$149,900
SOLD JUN 6, 2013
0.38 Acre
$394,474 Price per Acre
16,553 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

9 Days on Market

Highlights

  • 0.38 Acre Lot
  • Property is near public transit
  • Corner Lot

About This Lot

As of August 2015

Great opportunity to build 4 new homes in the heart of historic Ormewood Park. Property can be subdivided with 822 Mercer Street to create 4 contiguous buildable lots. Good in-town lots are going fast and finding four lots together is rare.

Last Agent to Sell the Property

David Schenck

Atlanta Intown Real Estate Services License #157296 Listed on: 02/13/2013

Co-Listed By

CLARK M DUBIN

NOT A VALID MEMBER License #149254

Last Buyer's Agent

Scott Eaves

NOT A VALID MEMBER License #259429

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,332

Lot Details

  • 0.38 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned R-5

Location

  • Property is near public transit

Schools

  • Atlanta Neighborhood Charter Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 815BerneST

Property Details

Property Type

Land

Est. Annual Taxes

$8,332

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: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Public Transportation
  • Association Fee Frequency: Annually

Schools

  • Elementary School: Atlanta Neighborhood Charter
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson

Lot Info

  • Acres: 0.3800
  • Lot: 1
  • Land/Lot: 22
  • Current Zoning: R-5
  • Deed Book: 16134
  • Deed Page: 283
  • Lot Features: Corner Lot, Curbs & Gutters, Level, Street Lights
  • Lot Dimensions: .38 Acre
  • Parcel Number: 815BerneST
  • Price Acre Dollar: 394473.00
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 14-0022-0006-001
  • Close Date: 2013-06-06
  • Tax Year: 2012

MLS Schools

  • Elementary School: Atlanta Neighborhood Charter
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2015
Closed on
Aug 31, 2015
Sold by
Epic Development Atlanta Llc
Bought by
Krenek Meena S and Richard Krenek
Seller's Agent
Scott Eaves
Maximum One Realty Partners, L
Buyer's Agent
Angelique M Long
Keller Williams Realty
List Price
$425,000
Sold Price
$473,123
Premium/Discount to List
$48,123
11.32%
Current Estimated Value
$906,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,416
Avg. Annual Appreciation
6.59%
Original Mortgage
$375,000
Outstanding Balance
$155,269
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$737,748

Purchase Details

Listed on
Feb 13, 2013
Closed on
Jun 6, 2013
Sold by
Sharpe Paul B
Bought by
Epic Development Atlanta Llc
Seller's Agent
David Schenck
Atlanta Intown Real Estate Services
Buyer's Agent
Scott Eaves
NOT A VALID MEMBER
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.05%
Original Mortgage
$100,000
Interest Rate
4.43%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $450,000 --
Warranty Deed $473,123 --
Warranty Deed $149,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Closed $417,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $42,258 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $473,123 +11.3% $174 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $425,000 +183.5% $156 / Sq Ft
06/06/2013 06/06/13 Sold $149,900 0.0% $85 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $149,900 -- $85 / 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 $8,332 $342,160 $67,080 $275,080
2023 $12,812 $309,480 $67,080 $242,400
2022 $7,917 $261,760 $85,440 $176,320
2021 $7,644 $254,120 $82,960 $171,160
2020 $7,301 $239,000 $62,880 $176,120
2019 $497 $228,960 $60,000 $168,960
2018 $7,385 $212,600 $43,080 $169,520
2017 $8,173 $189,240 $30,040 $159,200
2016 $8,194 $189,240 $30,040 $159,200
2015 $2,020 $25,560 $25,560 $0
2014 $2,718 $59,950 $20,030 $39,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5111105

First Multiple Listing Service (FMLS)

APN: 14-0022-0006-001-7