NOT LISTED FOR SALE

5048 Lower Elm St Atlanta, GA 30349

Estimated Value: $188,000 - $217,000

2 Beds
2.5 Baths
1,500 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $169,900 $113 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,484/month

76 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Area or Nook
  • Traditional Architecture
  • Solid Surface Countertops
  • Formal Dining Room

About This Home

As of January 2022

Calling all Investors! Great tenant-occupied townhome with a great roommate floor plan with 2 large bedrooms with en-suite baths, 1 car garage parking, bright and open floor plan with plenty of natural light. Large fireside family room with a separate dining area and spacious kitchen with cherry cabinets, granite counters and appliances. Spacious bedrooms feature plenty of closet space and wall to wall carpet. Community Pool & Conveniently located nearby shopping, parks, and schools!

Last Agent to Sell the Property

Peter Marks

Compass License #325811 Listed on: 07/28/2021

Compass

Co-Listed By

Lena Scott

Method Real Estate Advisors License #365330

Last Buyer's Agent

Nikisha Gagne, Realtor

Sanders Real Estate License #375578

Sanders Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 2004

Lot Details

  • 2,396 Sq Ft Lot
  • Two or More Common Walls
  • Garden

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry in Hall

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Liberty Point Elementary School
  • Sandtown Middle School
  • Westlake High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Community Details

Overview

  • $380 Initiation Fee
  • Association fees include ground maintenance, management fee
  • High Grove Subdivision

Recreation

  • Community Playground

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,012

Year Built

Built in 2004

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: COGA03
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 0.055
  • Property Sub-Type: Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedrooms: 2
  • Dining Room Features: Separate Room
  • Basement: None
  • Interior Amenities: Walk-In Closet(s), Split Bedroom Plan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Solid Surface Counters

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Wood Siding
  • ExteriorFeatures: Garden
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Kitchen Level

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Hall
  • Security Features: Smoke Detector(s)
  • Utilities: Underground Utilities, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 840
  • Association: Yes
  • Community Features: Playground

Fee Information

  • Initiation Fee: 380
  • Association Fee Includes: Maintenance Grounds, Management Fee

Schools

  • Elementary School: Liberty Point
  • High School: Westlake
  • High School Bus: Yes
  • Middle School: Sandtown
  • Middle School Bus: Yes
  • Elementary School: Liberty Point
  • Middle School: Sandtown
  • High School: Westlake

Lot Info

  • Deed Book: 49870
  • Deed Page: 191
  • Plat Book: 49870
  • Plat Page: 191

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2012

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Jan 12, 2022
Sold by
5048 Lower Elm Llc
Bought by
Choctaw American Insurance Inc
Seller's Agent
Peter Marks
Compass
Buyer's Agent
Nikisha Gagne, Realtor
Sanders Real Estate
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$202,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,930
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Mar 14, 2011
Sold by
C King Investment Corp
Bought by
5048 Lower Elm Llc

Purchase Details

Closed on
Feb 11, 2011
Sold by
Deutsche Bk Trust 2006 & Ar25
Bought by
Cking Investment Corp

Purchase Details

Closed on
May 4, 2010
Sold by
Jones Shareka
Bought by
Indymac Indx Mtg Trust 2006 & Ar

Purchase Details

Closed on
Jul 7, 2006
Sold by
Lewis Britt Homes Llc
Bought by
Jones Shareka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Choctaw American Insurance Inc $169,900 --
Choctaw American Insurance Inc $169,900 --
5048 Lower Elm Llc $35,000 --
Cking Investment Corp $16,000 --
Indymac Indx Mtg Trust 2006 & Ar $37,566 --
Jones Shareka $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Shareka $87,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2022 01/12/22 Sold $169,900 0.0% $113 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $169,900 0.0% $113 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/09/2021 09/09/21 Price Changed $169,900 0.0% $113 / Sq Ft
09/09/2021 09/09/21 For Sale $169,900 -2.9% $113 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $174,900 0.0% $117 / Sq Ft
10/08/2013 10/08/13 Rented $875 0.0% --
10/08/2013 10/08/13 Under Contract -- -- --
09/24/2013 09/24/13 For Rent $875 -- --
Source: Georgia MLS

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 $4,105 $79,440 $14,160 $65,280
2023 $1,918 $67,960 $13,560 $54,400
2022 $2,411 $61,480 $11,360 $50,120
2021 $2,362 $59,000 $11,040 $47,960
2020 $2,012 $49,440 $7,440 $42,000
2019 $1,400 $35,440 $5,440 $30,000
2018 $697 $34,600 $5,320 $29,280
2017 $714 $17,520 $3,720 $13,800
2016 $714 $17,520 $3,720 $13,800
2015 $756 $17,520 $3,720 $13,800
2014 $756 $17,520 $3,720 $13,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 9023110

Georgia MLS

APN: 09F-3200-0137-074-8