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562 McGill Place Northeast

562 McGill Place Northeast, Atlanta, GA 30312
Townhouse in Old Fourth Ward
562 McGill Place 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 1987 and is 37 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 562 McGill Place Northeast has 813 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 784 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 concrete. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 562 McGill Place Northeast was last sold in Jun 15, 2020 for $186,000. According to our calculations, that's $228.78 per sqft. Prior to that sales transaction, the property was sold for $170,500 in Oct 11, 2018. Current property owners are expected to pay $3,428 in taxes per year. The property on 562 McGill Place Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $82,800. To break that down further, the land itself was valued at $11,960. While improvements to the property were assessed at a total of $70,840. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180825
08/25/2018
1 Bed
1 Bath
813 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
813 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • 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: 784
  • Total Building Area: 813
  • Building Area: 813
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 813
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MCGILL PLACE
  • Land Acres: 0.018
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: MCGILL PLACE REVIEWED PER FMLS 22019

Ownership

  • Current Owner : SHARMA SUMEET
  • Current Owner 2: SHARMA SUNITA
  • Previous Owner : MADDEN SHANNON
  • Owner Before Previous Owner: SIDDIQUI TABASSUM M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001802

Zoning

  • Zoning: C4

Geography

  • District: 05
  • Parcel: 14 004700110706
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7653
  • Longitude: -84.3772

    Address

  • Full Address: 562 Mcgill Pl Ne
  • Address - House Number: 562
  • Street Segment Direction: NE
  • Address - Street Name: Mcgill
  • Address - Suffix Type: Pl
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C017
  • 4-Digit Zip Code: 1071
  • Zip Code: 30312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,428
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 266,013
  • High Value: 323,597
  • Low Value: 208,430

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,631
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2020
  • First Open Lien Mortgage Loan Amount: $182,631
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $207,000
  • Market Land Value: $29,900
  • Market Improvement Value: $177,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,800
  • Assessed Land Value: $11,960
  • Assessed Improvements Value: $70,840

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Transaction ID: 11770300615
  • Current Sale Price: $186,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-021021
  • Previous Sale Recording Date: Oct 11, 2018
  • Previous Sale Contract Date: Oct 11, 2018
  • Previous Sale Amount: $170,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Jun 15, 2020
  • First Mortgage Loan Amount: $182,631
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

About Northeast Atlanta



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Nearby Rentals

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$1,475 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
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$1,690 /mo

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$1,550 /mo

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  • 1 Bath
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Listing by Electra White
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$1,600 /mo

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  • 1 Bath
  • 1,605 ft²
Listing by Jordan Barreto
Unit for rent at

$1,499 /mo

  • 1 Bed
  • 1 Bath
  • 616 ft²
Listing by Manager
Unit for rent at

$1,725 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
Listing by Manager
Unit for rent at

$1,648 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
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Frequently Asked Questions

What neighborhood is 562 McGill Place Northeast located in?
The 562 McGill Place Northeast is a townhouse located in the neighborhood of Old Fourth Ward in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 562 McGill Place Northeast?
The average sales price for units in 562 McGill Place Northeast is $0 currently.

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