NOT LISTED FOR SALE

501 Montgomery Ferry Rd NE Atlanta, GA 30324

Morningside Neighborhood

Estimated Value: $1,142,000 - $1,458,000

5 Beds
4 Baths
3,251 Sq Ft
$406/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $1,047,000 $322 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,026/month

Highlights

  • City View
  • Property is near public transit
  • Three Sided Brick Exterior Elevation
  • Morningside Elementary School Rated A-
  • Park
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Ideal completely renovated duplex just TWO blocks from the beltline! Both units have been tastefully renovated with all new bathrooms and kitchens. The first floor unit is a three bedroom and two bath unit and the upstairs unit has two bedroom and two bathrooms. Each unit has a separate dining room and breakfast room off the kitchen. Both of the kitchens have stainless appliances, stone countertops and a spacious pantry. Second floor unit has beautiful views of Midtown Atlanta from a wonderful balcony. Also, both units each have a spacious deck at the front of the property. Hardwood floors throughout! Both units have separate Washer and dryer. Plenty of parking in the rear of the property with a two car carport and additional space for other cars. Roof is only a few years old!

Last Agent to Sell the Property

David Jones

Compass License #241288 Listed on: 04/15/2021

Compass

Last Buyer's Agent

Annette Coker

Bolst, Inc. License #262866

Bolst, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,751

Year Built

  • Built in 1940

Lot Details

  • 7,449 Sq Ft Lot
  • Lot Dimensions are 87x150x15x143

Home Design

  • Duplex
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • City Views

Parking

  • 3 Parking Spaces
  • Carport
  • Driveway

Location

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 17 005600070075

Community Details

Overview

  • 2 Units
  • Piedmont Heights Subdivision

Recreation

  • Park
  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,751

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1940
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking Features: Carport, Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Beltline, Public Transportation, Near Trails/Greenway, Park, Sidewalks, Near Marta, Near Shopping
  • Subdivision Complex: Piedmont Heights

Lot Info

  • Acres: 0.1710
  • Lot Dimensions: 87x150x15x143
  • Parcel Number: 17 005600070075
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 7751.00
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Morningside-
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 7, 2021
Sold by
Moore Tony
Bought by
Jms Sweeney Llc
Seller's Agent
David Jones
Compass
Buyer's Agent
Annette Coker
Bolst, Inc.
List Price
$995,000
Sold Price
$1,047,000
Premium/Discount to List
$52,000
5.23%
Current Estimated Value
$1,321,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,419
Avg. Annual Appreciation
5.33%

Purchase Details

Listed on
Jun 26, 2014
Closed on
Dec 5, 2014
Sold by
Moore Tori T
Bought by
Moore Tori T and Moore Tony A
Seller's Agent
Julie Brittain
Real Broker, LLC.
Buyer's Agent
David Jones
Compass
List Price
$575,000
Sold Price
$473,500
Premium/Discount to List
-$101,500
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$402,475
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2002
Sold by
Yager Sara S
Bought by
Angus Shane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2002
Sold by
Yager Sara S
Bought by
Wallace Mary B

Purchase Details

Closed on
Mar 20, 1998
Sold by
Thompson Stuart C
Bought by
Yager Sara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1993
Sold by
Sweating Larry A
Bought by
Rasco Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Interest Rate
7.09%
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
Jms Sweeney Llc $1,047,000 --
Moore Tori T -- --
Moore Tori T $473,500 --
Angus Shane C $443,000 --
Wallace Mary B $8,300 --
Refsland Diana $8,300 --
Yager Sara S $329,000 --
Rasco Scott A $214,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Tori T $402,475
Previous Owner Angus Shane C $354,400
Previous Owner Yager Sara S $263,200
Previous Owner Rasco Scott A $192,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2021 05/07/21 Sold $1,047,000 +5.2% $322 / Sq Ft
04/15/2021 04/15/21 For Sale $995,000 +110.1% $306 / Sq Ft
12/05/2014 12/05/14 Sold $473,500 -17.7% $158 / Sq Ft View Prior Sale
10/29/2014 10/29/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $575,000 0.0% $192 / Sq Ft
10/23/2012 10/23/12 Rented $1,750 0.0% --
10/23/2012 10/23/12 Under Contract -- -- --
10/18/2012 10/18/12 For Rent $1,750 -- --
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 $12,908 $411,840 $88,920 $322,920
2023 $14,482 $349,800 $69,640 $280,160
2022 $14,156 $349,800 $69,640 $280,160
2021 $9,317 $309,440 $67,600 $241,840
2020 $7,751 $240,000 $35,320 $204,680
2019 $932 $240,000 $35,320 $204,680
2018 $6,662 $291,960 $35,320 $256,640
2017 $6,936 $189,400 $22,880 $166,520
2016 $6,955 $189,400 $22,880 $166,520
2015 $7,872 $189,400 $22,880 $166,520
2014 $7,903 $204,600 $24,720 $179,880
Source: Public Records

Agents Affiliated with this Home

  • David Jones

    Seller's Agent in 2021

    David Jones

    Compass

    (404) 966-5483

    9 in this area

    101 Total Sales

    David Jones
    Section Image
  • Annette Coker

    Buyer's Agent in 2021

    Annette Coker

    Bolst, Inc.

    (404) 309-0504

    1 in this area

    51 Total Sales

    Annette Coker
    Section Image
  • Julie Brittain

    Seller's Agent in 2014

    Julie Brittain

    Real Broker, LLC.

    (404) 966-3328

    72 Total Sales

    Julie Brittain
    Section Image

  • C

    Buyer's Agent in 2012

    Chance Beasley

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6870053

First Multiple Listing Service (FMLS)

APN: 17-0056-0007-007-5

Georgia Fulton County Atlanta 30324 Morningside

501 Montgomery Ferry Rd NE, Atlanta, GA

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