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1562 Lincoln Avenue

1562 Lincoln Avenue, Atlanta, GA 30317
Property in East Lake
Sold Aug 18, 2020
$250,000
$200,000 by First Federal Bank
Mortgage Due Jan 01, 2050
Sold Jul 02, 2020
$190,000
$200,000 by Kaplan Marci
Mortgage Due Jan 01, 2021
1562 Lincoln 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 1945 and is 79 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1562 Lincoln Avenue has 672 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 4,356 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 building has a gable or hip style roof. The exterior walls of the building are made of wood. While the interior walls have been made of plaster. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. 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, 1562 Lincoln Avenue was last sold in Aug 18, 2020 for $250,000. According to our calculations, that's $372.02 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Jul 2, 2020. Current property owners are expected to pay $2,503 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1562 Lincoln Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $101,200. To break that down further, the land itself was valued at $58,600. While improvements to the property were assessed at a total of $42,600. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1945
  • Effective Year Built: 1945
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • 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: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 450
  • Total Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 672
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FS HALL
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIBERMAN ARIEL JACK
  • Previous Owner : CM CAPITAL LLC
  • Owner Before Previous Owner: RENAULT GILLIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeKalb County School District
  • Census Tract: 023701

Zoning

  • Zoning: R75

Geography

  • Parcel: 15 179 09 018
  • Municipality: UNINCORPORATED
  • Latitude: 33.7458
  • Longitude: -84.3261

    Address

  • Full Address: 1562 Lincoln Ave Se
  • Address - House Number: 1562
  • Street Segment Direction: SE
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C014
  • 4-Digit Zip Code: 2311
  • Zip Code: 30317

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,503
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 339,691
  • High Value: 405,950
  • Low Value: 273,431

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Aug 18, 2020
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $253,000
  • Market Land Value: $146,500
  • Market Improvement Value: $106,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,200
  • Assessed Land Value: $58,600
  • Assessed Improvements Value: $42,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 18, 2020
  • Current Sale Transaction ID: 11784553169
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-016875
  • Previous Sale Recording Date: Jul 02, 2020
  • Previous Sale Contract Date: Jul 02, 2020
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK
  • First Mortgage Transaction Date: Aug 18, 2020
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: KAPLAN MARCI
  • Previous Mortgage Transaction Date: Jul 02, 2020
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2021

About Eastside



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Frequently Asked Questions

What neighborhood is 1562 Lincoln Avenue located in?
The 1562 Lincoln Avenue is a located in the neighborhood of East Lake in Eastside, Atlanta.
What is the average sales price for listings in 1562 Lincoln Avenue?
The average sales price for units in 1562 Lincoln Avenue is $0 currently.

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