NOT LISTED FOR SALE

Estimated Value: $1,295,000 - $1,609,000

1 Bed
1 Bath
-- Sq Ft
5,532 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $1,140,000

Est. 30% increase in value since last sale

Current estimated payment $8,704/month

Highlights

  • Property is near public transit
  • Park
  • Forced Air Zoned Heating and Cooling System
  • Springdale Park Elementary School Rated A
  • Restaurant
  • 2-minute walk to North Highland Park

About This Home

As of March 2021

4 unit investment opportunity in the heart of Virginia Highland! 100% occupied - coveted parking on property plus on street parking available too. Walk to everything Virginia Highland has to offer to include restaurants, shopping, parks, Ponce City Market, the beltline, and more! Easy access to Emory, Decatur, Midtown, and Downtown. 2 bedroom, 2 bath unit upstairs, 2 bedrooms, 1 bath unit and large 1 bedroom, 1 bath unit on main level plus terrace level 1 bedroom, 1 bath unit. Zoned RG2C (multi-family with limited commercial).

Last Agent to Sell the Property

Carolyn Phillips Long

Berkshire Hathaway HomeServices Georgia Properties License #100407 Listed on: 12/07/2020

Berkshire Hathaway HomeServices Georgia Properties

Last Buyer's Agent

Rockey Fields

Atlanta Communities License #335631

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,843

Year Built

  • Built in 1930

Lot Details

  • 5,532 Sq Ft Lot
  • Lot Dimensions are 60x205x62x208
  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Parking

  • 6 Parking Spaces
  • Parking Lot

Eco-Friendly Details

  • Energy-Efficient Thermostat

Location

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

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 14 001600060015

Community Details

Overview

  • 4 Units
  • Virgnia Highland Subdivision

Amenities

  • Restaurant

Recreation

  • Park
  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,843

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1930
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • 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 Trails/Greenway, Park, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Virgnia Highland

Lot Info

  • Acres: 0.1270
  • Lot: 35
  • Plat Book: 5
  • Plat Page: 127
  • Lot Features: Level
  • Lot Dimensions: 60x205x62x208
  • Parcel Number: 14 001600060015
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 9843.00
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: 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 7, 2020
Closed on
Mar 31, 2021
Sold by
Lee Atlanta Properties Llc
Bought by
Aria Andrea
Seller's Agent
Carolyn Phillips Long
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Rockey Fields
Atlanta Communities
List Price
$1,250,000
Sold Price
$1,140,000
Premium/Discount to List
-$110,000
-8.8%
Current Estimated Value
$1,482,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,760
Avg. Annual Appreciation
5.91%
Original Mortgage
$855,000
Outstanding Balance
$771,961
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$710,799

Purchase Details

Closed on
Jul 17, 2017
Sold by
Mobley Lynn D
Bought by
Lee Atlanta Properties Llc
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
Aria Andrea $1,140,000 --
Lee Atlanta Properties Llc $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aria Andrea $855,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $1,140,000 -8.8% --
02/13/2021 02/13/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $1,250,000 -- --
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 $10,846 $423,160 $147,800 $275,360
2023 $14,076 $340,000 $147,800 $192,200
2022 $18,090 $447,000 $147,800 $299,200
2021 $9,009 $222,400 $147,800 $74,600
2020 $9,843 $240,280 $147,800 $92,480
2019 $1,872 $240,280 $147,800 $92,480
2018 $9,948 $240,280 $147,800 $92,480
2017 $9,865 $228,400 $147,800 $80,600
2016 $9,890 $228,400 $147,800 $80,600
2015 $11,146 $228,400 $147,800 $80,600
2014 $10,356 $228,400 $147,800 $80,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6816535

First Multiple Listing Service (FMLS)

APN: 14-0016-0006-001-5