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1940 Bonner Street

1940 Bonner Street, Decatur, GA 30032
Sold May 22, 2023
$380,000
$342,000 by Southstate Bank
Mortgage Due May 01, 2053
Sold Oct 04, 2021
$110,000
Local assessors in Decatur, GA have categorized 1940 Bonner Street as a residential type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 13,068 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 730 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, 3 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 1940 Bonner Street has a total of 1,014 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 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 masonry 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 or hip style roof. Lots of brick 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. 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, 1940 Bonner Street was last sold in May 17, 2023 for $380,000. According to our calculations, that's $374.75 per sqft. Prior to that sales transaction, the property was sold for $110,000 in Oct 4, 2021. Current property owners are expected to pay $4,052 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1940 Bonner Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $89,680. To break that down further, the land itself was valued at $60,440. While improvements to the property were assessed at a total of $29,240. 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. 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. 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: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Masonry
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,014
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J W TONEY PROP
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHROEDER KRISTEN
  • Current Owner 2: BURK DAVID ASHER
  • Previous Owner : VICTOR WARREN PROPERTIES INC
  • Owner Before Previous Owner: BROWN WILLIE C ESTATE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeKalb County School District
  • Census Tract: 023601

Zoning

  • Zoning: R75

Geography

  • Parcel: 15 170 11 008
  • Municipality: UNINCORPORATED
  • Latitude: 33.7345
  • Longitude: -84.2884

    Address

  • Full Address: 1940 Bonner St
  • Address - House Number: 1940
  • Address - Street Name: Bonner
  • Address - Suffix Type: St
  • State: GA
  • City Name: Decatur
  • Carrier Code: C002
  • 4-Digit Zip Code: 4105
  • Zip Code: 30032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,052
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.0921
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 92
  • Final Value: 402,914
  • High Value: 440,042
  • Low Value: 365,785

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: SOUTHSTATE BANK
  • First Open Lien Mortgage Recording Date: May 22, 2023
  • First Open Lien Mortgage Loan Amount: $342,000
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $224,200
  • Market Land Value: $151,100
  • Market Improvement Value: $73,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,680
  • Assessed Land Value: $60,440
  • Assessed Improvements Value: $29,240

    Sales

  • Current Sale Contract Date: May 17, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Transaction ID: 11908098829
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023-008834
  • Previous Sale Recording Date: Oct 04, 2021
  • Previous Sale Contract Date: Oct 04, 2021
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHSTATE BANK
  • First Mortgage Transaction Date: May 22, 2023
  • First Mortgage Loan Amount: $342,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

About East Lake Terrace



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Frequently Asked Questions

What neighborhood is 1940 Bonner Street located in?
The 1940 Bonner Street is a house located in the neighborhood of East Lake Terrace in East Lake Terrace, Decatur.
What is the average sales price for listings in 1940 Bonner Street?
The average sales price for units in 1940 Bonner Street is $0 currently.

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