NOT LISTED FOR SALE

386 Cairo St NW Atlanta, GA 30314

Bankhead Neighborhood

Estimated Value: $156,000 - $213,000

3 Beds
1 Bath
1,080 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $190,000 $176 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,210/month

9 Days on Market

Highlights

  • City View
  • 2-Story Property
  • Bonus Room
  • Oversized primary bedroom
  • Wood Flooring
  • Plantation Shutters

About This Home

As of June 2022

CALLING ALL INVESTORS!!!! Come take advantage of this cash flowing 3/1 on a basement located in the heart of Atlanta. Minutes away from AU colleges, downtown Atlanta, The Mercedes Benz Stadium, Georgia Aquarium, State Farm Arena and The Beltline. Will need repairs and updating, but property has great potential in this appreciating community.

Last Agent to Sell the Property

The Gainous Group

NOT A VALID MEMBER Listed on: 05/03/2022

NOT A VALID MEMBER

Co-Listed By

Kino Luke

Genesis Signature Properties License #365248

Last Buyer's Agent

Kino Luke

Genesis Signature Properties License #365248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $522

Year Built

  • Built in 1935

Lot Details

  • 9,487 Sq Ft Lot
  • Property fronts an easement
  • Garden
  • Back and Front Yard

Parking

  • Driveway

Home Design

  • 2-Story Property
  • Composition Roof
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • Whole House Fan
  • Plantation Shutters
  • Bonus Room
  • Wood Flooring
  • City Views
  • 220 Volts In Laundry

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Oversized primary bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Laundry in Basement

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Electrical and Environmental Controls

Outdoor Features

  • Front Porch

Schools

  • M.R. Hollis Innovation Academy Elementary School
  • Booker T. Washington High School

Utilities

  • Electric Air Filter
  • Space Heater
  • Heating System Uses Steam
  • 220 Volts in Workshop

Listing and Financial Details

  • Assessor Parcel Number 14 011400070114

Home Details

Home Type

Single Family

Est. Annual Taxes

$522

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1935
  • Accessibility Features: Accessible Electrical and Environmental Controls, Accessible Full Bath
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Basement: Full
  • Kitchen Features: Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room
  • Square Footage: 1080.00
  • Spa Features: None
  • Window Features: Plantation Shutters

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch
  • Exterior Features: Garden
  • View: City
  • Foundation: Concrete Perimeter

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric Air Filter, Whole House Fan
  • Heating: Hot Water, Space Heater
  • Laundry Features: In Basement
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: 220 Volts in Laundry, 220 Volts in Workshop

Schools

  • Elementary School: M.R. Hollis Innovation Academy
  • Middle School: Fulton - Other
  • High School: Booker T. Washington

Lot Info

  • Acres: 0.2178
  • Deed Book: 20269
  • Deed Page: 273
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: x
  • Parcel Number: 14 011400070114
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 522.00
  • Assessor Parcel Number: 14-0114-0007-011-4
  • Close Date: 2022-06-27
  • Tax Year: 2021

MLS Schools

  • Elementary School: M.R. Hollis Innovation Academy
  • High School: Booker T. Washington
  • Middle School: Fulton - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 27, 2022
Sold by
Hamid Azim
Bought by
Canopy West Llc
Seller's Agent
The Gainous Group
NOT A VALID MEMBER
Buyer's Agent
Kino Luke
Genesis Signature Properties
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Current Estimated Value
$184,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,125
Avg. Annual Appreciation
0.03%
Original Mortgage
$116,000
Outstanding Balance
$110,690
Interest Rate
5.1%
Mortgage Type
Mortgage Modification
Estimated Equity
$79,517

Purchase Details

Closed on
Oct 23, 1995
Sold by
Bishop Bruce W
Bought by
Hamid Azim S
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
Canopy West Llc $190,000 --
Hamid Azim S $41,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canopy West Llc $116,000
Previous Owner Hamid Azim S $85,000
Closed Hamid Azim S $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $190,000 -9.5% $176 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $210,000 -- $194 / 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 $2,424 $76,000 $36,240 $39,760
2023 $3,146 $76,000 $36,240 $39,760
2022 $307 $49,200 $32,280 $16,920
2021 $267 $28,400 $14,240 $14,160
2020 $258 $24,240 $14,040 $10,200
2019 $485 $12,680 $8,640 $4,040
2018 $22 $10,200 $8,160 $2,040
2017 $4 $2,560 $1,160 $1,400
2016 $4 $2,560 $1,160 $1,400
2015 $474 $2,560 $1,160 $1,400
2014 $4 $2,560 $1,160 $1,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    The Gainous Group

    NOT A VALID MEMBER

    Section Image
  • Kino Luke

    Seller Co-Listing Agent in 2022

    Kino Luke

    Genesis Signature Properties

    1 in this area

    6 Total Sales

    Kino Luke
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7041337

First Multiple Listing Service (FMLS)

APN: 14-0114-0007-011-4

Georgia Fulton County Atlanta 30314 Bankhead

386 Cairo St NW, Atlanta, GA

This home is located at 386 Cairo St NW, Atlanta, GA 30314 since 03 May 2022 and is currently estimated at $184,875, approximately $171 per square foot. This property was built in 1935. 386 Cairo St NW is a home located in Fulton County with nearby schools including Michael R. Hollis Innovation Academy, Booker T. Washington High School, and KIPP WAYS Primary School.

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