NOT LISTED FOR SALE

542 Orme Cir NE Atlanta, GA 30306

Virginia Highland Neighborhood

Estimated Value: $2,553,000 - $3,189,000

0.58 Acre
$5,006,424 Price per Acre
25,265 Sq Ft Lot

Last Sold December 30, 2019

Last sale price $970,000

Est. 199% increase in value since last sale

Current estimated payment $18,480/month

11 Days on Market

Highlights

  • City View
  • 0.58 Acre Lot
  • Property is walking distance to MARTA
  • Midtown High School Rated A+
  • Property borders a national or state park
  • Tennis Courts

About This Lot

As of December 2019

An incredibly rare opportunity on just over a half an acre lot directly adjacent and around the corner from a Piedmont Park entrance and The Atlanta BeltLine. The opportunities are almost endless to create a jewel of a home directly adjacent to the jewel of Midtown. As if half an acre weren't enough, your lifestyle will be enhanced by countless festivals, events, and activities with Piedmont Park, the Atlanta Botanical Garden, and The Beltline a stone's throw away. And, we're making it easy for you - the hurdles are taken care of with the option to build the already planned and permitted home that includes a master on the main, a finished basement, and a crow's nest to survey your oasis. The specialness of this lot - it's size, it's location - could be a once in a lifetime opportunity. Call for more info.

Last Agent to Sell the Property

Stephen Beckwith

Atlanta Fine Homes Sotheby's International License #249657 Listed on: 12/04/2019

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Joann E Friedrich

Keller Williams Realty Atl North License #147607

Keller Williams Realty Atl North

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,631

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 36x263x87x75x259
  • Property fronts a state road
  • Property borders a national or state park
  • Sloped Lot
  • Cleared Lot
  • Property is zoned R4

Interior Spaces

  • 1-Story Property
  • City Views

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

  • Springdale Park Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17 005400010248

Community Details

Overview

  • Virginia Highland Subdivision

Recreation

  • Tennis Courts
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$8,631

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Property Condition: Resale
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Other

Exterior Features

  • View: City

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Park, Sidewalks, Street Lights, Tennis Court(s)
  • Subdivision Complex: Virginia Highland

Schools

  • Elementary School: Springdale Park
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.5800
  • Possible Use: Residential
  • Current Zoning: R4
  • Current Use: Residential
  • Lot Features: Borders US/State Park, Sidewalk, Sloped, Street Lights
  • Lot Dimensions: 36X263X87X75X259
  • Parcel Number: 17 005400010248
  • Price Acre Dollar: 1672413.79
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 8631.00
  • Assessor Parcel Number: 17-0054-0001-024-8
  • Close Date: 2019-12-30
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Springdale Park
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Dec 30, 2019
Sold by
Stewart Robert
Bought by
Sollenberger Alan W and Sollenberger Stacey L
Seller's Agent
Stephen Beckwith
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Joann E Friedrich
Keller Williams Realty Atl North
List Price
$969,000
Sold Price
$970,000
Premium/Discount to List
$1,000
0.1%
Current Estimated Value
$2,903,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,933,726
Avg. Annual Appreciation
21.63%

Purchase Details

Listed on
May 26, 2017
Closed on
Oct 6, 2017
Bought by
Stewart Robert and Stewart Rachel
Seller's Agent
Guri Ben Hashal
Weichert, Realtors - The Collective
Buyer's Agent
Beth Gustafson
NOT A VALID MEMBER
List Price
$1,699,000
Sold Price
$870,000
Premium/Discount to List
-$829,000
-48.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$1,178,710
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2016
Closed on
Sep 22, 2016
Sold by
Marshall Mary Patricia
Bought by
Dna Real Estate Llc
Seller's Agent
KATE TATOM
Trend Atlanta Realty, Inc.
Buyer's Agent
Jason Tatum
Atlanta Communities
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.94%
Original Mortgage
$450,000
Interest Rate
3.43%
Mortgage Type
New Conventional
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
Sollenberger Alan W $970,000 --
Stewart Robert $870,000 --
Dna Real Estate Llc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sollenberger Alan W $1,497,000
Previous Owner Stewart Robert $1,178,710
Previous Owner Dna Real Estate Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $970,000 0.0% --
12/19/2019 12/19/19 Off Market $970,000 -- --
12/15/2019 12/15/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $969,000 +11.4% --
10/06/2017 10/06/17 Sold $870,000 -3.2% --
06/10/2017 06/10/17 Pending -- -- --
05/26/2017 05/26/17 Price Changed $899,000 -47.1% --
05/26/2017 05/26/17 For Sale $1,699,000 +183.2% --
09/22/2016 09/22/16 Sold $600,000 -7.7% $219 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/26/2016 06/26/16 For Sale $650,000 -- $237 / 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 $29,313 $960,000 $280,000 $680,000
2023 $49,617 $1,198,480 $526,800 $671,680
2022 $19,385 $468,240 $304,280 $163,960
2021 $7,972 $196,800 $196,800 $0
2020 $8,050 $194,440 $194,440 $0
2019 $421 $166,320 $166,320 $0
2018 $476 $199,840 $199,840 $0
2017 $7,519 $230,920 $47,720 $183,200
2016 $9,999 $230,920 $47,720 $183,200
2015 $6,124 $230,920 $47,720 $183,200
2014 $5,652 $205,600 $41,880 $163,720
Source: Public Records

Agents Affiliated with this Home

  • Stephen Beckwith

    Seller's Agent in 2019

    Stephen Beckwith

    Atlanta Fine Homes Sotheby's International Realty

    (404) 664-4565

    1 in this area

    99 Total Sales

    Section Image
  • Joann E Friedrich

    Buyer's Agent in 2019

    Joann E Friedrich

    Keller Williams Realty Atl North

    (404) 409-7029

    52 Total Sales

    Section Image
  • Guri Ben Hashal

    Seller's Agent in 2017

    Guri Ben Hashal

    Weichert, Realtors - The Collective

    (404) 669-6295

    34 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jarrett Reeves

    NOT A VALID MEMBER

    Section Image

  • B

    Buyer's Agent in 2017

    Beth Gustafson

    NOT A VALID MEMBER

    Section Image

  • C

    Buyer Co-Listing Agent in 2017

    Cheryl Gosa

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6652391

First Multiple Listing Service (FMLS)

APN: 17-0054-0001-024-8

Georgia Fulton County Atlanta 30306 Virginia Highland

542 Orme Cir NE, Atlanta, GA

This home is located at 542 Orme Cir NE, Atlanta, GA 30306 since 04 December 2019 and is currently estimated at $2,903,726. 542 Orme Cir NE is a home located in Fulton County with nearby schools including Midtown High School, Kindezi Old 4th Ward, and Heritage Preparatory Academy.

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