NOT LISTED FOR SALE

507 Gartrell St SE Atlanta, GA 30312

Old Fourth Ward Neighborhood

Estimated Value: $1,072,000 - $1,114,000

0.08 Acre
$14,360,184 Price per Acre
3,311 Sq Ft Lot

Last Sold August 26, 2016

Last sale price $130,000

Est. 740% increase in value since last sale

Current estimated payment $6,730/month

92 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Restaurant
  • Midtown High School Rated A+
  • Park

About This Lot

As of August 2016

Atlanta's hottest neighborhood, the Old Fourth Ward. Very desirable flat, level lot zoned R5. Owner has lot adjoining at 55 Daniel Street. Lots must be purchased together. Build your dream home in one of the most walkable locations in the city surrounded by resurgent restaurant, bar, retail and shopping of Edgewood Avenue. Near Krog Street Market & Shops of Inman, which connects to The Beltline and walks right to Ponce City Market. Other area attractions include Freedom Park, Edgewood Street Car & so much more.

Last Agent to Sell the Property

Andrew Malone

RE/MAX Around Atlanta Realty License #254495 Listed on: 04/05/2016

RE/MAX Around Atlanta Realty

Last Buyer's Agent

Charles Moore

Newport Realty Associates, LLC. License #167822

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $687

Lot Details

  • 3,311 Sq Ft Lot
  • Lot Dimensions are 52x51 x 52x72
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned R5

Location

  • Property is near public transit

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 004500030765

Community Details

Recreation

  • Park

Additional Features

  • Old Fourth Ward Subdivision
  • Restaurant

Property Details

Property Type

Land

Est. Annual Taxes

$687

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Acres: 0.0760
  • Land/Lot: 45
  • Current Zoning: R5
  • Plat Book: 257
  • Plat Page: 14
  • Lot Features: Corner Lot, Curbs & Gutters, Level, Street Lights
  • Lot Dimensions: 52x51 X 52x72
  • Parcel Number: 14 004500030765
  • Price Acre Dollar: 1710526.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 687.00
  • Assessor Parcel Number: 14-0045-0003-076-5
  • Close Date: 2016-08-26
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Alphorma Llc
Bought by
Carse Steven
Current Estimated Value
$1,091,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Outstanding Balance
$513,560
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$577,814

Purchase Details

Closed on
May 23, 2019
Sold by
Parker Jason
Bought by
Alphorma Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Outstanding Balance
$513,560
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$577,814

Purchase Details

Listed on
Apr 5, 2016
Closed on
Aug 26, 2016
Bought by
Parker Jason
Seller's Agent
Andrew Malone
RE/MAX Around Atlanta Realty
Buyer's Agent
Charles Moore
Newport Realty Associates, LLC.
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.64%

Purchase Details

Closed on
Nov 11, 2009
Sold by
Tunis Preston
Bought by
Key Corner Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2007
Sold by
Wilson Robert P
Bought by
Tunis Preston and Goldstein Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
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
Carse Steven $730,000 --
Alphorma Llc -- --
Parker Jason $130,000 --
Key Corner Properties Llc $16,700 --
Tunis Preston $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carse Steven $584,000
Previous Owner Key Corner Properties Llc $380,000
Previous Owner Tunis Preston $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $130,000 +4.0% --
07/06/2016 07/06/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $125,000 -- --
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 $9,535 $395,440 $65,480 $329,960
2023 $14,076 $340,000 $65,480 $274,520
2022 $10,678 $340,000 $65,480 $274,520
2021 $10,688 $263,840 $97,920 $165,920
2020 $11,962 $292,000 $38,520 $253,480
2019 $434 $151,000 $50,080 $100,920
2018 $1,620 $39,120 $39,120 $0
2017 $777 $18,000 $18,000 $0
2016 $779 $18,000 $18,000 $0
2015 $1,029 $24,520 $24,520 $0
2014 -- $24,520 $24,520 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Malone

    Seller's Agent in 2016

    Andrew Malone

    RE/MAX

    (404) 246-3265

    1 in this area

    140 Total Sales

    Andrew Malone
    Section Image
  • Charles Moore

    Buyer's Agent in 2016

    Charles Moore

    Newport Realty Associates, LLC.

    (678) 656-9346

    16 Total Sales

    Charles Moore
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5670491

First Multiple Listing Service (FMLS)

APN: 14-0045-0003-076-5

Georgia Fulton County Atlanta 30312 Old Fourth Ward

507 Gartrell St SE, Atlanta, GA

This home is located at 507 Gartrell St SE, Atlanta, GA 30312 since 05 April 2016 and is currently estimated at $1,091,374. 507 Gartrell St SE is a home located in Fulton County with nearby schools including The John Hope-Charles Walter Hill Elementary Schools, Midtown High School, and Wesley International Academy.

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