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525 Parkway Drive

525 Parkway Drive, Atlanta, GA 30308
Property in Old Fourth Ward
1 Units For Sale
Unit for sale at 525 Parkway Drive, Atlanta, GA 30308

$299,000

  • 1 Bed
  • 1 Bath
  • 657 ft²
525 Parkway Drive #218, Atlanta, GA 30308 Listing by Honghong Liang

Local assessors in Atlanta, GA have categorized 525 Parkway Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 653 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 525 Parkway Drive has a total of 657 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. 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 - B+. Lots of concrete 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. The property was last sold in Jan 25, 2022 for $265,000. That's $403.35 per sqft. 525 Parkway Drive was last assessed in 2023. The total value of the property was assessed at $69,600. Specifically, the land the property is located on was valued at $11,920. While improvements on the property were assessed at a total of $57,680. 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 $2,881. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Parking

Assigned Parking
Garage Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Excellent
  • Building Quality: B+
  • Building Style: Condo
  • Exterior Walls Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 653
  • Lot Size Frontage Feet: 0
  • Total Building Area: 657
  • Building Area: 657
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 657
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.015
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: KA CONDOS (RESIDENTIAL AN SEND TO RESIDENTIAL AN NEW CONDOS 96 UNITS

Ownership

  • Current Owner : SONG HUI
  • Previous Owner : 525 PARKWAY PROPERTIES LLC

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 001701

Zoning

  • Zoning: RG4

Geography

  • District: 05
  • Parcel: 14 004700021267
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7686
  • Longitude: -84.3728

    Address

  • Full Address: 525 Parkway Dr Ne
  • Address - House Number: 525
  • Street Segment Direction: NE
  • Address - Street Name: Parkway
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C003
  • 4-Digit Zip Code: 2700
  • Zip Code: 30308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,881
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.1856
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 287,546
  • High Value: 340,915
  • Low Value: 234,178

    Market Valuation

  • Market Total Value: $174,000
  • Market Land Value: $29,800
  • Market Improvement Value: $144,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,600
  • Assessed Land Value: $11,920
  • Assessed Improvements Value: $57,680

    Sales

  • Current Sale Contract Date: Jan 25, 2022
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Transaction ID: 11879862992
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-004814

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Frequently Asked Questions

What neighborhood is 525 Parkway Drive located in?
The 525 Parkway Drive is a located in the neighborhood of Old Fourth Ward in Northeast Atlanta, Atlanta.
How many listings are currently for sale in 525 Parkway Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 525 Parkway Drive?
The average sales price for units in 525 Parkway Drive is $299,000 , or $455/sqft. currently.

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