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831 Lake Avenue

831 Lake Avenue, Atlanta, GA 30307
Property in Inman Park
Sold Jun 02, 2010
$785,000
$410,000 by Wells Fargo Bank Na
Mortgage Due Feb 22, 2043
Sold Oct 01, 2004
$149,000
831 Lake Avenue in Atlanta, GA was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 831 Lake Avenue has 3,145 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,922 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. The garage is 260 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of A-. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 831 Lake Avenue sold most recently in May 21, 2010 for a total of $785,000. If you work out the math, that's approximately a cost of $249.60 per sqft. Before that, the property was also sold for $149,000 in Sep 22, 2004. 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 $15,732 in taxes each year. 831 Lake Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $380,000. If we break it down further, the land itself was valued at $70,520. Improvements to the property, however, were assessed at a total of $309,480. 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!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: 2007
  • Effective Year Built: 2007
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Good
  • Building Quality: A-
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 260
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,922
  • Total Building Area: 3,145
  • Building Area: 3,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,145
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HALE & STRICKLAND
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REMODELED REC. ROOM

Ownership

  • Current Owner : JACKSON TERRY D
  • Current Owner 2: JACKSON BRIDGET
  • Previous Owner : ZINN ED
  • Owner Before Previous Owner: SUMMIT FUNDING LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 003000

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 001900090159
  • Lot: 52
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7592
  • Longitude: -84.3603

    Address

  • Full Address: 831 Lake Ave Ne
  • Address - House Number: 831
  • Street Segment Direction: NE
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C010
  • 4-Digit Zip Code: 2427
  • Zip Code: 30307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,732
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 1,409,797
  • High Value: 1,703,571
  • Low Value: 1,116,022

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $958,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 22, 2013
  • First Open Lien Mortgage Loan Amount: $410,000
  • 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: Feb 22, 2043
  • Second Open Lien Mortgage Lender: MORTGAGE FIRM
  • Second Open Lien Mortgage Recording Date: Feb 26, 2021
  • Second Open Lien Mortgage Loan Amount: $548,250
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $950,000
  • Market Land Value: $176,300
  • Market Improvement Value: $773,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,000
  • Assessed Land Value: $70,520
  • Assessed Improvements Value: $309,480

    Sales

  • Current Sale Contract Date: May 21, 2010
  • Current Sale Recording Date: Jun 02, 2010
  • Current Sale Transaction ID: 1129640773
  • Current Sale Price: $785,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 01, 2004
  • Previous Sale Contract Date: Sep 22, 2004
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BK NA
  • First Mortgage Transaction Date: Jun 02, 2010
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 21, 2040

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Frequently Asked Questions

What neighborhood is 831 Lake Avenue located in?
The 831 Lake Avenue is a located in the neighborhood of Inman Park in Eastside, Atlanta.
What is the average sales price for listings in 831 Lake Avenue?
The average sales price for units in 831 Lake Avenue is $0 currently.

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