NOT LISTED FOR SALE

641 Moreland Ave SE Atlanta, GA 30316

Ormewood Park Neighborhood

Estimated Value: $435,000 - $678,000

2 Beds
2 Baths
1,398 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $180,000 $129 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $3,340/month

5 Days on Market

Highlights

  • Property is near public transit
  • White Kitchen Cabinets
  • Front Porch
  • Great Room
  • Ceiling height of 9 feet on the main level
  • 3-minute walk to Brownwood Park

About This Home

As of March 2016

Investor Potential: Classic Craftsman Bungalow has been divided into two Duplex/Shotgun apartments each a 1/1 plus kitchen and living room. Current rents are $750 for each side. Cute apartments are easily rented. (These tenants would stay.) More possibilities: Live on one side and rent the other OR renovate and return to original single family charm. You decide. Rocking chair front porch. Hardwoods. Off street parking in rear. Newer Roof, Hot Water and HVAC mean you can focus on the fun renovation projects or... just start collecting rents.

Last Agent to Sell the Property

JUDY PERRAS

NOT A VALID MEMBER License #324478 Listed on: 02/15/2016

Co-Listed By

Stephen Perras

Atlanta Communities License #333077

Atlanta Communities

Last Buyer's Agent

Stephen Perras

Atlanta Communities License #333077

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,908

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50 x 149
  • Level Lot

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,398 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Decorative Fireplace
  • Great Room
  • Living Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Laminate Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Driveway Level

Location

  • Property is near public transit
  • Property is walking distance to MARTA

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows
  • Front Porch

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 14 001100030252

Community Details

Recreation

  • Park

Additional Features

  • Dooley Prop Subdivision
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,908

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Condition: Resale
  • Year Built: 1925
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Decorative
  • Number Of Fireplaces: 1
  • Appliances: Gas Range
  • Interior Amenities: High Ceilings 9 ft Main
  • Basement: Crawl Space
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Living Room
  • Square Footage: 1398.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Garage Faces Side, Kitchen Level, Level Driveway, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Main Level

Condo/Co-op/Association

  • Community Features: Near Marta, Park, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Dooley Prop

Schools

  • Elementary School: Fulton - Other
  • Middle School: Fulton - Other
  • High School: Fulton - Other

Lot Info

  • Lot: 8
  • Land/Lot: 11
  • Plat Book: 2
  • Plat Page: 157
  • Lot Features: Level
  • Lot Dimensions: 50 X 149
  • Parcel Number: 14 001100030252
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 2908.00
  • Assessor Parcel Number: 14-0011-0003-025-2
  • Close Date: 2016-03-07
  • Tax Year: 2015

MLS Schools

  • Elementary School: Fulton - Other
  • High School: Fulton - Other
  • Middle School: Fulton - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Mar 7, 2016
Sold by
Collins Patrick
Bought by
A Ali Investment Co Llc
Seller's Agent
JUDY PERRAS
NOT A VALID MEMBER
Buyer's Agent
Stephen Perras
Atlanta Communities
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$526,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,686
Avg. Annual Appreciation
11.83%

Purchase Details

Listed on
Feb 15, 2016
Closed on
Feb 1, 2016
Sold by
Dodson Michael
Bought by
Collins Patrick
Seller's Agent
JUDY PERRAS
NOT A VALID MEMBER
Buyer's Agent
Stephen Perras
Atlanta Communities
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%

Purchase Details

Closed on
Sep 21, 2007
Sold by
Washington Mutual Bank
Bought by
Dodson Michael and Collins Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 1, 2007
Sold by
Klimes Steven
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Jul 17, 2005
Sold by
Dreamcatcher Custom Homes Llc
Bought by
Klimes Steven R

Purchase Details

Closed on
Jun 17, 2005
Sold by
Dreamcatcher Custom Homes Llc
Bought by
Klimes Steven R

Purchase Details

Closed on
Feb 16, 2005
Sold by
Astaire Fred
Bought by
Astaire Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 17, 2005
Sold by
Dreamcatcher Custom Homes Llc
Bought by
Klimes Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.1%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
A Ali Investment Co Llc $180,000 --
Collins Patrick -- --
Dodson Michael $130,000 --
Washington Mutual Bank $193,400 --
Klimes Steven R -- --
Klimes Steven R -- --
Astaire Fred -- --
Astaire Fred -- --
Klimes Steven R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Patrick J $150,000
Previous Owner Klimes Steven R $20,000
Previous Owner Klimes Steven R $171,000
Previous Owner Astaire Fred $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $180,000 -5.2% $129 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $189,900 -- $136 / 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 $5,716 $181,280 $39,120 $142,160
2023 $5,716 $158,880 $37,600 $121,280
2022 $6,578 $158,880 $37,600 $121,280
2021 $6,880 $146,600 $65,080 $81,520
2020 $4,506 $129,400 $51,320 $78,080
2019 $924 $116,760 $50,400 $66,360
2018 $4,564 $110,240 $61,080 $49,160
2017 $2,894 $67,000 $25,600 $41,400
2016 $2,901 $67,000 $25,600 $41,400
2015 $3,772 $67,000 $25,600 $41,400
2014 $3,038 $67,000 $25,600 $41,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    JUDY PERRAS

    NOT A VALID MEMBER

    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Stephen Perras

    Atlanta Communities

    (404) 392-2711

    28 Total Sales

    Stephen Perras
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5647550

First Multiple Listing Service (FMLS)

APN: 14-0011-0003-025-2

Georgia Fulton County Atlanta 30316 Ormewood Park

641 Moreland Ave SE, Atlanta, GA

This home is located at 641 Moreland Ave SE, Atlanta, GA 30316 since 15 February 2016 and is currently estimated at $526,686, approximately $376 per square foot. This property was built in 1925. 641 Moreland Ave SE is a home located in Fulton County with nearby schools including Parkside Elementary School, King Middle School, and Maynard Holbrook Jackson High School.

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