NOT LISTED FOR SALE

Estimated Value: $874,890 - $934,000

5 Beds
2 Baths
2,286 Sq Ft
$393/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $930,000 $407 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,745/month

23 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Wood Flooring
  • Midtown High School Rated A+
  • Private Lot
  • Furnished

About This Home

As of May 2023

Welcome to the historic Old Fourth Ward neighborhood of Atlanta, where we are proud to present the "Antoine Graves Home" a truly unique property for sale. Built in 1893, this beautiful duplex has a rich history and a fascinating connection to Atlanta's early civil rights movement. Located just 2 blocks away from the birth home of MLK, it was once the original family home of the early civil rights hero, Antoine Graves from 1897 to 1928. Graves was one of Atlanta's most prominent early African American leaders and also a successful real estate broker who played a pivotal role in the development of the city by brokering the deal for the land that the Capitol Building now sits on. In recognition of his contributions to the community, buildings and neighborhoods in Atlanta have been named after him. He passed away in 1942 and was buried in the only mausoleum in the black section of Oakland Cemetery.

Today, this historic gem has been fully updated and transformed into a stunning duplex, complete with an upper and lower unit and a common entry foyer. The upper unit boasts 2 bedrooms, 1 bathroom, and a large bonus room, along with a living room and a full kitchen that opens out to a deck with breathtaking city views. The lower unit is a split-level apartment with 1 large bedroom on the bottom garden level and on the main level it features 1 bedroom, 1 bathroom, a large living room, and a kitchen that also opens out to a deck, perfect for relaxing or entertaining.

Throughout the home, you'll find beautiful hardwood floors, tall ceilings, and vintage details that truly bring the history of this home to life.

In addition to the charming interior features, this duplex has also been run as a very successful short-term rental property, with hundreds of five-star reviews on Airbnb. Both units come fully furnished with washer and dryer in each unit, making this property the perfect turn-key investment opportunity.

With its prime location you'll be just steps away from some of Atlanta's best restaurants, shops, and attractions, including the Martin Luther King Jr. National Historical Park, Krog Street Market and the Beltline. The Old Fourth Ward neighborhood is highly desirable and is known for its rich history, vibrant culture, and close proximity to some of Atlanta's most popular attractions.

Don't miss this incredible investment opportunity to own a piece of Atlanta's history in one of its most coveted neighborhoods. Sold by Agent/owner.

Last Agent to Sell the Property

Drew Jackson

Park Realty, LLC. License #357680 Listed on: 03/24/2023

Last Buyer's Agent

Sparkle Watts

EXP Realty, LLC. License #420913

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,364

Year Built

  • Built in 1893

Lot Details

  • 2,879 Sq Ft Lot
  • Back Yard Fenced
  • Private Lot

Property Views

  • City
  • Woods

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Furnished
  • Window Treatments
  • Wood Frame Window
  • Wood Flooring
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Energy-Efficient Thermostat

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

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

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 004600120490

Community Details

Overview

  • 2 Units
  • Old Fourth Ward Subdivision

Amenities

  • Restaurant

Recreation

  • Community Playground
  • Park
  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,364

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: in docs
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1893
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Hardwood
  • Window Features: Window Treatments, Wood Frames

Exterior Features

  • Construction Materials: Fiber Cement
  • Roof Type: Composition, Shingle
  • Fencing: Back Yard
  • View: City, Trees/Woods

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Separate Meters
  • Heating: Central, Electric, Separate Meters
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Old Fourth Ward

Fee Information

  • Annual Expenses: 15000

Schools

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

Lot Info

  • Acres: 0.0661
  • Lot Features: Private
  • Lot Dimensions: x
  • Parcel Number: 14 004600120490
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Rental Info

  • Furnished: Furnished

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 10364.00
  • Assessor Parcel Number: 14-0046-0012-049-0
  • Close Date: 2023-05-22
  • Tax Year: 2022

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
Mar 24, 2023
Closed on
May 22, 2023
Sold by
Jackson Kelly A
Bought by
Nelson Jasmine and Nelson Stephen Nathaniel
Seller's Agent
Drew Jackson
Park Realty, LLC.
Buyer's Agent
Sparkle Watts
EXP Realty, LLC.
List Price
$1,000,000
Sold Price
$930,000
Premium/Discount to List
-$70,000
-7%
Views
194
Current Estimated Value
$899,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,777
Avg. Annual Appreciation
-1.47%
Original Mortgage
$697,500
Outstanding Balance
$679,588
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$219,635

Purchase Details

Closed on
May 8, 2020
Sold by
Jackson Kelly A
Bought by
Jackson Kelly A and Jackson Andrew Parkyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,200
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 14, 2017
Sold by
Cashin Tyler Joseph
Bought by
Jackson Kelly A
Seller's Agent
JODI C PATTERSON
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Drew Jackson
Park Realty, LLC.
List Price
$524,900
Sold Price
$520,000
Premium/Discount to List
-$4,900
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$390,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2017
Sold by
Cashin Tyler
Bought by
Cashin Tyler Joseph and Schrier Katie Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2014
Closed on
Nov 12, 2014
Sold by
Ofw Llc
Bought by
Cashin Tyler
Seller's Agent
William Bedgood
Keller Williams Realty Intown ATL
Buyer's Agent
Charlotte Bair
Keller Williams Realty Intown ATL
List Price
$249,900
Sold Price
$244,900
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Sep 23, 2011
Sold by
Secretary Of Housing And U
Bought by
Ofw

Purchase Details

Closed on
Aug 31, 1994
Sold by
Wasserman Norman H Dr
Bought by
Historic Dist Dev Corp

Purchase Details

Closed on
Apr 6, 1993
Sold by
Carthern Taylor James
Bought by
Wasserman Norman H Dr
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
Nelson Jasmine $930,000 --
Jackson Kelly A -- --
Jackson Kelly A $520,000 --
Cashin Tyler Joseph -- --
Cashin Tyler $244,900 --
Ofw $69,000 --
Historic Dist Dev Corp $47,200 --
Wasserman Norman H Dr $45,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Jasmine $697,500
Previous Owner Jackson Kelly A $395,200
Previous Owner Jackson Kelly A $390,000
Previous Owner Cashin Tyler Joseph $307,500
Previous Owner Cashin Tyler $170,000
Previous Owner Ofw Llc $107,231
Closed Historic Dist Dev Corp --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $930,000 -7.0% $407 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $1,000,000 +92.3% $437 / Sq Ft
08/14/2017 08/14/17 Sold $520,000 -0.9% $227 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $524,900 0.0% $230 / Sq Ft
07/04/2017 07/04/17 Pending -- -- --
06/29/2017 06/29/17 Price Changed $524,900 -4.5% $230 / Sq Ft
06/16/2017 06/16/17 For Sale $549,900 +124.5% $241 / Sq Ft
11/12/2014 11/12/14 Sold $244,900 -2.0% $107 / Sq Ft
10/19/2014 10/19/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $249,900 -- $109 / 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 $10,134 $330,560 $80,600 $249,960
2023 $10,602 $256,080 $80,600 $175,480
2022 $10,364 $256,080 $80,600 $175,480
2021 $8,499 $209,800 $118,160 $91,640
2020 $7,498 $183,040 $45,880 $137,160
2019 $920 $183,040 $45,880 $137,160
2018 $7,578 $183,040 $45,880 $137,160
2017 $2,351 $54,440 $30,160 $24,280
2016 $2,357 $54,440 $30,160 $24,280
2015 $3,210 $54,440 $30,160 $24,280
2014 $2,468 $54,440 $30,160 $24,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7189471

First Multiple Listing Service (FMLS)

APN: 14-0046-0012-049-0