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1040 Longley Avenue Northwest

1040 Longley Avenue Northwest, Atlanta, GA 30318
Sold Jul 25, 2023
$700,000
$450,000 by Fairway Independent Mortgage
Mortgage Due Jul 01, 2053
Sold Mar 17, 2016
$242,000
$193,600 by Fidelity Bank
Mortgage Due Mar 17, 2046
Local assessors in Atlanta, GA have categorized 1040 Longley Avenue Northwest as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 11,021 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1040 Longley Avenue Northwest has a total of 1,176 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jul 21, 2023 for $700,000. That's $595.24 per sqft. Prior to that sales transaction, the property was also sold in Mar 17, 2016 for $242,000. 1040 Longley Avenue Northwest was last assessed in 2023. The total value of the property was assessed at $171,240. Specifically, the land the property is located on was valued at $67,480. While improvements on the property were assessed at a total of $103,760. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,089. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,021
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,176
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AN 05 ZONING CORR

Ownership

  • Current Owner : RAMBO TAYLOR
  • Current Owner 2: CORTELYOU GREGORY
  • Previous Owner : FLAIRE ANNE
  • Owner Before Previous Owner: BAXTER PHILIP M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 000700

Zoning

  • Zoning: R4A

Geography

  • District: 05
  • Parcel: 17 018900010790
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7834
  • Longitude: -84.4242

    Address

  • Full Address: 1040 Longley Ave Nw
  • Address - House Number: 1040
  • Street Segment Direction: NW
  • Address - Street Name: Longley
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C046
  • 4-Digit Zip Code: 5259
  • Zip Code: 30318

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,089
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 560,123
  • High Value: 674,627
  • Low Value: 445,620

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 25, 2023
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $428,100
  • Market Land Value: $168,700
  • Market Improvement Value: $259,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,240
  • Assessed Land Value: $67,480
  • Assessed Improvements Value: $103,760

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Transaction ID: 11913135506
  • Current Sale Price: $700,000
  • Current Sale Document Type: Limited Warranty Deed
  • Previous Sale Recording Date: Mar 17, 2016
  • Previous Sale Contract Date: Mar 17, 2016
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • First Mortgage Transaction Date: Jul 25, 2023
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY BANK
  • Previous Mortgage Transaction Date: Mar 21, 2016
  • Previous Mortgage Loan Amount: $193,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 17, 2046

About Northwest Atlanta



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Frequently Asked Questions

What neighborhood is 1040 Longley Avenue Northwest located in?
The 1040 Longley Avenue Northwest is a located in the neighborhood of Knight Park - Howell Station in Northwest Atlanta, Atlanta.
What is the average sales price for listings in 1040 Longley Avenue Northwest?
The average sales price for units in 1040 Longley Avenue Northwest is $0 currently.

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