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1873 Lomita Road

1873 Lomita Road, Atlanta, GA 30316
Property in East Lake
Sold Aug 27, 2021
$550,000
$440,000 by Ameris Bank
Mortgage Due Jan 01, 2051
Sold Sep 22, 2020
$170,000
$200,000 by Kaplan Marci
Mortgage Due Jan 01, 2021
1873 Lomita Road 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 1949 and is 75 years old. The home has a total of 4 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, 1873 Lomita Road has 2,104 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 2,070 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 13,068 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 mixed used garage for those who require parking. The garage measured 88 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. 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. 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, 1873 Lomita Road sold most recently in Aug 27, 2021 for a total of $550,000. If you work out the math, that's approximately a cost of $261.41 per sqft. Before that, the property was also sold for $170,000 in Sep 22, 2020. 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 $6,951 in taxes each year. 1873 Lomita Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,200. If we break it down further, the land itself was valued at $40,520. Improvements to the property, however, were assessed at a total of $180,680. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1949
  • Effective Year Built: 1949
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • 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: Mixed use
  • Garage Square Area: 88
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 2,070
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,104
  • Building Area: 2,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,104
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRY MILL RD
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WILLIAMS RICHARD
  • Current Owner 2: WILLIS RYAN ADAM
  • Previous Owner : CM CAPITAL LLC
  • Owner Before Previous Owner: KHALIFA KARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Parcel: 15 174 05 004
  • Municipality: UNINCORPORATED
  • Latitude: 33.7374
  • Longitude: -84.3209

    Address

  • Full Address: 1873 Lomita Rd Se
  • Address - House Number: 1873
  • Street Segment Direction: SE
  • Address - Street Name: Lomita
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C019
  • 4-Digit Zip Code: 2349
  • Zip Code: 30316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,951
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2203
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 676,817
  • High Value: 825,933
  • Low Value: 527,700

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Loan Amount: $440,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $553,000
  • Market Land Value: $101,300
  • Market Improvement Value: $451,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,200
  • Assessed Land Value: $40,520
  • Assessed Improvements Value: $180,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Transaction ID: 11855140338
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-023565
  • Previous Sale Recording Date: Sep 22, 2020
  • Previous Sale Contract Date: Sep 22, 2020
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Aug 27, 2021
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: KAPLAN MARCI
  • Previous Mortgage Transaction Date: Sep 22, 2020
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 2
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2021

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Frequently Asked Questions

What neighborhood is 1873 Lomita Road located in?
The 1873 Lomita Road is a located in the neighborhood of East Lake in Eastside, Atlanta.
What is the average sales price for listings in 1873 Lomita Road?
The average sales price for units in 1873 Lomita Road is $0 currently.

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