NOT LISTED FOR SALE

Estimated Value: $772,000 - $1,025,061

0.5 Acre
$1,879,530 Price per Acre
21,780 Sq Ft Lot

Last Sold October 11, 2022

Last sale price $600,000 $153 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,974/month

292 Days on Market

Highlights

  • City View
  • Partially Wooded Lot
  • Restaurant
  • Glennwood Elementary Rated A
  • Corner Lot
  • 4-minute walk to Scott Park

About This Lot

As of October 2022

There are 3 single family lots in this 0.60 acre parcel, zoned R-60. Located in downtown Decatur. Adjacent properties to east are single family homes with historical designation. In other direction within three blocks is the Decatur MARTA Station, Emory Decatur Hospital, 3 banks, restaurants, boutiques, CVS, Kroger, Starbucks, offices (local government, medical & commercial offices). 10 minutes drive to shopping centers anchored by Publix, Whole Foods, Sprouts & Walmart. 30 minutes drive to Fox Theater, Woodruff Arts Center, Belt Line, Ponce City Market & Midtown. House on site is in poor condition and has not been occupied for 25+ years. This listing includes two addresses, 600 & 604 Commerce Drive. It also has two tax parcels: Parcel ID# 15 246 01 020 and parcel ID# 15 246 01 018. Parcel dimensions approximately 400' X 70'. High rated public schools all within walking distance.

Last Agent to Sell the Property

Booker Warren

BHGRE Metro Brokers License #355086 Listed on: 08/31/2021

BHGRE Metro Brokers

Last Buyer's Agent

William Adams

Adams Realtors License #10244

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $100

Year Built

  • Built in 1925

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 64 x 400 x 70 x 390
  • Property fronts a state road
  • Brush Vegetation
  • Corner Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned R3

Interior Spaces

  • 2-Story Property
  • City Views

Location

  • Property is near shops

Schools

  • Clairemont Elementary School
  • Beacon Hill Middle School
  • Decatur High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 15 246 01 020

Property Details

Property Type

Land

Est. Annual Taxes

$100

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Developed/Zoned Residential
  • Property Condition: Resale
  • Restrictions Requirements: Government Restrictions
  • Year Built: 1925
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Other

Exterior Features

  • View: City

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Near Shopping, Restaurant, Sidewalks, Street Lights

Lot Info

  • Acres: 0.5000
  • Possible Use: Residential
  • Current Zoning: R3
  • Plat Book: 05453
  • Plat Page: 00499
  • Current Use: Vacant
  • House On Property: Yes
  • Lot Features: Corner Lot, Curbs & Gutters, Sloped, Street Lights
  • Lot Dimensions: 64 x 400 x 70 x 390
  • Parcel Number: 15 246 01 020
  • Price Acre Dollar: 1200000.00
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 100.00
  • Additional Assessor Parcel Numbers: 15 246 01 018
  • Tax Year: 2018

MLS Schools

  • Elementary School: Clairemont
  • High School: Decatur
  • Middle School: Beacon Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 11, 2022
Sold by
Banks Donald W
Bought by
City Of Decatur
Seller's Agent
Booker Warren
BHGRE Metro Brokers
Buyer's Agent
William Adams
Adams Realtors
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Views
1
Current Estimated Value
$939,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,765
Avg. Annual Appreciation
14.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
City Of Decatur $300,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $600,000 -7.7% $153 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $650,000 0.0% $165 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $650,000 +8.3% $165 / Sq Ft
01/28/2022 01/28/22 Off Market $600,000 -- --
01/28/2022 01/28/22 For Sale $650,000 0.0% $165 / Sq Ft
01/26/2022 01/26/22 For Sale $650,000 +8.3% $165 / Sq Ft
12/31/2021 12/31/21 Off Market $600,000 -- --
08/31/2021 08/31/21 For Sale $650,000 -- $165 / 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 -- $253,680 $154,040 $99,640
2024 $1,295 $94,600 $36,880 $57,720
2023 $1,295 $134,480 $36,880 $97,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6937792

First Multiple Listing Service (FMLS)

APN: 15-246-01-020