NOT LISTED FOR SALE

416 7th St NE Atlanta, GA 30308

Midtown Atlanta Neighborhood

Estimated Value: $709,000 - $1,028,000

4 Beds
4 Baths
2,268 Sq Ft
$373/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $346,000 $153 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $5,121/month

Highlights

  • Park
  • Four Sided Brick Exterior Elevation
  • Level Lot
  • Midtown High School Rated A+
  • Forced Air Heating System

About This Home

As of May 2014

Great rental property in a very desirable area of midtown. One block off St. Charles. Property has 2 units in front duplex, 2 units in back carriage house. Driveway easement next to duplex with access to two, could be three off street parking places. Duplex has hardwood floors. With some updates, rental rates could easily be much. much more. Listing broker must be present during appointment.

Last Agent to Sell the Property

Tom Florence

RRT Real Estate, Inc. License #151146 Listed on: 04/16/2014

Co-Listed By

Kathy Florence

NOT A VALID MEMBER License #319749

Last Buyer's Agent

Cynthia Nelson

HomeSmart License #180519

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,418

Year Built

  • Built in 1930

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • 2,268 Sq Ft Home
  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway Level

Schools

  • Springdale Park Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 26 / 19
  • Assessor Parcel Number 4167thSTNE

Community Details

Overview

  • 4 Units
  • Midtown Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,418

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1930
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Square Footage: 2268.00

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 4

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Level Driveway, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air, Natural Gas

Condo/Co-op/Association

  • Community Features: Park
  • Subdivision Complex: Midtown

Schools

  • Elementary School: Springdale Park
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.3300
  • Lot: 26
  • Land/Lot: 048
  • Deed Book: 23270
  • Deed Page: 234
  • Plat Book: 118
  • Plat Page: 66
  • Lot Features: Level
  • Parcel Number: 4167thSTNE
  • Property Attached Yn: No

Multi Family

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

Tax Info

  • Taxes: 8418.00
  • Assessor Parcel Number: 14-0048-0002-019
  • Close Date: 2014-05-19
  • Tax Year: 2012

MLS Schools

  • Elementary School: Springdale Park
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
May 29, 2014
Sold by
Lyons Martina G
Bought by
Dep Acquisitions Llc
Seller's Agent
Tom Florence
RRT Real Estate, Inc.
Buyer's Agent
Cynthia Nelson
HomeSmart
List Price
$398,500
Sold Price
$346,000
Premium/Discount to List
-$52,500
-13.17%
Current Estimated Value
$847,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,056
Avg. Annual Appreciation
8.42%
Original Mortgage
$322,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1997
Sold by
Merklein Janet E
Bought by
Lyons Martina G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
7.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dep Acquisitions Llc $346,000 --
Lyons Martina G $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dep Acquisitions Llc $322,000
Previous Owner Lyons Martina G $173,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $346,000 -13.2% $153 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $398,500 -- $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 $7,771 $286,600 $114,920 $171,680
2023 $7,771 $286,600 $114,920 $171,680
2022 $9,088 $224,560 $86,880 $137,680
2021 $9,097 $224,560 $86,880 $137,680
2020 $7,966 $314,240 $86,880 $227,360
2019 $1,493 $194,446 $55,840 $138,606
2018 $8,050 $194,446 $55,840 $138,606
2017 $8,398 $228,760 $55,840 $172,920
2016 $9,905 $228,760 $55,840 $172,920
2015 $7,129 $138,380 $33,780 $104,600
2014 $9,036 $199,280 $34,680 $164,600
Source: Public Records

Agents Affiliated with this Home

  • Tom Florence

    Seller's Agent in 2014

    Tom Florence

    RRT Real Estate, Inc.

    (404) 402-8062

    1 in this area

    51 Total Sales

    Tom Florence
    Section Image

  • K

    Seller Co-Listing Agent in 2014

    Kathy Florence

    NOT A VALID MEMBER

    Section Image
  • Cynthia Nelson

    Buyer's Agent in 2014

    Cynthia Nelson

    HomeSmart

    (561) 494-4046

    3 Total Sales

    Cynthia Nelson
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5277710

First Multiple Listing Service (FMLS)

APN: 14-0048-0002-019-3

Georgia Fulton County Atlanta 30308 Midtown Atlanta

416 7th St NE, Atlanta, GA

This home is located at 416 7th St NE, Atlanta, GA 30308 since 16 April 2014 and is currently estimated at $847,056, approximately $373 per square foot. This property was built in 1930. 416 7th St NE is a home located in Fulton County with nearby schools including Midtown High School, Kindezi Old 4th Ward, and Cristo Rey Atlanta Jesuit High School.

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