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788 Mercer Street Southeast

788 Mercer Street Southeast, Atlanta, GA 30312
House in Grant Park
Sold Jul 21, 2021
$850,000
$769,500 by Synovus Bank
Mortgage Due Jan 01, 2051
Sold Mar 19, 2020
$695,000
$510,400 by Everett Financial
Mortgage Due Jan 01, 2050
788 Mercer Street Southeast 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 2017 and is 7 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 788 Mercer Street Southeast has 2,610 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 8,538 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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 for those who require parking. The garage measured 480 sqft. 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 A- 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. 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. The property was last sold in Jul 21, 2021 for $850,000. That's $325.67 per sqft. Prior to that sales transaction, the property was also sold in Mar 19, 2020 for $695,000. 788 Mercer Street Southeast was last assessed in 2023. The total value of the property was assessed at $357,680. Specifically, the land the property is located on was valued at $65,240. While improvements on the property were assessed at a total of $292,440. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $14,808. The initial tax year of delinquency was in 2022. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Brick Exterior
Concrete Exterior

Parking

Attached Garage
Open Parking
Off Street Parking
Garage Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Excellent
  • Building Quality: A-
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,538
  • Total Building Area: 2,610
  • Building Area: 2,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,610
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ORMEWOOD PARK
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORMEWOOD PARK UPDATED RECORDS. PU ADDS NW 920 REVIEWED PER FMLS NW 920

Ownership

  • Current Owner : PREISS ELIZABETH
  • Current Owner 2: PREISS DAVID
  • Previous Owner : RONDON LEAH AMELIA
  • Owner Before Previous Owner: HOOPER HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 005300

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 002200030457
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7357
  • Longitude: -84.3617

    Address

  • Full Address: 788 Mercer St Se
  • Address - House Number: 788
  • Street Segment Direction: SE
  • Address - Street Name: Mercer
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C001
  • 4-Digit Zip Code: 3541
  • Zip Code: 30312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,808
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 925,376
  • High Value: 1,119,569
  • Low Value: 731,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $769,500
  • First Open Lien Mortgage Lender: SYNOVUS BANK
  • First Open Lien Mortgage Recording Date: Jul 21, 2021
  • First Open Lien Mortgage Loan Amount: $769,500
  • 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: $894,200
  • Market Land Value: $163,100
  • Market Improvement Value: $731,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,680
  • Assessed Land Value: $65,240
  • Assessed Improvements Value: $292,440

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Transaction ID: 11846339701
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-034496
  • Previous Sale Recording Date: Mar 19, 2020
  • Previous Sale Contract Date: Mar 19, 2020
  • Previous Sale Amount: $695,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SYNOVUS BANK
  • First Mortgage Transaction Date: Jul 21, 2021
  • First Mortgage Loan Amount: $769,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL
  • Previous Mortgage Transaction Date: Mar 19, 2020
  • Previous Mortgage Loan Amount: $510,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Eastside



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Nearby Rentals

Unit for rent at

$2,450 /mo

  • 2 Beds
  • 2 Baths
Listing by TOODIE F MURRAY
Unit for rent at

$2,400 /mo

  • 2 Beds
  • 2 Baths
Listing by Shaina Anthony
Unit for rent at

$2,200 /mo

  • 4 Beds
  • 3.5 Baths
  • 1,632 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 788 Mercer Street Southeast located in?
The 788 Mercer Street Southeast is a house located in the neighborhood of Grant Park in Eastside, Atlanta.
What is the average sales price for listings in 788 Mercer Street Southeast?
The average sales price for units in 788 Mercer Street Southeast is $750,000 , or $277/sqft. currently.

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