NOT LISTED FOR SALE

48 Spence Ave NE Atlanta, GA 30317

East Lake Neighborhood

Estimated Value: $838,000 - $890,000

9 Beds
6 Baths
-- Sq Ft
0.33 Acres

Last Sold July 31, 2013

Last sale price $290,000

Est. 197% increase in value since last sale

Current estimated payment $5,248/month

Highlights

  • Wooded Lot
  • Park
  • Garage
  • Community Playground
  • Forced Air Heating System
  • Level Lot

About This Home

As of July 2013

Unbelievable opportunity to own this huge house with a duplex on the side for you to rent out. Main home is a 5BR/2Ba with an HUGE yard. 4-sided brick home with gorgeous hardwoods throughout, fireplace, original molding, screened porch,Grab it now! This is a Fannie Mae HomePath property that is approved for HomePath Renovation Financing. Purchase for as little as 3% down! See Homepath website for details.

Last Agent to Sell the Property

JOY RAMSEY

NOT A VALID MEMBER License #317211 Listed on: 04/08/2013

Last Buyer's Agent

Chad Carter

Keller Williams Realty Metro Atlanta License #333557

Keller Williams Realty Metro Atlanta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Level Lot
  • Wooded Lot

Bedrooms and Bathrooms

  • 9 Bedrooms

Parking

  • Garage
  • Driveway Level

Schools

  • Midtown High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 48SpenceAveAVE

Community Details

Overview

  • 3 Units
  • George B Brown Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1950

Lot Details

0

Listing Details

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

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 9
  • Total Full Baths: 4
  • Total Half Baths: 2

Garage/Parking

  • Parking Features: Garage, Level Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Playground, Sidewalks, Street Lights
  • Subdivision Complex: George B Brown

Schools

  • Elementary School: Dekalb - Other
  • Middle School: Dekalb - Other
  • High School: Midtown

Lot Info

  • Acres: 0.3300
  • Lot Features: Level, Wooded
  • Parcel Number: 48SpenceAveAVE
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 3

Tax Info

  • Taxes: 1800.00
  • Assessor Parcel Number: 15-203-05-051
  • Close Date: 2013-07-31
  • Tax Year: 2011

MLS Schools

  • Elementary School: Dekalb - Other
  • High School: Midtown
  • Middle School: Dekalb - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
Jul 31, 2013
Sold by
Shurik Elizabeth
Bought by
Shurik Elizabeth and Pogorelov Roman
Seller's Agent
JOY RAMSEY
NOT A VALID MEMBER
Buyer's Agent
Chad Carter
Keller Williams Realty Metro Atlanta
List Price
$319,900
Sold Price
$290,000
Premium/Discount to List
-$29,900
-9.35%
Current Estimated Value
$861,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,532
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
Nov 20, 2012
Sold by
Central Mtg Co
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Nov 6, 2012
Sold by
Moore Larry J
Bought by
Central Mtg Co

Purchase Details

Closed on
Nov 22, 2000
Sold by
Jones Anthony A
Bought by
Moore Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,520
Interest Rate
7.87%
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
Shurik Elizabeth -- --
Shurik Elizabeth $290,000 --
Federal National Mtg Associati $464,120 --
Central Mtg Co $464,120 --
Moore Larry J $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pogorelov Roman $417,000
Closed Shurik Elizabeth $264,000
Closed Shurik Elizabeth $265,000
Previous Owner Moore Larry J $300,000
Previous Owner Moore Larry J $275,000
Previous Owner Moore Larry J $249,520
Previous Owner Moore Larry J $252,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $290,000 -9.3% --
06/11/2013 06/11/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $319,900 -- --
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
2024 -- $258,920 $90,000 $168,920
2023 $7,078 $269,920 $90,000 $179,920
2022 $6,969 $244,920 $57,240 $187,680
2021 $0 $253,000 $57,000 $196,000
2020 $100 $265,880 $57,000 $208,880
2019 $49 $239,080 $40,480 $198,600
2018 $100 $245,360 $45,000 $200,360
2017 $617 $216,240 $35,760 $180,480
2016 $582 $208,640 $35,760 $172,880
2014 $417 $115,964 $45,524 $70,440
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    JOY RAMSEY

    NOT A VALID MEMBER

  • Chad Carter

    Buyer's Agent in 2013

    Chad Carter

    Keller Williams Realty Metro Atlanta

    (404) 944-6577

    6 in this area

    214 Total Sales

    Chad Carter
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5131963

First Multiple Listing Service (FMLS)

APN: 15-203-05-051

Georgia DeKalb County Atlanta 30317 East Lake

48 Spence Ave NE, Atlanta, GA

This home is located at 48 Spence Ave NE, Atlanta, GA 30317 since 08 April 2013 and is currently estimated at $861,532. This property was built in 1950. 48 Spence Ave NE is a home located in DeKalb County with nearby schools including Toomer Elementary School, King Middle School, and Maynard Holbrook Jackson High School.

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