NOT LISTED FOR SALE

Estimated Value: $1,083,000 - $1,512,622

6 Beds
3 Baths
3,178 Sq Ft
$421/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $925,000 $291 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,100/month

Highlights

  • 0.75 Acre Lot
  • Property is walking distance to MARTA
  • Restaurant
  • Morningside Elementary School Rated A-
  • Park
  • Forced Air Heating System

About This Home

As of April 2017

Appointment only!!! Do not disturb tenants!! Great 6plex all units are rented. Property Zoned R-4 but, Grandfather legal nonconforming 6 unit apartment building structurally very sound building, Morningside elem. school, centrally located to Midtown, Buckhead, Va/Hi, Emory/CDC, walk to grocery store, bars, restaurants, beltline, Botanical Garden, Piedmont Park, easy access to I-85, Lindbergh Marta Station. Property gross per month is $6800/mo
Great! investment property

Last Agent to Sell the Property

Robert George

Chapman Hall Premier, REALTORS License #177126 Listed on: 01/05/2017

Chapman Hall Premier, REALTORS

Last Buyer's Agent

Rebel Rodgers

Atlanta Communities License #165457

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,660

Year Built

  • Built in 1950

Lot Details

  • 0.75 Acre Lot
  • Level Lot

Home Design

  • Slate Roof

Parking

  • 1 Parking Space
  • Varies By Unit
  • Parking Lot

Location

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

Schools

  • Morningside- 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 17 005600030814

Community Details

Overview

  • 6 Units
  • Morningside Subdivision

Amenities

  • Restaurant

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,660

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Exterior Features

  • Roof Type: Slate

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Parking Lot, Varies by Unit

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Park, Restaurant
  • Subdivision Complex: Morningside

Fee Information

  • Annual Expenses: 16000

Lot Info

  • Acres: 0.7500
  • Lot Features: Level
  • Lot Dimensions: aprox .7 ac
  • Parcel Number: 17 005600030814
  • Property Attached Yn: No

Tax Info

  • Taxes: 9660.00
  • Tax Year: 2015

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Morningside-
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2017
Closed on
Apr 7, 2017
Sold by
Puckett Arthur M
Bought by
Binns Witter Elizabeth
Seller's Agent
Robert George
Chapman Hall Premier, REALTORS
Buyer's Agent
Rebel Rodgers
Atlanta Communities
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%
Current Estimated Value
$1,337,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,874
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
Jun 14, 2002
Sold by
Delta Grp Inc
Bought by
Puckett Arthur M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1997
Sold by
The Delta Group Inc
Bought by
Hohenstein Louis and Hohenstein Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1996
Sold by
Allen Vicky E
Bought by
Ramsey Julian
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
Binns Witter Elizabeth $925,000 --
Puckett Arthur M $650,000 --
Hohenstein Louis $135,000 --
The Delta Group Inc $135,000 --
Ramsey Julian $248,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puckett Arthur M $450,000
Previous Owner The Delta Group Inc $214,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $925,000 -7.0% $291 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $995,000 -- $313 / 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 $12,760 $400,000 $129,440 $270,560
2023 $12,760 $414,000 $129,440 $284,560
2022 $16,755 $414,000 $129,440 $284,560
2021 $17,676 $401,880 $125,640 $276,240
2020 $15,030 $366,880 $156,520 $210,360
2019 $1,398 $360,400 $153,760 $206,640
2018 $9,212 $317,520 $65,640 $251,880
2017 $9,611 $222,520 $45,960 $176,560
2016 $9,635 $222,520 $45,960 $176,560
2015 $11,059 $222,520 $45,960 $176,560
2014 $10,089 $222,520 $45,960 $176,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5790181

First Multiple Listing Service (FMLS)

APN: 17-0056-0003-081-4