NOT LISTED FOR SALE

505 Rankin St NE Atlanta, GA 30308

Old Fourth Ward Neighborhood

Estimated Value: $520,012 - $666,000

2 Beds
1.5 Baths
1,225 Sq Ft
$484/Sq Ft Est. Value

Last Sold February 24, 2014

Last sale price $147,900 $121 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $3,245/month

158 Days on Market

Highlights

  • Craftsman Architecture
  • Property is near public transit
  • Wood Flooring
  • Midtown High School Rated A+
  • Private Lot
  • 3-minute walk to Morgan-Boulevard Park

About This Home

As of February 2014

A TRUE CRAFTSMAN IN PERFECT LOCATION IN SOUGHT AFTER OLD FOURTH WARD. HUD HOME SOLD AS-IS . FHA INSURED W ITH ESCROW. INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED-SELLING AGENT TO VERIFY ALL INFO.

Last Agent to Sell the Property

Tony Narcisse

HomeSmart License #162023 Listed on: 06/21/2013

HomeSmart

Co-Listed By

Michelle Johnson

HomeSmart License #244531

Last Buyer's Agent

Bruce Ailion

RE/MAX Town and Country License #104826

RE/MAX Town and Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,577

Year Built

  • Built in 1920

Lot Details

  • Fenced
  • Private Lot
  • Level Lot

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry in Kitchen

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • Parking Accessed On Kitchen Level
  • Driveway Level

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Front Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 505RankinST

Community Details

Overview

  • Old Fourth Ward Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,577

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 1920
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1225.00

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Driveway, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: In Kitchen
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Park, Playground, Public Transportation, Sidewalks, Street Lights
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Old Fourth Ward

Schools

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

Lot Info

  • Plat Book: 32450
  • Plat Page: 492
  • Lot Features: Level, Private
  • Lot Dimensions: .07
  • Parcel Number: 505RankinST
  • Property Attached Yn: No

Tax Info

  • Taxes: 2577.00
  • Assessor Parcel Number: 14-0047-0006-049
  • Close Date: 2014-02-24
  • Tax Year: 2011

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
Feb 5, 2021
Sold by
Bowers Rebecca Lou Estate
Bought by
N American Mission Board Of Southern Bap
Current Estimated Value
$593,006

Purchase Details

Listed on
Jun 21, 2013
Closed on
Feb 24, 2014
Sold by
Secretary Of Housing And U
Bought by
Bowers Rebecca L
Seller's Agent
Tony Narcisse
HomeSmart
Buyer's Agent
Bruce Ailion
RE/MAX Town and Country
List Price
$156,275
Sold Price
$147,900
Premium/Discount to List
-$8,375
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$90,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Apr 3, 2007
Sold by
Huynh Pascal
Bought by
Louden Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,499
Interest Rate
6.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 15, 2005
Sold by
Armour Dana
Bought by
Huynh Pascal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2005
Sold by
Armour Dana
Bought by
Huynh Pascal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Armour Dana
Bought by
Huynh Pascal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2002
Sold by
Mason Jean
Bought by
Armour Dana

Purchase Details

Closed on
Jan 6, 1998
Sold by
Nini Inc
Bought by
Harris Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,800
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1997
Sold by
Ga Asset Props Inc
Bought by
Nini Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,800
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 1997
Sold by
Sanford Porter
Bought by
Ga Asset Props Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,800
Interest Rate
7.07%
Mortgage Type
New Conventional
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
N American Mission Board Of Southern Bap $465,000 --
Bowers Rebecca L $147,900 --
Secretary Of Housing And Urban $380,479 --
Bank Of America Na $380,479 --
Louden Debra L $214,400 --
Huynh Pascal $190,000 --
Huynh Pascal $190,000 --
Huynh Pascal $190,000 --
Armour Dana $160,000 --
Harris Curtis $44,900 --
Nini Inc $35,000 --
Ga Asset Props Inc $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowers Rebecca L $90,000
Previous Owner Louden Debra L $279,125
Previous Owner Louden Debra L $31,499
Previous Owner Louden Debra L $214,390
Previous Owner Huynh Pascal $133,000
Previous Owner Huynh Pascal $133,000
Previous Owner Huynh Pascal $133,000
Previous Owner Armour Dana $160,000
Previous Owner Harris Curtis $67,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $147,900 -5.4% $121 / Sq Ft
01/25/2014 01/25/14 Pending -- -- --
06/21/2013 06/21/13 For Sale $156,275 -- $128 / 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 $452 $199,880 $70,880 $129,000
2023 $8,507 $205,480 $70,880 $134,600
2022 $7,238 $178,840 $53,080 $125,760
2021 $6,921 $170,840 $98,800 $72,040
2020 $6,971 $170,160 $67,640 $102,520
2019 $481 $150,040 $66,880 $83,160
2018 $6,066 $146,520 $65,320 $81,200
2017 $5,264 $121,880 $11,680 $110,200
2016 $5,277 $121,880 $11,680 $110,200
2015 $5,743 $121,880 $11,680 $110,200
2014 $3,344 $73,760 $27,800 $45,960
Source: Public Records

Agents Affiliated with this Home

  • Tony Narcisse

    Seller's Agent in 2014

    Tony Narcisse

    HomeSmart

    (678) 778-7377

    30 Total Sales

    Tony Narcisse
    Section Image
  • Michelle Johnson

    Seller Co-Listing Agent in 2014

    Michelle Johnson

    HomeSmart

    (404) 566-0249

    29 Total Sales

    Michelle Johnson
    Section Image
  • Bruce Ailion

    Buyer's Agent in 2014

    Bruce Ailion

    RE/MAX

    (678) 520-9292

    121 Total Sales

    Bruce Ailion
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5162835

First Multiple Listing Service (FMLS)

APN: 14-0047-0006-049-7

Georgia Fulton County Atlanta 30308 Old Fourth Ward

505 Rankin St NE, Atlanta, GA

This home is located at 505 Rankin St NE, Atlanta, GA 30308 since 21 June 2013 and is currently estimated at $593,006, approximately $484 per square foot. This property was built in 1920. 505 Rankin St NE is a home located in Fulton County with nearby schools including The John Hope-Charles Walter Hill Elementary Schools, Midtown High School, and Kindezi Old 4th Ward.

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