NOT LISTED FOR SALE

542 Ralph McGill Blvd NE Unit 5 Atlanta, GA 30312

Old Fourth Ward Neighborhood

Estimated Value: $341,000 - $368,000

1 Bed
1.5 Baths
1,291 Sq Ft
$200/mo HOA Fee

Last Sold May 30, 2024

Last sale price $360,000 $279 Per Sq Ft

Current estimated payment $2,679/month

108 Days on Market

Highlights

  • Gated Community
  • Deck
  • Walk-In Closet
  • Midtown High School Rated A+
  • Wood Flooring
  • Energy-Efficient Appliances

About This Home

As of May 2024

Exceptional loft situated in the Old Fourth Ward. This incredibly stylish loft-townhome is a concealed gem nestled within a gated, exclusive boutique community just minutes away from the Beltline, Ponce City Market, and O4W Park. Among only 7 loft homes, each one distinct from the other. Boasting a bedroom and full bathroom on the upper level, along with a half bath on the main floor, the residence features rich weathered wood flooring throughout, a functional kitchen with an industrial touch, soaring windows, beamed ceilings, and a creatively updated primary retreat. The property also includes a whimsical private garden. Architecturally distinctiveCothis is a must-see! No rental restrictions other than no short-term rentals.

Last Agent to Sell the Property

Shaun Van Orsouw

Redfin Corporation License #376309 Listed on: 01/10/2024

Redfin Corporation

Last Buyer's Agent

Kara Beaubouef

Coldwell Banker Realty License #387204

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 1955

Lot Details

  • Two or More Common Walls
  • Fenced

HOA Fees

  • $200 Monthly HOA Fees

Interior Spaces

  • 1,291 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

  • Hope Hill Elementary School
  • David T Howard Middle School
  • Grady High School

Utilities

  • Heat Pump System
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Deck

Listing and Financial Details

  • Tax Lot 47

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance, trash, water
  • Studio 7 Subdivision

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,451

Year Built

Built in 1955

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • District: 14
  • Year Built: 1955
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • GreenEnergyEfficient: Appliances
  • Levels: Two
  • Lot Size Acres: .02
  • Property Sub-Type: Condominium
  • Structure Type: Other
  • Total Finished Area2: 1291
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal
  • Bedrooms: 1
  • Basement: None
  • Total Finished Sq Ft: 1291
  • Above Grade Finished Sq Ft: 1291
  • Interior Amenities: Other, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Hardwood
  • Price Per Square Foot: 278.853

Beds/Baths

  • Upper Level Full Bathrooms: 1

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Other
  • ExteriorFeatures: Other
  • Fencing: Fenced
  • Lot Features: Other
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1

Utilities

  • Cooling: Heat Pump
  • Heating: Electric
  • Laundry Features: Other
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2400
  • Association: Yes
  • Community Features: Gated

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Trash, Water

Schools

  • Elementary School: Hope Hill
  • High School: Grady
  • Middle School: David T Howard
  • Elementary School: Hope Hill
  • Middle School: David T Howard
  • High School: Grady

Lot Info

  • Land Lot: 47
  • Deed Book: 61698
  • Deed Page: 684
  • Plat Book: 13
  • Plat Page: 115

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
May 30, 2024
Sold by
Adhikari Subodh Raj
Bought by
Wertz Lauren Joann
Seller's Agent
Shaun Van Orsouw
Redfin Corporation
Buyer's Agent
Kara Beaubouef
Coldwell Banker Realty
List Price
$429,900
Sold Price
$360,000
Premium/Discount to List
-$69,900
-16.26%
Views
129
Current Estimated Value
$358,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,667
Avg. Annual Appreciation
-0.44%
Original Mortgage
$342,000
Outstanding Balance
$338,957
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$19,376

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jun 1, 2020
Sold by
Mcintyre John W
Bought by
Adhikari Subodh Raj and Glover Daniella Michelle
Seller's Agent
Toby Rhinehart
Engel & Völkers Atlanta
Buyer's Agent
Shaun Van Orsouw
Redfin Corporation
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%
Original Mortgage
$332,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2016
Closed on
Sep 15, 2016
Sold by
Jiva O
Bought by
Mcintyre John W and Mcintyre Colleen R
Seller's Agent
Toby Rhinehart
Engel & Völkers Atlanta
Buyer's Agent
Toby Rhinehart
Engel & Völkers Atlanta
Sold Price
$1,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Listed on
Mar 26, 2014
Closed on
May 9, 2014
Sold by
Reynolds Martha
Bought by
Ahrens Jiva O
Seller's Agent
Meredith Mansfield
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Mark Sweed
HomeSmart
List Price
$120,000
Sold Price
$132,000
Premium/Discount to List
$12,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.85%
Original Mortgage
$105,600
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2010
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Reynolds Martha

Purchase Details

Closed on
Aug 3, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Natl Mtg Assn Fnma
Source: Public Records

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Range of Values:

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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
Wertz Lauren Joann $360,000 --
Adhikari Subodh Raj $350,000 --
Mcintyre John W $272,000 --
Ahrens Jiva O $132,000 --
Reynolds Martha -- --
Federal Natl Mtg Assn Fnma -- --
Bac Home Loans Servicing Lp $167,089 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wertz Lauren Joann $342,000
Previous Owner Adhikari Subodh Raj $337,000
Previous Owner Adhikari Subodh Raj $332,500
Previous Owner Ahrens Jiva O $105,600
Previous Owner Reynolds Martha $15,000
Previous Owner Hume Horace $195,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $360,000 -6.5% $279 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $385,000 -3.5% $298 / Sq Ft
02/26/2024 02/26/24 Price Changed $399,000 -3.8% $309 / Sq Ft
02/02/2024 02/02/24 Price Changed $414,900 -3.5% $321 / Sq Ft
01/10/2024 01/10/24 For Sale $429,900 0.0% $333 / Sq Ft
11/23/2022 11/23/22 Rented $2,195 0.0% --
10/18/2022 10/18/22 Price Changed $2,195 -4.4% $3 / Sq Ft
09/26/2022 09/26/22 Price Changed $2,295 -8.0% $3 / Sq Ft
09/06/2022 09/06/22 For Rent $2,495 0.0% --
06/01/2020 06/01/20 Sold $350,000 0.0% $420 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $350,000 0.0% $420 / Sq Ft
10/17/2016 10/17/16 Rented $1,950 0.0% --
10/14/2016 10/14/16 Under Contract -- -- --
09/20/2016 09/20/16 Price Changed $1,950 0.0% $2 / Sq Ft
09/15/2016 09/15/16 Sold $272,000 0.0% $327 / Sq Ft
09/14/2016 09/14/16 For Rent $2,000 0.0% --
09/03/2016 09/03/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $260,000 +97.0% $312 / Sq Ft
05/09/2014 05/09/14 Sold $132,000 +10.0% $158 / Sq Ft
03/29/2014 03/29/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $120,000 -- $144 / 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
2023 $5,791 $139,880 $16,800 $123,080
2022 $4,099 $139,880 $16,800 $123,080
2021 $3,932 $135,760 $16,280 $119,480
2020 $6,356 $155,160 $16,520 $138,640
2019 $141 $111,360 $9,200 $102,160
2018 $4,503 $108,760 $9,000 $99,760
2017 $3,251 $75,280 $8,160 $67,120
2016 $810 $52,790 $7,230 $45,560
2015 $864 $52,790 $7,230 $45,560
2014 $1,397 $30,800 $6,160 $24,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10239781

Georgia MLS

APN: 14-0047-0013-005-0