NOT LISTED FOR SALE

261 Southerland Terrace NE Atlanta, GA 30307

Lake Claire Neighborhood

Estimated Value: $1,030,736 - $1,288,000

5 Beds
3.5 Baths
3,000 Sq Ft
$388/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $850,000 $283 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,881/month

Highlights

  • Media Room
  • Dining Room Seats More Than Twelve
  • Deck
  • Mary Lin Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Property is near public transit

About This Home

As of November 2020

Historic 3-story on huge lot in Lake Claire by the LC Pool. Called "Home Beautiful" in 1926 for being the "most attractive residence in the 12th Ward", this big, bright home blends history & charm w/tasteful updates. Main: Big kitchen w/island & exposed brick, new powder room, sunroom, formal dining & huge living rooms. Upstairs: Huge owner's BR w/new bath + 2 big BRs w/shared bath. Terrace: Guest suite, huge family room, laundry room & tons of unfinished space for future expansion/storage. Inlaid oak & heart pine floors, high ceilings, grand rooms. This one has it all!

Last Agent to Sell the Property

Chad Polazzo

RE/MAX Metro Atlanta Cityside License #295507 Listed on: 08/14/2020

RE/MAX Metro Atlanta Cityside

Last Buyer's Agent

Chip Ivie

Compass License #169670

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,561

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x200
  • Fenced
  • Landscaped
  • Level Lot
  • Private Yard
  • Garden
  • Back and Front Yard

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 10 feet on the lower level
  • Decorative Fireplace
  • Gas Log Fireplace
  • Private Rear Entry
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 5 Fireplaces
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Media Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub and Shower Combination in Primary Bathroom

Finished Basement

  • Interior and Exterior Basement Entry
  • Garage Access
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Courtyard
  • Deck

Schools

  • Mary Lin Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows
  • Property is near public transit

Community Details

  • Lake Claire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15 211 01 072

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,561

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 1920
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Decorative, Gas Log, Gas Starter, Living Room, Master Bedroom
  • Number Of Fireplaces: 5
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Water Heater, Microwave
  • Interior Amenities: High Ceilings 10 ft Main, High Ceilings 10 ft Lower, High Ceilings 10 ft Upper, Entrance Foyer, Low-Flow Fixtures
  • Basement: Daylight, Driveway Access, Exterior Entry, Finished Bath, Finished, Interior Entry
  • Kitchen Features: Cabinets White, Solid Surface Counters, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story, Living Room, Media Room, Office, Sun Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3000.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Lower Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Exterior Features: Garden, Private Yard, Private Rear Entry, Courtyard

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking Features: Driveway, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s), Security System Owned
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Basement, Laundry Room
  • Utilities: Cable Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Public Transportation, Sidewalks, Street Lights
  • Subdivision Complex: Lake Claire

Lot Info

  • Acres: 0.3000
  • Lot Features: Back Yard, Level, Landscaped, Private, Front Yard
  • Lot Dimensions: 75x200
  • Parcel Number: 15 211 01 072
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 7561.00
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mary Lin
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Nov 6, 2020
Sold by
Holmes Sarah E
Bought by
Bejar Joel and Bejar Landis
Seller's Agent
Chad Polazzo
RE/MAX Metro Atlanta Cityside
Buyer's Agent
Chip Ivie
Compass
List Price
$889,900
Sold Price
$850,000
Premium/Discount to List
-$39,900
-4.48%
Current Estimated Value
$1,164,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,434
Avg. Annual Appreciation
6.54%
Original Mortgage
$680,000
Outstanding Balance
$600,163
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$564,271

Purchase Details

Listed on
Feb 28, 2016
Closed on
Mar 31, 2016
Sold by
Willingham John F
Bought by
Holmes Sarah E and Holmes Matthew J
Seller's Agent
Harvin Greene
Dorsey Alston Realtors
Buyer's Agent
Chad Polazzo
RE/MAX Metro Atlanta Cityside
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$399,750
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Ripley Peter
Bought by
Willingham John F and Willingham Margaret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Leone Steve J
Bought by
Ripley Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2003
Sold by
John Willis Homes Inc
Bought by
Ripley Steve J and Ripley Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2003
Sold by
Culley Jennifer R
Bought by
John Willis Hms Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
5.43%
Mortgage Type
New Conventional
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
Bejar Joel $850,000 --
Holmes Sarah E $615,000 --
Willingham John F $460,000 --
Ripley Peter $495,000 --
Ripley Steve J $406,700 --
John Willis Hms Inc $370,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bejar Joel $680,000
Previous Owner Holmes Sarah E $399,750
Previous Owner Holmes Sarah E $123,000
Previous Owner Willingham John F $276,000
Previous Owner Ripley Peter $415,000
Previous Owner Ripley Steve J $366,000
Previous Owner John Willis Hms Inc $298,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $850,000 -2.8% $283 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $874,900 -1.7% $292 / Sq Ft
08/14/2020 08/14/20 For Sale $889,900 +44.7% $297 / Sq Ft
03/31/2016 03/31/16 Sold $615,000 +2.5% $274 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
02/28/2016 02/28/16 For Sale $599,900 -- $267 / 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
2025 -- $360,840 $100,440 $260,400
2024 -- $349,320 $100,440 $248,880
2023 $9,054 $342,160 $100,440 $241,720
2022 $8,604 $301,880 $98,080 $203,800
2021 $187 $288,800 $98,080 $190,720
2020 $187 $261,600 $36,624 $224,976
2019 $90 $261,600 $36,624 $224,976
2018 $731 $283,760 $37,880 $245,880
2017 $1,167 $245,968 $35,288 $210,680
2016 $930 $210,920 $37,880 $173,040
2014 $669 $194,960 $37,880 $157,080
Source: Public Records

Agents Affiliated with this Home

  • Chad Polazzo

    Seller's Agent in 2020

    Chad Polazzo

    RE/MAX Metro Atlanta Cityside

    (404) 226-7199

    10 in this area

    167 Total Sales

    Chad Polazzo
    Section Image
  • Chip Ivie

    Buyer's Agent in 2020

    Chip Ivie

    Compass

    (404) 454-5729

    65 Total Sales

    Chip Ivie
    Section Image

  • H

    Seller's Agent in 2016

    Harvin Greene

    Dorsey Alston Realtors

    (404) 314-4212

    4 in this area

    68 Total Sales

    Harvin Greene
    Section Image
  • Stephanie Marinac

    Seller Co-Listing Agent in 2016

    Stephanie Marinac

    Dorsey Alston Realtors

    (404) 863-4213

    1 in this area

    58 Total Sales

    Stephanie Marinac
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6773111

First Multiple Listing Service (FMLS)

APN: 15-211-01-072

Georgia DeKalb County Atlanta 30307 Lake Claire

261 Southerland Terrace NE, Atlanta, GA

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