NOT LISTED FOR SALE

261 Powell St SE Atlanta, GA 30316

Cabbagetown Neighborhood

Estimated Value: $321,000 - $456,000

2 Beds
1 Bath
1,038 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2014

Last sale price $120,000 $116 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $2,291 / mo

168 Days on Market

Highlights

  • Carriage House
  • Ceiling height of 10 feet on the main level
  • 1-Story Property
  • 2 Fireplaces
  • Laundry Room
  • Fenced

About This Home

As of April 2014

Don't miss this opportunity to have one of the biggest properties in fabulous cabbagetown. The property features two small structures: an original duplex bungalow, an unfinished two storey garage, and a GIANT side yard. Gravel alley is an active shared right-of-way that provides easy access to back of property. Private buyers are invited to turn this property into a dream home. Savvy investors could convert existing into high income producing rental. Property is Sold AS-IS.

Last Agent to Sell the Property

Farida Lalani

Virtual Properties Realty.Net, LLC. License #254359 Listed on: 09/24/2013

Virtual Properties Realty.Net, LLC.

Last Buyer's Agent

Chuck McClain

Sanders RE, LLC License #262938

Sanders RE, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $317

Year Built

  • Built in 1920

Lot Details

  • Fenced
  • Level Lot

Home Design

  • Carriage House
  • Bungalow
  • Composition Roof

Interior Spaces

  • 1,038 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 10 feet on the main level
  • 2 Fireplaces
  • Decorative Fireplace
  • Crawl Space
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Shower Only

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 261PowellST

Home Details

Home Type

Single Family

Est. Annual Taxes

$317

Year Built

Built in 1920

Lot Details

10,716 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Condition: Resale
  • Year Built: 1920
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Decorative
  • Number Of Fireplaces: 2
  • Appliances: Gas Range, Gas Water Heater
  • Interior Amenities: High Ceilings 10 ft Main
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Other
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1038.00

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

  • Other Structures: Carriage House
  • Roof Type: Composition
  • Fencing: Fenced

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Master Association Fee Frequency: Annually

Lot Info

  • Lot: 163
  • Lot Features: Level
  • Lot Dimensions: 139 deep x 77 wide
  • Parcel Number: 261PowellST
  • Property Attached Yn: No

Tax Info

  • Taxes: 317.00
  • Tax Year: 2012

MLS Schools

  • Elementary School: Fulton - Other
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2022
Sold by
Watkins Mitchell
Bought by
Stewart Sandra J
Current Estimated Value
$392,533

Purchase Details

Listed on
Sep 24, 2013
Closed on
Apr 28, 2014
Sold by
Zaitsev Arseni
Bought by
Watkins Mitcheel P and Stewart Sandra J
Seller's Agent
Farida Lalani
Virtual Properties Realty.Net, LLC.
Buyer's Agent
Chuck McClain
Sanders RE, LLC
List Price
$135,900
Sold Price
$120,000
Premium/Discount to List
-$15,900
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$151,178
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2013
Sold by
Henry Robert L
Bought by
Zaitsev Arseni

Purchase Details

Closed on
Jul 8, 2009
Sold by
Henry Robert L
Bought by
Henry Robert L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stewart Sandra J -- --
Watkins Mitcheel P $120,000 --
Zaitsev Arseni $110,600 --
Henry Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins Mitcheel P $151,178
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $120,000 -11.7% $116 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
09/24/2013 09/24/13 For Sale $135,900 -- $131 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $2,701 $110,000 $51,600 $58,400
2023 $2,701 $84,680 $51,600 $33,080
2022 $2,966 $73,280 $46,520 $26,760
2021 $2,883 $71,160 $45,200 $25,960
2020 $2,822 $68,880 $45,080 $23,800
2019 $491 $68,880 $45,080 $23,800
2018 $4,928 $119,040 $75,160 $43,880
2017 $2,072 $47,980 $17,860 $30,120
2016 $2,078 $47,980 $17,860 $30,120
2015 $2,576 $47,980 $17,860 $30,120
2014 $2,354 $51,920 $19,320 $32,600
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2014

    Farida Lalani

    Virtual Properties Realty

    (678) 770-5790

    32 Total Sales

    Farida Lalani
    Section Image
  • Chuck McClain

    Buyer's Agent in 2014

    Chuck McClain

    Sanders RE, LLC

    (404) 217-0925

    5 Total Sales

    Chuck McClain
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5200767

First Multiple Listing Service (FMLS)

APN: 14-0020-0010-081-5

Georgia Fulton County Atlanta 30316 Cabbagetown

261 Powell St SE, Atlanta, GA

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