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879 Parsons Street Southwest

879 Parsons Street Southwest, Atlanta, GA 30314
Sold May 17, 2021
$725,000
$510,000 by Truist Bank
Mortgage Due Jan 01, 2026
Sold Jul 10, 2015
$510,000
$382,500 by Citizens Trust Bank
Mortgage Due Jul 10, 2018
879 Parsons Street Southwest 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 2010 and is 14 years old. The home has a total of 12 rooms. 7 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 2 stories. In addition, 879 Parsons Street Southwest has 3,131 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 4,312 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C 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, it is utilizing no heating system and being fueled with gas. 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. 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, 879 Parsons Street Southwest sold most recently in May 17, 2021 for a total of $725,000. If you work out the math, that's approximately a cost of $231.56 per sqft. Before that, the property was also sold for $510,000 in Jan 1, 1970. 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 $10,716 in taxes each year. The initial year of tax delinquency occurred in 2022. 879 Parsons Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $258,840. If we break it down further, the land itself was valued at $33,840. Improvements to the property, however, were assessed at a total of $225,000. 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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
Concrete Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 32
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,312
  • Total Building Area: 3,131
  • Building Area: 3,131
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: None
  • Heated Square Feet: 3,131
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP/STEUERWALD PROP RESUB CORR
  • Land Acres: 0.099
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: AN MEAS VERIFIED 9-01 AN WORK NOT STARTED 0609

Ownership

  • Current Owner : BERKLEY VENTURES LLC
  • Previous Owner : WEI PROPERTIES LLC
  • Owner Before Previous Owner: SPRING CO INC
  • 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 010900030420
  • Lot: 1
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.751
  • Longitude: -84.4164

    Address

  • Full Address: 879 Parsons St Sw
  • Address - House Number: 879
  • Street Segment Direction: SW
  • Address - Street Name: Parsons
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C011
  • 4-Digit Zip Code: 3751
  • Zip Code: 30314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,716
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 787,914
  • High Value: 940,211
  • Low Value: 635,617

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $510,000
  • First Open Lien Mortgage Term: 55
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2026

    Market Valuation

  • Market Total Value: $647,100
  • Market Land Value: $84,600
  • Market Improvement Value: $562,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,840
  • Assessed Land Value: $33,840
  • Assessed Improvements Value: $225,000

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835824837
  • Current Sale Price: $725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-022596
  • Previous Sale Recording Date: Jul 10, 2015
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 55
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2026

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS TRUST BANK
  • Previous Mortgage Transaction Date: Aug 07, 2015
  • Previous Mortgage Loan Amount: $382,500
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 10, 2018

About Intown South



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Nearby Rentals

Unit for rent at

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
Listing by Christopher Littleton
Unit for rent at

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,152 ft²
Listing by Richard Beeman
Unit for rent at

$2,200 /mo

  • 3 Beds
  • 2 Baths
Listing by Richard Beeman
Unit for rent at

$2,395 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,400 ft²
Listing by Manager
Unit for rent at

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 879 Parsons Street Southwest located in?
The 879 Parsons Street Southwest is a multifamily located in the neighborhood of Atlanta University Center in Intown South, Atlanta.
What is the average sales price for listings in 879 Parsons Street Southwest?
The average sales price for units in 879 Parsons Street Southwest is $775,000 currently.

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