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176 Electric Avenue Northwest

176 Electric Avenue Northwest, Atlanta, GA 30314
Property in Vine City
Sold May 27, 2021
$250,000
$228,750 by Northpointe Bank
Mortgage Due Jan 01, 2052
Sold May 25, 2021
$549,000
Local assessors in Atlanta, GA have categorized 176 Electric Avenue Northwest as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 2,657 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 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 176 Electric Avenue Northwest has a total of 1,176 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. The home sources its water from a municipal system. 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. 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 - D+. 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 has been utilizing gas for fuel. 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, 176 Electric Avenue Northwest sold most recently in May 27, 2021 for a total of $250,000. If you work out the math, that's approximately a cost of $212.59 per sqft. Before that, the property was also sold for $549,000 in May 25, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,534 in taxes each year. The initial year of tax delinquency occurred in 2021. 176 Electric Avenue Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,520. If we break it down further, the land itself was valued at $48,160. Improvements to the property, however, were assessed at a total of $61,360. 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: 1920
  • Effective Year Built: 1985
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: D+
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,657
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,176
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AN PICKED UP ADD
  • Land Acres: 0.061
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AN PICKED UP ADD RENOV 0306

Ownership

  • Current Owner : CEPHERS DALE
  • Previous Owner : EQUITY INTERNATIONAL LLC
  • Owner Before Previous Owner: SEVEN PROPERTIES LC

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 002600

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 008300042375
  • Lot: A
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7595
  • Longitude: -84.4045

    Address

  • Full Address: 176 Electric Ave Nw
  • Address - House Number: 176
  • Street Segment Direction: NW
  • Address - Street Name: Electric
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C019
  • 4-Digit Zip Code: 4643
  • Zip Code: 30314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,534
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05Z

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 335,404
  • High Value: 410,454
  • Low Value: 260,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,750
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $228,750
  • 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, 2052

    Market Valuation

  • Market Total Value: $273,800
  • Market Land Value: $120,400
  • Market Improvement Value: $153,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,520
  • Assessed Land Value: $48,160
  • Assessed Improvements Value: $61,360

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11840868807
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-026362
  • Previous Sale Recording Date: May 25, 2021
  • Previous Sale Contract Date: May 25, 2021
  • Previous Sale Amount: $549,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY INTERNATIONAL
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $223,000
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2021

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Frequently Asked Questions

What neighborhood is 176 Electric Avenue Northwest located in?
The 176 Electric Avenue Northwest is a located in the neighborhood of Vine City in Westside, Atlanta.
What is the average sales price for listings in 176 Electric Avenue Northwest?
The average sales price for units in 176 Electric Avenue Northwest is $0 currently.

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