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1475 McPherson Avenue

1475 McPherson Avenue, Atlanta, GA 30316
Property in East Atlanta
Sold Oct 06, 2023
$740,000
$629,000 by United Wholesale
Mortgage Due Oct 01, 2053
Sold Jul 21, 2017
$530,000
$424,000 by Brand Mortgage
Mortgage Due Aug 01, 2047
Local assessors in Atlanta, GA have categorized 1475 McPherson Avenue as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 4,356 square feet. The linear feet between the front and back of the lot was measured at 1,000 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 traditional 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, 4 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1475 McPherson Avenue has a total of 2,680 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 carport for those who need a place to park their vehicle. The garage on the property is 188 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B-. 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, 1475 McPherson Avenue sold most recently in Oct 6, 2023 for a total of $740,000. If you work out the math, that's approximately a cost of $276.12 per sqft. Before that, the property was also sold for $530,000 in Jul 21, 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 $7,761 in taxes each year. 1475 McPherson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $308,360. If we break it down further, the land itself was valued at $77,240. Improvements to the property, however, were assessed at a total of $231,120. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 188
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,680
  • Building Area: 2,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,680
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONUMENT HEIGHTS SUB
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RIVERS GLENN
  • Current Owner 2: RIVERS SHAKYRA
  • Previous Owner : PATEL JILL
  • Owner Before Previous Owner: SOVAIDI MOON NEGIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Parcel: 15 178 04 105
  • Municipality: ATLANTA
  • Latitude: 33.7439
  • Longitude: -84.3394

    Address

  • Full Address: 1475 Mcpherson Ave Se
  • Address - House Number: 1475
  • Street Segment Direction: SE
  • Address - Street Name: Mcpherson
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C024
  • 4-Digit Zip Code: 1661
  • Zip Code: 30316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,761
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 802,317
  • High Value: 959,669
  • Low Value: 644,965

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $629,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE
  • First Open Lien Mortgage Recording Date: Oct 06, 2023
  • First Open Lien Mortgage Loan Amount: $629,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $770,900
  • Market Land Value: $193,100
  • Market Improvement Value: $577,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,360
  • Assessed Land Value: $77,240
  • Assessed Improvements Value: $231,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 06, 2023
  • Current Sale Transaction ID: 11920081873
  • Current Sale Price: $740,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 21, 2017
  • Previous Sale Contract Date: Jul 21, 2017
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE
  • First Mortgage Transaction Date: Oct 06, 2023
  • First Mortgage Loan Amount: $629,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BRAND MORTGAGE
  • Previous Mortgage Transaction Date: Jul 21, 2017
  • Previous Mortgage Loan Amount: $424,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

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Frequently Asked Questions

What neighborhood is 1475 McPherson Avenue located in?
The 1475 McPherson Avenue is a located in the neighborhood of East Atlanta in Eastside, Atlanta.
What is the average sales price for listings in 1475 McPherson Avenue?
The average sales price for units in 1475 McPherson Avenue is $0 currently.

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