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242 11th Street Northeast

242 11th Street Northeast, Atlanta, GA 30309
Multifamily in Midtown
242 11th Street Northeast has been categorized by the local assessors in Atlanta, GA as a commercial type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 242 11th Street Northeast has 2,882 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,748 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". According to our sources, there are a total of 4 available parking spaces. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The exterior walls of the building are made of wood. Finally, the property is currently sourcing its water from a municipal system. 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. 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, 242 11th Street Northeast was last sold in May 10, 2019 for $835,000. According to our calculations, that's $203.61 per sqft. Prior to that sales transaction, the property was sold for $633,569 in Jan 20, 2017. Current property owners are expected to pay $13,738 in taxes per year. The property on 242 11th Street Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $331,840. To break that down further, the land itself was valued at $52,720. While improvements to the property were assessed at a total of $279,120. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

Parking Lot
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181107
11/07/2018
Studio
-
-
$1,050,000
bedrooms
Studio
bathrooms
-
-
-
-
JACKYE MUMPHREY
KELLER WILLIAMS REALTY CITYSIDE

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2011
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B+
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 4,748
  • Total Building Area: 4,101
  • Gross Building Area: 4,101
  • Building Area: 4,101
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,882
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: GATEWOOD INC
  • Land Acres: 0.109
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: KA ROBERT M. CAIN ARCHITECT FLD CK 10621; BLDGOFFICE COMPLETELY RENOVATED; (2 1BR APTS 2ND FLOOR LIVEWORK UNITS

Ownership

  • Current Owner : SWEET PEA FUSION LLC
  • Previous Owner : SEEMA HOMES LLC
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001102

Zoning

  • Zoning: RG4

Geography

  • District: 05
  • Parcel: 17 010600090602
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7828
  • Longitude: -84.3793

    Address

  • Full Address: 242 11th St Ne
  • Legal Unit: O
  • Address - House Number: 242
  • Street Segment Direction: NE
  • Address - Street Name: 11th
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C010
  • 4-Digit Zip Code: 3738
  • Zip Code: 30309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,738
  • Tax Rate Code Area: 05

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $615,000
  • First Open Lien Mortgage Lender: CENTERSTATE BANK
  • First Open Lien Mortgage Recording Date: Jun 19, 2020
  • First Open Lien Mortgage Loan Amount: $615,000
  • First Open Lien Mortgage Term: 114
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2030

    Market Valuation

  • Market Total Value: $829,600
  • Market Land Value: $131,800
  • Market Improvement Value: $697,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,840
  • Assessed Land Value: $52,720
  • Assessed Improvements Value: $279,120

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 10, 2019
  • Current Sale Transaction ID: 11610245860
  • Current Sale Price: $835,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-017886
  • Previous Sale Recording Date: Jan 20, 2017
  • Previous Sale Contract Date: Jan 20, 2017
  • Previous Sale Amount: $633,569
  • Previous Sale Document Type: Warranty Deed

About Northeast Atlanta



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Frequently Asked Questions

What neighborhood is 242 11th Street Northeast located in?
The 242 11th Street Northeast is a multifamily located in the neighborhood of Midtown in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 242 11th Street Northeast?
The average sales price for units in 242 11th Street Northeast is $0 currently.

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