$132,000
SOLD MAY 9, 2014

542 Ralph McGill Blvd NE Unit 5 Atlanta, GA 30312

Old Fourth Ward Neighborhood
1 Bed
1.5 Baths
833 Sq Ft
$200/mo HOA Fee

Recently Sold

$158 Per Sq Ft

10% Above List Price

3 Days on Market

Highlights

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

About This Home

As of May 2024

Fabulous loft in gated community convenient to the Beltline, Freedom Park, Inman Park Village, Ponce City Market, Old Fourth Ward Park, Shopping and Restaurants. Gorgeous Pine Floors and Ceiling, Exposed Beams and Cinder Block Walls. Chef's kitchen with Island, Granite Countertops and Stainless Steel Appliances. Deck/Patio, perfect for entertaining! Must See! Loft Living at its Best!

Last Agent to Sell the Property

Meredith Mansfield

Atlanta Fine Homes Sotheby's International License #272415 Listed on: 03/26/2014

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Mark Sweed

HomeSmart License #263834

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1955

Lot Details

  • Two or More Common Walls
  • Private Entrance

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 833 Sq Ft Home
  • Beamed Ceilings
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Living Room
  • Formal Dining Room
  • City Views
  • Security Gate

Kitchen

  • Open to Family Room
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Pine Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Oversized primary bedroom
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on lower level

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 542RalphMcGill5BLVD

Community Details

Overview

  • Studio 7 Subdivision
  • Rental Restrictions

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,422

Year Built

Built in 1955

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern, Loft
  • Property Condition: Resale
  • Year Built: 1955
  • Accessibility Features: Accessible Entrance
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood, Pine
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater
  • Interior Amenities: Beamed Ceilings, Entrance Foyer 2 Story, High Ceilings 10 ft Main, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Stone Counters, Kitchen Island, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 833.00

Beds/Baths

  • Total Bedrooms: 1
  • Bedroom Features: Oversized Master
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Soaking Tub, Separate Tub/Shower

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Private Front Entry, Private Rear Entry
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned

Utilities

  • Security: Key Card Entry, Security Gate
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Lower Level, Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Reserve Fund, Trash, Water
  • HOA Rent Restrictions: Yes
  • Community Features: Gated, Homeowners Assoc, Public Transportation
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Studio 7

Schools

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

Lot Info

  • Parcel Number: 542RalphMcGill5BLVD
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 1422.00
  • Assessor Parcel Number: 14-0047-0013-005
  • Close Date: 2014-05-09
  • Tax Year: 2012

MLS Schools

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

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
$362,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,419
Avg. Annual Appreciation
0.53%
Original Mortgage
$342,000
Outstanding Balance
$338,092
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$24,327

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 Type Sale Price Title Company
Warranty Deed $360,000 --
Warranty Deed $350,000 --
Warranty Deed $272,000 --
Warranty Deed $132,000 --
Deed -- --
Quit Claim Deed -- --
Foreclosure Deed $167,089 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $342,000 New Conventional
Previous Owner $337,000 New Conventional
Previous Owner $332,500 New Conventional
Previous Owner $105,600 New Conventional
Previous Owner $15,000 New Conventional
Previous Owner $195,500 New Conventional
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: 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 $3,152 $149,560 $20,680 $128,880
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: First Multiple Listing Service (FMLS)

MLS Number: 5267580

First Multiple Listing Service (FMLS)

APN: 14-0047-0013-005-0