$150,000
SOLD MAR 21, 2018
0.27 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

100% Above List Price

3 Days on Market

About This Lot

As of December 2019

Awesome new construction opportunity! Buy one lot or buy both. 1948 Second Ave. and 1979 Cogar Drive can be bundled together for a discount. 2 great lots right on the corner of Second Ave and Cogar Drive, in the heart of East Lake Terrace. Lots can easily be rezoned for townhomes, even commercial and we have the attorney to do it for you. Or, you can build single family new constructions for $350k a pop. Check documents section for land survey and boundary survey.

Last Agent to Sell the Property

Kara Lyness

HomeSmart License #360819 Listed on: 02/20/2018

HomeSmart

Last Buyer's Agent

Jennifer Butler

NorthGroup Real Estate Inc License #361004

NorthGroup Real Estate Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $207

Schools

  • Ronald E Mcnair Elementary School
  • Mcnair Middle School
  • Mcnair High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • East Lake Terrace Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$207

Lot Details

0

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Property Sub-Type: Residential Lot
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Golf, Street Lights

Schools

  • Elementary School: Ronald E McNair
  • High School: Mcnair
  • Middle School: Mcnair
  • Elementary School: Ronald E McNair
  • Middle School: Mcnair
  • High School: Mcnair

Lot Info

  • Zoning Description: Single Family

Tax Info

  • Year: 2014
  • Tax Annual Amount: 207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Morant Construction Inc
Bought by
Mcpherson Michael
Current Estimated Value
$687,162

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 30, 2019
Sold by
Morant Construction Inc
Bought by
James Sara E and James Scott
Seller's Agent
Kay Davies
HomeSmart
Buyer's Agent
Joanne Parcells
Keller Knapp
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$423,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2018
Closed on
Feb 5, 2019
Sold by
Cogar Atl Holdings Llc
Bought by
Morant Construction Inc
Seller's Agent
Jennifer Butler
NorthGroup Real Estate
Buyer's Agent
Carol Williams
Atlanta Communities
List Price
$125,000
Sold Price
$96,500
Premium/Discount to List
-$28,500
-22.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
480.72%
Source: Public Records

Similar Property in Decatur, GA

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    • Land
    • 0.24 Acre
    • $662,500 per Acre
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    • Decatur, GA

    Great level building lot in White Oak Hills - topographical survey available. Excellent location for Intown new construction - whether you are looking to build a spec house or a custom home, this sizable lot allows for many options. Adjacent to both the City of Decatur and the City of Atlanta, you get all the location feels without the taxes.

    Chrissie Kallio Atlanta Fine Homes Sotheby's International

    Section Image

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 Type Sale Price Title Company
Limited Warranty Deed -- --
Limited Warranty Deed $470,000 --
Limited Warranty Deed $193,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $423,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $470,000 0.0% $167 / Sq Ft
12/12/2019 12/12/19 Off Market $470,000 -- --
12/11/2019 12/11/19 Pending -- -- --
11/21/2019 11/21/19 Price Changed $485,000 -4.9% $172 / Sq Ft
11/04/2019 11/04/19 Price Changed $510,000 -2.9% $181 / Sq Ft
10/17/2019 10/17/19 For Sale $525,000 +444.0% $186 / Sq Ft
02/05/2019 02/05/19 Sold $96,500 -12.3% --
01/11/2019 01/11/19 Pending -- -- --
12/18/2018 12/18/18 Price Changed $110,000 -4.3% --
11/23/2018 11/23/18 Price Changed $115,000 -4.2% --
11/14/2018 11/14/18 Price Changed $120,000 -4.0% --
10/30/2018 10/30/18 For Sale $125,000 -16.7% --
03/21/2018 03/21/18 Sold $150,000 +100.0% --
02/25/2018 02/25/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $75,000 -- --
Source: Georgia MLS

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
2023 $8,153 $266,880 $68,960 $197,920
2022 $7,044 $219,800 $64,000 $155,800
2021 $6,513 $196,800 $64,000 $132,800
2020 $6,256 $185,360 $64,000 $121,360
2019 $277 $6,320 $6,320 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8328919

Georgia MLS

APN: 15-172-08-036