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1278 Lockwood Drive Southwest

1278 Lockwood Drive Southwest, Atlanta, GA 30311
Sold Jan 14, 2019
$152,000
$114,000 by Contour Mortgage
Mortgage Due Jan 01, 2049
Sold Jun 12, 2008
$18,400
1278 Lockwood Drive Southwest 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 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 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, 1278 Lockwood Drive Southwest has 945 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 875 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,449 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 good. 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 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, 1278 Lockwood Drive Southwest was last sold in Jan 14, 2019 for $152,000. According to our calculations, that's $160.85 per sqft. Prior to that sales transaction, the property was sold for $18,400 in Jun 5, 2008. Current property owners are expected to pay $4,922 in taxes per year. The property on 1278 Lockwood Drive Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $120,200. To break that down further, the land itself was valued at $59,000. While improvements to the property were assessed at a total of $61,200. 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. 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. 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: 1960
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Full basement
  • Basement Area: 875
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,449
  • Total Building Area: 945
  • Building Area: 945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 945
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOW BROOK ESTATES
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UPDATED REC, PU ADD 719

Ownership

  • Current Owner : MATOS BRUNO
  • Previous Owner : SMITH HAROLD GERALD
  • Owner Before Previous Owner: US BANK NA
  • Vacant Flag Date: Aug 08, 2023

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 008000

Zoning

  • Zoning: R4

Geography

  • Account Number: 1398703
  • District: 05
  • Parcel: 14 015200040276
  • Block: B
  • Lot: 14
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7203
  • Longitude: -84.4384

    Address

  • Full Address: 1278 Lockwood Dr Sw
  • Address - House Number: 1278
  • Street Segment Direction: SW
  • Address - Street Name: Lockwood
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C029
  • 4-Digit Zip Code: 3530
  • Zip Code: 30311

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,922
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 165,697
  • High Value: 241,614
  • Low Value: 89,779

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,000
  • First Open Lien Mortgage Lender: CONTOUR MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 14, 2019
  • First Open Lien Mortgage Loan Amount: $114,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $300,500
  • Market Land Value: $147,500
  • Market Improvement Value: $153,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,200
  • Assessed Land Value: $59,000
  • Assessed Improvements Value: $61,200

    Sales

  • Current Sale Contract Date: Jan 14, 2019
  • Current Sale Recording Date: Jan 14, 2019
  • Current Sale Transaction ID: 11562658949
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-001348
  • Previous Sale Recording Date: Jun 12, 2008
  • Previous Sale Contract Date: Jun 05, 2008
  • Previous Sale Amount: $18,400
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONTOUR MORTGAGE
  • First Mortgage Transaction Date: Jan 14, 2019
  • First Mortgage Loan Amount: $114,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

About Intown South



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Frequently Asked Questions

What neighborhood is 1278 Lockwood Drive Southwest located in?
The 1278 Lockwood Drive Southwest is a house located in the neighborhood of Venetian Hills in Intown South, Atlanta.
What is the average sales price for listings in 1278 Lockwood Drive Southwest?
The average sales price for units in 1278 Lockwood Drive Southwest is $159,000 , or $87/sqft. currently.

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