NOT LISTED FOR SALE

Estimated Value: $705,000 - $929,000

3 Beds
3 Baths
10,962 Sq Ft
$71/Sq Ft Est. Value

Last Sold February 05, 2015

Last sale price $436,500 $40 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,702/month

19 Days on Market

Highlights

  • City View
  • 0.5 Acre Lot
  • Community Playground
  • Midtown High School Rated A+
  • Property is near public transit
  • 2-minute walk to Morgan-Boulevard Park

About This Home

As of February 2015

Perfectly located historic building in the middle of booming Old Fourth Ward. Close to Atlanta Medical Center, Ponce City Market, The Beltline and many new developments to come. Structure has been gutted and asbestos abatement has taken place. Many potential uses for this property. Tax incentives may be available too through the City of Atlanta. Currently zoned RG-4 which allows for higher density than the current 8 unit building. Frontage on either Boulevard or Rankin.

Last Agent to Sell the Property

Jeff Mueller

Sage Real Estate Advisors, LLC License #242522 Listed on: 01/04/2015

Last Buyer's Agent

GANTEN KIRBY

NOT A VALID MEMBER License #340259

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1928

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Fixer Upper
  • Tile Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 10,962 Sq Ft Home
  • City Views

Location

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

Schools

  • Hope-Hill Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 501BoulevardNE

Community Details

Overview

  • 8 Units
  • Old Fourth Ward Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Fixer Upper
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Square Footage: 10962.00

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Tile
  • View: City

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping, Park, Playground, Public Transportation, Sidewalks, Street Lights
  • Subdivision Complex: Old Fourth Ward

Schools

  • Elementary School: Hope-Hill
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.5000
  • Lot Features: Level
  • Parcel Number: 501BoulevardNE
  • Property Attached Yn: No

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 8

Tax Info

  • Taxes: 1813.00
  • Assessor Parcel Number: 14-0047-0005-053
  • Close Date: 2015-02-05
  • Tax Year: 2014

MLS Schools

  • Elementary School: Hope-Hill
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2016
Sold by
Gabriella
Bought by
Poptanycz Kelly Marie and Rellergert Wade Gerald
Current Estimated Value
$780,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2010
Sold by
Nanci Gabriella
Bought by
Just Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
4.37%

Purchase Details

Closed on
Oct 31, 2007
Sold by
Branch Banking & Trust
Bought by
Stanwyk Llc

Purchase Details

Closed on
May 1, 2007
Sold by
Adg Trust
Bought by
Branch Banking & Trust Co

Purchase Details

Closed on
Feb 14, 2007
Sold by
Namho George
Bought by
Nanci Gabriella and Just Timothy

Purchase Details

Closed on
Nov 30, 2004
Sold by
Wicks Charles L
Bought by
Namho George
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
Poptanycz Kelly Marie $359,000 --
Just Timothy $212,000 --
Stanwyk Llc $350,000 --
Branch Banking & Trust Co $350,000 --
Nanci Gabriella $124,000 --
Namho George $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poptanycz Kelly Marie $414,000
Closed Poptanycz Kelly Marie $287,200
Previous Owner Just Timothy $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Sold $436,500 -9.0% $40 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/04/2015 01/04/15 For Sale $479,900 -- $44 / 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 $5,772 $256,000 $109,720 $146,280
2023 $11,120 $268,600 $109,720 $158,880
2022 $5,398 $201,960 $91,760 $110,200
2021 $5,349 $201,960 $91,760 $110,200
2020 $5,530 $246,760 $91,760 $155,000
2019 $486 $241,760 $90,160 $151,600
2018 $4,514 $142,400 $49,520 $92,880
2017 $3,939 $120,000 $14,560 $105,440
2016 $5,196 $120,000 $14,560 $105,440
2015 $4,048 $196,520 $14,560 $181,960
2014 $3,736 $82,400 $16,160 $66,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5380336

First Multiple Listing Service (FMLS)

APN: 14-0047-0003-058-1