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505 Claire Drive

505 Claire Drive, Atlanta, GA 30307
Property in Lake Claire
Sold Nov 05, 2021
$1,160,180
$548,250 by Highland Mortgage
Mortgage Due Jan 01, 2051
Sold Nov 03, 2014
$799,000
$417,000 by Shelter Lending Services
Mortgage
505 Claire Drive in Atlanta, GA was first built in 2014 and is 10 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 505 Claire Drive has 3,209 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 2,010. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof. 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. 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 frame 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 average. The exterior walls of the home are made of brick. While the interior walls are made of plaster. 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 a central heating system and being fueled with 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 505 Claire Drive sold most recently in Nov 5, 2021 for a total of $1,160,180. If you work out the math, that's approximately a cost of $361.54 per sqft. Before that, the property was also sold for $799,000 in Nov 3, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,088 in taxes each year. 505 Claire Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $472,200. If we break it down further, the land itself was valued at $130,000. Improvements to the property, however, were assessed at a total of $342,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 2,010
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,209
  • Building Area: 3,209
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,209
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MASSELL DEV
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HYKEN STACY EDELSTEIN
  • Previous Owner : MCLEAN JOHN C
  • Owner Before Previous Owner: TIO CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 020300

Zoning

  • Zoning: R4

Geography

  • Parcel: 15 238 03 008
  • Municipality: ATLANTA
  • Latitude: 33.768
  • Longitude: -84.3234

    Address

  • Full Address: 505 Claire Dr Ne
  • Address - House Number: 505
  • Street Segment Direction: NE
  • Address - Street Name: Claire
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C018
  • 4-Digit Zip Code: 1829
  • Zip Code: 30307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,088
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 1,273,620
  • High Value: 1,520,316
  • Low Value: 1,026,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: HIGHLAND MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 349
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $1,180,500
  • Market Land Value: $325,000
  • Market Improvement Value: $855,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,200
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $342,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11865721710
  • Current Sale Price: $1,160,180
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-030221
  • Previous Sale Recording Date: Nov 03, 2014
  • Previous Sale Contract Date: Nov 03, 2014
  • Previous Sale Amount: $799,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLAND MORTGAGE
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 349
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SHELTER LENDING SERVICES
  • Previous Mortgage Transaction Date: Nov 03, 2014
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Eastside



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Frequently Asked Questions

What neighborhood is 505 Claire Drive located in?
The 505 Claire Drive is a located in the neighborhood of Lake Claire in Eastside, Atlanta.
What is the average sales price for listings in 505 Claire Drive?
The average sales price for units in 505 Claire Drive is $0 currently.

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