NOT LISTED FOR SALE

1550 Olympian Way SW Atlanta, GA 30310

Westview Neighborhood

Estimated Value: $305,000 - $833,000

4 Beds
2 Baths
3,602 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $509,250 $141 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,301/month

7 Days on Market

Highlights

  • Property is near public transit
  • Central Air
  • Heating Available
  • Four Sided Brick Exterior Elevation
  • Level Lot

About This Home

As of November 2019

Beautiful classic brick tudor Quadruplex in the HOT Westview neighborhood. This beautifully renovated building has two spacious 2BR/1BA units and two Studio units. All mechanical systems replaced in 2011. Tenants pay Electricity and Owner pays Water and Garbage. Off street parking. Highly desirable location near West End and the Beltline. Easy to manage and easy to rent. Perfect for an owner occupant looking to start a rental portfolio. Turnkey apartment buildings like this one are a rare find!

Last Listed By

Shelley Dieter

Ansley Real Estate| Christie's International Real Estate License #366873 Listed on: 08/30/2019

Ansley Real Estate| Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $175

Year Built

  • Built in 1935

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Quadruplex
  • Composition Roof
  • Cement Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Insulated Windows
  • Carbon Monoxide Detectors

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near the Beltline

Schools

  • Tuskegee Airman Global Academy Elementary School
  • Sylvan Hills Middle School
  • Booker T. Washington High School

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Cable TV Available

Community Details

  • 4 Units
  • Westview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 015000090109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$175

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1935
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Brick 4 Sides, Cement Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Separate Meters
  • Heating: Electric, Separate Meters
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Marta, Near Schools, Public Transportation, Sidewalks
  • Subdivision Complex: Westview

Schools

  • Elementary School: Tuskegee Airman Global Academy
  • Middle School: Sylvan Hills
  • High School: Booker T. Washington

Lot Info

  • Acres: 0.2500
  • Land/Lot: 150
  • Deed Book: 50336
  • Deed Page: 00511
  • Lot Features: Level
  • Parcel Number: 14 015000090109
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 175.00
  • Assessor Parcel Number: 14-0150-0009-010-9
  • Close Date: 2019-11-12
  • Tax Year: 2018

MLS Schools

  • Elementary School: Tuskegee Airman Global Academy
  • High School: Booker T. Washington
  • Middle School: Sylvan Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Nov 12, 2019
Sold by
Federal Dobbs Llc
Bought by
Metzger Jennifer Anne
Seller's Agent
Shelley Dieter
Ansley Real Estate| Christie's International Real Estate
Buyer's Agent
Jen Metzger
Atlanta Fine Homes Sotheby's International
List Price
$499,000
Sold Price
$509,250
Premium/Discount to List
$10,250
2.05%
Total Days on Market
7
Current Estimated Value
$651,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,324
Avg. Annual Appreciation
4.55%
Original Mortgage
$381,937
Outstanding Balance
$337,430
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$314,144

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
Metzger Jennifer Anne $509,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metzger Jennifer Anne $381,937
Previous Owner Federal Dobbs Llc $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $509,250 +2.1% $141 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $499,000 -- $139 / 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 $7,843 $189,440 $39,280 $150,160
2022 $6,886 $166,320 $19,400 $146,920
2021 $8,043 $166,320 $19,400 $146,920
2020 $6,886 $166,320 $19,400 $146,920
2019 $1,277 $21,080 $21,080 $0
2018 $1,192 $4,200 $4,200 $0
2017 $132 $4,040 $4,040 $0
2016 $175 $4,040 $4,040 $0
2015 $149 $4,040 $4,040 $0
2014 $183 $4,040 $4,040 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6610112

First Multiple Listing Service (FMLS)

APN: 14-0150-0009-010-9