kitchen Features: Cabinets White, Laminate Counters, Second Kitchen, Tile Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 2352.00
  • Spa Features: None
  • Window Features: Wood Frames

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master, Split Bedroom Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Back Yard, Chain Link
  • Patio And Porch Features: Covered, Front Porch
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard
  • View: City
  • Foundation: Brick/Mortar, Pillar/Post/Pier

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Level Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Lights
  • Cooling: Central Air, Window Unit(s)
  • Heating: Central, Electric
  • Laundry Features: In Kitchen
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Sidewalks, Street Lights
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Westview

Schools

  • Elementary School: Tuskegee Airman Global Academy
  • Middle School: Herman J. Russell West End Academy
  • High School: Booker T. Washington

Lot Info

  • Acres: 0.2000
  • Lot: 8
  • Land/Lot: 150
  • Plat Book: 10
  • Plat Page: 60
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Dimensions: 8800
  • Parcel Number: 14 015000040245
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5488.00
  • Assessor Parcel Number: 14-0150-0004-024-5
  • Close Date: 2023-12-01
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Tuskegee Airman Global Academy
  • High School: Booker T. Washington
  • Middle School: Herman J. Russell West End Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Dec 1, 2023
Sold by
Casciano Nancy
Bought by
Lotus 720 Properties Llc
Seller's Agent
Heather Dean
EXP Realty, LLC.
Buyer's Agent
andre grantacquah
Black Opal Realty, Inc.
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Total Days on Market
34
Views
70
Current Estimated Value
$378,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,000
Avg. Annual Appreciation
5.30%
Original Mortgage
$350,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 1, 2021
Sold by
Casciano Nancy
Bought by
Casciano Nancy and Todd Joan
Seller's Agent
'Cha' Chia-Chun Hsu
Keller Williams Realty Atl Partners
Buyer's Agent
Elizabeth Moody
NOT A VALID MEMBER
List Price
$314,990
Sold Price
$339,000
Premium/Discount to List
$24,010
7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$271,200
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2016
Sold by
Southern State Investments Llc
Bought by
Lotus 2014 Dynasty Trust

Purchase Details

Closed on
Jun 16, 2009
Sold by
Lsf6 Mercury Reo Invs Llc
Bought by
Ronemus Dev Llc

Purchase Details

Closed on
Oct 16, 2008
Sold by
Cit Group Of Consumer Finance
Bought by
Lsf6 Mercury Reo Invs Llc

Purchase Details

Closed on
Jan 8, 2008
Sold by
Taylor Paul D
Bought by
Cit Group Of Consumer Finance

Purchase Details

Closed on
Jan 18, 2007
Sold by
Shaw Family Trust
Bought by
Taylor Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
10.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2006
Sold by
Shaw Greg
Bought by
Shaw Family Trust

Purchase Details

Closed on
Apr 3, 2003
Sold by
Paragon Asset Management Llc
Bought by
Shaw Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.82%

Purchase Details

Closed on
Jan 20, 1995
Sold by
Andrews W J
Bought by
B F D Inv Inc

Purchase Details

Closed on
Sep 29, 1994
Sold by
Clements Hazel
Bought by
Sterling Lev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,950
Interest Rate
8.46%

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
Lotus 720 Properties Llc $350,000 --
Casciano Nancy $339,000 --
Todd Joan $339,000 --
Lotus 2014 Dynasty Trust $128,000 --
Southern State Investments Llc $110,000 --
Ronemus Dev Llc $15,000 --
Lsf6 Mercury Reo Invs Llc $134,800 --
Cit Group Of Consumer Finance $236,043 --
Taylor Paul D $275,000 --
Shaw Family Trust -- --
Shaw Gregory $125,000 --
B F D Inv Inc $20,000 --
Sterling Lev $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lotus 720 Properties Llc $350,000
Previous Owner Casciano Nancy $271,200
Previous Owner Taylor Paul D $233,750
Previous Owner Shaw Gregory $123,000
Previous Owner Sterling Lev $26,950
Closed Sterling Lev $3,850
Closed B F D Inv Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $350,000 -6.7% $149 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $375,000 +10.6% $159 / Sq Ft
09/01/2021 09/01/21 Sold $339,000 +7.6% $144 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $314,990 -- $134 / 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 $6,713 $162,160 $37,200 $124,960
2022 $5,488 $135,600 $31,080 $104,520
2021 $2,722 $67,200 $16,360 $50,840
2020 $2,519 $61,480 $18,000 $43,480
2019 $485 $37,640 $18,360 $19,280
2018 $1,780 $43,000 $12,840 $30,160
2017 $923 $21,360 $3,160 $18,200
2016 $925 $21,360 $3,160 $18,200
2015 $1,791 $21,360 $3,160 $18,200
2014 $260 $21,360 $3,160 $18,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7284931

First Multiple Listing Service (FMLS)

APN: 14-0150-0004-024-5