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1244 Atlantic Drive

1244 Atlantic Drive, Atlanta, GA 30318
Property in Home Park
Sold Jan 09, 2023
$510,000
Sold Aug 06, 2021
$450,000
$539,000 by Housemax Funding Fund I
Mortgage Due Jan 01, 2022
Local assessors in Atlanta, GA have categorized 1244 Atlantic Drive as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 6,795 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 is one full bathroom. There is also a partial bathroom. 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 1244 Atlantic Drive has a total of 1,238 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 block 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. 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, 1244 Atlantic Drive was last sold in Jan 6, 2023 for $510,000. According to our calculations, that's $411.95 per sqft. Prior to that sales transaction, the property was sold for $450,000 in Aug 6, 2021. Current property owners are expected to pay $5,195 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1244 Atlantic Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $125,480. To break that down further, the land itself was valued at $60,600. While improvements to the property were assessed at a total of $64,880. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C-
  • Building Style: Conventional
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,795
  • Total Building Area: 1,238
  • Building Area: 1,238
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,238
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ATLANTIC STATION COLIVING LLC
  • Previous Owner : PRIMALOGIST LLC
  • Owner Before Previous Owner: TATUM CHRISTOPHER B
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 000501

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 17 014800050119
  • Block: D
  • Lot: 18
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7888
  • Longitude: -84.3979

    Address

  • Full Address: 1244 Atlantic Dr Nw
  • Address - House Number: 1244
  • Street Segment Direction: NW
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C020
  • 4-Digit Zip Code: 5356
  • Zip Code: 30318

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,195
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2201
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 497,385
  • High Value: 606,885
  • Low Value: 387,884

    Market Valuation

  • Market Total Value: $313,700
  • Market Land Value: $151,500
  • Market Improvement Value: $162,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,480
  • Assessed Land Value: $60,600
  • Assessed Improvements Value: $64,880

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Jan 09, 2023
  • Current Sale Transaction ID: 11900862249
  • Current Sale Price: $510,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023-000605
  • Previous Sale Recording Date: Aug 06, 2021
  • Previous Sale Contract Date: Aug 06, 2021
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOUSEMAX FUNDING FUND I
  • Previous Mortgage Transaction Date: Aug 06, 2021
  • Previous Mortgage Loan Amount: $539,000
  • Previous Mortgage Term: 4
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2022

About Northeast Atlanta



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$6,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,250 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1244 Atlantic Drive located in?
The 1244 Atlantic Drive is a located in the neighborhood of Home Park in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 1244 Atlantic Drive?
The average sales price for units in 1244 Atlantic Drive is $0 currently.

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