NOT LISTED FOR SALE

897 Parsons St SW Atlanta, GA 30314

University Center Neighborhood

Estimated Value: $437,000 - $661,000

14 Beds
4 Baths
3,140 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $446,200 $142 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,847/month

44 Days on Market

Highlights

  • City View
  • Security Service
  • Accessible Electrical and Environmental Controls
  • Property is walking distance to MARTA
  • Accessible Bedroom
  • Accessible Full Bathroom

About This Home

As of May 2019

Strong performing investment property, grossing $6580 a month! Within walking distance of the Atlanta University Center. Located 1 mi from Mercedes Benz stadium, State Farm arena, Centennial Olympic park, Rodney C Cook Park and downtown. The property is operating as student housing. A kitchen, laundry and 2 full bathrooms (one on each level). Each room is fully furnished. Roof, flooring, electrical and HVAC all updated within recent years. Financials provided to serious buyers only.

Last Agent to Sell the Property

Terrence Wright

Wright Real Estate License #304989 Listed on: 03/04/2019

Last Buyer's Agent

George Juzang

NOT A VALID MEMBER License #356550

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 2000

Lot Details

  • 4,408 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • City Views

Parking

  • 4 Parking Spaces
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Kitchen Appliances
  • Accessible Hallway
  • Accessible Washer and Dryer
  • Accessible Electrical and Environmental Controls

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near the Beltline

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 010900030131

Community Details

Overview

  • 14 Units
  • Atlanta University Center Subdivision

Additional Features

  • Restaurant
  • Security Service

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$605

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 2000
  • Accessibility Features: Accessible Bedroom, Accessible Electrical and Environmental Controls, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Service
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Heat Pump
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Marta, Near Schools, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Atlanta University Center

Fee Information

  • Annual Expenses: 23264

Schools

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

Lot Info

  • Acres: 0.1012
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 14 010900030131
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 14

Tax Info

  • Taxes: 605.00
  • Assessor Parcel Number: 14-0109-0003-013-1
  • Close Date: 2019-05-16
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • 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
Mar 4, 2019
Closed on
May 16, 2019
Sold by
Castle Holdings Llc
Bought by
Click & Stay Llc Trustee and The Parson 897 Land Tr
Seller's Agent
Terrence Wright
Wright Real Estate
Buyer's Agent
George Juzang
NOT A VALID MEMBER
List Price
$475,000
Sold Price
$446,200
Premium/Discount to List
-$28,800
-6.06%
Current Estimated Value
$548,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,877
Avg. Annual Appreciation
3.27%
Original Mortgage
$445,000
Outstanding Balance
$394,490
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$148,319

Purchase Details

Closed on
May 8, 2009
Sold by
Taylor Bean & Whitaker Mtg Cor
Bought by
Castle Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Taylor Bean & Whitaker Mtg Cor

Purchase Details

Closed on
Nov 7, 2006
Sold by
Taylor Bean & Whitaker Mtg Cor
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 3, 2005
Sold by
Fairley Gerry
Bought by
Braxton Vikki R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.61%
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 Buyer Sale Price Title Company
Click & Stay Llc Trustee $446,200 --
Castle Holdings Llc $175,000 --
Taylor Bean & Whitaker Mtg Cor -- --
Federal Home Loan Mortgage Corporation -- --
Taylor Bean & Whitaker Mtg Cor $277,834 --
Braxton Vikki R $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Click & Stay Llc Trustee $445,000
Closed Click & Stay Llc Trustee $445,000
Previous Owner Castle Holdings Llc $120,000
Previous Owner Braxton Vikki R $260,000
Previous Owner Fairley Gerry L $153,000
Previous Owner Fairley Gerry $44,100
Previous Owner Fairley Gerry $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $446,200 -6.1% $142 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $475,000 0.0% $151 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $475,000 0.0% $151 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $475,000 -- $151 / 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
2023 $9,529 $230,160 $33,920 $196,240
2022 $7,317 $180,800 $18,960 $161,840
2021 $6,909 $158,520 $22,600 $135,920
2020 $5,994 $146,320 $22,320 $124,000
2019 $482 $49,560 $10,640 $38,920
2018 $2,004 $48,400 $10,400 $38,000
2017 $605 $14,000 $2,200 $11,800
2016 $606 $14,000 $2,200 $11,800
2015 $1,066 $14,000 $2,200 $11,800
2014 $635 $14,000 $2,200 $11,800
Source: Public Records

Agents Affiliated with this Home

  • Terrence Wright

    Seller's Agent in 2019

    Terrence Wright

    Wright Real Estate

    (404) 213-7273

    38 Total Sales

    Terrence Wright
    Section Image

  • G

    Buyer's Agent in 2019

    George Juzang

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6513574

First Multiple Listing Service (FMLS)

APN: 14-0109-0003-013-1

Georgia Fulton County Atlanta 30314 University Center

897 Parsons St SW, Atlanta, GA

This home is located at 897 Parsons St SW, Atlanta, GA 30314 since 04 March 2019 and is currently estimated at $548,077, approximately $174 per square foot. This property was built in 2000. 897 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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