NOT LISTED FOR SALE

Estimated Value: $703,000 - $763,000

-- Bed
-- Bath
1,930 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $550,000 $285 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,460/month

62 Days on Market

Highlights

  • City View
  • Park
  • Ceiling Fan
  • Property is walking distance to MARTA
  • Restaurant
  • 4-minute walk to Esther Peachy Lefevre Park

About This Home

As of June 2020

Check out the 3D tour! RARE opportunity to own this Carroll St 2-level duplex in the heart of Cabbagetown. Next door to the famous Carroll St Café, this property is zoned Commercial with potential to turn the street-level unit into a Retail business and add a 3rd dwelling in the back. Architectural plans (civil, MEP, and structural) to build out 3rd unit and commercial space included in sale. Approved by the UDC and historic district - a $25,000 value! Currently used as 2 separate AirBnbs with a revenue of up to $6000/mo. All furniture and appliances included in sale. A once-in-a-lifetime opportunity for a creative investor or business owner! New siding, exterior paint job, and back deck.

Last Agent to Sell the Property

Benjamin Benomar

EXP Realty, LLC. License #392694 Listed on: 02/27/2020

EXP Realty, LLC.

Last Buyer's Agent

Stuart Dangar

Engel & Völkers Atlanta License #343400

Engel & Völkers Atlanta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1920

Lot Details

  • 2,073 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • City Views

Location

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

Schools

  • Parkside Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Window Unit Cooling System
  • Electric Air Filter
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 002000040144

Community Details

Overview

  • 2 Units
  • Cabbagetown Subdivision

Amenities

  • Restaurant

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,652

Year Built

Built in 1920

Lot Details

0

Listing Details

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

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Roof Type: Composition
  • Fencing: Back Yard
  • View: City

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Electric Air Filter, Window Unit(s)
  • Heating: Electric
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Marta, Near Schools, Near Shopping, Park, Restaurant, Sidewalks
  • Subdivision Complex: Cabbagetown

Schools

  • Elementary School: Parkside
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson

Lot Info

  • Acres: 0.0476
  • Lot Dimensions: x
  • Parcel Number: 14 002000040144
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1652.00
  • Assessor Parcel Number: 14-0020-0004-014-4
  • Close Date: 2020-06-25
  • Tax Year: 2019

MLS Schools

  • Elementary School: Parkside
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jun 25, 2020
Sold by
Prime Slice I Llc
Bought by
Power Lab Productions Inc
Seller's Agent
Benjamin Benomar
EXP Realty, LLC.
Buyer's Agent
Stuart Dangar
Engel & Völkers Atlanta
List Price
$530,000
Sold Price
$550,000
Premium/Discount to List
$20,000
3.77%
Current Estimated Value
$728,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,248
Avg. Annual Appreciation
5.30%
Original Mortgage
$385,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2018
Sold by
Prime Slice V Llc
Bought by
Prime Slice I Llc

Purchase Details

Closed on
Jul 26, 2018
Sold by
202 Carroll Street Llc
Bought by
Prime Slice V Llc

Purchase Details

Closed on
Feb 1, 2011
Sold by
Meyer Russell J
Bought by
202 Carroll Street Llc

Purchase Details

Closed on
Sep 14, 2010
Sold by
Jenkins Eleanor J
Bought by
Meyer Russell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
4.44%

Purchase Details

Closed on
Jul 21, 2010
Sold by
Roundtree Catherine L
Bought by
Meyer Russell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
4.44%
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
Power Lab Productions Inc $550,000 --
Power Lab Productions Inc $550,000 --
Prime Slice I Llc -- --
Prime Slice V Llc $340,000 --
202 Carroll Street Llc $129,000 --
Meyer Russell J $25,000 --
Meyer Russell J $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Power Lab Productions Inc $342,661
Closed Power Lab Productions Inc $385,000
Previous Owner 202 Carroll Street Llc $110,000
Previous Owner 202 Carroll Street Llc $75,000
Previous Owner Meyer Russell J $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $550,000 0.0% $285 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/19/2020 04/19/20 Price Changed $550,000 +3.8% $285 / Sq Ft
04/19/2020 04/19/20 For Sale $530,000 0.0% $275 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $530,000 -- $275 / 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
2023 $4,834 $144,600 $27,160 $117,440
2022 $6,141 $144,600 $27,160 $117,440
2021 $4,834 $80,840 $27,160 $53,680
2020 $2,686 $65,560 $27,160 $38,400
2019 $1,165 $65,560 $27,160 $38,400
2018 $1,664 $40,200 $27,160 $13,040
2017 $1,736 $40,200 $27,160 $13,040
2016 $1,741 $40,200 $27,160 $13,040
2015 $2,190 $40,200 $27,160 $13,040
2014 $1,823 $40,200 $27,160 $13,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6687398

First Multiple Listing Service (FMLS)

APN: 14-0020-0004-014-4