NOT LISTED FOR SALE

Estimated Value: $764,000 - $911,000

4 Beds
2 Baths
1,992 Sq Ft
$410/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $292,000 $147 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $4,981/month

Highlights

  • Country Club
  • Property is near public transit
  • Four Sided Brick Exterior Elevation
  • Morningside Elementary School Rated A-
  • Restaurant
  • Forced Air Heating System

About This Home

As of February 2013

Wow. 2 Unit - 2 Bedroom and 1/bath on EACH side -built as a legal duplex in Piedmont Heights near Ansley Park/Mall and Morningside. Both sides leased and tenants happy to stay. OR - move in 1 side at lease expiration and live in this neighborhood for about the equivalent payment of a 150k home (which is not available in this area). Solid brick construction - 2 driveways, one for each side. 1 unit has a carport. Street parking ALSO available. Restaurants and shopping are in walking distance. This could make a great single family home some day or hold as investment.

Last Agent to Sell the Property

Robert Hunter

EXP Realty, LLC. License #254587 Listed on: 12/07/2012

EXP Realty, LLC.

Last Buyer's Agent

David Jones

Compass License #241288

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,842

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Parking

  • 2 Parking Spaces
  • Carport
  • Varies By Unit
  • Driveway

Location

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

Schools

  • Morningside- Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 434WimbledonRDNE

Community Details

Overview

  • 2 Units
  • Piedmont Heights Subdivision

Amenities

  • Restaurant

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,842

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1950
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Country Club, Near Marta, Near Shopping, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Piedmont Heights

Lot Info

  • Acres: 0.3300
  • Lot Features: Level
  • Lot Dimensions: .2775 Acres
  • Parcel Number: 434WimbledonRDNE
  • Property Attached Yn: No

Tax Info

  • Taxes: 4842.00
  • Tax Year: 2011

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Morningside-
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2016
Sold by
Peterman Michael Alan
Bought by
Padron David M and Padron Miguel A
Current Estimated Value
$815,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$159,473
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$656,488

Purchase Details

Listed on
Dec 7, 2012
Closed on
Feb 15, 2013
Sold by
Harris Brad
Bought by
Peterman Michael Alan
Seller's Agent
Robert Hunter
EXP Realty, LLC.
Buyer's Agent
David Jones
Compass
List Price
$300,000
Sold Price
$292,000
Premium/Discount to List
-$8,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$248,200
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2002
Sold by
Pedigo Jimmy L
Bought by
Harris Brad and Harris Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.31%
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
Padron David M $489,000 --
Peterman Michael Alan $292,000 --
Harris Brad $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padron David M $200,000
Previous Owner Peterman Michael Alan $248,200
Previous Owner Harris Brad $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $292,000 -2.7% $147 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $300,000 -- $151 / 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 $8,270 $258,480 $100,640 $157,840
2023 $9,510 $229,720 $78,840 $150,880
2022 $9,297 $229,720 $78,840 $150,880
2021 $9,035 $223,040 $76,520 $146,520
2020 $8,477 $206,920 $95,360 $111,560
2019 $931 $203,280 $93,680 $109,600
2018 $7,185 $173,560 $39,960 $133,600
2017 $5,043 $116,764 $26,884 $89,880
2016 $3,809 $116,760 $26,880 $89,880
2015 $4,714 $116,760 $26,880 $89,880
2014 $3,984 $116,760 $26,880 $89,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5091428

First Multiple Listing Service (FMLS)

APN: 17-0057-0007-011-6