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400 Margate Drive

400 Margate Drive, Atlanta, GA 30328
Property in Fulton
Sold Oct 24, 2012
$423,500
$355,000 by Gronek Robert J
Mortgage Due Oct 24, 2042
400 Margate Drive in Atlanta, GA was first built in 1983 and is 41 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 400 Margate Drive has 3,166 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 40,903 square feet.

Learn more about the property and building on this page. 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. For those who need parking, there is a garage. The garage is 396 sqft. 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 brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as good. The exterior walls of the home are made of rock and stone. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 24, 2012 for $423,500. That's $133.77 per sqft. 400 Margate Drive was last assessed in 2023. The total value of the property was assessed at $356,400. Specifically, the land the property is located on was valued at $147,400. While improvements on the property were assessed at a total of $209,000. 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 $10,060. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1995
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 23
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,903
  • Total Building Area: 3,166
  • Building Area: 3,166
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,166
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KINLOCH 03
  • Land Acres: 0.939
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FIELD CHECK 222

Ownership

  • Current Owner : GIBBS DANIEL R
  • Current Owner 2: GRONEK-GIBBS ANNE
  • Previous Owner : DOLL DOUGLAS C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 010130

Zoning

  • Zoning: R18

Geography

  • District: 59
  • Parcel: 17 002100040013
  • Municipality: CITY OF SANDY SPRINGS
  • Latitude: 33.9501
  • Longitude: -84.3533

    Address

  • Full Address: 400 Margate Dr
  • Address - House Number: 400
  • Address - Street Name: Margate
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C005
  • 4-Digit Zip Code: 1637
  • Zip Code: 30328

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,060
  • Tax Rate Code Area: 59

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 935,947
  • High Value: 1,128,633
  • Low Value: 743,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,000
  • First Open Lien Mortgage Lender: GRONEK ROBERT J
  • First Open Lien Mortgage Recording Date: Oct 24, 2012
  • First Open Lien Mortgage Loan Amount: $355,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 24, 2042

    Market Valuation

  • Market Total Value: $891,000
  • Market Land Value: $368,500
  • Market Improvement Value: $522,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,400
  • Assessed Land Value: $147,400
  • Assessed Improvements Value: $209,000

    Sales

  • Current Sale Contract Date: Oct 24, 2012
  • Current Sale Recording Date: Oct 24, 2012
  • Current Sale Transaction ID: 1172391572
  • Current Sale Price: $423,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-039144

    Last Sale Mortgage

  • First Mortgage Lender: GRONEK ROBERT J
  • First Mortgage Transaction Date: Oct 24, 2012
  • First Mortgage Loan Amount: $355,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Sandy Springs



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Frequently Asked Questions

What neighborhood is 400 Margate Drive located in?
The 400 Margate Drive is a located in the neighborhood of Fulton in Sandy Springs, Atlanta.
What is the average sales price for listings in 400 Margate Drive?
The average sales price for units in 400 Margate Drive is $0 currently.

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