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600 Parkway Drive

600 Parkway Drive, Atlanta, GA 30308
Property in Old Fourth Ward
1 Units For Sale
Unit for sale at 600 Parkway Drive, Atlanta, GA 30308

$4,200,000

  • Commercial
600 Parkway Drive, Atlanta, GA 30308 Listing by Minesh Patel

600 Parkway Drive 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 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home has a total of 2 bedrooms. 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, 600 Parkway Drive has 16,636 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 14,985 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The exterior walls of the building are made of brick. 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, 600 Parkway Drive sold most recently in Jun 2, 2022 for a total of $3,868,000. If you work out the math, that's approximately a cost of $232.51 per sqft. Before that, the property was also sold for $970,000 in Mar 3, 2015. 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 $14,770 in taxes each year. The initial year of tax delinquency occurred in 2021. 600 Parkway Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $356,760. If we break it down further, the land itself was valued at $240,000. Improvements to the property, however, were assessed at a total of $116,760. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2011
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B+
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Total Building Area: 16,636
  • Gross Building Area: 16,636
  • Building Area: 16,636
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 16,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRYAN WAUGH
  • Land Acres: 0.344
  • Standard Land Use Code: Garden apt, court apt (5+ units)
  • Legal Description 1: AN UPDATED CONDITIONRENTS 2016

Ownership

  • Current Owner : AAA CAPITAL LLC
  • Previous Owner : 600 PARKWAY PURCHASER LLC
  • Owner Before Previous Owner: WELLONS SYLVIA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001801

Zoning

  • Zoning: RG4

Geography

  • District: 05
  • Parcel: 14 004700020095
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.771
  • Longitude: -84.3731

    Address

  • Full Address: 600 Parkway Dr Ne
  • Address - House Number: 600
  • Street Segment Direction: NE
  • Address - Street Name: Parkway
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C003
  • 4-Digit Zip Code: 2697
  • Zip Code: 30308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,770
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 943,283
  • High Value: 1,325,317
  • Low Value: 561,248

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,910,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 29, 2022
  • First Open Lien Mortgage Loan Amount: $2,910,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Mortgage Modification
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2024

    Market Valuation

  • Market Total Value: $891,900
  • Market Land Value: $600,000
  • Market Improvement Value: $291,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,760
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $116,760

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Transaction ID: 11891547011
  • Current Sale Price: $3,868,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-028242
  • Previous Sale Recording Date: Mar 03, 2015
  • Previous Sale Contract Date: Mar 03, 2015
  • Previous Sale Amount: $970,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • First Mortgage Transaction Date: Jun 29, 2022
  • First Mortgage Loan Amount: $2,910,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Mortgage Modification
  • First Mortgage Loan Due Date: Jun 01, 2024

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Frequently Asked Questions

What neighborhood is 600 Parkway Drive located in?
The 600 Parkway Drive is a located in the neighborhood of Old Fourth Ward in Northeast Atlanta, Atlanta.
How many listings are currently for sale in 600 Parkway Drive?
There is one unit for sale right now.
What is the average sales price for listings in 600 Parkway Drive?
The average sales price for units in 600 Parkway Drive is $4,200,000 currently.

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