Check Availability
$270,000
↓ $60K (18.2%)
House - For Sale

224 Racine Street

Atlanta, GA 30314
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1286 Sqft
$1,579
Estimated Monthly
$0
HOA / Fees
8.65%
Cap Rate

About This Property

Investors! Great location near Mozley Park and great investment on MLK. This property is sold as-is, fully gutted and some renovations started. Bring your cash investors. No blind offers, please.

The manager has listed the unit size as 1286 square feet.
Unit Size
1,286Ft²
Days on Market
99 days
Land Size
0.14 acres
Price per sqft
$210
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1930
Listed By
Barney Grajeda
Virtual Properties Realty.com
Last updated: 2 months ago (FMLSGA #7327719)

Price History

Date / Event Date Event Price
Feb 6, 2024 Price Decreased $270,000
↓ $60K (18.2%)
Price Decreased
Jan 19, 2024 Listed by Virtual Properties Realty $330,000
Listed by Virtual Properties Realty
Sep 7, 2023 Sold $210,000
Sold

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Basement Information

Basement

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,142
  • Total Building Area: 1,286
  • Building Area: 1,286
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,286
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EMPIRE STATE INV CO
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ID 24CB DATA NEEDS TO BE UPDATED-FC NEEDED

Ownership

  • Current Owner : MILENIO CONSTRUCTION LLC
  • Previous Owner : GREATER ATLANTA HOLDINGS LLC
  • Owner Before Previous Owner: TOG HOLDING CO LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 004000

Zoning

  • Zoning: R4

Geography

  • District: 05
  • Parcel: 14 014800040331
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7491
  • Longitude: -84.4411

    Address

  • Full Address: 224 Racine St Sw
  • Address - House Number: 224
  • Street Segment Direction: SW
  • Address - Street Name: Racine
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C004
  • 4-Digit Zip Code: 2235
  • Zip Code: 30314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,089
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 264,742
  • High Value: 288,353
  • Low Value: 241,130

    Market Valuation

  • Market Total Value: $367,700
  • Market Land Value: $156,100
  • Market Improvement Value: $211,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,080
  • Assessed Land Value: $62,440
  • Assessed Improvements Value: $84,640

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Transaction ID: 11917212924
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 06, 2023
  • Previous Sale Contract Date: Aug 28, 2023
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASY STREET CAPITAL
  • First Mortgage Transaction Date: Sep 07, 2023
  • First Mortgage Loan Amount: $304,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,279 ft²
$266/ft²
$340,000 Jun 9, 2023
-
-
House
3 Beds
2 Baths
1,392 ft²
$208/ft²
$290,000 Nov 10, 2023
-
$328/mo
House
3 Beds
2 Baths
1,520 ft²
$227/ft²
$344,900 Oct 9, 2023
-
$353/mo
House
3 Beds
2 Baths
1,548 ft²
$194/ft²
$300,000 Jan 10, 2024
-
$457/mo
House
3 Beds
1.5 Baths
984 ft²
$305/ft²
$300,000 Nov 9, 2023
-
$54/mo
House
3 Beds
2 Baths
1,700 ft²
$191/ft²
$325,000 Nov 17, 2023
-
$260/mo
House
3 Beds
2 Baths
1,700 ft²
$191/ft²
$325,000 Dec 5, 2023
-
-
House
3 Beds
2 Baths
1,624 ft²
$234/ft²
$379,900 Jan 8, 2024
-
$368/mo
House
3 Beds
1 Bath
1,080 ft²
$294/ft²
$317,500 Jan 12, 2024
-
$238/mo
House
3 Beds
2 Baths
2,100 ft²
$143/ft²
$300,000 Dec 26, 2023
-
-
House
3 Beds
1 Bath
1,050 ft²
$257/ft²
$269,900 Jan 12, 2024
-
$206/mo
House
4 Beds
2.5 Baths
2,454 ft²
$145/ft²
$355,000 Aug 10, 2023
-
$553/mo

About Northwest Atlanta


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Frequently Asked Questions

When was property at 224 Racine Street Southwest built and last sold?
The property at 224 Racine Street Southwest was built in 1930 and last sold on Aug 28, 2023 for $210,000.
How much is this home worth?
The estimated value of the home located at 224 Racine Street Southwest is $275,650.
What are some comparable homes to 224 Racine Street Southwest?
Homes that are comparable to 224 Racine Street Southwest include a house property at 1181 Westview Drive Southwest, 441 Westmeath Drive Southwest, 66 Gardenia Drive Northwest.

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