NOT LISTED FOR SALE

949 Ormewood Terrace SE Unit A&B Atlanta, GA 30316

Ormewood Park Neighborhood

Estimated Value: $512,000 - $665,117

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot Lot

Sale Details

Date Sold: December 2, 2024

Last sale price $550,000

Est. 6% increase in value since last sale

Current estimated payment $3,876 / mo

20 Days on Market

Highlights

  • 1 Fireplace
  • Park
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2024

Introducing this unique duplex located at 949 Ormewood Terrace units A&B . This is not your run of the mill side by side duplex. This duplex has distinct entrances on separate sides. Offering the ultimate privacy for you and/or your tenants. Currently generating a monthly gross revenue of $3998. Situated in the desirable Ormewood Park/ Liddell Estates. This property is conveniently located 1.2 miles from Grant Park/Zoo Atlanta . Also conveniently located near Downtown Atlanta. As a bonus this property has a large detached garage that the tenants do not have access to. It can be used for storage or to generate extra income. Both units are tenant occupied.Do not disturb or walk around the property. Both units are individually metered for electricity , water is included in the rent. No seller or creative financing . No seller disclosure . The seller never lived in the duplex no Subjects to's or any other creative financing . Must present POF to view the home. Unit A lease expires 4/30/25 ($2013 per month) unit B is on a month to month ($1985)

Last Agent to Sell the Property

Neysa Eberhart

Luxury R/E Brokers of Atlanta License #321430 Listed on: 10/03/2024

Last Buyer's Agent

Austin Whitaker

Fathom Realty GA, LLC License #410138

Fathom Realty GA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,770

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Parkside Elementary School
  • King Middle School
  • Mh Jackson Jr High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Private Water Source

Listing and Financial Details

  • The owner pays for garbage, water

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ormewood Park Subdivision

Recreation

  • Park

Building Details

  • Gross Income $3,998

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,770

Year Built

Built in 1948 | Remodeled

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .18
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Block, Brick
  • Foundation Details: Block
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Sidewalks

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Parkside
  • High School: MH Jackson Jr
  • Middle School: King

Rental Info

  • Owner Pays: Garbage, Water

Multi Family

  • Total Fireplaces: 1
  • GrossIncome: 3998
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Dec 5, 2024
Sold by
Brogdon Mitchell Gino
Bought by
Pozsgai Brendan
Seller's Agent
Neysa Eberhart
Luxury R/E Brokers of Atlanta
Buyer's Agent
Austin Whitaker
Fathom Realty GA, LLC
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
31
Current Estimated Value
$582,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,029
Avg. Annual Appreciation
3.93%
Original Mortgage
$495,000
Outstanding Balance
$489,236
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$92,793

Purchase Details

Closed on
Jan 20, 2021
Sold by
Brogdon Mitchell Gino
Bought by
Peachtree Enterprises Xi Llc

Purchase Details

Closed on
Aug 8, 2019
Sold by
Carter Beverly A
Bought by
Brogdon Mitchell Gino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,465
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2004
Sold by
Testa Carl
Bought by
Gregory Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1998
Sold by
Herren Robert S
Bought by
Testa Carl S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.85%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Pozsgai Brendan $550,000 --
Peachtree Enterprises Xi Llc -- --
Brogdon Mitchell Gino $416,000 --
Gregory Beverly A $235,000 --
Testa Carl S $144,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Pozsgai Brendan $495,000
Previous Owner Brogdon Mitchell Gino $408,465
Previous Owner Gregory Beverly A $23,500
Previous Owner Testa Carl S $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2024 12/02/24 Sold $550,000 -4.3% --
10/23/2024 10/23/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $575,000 -- --
Source: Georgia MLS

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 $8,717 $273,520 $39,520 $234,000
2023 $8,866 $214,160 $37,960 $176,200
2022 $8,667 $214,160 $37,960 $176,200
2021 $7,462 $184,200 $65,760 $118,440
2020 $6,769 $165,240 $51,840 $113,400
2019 $949 $80,000 $25,880 $54,120
2018 $3,312 $80,000 $25,880 $54,120
2017 $3,533 $80,000 $25,880 $54,120
2016 $4,167 $96,240 $25,880 $70,360
2015 $5,142 $96,240 $25,880 $70,360
2014 -- $96,240 $25,880 $70,360
Source: Public Records

Agents Affiliated with this Home

  • Neysa Eberhart

    Seller's Agent in 2024

    Neysa Eberhart

    Luxury R/E Brokers of Atlanta

    (404) 859-8747

    2 in this area

    23 Total Sales

    Neysa Eberhart
    Section Image
  • Austin Whitaker

    Buyer's Agent in 2024

    Austin Whitaker

    Fathom Realty GA, LLC

    (813) 465-3283

    2 in this area

    61 Total Sales

    Austin Whitaker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10388318

Georgia MLS

APN: 14-0010-0005-002-0

Georgia Fulton County Atlanta 30316 Ormewood Park

949 Ormewood Terrace SE Unit A&B, Atlanta, GA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

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