NOT LISTED FOR SALE

1803 Cambridge Ave Atlanta, GA 30337

Estimated Value: $418,000 - $544,000

3 Beds
2 Baths
2,691 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 07, 2020

Last sale price $245,000 $91 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,934/month

Highlights

  • Storm Windows
  • Attic Fan
  • Level Lot
  • 1-Story Property
  • Central Heating

About This Home

As of May 2020

Location Location Location !! These 4 Units are conveniently located in the center of the Historic District of College Park. Walk to shopping, restaurants, public transportation. Minutes to Atlanta Airport, Woodward Academy, Marta Train Station, FAA Hdqts. Porcha Hdqts.
Rents below market increase possible. Tenants want to remain. Must have 24 hour notice to view Tenants in place

Last Agent to Sell the Property

Deborah Cupp

Intown Focus Realty, LLC. License #140829 Listed on: 03/27/2020

Last Buyer's Agent

Gregory Swartzberg

Resurgens Residential, LLC. License #347042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Attic Fan
  • Storm Windows

Schools

  • College Park Elementary School
  • Woodland - Fulton Middle School
  • Banneker High School

Utilities

  • Central Heating
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • Historic College Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 015900050393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,040

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1920
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Storm Window(s)

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Attic Fan
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Historic College Park

Lot Info

  • Acres: 0.2863
  • Lot Features: Level
  • Lot Dimensions: 100 x
  • Parcel Number: 14 015900050393
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2040.00
  • Tax Year: 2019

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: College Park
  • High School: Banneker
  • Middle School: Woodland - Fulton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Lunsford Family Properties Llc
Bought by
Greenflower 22A Llc
Current Estimated Value
$491,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,349,500
Outstanding Balance
$5,456,144
Interest Rate
5.7%
Mortgage Type
Mortgage Modification
Estimated Equity
-$4,964,883

Purchase Details

Closed on
Mar 8, 2022
Sold by
Swartzberg Gregory Milton
Bought by
Lunsford Family Properties Llc

Purchase Details

Listed on
Mar 27, 2020
Closed on
May 7, 2020
Sold by
Stephenson Joe W
Bought by
Swartzberg Gregory Milton and Swartzberg Barbara
Seller's Agent
Deborah Cupp
Intown Focus Realty, LLC.
Buyer's Agent
Gregory Swartzberg
Resurgens Residential, LLC.
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$183,750
Interest Rate
3.3%
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
Greenflower 22A Llc -- --
Lunsford Family Properties Llc $450,000 --
Swartzberg Gregory Milton $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenflower 22A Llc $7,349,500
Previous Owner Swartzberg Gregory Milton $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2020 05/07/20 Sold $245,000 -2.0% $91 / Sq Ft
05/02/2020 05/02/20 For Sale $250,000 0.0% $93 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $250,000 -- $93 / 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 $4,205 $139,600 $45,520 $94,080
2023 $4,312 $152,760 $59,240 $93,520
2022 $3,428 $130,280 $27,640 $102,640
2021 $2,659 $98,000 $13,560 $84,440
2020 $2,569 $92,440 $14,280 $78,160
2019 $922 $73,080 $14,000 $59,080
2018 $2,015 $71,400 $13,680 $57,720
2017 $2,004 $68,680 $13,160 $55,520
2016 $2,004 $68,680 $13,160 $55,520
2015 $2,879 $68,680 $13,160 $55,520
2014 $1,233 $40,240 $11,080 $29,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6702844

First Multiple Listing Service (FMLS)

APN: 14-0159-0005-039-3