NOT LISTED FOR SALE

978 Ormewood Ave SE Atlanta, GA 30316

Ormewood Park Neighborhood

Estimated Value: $479,000 - $587,000

2 Beds
1 Bath
1,219 Sq Ft
$429/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $329,000 $270 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,045/month

2 Days on Market

Highlights

  • City View
  • Main Floor Primary Bedroom
  • Private Yard
  • Traditional Architecture
  • Loft
  • Home Office

About This Home

As of August 2019

Charming bungalow with a loft in Ormewood Park! This 2-bedroom, 1-bathroom post-war home is in a prime location adjacent to The Beltline and close to Grant Park. Features include hardwood floors, extra office space just off the living room, a beautiful finished loft with guest room potential, updated kitchen and bathroom, washer/dryer included, off-street parking, and a picturesque, spacious back yard with a picket fence and storage shed. Don't miss this incredibly affordable opportunity to be in one of the hottest areas in the city!

Last Agent to Sell the Property

ROB SMITH

Keller Williams Realty Intown ATL License #276660 Listed on: 07/24/2019

Keller Williams Realty Intown ATL

Last Buyer's Agent

Elena Corbett

Atlanta Communities License #276649

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,321

Year Built

  • Built in 1948

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 248x50x238x50
  • Private Entrance
  • Landscaped
  • Private Yard
  • Back and Front Yard

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Bungalow
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,219 Sq Ft Home
  • 1.5-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Private Rear Entry
  • Living Room
  • Home Office
  • Loft
  • Bonus Room
  • City Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Schools

  • Parkside Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Gas Water Heater

Community Details

  • Ormewood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 001100050409

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,321

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Loft, Traditional
  • Property Condition: Resale
  • Year Built: 1948
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Gas Water Heater, Gas Cooktop, Gas Oven, Washer
  • Interior Amenities: High Ceilings 9 ft Main, Double Vanity
  • Kitchen Features: Breakfast Bar, Cabinets Stain
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Living Room, Loft, Office
  • Square Footage: 1219.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main, Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Exterior Features: Private Yard, Private Front Entry, Private Rear Entry, Storage
  • View: City

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Mud Room
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Ormewood Park

Lot Info

  • Acres: 0.2670
  • Lot Features: Back Yard, Front Yard, Landscaped, Private
  • Lot Dimensions: 248x50x238x50
  • Parcel Number: 14 001100050409
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4321.00
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Parkside
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Aug 16, 2019
Sold by
Taylor Alexandra A
Bought by
Thorpe Ian Patrick and Corbett Sarah
Seller's Agent
ROB SMITH
Keller Williams Realty Intown ATL
Buyer's Agent
Elena Corbett
Atlanta Communities
List Price
$325,000
Sold Price
$329,000
Premium/Discount to List
$4,000
1.23%
Current Estimated Value
$522,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,728
Avg. Annual Appreciation
7.50%
Original Mortgage
$312,350
Outstanding Balance
$274,121
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$248,607

Purchase Details

Closed on
Jan 19, 2010
Sold by
National Tax Funding Lp
Bought by
Ali Abdusha

Purchase Details

Closed on
Jul 8, 2008
Sold by
Trent Gaines & Penguin Props L
Bought by
Taylor Alexandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,955
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2008
Sold by
Harrison Brian C
Bought by
Morgan Stanley Abs Cap I Inc M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,251
Interest Rate
5.84%

Purchase Details

Closed on
Dec 2, 2004
Sold by
Ermax Ents Inc
Bought by
Harrison Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
8.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2004
Sold by
Maple Holdings Llc
Bought by
Ermax Ents Inc

Purchase Details

Closed on
May 1, 2000
Sold by
Kania Christopher M
Bought by
Favazza Benjamin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,150
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1998
Sold by
Moody Ronnie A and Moody Susan W
Bought by
Ryder Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
7.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thorpe Ian Patrick $329,000 --
Ali Abdusha $4,600 --
Taylor Alexandra A $151,500 --
Morgan Stanley Abs Cap I Inc M $106,251 --
Harrison Brian C $145,000 --
Ermax Ents Inc $130,000 --
Maple Holdings Llc $96,000 --
Favazza Benjamin A $151,800 --
Ryder Laura $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorpe Ian Patrick $312,350
Previous Owner Taylor Alexandra A $146,955
Previous Owner Morgan Stanley Abs Cap I Inc M $106,251
Previous Owner Harrison Brian C $137,750
Previous Owner Favazza Benjamin A $147,150
Previous Owner Ryder Laura $79,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2019 08/16/19 Sold $329,000 +1.2% $270 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $325,000 0.0% $267 / Sq Ft
01/05/2018 01/05/18 Rented $1,800 0.0% --
12/13/2017 12/13/17 For Rent $1,800 0.0% --
04/06/2016 04/06/16 Sold $311,000 0.0% $190 / Sq Ft View Prior Sale
03/15/2016 03/15/16 Price Changed $311,000 0.0% $190 / Sq Ft
03/09/2016 03/09/16 Rented $1,600 0.0% --
03/03/2016 03/03/16 For Rent $1,600 0.0% --
02/29/2016 02/29/16 Pending -- -- --
02/09/2016 02/09/16 Price Changed $310,000 -1.6% $189 / Sq Ft
02/09/2016 02/09/16 For Sale $315,000 0.0% $193 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/14/2016 01/14/16 Price Changed $315,000 -0.9% $193 / Sq Ft
12/15/2015 12/15/15 Price Changed $318,000 -0.2% $194 / Sq Ft
11/04/2015 11/04/15 Price Changed $318,500 -0.2% $195 / Sq Ft
10/01/2015 10/01/15 For Sale $319,000 -- $195 / 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 $3,739 $182,480 $35,080 $147,400
2023 $6,361 $153,640 $33,680 $119,960
2022 $4,026 $153,640 $33,680 $119,960
2021 $3,641 $138,960 $58,320 $80,640
2020 $3,446 $124,000 $46,000 $78,000
2019 $485 $112,120 $45,160 $66,960
2018 $4,321 $104,360 $54,760 $49,600
2017 $2,797 $64,760 $22,960 $41,800
2016 $2,804 $64,760 $22,960 $41,800
2015 $1,565 $64,760 $22,960 $41,800
2014 $1,626 $64,760 $22,960 $41,800
Source: Public Records

Agents Affiliated with this Home

  • ROB SMITH

    Seller's Agent in 2019

    ROB SMITH

    Keller Williams Realty Intown ATL

    (404) 906-5857

    12 in this area

    135 Total Sales

    ROB SMITH
    Section Image
  • Elena Corbett

    Buyer's Agent in 2019

    Elena Corbett

    Atlanta Communities

    (678) 467-1687

    55 Total Sales

    Elena Corbett
    Section Image

  • R

    Seller's Agent in 2018

    Rachel Wakeman

    NOT A VALID MEMBER

    Section Image

  • T

    Seller's Agent in 2016

    Tye Burton

    The Atlanta Home Experts, LLC

    (678) 488-0818

    2 Total Sales

    Tye Burton
    Section Image

  • D

    Seller's Agent in 2016

    David Watkins

    ERA Foster & Bond/ERA

    (678) 612-8000

    16 Total Sales

    David Watkins
    Section Image

  • M

    Buyer's Agent in 2016

    Matt Palmer

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6590641

First Multiple Listing Service (FMLS)

APN: 14-0011-0005-040-9

Georgia Fulton County Atlanta 30316 Ormewood Park

978 Ormewood Ave SE, Atlanta, GA

Not Listed for Sale

Detached

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