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1564 McPherson Avenue

1564 McPherson Avenue, Atlanta, GA 30316
Property in East Atlanta
Sold Aug 07, 2015
$200,000
$207,000 by Waterstone Mortgage
Mortgage Due Jan 01, 2045
Sold May 13, 2014
$185,000
$175,750 by Banksouth Mortgage
Mortgage
Local assessors in Atlanta, GA have categorized 1564 McPherson Avenue as a residential type of property. The home was built in 1948 and is 76 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 940 ft and the front of the lot was measured at 580 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, 2 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 is one full bathroom. There is also a partial bathroom. 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 1564 McPherson Avenue has a total of 896 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. 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 style roof. Lots of wood were used in the construction of the exterior walls of the home. 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. 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, 1564 McPherson Avenue sold most recently in Jan 1, 1970 for a total of $200,000. If you work out the math, that's approximately a cost of $223.21 per sqft. Before that, the property was also sold for $185,000 in May 13, 2014. 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 $2,574 in taxes each year. 1564 McPherson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $143,440. If we break it down further, the land itself was valued at $65,240. Improvements to the property, however, were assessed at a total of $78,200. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1948
  • Effective Year Built: 1948
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 580
  • Total Building Area: 896
  • Building Area: 896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 896
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELYEU W S SR ESTATE
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRASER PATRICK R
  • Previous Owner : TSENG VANESSA
  • Owner Before Previous Owner: GUNTER BRANDON P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Parcel: 15 178 04 094
  • Municipality: ATLANTA
  • Latitude: 33.7442
  • Longitude: -84.3365

    Address

  • Full Address: 1564 Mcpherson Ave Se
  • Address - House Number: 1564
  • Street Segment Direction: SE
  • Address - Street Name: Mcpherson
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C024
  • 4-Digit Zip Code: 1750
  • Zip Code: 30316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,574
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 419,436
  • High Value: 505,704
  • Low Value: 333,169

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $363,185
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Loan Amount: $207,000
  • First Open Lien Mortgage Term: 293
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045
  • Second Open Lien Mortgage Lender: GEORGIA UNITED CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 17, 2023
  • Second Open Lien Mortgage Loan Amount: $156,185
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $358,600
  • Market Land Value: $163,100
  • Market Improvement Value: $195,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,440
  • Assessed Land Value: $65,240
  • Assessed Improvements Value: $78,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Aug 07, 2015
  • Current Sale Transaction ID: 1265085134
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-016958
  • Previous Sale Recording Date: May 13, 2014
  • Previous Sale Contract Date: May 13, 2014
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILVERTON MORTGAGE SPECIALISTS
  • First Mortgage Transaction Date: Aug 10, 2015
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BANKSOUTH MORTGAGE
  • Previous Mortgage Transaction Date: May 13, 2014
  • Previous Mortgage Loan Amount: $175,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Eastside



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Frequently Asked Questions

What neighborhood is 1564 McPherson Avenue located in?
The 1564 McPherson Avenue is a located in the neighborhood of East Atlanta in Eastside, Atlanta.
What is the average sales price for listings in 1564 McPherson Avenue?
The average sales price for units in 1564 McPherson Avenue is $0 currently.

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