NOT LISTED FOR SALE

492 Calhoun St NW Atlanta, GA 30318

Home Park Neighborhood

Estimated Value: $729,362 - $1,392,000

4 Beds
4 Baths
7,632 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 15, 2014

Last sale price $540,000 $71 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,507/month

Highlights

  • 0.33 Acre Lot
  • Property is near public transit
  • Restaurant
  • Midtown High School Rated A+
  • Accessible Entrance
  • Forced Air Heating System

About This Home

As of September 2014

Incredible investment opportunity! 492 and 496 Calhoun Street are adjacent duplexes located two blocks from Georgia Tech in Atlanta's Home Park neighborhood. Owner prefers to sell the properties together, but would consider selling separately given the right terms. Together, the properties contain four 6BD/3BA units and are 100% occupied. Leases are in place through July 2015 and generate $14,400 per month, or $172,800 annually!

Last Agent to Sell the Property

Joshua Herndon

NOT A VALID MEMBER License #311415 Listed on: 07/01/2014

Last Buyer's Agent

JOHN EHLINGER

NOT A VALID MEMBER License #DUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,306

Year Built

  • Built in 1992

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 76' x 99'
  • Level Lot

Parking

  • Parking Lot

Home Design

  • 7,632 Sq Ft Home
  • Duplex
  • Frame Construction
  • Ridge Vents on the Roof
  • Composition Roof
  • Vinyl Siding

Accessible Home Design

  • Accessible Entrance

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Centennial Place Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 492CalhounSTNW

Community Details

Overview

  • 2 Units
  • Home Park Subdivision

Amenities

  • Restaurant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,306

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1992
  • Accessibility Features: Accessible Entrance
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Square Footage: 7632.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Composition, Ridge Vents

Garage/Parking

  • Parking Features: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Shopping, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Home Park

Schools

  • Elementary School: Centennial Place
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.3300
  • Land/Lot: 149
  • Deed Book: 51424
  • Deed Page: 148
  • Plat Book: N/
  • Plat Page: A
  • Lot Features: Level
  • Lot Dimensions: 76' x 99'
  • Parcel Number: 492CalhounSTNW
  • Property Attached Yn: No

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 3306.00
  • Assessor Parcel Number: 17-0149-0006-142
  • Close Date: 2014-09-15
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Shek Jeffrey
Bought by
492 Calhoun St Llc
Current Estimated Value
$1,086,341

Purchase Details

Closed on
Nov 17, 2021
Sold by
492 Calhoun St Llc
Bought by
Shek Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2019
Sold by
Hpl Vi Llc
Bought by
492 Calhoun St Llc

Purchase Details

Listed on
Jul 1, 2014
Closed on
Sep 15, 2014
Sold by
Jog Investments Llc
Bought by
Shek Jeffrey
Seller's Agent
Joshua Herndon
NOT A VALID MEMBER
Buyer's Agent
JOHN EHLINGER
NOT A VALID MEMBER
List Price
$662,500
Sold Price
$540,000
Premium/Discount to List
-$122,500
-18.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$315,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2012
Closed on
Dec 3, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gilroy Pat
Seller's Agent
CHARITA GRAY
Urbanscape Realty, Inc.
Buyer's Agent
CHARITA GRAY
Urbanscape Realty, Inc.
List Price
$262,174
Sold Price
$262,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.41%

Purchase Details

Closed on
May 1, 2012
Sold by
Cohen Jeffrey Adam
Bought by
Jog Investments Llc
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
492 Calhoun St Llc -- --
Shek Jeffrey -- --
492 Calhoun St Llc -- --
Shek Jeffrey $540,000 --
Shek Jeffrey $540,000 --
Gilroy Pat $262,174 --
Jog Investments Llc $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shek Jeffrey $612,500
Previous Owner Shek Jeffrey $315,000
Previous Owner Jog Investments Llc $350,000
Previous Owner Cohen Jeffrey A $437,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2014 09/15/14 Sold $540,000 -18.5% $71 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $662,500 +152.7% $87 / Sq Ft
12/07/2012 12/07/12 Sold $262,174 0.0% $34 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $262,174 -- $34 / 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 $8,630 $269,280 $79,800 $189,480
2023 $8,942 $216,000 $58,840 $157,160
2022 $8,742 $216,000 $58,840 $157,160
2021 $6,077 $238,200 $58,840 $179,360
2020 $6,145 $150,000 $24,400 $125,600
2019 $281 $150,000 $24,400 $125,600
2018 $4,077 $150,000 $24,400 $125,600
2017 $4,253 $98,480 $22,600 $75,880
2016 $4,264 $98,480 $22,600 $75,880
2015 $4,394 $98,480 $22,600 $75,880
2014 $4,465 $98,480 $22,600 $75,880
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joshua Herndon

    NOT A VALID MEMBER

  • J

    Buyer's Agent in 2014

    JOHN EHLINGER

    NOT A VALID MEMBER

  • C

    Seller's Agent in 2012

    CHARITA GRAY

    Urbanscape Realty, Inc.

    (404) 456-9005

    10 Total Sales

    CHARITA GRAY
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5312259

First Multiple Listing Service (FMLS)

APN: 17-0149-0006-142-0

Georgia Fulton County Atlanta 30318 Home Park

492 Calhoun St NW, Atlanta, GA

This home is located at 492 Calhoun St NW, Atlanta, GA 30318 since 01 July 2014 and is currently estimated at $1,086,341, approximately $142 per square foot. This property was built in 1992. 492 Calhoun St NW is a home located in Fulton County with nearby schools including Midtown High School, Centennial Academy, and KIPP WAYS Academy.

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