NOT LISTED FOR SALE

875 Ormewood Terrace SE Atlanta, GA 30316

Ormewood Park Neighborhood

Estimated Value: $622,000 - $747,000

3 Beds
2 Baths
1,581 Sq Ft
$437/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2015

Last sale price $439,500 $278 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,159 / mo

6 Days on Market

Highlights

  • City View
  • Property is near public transit, schools, and shops
  • Cathedral Ceiling
  • Deck
  • Private Lot
  • Wood Flooring

About This Home

As of April 2015

Don't miss out on this opportunity to live in HOT Ormewood Park. Stunning renovation featuring Design Galleria kitchen & baths as featured in Atlanta Homes & Lifestyles Magazine as well as Better Homes & Gardens. Chef's kitchen with super high-end cabinetry, granite & copper countertops, sub-zero refrigerator, warming drawers. Master suite offers heated stone flooring, double vanity and walk-in shower with soaking bench. The backyard is double-fenced and backs up to the Beltline. Zone 1 for Atlanta Neighborhood Charter.

Last Agent to Sell the Property

Jude Rasmus

NOT A VALID MEMBER License #DUP Listed on: 03/19/2015

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,087

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 55x266
  • Fenced
  • Private Lot
  • Level Lot
  • Garden

Home Design

  • Bungalow
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,581 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Screened Porch
  • Wood Flooring
  • City Views
  • Partial Basement
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • Detached Garage
  • Driveway

Location

  • Property is near public transit, schools, and shops
  • Property is near the Beltline

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Deck

Listing and Financial Details

  • Legal Lot and Block 9 / C
  • Assessor Parcel Number 14 002200090386

Community Details

Overview

  • Ormewood Park Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,087

Year Built

Built in 1940

Lot Details

0.3 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Condition: Resale
  • Year Built: 1940
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Water Heater, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, Walk-In Closet(s)
  • Basement: Partial
  • Kitchen Features: Breakfast Bar, Cabinets White, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Living Room, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1581.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Cedar
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch, Screened
  • Exterior Features: Garden
  • View: City

Garage/Parking

  • Parking Features: Detached, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Public Transportation, Sidewalks, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Ormewood Park

Lot Info

  • Lot: 9
  • Plat Book: 20
  • Plat Page: 12
  • Lot Features: Level, Private
  • Lot Dimensions: 55x266
  • Parcel Number: 14 002200090386
  • Property Attached Yn: No

Tax Info

  • Taxes: 4087.00
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Parkside
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2015
Closed on
Apr 23, 2015
Sold by
Bolton Joshua
Bought by
Peters David E and Peters Catherine
Seller's Agent
Jude Rasmus
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$424,900
Sold Price
$439,500
Premium/Discount to List
$14,600
3.44%
Current Estimated Value
$695,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,399
Avg. Annual Appreciation
4.20%
Original Mortgage
$345,600
Outstanding Balance
$266,532
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$424,166

Purchase Details

Listed on
Oct 29, 2012
Closed on
Dec 10, 2012
Sold by
Turcotte Mark
Bought by
Bolton Joshua
Seller's Agent
Chase Mizell
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Jude Rasmus
Rasmus Real Estate Group, Inc.
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$313,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Parrish Richard R
Bought by
Turcotte Mark and Turcotte Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,400
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1998
Sold by
Parish Richard R
Bought by
Parish R R R and Parish Quinn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peters David E $439,500 --
Bolton Joshua $330,000 --
Turcotte Mark $403,000 --
Parish R R R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters David E $345,600
Previous Owner Bolton Joshua $313,500
Previous Owner Turcotte Mark $322,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2015 04/23/15 Sold $439,500 +3.4% $278 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $424,900 +28.8% $269 / Sq Ft
12/10/2012 12/10/12 Sold $330,000 -5.7% $209 / Sq Ft View Prior Sale
11/10/2012 11/10/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $349,900 -- $221 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $5,326 $224,920 $47,040 $177,880
2023 $11,185 $247,720 $47,040 $200,680
2022 $7,730 $270,160 $47,040 $223,120
2021 $5,501 $179,320 $63,080 $116,240
2020 $5,536 $179,320 $63,080 $116,240
2018 $6,313 $180,960 $76,440 $104,520
2017 $4,891 $142,040 $32,080 $109,960
2016 $5,220 $175,800 $46,760 $129,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5511352

First Multiple Listing Service (FMLS)

APN: 14-0022-0009-038-6

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