NOT LISTED FOR SALE

Estimated Value: $1,150,000 - $1,194,000

1 Bed
1 Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold September 27, 2021

Last sale price $925,000

Est. 27% increase in value since last sale

Current estimated payment $7,215/month

14 Days on Market

Highlights

  • Accessible Full Bathroom
  • Accessible Kitchen
  • Central Heating
  • Midtown High School Rated A+

About This Home

As of September 2021

This well-located multifamily opportunity consists of 4 spacious apartments including (3) 1 Bedroom/1 Bathroom units and (1) 2 Bedroom/1 Bathroom unit. All units include washer/dryer hookups with washer/dryers provided to 2 units. Off Street parking in the rear. The property is located less than one mile from Ponce City Market, Atlanta BeltLine, Piedmont Park, Fox Theatre and Georgia Tech. The area draws tenants from its proximity to the Midtown Financial District, Emory Hospital Midtown, Georgia Tech, Google, Emory University, SCAD and Georgia State University. Midtown has steadily remained one of the strongest rental markets in Metro Atlanta.

Last Agent to Sell the Property

Andy Lundsberg

Bull Realty, Inc. License #256959 Listed on: 08/12/2021

Co-Listed By

Michael Wess, CCIM

Bull Realty, Inc. License #367265

Last Buyer's Agent

Andy Lundsberg

Bull Realty, Inc. License #256959 Listed on: 08/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,865

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 6,970

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Kitchen
  • Kitchen Appliances

Schools

  • Hope-Hill Elementary School
  • Martin L. King Jr. Middle School
  • Midtown High School

Utilities

  • Window Unit Cooling System
  • Central Heating

Additional Features

  • 2-Story Property
  • 6,970 Sq Ft Lot

Community Details

  • 4 Units
  • Midtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 004800050588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,865

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1925
  • Accessibility Features: Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Midtown

Fee Information

  • Annual Expenses: 20353

Schools

  • Elementary School: Hope-Hill
  • Middle School: Martin L. King Jr.
  • High School: Midtown

Lot Info

  • Acres: 0.1600
  • Lot Dimensions: 1
  • Parcel Number: 14 004800050588
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 3865.00
  • Assessor Parcel Number: 14-0048-0005-058-8
  • Close Date: 2021-09-27
  • Tax Year: 2020

MLS Schools

  • Elementary School: Hope-Hill
  • High School: Midtown
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 27, 2021
Sold by
339 Fourth Street Llc
Bought by
Stupar Slobodan
Seller's Agent
Andy Lundsberg
Bull Realty, Inc.
Buyer's Agent
Andy Lundsberg
Bull Realty, Inc.
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
$1,170,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,756
Avg. Annual Appreciation
9.21%
Original Mortgage
$693,750
Outstanding Balance
$635,375
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$673,527

Purchase Details

Closed on
Jan 6, 2015
Sold by
Lee Raymond K
Bought by
339 Fourth Street Llc

Purchase Details

Closed on
May 26, 2011
Sold by
Sweetwater Creek Homes Llc
Bought by
Lee Raymond K and Lee Judy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2010
Sold by
Freilich Steven
Bought by
Sweetwater Creek Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2003
Sold by
Freilich Steven H and Freilich Daphne G
Bought by
Sweetwater Creek Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,270
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 1995
Sold by
Rubin S Richard
Bought by
Kucera Philip J
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
Stupar Slobodan $925,000 --
339 Fourth Street Llc -- --
Lee Raymond K $312,000 --
Sweetwater Creek Homes Llc -- --
Freilich Steven -- --
Sweetwater Creek Homes Llc -- --
Freilich Steven H -- --
Kucera Philip J $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stupar Slobodan $693,750
Closed Stupar Slobodan $693,750
Previous Owner Lee Raymond K $234,000
Previous Owner Freilich Steven $204,000
Previous Owner Freilich Steven H $32,270
Previous Owner Kucera Philip J $300,000
Closed Kucera Philip J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $925,000 0.0% --
08/26/2021 08/26/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $925,000 -- --
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 $10,623 $333,000 $95,440 $237,560
2023 $15,083 $364,320 $95,440 $268,880
2022 $14,683 $362,800 $119,320 $243,480
2021 $6,642 $218,160 $95,440 $122,720
2020 $5,113 $124,796 $54,596 $70,200
2019 $1,492 $124,796 $54,596 $70,200
2018 $5,167 $124,796 $54,596 $70,200
2017 $5,390 $218,160 $95,440 $122,720
2016 $5,404 $124,800 $54,600 $70,200
2015 $5,418 $124,800 $54,600 $70,200
2014 $5,659 $124,800 $54,600 $70,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6935827

First Multiple Listing Service (FMLS)

APN: 14-0048-0005-058-8