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1302 Spencer Avenue

1302 Spencer Avenue, Atlanta, GA 30344
Property in Jefferson Park
Sold Jul 28, 2021
$375,000
$262,500 by Us Mortgage
Mortgage Due Jan 01, 2051
Sold Mar 07, 2016
$182,000
1302 Spencer Avenue in Atlanta, GA was first built in 1934 and is 90 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1302 Spencer Avenue has 2,884 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,244 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of rock and stone. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 28, 2021 for $375,000. That's $130.03 per sqft. Prior to that sales transaction, the property was also sold in Mar 7, 2016 for $182,000. 1302 Spencer Avenue was last assessed in 2023. The total value of the property was assessed at $175,040. Specifically, the land the property is located on was valued at $52,640. While improvements on the property were assessed at a total of $122,400. 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 $4,941. 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: 1934
  • Effective Year Built: 2015
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,244
  • Total Building Area: 2,884
  • Building Area: 2,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,884
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.327
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AN NO CHANGES TO PROPERTY AN REPAIRS COMP DATA VERIFIED

Ownership

  • Current Owner : MCGAHEY ERIN E
  • Previous Owner : GILBERT DENISE
  • Owner Before Previous Owner: VILLEGAS CHARERA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 011100

Zoning

  • Zoning: R1

Geography

  • District: 20
  • Parcel: 14 013300090036
  • Municipality: CITY OF EAST POINT
  • Latitude: 33.6859
  • Longitude: -84.4314

    Address

  • Full Address: 1302 Spencer Ave
  • Address - House Number: 1302
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C027
  • 4-Digit Zip Code: 2704
  • Zip Code: 30344

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,941
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2014
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 468,212
  • High Value: 562,545
  • Low Value: 373,879

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,500
  • First Open Lien Mortgage Lender: US MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Loan Amount: $262,500
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $437,600
  • Market Land Value: $131,600
  • Market Improvement Value: $306,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,040
  • Assessed Land Value: $52,640
  • Assessed Improvements Value: $122,400

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11846351089
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-036487
  • Previous Sale Recording Date: Mar 07, 2016
  • Previous Sale Contract Date: Mar 07, 2016
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US MORTGAGE
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $262,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Jefferson Park



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Frequently Asked Questions

What neighborhood is 1302 Spencer Avenue located in?
The 1302 Spencer Avenue is a located in the neighborhood of Jefferson Park in Jefferson Park, Atlanta.
What is the average sales price for listings in 1302 Spencer Avenue?
The average sales price for units in 1302 Spencer Avenue is $0 currently.

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