NOT LISTED FOR SALE

Estimated Value: $431,000 - $511,000

0.19 Acre
$2,545,222 Price per Acre
8,059 Sq Ft Lot

Last Sold February 07, 2020

Last sale price $90,000

Est. 423% increase in value since last sale

Current estimated payment $2,956/month

42 Days on Market

About This Lot

As of February 2020

Buildable lot in sought after Mechanicsville. Very close to the new Summerhill mixed use development being built and Pittsburgh Yards. Lot is mostly level. Plans are being drawn up to be sent to permitting. The home will be two stories with a front porch, 3 bedroom, 2.5 bath, approx 1700-1800 sq ft with a driveway that will provide parking for at least two vehicles. Very strong recent sales in the neighborhood. Excellent opportunity for investors or owner occupant buyers. Take advantage of this opportunity today.

Last Agent to Sell the Property

MELANIE IGLESIAS VARGAS

Virtual Properties Realty.com License #344592 Listed on: 12/13/2019

Virtual Properties Realty.com

Last Buyer's Agent

Joseph Jenkins

NOT A VALID MEMBER License #369576

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,627

Lot Details

  • 8,059 Sq Ft Lot
  • Level Lot
  • Grass Covered Lot
  • Property is zoned r5

Schools

  • Paul L. Dunbar Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Community Details

  • Mechanicsville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 007500040239

Property Details

Property Type

Land

Est. Annual Taxes

$5,627

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Developed/Zoned Residential
  • Property Condition: Resale
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Res Developed Lots

Condo/Co-op/Association

  • Subdivision Complex: Mechanicsville

Lot Info

  • Acres: 0.1850
  • Possible Use: Residential
  • Current Zoning: r5
  • Current Use: Residential
  • Lot Features: Level
  • Parcel Number: 14 007500040239
  • Price Acre Dollar: 486486.49
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1.00
  • Tax Year: 2018

MLS Schools

  • Elementary School: Paul L. Dunbar
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Feb 7, 2020
Sold by
Vargas Melanie
Bought by
Dnk Llc
Seller's Agent
MELANIE IGLESIAS VARGAS
Virtual Properties Realty.com
Buyer's Agent
Joseph Jenkins
NOT A VALID MEMBER
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Current Estimated Value
$470,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,866
Avg. Annual Appreciation
33.08%

Purchase Details

Listed on
Dec 16, 2016
Closed on
Apr 13, 2017
Sold by
Belfare Llc
Bought by
Wh Mechwg1 Land Trust
Seller's Agent
Andrew Malone
RE/MAX Around Atlanta Realty
Buyer's Agent
Andrew Malone
RE/MAX Around Atlanta Realty
List Price
$50,000
Sold Price
$29,500
Premium/Discount to List
-$20,500
-41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.52%
Original Mortgage
$25,075
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2016
Closed on
Mar 29, 2017
Sold by
A M
Bought by
Belfare Llc
Seller's Agent
Andrew Malone
RE/MAX Around Atlanta Realty
Buyer's Agent
Andrew Malone
RE/MAX Around Atlanta Realty
List Price
$50,000
Sold Price
$29,500
Premium/Discount to List
-$20,500
-41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,075
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2016
Sold by
Hickory Hill 1185 Llc
Bought by
Davies A M Trustee and The Beltem Trust

Purchase Details

Closed on
Nov 16, 2005
Sold by
Dickson Sam G
Bought by
Intown Redev Alliance Llc
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
Dnk Llc $90,000 --
Wh Mechwg1 Land Trust $29,500 --
Belfare Llc $1,000 --
Davies A M Trustee $5,000 --
Intown Redev Alliance Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wh Mechwg1 Land Trust $25,075
Previous Owner Belfare Llc $25,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2020 02/07/20 Sold $90,000 0.0% --
01/24/2020 01/24/20 Pending -- -- --
01/13/2020 01/13/20 Off Market $90,000 -- --
12/13/2019 12/13/19 For Sale $95,000 +222.0% --
04/13/2017 04/13/17 Sold $29,500 -41.0% -- View Prior Sale
02/26/2017 02/26/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $50,000 -- --
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 $5,627 $207,160 $25,160 $182,000
2023 $5,627 $152,760 $30,200 $122,560
2022 $1,222 $30,200 $30,200 $0
2021 $826 $20,400 $20,400 $0
2020 $690 $16,840 $16,840 $0
2019 $421 $11,680 $11,680 $0
2018 $489 $11,800 $11,800 $0
2017 $206 $4,760 $4,760 $0
2016 $206 $4,760 $4,760 $0
2015 $272 $4,760 $4,760 $0
2014 $245 $5,400 $5,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6656747

First Multiple Listing Service (FMLS)

APN: 14-0075-0004-023-9