NOT LISTED FOR SALE

538 Bismark Rd NE Unit 48 Atlanta, GA 30324

Morningside Neighborhood

Estimated Value: $607,000 - $777,000

3 Beds
3 Baths
-- Sq Ft
$185/mo HOA Fee

Last Sold October 31, 2017

Last sale price $430,000

Est. 52% increase in value since last sale

Current estimated payment $4,118/month

Highlights

  • Open-Concept Dining Room
  • Newly Remodeled
  • Property is walking distance to MARTA
  • Morningside Elementary School Rated A-
  • Contemporary Architecture
  • Oversized primary bedroom

About This Home

As of October 2017

Just released in Phase II of Manchester - Preselling now. Exceptional Hedgewood Homes community underway in the Midtown/Morningside neighborhood of Atlanta - a collection of over 100 new homes will feature gardens and green spaces, a pool with a view, and a stellar location. Unique and approachable living, right where Midtown, Morningside, and Buckhead meet. Photos are of similar homes.

Last Agent to Sell the Property

Allyson Golightly

Compass License #246932 Listed on: 10/14/2016

Compass

Co-Listed By

Pauline Miller

Compass License #144101

Last Buyer's Agent

Byron Williamson

Bolst, Inc. License #268786

Bolst, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,888

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Drive Under Main Level

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front
  • Stucco

Interior Spaces

  • 3-Story Property
  • Ceiling height of 10 feet on the main level
  • Entrance Foyer
  • Open-Concept Dining Room
  • Wood Flooring
  • Open Access

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry in Hall
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Location

  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Morningside- Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 48
  • Assessor Parcel Number 17 005000011273

Community Details

Overview

  • $300 Initiation Fee
  • 104 Units
  • Westwood Marketing Inc Association, Phone Number (470) 289-8431
  • Manchester Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,888

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary/Modern, Townhouse
  • Property Condition: New Construction
  • Year Built: 2016
  • Levels Stories: Three Or More
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Main
  • Kitchen Features: Cabinets Other, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Total Full Baths: 3
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Construction Materials: Brick Front, Cement Siding, Stucco
  • Roof Type: Composition

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Drive Under Main Level, Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Hall, Upper Floor

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Reserve Fund
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Marta, Near Shopping, Pool
  • Association Fee: 185
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Management Phone: 470-289-8431
  • Subdivision Complex: Manchester

Association/Amenities

  • Number Of Units In Community: 104
  • Management Company: Westwood Marketing Inc

Lot Info

  • Lot: 48
  • Lot Features: Landscaped
  • Parcel Number: 17 005000011273
  • Property Attached Yn: Yes

Green Features

  • Efficiency: HVAC, Thermostat

Rental Info

  • Initiation Fee: 300

Tax Info

  • Tax Year: 2015

MLS Schools

  • Elementary School: Morningside-
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Arrigo Michael
Bought by
Chacon Nancy
Current Estimated Value
$654,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$288,088
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$366,285

Purchase Details

Listed on
Oct 14, 2016
Closed on
Oct 31, 2017
Sold by
Luxe Properties Inc
Bought by
Michael Arrigo and Arrigo Erin
Seller's Agent
Allyson Golightly
Compass
Buyer's Agent
Byron Williamson
Bolst, Inc.
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$387,000
Interest Rate
3.85%
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
Chacon Nancy $495,000 --
Michael Arrigo $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacon Nancy $325,000
Previous Owner Michael Arrigo $387,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $430,000 0.0% --
11/14/2016 11/14/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $430,000 -- --
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 $5,888 $238,520 $51,520 $187,000
2023 $9,577 $231,320 $31,360 $199,960
2022 $7,066 $221,920 $31,120 $190,800
2021 $6,430 $198,000 $34,400 $163,600
2020 $5,851 $196,640 $51,200 $145,440
2019 $6,645 $199,920 $58,680 $141,240
2018 $5,821 $169,080 $29,320 $139,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5762327

First Multiple Listing Service (FMLS)

APN: 17-0050-0001-127-3