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711 Piedmont Avenue Northeast

711 Piedmont Avenue Northeast, Atlanta, GA 30308
Property in Midtown
Sold Oct 15, 2020
$3,050,000
$1,975,000 by Quantum National Bank
Mortgage Due Jan 01, 2025
Sold Dec 03, 2009
$700,000
711 Piedmont 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 1928 and is 96 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, 711 Piedmont Avenue Northeast has 12,720 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 11,935 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. According to our sources, there are a total of 32 available parking spaces. 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 C by the local assessor. The exterior walls of the building are made of wood. 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, 711 Piedmont Avenue Northeast sold most recently in Oct 15, 2020 for a total of $3,050,000. If you work out the math, that's approximately a cost of $239.78 per sqft. Before that, the property was also sold for $700,000 in Dec 1, 2009. 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 $46,938 in taxes each year. The initial year of tax delinquency occurred in 2021. 711 Piedmont Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,133,760. If we break it down further, the land itself was valued at $320,000. Improvements to the property, however, were assessed at a total of $813,760. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 16
  • Basement Area: 0
  • Parking Space Count: 32

    Dimensions

  • Lot Size Square Feet: 11,935
  • Total Building Area: 12,720
  • Gross Building Area: 12,720
  • Building Area: 12,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 12,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.274
  • Standard Land Use Code: Garden apt, court apt (5+ units)
  • Legal Description 1: KA APT BLDG 874-9070 OVERRIDE REMOVED 22CB VERIFY RENTAL RATES INC ADJ-AGE

Ownership

  • Current Owner : IGWT ENTERPRISES INC
  • Previous Owner : PANTHEON PIEDMONT LLC
  • Owner Before Previous Owner: IMPERIAL CAP BK
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001203

Zoning

  • Zoning: RG3

Geography

  • District: 05
  • Parcel: 14 004900100119
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7739
  • Longitude: -84.3812

    Address

  • Full Address: 711 Piedmont Ave Ne
  • Address - House Number: 711
  • Street Segment Direction: NE
  • Address - Street Name: Piedmont
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C013
  • 4-Digit Zip Code: 1456
  • Zip Code: 30308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,938
  • 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: 2,546,455
  • High Value: 3,577,783
  • Low Value: 1,515,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,975,000
  • First Open Lien Mortgage Lender: QUANTUM NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 15, 2020
  • First Open Lien Mortgage Loan Amount: $1,975,000
  • First Open Lien Mortgage Term: 50
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2025

    Market Valuation

  • Market Total Value: $2,834,400
  • Market Land Value: $800,000
  • Market Improvement Value: $2,034,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,133,760
  • Assessed Land Value: $320,000
  • Assessed Improvements Value: $813,760

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Transaction ID: 11795803689
  • Current Sale Price: $3,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-040230
  • Previous Sale Recording Date: Dec 03, 2009
  • Previous Sale Contract Date: Dec 01, 2009
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: QUANTUM NATIONAL BANK
  • First Mortgage Transaction Date: Oct 15, 2020
  • First Mortgage Loan Amount: $1,975,000
  • First Mortgage Terms: 50
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2025

About Northeast Atlanta



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Frequently Asked Questions

What neighborhood is 711 Piedmont Avenue Northeast located in?
The 711 Piedmont Avenue Northeast is a located in the neighborhood of Midtown in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 711 Piedmont Avenue Northeast?
The average sales price for units in 711 Piedmont Avenue Northeast is $0 currently.

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