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1311 Memorial Drive Southeast

1311 Memorial Drive Southeast, Atlanta, GA 30317
House in Edgewood
Sold Jul 12, 2019
$265,000
$159,000 by Bay Equity
Mortgage Due Jan 01, 2049
Sold Sep 05, 2017
$196,000
Local assessors in Atlanta, GA have categorized 1311 Memorial Drive Southeast as a residential type of property. The home was built in 1935 and is 89 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 500 ft. 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 are 2 full bathrooms. 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 1311 Memorial Drive Southeast has a total of 1,080 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. 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 mixed used garage for those who need a place to park their vehicle. The garage on the property is 77 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 frame 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. The building has a gable or hip style roof. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1311 Memorial Drive Southeast sold most recently in Jul 12, 2019 for a total of $265,000. If you work out the math, that's approximately a cost of $245.37 per sqft. Before that, the property was also sold for $196,000 in Sep 5, 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 $7,405 in taxes each year. 1311 Memorial Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $161,680. If we break it down further, the land itself was valued at $43,600. Improvements to the property, however, were assessed at a total of $118,080. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 77
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRED KOCH HOME PLACE SUB
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PALOMO ROSA
  • Previous Owner : NAJARIAN CAPITAL LLC
  • Owner Before Previous Owner: WHITE JOHN

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 020901

Zoning

  • Zoning: X

Geography

  • Parcel: 15 177 04 034
  • Municipality: ATLANTA
  • Latitude: 33.7474
  • Longitude: -84.3447

    Address

  • Full Address: 1311 Memorial Dr Se
  • Address - House Number: 1311
  • Street Segment Direction: SE
  • Address - Street Name: Memorial
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C014
  • 4-Digit Zip Code: 1713
  • Zip Code: 30317

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,405
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 415,821
  • High Value: 503,085
  • Low Value: 328,557

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $318,000
  • First Open Lien Mortgage Lender: BAY EQUITY
  • First Open Lien Mortgage Recording Date: Jul 12, 2019
  • First Open Lien Mortgage Loan Amount: $159,000
  • 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
  • Second Open Lien Mortgage Lender: BAY EQUITY
  • Second Open Lien Mortgage Recording Date: Jul 12, 2019
  • Second Open Lien Mortgage Loan Amount: $159,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $404,200
  • Market Land Value: $109,000
  • Market Improvement Value: $295,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,680
  • Assessed Land Value: $43,600
  • Assessed Improvements Value: $118,080

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 12, 2019
  • Current Sale Transaction ID: 11635417700
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-015285
  • Previous Sale Recording Date: Sep 05, 2017
  • Previous Sale Contract Date: Sep 05, 2017
  • Previous Sale Amount: $196,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY
  • First Mortgage Transaction Date: Jul 12, 2019
  • First Mortgage Loan Amount: $159,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049
  • Second Mortgage Lender: BAY EQUITY
  • Second Mortgage Transaction Date: Jul 12, 2019
  • Second Mortgage Loan Amount: $159,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Jan 01, 2049

About Eastside



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Frequently Asked Questions

What neighborhood is 1311 Memorial Drive Southeast located in?
The 1311 Memorial Drive Southeast is a house located in the neighborhood of Edgewood in Eastside, Atlanta.
What is the average sales price for listings in 1311 Memorial Drive Southeast?
The average sales price for units in 1311 Memorial Drive Southeast is $0 currently.

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