NOT LISTED FOR SALE

393 5th St NE Unit 1,2 and 3 Atlanta, GA 30308

Midtown Atlanta Neighborhood

Estimated Value: $477,347 - $552,000

8 Beds
7 Baths
6,174 Sq Ft
$84/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $1,590,000 $258 Per Sq Ft

Current estimated payment $3,101/month

About This Home

As of April 2023

This 5th street Midtown Triplex is stunning with a renovation and fully furnished with chic furniture. The entire triplex was rebuilt from the foundation in 1980, and then 5 years ago the entire triplex was gutted and renovated and brought up to date. Designer furnishings are included in the sale. 2 of the units have front entrances via the front porch, while the 3rd (largest) unit has a private rear entrance via the back deck. There's enough parking for 2-3 cars at the rear of the triplex. The entire triplex was renovated/updated with brand new marble chic kitchens, gorgeous new marble bathrooms, brand new hardwood floors throughout, new stair railing and flooring, and the entire triplex comes completely furnished, ready to be rented. The furniture is very high-end throughout. You will fall in LOVE with this one!!! Other newer items include: All mechanicals and appliances are 5 years new, all wash/dryer included, Roof is only 8 years old, the entire Foundation was completely reinforced 6 years ago. This is an amazing investment opportunity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 24, 2023
Sold by
Lam Phong Vy
Bought by
Steven & Shalena Investments Llc
Seller's Agent
Dawn Faulkner
Dawn Realtors
Buyer's Agent
HOPE KAUFFMAN
HomeSmart
List Price
$1,800,000
Sold Price
$1,590,000
Premium/Discount to List
-$210,000
-11.67%
Views
79
Current Estimated Value
$515,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,074,413
Avg. Annual Appreciation
-37.30%

Purchase Details

Closed on
Oct 30, 2017
Sold by
Birch Capital Investments
Bought by
393 Fifth Street Llc

Purchase Details

Closed on
Aug 25, 2017
Sold by
Pearson William E
Bought by
Birch Capital Investments Llc

Purchase Details

Closed on
Dec 6, 1995
Sold by
Raines David Charles
Bought by
Pearson William E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Steven & Shalena Investments Llc -- --
Lam Phong Vy $1,590,000 --
393 Fifth Street Llc -- --
Birch Capital Investments Llc $340,000 --
Pearson William E $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson William E $65,000
Previous Owner Pearson William E $191,683
Previous Owner Pearson William E $200,000
Closed Pearson William E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $1,590,000 -11.7% $258 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $1,800,000 -- $292 / Sq Ft

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 $3,509 $110,000 $14,120 $95,880
2023 $4,870 $117,640 $14,120 $103,520
2022 $3,602 $89,000 $20,840 $68,160
2021 $3,500 $86,400 $20,240 $66,160
2020 $3,497 $85,360 $20,000 $65,360
2019 $438 $75,200 $19,640 $55,560
2018 $3,040 $73,440 $19,160 $54,280
2017 $1,805 $70,600 $18,440 $52,160
2016 $1,352 $70,600 $18,440 $52,160
2015 $1,359 $70,600 $18,440 $52,160
2014 $1,411 $70,600 $18,440 $52,160
Source: Public Records

Agents Affiliated with this Home

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