Check Availability

540 Bishop Way Northeast

540 Bishop Way Northeast, Atlanta, GA 30312
Property in Old Fourth Ward
Sold Oct 14, 2016
$885,000
$708,000 by Waterstone Mortgage
Mortgage Due Nov 01, 2046
Sold Sep 27, 2013
$25,000
540 Bishop Way Northeast has been categorized by the local assessors in Atlanta, GA as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 540 Bishop Way Northeast has 2,408 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 871 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A+ by the local assessor. The exterior walls of the building are made of rock and stone. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, the home is utilizing gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 540 Bishop Way Northeast sold most recently in Oct 14, 2016 for a total of $885,000. If you work out the math, that's approximately a cost of $367.52 per sqft. Before that, the property was also sold for $25,000 in Dec 30, 2011. 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 $16,035 in taxes each year. The initial year of tax delinquency occurred in 2021. 540 Bishop Way Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $387,320. If we break it down further, the land itself was valued at $50,960. Improvements to the property, however, were assessed at a total of $336,360. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Good
  • Building Quality: A+
  • 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: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 2,408
  • Building Area: 2,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,408
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BISHOPS ROW
  • Land Acres: 0.02
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NO CHANGES INSIDE EST ANFC UPDATE INFO DATA VERIFIED

Ownership

  • Current Owner : GLASS MICHAEL
  • Current Owner 2: GLASS NANCY
  • Previous Owner : DMPS BUILDERS LLC
  • Owner Before Previous Owner: FREE GEORGIANS ASSOCIATED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 002900

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 004600062965
  • Lot: 3
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.76
  • Longitude: -84.369

    Address

  • Full Address: 540 Bishop Way Ne
  • Address - House Number: 540
  • Street Segment Direction: NE
  • Address - Street Name: Bishop
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C007
  • 4-Digit Zip Code: 1446
  • Zip Code: 30312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,035
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05W

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 1,227,498
  • High Value: 1,486,159
  • Low Value: 968,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $708,000
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 14, 2016
  • First Open Lien Mortgage Loan Amount: $708,000
  • 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: Nov 01, 2046

    Market Valuation

  • Market Total Value: $968,300
  • Market Land Value: $127,400
  • Market Improvement Value: $840,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,320
  • Assessed Land Value: $50,960
  • Assessed Improvements Value: $336,360

    Sales

  • Current Sale Contract Date: Oct 14, 2016
  • Current Sale Recording Date: Oct 14, 2016
  • Current Sale Transaction ID: 1849296569
  • Current Sale Price: $885,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-037941
  • Previous Sale Recording Date: Sep 27, 2013
  • Previous Sale Contract Date: Dec 30, 2011
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE
  • First Mortgage Transaction Date: Oct 14, 2016
  • First Mortgage Loan Amount: $708,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

About Northeast Atlanta



Similar Buildings

Property at 540 Bishop Way Northeast,

575 East Avenue Northeast

  • 1 Unit for Sale
  • 2 Stories
575 East Avenue Northeast, Atlanta, GA 30312 House in Old Fourth Ward
Property at 540 Bishop Way Northeast,

170 Boulevard Northeast

  • 2 Units for Sale
170 Boulevard Northeast, Atlanta, GA 30312 Condo in Old Fourth Ward
Property at 540 Bishop Way Northeast,

96 Bradley Street Northeast

  • 1 Unit for Sale
  • 1 Story
96 Bradley Street Northeast, Atlanta, GA 30312 House in Old Fourth Ward
Property at 540 Bishop Way Northeast,

345 Glen Iris Drive Northeast

  • 1 Unit for Sale
345 Glen Iris Drive Northeast, Atlanta, GA 30312 Townhouse in Old Fourth Ward
Property at 540 Bishop Way Northeast,

611 Auburn Avenue Northeast

  • 1 Unit for Sale
  • 2 Stories
611 Auburn Avenue Northeast, Atlanta, GA 30312 Residential in Old Fourth Ward
Property at 540 Bishop Way Northeast,

646 East Avenue Northeast

  • 1 Unit for Sale
  • 2 Stories
646 East Avenue Northeast, Atlanta, GA 30312 Residential in Old Fourth Ward
Property at 540 Bishop Way Northeast,

670 East Avenue Northeast

  • 1 Unit for Sale
  • 1 Story
670 East Avenue Northeast, Atlanta, GA 30312 House in Old Fourth Ward
Property at 540 Bishop Way Northeast,

543 Wabash Avenue Northeast

  • 1 Unit for Sale
  • 1 Story
543 Wabash Avenue Northeast, Atlanta, GA 30312 House in Old Fourth Ward

Nearby Rentals

Unit for rent at 38 Atlanta Avenue Se, Atlanta, GA, 30315

$3,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,678 ft²
38 Atlanta Avenue Se, Atlanta, GA, 30315 Listing by Josh Murray
Unit for rent at 929 Argonne Avenue Ne, Atlanta, GA, 30309

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
929 Argonne Avenue Ne, Atlanta, GA, 30309 Listing by Hanne-Marie Schibilsky
Unit for rent at 1080 Peachtree Street Ne, Atlanta, GA, 30309

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,213 ft²
1080 Peachtree Street Ne, Atlanta, GA, 30309 Listing by Jeremy Smith
Unit for rent at 1225 Euclid Avenue, Atlanta, GA, 30307

$2,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,278 ft²
1225 Euclid Avenue, Atlanta, GA, 30307 Listing by Beth Hunter
Unit for rent at 717 Piedmont Avenue, Atlanta, GA, 30308

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
717 Piedmont Avenue, Atlanta, GA, 30308 Listing by Carolyn Calloway
Unit for rent at 250 11th Street Ne, Atlanta, GA, 30309

$2,975 /mo

  • 2 Beds
  • 2 Baths
  • 1,142 ft²
250 11th Street Ne, Atlanta, GA, 30309 Listing by John Fuller
Unit for rent at 217 South Avenue Se, Atlanta, GA, 30315

$3,350 /mo

  • 3 Beds
  • 3 Baths
  • 2,100 ft²
217 South Avenue Se, Atlanta, GA, 30315 Listing by Stephen Carson

Frequently Asked Questions

What neighborhood is 540 Bishop Way Northeast located in?
The 540 Bishop Way Northeast is a located in the neighborhood of Old Fourth Ward in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 540 Bishop Way Northeast?
The average sales price for units in 540 Bishop Way Northeast is $0 currently.

Quantcast