NOT LISTED FOR SALE

409 Richards St NW Atlanta, GA 30318

Home Park Neighborhood

Estimated Value: $473,000 - $787,000

4 Beds
2 Baths
1,360 Sq Ft
$418/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $218,300 $161 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,517/month

Highlights

  • 0.33 Acre Lot
  • Property is walking distance to MARTA
  • Central Heating
  • Midtown High School Rated A+
  • Restaurant
  • 3-minute walk to Home Park

About This Home

As of November 2014

STUNNING INVESTMENT OPPORTUNITY IN HOME PARK! LEASED DUPLEX WITH 2/1 ON EACH SIDE AND OFF STREET PARKING. CLOSE TO ATLANTIC STATION AND GEORGIA TECH.

Last Agent to Sell the Property

Michelle Hollberg

Harry Norman Realtors License #271240 Listed on: 09/01/2014

Harry Norman Realtors

Last Buyer's Agent

Michelle Hollberg

Harry Norman Realtors License #271240 Listed on: 09/01/2014

Harry Norman Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Duplex
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Centennial Place Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 409RICHARDSSTNW

Community Details

Overview

  • 2 Units
  • Home Park Subdivision

Amenities

  • Restaurant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,377

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1920
  • Special Features: None

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Natural Gas
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping, Restaurant, Street Lights
  • Subdivision Complex: HOME PARK

Schools

  • Elementary School: Centennial Place
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.3300
  • Land/Lot: 149
  • Deed Book: 36079
  • Deed Page: 262
  • Lot Features: Level
  • Parcel Number: 409RICHARDSSTNW
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1377.00
  • Assessor Parcel Number: 17-0149-0004-028
  • Close Date: 2014-11-21
  • Tax Year: 2013

MLS Schools

  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2014
Closed on
Nov 21, 2014
Sold by
Chen Estella B
Bought by
Rahaman Mohammad S
Seller's Agent
Michelle Hollberg
Harry Norman Realtors
Buyer's Agent
Michelle Hollberg
Harry Norman Realtors
List Price
$240,000
Sold Price
$218,300
Premium/Discount to List
-$21,700
-9.04%
Current Estimated Value
$567,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,588
Avg. Annual Appreciation
9.25%
Original Mortgage
$185,555
Outstanding Balance
$143,111
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$425,366

Purchase Details

Closed on
Nov 28, 2001
Sold by
Nowroozzadeh Mohammad H
Bought by
Atlaschi Reza

Purchase Details

Closed on
Jun 18, 1999
Sold by
El and El Itr Zuhair
Bought by
Nowroozzadeh Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1998
Sold by
Hilton Jerry W
Bought by
El Itr Zuhair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,350
Interest Rate
7.14%
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
Rahaman Mohammad S $218,300 --
Atlaschi Reza -- --
Nowroozzadeh Mohammad $170,000 --
El Itr Zuhair $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahaman Mohammad S $185,555
Previous Owner Chen Estella B $214,300
Previous Owner Chen Estella B $230,400
Previous Owner Chen Estella B $32,700
Previous Owner Nowroozzadeh Mohammad $136,000
Previous Owner El Itr Zuhair $82,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $218,300 -9.0% $161 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
09/01/2014 09/01/14 For Sale $240,000 -- $176 / 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 $5,353 $195,480 $70,480 $125,000
2023 $6,947 $167,800 $41,920 $125,880
2022 $6,791 $167,800 $41,920 $125,880
2021 $6,205 $153,160 $51,960 $101,200
2020 $5,802 $141,640 $56,680 $84,960
2019 $922 $139,120 $55,680 $83,440
2018 $5,470 $132,120 $21,560 $110,560
2017 $3,082 $71,360 $19,960 $51,400
2016 $3,090 $71,360 $19,960 $51,400
2015 $3,952 $71,360 $19,960 $51,400
2014 $1,739 $71,360 $19,960 $51,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michelle Hollberg

    Harry Norman Realties

    (404) 784-0059

    26 Total Sales

    Michelle Hollberg
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5338996

First Multiple Listing Service (FMLS)

APN: 17-0149-0004-028-3

Georgia Fulton County Atlanta 30318 Home Park

409 Richards St NW, Atlanta, GA

This home is located at 409 Richards St NW, Atlanta, GA 30318 since 01 September 2014 and is currently estimated at $567,888, approximately $417 per square foot. This property was built in 1920. 409 Richards St NW is a home located in Fulton County with nearby schools including Midtown High School, Centennial Academy, and Dar Un-Noor School.

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