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1042 McLynn Avenue Northeast

1042 McLynn Avenue Northeast, Atlanta, GA 30306
Sold Jun 06, 2014
$600,000
$200,000 by Triumph Mortgage
Mortgage Due Jun 06, 2044
Sold Jun 23, 1998
$327,500
$262,000 by Cardinal Mtg
Mortgage
1042 McLynn Avenue Northeast has been categorized by the local assessors in Atlanta, GA as a residential type of property. The building on the property was first built in 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1042 McLynn Avenue Northeast has 1,640 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,021 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of rock and stone. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, the home is utilizing gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jun 6, 2014 for $600,000. That's $365.85 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 1998 for $327,500. 1042 McLynn Avenue Northeast was last assessed in 2023. The total value of the property was assessed at $322,360. Specifically, the land the property is located on was valued at $104,320. While improvements on the property were assessed at a total of $218,040. 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 $13,346. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1945
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Excellent
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Duplex
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,021
  • Total Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,640
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.253
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ID KITCHEN REMO COMP AN REMEAS 1001

Ownership

  • Current Owner : SMITH ANNA MARY
  • Current Owner 2: SMITH MARK ALAN
  • Previous Owner : MACHT ELLEN
  • Owner Before Previous Owner: HAMBLIN GREGORY K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 000100

Zoning

  • Zoning: R4

Geography

  • District: 05
  • Parcel: 17 000200110611
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7889
  • Longitude: -84.353

    Address

  • Full Address: 1042 Mclynn Ave Ne
  • Address - House Number: 1042
  • Street Segment Direction: NE
  • Address - Street Name: Mclynn
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C021
  • 4-Digit Zip Code: 3345
  • Zip Code: 30306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,346
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,095,138
  • High Value: 1,294,386
  • Low Value: 895,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: TRIUMPH MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 06, 2014
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Jun 06, 2044

    Market Valuation

  • Market Total Value: $805,900
  • Market Land Value: $260,800
  • Market Improvement Value: $545,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,360
  • Assessed Land Value: $104,320
  • Assessed Improvements Value: $218,040

    Sales

  • Current Sale Contract Date: Jun 06, 2014
  • Current Sale Recording Date: Jun 06, 2014
  • Current Sale Transaction ID: 1087692143
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-018354
  • Previous Sale Recording Date: Jun 23, 1998
  • Previous Sale Contract Date: Apr 28, 1998
  • Previous Sale Amount: $327,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIUMPH MORTGAGE
  • First Mortgage Transaction Date: Jun 17, 2014
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL MTG
  • Previous Mortgage Transaction Date: Jun 23, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $262,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Northeast Atlanta



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Frequently Asked Questions

What neighborhood is 1042 McLynn Avenue Northeast located in?
The 1042 McLynn Avenue Northeast is a located in the neighborhood of Morningside - Lenox Park in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 1042 McLynn Avenue Northeast?
The average sales price for units in 1042 McLynn Avenue Northeast is $0 currently.

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