NOT LISTED FOR SALE

251 Memorial Terrace SE Atlanta, GA 30316

Edgewood Neighborhood

Estimated Value: $502,760 - $571,000

2 Beds
2 Baths
1,074 Sq Ft
$499/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $385,000 $358 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,289/month

Highlights

  • City View
  • No HOA
  • Double Pane Windows
  • Private Lot
  • Breakfast Area or Nook
  • 1-minute walk to Walker Park

About This Home

As of December 2022

This bright and sunny 2 bedroom 2 bath classic 1920's Atlanta Bungalow is completely renovated and ready for you to call it HOME! This charming home is Close to Reynoldstown, Kirkwood, Little 5 Pts and the shopping areas at Edgewood retail district. Walker Park is right across the street for outdoor fun/playground and dog park! Open Floor plan with views to the living and dining room- perfect for entertaining! Additional space rear of kitchen is the perfect office nook for working from home. Stainless Steel Appliances, Granite countertops, Enjoy the front porch and huge fenced in back yard. The rear elevated deck is perfect for grilling and chilling! Large closets for storage and additional storage in basement area. Well behaved pets are allowed with pet deposit. Easy Access to highways to zip anywhere in the city with ease. INCOME QUALIFICATIONS: 3x rent as gross monthly income 700+ credit score. This house is not approved for rental vouchers/sec.8

Last Agent to Rent the Property

Juli St George

Keller Williams Realty License #364586 Listed on: 10/27/2022

Keller Williams Realty

Last Renter's Agent

No Sales Agent

Non-Mls Company License #0

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced
  • Private Lot
  • Garden

Home Design

  • Bungalow
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1-Story Property
  • Roommate Plan
  • Rear Stairs
  • Double Pane Windows
  • Tile Flooring
  • City Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Parking Pad

Location

  • Property is near schools
  • Property is near shops

Schools

  • Toomer Elementary School
  • King Middle School
  • Mh Jackson Jr High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • 12-Month Minimum Lease Term
  • $50 Application Fee

Community Details

Overview

  • No Home Owners Association
  • Brown J F Prop Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Pet Deposit: 200

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1923
  • ArchitecturalStyle: Bungalow/Cottage
  • Levels: One
  • Lot Size Acres: .20
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Refrigerator
  • Bedrooms: 2
  • Basement: Crawl Space
  • Interior Amenities: Rear Stairs, Walk-In Closet(s), Master On Main Level, Roommate Plan
  • Full Bathrooms: 2
  • Flooring: Tile, Other
  • Kitchen Features: Breakfast Area, Kitchen Island
  • Window Features: Double Pane Windows
  • Furnished: Unfurnished

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete, Other
  • ExteriorFeatures: Garden
  • Fencing: Back Yard
  • Lot Features: Private
  • Property Condition: Resale
  • Roof: Composition
  • View: City
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Security Features: Security System, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Playground, Sidewalks, Street Lights, Walk To Schools, Walk To Shopping
  • Application Fee: 50
  • PetsAllowed: Yes

Fee Information

  • Fee Paid: No
  • Association Fee Includes: None

Schools

  • Elementary School: Toomer
  • High School: MH Jackson Jr
  • Middle School: King
  • Elementary School: Toomer
  • Middle School: King
  • High School: MH Jackson Jr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Mar 23, 2020
Sold by
Cyberlyte Investments Llc
Bought by
Taufiq Ekram Bin
Seller's Agent
Diana Uscatu
Atlanta Communities
Buyer's Agent
Keelin Tyler
Atlanta Fine Homes Sotheby's International
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Current Estimated Value
$535,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,440
Avg. Annual Appreciation
5.46%
Original Mortgage
$385,000
Outstanding Balance
$345,334
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$168,773

Purchase Details

Listed on
Oct 23, 2014
Closed on
Mar 26, 2015
Sold by
Robinson Linda R
Bought by
Banks Vickie T and Robinson George A
Seller's Agent
Caleb Hill
Celebrity Properties Realty
Buyer's Agent
Evelyn Epperson
Coldwell Banker Realty
List Price
$100,000
Sold Price
$83,000
Premium/Discount to List
-$17,000
-17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.00%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Robinson George A
Bought by
Robinson Daisy M and Robinson Linda R
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
Taufiq Ekram Bin $385,000 --
Banks Vickie T -- --
Cyberlyte Investments Llc $83,000 --
Robinson Daisy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taufiq Ekram Bin $385,000
Previous Owner Cyberlyte Investments Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Rented $2,450 0.0% --
11/27/2022 11/27/22 Price Changed $2,450 -2.0% $2 / Sq Ft
11/04/2022 11/04/22 Price Changed $2,500 -2.0% $2 / Sq Ft
10/27/2022 10/27/22 For Rent $2,550 0.0% --
03/23/2020 03/23/20 Sold $385,000 0.0% $321 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $385,000 -3.7% $321 / Sq Ft
01/15/2020 01/15/20 For Sale $399,900 +381.8% $333 / Sq Ft
03/26/2015 03/26/15 Sold $83,000 -17.0% $77 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
10/23/2014 10/23/14 For Sale $100,000 -- $93 / 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
2024 -- $202,640 $48,440 $154,200
2023 $4,461 $192,440 $48,440 $144,000
2022 $4,182 $156,320 $12,720 $143,600
2021 $0 $143,160 $12,720 $130,440
2020 $1,558 $150,400 $12,720 $137,680
2019 $762 $73,840 $12,720 $61,120
2018 $676 $33,200 $12,720 $20,480
2017 $327 $33,200 $12,720 $20,480
2016 $551 $55,200 $12,720 $42,480
2014 -- $39,360 $12,720 $26,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10104904

Georgia MLS

APN: 15-177-01-035