NOT LISTED FOR SALE

320 Martin Luther King jr Dr SE Unit 7 Atlanta, GA 30312

Oakland Neighborhood

Estimated Value: $410,058 - $506,000

2 Beds
1.5 Baths
1,633 Sq Ft
$250/mo HOA Fee

Last Sold May 06, 2016

Last sale price $297,000 $182 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,949/month

Highlights

  • Open-Concept Dining Room
  • 4-minute walk to King Memorial
  • Deck
  • Midtown High School Rated A+
  • No Units Above
  • Property is near public transit

About This Home

As of May 2016

Rare opportunity to own a 2 bd 1.5 bath loft in historic Crown Candy Factory. Huge Square Footage! Updated kitchen w/lots of cabinets, & solid counters. Spacious living / dining combo w/gleaming hardwood floors. Office space, pantry & storage closet. 2 private bedrooms and a full bathroom upstairs. Both bedrooms have abundant closet space. Enjoy your morning coffee on a walk-out balcony, roof deck, or the peaceful courtyard. Covered, assigned parking. Secure entry. Walk to restaurants, shops and Marta. Green space development in progress across the street.

Last Agent to Sell the Property

SANDRA M SMITH

NOT A VALID MEMBER License #341383 Listed on: 03/30/2016

Co-Listed By

GERALD LOWREY

NOT A VALID MEMBER License #327506

Last Buyer's Agent

Adrian Smith

Century 21 Novus Realty License #316897

Century 21 Novus Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1927

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,633 Sq Ft Home
  • Beamed Ceilings
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Open-Concept Dining Room
  • Home Office
  • Loft
  • Open Access

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on lower level

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck

Location

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

Schools

  • Martin L. King Jr. Middle School
  • Midtown High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14 004500080901

Community Details

Overview

  • 22 Units
  • Cma/Brian Ball Association, Phone Number (404) 835-9100
  • Secondary HOA Phone (404) 835-9100
  • Crown Candy Subdivision
  • Rental Restrictions

Amenities

  • Restaurant

Recreation

  • Park

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,835

Year Built

Built in 1927

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Loft, Traditional
  • Property Condition: Resale
  • Year Built: 1927
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, High Ceilings 10 ft Main, High Ceilings 10 ft Upper
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Pantry, Solid Surface Counters, Wine Rack
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Additional Rooms: Loft, Office
  • Dining Room Features: Open Concept
  • Square Footage: 1633.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Split Bedroom Plan
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Patio And Porch Features: Deck

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Covered, Garage Door Opener, On Street

Utilities

  • Security: Fire Alarm, Fire Sprinkler System, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Lower Level, In Hall
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Reserve Fund, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Marta, Park, Public Transportation, Restaurant
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9100
  • Management Company Email: bball@cmacommunities.com
  • Management Phone: 404-835-9100
  • Subdivision Complex: Crown Candy

Association/Amenities

  • Number Of Units In Community: 22
  • Management Company: CMA/Brian Ball

Schools

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

Lot Info

  • Deed Book: 27025
  • Deed Page: 204
  • Parcel Number: 14 004500080901
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 2835.00
  • Assessor Parcel Number: 14-0045-0008-090-1
  • Close Date: 2016-05-06
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 6, 2016
Sold by
Jacobsen Alan L
Bought by
Adams Walter Douglas and Fricks Alexander Barlett
Seller's Agent
SANDRA M SMITH
NOT A VALID MEMBER
Buyer's Agent
Adrian Smith
Century 21 Novus Realty
List Price
$297,000
Sold Price
$297,000
Current Estimated Value
$454,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,265
Avg. Annual Appreciation
4.61%
Original Mortgage
$222,750
Outstanding Balance
$176,919
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$277,346

Purchase Details

Closed on
Sep 24, 1999
Sold by
Crown Candy Lofts
Bought by
Stephens Kirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,700
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1999
Sold by
Crown Candy Lofts Lp
Bought by
Jacobsen Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,260
Interest Rate
7.23%
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
Adams Walter Douglas $297,000 --
Stephens Kirk $178,800 --
Jacobsen Alan L $170,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Walter Douglas $222,750
Previous Owner Stephens Kirk $159,700
Previous Owner Jacobsen Alan L $162,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $297,000 0.0% $182 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $297,000 -- $182 / 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 $3,375 $154,560 $27,160 $127,400
2023 $7,058 $170,480 $27,400 $143,080
2022 $4,167 $170,480 $27,400 $143,080
2021 $302 $191,240 $27,400 $163,840
2020 $3,776 $154,960 $20,440 $134,520
2019 $240 $152,240 $20,080 $132,160
2018 $4,439 $148,680 $19,640 $129,040
2017 $2,816 $94,000 $25,320 $68,680
2016 $2,824 $94,000 $25,320 $68,680
2015 $2,879 $94,000 $25,320 $68,680
2014 $2,952 $94,000 $25,320 $68,680
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    SANDRA M SMITH

    NOT A VALID MEMBER

    Section Image

  • G

    Seller Co-Listing Agent in 2016

    GERALD LOWREY

    NOT A VALID MEMBER

    Section Image
  • Adrian Smith

    Buyer's Agent in 2016

    Adrian Smith

    Century 21 Novus Realty

    (678) 877-0484

    60 Total Sales

    Adrian Smith
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5667855

First Multiple Listing Service (FMLS)

APN: 14-0045-0008-090-1

Georgia Fulton County Atlanta 30312 Oakland

320 Martin Luther King jr Dr SE Unit 7, Atlanta, GA

This home is located at 320 Martin Luther King jr Dr SE Unit 7, Atlanta, GA 30312 since 30 March 2016 and is currently estimated at $454,265, approximately $278 per square foot. This property was built in 1927. 320 Martin Luther King jr Dr SE Unit 7 is a home located in Fulton County with nearby schools including The John Hope-Charles Walter Hill Elementary Schools, Midtown High School, and Wesley International Academy.

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