NOT LISTED FOR SALE

562 Mcgill Place NE Atlanta, GA 30312

Old Fourth Ward Neighborhood

Estimated Value: $205,000 - $218,000

1 Bed
1 Bath
813 Sq Ft
$330/mo HOA Fee

Last Sold June 15, 2020

Last sale price $186,000 $229 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,569/month

8 Days on Market

Highlights

  • City View
  • 1 Fireplace
  • Balcony
  • Midtown High School Rated A+
  • Community Pool
  • Living Room

About This Home

As of June 2020

Do not miss out on this opportunity to own in Old Fourth Ward! The prime location has easy access to numerous restaurants, bars, parks, the Beltline, Ponce City Market, etc, etc... This home features new flooring, light fixtures, HVAC, renovated bathroom, full functioning fireplace and private balcony with amazing city skyline views. Ground floor access with second floor balcony. All of this inside a well kept community that includes swimming pool and plenty of parking. Perfect fit for the savvy buyer.

Last Agent to Sell the Property

Eric Buice

Revolve Real Estate License #362579 Listed on: 04/30/2020

Last Buyer's Agent

Lisa Borowsky

Bolst, Inc. License #374608

Bolst, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 1987

Lot Details

  • 828

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 813 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • City Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

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

Additional Features

  • Balcony
  • No Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 14 004700110706

Community Details

Overview

  • 188 Units
  • Mid-Rise Condominium
  • Mcgill Place Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,565

Year Built

Built in 1987

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Property Condition: Resale
  • Year Built: 1987
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Refrigerator, Microwave
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Square Footage: 813.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Roof Type: Shingle
  • Exterior Features: Balcony
  • View: City

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Electric: None

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Pool
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Subdivision Complex: Mcgill Place

Association/Amenities

  • Number Of Units In Community: 188

Lot Info

  • Acres: 0.0190
  • Lot Features: Level
  • Lot Dimensions: 813
  • Parcel Number: 14 004700110706
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2565.00
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Hope-Hill
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Anderson Thea Margaret
Bought by
Anderson Molly Delcarmen and Anderson Thea Margaret
Current Estimated Value
$212,970

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 15, 2020
Sold by
Sharma Sumeet
Bought by
Sharma Sumeet and Sharma Sunita
Seller's Agent
Eric Buice
Revolve Real Estate
Buyer's Agent
Lisa Borowsky
Bolst, Inc.
List Price
$188,000
Sold Price
$186,000
Premium/Discount to List
-$2,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$182,631
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 20, 2018
Closed on
Oct 11, 2018
Sold by
Siddiqui Tabassum M
Bought by
Madden Shannon and Madden David
Seller's Agent
Jonathan Houston
NOT A VALID MEMBER
Buyer's Agent
Jonathan Houston
NOT A VALID MEMBER
List Price
$180,000
Sold Price
$170,500
Premium/Discount to List
-$9,500
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%

Purchase Details

Listed on
Jun 27, 2013
Closed on
May 13, 2014
Sold by
Palo Matthew R
Bought by
Siddiqui Tabassum M and Siddiqui Mohsin M
Seller's Agent
Derek Scheidt
Coldwell Banker Realty
Buyer's Agent
Jason Barlow
Chapman Hall Realtors
List Price
$65,000
Sold Price
$70,000
Premium/Discount to List
$5,000
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
22.31%

Purchase Details

Closed on
Jul 9, 2007
Sold by
Creech John W
Bought by
Palo Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2002
Sold by
Meade Nichole
Bought by
Creech John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
5.25%
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
Anderson Molly Delcarmen -- --
Anderson Molly Delcarmen $199,114 --
Sharma Sumeet -- --
Sharma Sumeet $186,000 --
Madden Shannon $170,500 --
Siddiqui Tabassum M $70,000 --
Palo Matthew R $134,000 --
Creech John W $116,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharma Sumeet $182,631
Previous Owner Palo Matthew R $134,000
Previous Owner Creech John W $116,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2020 06/15/20 Sold $186,000 -1.1% $229 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $188,000 +10.3% $231 / Sq Ft
10/11/2018 10/11/18 Sold $170,500 -2.0% $210 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $173,900 -3.4% $214 / Sq Ft
08/20/2018 08/20/18 For Sale $180,000 +157.1% $221 / Sq Ft
05/13/2014 05/13/14 Sold $70,000 +7.7% $86 / Sq Ft View Prior Sale
08/07/2013 08/07/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $65,000 -- $80 / 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 $1,486 $92,560 $11,520 $81,040
2023 $1,486 $82,800 $11,960 $70,840
2022 $1,514 $78,760 $9,040 $69,720
2021 $1,378 $74,400 $8,520 $65,880
2020 $2,889 $70,520 $9,920 $60,600
2019 $111 $64,600 $9,680 $54,920
2018 $2,514 $60,720 $5,520 $55,200
2017 $1,208 $27,972 $2,772 $25,200
2016 $1,211 $27,970 $2,770 $25,200
2015 $1,214 $27,970 $2,770 $25,200
2014 $1,358 $29,960 $3,760 $26,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Eric Buice

    Revolve Real Estate

    (404) 314-7321

    77 Total Sales

    Eric Buice
    Section Image

  • L

    Buyer's Agent in 2020

    Lisa Borowsky

    Bolst, Inc.

    (404) 725-5799

    1 in this area

    45 Total Sales

    Lisa Borowsky
    Section Image

  • J

    Seller's Agent in 2018

    Jonathan Houston

    NOT A VALID MEMBER

    Section Image
  • Derek Scheidt

    Seller's Agent in 2014

    Derek Scheidt

    Coldwell Banker Realty

    (404) 593-4754

    34 Total Sales

    Derek Scheidt
    Section Image
  • Stephen Simonson

    Seller Co-Listing Agent in 2014

    Stephen Simonson

    Coldwell Banker Realty

    (404) 326-0876

    13 Total Sales

    Stephen Simonson
    Section Image

  • J

    Buyer's Agent in 2014

    Jason Barlow

    Chapman Hall Realtors

    (404) 513-2849

    13 Total Sales

    Jason Barlow
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6716353

First Multiple Listing Service (FMLS)

APN: 14-0047-0011-070-6

Georgia Fulton County Atlanta 30308 Old Fourth Ward

562 Mcgill Place NE, Atlanta, GA

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