NOT LISTED FOR SALE

392 Mcgill Place NE Atlanta, GA 30312

Old Fourth Ward Neighborhood

Estimated Value: $298,000 - $327,000

2 Beds
2 Baths
1,266 Sq Ft
$325/mo HOA Fee

Last Sold December 27, 2018

Last sale price $262,500 $207 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,114/month

5 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Wood Flooring
  • Midtown High School Rated A+
  • Property is near public transit
  • 5-minute walk to Parkway-Wabash Park

About This Home

As of December 2018

Gorgeous updated condo in the heart of the old 4th Ward! Features include granite countertops, bamboo floors, new light fixtures and ceiling fans, new stainless steel appliances, new paint throughout! Close to Ponce City Maket, Beltline, shopping and restaurants!

Last Agent to Sell the Property

Christopher Heber

Veribas Real Estate, LLC License #373560 Listed on: 11/27/2018

Last Buyer's Agent

Ming Zhou, CCIM

Keller Williams Realty Atl Perimeter License #367769

Keller Williams Realty Atl Perimeter

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $907

Year Built

  • Built in 1987

Lot Details

  • End Unit
  • Fenced

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Cement Siding

Interior Spaces

  • 1,266 Sq Ft Home
  • 3-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Great Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Accessible Home Design

  • Accessible Bedroom
  • Accessible Doors
  • Accessible Approach with Ramp

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near the Beltline

Schools

  • Hope-Hill Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 004700110375

Community Details

Overview

  • 200 Units
  • Mid-Rise Condominium
  • Mcgill Place Subdivision

Recreation

  • Community Pool
  • Trails

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$907

Year Built

Built in 1987

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern, Mid-Rise (up to 5 stories)
  • Property Condition: Resale
  • Year Built: 1987
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Stone Counters
  • Common Walls: End Unit
  • Additional Rooms: Great Room - 1 Story, Other
  • Square Footage: 1266.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Cement Siding
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Rear Porch
  • Exterior Features: Balcony

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned

Utilities

  • Security: Fire Alarm
  • Cooling: Ceiling Fan(s)
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Near Beltline, Near Trails/Greenway, Pool, Public Transportation
  • Association Fee: 325
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 4044598951
  • Subdivision Complex: McGill Place

Association/Amenities

  • Number Of Units In Community: 200

Lot Info

  • Lot Dimensions: x
  • Parcel Number: 14 004700110375
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 907.00
  • Tax Year: 2017

MLS Schools

  • Elementary School: Hope-Hill
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Dec 27, 2018
Sold by
Moritz Management Llc
Bought by
Su Calvin Kai-Wei
Seller's Agent
Christopher Heber
Veribas Real Estate, LLC
Buyer's Agent
Ming Zhou, CCIM
Keller Williams Realty Atl Perimeter
List Price
$260,000
Sold Price
$262,500
Premium/Discount to List
$2,500
0.96%
Current Estimated Value
$307,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,462
Avg. Annual Appreciation
2.36%
Original Mortgage
$210,000
Outstanding Balance
$184,256
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$123,706

Purchase Details

Closed on
Aug 7, 2018
Sold by
Long Larry
Bought by
Moritz Management Llc

Purchase Details

Closed on
Aug 13, 2010
Sold by
Breitfelder Rachel
Bought by
Long Larry and Shod Keyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,073
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2003
Sold by
Brooks Cowan H and Brooks Dorothy A
Bought by
Breitfelder Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1997
Sold by
Gillett James P
Bought by
Brooks Cowan H Dorothy
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
Su Calvin Kai-Wei $262,500 --
Moritz Management Llc $213,000 --
Long Larry $145,000 --
Breitfelder Rachel $159,000 --
Brooks Cowan H Dorothy $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Su Calvin Kai-Wei $210,000
Previous Owner Long Larry $143,073
Previous Owner Breitfelder Rachel $127,200
Closed Brooks Cowan H Dorothy $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $262,500 +1.0% $207 / Sq Ft
12/02/2018 12/02/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $260,000 -- $205 / 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 $2,127 $133,560 $17,920 $115,640
2023 $4,695 $113,400 $18,640 $94,760
2022 $2,087 $107,360 $14,080 $93,280
2021 $1,998 $104,240 $13,680 $90,560
2020 $1,820 $96,480 $15,440 $81,040
2019 $111 $88,560 $15,080 $73,480
2018 $2,973 $71,800 $8,640 $63,160
2017 $2,336 $54,080 $7,040 $47,040
2016 $2,342 $54,080 $7,040 $47,040
2015 $2,391 $54,080 $7,040 $47,040
2014 $1,623 $35,800 $5,840 $29,960
Source: Public Records

Agents Affiliated with this Home

  • Christopher Heber

    Seller's Agent in 2018

    Christopher Heber

    Veribas Real Estate, LLC

    (404) 213-2933

    3 Total Sales

    Christopher Heber
    Section Image
  • Ming Zhou, CCIM

    Buyer's Agent in 2018

    Ming Zhou, CCIM

    Keller Williams Realty Atl Perimeter

    (404) 996-9037

    39 Total Sales

    Ming Zhou, CCIM
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6104210

First Multiple Listing Service (FMLS)

APN: 14-0047-0011-037-5

Georgia Fulton County Atlanta 30312 Old Fourth Ward

392 Mcgill Place NE, Atlanta, GA

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