NOT LISTED FOR SALE

Estimated Value: $1,005,000 - $1,308,000

5 Beds
3 Baths
3,072 Sq Ft
$388/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $533,500 $174 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $7,322/month

21 Days on Market

Highlights

  • Fitness Center
  • 0.5 Acre Lot
  • 1 Car Detached Garage
  • Springdale Park Elementary School Rated A
  • Property is near public transit
  • Community Playground

About This Home

As of March 2015

Unique investment opportunity in VA-HI. Property currently has two units but has the potential for a third. Huge level lot. Also suitable for redevelopment. Home has newly constructed brick garage with industrial roll up doors and loft space for potential third unit.

Last Agent to Sell the Property

Scott Riley

Keller Williams Realty Metro Atlanta License #180445 Listed on: 02/02/2015

Keller Williams Realty Metro Atlanta

Co-Listed By

Kellum Smith

Ansley Real Estate | Christie's International Real Estate License #169752

Last Buyer's Agent

Charlotte Bair

Keller Williams Realty Intown ATL License #351728

Keller Williams Realty Intown ATL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,891

Year Built

  • Built in 1930

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 54 x 200
  • Fenced
  • Level Lot

Home Design

  • 3,072 Sq Ft Home
  • Frame Construction

Parking

  • 1 Car Detached Garage
  • Varies By Unit
  • Driveway Level

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 939NHighlandAVENE

Community Details

Overview

  • 2 Units
  • Virginia Highland Subdivision

Amenities

  • Restaurant

Recreation

  • Community Playground
  • Fitness Center
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,891

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Square Footage: 3072.00

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Detached, Level Driveway, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Features: Fitness Center, Near Schools, Near Shopping, Park, Playground, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Virginia Highland

Schools

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

Lot Info

  • Acres: 0.5000
  • Lot: 1
  • Land/Lot: 1
  • Plat Book: 52973
  • Plat Page: 223
  • Lot Features: Level
  • Lot Dimensions: 54 x 200
  • Parcel Number: 939NHighlandAVENE
  • Property Attached Yn: No

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 6891.00
  • Assessor Parcel Number: 17-0001-0010-081
  • Close Date: 2015-03-13
  • Tax Year: 2014

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 13, 2015
Sold by
Laurus Holdings Llc
Bought by
White David and White Therese
Seller's Agent
Scott Riley
Keller Williams Realty Metro Atlanta
Buyer's Agent
Charlotte Bair
Keller Williams Realty Intown ATL
List Price
$540,000
Sold Price
$533,500
Premium/Discount to List
-$6,500
-1.2%
Current Estimated Value
$1,127,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,574
Avg. Annual Appreciation
7.19%
Original Mortgage
$400,125
Outstanding Balance
$310,349
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$789,616

Purchase Details

Closed on
Mar 25, 2013
Sold by
Fernandes Filomena De Fati
Bought by
Laurus 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
$88,320
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2010
Sold by
Bjerre Jakob
Bought by
Fernandes Filomena D

Purchase Details

Closed on
May 3, 2006
Sold by
Turner Jan W
Bought by
Bjerre Jakob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.28%
Mortgage Type
Trade
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
White David $533,500 --
Laurus Holdings Llc $380,000 --
Fernandes Filomena D -- --
Bjerre Jakob $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White David $400,125
Previous Owner Laurus Holdings Llc $150,000
Previous Owner Laurus Holdings Llc $88,320
Previous Owner Bjerre Jakob $390,000
Previous Owner Bjerre Jakob $390,000
Previous Owner Turner Jan W $100,000
Previous Owner Morningside Construction Inc $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $533,500 -1.2% $174 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $540,000 -- $176 / 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 $13,823 $433,320 $145,000 $288,320
2023 $19,620 $473,920 $145,000 $328,920
2022 $16,305 $402,880 $108,320 $294,560
2021 $15,394 $380,000 $128,800 $251,200
2020 $8,742 $380,000 $128,800 $251,200
2019 $925 $388,240 $128,800 $259,440
2018 $8,835 $213,400 $50,760 $162,640
2017 $9,217 $213,400 $50,760 $162,640
2016 $9,240 $213,400 $50,760 $162,640
2015 $13,946 $301,880 $71,840 $230,040
2014 -- $152,000 $73,280 $78,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5392593

First Multiple Listing Service (FMLS)

APN: 17-0001-0010-081-1