NOT LISTED FOR SALE

1587 Terry Mill Rd SE Unit 36 Atlanta, GA 30316

East Lake Neighborhood

Estimated Value: $484,000 - $811,000

2 Beds
1 Bath
750 Sq Ft
$874/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $150,000 $200 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $3,754/month

23 Days on Market

Highlights

  • Property is near public transit
  • Country Kitchen
  • Bungalow
  • Wooded Lot
  • Cooling Available
  • 1-Story Property

About This Home

As of February 2021

East Lake a neighborhood on the east side of Atlanta home of the PGA's Annual Tour Championship. Best return for this 2 bedroom/1 bath 1930's bungalow is a complete teardown and bring back the amenities and appeal of today's buyer. Homes in the area sell approx. $300-600K. No HOA. See this home today & write a contract tonight!

Last Agent to Sell the Property

Deborah Blue

Keller Williams Atlanta Midtown License #177732 Listed on: 12/11/2020

Keller Williams Atlanta Midtown

Co-Listed By

MARCUS ROBINSON

Keller Williams Atlanta Midtown License #200563

Last Buyer's Agent

Deborah Blue

Keller Williams Atlanta Midtown License #177732 Listed on: 12/11/2020

Keller Williams Atlanta Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,702

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Fixer Upper
  • Brick Frame

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Country Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit

Schools

  • Ronald E Mcnair Elementary School
  • Mcnair Middle School
  • Mcnair High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • East Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 36 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,702

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 15
  • Year Built: 1930
  • ArchitecturalStyle: Brick/Frame, Bungalow/Cottage
  • Co List Office: KWAM01
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .20
  • Property Sub-Type: Single Family Residence
  • Total Finished Area2: 750
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Bedrooms: 2
  • Basement: Crawl Space
  • Total Finished Sq Ft: 750
  • Above Grade Finished Sq Ft: 750
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Kitchen Features: Country Kitchen
  • Price Per Square Foot: 233.333

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Lot Features: Level
  • Property Condition: Fixer, Resale

Garage/Parking

  • Parking Features: None, Off Street

Utilities

  • Cooling: Electric, None
  • Heating: Natural Gas, None
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Walk To Public Transit

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ronald E McNair
  • High School: Mcnair
  • High School Bus: Yes
  • Middle School: Mcnair
  • Middle School Bus: Yes
  • Elementary School: Ronald E McNair
  • Middle School: Mcnair
  • High School: Mcnair

Lot Info

  • Land Lot: 174
  • Lot: 36

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2702

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Elektro Power Inc
Bought by
Rouse Karl and Rouse Micheli
Current Estimated Value
$655,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$691,600
Outstanding Balance
$687,768
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$2,088

Purchase Details

Closed on
Apr 12, 2024
Sold by
Agency Residential Inc
Bought by
Elektro Power Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2022
Sold by
Little Dollar Inc
Bought by
Agency Residential Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2021
Sold by
5 Star Marketing Grp Llc
Bought by
Little Dollar Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2020
Closed on
Mar 3, 2021
Sold by
We Are Hands Of Hope Llc
Bought by
5 Star Marketing Grp Llc
Seller's Agent
Deborah Blue
Keller Williams Atlanta Midtown
Buyer's Agent
Deborah Blue
Keller Williams Atlanta Midtown
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.26%

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 22, 2021
Sold by
Paulos Amanuel
Bought by
We Are Hands Of Hope Llc
Seller's Agent
Deborah Blue
Keller Williams Atlanta Midtown
Buyer's Agent
Deborah Blue
Keller Williams Atlanta Midtown
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%

Purchase Details

Closed on
Dec 10, 2020
Sold by
Long River Investments Inc
Bought by
Paulos Amanuel and Bahata Adolis

Purchase Details

Closed on
Aug 2, 2016
Sold by
Stanley
Bought by
Long River Investments Inc

Purchase Details

Closed on
Mar 28, 2005
Sold by
Cornell Stanley
Bought by
Stewart C F and Cornell Stanley

Purchase Details

Closed on
Aug 29, 2000
Sold by
Simon Gregory
Bought by
Cornell Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1997
Sold by
Coleman Joel K
Bought by
Sloane Gregory Simon Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,852
Interest Rate
7.18%
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
Rouse Karl -- --
Elektro Power Inc $537,375 --
Agency Residential Inc $175,000 --
Little Dollar Inc $185,000 --
5 Star Marketing Grp Llc -- --
We Are Hands Of Hope Llc $150,000 --
Paulos Amanuel $80,000 --
Long River Investments Inc $10,100 --
Stewart C F -- --
Cornell Stanley $46,000 --
Sloane Gregory Simon Paul $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouse Karl $691,600
Previous Owner Elektro Power Inc $590,000
Previous Owner Agency Residential Inc $510,000
Previous Owner Little Dollar Inc $160,000
Previous Owner 5 Star Marketing Grp Llc $58,300
Previous Owner Cornell Stanley $61,900
Previous Owner Cornell Stanley $44,300
Previous Owner Cornell Stanley $41,000
Previous Owner Sloane Gregory Simon Paul $31,852
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $150,000 -14.3% $200 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $175,000 -- $233 / Sq Ft
Source: Georgia MLS

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 $2,244 $40,520 $40,520 --
2023 $2,244 $40,520 $40,520 $0
2022 $3,350 $68,040 $32,960 $35,080
2021 $1,768 $32,000 $19,360 $12,640
2020 $2,702 $53,280 $32,000 $21,280
2019 $2,461 $47,800 $12,000 $35,800
2018 $1,644 $37,120 $12,000 $25,120
2017 $1,848 $33,680 $6,320 $27,360
2016 $1,595 $27,880 $6,320 $21,560
2014 $401 $12,040 $3,200 $8,840
Source: Public Records

Agents Affiliated with this Home

  • Deborah Blue

    Seller's Agent in 2021

    Deborah Blue

    Keller Williams Atlanta Midtown

    (678) 390-2583

    4 in this area

    37 Total Sales

    Deborah Blue
    Section Image
  • MARCUS ROBINSON

    Seller Co-Listing Agent in 2021

    MARCUS ROBINSON

    Keller Williams Atlanta Midtown

    (770) 294-8454

    2 in this area

    28 Total Sales

    MARCUS ROBINSON
    Section Image
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Map

Source: Georgia MLS

MLS Number: 8900834

Georgia MLS

APN: 15-174-01-036

Georgia DeKalb County Atlanta 30316 East Lake

1587 Terry Mill Rd SE Unit 36, Atlanta, GA

This home is located at 1587 Terry Mill Rd SE Unit 36, Atlanta, GA 30316 since 11 December 2020 and is currently estimated at $655,828, approximately $874 per square foot. This property was built in 1930. 1587 Terry Mill Rd SE Unit 36 is a home located in DeKalb County with nearby schools including McNair Middle School, McNair High School, and Ivy Preparatory Academy School.

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