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116 Meadow Park Lane Southwest

116 Meadow Park Lane Southwest, Atlanta, GA 30315
Property in Browns Mill Park
Sold Apr 23, 2021
$145,500
$109,000 by Truist Bank
Mortgage Due Jan 01, 2051
Sold Mar 14, 2017
$45,500
Buyer
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Local assessors in Atlanta, GA have categorized 116 Meadow Park Lane Southwest as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 16,640 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. 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 116 Meadow Park Lane Southwest has a total of 1,150 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 200 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. 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 rock and stone 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 central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 116 Meadow Park Lane Southwest sold most recently in Apr 23, 2021 for a total of $145,500. If you work out the math, that's approximately a cost of $126.52 per sqft. Before that, the property was also sold for $45,500 in Mar 14, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,383 in taxes each year. 116 Meadow Park Lane Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $99,760. If we break it down further, the land itself was valued at $30,320. Improvements to the property, however, were assessed at a total of $69,440. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,640
  • Total Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,150
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEADOWPARK
  • Land Acres: 0.382
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NG ZI YEN
  • Previous Owner : IRBY CHARLES BRIAN
  • Owner Before Previous Owner: HUSBANDS FRANK
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 007001

Zoning

  • Zoning: R4

Geography

  • Account Number: 1064279
  • District: 05
  • Parcel: 14 006900030097
  • Lot: 7
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.6888
  • Longitude: -84.3924

    Address

  • Full Address: 116 Meadow Park Ln Sw
  • Address - House Number: 116
  • Street Segment Direction: SW
  • Address - Street Name: Meadow Park
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C014
  • 4-Digit Zip Code: 7306
  • Zip Code: 30315

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,383
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2451
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 226,663
  • High Value: 282,222
  • Low Value: 171,105

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $109,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $109,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $249,400
  • Market Land Value: $75,800
  • Market Improvement Value: $173,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,760
  • Assessed Land Value: $30,320
  • Assessed Improvements Value: $69,440

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Transaction ID: 11834093917
  • Current Sale Price: $145,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-018428
  • Previous Sale Recording Date: Mar 14, 2017
  • Previous Sale Contract Date: Mar 14, 2017
  • Previous Sale Amount: $45,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Apr 23, 2021
  • First Mortgage Loan Amount: $109,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Southside



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Frequently Asked Questions

What neighborhood is 116 Meadow Park Lane Southwest located in?
The 116 Meadow Park Lane Southwest is a located in the neighborhood of Browns Mill Park in Southside, Atlanta.
What is the average sales price for listings in 116 Meadow Park Lane Southwest?
The average sales price for units in 116 Meadow Park Lane Southwest is $0 currently.

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