NOT LISTED FOR SALE

1767 Mclendon Ave NE Atlanta, GA 30307

Lake Claire Neighborhood

Estimated Value: $665,000 - $910,000

4 Beds
2 Baths
2,318 Sq Ft
$341/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $495,000 $214 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,417/month

Highlights

  • Golf Course Community
  • Property is near public transit
  • Park
  • Mary Lin Elementary School Rated A-
  • Tennis Courts
  • Restaurant

About This Home

As of January 2016

Great Location with Plenty of Character in Lake Claire Between Downtown Atlanta and Decatur. Walk to Candler Park Shops, Eateries and Parks from This Great Live/Rent Investment Opportunity. Quaint Duplex,that is Easily Rented and Rarely Vacant or Can Easily be Converted to a Single Family Home. Each Unit Features a 2 Bedroom, 1 Bath, Hardwood Floors, Laundry Room, Separate Dining Room, Living Room with Fireplace, 2 Entry Ways, and Screened Porches. Tenant Occupied Downstairs Month to Month. Upstairs Leased Through November 2016

Last Agent to Sell the Property

JERRILYN LEVETAN

NOT A VALID MEMBER License #141073 Listed on: 11/22/2015

Last Buyer's Agent

Ken Price

RE/MAX Around Atlanta Realty License #206401

RE/MAX Around Atlanta Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,691

Year Built

  • Built in 1930

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway Level

Location

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

Schools

  • Mary Lin Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15 211 04 276

Community Details

Overview

  • 2 Units
  • Lake Claire Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,691

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1930
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Fenced

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Level Driveway, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Golf Course, Near Marta, Near Schools, Near Shopping, Park, Playground, Public Transportation, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
  • Subdivision Complex: Lake Claire

Lot Info

  • Acres: 0.3300
  • Lot Features: Level
  • Parcel Number: 15 211 04 276
  • Property Attached Yn: No

Tax Info

  • Taxes: 7691.00
  • Tax Year: 2015

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Mary Lin
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2015
Closed on
Jan 28, 2016
Sold by
Schaper Adam Richard
Bought by
Seither Ranee J and Siebenaler John J
Seller's Agent
JERRILYN LEVETAN
NOT A VALID MEMBER
Buyer's Agent
Ken Price
RE/MAX Around Atlanta Realty
List Price
$514,900
Sold Price
$495,000
Premium/Discount to List
-$19,900
-3.86%
Current Estimated Value
$790,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,683
Avg. Annual Appreciation
4.92%
Original Mortgage
$371,250
Outstanding Balance
$296,033
Interest Rate
4.04%
Mortgage Type
Commercial
Estimated Equity
$494,650

Purchase Details

Closed on
Oct 11, 2011
Sold by
Kabbenjian Ohaness
Bought by
Schaper Adam Richard and Clarke Ashley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2001
Sold by
Gordon Jacqueline M
Bought by
Kabbenjian Ohaness and Kabbenjian Kristin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.11%
Mortgage Type
New Conventional
Source: Public Records

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
Seither Ranee J $495,000 --
Schaper Adam Richard $300,000 --
Kabbenjian Ohaness $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seither Ranee J $371,250
Previous Owner Schaper Adam Richard $240,000
Previous Owner Kabbenjian Ohaness $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2016 01/28/16 Sold $495,000 -3.9% $214 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
11/22/2015 11/22/15 For Sale $514,900 0.0% $222 / Sq Ft
08/29/2014 08/29/14 For Rent $1,450 0.0% --
08/29/2014 08/29/14 Rented $1,450 -- --
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 $3,094 $265,880 $65,400 $200,480
2024 $2,565 $256,480 $65,400 $191,080
2023 $2,565 $258,920 $65,400 $193,520
2022 $2,021 $213,520 $63,880 $149,640
2021 $2,139 $226,040 $63,880 $162,160
2020 $2,231 $215,280 $63,880 $151,400
2019 $2,292 $222,200 $31,800 $190,400
2018 $2,004 $205,080 $31,800 $173,280
2017 $1,856 $188,200 $31,800 $156,400
2016 $1,665 $166,880 $31,800 $135,080
2014 $437 $164,240 $31,800 $132,440
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    JERRILYN LEVETAN

    NOT A VALID MEMBER

    Section Image
  • Ken Price

    Buyer's Agent in 2016

    Ken Price

    RE/MAX

    (404) 786-8295

    52 Total Sales

    Ken Price
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5621362

First Multiple Listing Service (FMLS)

APN: 15-211-04-276

Georgia DeKalb County Atlanta 30307 Lake Claire

1767 Mclendon Ave NE, Atlanta, GA

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