NOT LISTED FOR SALE

706 Penn Ave NE Atlanta, GA 30308

Midtown Atlanta Neighborhood

Estimated Value: $675,043

5 Beds
4 Baths
3,700 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $500,000 $135 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,189/month

Highlights

  • Property is near public transit
  • Private Lot
  • 2 Fireplaces
  • Midtown High School Rated A+
  • Traditional Architecture
  • Bonus Room

About This Home

As of January 2017

Fantastic opportunity to renovate a Midtown Gem with grand rooms and high ceilings on an exceptional lot with off street parking and alley access(unused). Present day and estimated original floor plans are in photos!! Great bones but needs to be COMPLETELY GUTTED and some isolated structural work.
Presently this home is cut up into 6 units with common sub-standard utilities(Original 1940 furnace still going!). Studio/ workshop in the backyard. Home is occupied!! Home does have recent sewer, water supply line & a recent large capacity water heater.

Last Agent to Sell the Property

Max BAERMAN

RE/MAX Metro Atlanta License #170955 Listed on: 12/08/2016

Last Buyer's Agent

Kara Lyness

Keller Williams Realty Intown ATL License #360819

Keller Williams Realty Intown ATL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,856

Year Built

  • Built in 1940

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Private Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the lower level
  • 2 Fireplaces
  • Decorative Fireplace
  • Formal Dining Room
  • Bonus Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

Parking

  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Driveway Level

Schools

  • Springdale Park Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Front Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 14 004900100267

Community Details

Overview

  • Midtown Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,856

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1940
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Decorative
  • Number Of Fireplaces: 2
  • Appliances: Disposal, Gas Range
  • Interior Amenities: High Ceilings 9 ft Upper, High Ceilings 10 ft Lower
  • Basement: Crawl Space
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3700.00

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Driveway, Kitchen Level, Level Driveway, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Public Transportation, Sidewalks
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Monthly
  • Subdivision Complex: Midtown

Lot Info

  • Acres: 0.1722
  • Lot Features: Level, Private
  • Lot Dimensions: 50 X 150
  • Parcel Number: 14 004900100267
  • Property Attached Yn: No

Tax Info

  • Taxes: 8856.00
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: Yes
  • Elementary School: Springdale Park
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2016
Closed on
Jan 20, 2017
Sold by
Lantz Thomas E
Bought by
Dreszer Desiree and Morgan Kevin
Seller's Agent
Max BAERMAN
RE/MAX Metro Atlanta
Buyer's Agent
Kara Lyness
Keller Williams Realty Intown ATL
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$675,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,043
Avg. Annual Appreciation
3.48%
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
Dreszer Desiree $500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $500,000 -4.8% $135 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
12/08/2016 12/08/16 For Sale $525,000 -- $142 / 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 $7,789 $240,040 $135,000 $105,040
2023 $10,108 $244,160 $135,000 $109,160
2022 $9,881 $244,160 $135,000 $109,160
2021 $9,891 $244,160 $135,000 $109,160
2020 $8,193 $200,000 $110,560 $89,440
2019 $2,923 $200,000 $110,560 $89,440
2018 $8,280 $200,000 $110,560 $89,440
2017 $10,545 $244,160 $135,000 $109,160
2016 $8,833 $204,000 $150,000 $54,000
2015 $8,856 $204,000 $150,000 $54,000
2014 $9,250 $204,000 $150,000 $54,000
Source: Public Records

Agents Affiliated with this Home

  • Max BAERMAN

    Seller's Agent in 2017

    Max BAERMAN

    RE/MAX Metro Atlanta

    (404) 216-4190

    1 in this area

    90 Total Sales

    Max BAERMAN
    Section Image
  • Kara Lyness

    Buyer's Agent in 2017

    Kara Lyness

    Keller Williams Realty Intown ATL

    (404) 542-3790

    1 in this area

    66 Total Sales

    Kara Lyness
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5780572

First Multiple Listing Service (FMLS)

APN: 14-0049-0010-026-7

Georgia Fulton County Atlanta 30308 Midtown Atlanta

706 Penn Ave NE, Atlanta, GA

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