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862 Parsons Street Southwest

862 Parsons Street Southwest, Atlanta, GA 30314
Sold Jan 07, 2021
$300,000
Buyer
Seller
$500,000 by Citizens Trust Bank
Mortgage Due Aug 01, 2027
Sold May 05, 2017
$305,000
Local assessors in Atlanta, GA have categorized 862 Parsons Street Southwest as a residential type of property. The home was built in 2002 and is 22 years old. It was most recently renovated and altered in 2018. The property's lot size has been calculated to be 4,182 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 862 Parsons Street Southwest has a total of 3,300 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home has been utilizing electricity for fuel. 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, 862 Parsons Street Southwest was last sold in Jan 7, 2021 for $300,000. According to our calculations, that's $90.91 per sqft. Prior to that sales transaction, the property was sold for $305,000 in May 5, 2017. Current property owners are expected to pay $4,968 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 862 Parsons Street Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $120,000. To break that down further, the land itself was valued at $22,440. While improvements to the property were assessed at a total of $97,560. 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. 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. 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: 2002
  • Effective Year Built: 2018
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,182
  • Total Building Area: 3,300
  • Building Area: 3,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,300
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NOT STATED
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOLD 1721

Ownership

  • Current Owner : HENRY GIRVAN
  • Previous Owner : JMREP 24 LLC
  • Owner Before Previous Owner: PINKNEY ROLAND
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 003800

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 010900031113
  • Block: D
  • Lot: 2
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7506
  • Longitude: -84.4158

    Address

  • Full Address: 862 Parsons St Sw
  • Address - House Number: 862
  • Street Segment Direction: SW
  • Address - Street Name: Parsons
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C011
  • 4-Digit Zip Code: 3754
  • Zip Code: 30314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,968
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2074
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 432,497
  • High Value: 522,229
  • Low Value: 342,766

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: CITIZENS TRUST BANK
  • First Open Lien Mortgage Recording Date: Sep 21, 2022
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Mortgage Modification
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2027

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $56,100
  • Market Improvement Value: $243,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,000
  • Assessed Land Value: $22,440
  • Assessed Improvements Value: $97,560

    Sales

  • Current Sale Contract Date: Jan 07, 2021
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Transaction ID: 11818468487
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-001819
  • Previous Sale Recording Date: May 05, 2017
  • Previous Sale Contract Date: May 05, 2017
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 862 Parsons Street Southwest located in?
The 862 Parsons Street Southwest is a located in the neighborhood of Atlanta University Center in Intown South, Atlanta.
What is the average sales price for listings in 862 Parsons Street Southwest?
The average sales price for units in 862 Parsons Street Southwest is $0 currently.

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