NOT LISTED FOR SALE

596 Montgomery Ferry Rd NE Atlanta, GA 30324

Morningside Neighborhood

Estimated Value: $869,529 - $1,128,000

6 Beds
2 Baths
1,054 Sq Ft
$921/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $360,000 $342 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $5,904/month

Highlights

  • Property is near public transit
  • Four Sided Brick Exterior Elevation
  • Trails
  • Morningside Elementary School Rated A-

About This Home

As of August 2020

Duplex - 2BR/1BA up (plus sun room) and 3BR/1BA down. Side entry. AMAZING LOCATION near Ansley Park, Piedmont Park, Beltline, shopping, restaurants, and more! Great opportunity for income property. Renovated homes and multi-family properties selling over 600k+ nearby. Similar updated rental units renting for $1500+ per month per unit.

Last Agent to Sell the Property

Nika Freudenberg

Realco Brokers, Inc. License #325769 Listed on: 02/16/2020

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Fixer Upper
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Morningside- Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17 005600040151

Community Details

Overview

  • 2 Units
  • Piedmont Heights Subdivision

Recreation

  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,457

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Fixer Upper
  • Year Built: 1955
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Back Yard

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Shopping, Near Trails/Greenway, Public Transportation
  • Subdivision Complex: Piedmont Heights

Lot Info

  • Acres: 0.3009
  • Lot Dimensions: x
  • Parcel Number: 17 005600040151
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 6457.00
  • Tax Year: 2018

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Morningside-
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2021
Sold by
Ewell Tristin
Bought by
Ewell Tristin and Ewell Kristen Mitchell
Current Estimated Value
$970,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$620,097
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$350,785

Purchase Details

Listed on
Feb 16, 2020
Closed on
Aug 12, 2020
Sold by
Freudenberg Larry Walter
Bought by
Lomax Jeremy
Seller's Agent
Nika Freudenberg
Realco Brokers, Inc.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$425,000
Sold Price
$360,000
Premium/Discount to List
-$65,000
-15.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.98%
Original Mortgage
$406,000
Interest Rate
2.9%
Mortgage Type
Commercial
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
Ewell Tristin -- --
Ewell Tristin $871,000 --
Lomax Jeremy $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewell Tristin $680,000
Previous Owner Lomax Jeremy $406,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $360,000 -15.3% $342 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $425,000 0.0% $403 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $425,000 0.0% $403 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $425,000 -- $403 / 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 $9,562 $318,920 $103,480 $215,440
2023 $10,928 $263,960 $81,080 $182,880
2022 $10,682 $263,960 $81,080 $182,880
2021 $9,742 $217,240 $78,720 $138,520
2020 $4,719 $115,200 $41,120 $74,080
2019 $930 $115,200 $41,120 $74,080
2018 $4,339 $149,520 $41,120 $108,400
2017 $4,526 $104,800 $28,800 $76,000
2016 $4,538 $104,800 $28,800 $76,000
2015 $5,436 $104,800 $28,800 $76,000
2014 $4,752 $104,800 $28,800 $76,000
Source: Public Records

Agents Affiliated with this Home

  • Nika Freudenberg

    Seller's Agent in 2020

    Nika Freudenberg

    Realco Brokers, Inc.

    (404) 451-4702

    15 Total Sales

    Nika Freudenberg
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS NMLS

    Non FMLS Member

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6681587

First Multiple Listing Service (FMLS)

APN: 17-0056-0004-015-1

Georgia Fulton County Atlanta 30324 Morningside

596 Montgomery Ferry Rd NE, Atlanta, GA

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