NOT LISTED FOR SALE

1723 S Ponce de Leon Ave NE Atlanta, GA 30307

Lake Claire Neighborhood

Estimated Value: $2,711,906

4 Beds
4 Baths
4,000 Sq Ft
$678/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $1,000,000 $250 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $14,864/month

Highlights

  • 1.5 Acre Lot
  • Carriage House
  • Wooded Lot
  • Springdale Park Elementary School Rated A
  • Property is near public transit
  • 3-minute walk to Olmsted Linear Park

About This Home

As of October 2020

Fabulous opportunity in historic Druid Hills. This home sits on a large lot in a great location. The home needs TLC. It is an estate sale.

Last Agent to Sell the Property

GARRY WILMOT

Origins Real Estate License #205554 Listed on: 03/04/2020

Last Buyer's Agent

Renu Lal

Oak Grove Advisors Inc License #346446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1925

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 86x840x140x840
  • Sloped Lot
  • Wooded Lot
  • Garden
  • Back Yard Fenced and Front Yard

Home Design

  • Carriage House
  • Traditional Architecture
  • Fixer Upper
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Decorative Fireplace
  • Private Rear Entry
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Laminate Countertops
  • Laundry in Hall

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Courtyard
  • Patio

Location

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

Schools

  • Springdale Park Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 057 / 01
  • Assessor Parcel Number 15 242 01 057

Community Details

Overview

  • Druid Hills Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,500

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Fixer Upper
  • Year Built: 1925
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Decorative
  • Number Of Fireplaces: 1
  • Appliances: Gas Water Heater, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Cabinets Other, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4000.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Other Structures: Carriage House
  • Construction Materials: Brick 4 Sides
  • Fencing: Back Yard
  • Patio And Porch Features: Patio
  • Exterior Features: Courtyard, Garden, Private Rear Entry

Garage/Parking

  • Parking Features: Driveway, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Trails/Greenway, Public Transportation, Sidewalks, Street Lights
  • Subdivision Complex: Druid Hills

Lot Info

  • Acres: 1.5000
  • Lot: 057
  • Lot Features: Back Yard, Front Yard, Sloped, Wooded
  • Lot Dimensions: 86x840x140x840
  • Parcel Number: 15 242 01 057
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 6500.00
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Springdale Park
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Lal Renu
Bought by
Lal Altaf and Lal Ashima
Current Estimated Value
$2,711,906

Purchase Details

Listed on
Mar 4, 2020
Closed on
Oct 5, 2020
Sold by
Tamas Edward F Estate
Bought by
Lal Renu and Lal Altaf
Seller's Agent
GARRY WILMOT
Origins Real Estate
Buyer's Agent
Renu Lal
Oak Grove Advisors Inc
List Price
$1,700,000
Sold Price
$1,000,000
Premium/Discount to List
-$700,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.84%
Original Mortgage
$1,400,000
Interest Rate
2.9%
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
Lal Altaf -- --
Lal Renu $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lal Renu $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $1,000,000 -21.8% $250 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $1,278,000 -14.8% $320 / Sq Ft
04/06/2020 04/06/20 Price Changed $1,500,000 -11.8% $375 / Sq Ft
03/04/2020 03/04/20 For Sale $1,700,000 -- $425 / 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 $7,192 $617,960 $468,480 $149,480
2024 $34,247 $799,960 $657,200 $142,760
2023 $34,247 $799,960 $657,200 $142,760
2022 $7,571 $799,960 $657,200 $142,760
2021 $7,571 $799,960 $657,200 $142,760
2020 $406 $457,974 $374,800 $83,174
2019 $192 $457,974 $374,800 $83,174
2018 $1,818 $457,974 $374,800 $83,174
2017 $2,792 $457,974 $374,800 $83,174
2016 $2,419 $457,974 $374,800 $83,174
2014 $1,698 $457,974 $374,800 $83,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6690415

First Multiple Listing Service (FMLS)

APN: 15-242-01-057