NOT LISTED FOR SALE

320 M l King jr Dr SE Unit 16 Atlanta, GA 30312

Oakland Neighborhood

Estimated Value: $338,151 - $403,000

1 Bed
2 Baths
1,185 Sq Ft
$314/Sq Ft Est. Value

Last Sold March 30, 2015

Last sale price $232,000 $196 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,277/month

23 Days on Market

Highlights

  • Gated Community
  • 4-minute walk to King Memorial
  • Property is walking distance to MARTA
  • Midtown High School Rated A+
  • Dining Room Seats More Than Twelve
  • Den

About This Home

As of March 2015

Searching for a True Loft? Here's your RARE Opportunity to live in the Crown Candy Lofts! This remarkable loft features: large casement windows, brick accent walls, hardwood floors throughout, unique beam wood ceilings, modern open floor plan w/ sleek kitchen & neutral paint, stainless steel appliances, 2-full bathrooms, walk in closets & over abundance of storage, and 2-parking spaces (1-garage & 1-uncovered). And an unbelievable location : 1-Block from Oakland Cemetery, on northern edge of Grant Park, blocks from the Atlanta Beltline and the nightlife on Edgewood!

Last Agent to Sell the Property

Shannon Makaila

Compass License #259953 Listed on: 02/17/2015

Compass

Last Buyer's Agent

Nichole Beroset

Keller Williams Atlanta Midtown License #234279

Keller Williams Atlanta Midtown

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,600

Year Built

  • 1917

Lot Details

  • 1,176

Home Design

  • Slab Foundation

Interior Spaces

  • 1,185 Sq Ft Home
  • Living Room
  • Dining Room Seats More Than Twelve
  • Den

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Hope Hill / Atlanta City / Fulton County Elementary School
  • Inman / Atlanta City / Fulton County Middle School
  • Grady / Atlanta City / Fulton County High School

Utilities

  • Programmable Thermostat

Community Details

  • Property has a Home Owners Association
  • Security
  • Gated Community

Property Details

Home Type

Other

Est. Annual Taxes

$2,600

Year Built

1917

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1917

Interior Features

  • Basement: Slab/None
  • Equipment: Smoke/Fire Alarm, Fire Sprinkler
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Icemaker Line, Built-In Microwave, Refrigerator
  • Interior Amenities: Cable In Street, Cable TV Connections, Exposed Beams, 2 Story Foyer, Garden Tub, Hardwood Floors, Recently Renovated, Walk-in Closet
  • Laundry Location: Hall
  • Laundry Type: Closet
  • Kitchen / Breakfast: Breakfast Bar, Island, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 1185

Exterior Features

  • Construction: Brick 4 Sided
  • Exterior Features: Deck/Patio, Gas Grill
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: 1 Car, 2 Car, Assigned Space, Auto Garage Door, Garage, Guest Parking

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Central
  • Energy Features: Programmable Thermostat
  • Water/Sewer: Public Water

Association/Amenities

  • Amenities: Gated Community, Neighborhood Association, Security, Sidewalks, Street Lights, Walk To Marta, Walk To Shopping

Condo/Co-op/Association

  • Fees Include: Pest Control/Termite, Reserve Fund
  • Building Access: Card/Code Access, Gated

Schools

  • Elementary School: Hope Hill / Atlanta City / Fulton County, GA
  • Elementary Bus Line: No
  • High School: Grady / Atlanta City / Fulton County, GA
  • High School Bus: No
  • Middle School: Inman / Atlanta City / Fulton County, GA
  • Middle School Bus: No

Lot Info

  • Lot Description: City View
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2015
Closed on
Mar 30, 2015
Sold by
Farokhi Amir
Bought by
Schmidt Megan
Seller's Agent
Shannon Makaila
Compass
Buyer's Agent
Nichole Beroset
Keller Williams Atlanta Midtown
List Price
$235,000
Sold Price
$232,000
Premium/Discount to List
-$3,000
-1.28%
Current Estimated Value
$378,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,168
Avg. Annual Appreciation
4.90%
Original Mortgage
$220,400
Outstanding Balance
$171,554
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$209,750
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
Schmidt Megan $232,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Megan $220,400
Previous Owner Farokhi Amir $176,500
Previous Owner Farokhi Amir $186,000
Previous Owner Farokhi Amir $21,500
Previous Owner Price Chad $166,000
Previous Owner Price Chad $144,000
Previous Owner Price Chad A $148,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2015 03/30/15 Sold $232,000 -1.3% $196 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $235,000 -- $198 / 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
2025 $2,600 $121,840 $19,720 $102,120
2023 $5,298 $127,960 $17,440 $110,520
2022 $3,378 $127,960 $17,440 $110,520
2021 $3,865 $151,160 $19,880 $131,280
2020 $3,220 $122,640 $14,840 $107,800
2019 $240 $120,520 $14,600 $105,920
2018 $4,872 $117,680 $14,240 $103,440
2017 $4,008 $92,800 $23,200 $69,600
2016 $4,018 $92,800 $23,200 $69,600
2015 $1,985 $73,400 $18,360 $55,040
2014 $2,018 $73,400 $18,360 $55,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07405252

Georgia MLS

APN: 14-0045-0008-099-2