NOT LISTED FOR SALE

293 Connecticut Ave NE Atlanta, GA 30307

Lake Claire Neighborhood

Estimated Value: $1,380,908 - $1,527,000

4 Beds
4 Baths
1,260 Sq Ft
$1,159/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $375,000 $298 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $8,918/month

Highlights

  • 0.5 Acre Lot
  • Property is near public transit
  • Attached Garage
  • Mary Lin Elementary School Rated A-
  • Community Pool
  • Community Playground

About This Home

As of March 2015

Great investment opportunity! Live/rent situation with a large 2 bedroom, 1 bath home on the main level and a 3 bedroom, 1 bath rental on the lower level. Gleaming hardwoods throughout with an eat in kitchen and seperate dining room. Original 1910 charm in the high ceilings, wide base molding and central brick fireplace. Nestled on a lovely, quiet street- walk to Felini's, Flying Biscuit, and Candler Park!

Last Agent to Sell the Property

Scott Riley

Keller Williams Realty Metro Atlanta License #180445 Listed on: 02/08/2015

Keller Williams Realty Metro Atlanta

Last Buyer's Agent

Max BAERMAN

RE/MAX Metro Atlanta License #170955

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 75x199
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Cement Siding

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 293ConnecticutAVENE

Community Details

Overview

  • 2 Units
  • Lake Claire Subdivision

Amenities

  • Restaurant

Recreation

  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,549

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1910
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Cement Siding, Frame

Garage/Parking

  • Parking Features: Attached

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air, Natural Gas

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Park, Playground, Pool, Public Transportation, Restaurant, Sidewalks
  • Subdivision Complex: Lake Claire

Lot Info

  • Acres: 0.5000
  • Lot Features: Level
  • Lot Dimensions: 75x199
  • Parcel Number: 293ConnecticutAVENE
  • Property Attached Yn: No

Tax Info

  • Taxes: 1549.00
  • Tax Year: 2011

Multi Family

  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2015
Closed on
Mar 24, 2015
Sold by
Laurus Holdings Llc
Bought by
Ramgopal Balakrishnan
Seller's Agent
Scott Riley
Keller Williams Realty Metro Atlanta
Buyer's Agent
Max BAERMAN
RE/MAX Metro Atlanta
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$1,460,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,085,227
Avg. Annual Appreciation
13.68%

Purchase Details

Listed on
Apr 25, 2013
Closed on
Jul 24, 2013
Sold by
Grossman Stephanie
Bought by
Laurus Holdings Llc
Seller's Agent
Chad Polazzo
RE/MAX Metro Atlanta Cityside
Buyer's Agent
SCOTT C RILEY
NOT A VALID MEMBER
List Price
$364,900
Sold Price
$346,670
Premium/Discount to List
-$18,230
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$260,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2007
Sold by
Larkin Theresa A
Bought by
Grossman Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2000
Sold by
Ferrell John S
Bought by
Larkin Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1998
Sold by
Zirpoli Ronald
Bought by
Ferrell John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,200
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1997
Sold by
Stephenson Ronald H
Bought by
Zirpoli Ronald

Purchase Details

Closed on
May 27, 1994
Sold by
Goodman William S
Bought by
Stephenson Ronald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
8.52%
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
Ramgopal Balakrishnan $375,000 --
Laurus Holdings Llc $346,670 --
Grossman Stephanie $340,000 --
Larkin Theresa A $268,000 --
Ferrell John S $146,000 --
Zirpoli Ronald $98,000 --
Stephenson Ronald H $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laurus Holdings Llc $260,000
Previous Owner Grossman Stephanie $272,000
Previous Owner Larkin Theresa A $238,000
Previous Owner Ferrell John S $102,200
Previous Owner Stephenson Ronald H $78,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2015 03/24/15 Sold $375,000 -6.0% $298 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
02/08/2015 02/08/15 For Sale $399,000 +15.1% $317 / Sq Ft
07/24/2013 07/24/13 Sold $346,670 -5.0% $151 / Sq Ft View Prior Sale
05/22/2013 05/22/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $364,900 -- $159 / 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 -- $539,560 $161,868 $377,692
2024 -- $528,960 $162,480 $366,480
2023 $14,848 $539,560 $162,480 $377,080
2022 $13,279 $449,560 $162,480 $287,080
2021 $0 $449,560 $162,480 $287,080
2020 $334 $465,560 $162,480 $303,080
2019 $160 $371,560 $96,606 $274,954
2018 $1,005 $371,559 $96,605 $274,954
2017 $2,096 $371,560 $96,606 $274,954
2016 $982 $98,440 $98,440 $0
2014 $1,196 $131,040 $56,000 $75,040
Source: Public Records

Agents Affiliated with this Home

  • Scott Riley

    Seller's Agent in 2015

    Scott Riley

    Keller Williams Realty Metro Atlanta

    (404) 217-6310

    32 Total Sales

    Scott Riley
    Section Image
  • Max BAERMAN

    Buyer's Agent in 2015

    Max BAERMAN

    RE/MAX Metro Atlanta

    (404) 216-4190

    1 in this area

    88 Total Sales

    Max BAERMAN
    Section Image
  • Chad Polazzo

    Seller's Agent in 2013

    Chad Polazzo

    RE/MAX Metro Atlanta Cityside

    (404) 226-7199

    10 in this area

    166 Total Sales

    Chad Polazzo
    Section Image

  • S

    Buyer's Agent in 2013

    SCOTT C RILEY

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5394677

First Multiple Listing Service (FMLS)

APN: 15-211-04-159

Georgia DeKalb County Atlanta 30307 Lake Claire

293 Connecticut Ave NE, Atlanta, GA

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