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540 John Wesley Dobbs Avenue Northeast

540 John Wesley Dobbs Avenue Northeast, Atlanta, GA 30312
Multifamily in Old Fourth Ward
Sold Jan 17, 2022
$1,345,000
$710,000 by Citibank
Mortgage Due Nov 01, 2052
Sold Jan 17, 2022
Transfer
Local assessors in Atlanta, GA have categorized 540 John Wesley Dobbs Avenue Northeast as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 5,837 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 7 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 540 John Wesley Dobbs Avenue Northeast has a total of 3,808 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 good. 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 - A. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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 John Wesley Dobbs Avenue Northeast sold most recently in Jan 14, 2022 for a total of $1,345,000. If you work out the math, that's approximately a cost of $353.20 per sqft. 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 $18,034 in taxes each year. The initial year of tax delinquency occurred in 2021. 540 John Wesley Dobbs Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $435,600. If we break it down further, the land itself was valued at $92,000. Improvements to the property, however, were assessed at a total of $343,600. 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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
Concrete Exterior

Parking

Off Street Parking
Garage Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2008
  • Total Rooms: 10
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 31
  • Building Condition: Good
  • Building Quality: A
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,837
  • Total Building Area: 3,808
  • Building Area: 3,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: None
  • Heated Square Feet: 3,808
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.134
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: INSIDE EST

Ownership

  • Current Owner : ABH REALTY LLC
  • Previous Owner : LONGENBACH JUSTIN
  • Owner Before Previous Owner: LONGENBACH JUSTIN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 004600061132
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7595
  • Longitude: -84.3696

    Address

  • Full Address: 540 John Wesley Dobbs Ave Ne
  • Address - House Number: 540
  • Street Segment Direction: NE
  • Address - Street Name: John Wesley Dobbs
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C018
  • 4-Digit Zip Code: 1638
  • Zip Code: 30312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,034
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05W

    Appraisal Valuation

  • Standard Deviation: 0.0884
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 1,497,792
  • High Value: 1,630,197
  • Low Value: 1,365,387

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $710,000
  • First Open Lien Mortgage Lender: CITIBANK
  • First Open Lien Mortgage Recording Date: Nov 10, 2022
  • First Open Lien Mortgage Loan Amount: $710,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $1,089,000
  • Market Land Value: $230,000
  • Market Improvement Value: $859,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,600
  • Assessed Land Value: $92,000
  • Assessed Improvements Value: $343,600

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 17, 2022
  • Current Sale Transaction ID: 11879137944
  • Current Sale Price: $1,345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-002060
  • Previous Sale Recording Date: Jan 17, 2022
  • Previous Sale Contract Date: Jan 14, 2022
  • Previous Sale Document Type: Warranty Deed

About Northeast Atlanta



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Nearby Rentals

Unit for rent at

$2,475 /mo

  • 3 Beds
  • 3 Baths
  • 2,222 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 540 John Wesley Dobbs Avenue Northeast located in?
The 540 John Wesley Dobbs Avenue Northeast is a multifamily located in the neighborhood of Old Fourth Ward in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 540 John Wesley Dobbs Avenue Northeast?
The average sales price for units in 540 John Wesley Dobbs Avenue Northeast is $0 currently.

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