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842 Glendale Terrace Northeast

842 Glendale Terrace Northeast, Atlanta, GA 30308
Property in Midtown
Sold Dec 29, 2022
Transfer
$1,500,000 by Trophy Point Investment Group
Mortgage Due Dec 01, 2024
Sold Jan 15, 2016
$1,075,000
842 Glendale Terrace Northeast in Atlanta, GA was first built in 1959 and is 65 years old. This has been categorized as a residential property type. It is a single story home. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 842 Glendale Terrace Northeast has 6,960 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 16,509 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. There are a total of 10 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of wood. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $1,075,000 in Jan 15, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $29,492 in taxes each year. 842 Glendale Terrace Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $720,200. If we break it down further, the land itself was valued at $160,000. Improvements to the property, however, were assessed at a total of $560,200. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 10
  • Basement Area: 0
  • Parking Space Count: 10

    Dimensions

  • Lot Size Square Feet: 16,509
  • Total Building Area: 6,960
  • Building Area: 6,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GLENDALE TERRACE
  • Land Acres: 0.379
  • Standard Land Use Code: Garden apt, court apt (5+ units)
  • Legal Description 1: KA 842 GLENDALE TERRACE UN 10X1B 624SF PR AC IM

Ownership

  • Current Owner : BURNT ORANGE ORANGUTAN LLC
  • Previous Owner : ELMHURST CAPITAL RESIDENTIAL REAL ESTATE
  • Owner Before Previous Owner: PRIVATE PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001301

Zoning

  • Zoning: R5

Geography

  • Account Number: 0986526
  • District: 05
  • Parcel: 14 004800010855
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7776
  • Longitude: -84.3768

    Address

  • Full Address: 842 Glendale Ter Ne
  • Address - House Number: 842
  • Street Segment Direction: NE
  • Address - Street Name: Glendale
  • Address - Suffix Type: Ter
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C018
  • 4-Digit Zip Code: 1633
  • Zip Code: 30308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,492
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 1,042,485
  • High Value: 1,464,697
  • Low Value: 620,272

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: TROPHY POINT INVESTMENT GROUP
  • First Open Lien Mortgage Recording Date: Dec 29, 2022
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Mortgage Modification
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2024

    Market Valuation

  • Market Total Value: $1,800,500
  • Market Land Value: $400,000
  • Market Improvement Value: $1,400,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $720,200
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $560,200

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Transaction ID: 11900565784
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-051688
  • Previous Sale Recording Date: Jan 15, 2016
  • Previous Sale Contract Date: Jan 15, 2016
  • Previous Sale Amount: $1,075,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TROPHY POINT INVESTMENT GROUP
  • First Mortgage Transaction Date: Dec 29, 2022
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Mortgage Modification
  • First Mortgage Loan Due Date: Dec 01, 2024

About Northeast Atlanta



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Frequently Asked Questions

What neighborhood is 842 Glendale Terrace Northeast located in?
The 842 Glendale Terrace Northeast is a located in the neighborhood of Midtown in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 842 Glendale Terrace Northeast?
The average sales price for units in 842 Glendale Terrace Northeast is $0 currently.

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