NOT LISTED FOR SALE

470 Morgan Place Decatur, GA 30032

East Lake Neighborhood

Estimated Value: $249,000 - $357,376

4 Beds
2 Baths
1,956 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $258,000 $132 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,134/month

57 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Central Heating and Cooling System
  • 1 Fireplace

About This Home

As of December 2021

Move in ready home. Covent to shopping, Dinning and Atlanta. Not FHA eligible until 10/05/2021.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 08/30/2021

Mark Spain Real Estate

Co-Listed By

Scott Millen

Mark Spain Real Estate License #379036

Last Buyer's Agent

XUELIANG FAN

S & J Real Estate Services In License #352870

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,448

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,956 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Peachcrest Elementary School
  • Mary Mcleod Bethune Middle School
  • Towers High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • East Lake Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,448

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • ArchitecturalStyle: Ranch
  • Co List Office: TECH01
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .20
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Total Finished Area2: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Other
  • Bedrooms: 4
  • Basement: None
  • Total Finished Sq Ft: 1956
  • Above Grade Finished Sq Ft: 1956
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Other

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 4

Exterior Features

  • Construction Materials: Other
  • Foundation Details: Slab
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Peachcrest
  • High School: Towers
  • High School Bus: Yes
  • Middle School: Mary Mcleod Bethune
  • Middle School Bus: Yes

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3448

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Dec 16, 2021
Sold by
Opendoor Property Trust I
Bought by
Yu Haifeng
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
XUELIANG FAN
S & J Real Estate Services In
List Price
$275,000
Sold Price
$258,000
Premium/Discount to List
-$17,000
-6.18%
Current Estimated Value
$315,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,844
Avg. Annual Appreciation
5.38%
Original Mortgage
$206,400
Outstanding Balance
$189,834
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$126,010

Purchase Details

Closed on
Jul 6, 2021
Sold by
Pham Property Management Llc
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Apr 5, 2014
Sold by
Pham Hang T
Bought by
Pham Property Management Llc

Purchase Details

Closed on
Sep 24, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pham Hang

Purchase Details

Closed on
May 4, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 30, 2008
Sold by
Housedeals Net Inc
Bought by
Jarmon Bobby D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2002
Sold by
Dooley & Jan Properties
Bought by
Buckley Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Emc Mtg Corp
Bought by
Dooley & Jan Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2001
Sold by
Cummings Myrtie
Bought by
Option One Mortgage Corp
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
Yu Haifeng $258,000 --
Opendoor Property Trust I $247,500 --
Pham Property Management Llc -- --
Pham Hang $36,200 --
Federal Home Loan Mortgage Corporation -- --
Bac Home Loans Servicing Lp $51,000 --
Jarmon Bobby D $162,000 --
Housedeals Net Inc -- --
Jones Chet $139,000 --
Buckley Arthur $100,000 --
Dooley & Jan Properties Inc $54,900 --
Emc Mtg Corp -- --
Option One Mortgage Corp $133,007 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Haifeng $206,400
Previous Owner Jones Chet $129,600
Previous Owner Buckley Arthur $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2021 12/16/21 Sold $258,000 -1.9% $132 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/01/2021 10/01/21 Price Changed $263,000 -1.1% $134 / Sq Ft
09/17/2021 09/17/21 Price Changed $266,000 -3.3% $136 / Sq Ft
08/30/2021 08/30/21 For Sale $275,000 -- $141 / Sq Ft
Source: Georgia MLS

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 $5,759 $121,680 $63,600 $58,080
2024 $5,855 $123,880 $63,600 $60,280
2023 $5,855 $115,720 $63,600 $52,120
2022 $4,455 $93,920 $32,000 $61,920
2021 $4,490 $94,720 $32,000 $62,720
2020 $3,781 $78,560 $32,000 $46,560
2019 $3,411 $70,120 $5,760 $64,360
2018 $2,041 $40,160 $5,760 $34,400
2017 $1,282 $21,520 $5,760 $15,760
2016 $1,802 $33,240 $5,760 $27,480
2014 $679 $7,640 $1,920 $5,720
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2021

    Mark Spain

    Mark Spain

    (678) 537-8980

    4 in this area

    9,850 Total Sales

    Mark Spain
    Section Image
  • Scott Millen

    Seller Co-Listing Agent in 2021

    Scott Millen

    Mark Spain

    (678) 371-5252

    1 in this area

    501 Total Sales

    Scott Millen
    Section Image

  • X

    Buyer's Agent in 2021

    XUELIANG FAN

    S & J Real Estate Services In

    Section Image
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Map

Source: Georgia MLS

MLS Number: 9042430

Georgia MLS

APN: 15-183-07-006

Georgia DeKalb County Decatur 30032 East Lake

470 Morgan Place, Decatur, GA

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