$237,000
SOLD SEP 19, 2014

185 Pearl St SE Atlanta, GA 30316

Cabbagetown Neighborhood
3 Beds
2 Baths
1,514 Sq Ft
0.33 Acres

Recently Sold

$157 Per Sq Ft

5% Below List Price

42 Days on Market

Highlights

  • Fitness Center
  • Property is near public transit
  • Restaurant
  • 0.33 Acre Lot
  • Community Playground
  • 3-minute walk to Cabbagetown Park

About This Home

As of September 2020

Fully leased duplex: right side 2/1 plus 3rd bonus room, large living room, and small office option. Left side 1/1 with separate living and mudroom with yard access. Both units have updated kitchens & baths, original fireplaces, heart pine floors in some rooms + W/D in each unit. Massive storage shed on 150' deep lot w/expansion potential. Solid investment any way you cut it: keep it fully rented, occupy one side and rent out the other, or easy conversion to single family. Fantastic location, as close to BeltLine as Cabbagetown gets!

Last Agent to Sell the Property

Chrissie Kallio

Atlanta Fine Homes Sotheby's International License #282722 Listed on: 06/12/2014

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Pam Ahern

Keller Wms Re Atl Midtown License #204442

Keller Wms Re Atl Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Duplex
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 185PearlSTSE

Community Details

Overview

  • 2 Units
  • Cabbagetown Subdivision

Amenities

  • Restaurant

Recreation

  • Community Playground
  • Fitness Center

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,770

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1920
  • Special Features: None

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Features: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Community Features: Fitness Center, Near Marta, Near Schools, Near Shopping, Playground, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Cabbagetown

Schools

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

Lot Info

  • Acres: 0.3300
  • Lot: 102
  • Land/Lot: 0020
  • Plat Book: 34069
  • Plat Page: 422
  • Lot Features: Level
  • Lot Dimensions: 50 x 150
  • Parcel Number: 185PearlSTSE
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1770.00
  • Assessor Parcel Number: 14-0020-0008-086
  • Close Date: 2014-09-19
  • Tax Year: 2012

MLS Schools

  • 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
Apr 8, 2020
Closed on
Sep 25, 2020
Sold by
Shamsabadi Akram
Bought by
Krueger Amy and Alacron Nicholas
Seller's Agent
Michelle Mechem
Roost Realty, Inc.
Buyer's Agent
Tom Anderson
Keller Williams Realty Intown ATL
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Current Estimated Value
$659,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,202
Avg. Annual Appreciation
7.04%
Original Mortgage
$318,500
Outstanding Balance
$284,566
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$391,749

Purchase Details

Listed on
Jun 12, 2014
Closed on
Sep 19, 2014
Sold by
Lenard Annelore
Bought by
Shamsabadi Akram
Seller's Agent
Chrissie Kallio
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Pam Ahern
Keller Wms Re Atl Midtown
List Price
$249,000
Sold Price
$237,000
Premium/Discount to List
-$12,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%
Original Mortgage
$189,600
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Sanders Deene
Bought by
21St Century Ents Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.69%

Purchase Details

Closed on
Jan 4, 2005
Sold by
Lenard Annelore
Bought by
Sanders Deene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.69%

Purchase Details

Closed on
Jan 16, 2003
Sold by
Prudential Residential Svcs Lp
Bought by
Lenard Annelore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.88%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $485,000 --
Warranty Deed $237,000 --
Deed -- --
Deed $84,000 --
Deed $215,000 --
Deed $134,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,500 New Conventional
Previous Owner $64,900 New Conventional
Previous Owner $196,377 FHA
Previous Owner $189,600 New Conventional
Previous Owner $300,000 No Value Available
Previous Owner $2,000,000 Stand Alone Second
Previous Owner $22,000 Stand Alone Second
Previous Owner $172,000 New Conventional
Previous Owner $84,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $485,000 -1.0% $320 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $490,000 -2.0% $324 / Sq Ft
08/07/2020 08/07/20 For Sale $500,000 0.0% $330 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $500,000 +3.1% $330 / Sq Ft
07/05/2020 07/05/20 Off Market $485,000 -- --
05/06/2020 05/06/20 Price Changed $500,000 -2.9% $330 / Sq Ft
04/08/2020 04/08/20 For Sale $515,000 +117.3% $340 / Sq Ft
09/19/2014 09/19/14 Sold $237,000 -4.8% $157 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $249,000 -- $164 / 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 $6,321 $181,240 $78,080 $103,160
2023 $8,204 $198,160 $78,080 $120,080
2022 $6,783 $167,600 $70,440 $97,160
2021 $6,593 $162,760 $68,400 $94,360
2020 $4,303 $105,040 $67,560 $37,480
2019 $485 $103,160 $66,360 $36,800
2018 $4,264 $103,000 $68,240 $34,760
2017 $1,861 $43,080 $17,520 $25,560
2016 $1,865 $43,080 $17,520 $25,560
2015 $2,338 $43,080 $17,520 $25,560
2014 $1,953 $43,080 $17,520 $25,560
Source: Public Records

Agents Affiliated with this Home

  • Michelle Mechem

    Seller's Agent in 2020

    Michelle Mechem

    Roost Realty, Inc.

    (912) 200-8338

    1 in this area

    40 Total Sales

    Section Image
  • Pam Ahern

    Seller Co-Listing Agent in 2020

    Pam Ahern

    Keller Wms Re Atl Midtown

    (404) 604-3100

    1 in this area

    67 Total Sales

    Section Image
  • Tom Anderson

    Buyer's Agent in 2020

    Tom Anderson

    Keller Williams Realty Intown ATL

    (404) 277-9581

    1 in this area

    163 Total Sales

    Section Image
  • Chrissie Kallio

    Seller's Agent in 2014

    Chrissie Kallio

    Atlanta Fine Homes Sotheby's International Realty

    (404) 295-2068

    5 in this area

    137 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5304057

First Multiple Listing Service (FMLS)

APN: 14-0020-0008-086-8

Georgia Fulton County Atlanta 30316 Cabbagetown

185 Pearl St SE, Atlanta, GA

This home is located at 185 Pearl St SE, Atlanta, GA 30316 and is currently priced at $237,000, approximately $156 per square foot. This property was built in 1920. 185 Pearl St SE is a home located in Fulton County with nearby schools including Parkside Elementary School, King Middle School, and Maynard Holbrook Jackson High School.

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