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2380 Metropolitan Parkway Southwest

2380 Metropolitan Parkway Southwest, Atlanta, GA 30315
Commercial in Perkerson
Sold Jul 03, 2015
$235,000
$485,000 by The Bootery
Mortgage Due Oct 01, 2024
Sold Aug 15, 2014
$100,000
$100,000 by Harvest Investments Ga
Mortgage
2380 Metropolitan Parkway Southwest in Atlanta, GA was first built in 1947 and is 77 years old. Although, the building on the property was most recently renovated and altered in 2011. This has been categorized as a residential property type. It is a single story home. 2380 Metropolitan Parkway Southwest has 1,474 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 34,848 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The exterior walls of the home are made of wood. 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, 2380 Metropolitan Parkway Southwest was last sold in Jul 3, 2015 for $235,000. According to our calculations, that's $159.43 per sqft. Prior to that sales transaction, the property was sold for $100,000 in Aug 15, 2014. Current property owners are expected to pay $16,227 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 2380 Metropolitan Parkway Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $391,960. To break that down further, the land itself was valued at $192,000. While improvements to the property were assessed at a total of $199,960. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1947
  • Effective Year Built: 2011
  • Building Count: 2
  • Bedroom Count: 0
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 1,474
  • Gross Building Area: 1,474
  • Building Area: 1,474
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,474
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Residential
  • Subdivision: METROPOLITAN
  • Land Acres: 0.8
  • Standard Land Use Code: Garden apt, court apt (5+ units)
  • Legal Description 1: KA 2380 METROPOLITAN PKWY APTS FLD CK 6121; VERIFIED NOW APT UNITS CB23 VERIFY RENOVA COMPL; PARCEL REVIEW CB23 VERIFY OCCY %

Ownership

  • Current Owner : ALEXANDER MERIA
  • Current Owner 2: SIMPKINS REKAYL T
  • Previous Owner : DETROIT SPECIALTY HOMES LLC
  • Owner Before Previous Owner: HARVEST INVESTMENTS GA LLC

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 007500

Zoning

  • Zoning: C2

Geography

  • District: 05
  • Parcel: 14 0091 LL0044
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.6895
  • Longitude: -84.4075

    Address

  • Full Address: 2380 Metropolitan Pkwy Sw
  • Legal Unit: S
  • Address - House Number: 2380
  • Street Segment Direction: SW
  • Address - Street Name: Metropolitan
  • Address - Suffix Type: Pkwy
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C028
  • 4-Digit Zip Code: 6224
  • Zip Code: 30315

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,227
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 05R

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 725,317
  • High Value: 1,019,074
  • Low Value: 431,559

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $845,000
  • First Open Lien Mortgage Lender: THE BOOTERY
  • First Open Lien Mortgage Recording Date: Oct 12, 2023
  • First Open Lien Mortgage Loan Amount: $485,000
  • 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: Oct 01, 2024
  • Second Open Lien Mortgage Lender: THE BOOTERY PROFIT SHARING PLA
  • Second Open Lien Mortgage Recording Date: Jul 17, 2023
  • Second Open Lien Mortgage Loan Amount: $360,000
  • 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: Jul 01, 2024

    Market Valuation

  • Market Total Value: $979,900
  • Market Land Value: $480,000
  • Market Improvement Value: $499,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,960
  • Assessed Land Value: $192,000
  • Assessed Improvements Value: $199,960

    Sales

  • Current Sale Contract Date: Jul 03, 2015
  • Current Sale Recording Date: Jul 03, 2015
  • Current Sale Transaction ID: 1313388402
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-029083
  • Previous Sale Recording Date: Aug 15, 2014
  • Previous Sale Contract Date: Aug 15, 2014
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DETROIT SPECIALTY HOMES
  • First Mortgage Transaction Date: Jul 03, 2015
  • First Mortgage Loan Amount: $221,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 03, 2045

    Previous Mortgages

  • Previous Mortgage Lender: HARVEST INVESTMENTS GA
  • Previous Mortgage Transaction Date: Aug 15, 2014
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Southside



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Frequently Asked Questions

What neighborhood is 2380 Metropolitan Parkway Southwest located in?
The 2380 Metropolitan Parkway Southwest is a commercial located in the neighborhood of Perkerson in Southside, Atlanta.
What is the average sales price for listings in 2380 Metropolitan Parkway Southwest?
The average sales price for units in 2380 Metropolitan Parkway Southwest is $0 currently.

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