NOT LISTED FOR SALE

1979 East Ave NW Atlanta, GA 30318

Grove Park Neighborhood

Estimated Value: $394,000 - $515,000

6 Beds
6 Baths
2,916 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $55,000 $19 Per Sq Ft

Est. 712% increase in value since last sale

Current estimated payment $2,722/month

462 Days on Market

About This Home

As of January 2016

Bank Owned - very good income producer. Needs fixing up - 2 units

Last Agent to Sell the Property

Brian Shinn

Hurdle Brokerage, Inc. License #271618 Listed on: 09/29/2014

Last Buyer's Agent

Muchugia Machua

Savoia Realty License #214127

Savoia Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,476

Year Built

  • 2002

Lot Details

  • 10,716

Home Design

  • Slab Foundation

Interior Spaces

  • 2,916 Sq Ft Home
  • Combination Dining and Living Room

Additional Features

  • Property is walking distance to MARTA
  • Sewer in Street

Listing and Financial Details

  • Legal Lot and Block 1 / E

Property Details

Home Type

Other

Est. Annual Taxes

$4,476

Year Built

2002

Lot Details

0

Listing Details

  • District: 17
  • Special Features: 20
  • Year Built: 2002

Interior Features

  • Main Level Half Bathrooms: 2
  • Basement: Slab/None
  • Interior Amenities: Cable In Street, Cable TV Connections
  • Above Grade Finished Sq Ft: 2916

Exterior Features

  • Construction: Aluminum/Vinyl

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric
  • Heating: Central
  • Water/Sewer: Public Water, Sewer In Street

Association/Amenities

  • Amenities: Street Lights, Walk To Marta

Lot Info

  • Lot Description: Open Land
  • Land Lot: 226
  • Lot: 1
  • Quadrant: NW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2014
Closed on
Jan 8, 2016
Sold by
Farmers & Merchants Bank
Bought by
Kieti Lynnette
Seller's Agent
Brian Shinn
Hurdle Brokerage, Inc.
Buyer's Agent
Muchugia Machua
Savoia Realty
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%
Current Estimated Value
$446,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,605
Avg. Annual Appreciation
23.69%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Shakir Fareed H
Bought by
Farmers & Merchants Bank

Purchase Details

Closed on
May 22, 2007
Sold by
Graceline Dev Corp Inc
Bought by
Shakir Fareed H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.17%

Purchase Details

Closed on
Nov 16, 2006
Sold by
Fannie Mae
Bought by
Graceline Dev Corp Inc

Purchase Details

Closed on
Mar 1, 2005
Sold by
Mers Inc
Bought by
Fedral Natl Mtg Assoc
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
Kieti Lynnette $55,000 --
Farmers & Merchants Bank -- --
Shakir Fareed H -- --
Graceline Dev Corp Inc -- --
Fedral Natl Mtg Assoc -- --
Mers Inc $253,828 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shakir Fareed H $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $55,000 0.0% $19 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
01/01/2016 01/01/16 Off Market $55,000 -- --
06/09/2015 06/09/15 For Sale $59,000 +7.3% $20 / Sq Ft
06/02/2015 06/02/15 Off Market $55,000 -- --
01/02/2015 01/02/15 For Sale $59,000 +7.3% $20 / Sq Ft
01/01/2015 01/01/15 Off Market $55,000 -- --
09/29/2014 09/29/14 For Sale $59,000 -- $20 / Sq Ft
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
2025 $4,476 $142,520 $38,840 $103,680
2023 $4,985 $120,400 $55,880 $64,520
2022 $4,873 $120,400 $55,880 $64,520
2021 $4,962 $122,480 $59,840 $62,640
2020 $4,316 $105,360 $30,000 $75,360
2019 $492 $51,000 $19,040 $31,960
2018 $1,081 $26,120 $4,840 $21,280
2017 $995 $23,040 $4,440 $18,600
2016 $998 $23,040 $4,440 $18,600
2015 $1,000 $23,040 $4,440 $18,600
2014 $941 $20,760 $8,520 $12,240
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brian Shinn

    Hurdle Brokerage, Inc.

    (678) 485-7723

    19 Total Sales

    Brian Shinn
    Section Image
  • Muchugia Machua

    Buyer's Agent in 2016

    Muchugia Machua

    Savoia Realty

    (484) 350-8152

    1 in this area

    26 Total Sales

    Muchugia Machua
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07342751

Georgia MLS

APN: 17-0226-0001-009-2

Georgia Fulton County Atlanta 30318 Grove Park

1979 East Ave NW, Atlanta, GA

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