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197 Wilbur Avenue Southeast

197 Wilbur Avenue Southeast, Atlanta, GA 30316
Property in Reynoldstown
1 Units For Sale
Unit for sale at 197 Wilbur Avenue SE, Atlanta, GA 30316

$989,000

  • Loft
  • 3 Baths
  • 2,200 ft²
197 Wilbur Avenue SE #A, Atlanta, GA 30316 Listing by Jonathan Rich

Local assessors in Atlanta, GA have categorized 197 Wilbur Avenue Southeast 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 8,625 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 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 197 Wilbur Avenue Southeast has a total of 933 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 average. 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-. Lots of alum/vinyl siding 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. The property was last sold in Feb 10, 2023 for $200,000. That's $214.36 per sqft. 197 Wilbur Avenue Southeast was last assessed in 2023. The total value of the property was assessed at $145,360. Specifically, the land the property is located on was valued at $92,920. While improvements on the property were assessed at a total of $52,440. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,018. The initial tax year of delinquency was in 2015. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240119 Unit B
01/19/2024
B
Loft
3 Bath
2200 ft²
$999,900
bedrooms
Loft
bathrooms
3 Bath
square feet
2200 ft²
-
-
-
JONATHAN RICH
KELLER KNAPP INC

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C-
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,625
  • Total Building Area: 933
  • Building Area: 933
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 933
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADJUSTED CDU PER FIELD REVIEW 716 LC

Ownership

  • Current Owner : SPENCER LOVE HOMES LLC
  • Previous Owner : WEBB PORTIA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 003100

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 001300100335
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7486
  • Longitude: -84.3532

    Address

  • Full Address: 197 Wilbur Ave Se
  • Address - House Number: 197
  • Street Segment Direction: SE
  • Address - Street Name: Wilbur
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C001
  • 4-Digit Zip Code: 1425
  • Zip Code: 30316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,018
  • Intital Tax Deliquent Year: 2015
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 473,154
  • High Value: 572,446
  • Low Value: 373,861

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,280,500
  • First Open Lien Mortgage Lender: AFFINITY BANK
  • First Open Lien Mortgage Recording Date: Feb 28, 2024
  • First Open Lien Mortgage Loan Amount: $640,250
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2025
  • Second Open Lien Mortgage Lender: AFFINITY BANK
  • Second Open Lien Mortgage Recording Date: Feb 28, 2024
  • Second Open Lien Mortgage Loan Amount: $640,250
  • Second Open Lien Mortgage Term: 12
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2025

    Market Valuation

  • Market Total Value: $363,400
  • Market Land Value: $232,300
  • Market Improvement Value: $131,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,360
  • Assessed Land Value: $92,920
  • Assessed Improvements Value: $52,440

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Feb 10, 2023
  • Current Sale Transaction ID: 11902787391
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023-003332

    Last Sale Mortgage

  • First Mortgage Lender: AFFINITY BANK
  • First Mortgage Transaction Date: Feb 10, 2023
  • First Mortgage Loan Amount: $640,250
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Mortgage Modification
  • First Mortgage Loan Due Date: Feb 01, 2024

About Eastside



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 197 Wilbur Avenue Southeast located in?
The 197 Wilbur Avenue Southeast is a located in the neighborhood of Reynoldstown in Eastside, Atlanta.
How many listings are currently for sale in 197 Wilbur Avenue Southeast?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 197 Wilbur Avenue Southeast?
The average sales price for units in 197 Wilbur Avenue Southeast is $989,000 , or $450/sqft. currently.

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