NOT LISTED FOR SALE

488 Montgomery Ferry Rd NE Atlanta, GA 30324

Morningside Neighborhood

Estimated Value: $838,406 - $1,004,000

4 Beds
2 Baths
1,971 Sq Ft
$470/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $354,500 $180 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $5,512/month

Highlights

  • Private Lot
  • Four Sided Brick Exterior Elevation
  • Forced Air Heating System
  • Morningside Elementary School Rated A-
  • Property is near shops

About This Home

As of October 2013

Classic mid-century duplex on large lot near entrance to Ansley Park and larger homes in Morningside. Generous sized Bedrooms. Hardwood floors throughout in great condition. Ample parking with double carport. Charming shared deck. Unit 1 has a sunroom or office. Multiple laundry connections.

Last Agent to Sell the Property

David Glassco

RE/MAX Around Atlanta Realty License #169226 Listed on: 08/15/2013

RE/MAX Around Atlanta Realty

Last Buyer's Agent

Trav Carter

Carter Realty Group License #203282

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,916

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70x154
  • Private Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Varies By Unit
  • Driveway

Schools

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

Additional Features

  • Property is near shops
  • Forced Air Heating System

Community Details

  • 2 Units
  • Piedmont Hts Subdivision

Listing and Financial Details

  • Legal Lot and Block 65 / 3
  • Assessor Parcel Number 488MontgomeryFerryRDNE

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,916

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

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Carport, Driveway, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air

Condo/Co-op/Association

  • Community Features: Near Shopping
  • Subdivision Complex: Piedmont Hts

Lot Info

  • Acres: 0.3300
  • Lot: 65
  • Lot Features: Private
  • Lot Dimensions: 70x154
  • Parcel Number: 488MontgomeryFerryRDNE
  • Property Attached Yn: No

Tax Info

  • Taxes: 5916.00
  • Tax Year: 2012

Multi Family

  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 18, 2013
Sold by
Waters Allan I
Bought by
Film Vanderkloot and Film Televisio
Seller's Agent
David Glassco
RE/MAX Around Atlanta Realty
Buyer's Agent
Trav Carter
Carter Realty Group
List Price
$375,000
Sold Price
$354,500
Premium/Discount to List
-$20,500
-5.47%
Current Estimated Value
$926,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,102
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Jun 8, 2007
Sold by
Lupu Family Trust
Bought by
Waters Allan I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.12%
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
Film Vanderkloot $354,500 --
Waters Allan I $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waters Allan I $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2013 10/18/13 Sold $354,500 -5.5% $180 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $375,000 -- $190 / 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 $7,656 $240,000 $76,240 $163,760
2023 $10,410 $240,000 $76,240 $163,760
2022 $8,230 $203,360 $92,240 $111,120
2021 $8,238 $203,360 $92,240 $111,120
2020 $5,563 $221,800 $92,240 $129,560
2019 $491 $135,800 $27,080 $108,720
2018 $5,622 $135,800 $27,080 $108,720
2017 $4,985 $135,800 $27,080 $108,720
2016 $5,880 $135,800 $27,080 $108,720
2015 $5,895 $135,800 $27,080 $108,720
2014 $6,157 $135,800 $27,080 $108,720
Source: Public Records

Agents Affiliated with this Home

  • David Glassco

    Seller's Agent in 2013

    David Glassco

    RE/MAX

    (404) 888-0991

    2 in this area

    16 Total Sales

    David Glassco
    Section Image

  • T

    Buyer's Agent in 2013

    Trav Carter

    Carter Realty Group

    (678) 777-5010

    1 in this area

    11 Total Sales

    Trav Carter
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5186353

First Multiple Listing Service (FMLS)

APN: 17-0056-0003-065-7

Georgia Fulton County Atlanta 30324 Morningside

488 Montgomery Ferry Rd NE, Atlanta, GA

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