NOT LISTED FOR SALE

503 McGill Park Ave NE Unit 503 Atlanta, GA 30312

Old Fourth Ward Neighborhood

Estimated Value: $271,000 - $283,000

2 Beds
1 Bath
-- Sq Ft
$315/mo HOA Fee

Last Sold April 23, 2015

Last sale price $142,500

Est. 94% increase in value since last sale

Current estimated payment $1,922/month

18 Days on Market

Highlights

  • Fitness Center
  • Open-Concept Dining Room
  • Clubhouse
  • Midtown High School Rated A+
  • City View
  • Traditional Architecture

About This Home

As of April 2015

Designer's dream, Open floor plan, middle walk-in level (no stairs!) in gated community w/ custom kitchen, stainless steel appliances, granite counters & designer cabinets w/ pull-out shelves. Beautiful hardwoods, pre-wired for cable & HD DirectTV. Spa-like bath is fully renovated, w/ double sink & fabulous walk-in shower. Unit faces wonderfully landscaped lawn w/ awesome views of downtown & midtown. Complex features pool & fitness center. Near Beltline, Old 4th Ward Park & Skate park, close by Highlands Bakery and Poncey Highland area for restaurants & shops.

Last Agent to Sell the Property

SUSAN ESHBACK

Atlanta Communities License #297357 Listed on: 03/06/2015

Atlanta Communities

Last Buyer's Agent

Joani Gruczkowski

Above Atlanta, LLC. License #250402

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $992

Year Built

  • Built in 1992

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $315 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • City Views
  • Security Gate

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall

Parking

  • Parking Pad
  • Parking Lot

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 14 004600131349

Community Details

Overview

  • Community Management Association
  • Secondary HOA Phone (404) 835-9105
  • Mid-Rise Condominium
  • Mcgill Park Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$992

Year Built

Built in 1992

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories), Traditional
  • Property Condition: Resale
  • Year Built: 1992
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Other
  • Dining Room Features: Open Concept

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Shower Only

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Exterior Features: Balcony
  • View: City

Garage/Parking

  • Parking Features: Parking Lot, Parking Pad

Utilities

  • Security: Key Card Entry, Security Gate
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: In Hall, Laundry Room

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Trash, Water
  • Community Features: Clubhouse, Fitness Center, Pool
  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: dhoffman@cmacommunities.com
  • Management Phone: 404-835-9105
  • Subdivision Complex: McGill Park

Association/Amenities

  • Management Company: Community Management

Schools

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

Lot Info

  • Land/Lot: 46
  • Deed Book: 12052
  • Deed Page: 153
  • Plat Book: 10
  • Plat Page: 66
  • Lot Features: Landscaped
  • Parcel Number: 14 004600131349
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 992.00
  • Assessor Parcel Number: 14-0046-0013-134-9
  • Close Date: 2015-04-23
  • 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

Listed on
Mar 6, 2015
Closed on
Apr 23, 2015
Sold by
Savoy Keri Dee
Bought by
Sims Periean H
Seller's Agent
SUSAN ESHBACK
Atlanta Communities
Buyer's Agent
Joani Gruczkowski
Above Atlanta, LLC.
List Price
$140,000
Sold Price
$142,500
Premium/Discount to List
$2,500
1.79%
Total Days on Market
18
Current Estimated Value
$276,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,715
Avg. Annual Appreciation
6.60%
Original Mortgage
$114,000
Outstanding Balance
$88,422
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$187,793

Purchase Details

Closed on
Feb 2, 2012
Sold by
Dobbs Keri Savoy
Bought by
Savoy Keri Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2003
Sold by
Dobbs Steven D
Bought by
Dobbs Steven D and Dobbs Keri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 29, 1993
Sold by
Gibraltar Land Inc
Bought by
Dobbs Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,300
Interest Rate
7.52%
Mortgage Type
FHA
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
Sims Periean H $142,500 --
Savoy Keri Dee -- --
Dobbs Steven D -- --
Dobbs Steven D -- --
Dobbs Steven D $92,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Periean H $114,000
Previous Owner Savoy Keri Dee $82,500
Previous Owner Dobbs Keri $90,800
Previous Owner Dobbs Steven D $65,000
Previous Owner Dobbs Steven D $77,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2015 04/23/15 Sold $142,500 +1.8% --
03/24/2015 03/24/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $140,000 0.0% --
05/01/2013 05/01/13 Rented $13,600 +946.2% --
04/01/2013 04/01/13 Under Contract -- -- --
03/13/2013 03/13/13 For Rent $1,300 -- --
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 $1,218 $96,000 $15,320 $80,680
2023 $4,365 $96,000 $15,320 $80,680
2022 $963 $84,880 $12,040 $72,840
2021 $816 $78,640 $13,120 $65,520
2020 $788 $77,720 $12,960 $64,760
2019 $95 $36,000 $7,320 $28,680
2018 $1,490 $36,000 $7,320 $28,680
2017 $2,462 $36,000 $11,960 $24,040
2016 $2,468 $57,000 $11,960 $45,040
2015 $981 $21,880 $4,600 $17,280
2014 $992 $21,880 $4,600 $17,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5506130

First Multiple Listing Service (FMLS)

APN: 14-0046-0013-134-9