NOT LISTED FOR SALE

1969 Jones Ave NW Atlanta, GA 30318

Grove Park Neighborhood

Estimated Value: $424,000 - $499,000

6 Beds
6 Baths
2,916 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $125,500 $43 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $2,807/month

Highlights

  • 0.5 Acre Lot
  • Corner Lot
  • Heating Available
  • Property is near public transit

About This Home

As of May 2018

This is a GREAT Investment property. One unit is rehabbed already. Located just minutes away from Midtown and Downtown Atlanta. Not far from the new Mercedes stadium and near the Atlanta Beltline. This duplex is a side by side townhomes, huge three bedroom two bathroom in each unit. Good property for rental income, buy and hold. There is a tenant in one unit and the other unit is almost rent ready. It only needs minor make-ready work on it .

Last Agent to Sell the Property

Jenarda Makupson

Virtual Properties Realty. Biz License #371190 Listed on: 01/18/2018

Virtual Properties Realty. Biz

Last Buyer's Agent

Mercille Adams

Hester Group REALTORS License #363387

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,129

Year Built

  • Built in 2003

Lot Details

  • 0.5 Acre Lot
  • Corner Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Location

  • Property is near public transit
  • Property is near schools

Schools

  • William M.Boyd Elementary School
  • Frederick Douglass High School

Utilities

  • Heating Available

Community Details

  • 2 Units
  • Jones Ave Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 17 0226 LL0292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,129

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 2003
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Electric

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation
  • Subdivision Complex: Jones Ave

Lot Info

  • Acres: 0.5000
  • Lot: 4
  • Lot Features: Corner Lot
  • Lot Dimensions: 0.566
  • Parcel Number: 17 0226 LL0292
  • Property Attached Yn: No

Tax Info

  • Taxes: 1129.00
  • Tax Year: 2016

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: William M.Boyd
  • High School: Frederick Douglass
  • Middle School: Fulton - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
May 4, 2018
Sold by
Blue
Bought by
Collier John P
Seller's Agent
Jenarda Makupson
Virtual Properties Realty. Biz
Buyer's Agent
Mercille Adams
Hester Group REALTORS
List Price
$135,000
Sold Price
$125,500
Premium/Discount to List
-$9,500
-7.04%
Current Estimated Value
$452,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,725
Avg. Annual Appreciation
18.69%
Original Mortgage
$86,250
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2014
Sold by
Performer Holdings Llc
Bought by
Blue And Black Llc and Jones Trust

Purchase Details

Closed on
Apr 30, 2013
Sold by
Grinmard Ii Llc
Bought by
Performer Holdings Llc

Purchase Details

Closed on
Nov 17, 2008
Sold by
Avelo Mortgage Llc
Bought by
Grinmard Group Inc

Purchase Details

Closed on
May 1, 2007
Sold by
Willis Joseph M
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
Jun 21, 2006
Sold by
Willis Joseph M
Bought by
Knj Ents Inc

Purchase Details

Closed on
Feb 7, 2006
Sold by
Lidge Latanya
Bought by
Willis Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Muhammad Bilai
Bought by
Lewis Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2003
Sold by
Metropolitan Home Builders Inc
Bought by
Muhammad Bilal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.95%
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
Collier John P $125,500 --
Blue And Black Llc $72,715 --
Performer Holdings Llc $41,464 --
Grinmard Group Inc $51,000 --
Avelo Mortgage Llc $299,900 --
Knj Ents Inc -- --
Willis Joseph M $360,000 --
Lewis Karen $350,000 --
Muhammad Bilal $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Collier John P $86,250
Previous Owner Willis Joseph M $288,000
Previous Owner Lewis Karen $280,000
Previous Owner Muhammad Bilal $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $125,500 -7.0% $43 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $135,000 0.0% $46 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $135,000 0.0% $46 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $135,000 -- $46 / 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 $5,152 $170,200 $53,200 $117,000
2023 $6,041 $145,920 $76,480 $69,440
2022 $5,905 $145,920 $76,480 $69,440
2021 $6,128 $151,280 $84,520 $66,760
2020 $5,024 $122,640 $42,320 $80,320
2019 $959 $60,920 $26,880 $34,040
2018 $1,222 $29,520 $6,840 $22,680
2017 $1,126 $26,080 $6,240 $19,840
2016 $1,129 $26,080 $6,240 $19,840
2015 $2,137 $26,080 $6,240 $19,840
2014 -- $16,560 $7,960 $8,600
Source: Public Records

Agents Affiliated with this Home

  • Jenarda Makupson

    Seller's Agent in 2018

    Jenarda Makupson

    Virtual Properties Realty.BIZ

    (424) 420-6650

    17 Total Sales

    Jenarda Makupson
    Section Image
  • Mercille Adams

    Buyer's Agent in 2018

    Mercille Adams

    Hester Group REALTORS

    (770) 215-5931

    1 in this area

    46 Total Sales

    Mercille Adams
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5952859

First Multiple Listing Service (FMLS)

APN: 17-0226-LL-029-2

Georgia Fulton County Atlanta 30318 Grove Park

1969 Jones Ave NW, Atlanta, GA

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