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287 Fortune Street Northeast

287 Fortune Street Northeast, Atlanta, GA 30312
Sold Nov 21, 2019
$970,000
$679,000 by Bank Of America
Mortgage Due Jan 01, 2049
Sold Jan 13, 2006
$129,000
$129,000 by Bancmortgage
Mortgage Due Dec 19, 2007
Local assessors in Atlanta, GA have categorized 287 Fortune Street Northeast as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 2,614 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 287 Fortune Street Northeast has a total of 2,369 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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 - A+. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home has been utilizing gas for fuel. 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, 287 Fortune Street Northeast was last sold in Nov 21, 2019 for $970,000. According to our calculations, that's $409.46 per sqft. Prior to that sales transaction, the property was sold for $129,000 in Dec 19, 2005. Current property owners are expected to pay $16,886 in taxes per year. The property on 287 Fortune Street Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $407,880. To break that down further, the land itself was valued at $81,640. While improvements to the property were assessed at a total of $326,240. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Concrete Exterior

Parking

Garage Parking
Open Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Excellent
  • Building Quality: A+
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 2,369
  • Building Area: 2,369
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,369
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD FOURTH WARD REVIEWED PER GAMLS 12020

Ownership

  • Current Owner : WILSON ANDREW E
  • Current Owner 2: ALVAREZ GIANNELLA
  • Previous Owner : WESTERMANN PHILIP J
  • Owner Before Previous Owner: POWELL DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001702

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 001900010835
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7621
  • Longitude: -84.3665

    Address

  • Full Address: 287 Fortune St Ne
  • Address - House Number: 287
  • Street Segment Direction: NE
  • Address - Street Name: Fortune
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C010
  • 4-Digit Zip Code: 1413
  • Zip Code: 30312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,886
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 1,292,258
  • High Value: 1,564,565
  • Low Value: 1,019,951

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,339,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Nov 21, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $679,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049
  • Second Open Lien Mortgage Lender: BANK OF AMERICA
  • Second Open Lien Mortgage Recording Date: Oct 05, 2022
  • Second Open Lien Mortgage Loan Amount: $660,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $1,019,700
  • Market Land Value: $204,100
  • Market Improvement Value: $815,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,880
  • Assessed Land Value: $81,640
  • Assessed Improvements Value: $326,240

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Transaction ID: 11709955606
  • Current Sale Price: $970,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-048254
  • Previous Sale Recording Date: Jan 13, 2006
  • Previous Sale Contract Date: Dec 19, 2005
  • Previous Sale Amount: $129,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Nov 21, 2019
  • First Mortgage Loan Amount: $679,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANCMORTGAGE
  • Previous Mortgage Transaction Date: Jan 13, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $129,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 19, 2007

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Frequently Asked Questions

What neighborhood is 287 Fortune Street Northeast located in?
The 287 Fortune Street Northeast is a house located in the neighborhood of Old Fourth Ward in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 287 Fortune Street Northeast?
The average sales price for units in 287 Fortune Street Northeast is $0 currently.

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