NOT LISTED FOR SALE

542 Ralph McGill Blvd NE Unit 1 Atlanta, GA 30312

Old Fourth Ward Neighborhood

Estimated Value: $340,000 - $408,000

1 Bed
1.5 Baths
816 Sq Ft
$468/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $385,000 $472 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,231/month

14 Days on Market

Highlights

  • Gated Community
  • City View
  • Property is near public transit
  • Midtown High School Rated A+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2023

Just Listed! Location! Location! Location!! One of a kind 2 story End Unit Loft located in the highly sought after Studio 7 Complex in the Old Fourth Ward District! Floor to ceiling windows! Minutes from the Beltline! This unique designer loft is the largest floorplan in the community! The completely private backyard has a covered screened in porch perfect for entertaining! Tons of natural light throughout! Tons of storage! Beautifully designed half bath on lower level for guests. Hardwood floors throughout. Washer/Dryer in unit! The upgraded kitchen includes SS appliances, black cabinets, Quartz countertops with waterfall a quartz island. The spacious loft bedroom has its own bath with the jacuzzi tub and upgraded tiled shower. Gated Community! 1 assigned parking space which is directly in front of the front door entrance! Make this gorgeous loft your next home! Guaranteed to go fast! Hurry! ***No rental cap, however, must reside in the property for a year before renting out unit. ****

Last Agent to Sell the Property

Camille Gonzales

Pro Realty LLC License #293602 Listed on: 02/27/2023

Last Buyer's Agent

Skylar Brillante

Harry Norman Realtors License #395522

Harry Norman Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1955

Lot Details

  • 871 Sq Ft Lot
  • End Unit
  • No Units Located Below
  • Fenced

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Tar and Gravel Roof
  • Concrete Siding

Interior Spaces

  • 816 Sq Ft Home
  • Multi-Level Property
  • High Ceiling
  • Loft
  • Screened Porch
  • Wood Flooring
  • City Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Parking Pad
  • Assigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Property is near public transit

Community Details

Overview

  • Association fees include insurance, maintenance exterior, trash, reserve fund, water
  • Studio 7 Subdivision

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,298

Year Built

Built in 1955

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Unit: 1
  • Year Built: 1955
  • ArchitecturalStyle: Contemporary
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Multi/Split
  • Lot Size Acres: .02
  • Property Sub-Type: Townhouse
  • Structure Type: Loft
  • Total Finished Area2: 816
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Gas Water Heater, Dryer, Washer, Dishwasher, Disposal, Ice Maker, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 1
  • Basement: None
  • Total Finished Sq Ft: 816
  • Above Grade Finished Sq Ft: 816
  • Interior Amenities: High Ceilings, Walk-In Closet(s)
  • Accessibility Features: Accessible Entrance
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Bar, Kitchen Island, Solid Surface Counters
  • Price Per Square Foot: 471.81

Beds/Baths

  • Upper Level Full Bathrooms: 1

Exterior Features

  • Common Walls: No One Below, End Unit
  • Construction Materials: Concrete, Brick
  • ExteriorFeatures: Other
  • Fencing: Fenced
  • Foundation Details: Slab
  • Lot Features: Other
  • Patio And Porch Features: Screened
  • Property Condition: Resale
  • Roof: Tar/Gravel
  • View: City

Garage/Parking

  • Parking Features: Assigned, Parking Pad
  • ParkingTotal: 1

Utilities

  • Cooling: Central Air
  • Heating: Central, Forced Air
  • Laundry Features: In Kitchen
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2400
  • Association: Yes
  • Community Features: Gated, Walk To Public Transit

Fee Information

  • Association Fee Includes: Insurance, Maintenance Exterior, Trash, Reserve Fund, Water

Schools

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Mar 30, 2023
Sold by
Ford Patrice
Bought by
Downey John D
Seller's Agent
Camille Gonzales
Pro Realty LLC
Buyer's Agent
Skylar Brillante
Harry Norman Realtors
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Views
50
Current Estimated Value
$370,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,731
Avg. Annual Appreciation
-2.73%
Original Mortgage
$218,000
Outstanding Balance
$212,442
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$148,189

Purchase Details

Closed on
May 22, 2020
Sold by
Ford Patrice
Bought by
Ford Patrice and Ford Ebony Maquitta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,513
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Federal National Mortgage Association
Bought by
Ford Patrice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Suntrust Mtg Inc
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Feb 15, 2006
Sold by
542 Ralph Mcgill Inc
Bought by
Thomas Sam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
8.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Wheeler Jeffrey W
Bought by
Hodge Larry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
8.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Mortgage Electronic Registrati
Bought by
Lerner Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Ware Anthony
Bought by
Mortgage Electronic Registrati

Purchase Details

Closed on
Jun 18, 2004
Sold by
Southtrust Mtg Corp
Bought by
Glenn Wallace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2004
Sold by
Godino Jessica S
Bought by
Southtrust Mortgage Corp

Purchase Details

Closed on
Feb 21, 2002
Sold by
542 Ralph Mcgill Inc
Bought by
Godino Jessica S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2002
Sold by
542 Ralph Mcgill Inc
Bought by
Hume Horace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2001
Sold by
542 Ralph Mcgill Inc
Bought by
Ware Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
10.25%
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
Downey John D $385,000 --
Ford Patrice -- --
Ford Patrice S $80,000 --
Federal Natl Mtg Assn Fnma -- --
Suntrust Mtg Inc $171,087 --
Thomas Sam C $209,000 --
Hodge Larry G $196,000 --
Lerner Jonathan $195,000 --
Mortgage Electronic Registrati $152,513 --
Glenn Wallace $169,000 --
Southtrust Mortgage Corp $211,019 --
Godino Jessica S $195,400 --
Hume Horace $189,000 --
Ware Anthony $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downey John D $218,000
Previous Owner Ford Patrice $112,513
Previous Owner Ford Patrice S $76,000
Previous Owner Lerner Jonathan $172,000
Previous Owner Lerner Jonathan $12,500
Previous Owner Thomas Sam C $167,200
Previous Owner Hodge Larry G $156,800
Previous Owner Lerner Jonathan $156,000
Previous Owner Glenn Wallace $135,200
Previous Owner Godino Jessica S $185,600
Previous Owner Hume Horace $141,750
Previous Owner Ware Anthony $192,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $385,000 0.0% $472 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/07/2023 03/07/23 Price Changed $385,000 -2.5% $472 / Sq Ft
02/27/2023 02/27/23 For Sale $395,000 -- $484 / 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 $34 $169,280 $20,240 $149,040
2023 $4,534 $109,520 $16,440 $93,080
2022 $2,298 $109,520 $16,440 $93,080
2021 $2,205 $106,320 $15,960 $90,360
2020 $2,544 $121,080 $16,200 $104,880
2019 $141 $86,280 $9,040 $77,240
2018 $2,285 $84,240 $8,800 $75,440
2017 $1,294 $58,760 $8,000 $50,760
2016 $1,298 $58,760 $8,000 $50,760
2015 $1,354 $58,760 $8,000 $50,760
2014 $68 $30,400 $6,040 $24,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20106138

Georgia MLS

APN: 14-0047-0013-001-9