NOT LISTED FOR SALE

656 East Ave NE Atlanta, GA 30312

Old Fourth Ward Neighborhood

Estimated Value: $370,140 - $628,000

0.13 Acre
$3,729,115 Price per Acre
5,663 Sq Ft Lot

Last Sold August 01, 2014

Last sale price $200,000 $250 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,699/month

Highlights

  • Property is walking distance to MARTA
  • Park
  • Grass Covered Lot
  • Midtown High School Rated A+
  • Level Lot

About This Lot

As of August 2014

This property is on one of the most desirable blocks in the O4W. On a dead-end, quiet street, this property is 500 ft from the Freedom Parkway Trail. Build your home here and you will be in one of the most walkable locations in the city. 7 min to Beltline Eastside trail, 13 min to Ponce City Market, 14 min to Krog St Market and Inman Quarter. The existing house sits on a flat, clear lot that has 49.3 ft of street frontage. Variances should not be needed to build on as much as a 2000 sf footprint.

Last Agent to Sell the Property

Michael Reeves

Adams Realtors License #324200 Listed on: 06/27/2014

Last Buyer's Agent

David Garrison

Bolst, Inc. License #273222

Bolst, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,611

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Level Lot
  • Grass Covered Lot
  • Property is zoned R4

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

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

Listing and Financial Details

  • Legal Lot and Block 5 / C
  • Assessor Parcel Number 656EastAVE

Community Details

Overview

  • Old Fourth Ward Subdivision

Recreation

  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$1,611

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Park, Street Lights
  • Association Fee Frequency: Annually
  • Subdivision Complex: Old Fourth Ward

Lot Info

  • Acres: 0.1300
  • Lot: 5
  • Current Zoning: R4
  • Plat Book: 28
  • Plat Page: 28
  • Lot Features: Curbs & Gutters, Level, Sidewalk, Street Lights
  • Lot Dimensions: 50x110
  • Parcel Number: 656EastAVE
  • Price Acre Dollar: 1538461.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 1611.00
  • Tax Year: 2013

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
Jun 27, 2014
Closed on
Aug 1, 2014
Sold by
Druid Assets Llc
Bought by
Ng Cynthia
Seller's Agent
Michael Reeves
Adams Realtors
Buyer's Agent
David Garrison
Bolst, Inc.
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%
Current Estimated Value
$484,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,785
Avg. Annual Appreciation
8.20%

Purchase Details

Closed on
May 27, 2014
Sold by
Mcfarland William E
Bought by
Druid Assets Llc
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
Ng Cynthia $200,000 --
Druid Assets Llc $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2014 08/01/14 Sold $200,000 -9.0% $250 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $219,900 -- $275 / 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 $1,927 $115,280 $47,240 $68,040
2023 $5,553 $134,120 $87,400 $46,720
2022 $2,767 $134,120 $87,400 $46,720
2021 $2,590 $105,960 $58,520 $47,440
2020 $1,859 $95,520 $56,520 $39,000
2019 $485 $93,800 $55,520 $38,280
2018 $2,363 $91,640 $54,240 $37,400
2017 $1,546 $64,600 $39,720 $24,880
2016 $1,551 $64,600 $39,720 $24,880
2015 $1,558 $64,600 $39,720 $24,880
2014 $2,929 $64,600 $39,720 $24,880
Source: Public Records

Agents Affiliated with this Home

  • Michael Reeves

    Seller's Agent in 2014

    Michael Reeves

    Adams Realtors

    (404) 863-5909

    1 in this area

    3 Total Sales

    Michael Reeves
    Section Image
  • David Garrison

    Buyer's Agent in 2014

    David Garrison

    Bolst, Inc.

    (404) 668-4645

    2 in this area

    133 Total Sales

    David Garrison
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5310577

First Multiple Listing Service (FMLS)

APN: 14-0018-0011-040-4

Georgia Fulton County Atlanta 30312 Old Fourth Ward

656 East Ave NE, Atlanta, GA

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