Seller's Agent in 2021
Frank Wynne
Atlanta Fine Homes Sotheby's International Realty
(404) 310-5742
3 in this area
39 Total Sales
431 Melrose Ave Decatur, GA 30030
Adair Park NeighborhoodEstimated Value: $1,101,000 - $1,172,000
5
Beds
3.5
Baths
3,172
Sq Ft
$361/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- Fishing
- Deck
- Westchester Elementary School Rated A
- Dining Room Seats More Than Twelve
- Wood Burning Stove
About This Home
As of July 2021Nature lovers delight in this creek-side Double Lot /twin rear lawns flanking the landscaped rippling brook. This spot offers the feeling of a North Georgia retreat in the heart of thriving Decatur. Enjoy one of the last truly hipster Decatur streets and the quietest spot in the city. Newer construction features include 2 luxury private suites (one on the main level and one upstairs). 2 additional spacious bedrooms up w/hall bath. Main floor offers open concept living/dining: central fireplace family room spills into big breakfast bar/kitchen. The entertainer's kitchen has tremendous counterspace and loads of storage AND natural morning light gleaming through a wall of windows. An adjacent sunroom provides treetop views of private stream and rear lawns below. Large 2 car garage with terrace-level entry into bonus space finished for gaming/workshop/hangout and a workout space. When bad weather, walk right up the dry interior stairs into the kitchen. The front elevation features a two- story bay window and covered rocking chair porch plus open air pergola with boardwalk entrance. Age in place with the step-less front entry and a master on the main level.
Last Agent to Sell the Property
Atlanta Fine Homes Sotheby's International License #228499 Listed on: 06/02/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,954
Year Built
- Built in 1990 | Newly Remodeled
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 130 x 50
- Landscaped
- Level Lot
- Private Yard
- Garden
- Back Yard
Parking
- 2 Car Attached Garage
- Drive Under Main Level
Home Design
- Contemporary Architecture
- Farmhouse Style Home
- Composition Roof
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Bookcases
- Beamed Ceilings
- Ceiling height of 10 feet on the main level
- Wood Burning Stove
- Fireplace With Gas Starter
- Insulated Windows
- Family Room with Fireplace
- Dining Room Seats More Than Twelve
- Breakfast Room
- Home Office
- Bonus Room
- Sun or Florida Room
- Wood Flooring
- Rural Views
- Pull Down Stairs to Attic
- Laundry Room
Kitchen
- Open to Family Room
- Breakfast Bar
- Double Oven
- Gas Cooktop
- Dishwasher
- Kitchen Island
- Stone Countertops
- White Kitchen Cabinets
- Disposal
Bedrooms and Bathrooms
- Oversized primary bedroom
- 5 Bedrooms | 1 Primary Bedroom on Main
- In-Law or Guest Suite
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
Finished Basement
- Interior and Exterior Basement Entry
- Garage Access
- Natural lighting in basement
Outdoor Features
- Creek On Lot
- Balcony
- Deck
- Patio
- Front Porch
Schools
- Westchester/Fifth Avenue Elementary School
- Beacon Hill Middle School
- Decatur High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts
- Gas Water Heater
- Cable TV Available
Additional Features
- Accessible Approach with Ramp
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number 15 236 04 080
Community Details
Overview
- Lenox Place Subdivision
Recreation
- Tennis Courts
- Pickleball Courts
- Racquetball
- Community Playground
- Fishing
- Park
- Dog Park
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2021
Closed on
Jul 16, 2021
Sold by
Lee Olga
Bought by
Ochieng Walter O and Young Marisa R
Seller's Agent
Frank Wynne
Atlanta Fine Homes Sotheby's International
Buyer's Agent
EDWIN ASHURST
Virtual Properties Realty.com
List Price
$899,900
Sold Price
$880,000
Premium/Discount to List
-$19,900
-2.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,350
Avg. Annual Appreciation
6.64%
Original Mortgage
$792,000
Outstanding Balance
$710,004
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$436,346
Purchase Details
Closed on
Nov 28, 2011
Sold by
Hardgrave Steven
Bought by
Lee Daniel and Lee Olga
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2009
Sold by
Suntrust Mtg Inc
Bought by
Hardgrove Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 2009
Sold by
Omofoma Isi U
Bought by
Suntrust Mtg Inc
Purchase Details
Closed on
Jun 26, 2008
Sold by
Omofoma Isi Family Trust
Bought by
Omofoma Isi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,017
Interest Rate
5.96%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 31, 2007
Sold by
Boswell Robert
Bought by
Omofma Isi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
7.38%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ochieng Walter O | $880,000 | -- | |
| Lee Daniel | $510,000 | -- | |
| Hardgrove Steven | -- | -- | |
| Hardgrove Steven | $490,000 | -- | |
| Suntrust Mtg Inc | $428,901 | -- | |
| Omofoma Isi | -- | -- | |
| Omofma Isi | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ochieng Walter O | $792,000 | |
| Closed | Ochieng Walter Obiero | $792,000 | |
| Previous Owner | Lee Daniel | $510,400 | |
| Previous Owner | Lee Daniel | $408,000 | |
| Previous Owner | Hardgrove Steven | $392,000 | |
| Previous Owner | Omofoma Isi | $113,249 | |
| Previous Owner | Omofoma Isi | $86,017 | |
| Previous Owner | Omofma Isi | $417,000 | |
| Previous Owner | Boswell Terry | $230,000 | |
| Previous Owner | Boswell Terry | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $880,000 | -2.2% | $277 / Sq Ft |
| 06/11/2021 06/11/21 | Pending | -- | -- | -- |
| 06/02/2021 06/02/21 | For Sale | $899,900 | -- | $284 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10 | $366,640 | $111,920 | $254,720 |
| 2023 | $10 | $362,560 | $111,920 | $250,640 |
| 2022 | $13,060 | $315,000 | $110,120 | $204,880 |
| 2021 | $12,810 | $275,840 | $42,880 | $232,960 |
| 2020 | $12,954 | $278,560 | $42,880 | $235,680 |
| 2019 | $12,413 | $278,560 | $42,880 | $235,680 |
| 2018 | $10,139 | $278,560 | $42,880 | $235,680 |
| 2017 | $11,503 | $242,880 | $42,840 | $200,040 |
| 2016 | $6,581 | $242,880 | $42,840 | $200,040 |
| 2014 | $808 | $204,000 | $42,840 | $161,160 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Wynne
-
EDWIN ASHURST
Buyer's Agent in 2021
EDWIN ASHURST
Virtual Properties Realty
(770) 309-0275
1 in this area
8 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 6893122
APN: 15-236-04-080
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