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871 Margaret Place Northwest

871 Margaret Place Northwest, Atlanta, GA 30318
House in Grove Park
Sold Oct 23, 2020
$315,000
$252,000 by Success Mortgage Partners
Mortgage Due Jan 01, 2050
Sold Oct 31, 2018
$55,000
$169,500 by Bbt Series Xvi
Mortgage Due Jan 01, 2019
871 Margaret Place Northwest in Atlanta, GA was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 2018. 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. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 871 Margaret Place Northwest has 1,971 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 11,761 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 garage underground or in the basement. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of block. 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 electric heaters and being fueled with electricity. 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, 871 Margaret Place Northwest sold most recently in Oct 23, 2020 for a total of $315,000. If you work out the math, that's approximately a cost of $159.82 per sqft. Before that, the property was also sold for $55,000 in Oct 31, 2018. 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 $9,722 in taxes each year. The initial year of tax delinquency occurred in 2019. 871 Margaret Place Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $234,840. If we break it down further, the land itself was valued at $27,280. Improvements to the property, however, were assessed at a total of $207,560. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2018
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Excellent
  • Building Quality: C+
  • Building Style: Conventional
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,971
  • Building Area: 1,971
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,971
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GROVE PARK
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GROVE PARK RENOVATED FOR SALE 364,000 UPDATE DATA CLOSE PERMIT FMLS

Ownership

  • Current Owner : MADIGAN ANDREW
  • Previous Owner : ADR1ASSIST LLC
  • Owner Before Previous Owner: BELFARE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 008500

Zoning

  • Zoning: R4

Geography

  • District: 05
  • Parcel: 14 017600070085
  • Block: 19
  • Lot: 302
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7785
  • Longitude: -84.4497

    Address

  • Full Address: 871 Margaret Pl Nw
  • Address - House Number: 871
  • Street Segment Direction: NW
  • Address - Street Name: Margaret
  • Address - Suffix Type: Pl
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C030
  • 4-Digit Zip Code: 4844
  • Zip Code: 30318

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,722
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 05V

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 461,797
  • High Value: 563,662
  • Low Value: 359,932

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: SUCCESS MORTGAGE PARTNERS
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $252,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $587,100
  • Market Land Value: $68,200
  • Market Improvement Value: $518,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,840
  • Assessed Land Value: $27,280
  • Assessed Improvements Value: $207,560

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11799385772
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-040732
  • Previous Sale Recording Date: Oct 31, 2018
  • Previous Sale Contract Date: Oct 31, 2018
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS MORTGAGE PARTNERS
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BBT SERIES XVI
  • Previous Mortgage Transaction Date: Oct 31, 2018
  • Previous Mortgage Loan Amount: $169,500
  • Previous Mortgage Term: 1
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2019

About Northwest Atlanta



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Nearby Rentals

Unit for rent at

$2,800 /mo

  • 3 Beds
  • 2 Baths
Listing by Danielle McCurdy
Unit for rent at

$2,995 /mo

  • 4 Beds
  • 2 Baths
  • 2,165 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 871 Margaret Place Northwest located in?
The 871 Margaret Place Northwest is a house located in the neighborhood of Grove Park in Northwest Atlanta, Atlanta.
What is the average sales price for listings in 871 Margaret Place Northwest?
The average sales price for units in 871 Margaret Place Northwest is $329,900 currently.

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