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1401 McClelland Avenue

1401 McClelland Avenue, Atlanta, GA 30344
Property in Colonial Hills
Sold Apr 17, 2023
$220,000
$221,000 by Commercial Lender
Mortgage Due Apr 01, 2024
Sold Nov 17, 2021
$110,000
$171,000 by Perfecto Capital
Mortgage Due Jan 01, 2023
1401 McClelland Avenue 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 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 1401 McClelland Avenue has 1,247 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,011 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 fair. 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 alum/vinyl siding. 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, 1401 McClelland Avenue was last sold in Apr 14, 2023 for $220,000. According to our calculations, that's $176.42 per sqft. Prior to that sales transaction, the property was sold for $110,000 in Nov 17, 2021. Current property owners are expected to pay $2,304 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1401 McClelland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $81,640. To break that down further, the land itself was valued at $35,160. While improvements to the property were assessed at a total of $46,480. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1940
  • Effective Year Built: 1975
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,247
  • Building Area: 1,247
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,247
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 23CB CHK CONDITION

Ownership

  • Current Owner : BLP PROPERTY MANAGEMENT LLC
  • Previous Owner : F I R E FREEDOM LLC
  • Owner Before Previous Owner: HEISLER JOHN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 011204

Zoning

  • Zoning: R1

Geography

  • District: 20
  • Parcel: 14 013500020247
  • Municipality: CITY OF EAST POINT
  • Latitude: 33.6988
  • Longitude: -84.4347

    Address

  • Full Address: 1401 Mcclelland Ave
  • Address - House Number: 1401
  • Address - Street Name: Mcclelland
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C009
  • 4-Digit Zip Code: 1610
  • Zip Code: 30344

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,304
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 361,095
  • High Value: 393,300
  • Low Value: 328,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $221,000
  • First Open Lien Mortgage Lender: COMMERCIAL LENDER
  • First Open Lien Mortgage Recording Date: Apr 17, 2023
  • First Open Lien Mortgage Loan Amount: $221,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Mortgage Modification
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2024

    Market Valuation

  • Market Total Value: $204,100
  • Market Land Value: $87,900
  • Market Improvement Value: $116,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,640
  • Assessed Land Value: $35,160
  • Assessed Improvements Value: $46,480

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Transaction ID: 11906142500
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023-010781
  • Previous Sale Recording Date: Nov 17, 2021
  • Previous Sale Contract Date: Nov 17, 2021
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL LENDER
  • First Mortgage Transaction Date: Apr 17, 2023
  • First Mortgage Loan Amount: $221,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Mortgage Modification
  • First Mortgage Loan Due Date: Apr 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: PERFECTO CAPITAL
  • Previous Mortgage Transaction Date: Nov 17, 2021
  • Previous Mortgage Loan Amount: $171,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2023

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Frequently Asked Questions

What neighborhood is 1401 McClelland Avenue located in?
The 1401 McClelland Avenue is a located in the neighborhood of Colonial Hills in Colonial Hills, Atlanta.
What is the average sales price for listings in 1401 McClelland Avenue?
The average sales price for units in 1401 McClelland Avenue is $0 currently.

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