NOT LISTED FOR SALE

505 Holly St NW Atlanta, GA 30318

Grove Park Neighborhood

Estimated Value: $190,329 - $217,000

2 Beds
1 Bath
1,200 Sq Ft
$172/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $206,000 $172 Per Sq Ft

Current estimated payment $1,118/month

54 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Park
  • Private Lot
  • Formal Dining Room
  • Home Security System

About This Home

As of October 2023

INVESTORS and HOMEOWNERS!! Charming bungalow on a large, private lot in Grove Park. Just minutes to the Westside BeltLine Trail, Westside Reservoir Park, and Bellwood Quarry. Explore the city at your fingertips with major interstates and MARTA just minutes away. Convenient to Mercedes Benz Stadium, Atlanta Airport, Downtown, dining, and shopping. Short walk to Grove Park. Perfect starter home at a fantastic price. Spacious family room. The large dining room provides great flex space options for a playroom or an at-home office. Bonues - the formal dining room can easily be made into a third bedroom making the house a 3 bed/1 bath home. Spacious white kitchen. With mature plantings and a nice amount of green grassy space for play, the outdoor space will not disappoint! New exterior and interior paint. Newer windows, roof, and heat pump. Neutral paint throughout. Move-in ready for owner-occupants, but also a great rental option for INVESTORS! Don't miss this opportunity!

Last Agent to Sell the Property

Rhonda Duffy

Duffy Realty License #177871 Listed on: 07/05/2023

Last Buyer's Agent

Cristi Palmer

Atlanta Communities License #369204

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Private Lot
  • Level Lot

Parking

  • Parking Accessed On Kitchen Level

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Family Room
  • Formal Dining Room
  • Laminate Flooring
  • Pull Down Stairs to Attic
  • Home Security System

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Woodson Elementary School
  • Douglass High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Grove Park Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,064

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • ArchitecturalStyle: Bungalow/Cottage
  • Electric: 220 Volts
  • Financing Type: Conventional 90%
  • GreenEnergyEfficient: Windows
  • Levels: One
  • Lot Size Acres: .18
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1200
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Bedrooms: 2
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Interior Amenities: Pulldown Attic Stairs, Master On Main Level
  • Full Bathrooms: 1
  • Fireplace Features: Masonry
  • Flooring: Laminate

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • Foundation Details: Slab
  • Lot Features: Level, Private
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Kitchen Level

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Central, Heat Pump
  • Laundry Features: Other
  • Security Features: Security System
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodson
  • High School: Douglass
  • High School Bus: No
  • Middle School: Other
  • Middle School Bus: No

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1064

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Oct 6, 2023
Sold by
Marosy Ryan
Bought by
Yacoob Afzal
Seller's Agent
Rhonda Duffy
Duffy Realty
Buyer's Agent
Cristi Palmer
Atlanta Communities
List Price
$259,500
Sold Price
$206,000
Premium/Discount to List
-$53,500
-20.62%
Views
77
Current Estimated Value
$206,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332
Avg. Annual Appreciation
0.08%
Original Mortgage
$199,820
Outstanding Balance
$195,898
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$10,434

Purchase Details

Closed on
Feb 24, 2016
Sold by
Campbell Joel M
Bought by
Marosy Ryan

Purchase Details

Closed on
Feb 14, 2013
Sold by
Harbour Portfolio Vii Lp
Bought by
Campbell Joel M

Purchase Details

Closed on
Feb 24, 2012
Sold by
Federal National Mortgage Association
Bought by
Harbour Portfolio Vii Lp

Purchase Details

Closed on
Aug 2, 2011
Sold by
Bank Of America Na
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jan 14, 1999
Sold by
Approved Residential Mtg Inc
Bought by
Erbil Ahmet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.72%

Purchase Details

Closed on
Mar 9, 1998
Sold by
Prince Angel H
Bought by
Approved Residential Mtg Inc

Purchase Details

Closed on
Jan 23, 1997
Sold by
Harris Willie Ruth
Bought by
Prince Angel H

Purchase Details

Closed on
Dec 19, 1996
Sold by
Francis Anon E
Bought by
Harris Willie Ruth

Purchase Details

Closed on
Jun 21, 1996
Sold by
Secretary Of Hud
Bought by
Francis Anon E

Purchase Details

Closed on
Aug 1, 1995
Sold by
Chase Manhattan Mtg Corp
Bought by
Secretary Of Hud

Purchase Details

Closed on
Sep 14, 1993
Sold by
Norwood Joyce B
Bought by
Wilson Willie C
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
Yacoob Afzal $206,000 --
Marosy Ryan $7,500 --
Campbell Joel M $7,700 --
Harbour Portfolio Vii Lp $7,946 --
Federal National Mtg Associati $7,300 --
Bank Of America Na $7,300 --
Erbil Ahmet $47,000 --
Approved Residential Mtg Inc $64,756 --
Prince Angel H $67,000 --
Harris Willie Ruth $49,900 --
Francis Anon E -- --
Secretary Of Hud -- --
Chase Manhattan Mtg Corp $53,000 --
Wilson Willie C $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yacoob Afzal $199,820
Previous Owner Erbil Ahmet $42,000
Closed Wilson Willie C --
Closed Francis Anon E $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $206,000 +3.0% $172 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $200,000 -9.1% $167 / Sq Ft
08/10/2023 08/10/23 Price Changed $220,000 -12.0% $183 / Sq Ft
07/31/2023 07/31/23 Price Changed $250,000 -3.7% $208 / Sq Ft
07/05/2023 07/05/23 For Sale $259,500 -- $216 / Sq Ft
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 $454 $105,400 $23,000 $82,400
2023 $1,941 $46,880 $20,560 $26,320
2022 $1,064 $46,880 $20,560 $26,320
2021 $1,065 $26,280 $12,240 $14,040
2020 $1,077 $26,280 $12,240 $14,040
2019 $483 $26,280 $12,240 $14,040
2018 $427 $10,320 $2,880 $7,440
2017 $430 $9,960 $2,800 $7,160
2016 $431 $9,960 $2,800 $7,160
2015 $891 $9,960 $2,800 $7,160
2014 $139 $3,060 $700 $2,360
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Duffy

    Seller's Agent in 2023

    Rhonda Duffy

    Duffy Realty

    (678) 318-3613

    6 in this area

    1,507 Total Sales

    Rhonda Duffy
    Section Image
  • Cristi Palmer

    Buyer's Agent in 2023

    Cristi Palmer

    Atlanta Communities

    (404) 642-1387

    1 in this area

    137 Total Sales

    Cristi Palmer
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10176757

Georgia MLS

APN: 14-0146-0008-026-3

Georgia Fulton County Atlanta 30318 Grove Park

505 Holly St NW, Atlanta, GA

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