NOT LISTED FOR SALE

947 Reed Ave Atlanta, GA 30344

Estimated Value: $158,000 - $219,000

2 Beds
1 Bath
800 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2024

Last sale price $90,000 $112 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,056 / mo

204 Days on Market

Highlights

  • Deck
  • Front Porch
  • Bungalow
  • Wood Flooring
  • Laundry in Mud Room
  • 1-Story Property

About This Home

As of June 2024

Cute little house ready for an investor to renovate! This will make a great rental property. This area is seeing great growth and development. Located walking distance to public transportation and Walmart. We also have other investment properties available. Property is sold as is, with disclosures attached to the listing. This property needs work, it will NOT qualify for FHA at all. Utilities will not be turned on for inspection. Please no blind offers, see showing instructions for very easy showing! Pictures will be added within 48 hours of listing.

Last Agent to Sell the Property

Jai Vetter Manning

Century 21 Connect Realty License #325970 Listed on: 11/16/2023

Century 21 Connect Realty

Last Buyer's Agent

Dylan Alonso

Networth Realty of Atlanta, LLC. License #409305

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1955

Lot Details

  • 10,001 Sq Ft Lot
  • Sloped Lot
  • Back and Front Yard

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Laundry in Mud Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 2 Parking Spaces
  • Parking Accessed On Kitchen Level
  • Driveway
  • Assigned Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Parklane Elementary School
  • Paul D. West Middle School
  • Tri-Cities High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Phone Available
  • Cable TV Available

Community Details

  • Sylvan Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / E
  • Assessor Parcel Number 14 012500040098

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,573

Year Built

Built in 1955

Lot Details

10,001 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Legal Description: 14-0125-0004-009-8
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Condition: Resale
  • Year Built: 1955
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 800.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Other
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 800.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch
  • Foundation: See Remarks

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Driveway, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Mud Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Sylvan Terrace

Lot Info

  • Acres: 0.2296
  • Lot: 16
  • Lot Features: Back Yard, Front Yard, Sloped
  • Lot Dimensions: x
  • Parcel Number: 14 012500040098
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1573.00
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Parklane
  • High School: Tri-Cities
  • Middle School: Paul D. West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Smart Homes By Us Llc
Bought by
947 Reed Ave Llc
Current Estimated Value
$184,597

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jun 27, 2024
Sold by
Peachtree City Financial Llc
Bought by
Smart Homes By Us Llc
Seller's Agent
Jai Vetter Manning
Century 21 Connect Realty
Buyer's Agent
Dylan Alonso
Networth Realty of Atlanta, LLC.
List Price
$115,000
Sold Price
$90,000
Premium/Discount to List
-$25,000
-21.74%
Views
263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.76%
Original Mortgage
$148,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jun 25, 2024
Sold by
Louie Wai Kuen
Bought by
Peachtree City Financial Llc
Seller's Agent
Jai Vetter Manning
Century 21 Connect Realty
Buyer's Agent
Dylan Alonso
Networth Realty of Atlanta, LLC.
List Price
$115,000
Sold Price
$90,000
Premium/Discount to List
-$25,000
-21.74%
Views
263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2019
Closed on
Feb 5, 2020
Sold by
Babcock Nancy T
Bought by
Louie Wai Kuen
Seller's Agent
Kim Peacock
Southern Real Estate Properties
Buyer's Agent
Jai Vetter Manning
Century 21 Connect Realty
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.31%
Original Mortgage
$51,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2011
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Babcock Nacy T

Purchase Details

Closed on
Mar 1, 2011
Sold by
Citimortgage
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
May 2, 2002
Sold by
947 Reed Ave Trust
Bought by
Thompson Alvin D and Thompson Carolyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1997
Sold by
Shierling Betty L
Bought by
Henning Michael
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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Purchase History

Date Buyer Sale Price Title Company
947 Reed Ave Llc -- --
Smart Homes By Us Llc $100,000 --
Peachtree City Financial Llc $90,000 --
Louie Wai Kuen $85,000 --
Babcock Nacy T $12,000 --
Federal Natl Mtg Assn Fnma -- --
Citimortgage $72,735 --
Thompson Alvin D $85,000 --
Henning Michael $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smart Homes By Us Llc $148,000
Previous Owner Louie Wai Kuen $51,000
Previous Owner Thompson Alvin D $76,500
Closed Henning Michael --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Sold $90,000 -21.7% $113 / Sq Ft
06/14/2024 06/14/24 For Sale $115,000 +27.8% $144 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/18/2024 05/18/24 Off Market $90,000 -- --
05/18/2024 05/18/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $115,000 0.0% $144 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $115,000 +27.8% $144 / Sq Ft
04/12/2024 04/12/24 Off Market $90,000 -- --
04/10/2024 04/10/24 Price Changed $115,000 0.0% $144 / Sq Ft
04/10/2024 04/10/24 For Sale $115,000 -3.4% $144 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/26/2024 03/26/24 Price Changed $119,000 -7.8% $149 / Sq Ft
03/11/2024 03/11/24 Price Changed $129,000 0.0% $161 / Sq Ft
03/11/2024 03/11/24 For Sale $129,000 +43.3% $161 / Sq Ft
03/10/2024 03/10/24 Off Market $90,000 -- --
03/07/2024 03/07/24 Price Changed $134,900 -1.9% $169 / Sq Ft
02/05/2024 02/05/24 Price Changed $137,500 -5.2% $172 / Sq Ft
01/26/2024 01/26/24 Price Changed $145,000 -2.0% $181 / Sq Ft
01/08/2024 01/08/24 Price Changed $148,000 -1.3% $185 / Sq Ft
11/16/2023 11/16/23 For Sale $150,000 +76.5% $188 / Sq Ft
02/05/2020 02/05/20 Sold $85,000 -5.5% $106 / Sq Ft View Prior Sale
11/25/2019 11/25/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $89,900 -- $112 / 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 $922 $66,480 $21,680 $44,800
2023 $922 $85,920 $44,600 $41,320
2022 $1,573 $59,800 $16,280 $43,520
2021 $2,404 $58,040 $15,800 $42,240
2020 $1,865 $43,760 $10,040 $33,720
2019 $369 $22,920 $4,920 $18,000
2018 $360 $12,760 $1,840 $10,920
2017 $208 $7,120 $1,720 $5,400
2016 $208 $7,120 $1,720 $5,400
2015 $376 $7,120 $1,720 $5,400
2014 $218 $7,120 $1,720 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7303735

First Multiple Listing Service (FMLS)

APN: 14-0125-0004-009-8

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