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563 Highland Avenue Northeast

563 Highland Avenue Northeast, Atlanta, GA 30312
Sold Jun 29, 2022
Transfer
Sold Dec 18, 2019
$396,000
$316,800 by Banksouth Mortgage
Mortgage Due Jan 01, 2050
563 Highland Avenue 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 1995 and is 29 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 563 Highland Avenue Northeast has 1,350 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 4,879 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. The garage measured 273 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as excellent. 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 wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, the home is utilizing 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. Before that, the property was also sold for $396,000 in Dec 18, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,100 in taxes each year. 563 Highland Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $195,640. If we break it down further, the land itself was valued at $88,880. Improvements to the property, however, were assessed at a total of $106,760. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Excellent
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Garage Square Area: 273
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,879
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,350
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD FOURTH WARD REVIEWED PER FMLS 12020

Ownership

  • Current Owner : 563 HIGHLAND AVE LLC
  • Previous Owner : BROUNSTEIN ALEXANDER HIRSCH
  • Owner Before Previous Owner: FORBES RYAN
  • 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 004600061645
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7611
  • Longitude: -84.3688

    Address

  • Full Address: 563 Highland Ave Ne
  • Address - House Number: 563
  • Street Segment Direction: NE
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C005
  • 4-Digit Zip Code: 1351
  • Zip Code: 30312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,100
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2148
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 635,886
  • High Value: 772,521
  • Low Value: 499,251

    Market Valuation

  • Market Total Value: $489,100
  • Market Land Value: $222,200
  • Market Improvement Value: $266,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,640
  • Assessed Land Value: $88,880
  • Assessed Improvements Value: $106,760

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Transaction ID: 11891511608
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-028455
  • Previous Sale Recording Date: Dec 18, 2019
  • Previous Sale Contract Date: Dec 18, 2019
  • Previous Sale Amount: $396,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANKSOUTH MORTGAGE
  • Previous Mortgage Transaction Date: Dec 18, 2019
  • Previous Mortgage Loan Amount: $316,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Northeast Atlanta



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Frequently Asked Questions

What neighborhood is 563 Highland Avenue Northeast located in?
The 563 Highland Avenue Northeast is a house located in the neighborhood of Old Fourth Ward in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 563 Highland Avenue Northeast?
The average sales price for units in 563 Highland Avenue Northeast is $0 currently.

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