NOT LISTED FOR SALE

983 Sims Ave NW Atlanta, GA 30318

Grove Park Neighborhood

Estimated Value: $387,074 - $696,000

8 Beds
6 Baths
2,864 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $115,000 $40 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $2,961/month

1,206 Days on Market

Highlights

  • Property is near public transit
  • Energy-Efficient Windows
  • Level Lot
  • Central Heating

About This Home

As of February 2013

Get Your Cash Flow Going! Attn Section 8 landlords and investors, look here for fantastic opportunity. Large duplex with hardwood floors in living spaces, carpeted bedrooms and tile baths. Large rooms, several with walking closets.High ceilings on main and upper levels. Mechanicals 3 years old. no FHA financing. no lowballers, not a distress sale. Broker/Owner.

Last Agent to Sell the Property

Carlos A Parada

Distinctive Properties of ATL. License #213540 Listed on: 10/09/2009

Last Buyer's Agent

ZANA DILLARD

Atlanta Fine Homes Sotheby's International License #201866

Atlanta Fine Homes Sotheby's International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Parking

  • 1 Parking Space
  • Varies By Unit
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Schools

  • William M.Boyd Elementary School
  • Frederick Douglass High School

Utilities

  • Central Heating
  • Heat Pump System

Additional Features

  • Insulated Windows
  • Property is near public transit

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 983SimsAVENW

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,300

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 2005
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Electric, Heat Pump

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Elementary School: William M.Boyd
  • Middle School: Fulton - Other
  • High School: Frederick Douglass

Lot Info

  • Acres: 0.3300
  • Lot Features: Level
  • Parcel Number: 983SimsAVENW
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Windows

Multi Family

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

Tax Info

  • Taxes: 1300.00
  • Assessor Parcel Number: 17-0226-0007-072
  • Close Date: 2013-02-15
  • Tax Year: 2011

MLS Schools

  • Elementary School: William M.Boyd
  • High School: Frederick Douglass
  • Middle School: Fulton - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2009
Closed on
Feb 15, 2013
Sold by
Parada Carlos A
Bought by
Sa Mode Inc
Seller's Agent
Carlos A Parada
Distinctive Properties of ATL.
Buyer's Agent
ZANA DILLARD
Atlanta Fine Homes Sotheby's International
List Price
$145,000
Sold Price
$115,000
Premium/Discount to List
-$30,000
-20.69%
Current Estimated Value
$487,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,769
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
Oct 28, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rodillas Nicholas C

Purchase Details

Closed on
Aug 5, 2008
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 26, 2007
Sold by
Dandarr Llc & +
Bought by
Ozakwue Festus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Dandarr Llc
Bought by
Kline David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,301
Interest Rate
6.1%

Purchase Details

Closed on
Aug 1, 2006
Sold by
Bates Stacey
Bought by
Citigroup Mtg Loan Trust Inc 2

Purchase Details

Closed on
Jun 8, 2005
Sold by
Sax Investments Llc
Bought by
Bates Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2004
Sold by
Spring Grove Partners Llc
Bought by
Sax Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.91%

Purchase Details

Closed on
Jul 27, 2004
Sold by
Westbrook Winfred H
Bought by
Spring Grove Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.91%
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
Sa Mode Inc $115,000 --
Rodillas Nicholas C -- --
Federal Home Loan Mortgage Corporation -- --
Citimortgage Inc $299,089 --
Ozakwue Festus $395,000 --
Kline David -- --
Dandarr Llc $217,900 --
Citigroup Mtg Loan Trust Inc 2 $201,600 --
Bates Stacey $370,000 --
Sax Investments Llc $36,500 --
Spring Grove Partners Llc $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ozakwue Festus $355,500
Previous Owner Dandarr Llc $226,301
Previous Owner Bates Stacey $296,000
Previous Owner Sax Investments Llc $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2013 02/15/13 Sold $115,000 -20.7% $40 / Sq Ft
01/27/2013 01/27/13 Pending -- -- --
10/09/2009 10/09/09 For Sale $145,000 -- $51 / 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 $3,882 $121,680 $54,440 $67,240
2023 $3,882 $125,440 $54,440 $71,000
2022 $5,077 $125,440 $54,440 $71,000
2021 $5,150 $127,120 $58,160 $68,960
2020 $4,590 $112,040 $29,120 $82,920
2019 $936 $53,640 $18,480 $35,160
2018 $1,164 $28,120 $4,720 $23,400
2017 $1,071 $24,800 $4,320 $20,480
2016 $1,074 $24,800 $4,320 $20,480
2015 $1,592 $24,800 $4,320 $20,480
2014 $987 $21,760 $8,280 $13,480
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carlos A Parada

    Distinctive Properties of ATL.

    Section Image
  • ZANA DILLARD

    Buyer's Agent in 2013

    ZANA DILLARD

    Atlanta Fine Homes Sotheby's International Realty

    (770) 331-0478

    1 in this area

    115 Total Sales

    ZANA DILLARD
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 3972212

First Multiple Listing Service (FMLS)

APN: 17-0226-0007-072-4

Georgia Fulton County Atlanta 30318 Grove Park

983 Sims Ave NW, Atlanta, GA

This home is located at 983 Sims Ave NW, Atlanta, GA 30318 since 09 October 2009 and is currently estimated at $487,769, approximately $170 per square foot. This property was built in 2005. 983 Sims Ave NW is a home located in Fulton County with nearby schools including Frederick Douglass High School, KIPP Atlanta Collegiate, and Bright Futures Academy.

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