468 Morgan Place

House in East Lake
Active

468 Morgan Place, Decatur, GA 30032

$222,000

0

$222,000
3
Beds
1
Bath
Half Bath
1,030
Ft²
$216
$/ft²
0.2
Acres
Cap Rate
Est. Monthly
Cap Rate
8.24%
Est. Monthly
$1,461
Come see this charming 3 bedroom, 1 bathroom home now on the market! You'll enjoy preparing meals in the gorgeous kitchen with sleek counters, tiled backsplash, stainless appliances, and beautiful spacious cabinetry. Entertaining is a breeze with this great floor plan. The primary bedroom features a spacious closet, and a private bathroom. Lush green landscape surrounds this beautiful house. A must see!   This home has been virtually staged to illustrate its potential.

The manager has listed the unit size as 1030 square feet.

LISTING AGENT

KADIE STIDHAMOpendoor Brokerage LLC[email protected]

Building Info

Overview

This property was built in 1950.

General

  • Year Built

    1950
  • Actual Year Built

    2010
  • Total Rooms

    4.00
  • Bedroom Count

    3
  • Bathroom Count

    1.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    5.00
  • Building Condition

    6
  • Building Quality

    7
  • Construction Type

    masonry
  • Building Style

    traditional style
  • Exterior Walls Type

    brick
  • Interior Walls Type

    plaster
  • Roof Shape Type

    gable or hip
  • Roof Cover Type

    -
  • Floor Count

    1
  • Living Units

    1.00
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    -
  • Basement Type

    -
  • Basement Area

    0.00
  • Garage Type

    -
  • Garage Square Area

    0.00
  • Parking Space Count

    0.00
  • Patio Type

    -
  • Porch Type

    -
  • Pool Type

    -

Dimensions

  • Lot Size Square Feet

    8,712
  • Lot Size Depth Feet

    1500
  • Lot Size Frontage Feet

    500
  • Total Building Area

    1,030
  • Gross Building Area

    0.00
  • Building Area

    1,030
  • Building Area Source

    L

Heating

  • Fireplace Count

    0.00
  • Air Conditioning Type

    central air conditioning
  • Heat Code

    a central heating system
  • Heated Square Feet

    1,030
  • Heating Fuel Type

    gas

Codes

  • Sewer System

    municipal
  • Water Service Type

    -

Building

Building codes and types
  • Building Type

    -
  • Property Class ID

    residential
  • Subdivision

    EASTLAKE ESTATES
  • Land Acres

    0.2
  • Standard Land Use Code

    single family residential
  • County Land Use Code

    101

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    DeKalb County School District
  • Census Tract

    023101

Zoning

The zoning code for this property is R75.
  • Zoning

    R75

Geography

The property is located in zip code 30032.
  • Parcel

    15-183 -07-005
  • Block

  • Lot

  • Municipality

    UNINCORPORATED
  • Latitude

    33.7398
  • Longitude

    -84.2895

Address

  • Full Address

    468 Morgan Pl
  • Address - House Number

    468
  • Address - Street Name

    Morgan
  • Address - Suffix Type

    Pl
  • State

    GA
  • City Name

    Decatur
  • Carrier Code

    C002
  • 4-Digit Zip Code

    3250
  • Zip Code

    30032

Valuation

The assessed value of this property is $85,680.
  • Timestamp

    Oct 25, 2021
  • UCID Flag

    C
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2021
  • Tax Amount

    $4,452
  • Tax Rate Code Area

    04

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $72,000

Market Valuation

  • Market Total Value

    $214,200
  • Market Land Value

    $80,000
  • Market Improvement Value

    $134,200

Appraisal Valuation

  • Valuation Date

    Oct 20, 2021
  • Confidence Score

    72
  • Final Value

    317,424
  • High Value

    382,409
  • Low Value

    252,439

Assessments Valuation

  • Assessed Year

    2020
  • Assessed Total Value

    $85,680
  • Assessed Land Value

    $32,000
  • Assessed Improvements Value

    $53,680

Sales

  • Current Sale Contract Date

    20071221
  • Current Sale Recording Date

    20080108
  • Current Sale Transaction ID

    1128657625
  • Current Sales Price

    $90,000
  • Current Sale Document Type

    Deed
  • Current Sale Input Book

    20554
  • Current Sale Input Page

    60
  • Sale Date

    20070626
  • Previous Sale Contract Date

    20070605
  • Previous Sale Type of Sales Price

    Full amount computed from Transfer Tax or Excise Tax.
  • Sale Amount

    $123,250
  • Previous Sale Document Type

    34

Mortgages

  • First Current Mortgage Lender

    BANK OF AMERICA
  • First Current Mortgage Transaction Date

    20080108
  • First Current Mortgage Loan Amount

    $72,000
  • First Current Mortgage Terms

    360
  • First Current Mortgage Loan Type

    New Conventional
  • First Current Mortgage Loan Due Date

    20371221
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    BANK OF AMERICA
  • First Open Lien Mortgage Recording Date

    20080108
  • First Open Lien Mortgage Loan Amount

    $72,000
  • 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

    20371221
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Loan Amount

    $0
  • Previous Mortgage Term

    0

Vacancy

  • Vacant Flag

    M
  • Vacant Flag Date

    20210815

Building Features

Exterior

Brick ExteriorConcrete Exterior

Parking

Off Street Parking

Home Features

Utilities

Fireplace

HVAC

Central A/C

Ownership

Price History

Date/EventEventPrice
Mar 4, 2023 RelistedRelisted$222,000
Feb 20, 2023 In contractIn contract-
Feb 3, 2023 Price DecreasedPrice Decreased$225,000 $3K (1.3%)
Jan 13, 2023 Price DecreasedPrice Decreased$228,000 $4K (1.7%)
Dec 1, 2022 Price DecreasedPrice Decreased$232,000 $10K (4.1%)
Nov 17, 2022 Price DecreasedPrice Decreased$242,000 $3K (1.2%)
Oct 7, 2022 Price DecreasedPrice Decreased$245,000 $8K (3.2%)
Sep 23, 2022 Price DecreasedPrice Decreased$253,000 $7K (2.7%)
Sep 9, 2022 Price DecreasedPrice Decreased$260,000 $4K (1.5%)
Aug 25, 2022 Price DecreasedPrice Decreased$264,000 $4K (1.5%)
Aug 11, 2022 Price DecreasedPrice Decreased$268,000 $11K (3.9%)
Jul 29, 2022 Price DecreasedPrice Decreased$279,000 $8K (2.8%)
Jul 1, 2022 Price DecreasedPrice Decreased$287,000 $6K (2%)
Jun 17, 2022 Price DecreasedPrice Decreased$293,000 $7K (2.3%)
Jun 3, 2022 Price DecreasedPrice Decreased$300,000 $1K (0.3%)
May 13, 2022 Price DecreasedPrice Decreased$301,000 $6K (2%)
Apr 29, 2022 Price DecreasedPrice Decreased$307,000 $11K (3.5%)
Apr 15, 2022 Price DecreasedPrice Decreased$318,000 $4K (1.2%)
Apr 1, 2022 Price DecreasedPrice Decreased$322,000 $5K (1.5%)
Mar 16, 2022 Listed by OD Georgia Brokerage LLCListed by OD Georgia Brokerage LLC$327,000
Jan 8, 2008 SoldSold$90,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$29,160
ExpensesPer Year
$4,452
Operating ProfitPer Year
$24,708
Cap rate
11.13%

Price Estimate

$263,000$229,974$196,949
20222023202420252026
Current Asking Price

$222,000

HopScore Market Price

$229,974

The current asking price is $7,974.37 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Active
House
2
1
989 ft²
$268/ft²
$265,000
$78.50/mo
In Contract
House
2
1
1,203 ft²
$152/ft²
$182,900
$204.75/mo
Active
House
1
1
1,011 ft²
$252/ft²
$255,000
$145.75/mo
Active
Commercial
Loft
1,426 ft²
$165/ft²
$235,000
Active
House
5
2
2,987 ft²
$80/ft²
$240,000

Payment Calculator



Neighborhood

About East Lake

Stats & Trends

The median asking price in East Lake is $550,000.
  • Median Asking

    $550,000
  • Sale Price/ft²

    $328.31
  • Below Asking

    0.02%
  • Days on Market

    47

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468 Morgan Place has been categorized by the local assessors in Decatur, GA as a residential type of property. The building on the property was first built in 1950 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom and unclear on the number of partial bathrooms in the property. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 468 Morgan Place has 1,030 sqft of living area. The living area typically only...

468 Morgan Place, Decatur, GA 30032


Frequently Asked Questions

What neighborhood is 468 Morgan Place located in?
The 468 Morgan Place is a house located in the neighborhood of East Lake in Eastside, Decatur.
How many units are currently for sale in 468 Morgan Place?
468 Morgan Place has a total of 1 units in the building. There are one units for sale right now.
What is the average sales price for units in 468 Morgan Place?
The average sales price for units in 468 Morgan Place is $228,000, or $221/sqft.
How long on average are units in 468 Morgan Place on the market?
Units in 468 Morgan Place are usually on the market for an average of 372 days with an average asking price of $228,000.

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