NOT LISTED FOR SALE

Estimated Value: $682,414 - $816,000

7 Beds
4 Baths
1,798 Sq Ft
$404/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $422,500 $235 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,466/month

11 Days on Market

Highlights

  • Property is walking distance to MARTA
  • Community Playground
  • Ceiling Fan
  • North Atlanta High School Rated A
  • Park
  • 4-minute walk to Underwood Hills Park

About This Home

As of May 2019

Large old classic bungalow zoned Duplex w/nice front porch. 2 units on main level (both 2 BR 1 BA), plus large finished basement (3 BR, 2 BA) for a total of 7 BR, 4 BA. Community laundry room, upper back hallway, nice deck w/steps down to a double lot (runs from Ridgeway Ave to Springer St), MIGHT could be subdivided but has never been attempted. Sep meters, tankless water heater, Roof 7 yrs, Hardiplank siding, but needs int work if you want to renovate to today's standards. Good rental, great cash flow, excellent location close to Ga Tech, restaurants, I-75!

Last Agent to Sell the Property

Mitch Falkin

RE/MAX Around Atlanta Realty License #132783 Listed on: 03/31/2019

RE/MAX Around Atlanta Realty

Last Buyer's Agent

Mitch Falkin

RE/MAX Around Atlanta Realty License #132783 Listed on: 03/31/2019

RE/MAX Around Atlanta Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,342

Year Built

  • Built in 1948

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 50 x 190
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows

Parking

  • 5 Parking Spaces
  • Driveway

Location

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

Schools

  • E. Rivers Elementary School
  • Willis A. Sutton Middle School
  • North Atlanta High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Radiant Heating System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 17 015200010173

Community Details

Overview

  • 3 Units
  • Underwood Hills Subdivision

Recreation

  • Community Playground
  • Park
  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,342

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1948
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Cement Siding, Frame
  • Roof Type: Composition, Shingle

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Radiant, Space Heater
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping, Near Trails/Greenway, Park, Playground
  • Subdivision Complex: Underwood Hills

Schools

  • Elementary School: E. Rivers
  • Middle School: Willis A. Sutton
  • High School: North Atlanta

Lot Info

  • Acres: 0.2181
  • Lot: 62
  • Land/Lot: 152
  • Lot Features: Level
  • Lot Dimensions: 50 x 190
  • Parcel Number: 17 015200010173
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Tax Info

  • Taxes: 5342.00
  • Assessor Parcel Number: 17-0152-0001-017-3
  • Close Date: 2019-05-24
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: E. Rivers
  • High School: North Atlanta
  • Middle School: Willis A. Sutton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2019
Closed on
May 24, 2019
Sold by
Voit Walter E
Bought by
Orlando Thomas Michael and Carlomusto Raffaella
Seller's Agent
Mitch Falkin
RE/MAX Around Atlanta Realty
Buyer's Agent
Mitch Falkin
RE/MAX Around Atlanta Realty
List Price
$449,900
Sold Price
$422,500
Premium/Discount to List
-$27,400
-6.09%
Current Estimated Value
$726,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,854
Avg. Annual Appreciation
9.07%
Original Mortgage
$200,000
Outstanding Balance
$176,403
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$551,752

Purchase Details

Closed on
Jul 31, 2007
Sold by
Brand Nancy C
Bought by
Voit Walter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
6.56%
Mortgage Type
New Conventional
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
Orlando Thomas Michael $422,500 --
Voit Walter E $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlando Thomas Michael $200,000
Closed Orlando Thomas Michael $200,000
Previous Owner Voit Walter E $328,819
Previous Owner Voit Walter E $280,250
Previous Owner Brand Nancy C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $422,500 -6.1% $235 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/31/2019 03/31/19 For Sale $449,900 -- $250 / 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 $6,189 $234,000 $76,720 $157,280
2023 $8,032 $194,000 $68,760 $125,240
2022 $7,851 $194,000 $68,760 $125,240
2021 $6,846 $204,960 $68,760 $136,200
2020 $6,923 $169,000 $56,680 $112,320
2019 $485 $175,720 $46,200 $129,520
2018 $7,838 $189,320 $18,080 $171,240
2017 $5,342 $123,680 $30,600 $93,080
2016 $5,355 $123,680 $30,600 $93,080
2015 $5,837 $123,680 $30,600 $93,080
2014 $4,875 $107,520 $23,880 $83,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6528558

First Multiple Listing Service (FMLS)

APN: 17-0152-0001-017-3