NOT LISTED FOR SALE

Estimated Value: $152,000 - $163,000

1 Bed
1 Bath
435 Sq Ft
$147/mo HOA Fee

Last Sold September 19, 2016

Last sale price $96,000 $221 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,144/month

Highlights

  • Open-Concept Dining Room
  • No Units Above
  • Property is near public transit
  • Midtown High School Rated A+
  • City View
  • Traditional Architecture

About This Home

As of September 2016

Wow! This is the one you've been waiting for to come on the market! Updated historical condo in the Heart of Midtown, less than 1/2 Mi from Piedmont Park & Fox Theatre/ Near Ponce City Market & Beltline w/Priv, Deeded Parking Space under 95K!! Light-filled top floor, end unit condo feat HW/tile throughout, crown molding, neutral colors, Renov Kit, new tankless hot water heater, W/D in unit & Upcoming GoogleFiber! Ext features lush courtyard in beautiful, tree-lined n'hood. Walk to shops, restaurants. FHA Approved. Low HOA fees & Taxes!

Last Agent to Sell the Property

Rena Watts

NOT A VALID MEMBER License #352157 Listed on: 08/25/2016

Last Buyer's Agent

Felicia Wofford

NOT A VALID MEMBER License #368709

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1965

Lot Details

  • No Units Above
  • End Unit
  • Landscaped

HOA Fees

  • $147 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 435 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Living Room
  • Open-Concept Dining Room
  • Wood Flooring
  • City Views

Kitchen

  • Gas Range
  • Microwave
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on main level

Home Security

Parking

  • 1 Car Garage
  • Side Facing Garage
  • Parking Lot
  • Deeded Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near shops
  • Property is near the Beltline

Schools

  • Morningside- Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 004800051230

Community Details

Overview

  • 100 Units
  • Community Management Association
  • Secondary HOA Phone (404) 835-9153
  • Mid-Rise Condominium
  • Melrose Park Subdivision
  • Rental Restrictions

Amenities

  • Restaurant

Recreation

  • Park

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,104

Year Built

Built in 1965

Lot Details

0

HOA Fees

$147 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories), Traditional
  • Property Condition: Resale
  • Year Built: 1965
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Disposal, Electric Water Heater, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Interior Amenities: High Ceilings 9 ft Main, High Speed Internet
  • Kitchen Features: Cabinets Stain, Pantry
  • Common Walls: End Unit, No One Above
  • Additional Rooms: Living Room
  • Dining Room Features: Open Concept
  • Square Footage: 435.00

Beds/Baths

  • Total Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 4 Sides
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned, Deeded, Garage Faces Side, Parking Lot

Utilities

  • Security: Fire Alarm, Key Card Entry, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: In Hall, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Termite, Trash, Water
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Beltline, Near Marta, Near Shopping, Park, Public Transportation, Restaurant
  • Association Fee: 147
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: Cfabina@cmacommunities.com
  • Management Phone: 404-835-9153
  • Subdivision Complex: Melrose Park

Association/Amenities

  • Number Of Units In Community: 100
  • Management Company: Community Management

Schools

  • Elementary School: Morningside-
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Land/Lot: 48 & 49
  • Deed Book: 26912
  • Deed Page: 001-0
  • Plat Book: 11
  • Plat Page: 86-88
  • Lot Features: Landscaped
  • Parcel Number: 14 004800051230
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 1104.00
  • Assessor Parcel Number: 14-0048-0005-123-0
  • Close Date: 2016-09-19
  • Tax Year: 2015

MLS Schools

  • Elementary School: Morningside-
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Sep 19, 2016
Sold by
Mundy Mathew S
Bought by
Madhani Arshad
Seller's Agent
Rena Watts
NOT A VALID MEMBER
Buyer's Agent
Felicia Wofford
NOT A VALID MEMBER
List Price
$94,500
Sold Price
$96,000
Premium/Discount to List
$1,500
1.59%
Current Estimated Value
$155,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,637
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
Jan 5, 2013
Closed on
Feb 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Mundy Mathew S
Seller's Agent
RICK HALE
Keller Wms Re Atl Midtown
Buyer's Agent
RICK HALE
Keller Wms Re Atl Midtown
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.97%
Original Mortgage
$37,107
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2012
Sold by
Jpmorgan Chase Bank Nation
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
May 18, 2000
Sold by
Melrose Park Llc
Bought by
Barbone Ann M and Barbone John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,550
Interest Rate
8.55%
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
Madhani Arshad $96,000 --
Mundy Mathew S $39,900 --
Federal National Mtg Associati $56,189 --
Jpmorgan Chase Bank National A $56,189 --
Barbone Ann M $96,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mundy Mathew S $37,107
Previous Owner Barbone Ann M $86,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2016 09/19/16 Sold $96,000 +1.6% $221 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $94,500 +136.8% $217 / Sq Ft
02/26/2013 02/26/13 Sold $39,900 0.0% $92 / Sq Ft View Prior Sale
01/27/2013 01/27/13 Pending -- -- --
01/05/2013 01/05/13 For Sale $39,900 -- $92 / 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 $2,065 $62,880 $7,840 $55,040
2023 $2,554 $61,680 $8,040 $53,640
2022 $2,271 $56,120 $7,040 $49,080
2021 $2,207 $54,480 $6,840 $47,640
2020 $2,124 $51,840 $7,760 $44,080
2019 $100 $50,960 $7,640 $43,320
2018 $1,810 $43,720 $8,760 $34,960
2017 $1,099 $25,440 $3,280 $22,160
2016 $1,102 $25,440 $3,280 $22,160
2015 $1,104 $25,440 $3,280 $22,160
2014 $865 $19,080 $4,280 $14,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5739294

First Multiple Listing Service (FMLS)

APN: 14-0048-0005-123-0