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551 Wimbledon Road Northeast

551 Wimbledon Road Northeast, Atlanta, GA 30324
Multifamily in Piedmont Heights
551 Wimbledon Road 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 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 551 Wimbledon Road Northeast has 1,596 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 15,987 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. 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 C+ 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, it is utilizing a central heating system and being fueled with gas. 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, 551 Wimbledon Road Northeast sold most recently in Apr 12, 2023 for a total of $632,500. If you work out the math, that's approximately a cost of $396.30 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 $9,176 in taxes each year. 551 Wimbledon Road Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,640. If we break it down further, the land itself was valued at $86,920. Improvements to the property, however, were assessed at a total of $134,720. 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. 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.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

Condition

New Construction

Driveway

Driveway

Parking

Paved Parking

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220509
05/09/2022
Studio
-
-
$699,000
bedrooms
Studio
bathrooms
-
$632,500 -9.51%
04/14/2023
DEBBIE L MCDONALD
Karafotias Realty Company

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1980
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Duplex
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,987
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,596
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.367
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: AN IMP REMEAS 501 RE NTER

Ownership

  • Current Owner : ZHU SUSAN
  • Current Owner 2: FACEMYER JACK
  • Previous Owner : DAVIS LORA LAWRENCE

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 009202

Zoning

  • Zoning: R4

Geography

  • District: 05
  • Parcel: 17 005700060075
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.8065
  • Longitude: -84.3692

    Address

  • Full Address: 551 Wimbledon Rd Ne
  • Address - House Number: 551
  • Street Segment Direction: NE
  • Address - Street Name: Wimbledon
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C019
  • 4-Digit Zip Code: 4826
  • Zip Code: 30324

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,176
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.0884
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 689,029
  • High Value: 749,939
  • Low Value: 628,119

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING
  • First Open Lien Mortgage Recording Date: Apr 14, 2023
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $554,100
  • Market Land Value: $217,300
  • Market Improvement Value: $336,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,640
  • Assessed Land Value: $86,920
  • Assessed Improvements Value: $134,720

    Sales

  • Current Sale Contract Date: Apr 12, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Transaction ID: 11906123308
  • Current Sale Price: $632,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023-010805

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING
  • First Mortgage Transaction Date: Apr 14, 2023
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

About Northeast Atlanta



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Frequently Asked Questions

What neighborhood is 551 Wimbledon Road Northeast located in?
The 551 Wimbledon Road Northeast is a multifamily located in the neighborhood of Piedmont Heights in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 551 Wimbledon Road Northeast?
The average sales price for units in 551 Wimbledon Road Northeast is $699,000 currently.

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