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781 Penn Avenue Northeast

781 Penn Avenue Northeast, Atlanta, GA 30308
Property in Midtown
Sold Jun 10, 2021
$1,075,000
$860,000 by Ally Bank
Mortgage Due Jan 01, 2051
Sold Sep 14, 2007
$675,000
$417,000 by Synovus Mtg Corp
Mortgage Due Sep 10, 2037
781 Penn 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 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1975. 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. The building has a total of 2 stories. In addition, 781 Penn Avenue Northeast has 4,465 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 6,752 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. According to our sources, there are a total of 2 available parking spaces. 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 B+ 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 heating system and being fueled with 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, 781 Penn Avenue Northeast was last sold in Jun 10, 2021 for $1,075,000. According to our calculations, that's $240.76 per sqft. Prior to that sales transaction, the property was sold for $675,000 in Sep 10, 2007. Current property owners are expected to pay $15,217 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 781 Penn Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $610,640. To break that down further, the land itself was valued at $112,440. While improvements to the property were assessed at a total of $498,200. 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.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1975
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 4,465
  • Building Area: 4,465
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,465
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.155
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MIDTOWN CB FOR ADDITIONS 222

Ownership

  • Current Owner : CHRISTOPHER DANIEL
  • Current Owner 2: SOSA TATIANA
  • Previous Owner : KURA MICHIKO
  • Owner Before Previous Owner: ROBIN PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001204

Zoning

  • Zoning: R5

Geography

  • Account Number: 2549882
  • District: 05
  • Parcel: 14 004900060404
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.776
  • Longitude: -84.3784

    Address

  • Full Address: 781 Penn Ave Ne
  • Address - House Number: 781
  • Street Segment Direction: NE
  • Address - Street Name: Penn
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C029
  • 4-Digit Zip Code: 1526
  • Zip Code: 30308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,217
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 1,311,062
  • High Value: 1,554,091
  • Low Value: 1,068,032

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $860,000
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Jun 10, 2021
  • First Open Lien Mortgage Loan Amount: $860,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $1,526,600
  • Market Land Value: $281,100
  • Market Improvement Value: $1,245,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $610,640
  • Assessed Land Value: $112,440
  • Assessed Improvements Value: $498,200

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Transaction ID: 11840865965
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-027172
  • Previous Sale Recording Date: Sep 14, 2007
  • Previous Sale Contract Date: Sep 10, 2007
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLY BANK
  • First Mortgage Transaction Date: Jun 10, 2021
  • First Mortgage Loan Amount: $860,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SYNOVUS MTG CORP
  • Previous Mortgage Transaction Date: Sep 14, 2007
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 10, 2037

About Northeast Atlanta



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Frequently Asked Questions

What neighborhood is 781 Penn Avenue Northeast located in?
The 781 Penn Avenue Northeast is a located in the neighborhood of Midtown in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 781 Penn Avenue Northeast?
The average sales price for units in 781 Penn Avenue Northeast is $0 currently.

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