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1123 Jones Avenue Northwest

1123 Jones Avenue Northwest, Atlanta, GA 30318
Multifamily in Grove Park
Sold Jun 01, 2023
$450,000
$334,500 by Oaktree Funding
Mortgage Due May 01, 2053
Sold Feb 24, 2021
$380,000
$285,000 by Bay Equity
Mortgage Due Jan 01, 2051
1123 Jones Avenue Northwest 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 2008 and is 16 years old. The home has a total of 10 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1123 Jones Avenue Northwest has 2,600 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 7,841 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 average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The exterior walls of the building are made of wood. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1123 Jones Avenue Northwest was last sold in May 25, 2023 for $450,000. According to our calculations, that's $173.08 per sqft. Prior to that sales transaction, the property was sold for $380,000 in Feb 24, 2021. Current property owners are expected to pay $6,104 in taxes per year. The property on 1123 Jones Avenue Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $147,440. To break that down further, the land itself was valued at $51,600. While improvements to the property were assessed at a total of $95,840. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Brick Exterior
Vinyl Siding

Parking

Paved Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Duplex
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,600
  • Building Area: 2,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,600
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.18
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: AN SPLT FROM ORG UNIT 1-8, 602 AN IMPROVEMENT PICKED UP

Ownership

  • Current Owner : BUTLER ALLISON
  • Previous Owner : RESET RENOVATION PARTNERS LLC
  • Owner Before Previous Owner: LIFETIME FINANCIAL LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 008500

Zoning

  • Zoning: R4A

Geography

  • District: 05
  • Parcel: 17 022600020497
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7855
  • Longitude: -84.4518

    Address

  • Full Address: 1123 Jones Ave Nw
  • Legal Unit: 1
  • Address - House Number: 1123
  • Street Segment Direction: NW
  • Address - Street Name: Jones
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C030
  • 4-Digit Zip Code: 3919
  • Zip Code: 30318

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,104
  • Tax Rate Code Area: 05V

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 470,844
  • High Value: 570,660
  • Low Value: 371,027

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $334,500
  • First Open Lien Mortgage Lender: OAKTREE FUNDING
  • First Open Lien Mortgage Recording Date: Jun 01, 2023
  • First Open Lien Mortgage Loan Amount: $334,500
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $368,600
  • Market Land Value: $129,000
  • Market Improvement Value: $239,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,440
  • Assessed Land Value: $51,600
  • Assessed Improvements Value: $95,840

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Transaction ID: 11908403656
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023-016894
  • Previous Sale Recording Date: Feb 24, 2021
  • Previous Sale Contract Date: Feb 24, 2021
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OAKTREE FUNDING
  • First Mortgage Transaction Date: Jun 01, 2023
  • First Mortgage Loan Amount: $334,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BAY EQUITY
  • Previous Mortgage Transaction Date: Feb 24, 2021
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

About Northwest Atlanta



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Frequently Asked Questions

What neighborhood is 1123 Jones Avenue Northwest located in?
The 1123 Jones Avenue Northwest is a multifamily located in the neighborhood of Grove Park in Northwest Atlanta, Atlanta.
What is the average sales price for listings in 1123 Jones Avenue Northwest?
The average sales price for units in 1123 Jones Avenue Northwest is $0 currently.

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