$350,000
SOLD DEC 30, 2024

893 Parsons St SW Atlanta, GA 30314

University Center Neighborhood
-- Bed
-- Bath
1,586 Sq Ft
4,134 Sq Ft Lot

Recently Sold

$221 Per Sq Ft

47 Days on Market

Highlights

  • Private Lot
  • Property is near schools
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Attic Fan
  • Ceiling Fan

About This Home

As of December 2024

JUST LISTED! RARE OPPORTUNITY IN THE AUC! LOW MAINTENANCE CASH FLOWING STUDENT HOUSING! TURNKEY OPERATION! 10% CAP RATE!!! 6 BEDROOMS W/ STUDENTS IN PLACE. COIN-OP WASHER/DRYER INCLUDED AND CAN BE TRANSFERRED. FENCED BACKYARD. NEW WIRING, PLUMBING, WINDOWS AND INSTALLATION. MINUTES FROM SPELMAN/MOREHOUSE/CLARK. WALKING DISTANCE TO MARTA TRAIN STATION, WALMART & RESTAURANTS. START EARNING INCOME IMMEDIATELY! DO NOT DISTURB TENANTS! PROPERTY CAN BE SHOWN DURING DD ONLY! OWNER PAYS ALL UTILITIES INCLUDING WIFI. THESE UNITS STAY OCCUPIED AND SELL QUICKLY. SERIOUS INQUIRIES ONLY! YOUR OPPORTUNITY IS KNOCKING! THIS WILL SELL QUICKLY! ****INTENTIONALLY HAVE ONE ROOM UNOCCUPIED FOR THE POTENTIAL OWNER/OCCUPANT! ***POTENTIAL PACKAGE DEAL AVAILABLE****

Last Agent to Sell the Property

Camille Gonzales

Pro Realty, LLC License #293602 Listed on: 10/31/2024

Last Buyer's Agent

Akia Shaw

Atlanta Communities License #381973

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1930

Lot Details

  • 4,134 Sq Ft Lot
  • Private Lot
  • Level Lot

Home Design

  • Frame Construction
  • Ridge Vents on the Roof
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Attic Fan

Location

  • Property is near schools
  • Property is near shops

Schools

  • M. A. Jones Elementary School
  • Herman J. Russell West End Academy Middle School
  • Booker T. Washington High School

Utilities

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

Community Details

  • 6 Units
  • Atlanta University Center Subdivision

Listing and Financial Details

  • Legal Lot and Block 99 / 99
  • Assessor Parcel Number 14 010900030123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,280

Year Built

Built in 1930

Lot Details

0

Listing Details

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

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition, Ridge Vents
  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping
  • Subdivision Complex: Atlanta University Center

Schools

  • Elementary School: M. A. Jones
  • Middle School: Herman J. Russell West End Academy
  • High School: Booker T. Washington

Lot Info

  • Acres: 0.0949
  • Lot: 99
  • Land/Lot: 99
  • Section G M D: 99
  • Plat Book: 99
  • Plat Page: 99
  • Lot Features: Level, Private
  • Lot Dimensions: x
  • Parcel Number: 14 010900030123
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 6
  • Number Of Units Total: 6

Tax Info

  • Taxes: 4280.00
  • Assessor Parcel Number: 14-0109-0003-012-3
  • Close Date: 2024-12-30
  • Tax Year: 2023

MLS Schools

  • Elementary School: M. A. Jones
  • High School: Booker T. Washington
  • Middle School: Herman J. Russell West End Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Dec 30, 2024
Sold by
Industry Estates Llc
Bought by
Flagg Jerel and Flagg Kelleigh
Seller's Agent
Camille Gonzales
Pro Realty, LLC
Buyer's Agent
Akia Shaw
Atlanta Communities
List Price
$350,000
Sold Price
$350,000
Views
101
Current Estimated Value
$341,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,746
Avg. Annual Appreciation
-4.50%
Original Mortgage
$332,500
Outstanding Balance
$330,778
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$10,476

Purchase Details

Closed on
Mar 16, 2016
Sold by
Rooms Around Campus Llc
Bought by
Industry Estates Llc

Purchase Details

Closed on
Sep 4, 2008
Sold by
Accredited Home Lenders Inc
Bought by
Hill Charles S and Hill Laurene T

Purchase Details

Closed on
Aug 5, 2008
Sold by
Tyler Thomas
Bought by
Accredited Home Lenders Inc

Purchase Details

Closed on
Jun 14, 2005
Sold by
893 Parsons Street Llc
Bought by
Tyler Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1997
Sold by
Champion Geraldine
Bought by
Fairley Gerry L and Fairley Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,560
Interest Rate
7.85%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $350,000 --
Warranty Deed -- --
Deed $35,000 --
Foreclosure Deed $121,500 --
Deed $185,000 --
Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,500 New Conventional
Previous Owner $166,500 New Conventional
Previous Owner $99,960 Stand Alone Second
Previous Owner $150,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $48,560 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $350,000 0.0% $221 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $350,000 -- $221 / 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 $3,334 $104,520 $33,600 $70,920
2023 $4,327 $104,520 $33,600 $70,920
2022 $2,859 $70,640 $22,120 $48,520
2021 $674 $70,640 $22,120 $48,520
2020 $1,085 $70,640 $22,120 $48,520
2019 $482 $26,480 $10,520 $15,960
2018 $1,071 $25,880 $10,280 $15,600
2017 $304 $7,040 $2,200 $4,840
2016 $305 $7,040 $2,200 $4,840
2015 $306 $7,040 $2,200 $4,840
2014 -- $7,040 $2,200 $4,840
Source: Public Records

Agents Affiliated with this Home

  • Camille Gonzales

    Seller's Agent in 2024

    Camille Gonzales

    Pro Realty, LLC

    (678) 462-2984

    7 in this area

    100 Total Sales

    Camille Gonzales
    Section Image
  • Akia Shaw

    Buyer's Agent in 2024

    Akia Shaw

    Atlanta Communities

    (404) 908-3077

    1 in this area

    134 Total Sales

    Akia Shaw
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7477457

First Multiple Listing Service (FMLS)

APN: 14-0109-0003-012-3

Georgia Fulton County Atlanta 30314 University Center

893 Parsons St SW, Atlanta, GA

This home is located at 893 Parsons St SW, Atlanta, GA 30314 and is currently priced at $350,000, approximately $220 per square foot. This property was built in 1930. 893 Parsons St SW is a home located in Fulton County with nearby schools including M. A. Jones Elementary School, Herman J. Russell West End Academy, and Booker T. Washington High School.

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