See Home Value
$1,423,884*
House - Off Market

407 5th St NE

Atlanta, GA 30308
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3600 Sqft
$1,215,000 - $1,485,000
Reference Base Price*
5.47%
Since Nov 1, 2022
GA-Atlanta
Primary Model
Sold Sep 29, 2022
$1,199,000
$899,250 by Everett Financial
Mortgage Due Sep 01, 2052
Sold Jul 24, 2017
$925,000

About This Property

This property has two units. The 3/3 unit is 2 stories, master on the main, 2 living spaces, and marble counters. The 1/1 unit is a perfect retreat! Rent to business travelers, film talent, etcOr used as a guest house/teen suite. Both units have open floor plans, oversized windows, stainless steel appliances, private front and back entries, and much more. The 1/1 is fully f\urnished and the 3/3 is partially furnished. There are 2 off-street parking spaces, a large fenced-in backyard, and a large front porch perfect for entertaining. Walk to Piedmont Park, Ponce City Market, The Beltline, Fox Theater, and all the great restaurants! This is a move-in-ready and investor dream. Live on one side and rent the other to pay your mortgage, rent both sides for passive income or enjoy living in this hot neighborhood.

The manager has listed the unit size as 3600 square feet.
Unit Size
3,600Ft²
Days on Market
-
Land Size
-
Price per sqft
$375
Property Type
House
Property Taxes
$1,167
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Oct 21, 2022 No longer available -
No longer available
Sep 29, 2022 Sold to Emily Beatty, Eric Beatty $1,199,000
Sold to Emily Beatty, Eric Beatty
Jul 14, 2022 Listed $1,350,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 24
  • Building Condition: Excellent
  • Building Quality: B+
  • Building Style: Duplex
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,968
  • Total Building Area: 3,675
  • Building Area: 3,675
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,675
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BIGHAM-BASS-DREWRY SUB
  • Land Acres: 0.137
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MIDTOWN REVIEWED PER GMLS 52018 VERIFIED DATA

Ownership

  • Current Owner : BEATTY ERIC
  • Current Owner 2: BEATTY EMILY
  • Previous Owner : TRIPLE T PROPERTY INVESTMENTS INC
  • Owner Before Previous Owner: WARRING JANE

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001301

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 004800060413
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7751
  • Longitude: -84.3739

    Address

  • Full Address: 407 5th St Ne
  • Address - House Number: 407
  • Street Segment Direction: NE
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C018
  • 4-Digit Zip Code: 2022
  • Zip Code: 30308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,847
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 1,262,460
  • High Value: 1,525,875
  • Low Value: 999,046

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $899,250
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL
  • First Open Lien Mortgage Recording Date: Sep 29, 2022
  • First Open Lien Mortgage Loan Amount: $899,250
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $1,138,100
  • Market Land Value: $274,100
  • Market Improvement Value: $864,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,240
  • Assessed Land Value: $109,640
  • Assessed Improvements Value: $345,600

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Sep 29, 2022
  • Current Sale Transaction ID: 11897173996
  • Current Sale Price: $1,199,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-041372
  • Previous Sale Recording Date: Jul 24, 2017
  • Previous Sale Contract Date: Jul 24, 2017
  • Previous Sale Amount: $925,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL
  • First Mortgage Transaction Date: Sep 29, 2022
  • First Mortgage Loan Amount: $899,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,195 ft²
$485/ft²
$1,549,000 Jul 21, 2023
-
$1,168/mo
House
4 Beds
4.5 Baths
2,937 ft²
$451/ft²
$1,325,000 Jul 1, 2023
-
$1,125/mo
House
4 Beds
3 Baths
2,750 ft²
$418/ft²
$1,150,000 Jun 22, 2023
-
$900/mo
Townhouse
4 Beds
4.5 Baths
3,441 ft²
$360/ft²
$1,240,000 Jul 27, 2023
-
-
Townhouse
4 Beds
4.5 Baths
3,441 ft²
$360/ft²
$1,240,000 Jul 28, 2023
-
-
Condo
3 Beds
3.5 Baths
3,426 ft²
$408/ft²
$1,399,000 Jun 22, 2023
-
-
Townhouse
3 Beds
3.5 Baths
2,654 ft²
$509/ft²
$1,350,000 Jun 8, 2023
-
$3,000/mo
Townhouse
3 Beds
3.5 Baths
2,654 ft²
$509/ft²
$1,350,000 Jun 8, 2023
-
-
Condo
3 Beds
3 Baths
2,642 ft²
$435/ft²
$1,150,000 May 31, 2023
-
-
Condo
3 Beds
2.5 Baths
1,944 ft²
$628/ft²
$1,220,000 May 17, 2023
-
$10,032/mo
Condo
3 Beds
2.5 Baths
1,712 ft²
$682/ft²
$1,166,900 Oct 14, 2022
-
$702/mo
Other
Loft
3.5 Baths
3,141 ft²
$477/ft²
$1,499,000 Aug 4, 2023
-
$584/mo

About Northeast Atlanta


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Nearby Rentals



Frequently Asked Questions

When was property at 407 5th Street Northeast built and last sold?
The property at 407 5th Street Northeast was built in 1920 and last sold on Sep 26, 2022 for $1,199,000.
How much is this home worth?
The estimated value of the home located at 407 5th Street Northeast is $1,373,427.
What are some comparable homes to 407 5th Street Northeast?
Homes that are comparable to 407 5th Street Northeast include a house property at 680 Drewry Street Northeast, a townhouse property at 818 Mentelle Drive Northeast, a condo property at 77 Peachtree Place Northeast.

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