See Home Value
$297,000 - $363,000
House - Off Market

991 Michigan Avenue NW

Atlanta, GA 30314
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1326 Sqft
Sold Aug 14, 2018
$92,000
$190,000 by Banksouth Mortgage
Mortgage Due Jan 01, 2049
Sold Aug 13, 2018
$70,500

About This Property

Great investment property with long-term tenant until February 2024. This 3/2 has off-street parking, hardwood floors throughout, S/S appliances, and more! The fenced back yard and deck make for a great entertaining space! Less than 1 mile to Morris Brown College, Clark Atlanta University; less than 1.5 miles to Spelman and Morehouse Colleges and Mercedes-Benz Stadium; about 2.5 miles to Georgia Tech. Under 1/2 mile to Washington Park Tennis Center and the Atlanta Westside Beltline Trail. Endless possibilities with this investment!

The manager has listed the unit size as 1326 square feet.
Unit Size
1,326Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$249
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Apr 19, 2024 No longer available -
No longer available
Mar 31, 2024 Relisted $370,000
Relisted
Mar 31, 2024 Price Decreased $330,000
↓ $40K (10.8%)
Price Decreased
Jan 22, 2024 No longer available -
No longer available
Oct 12, 2023 Listed $370,000
Listed
Great investment property with long-term tenant until February 2024. This 3/2 has off-street parking, hardwood floors throughout, S/S appliances, and more! The fenced back yard and deck make for a great entertaining space! Less than 1 mile to Morris Brown College, Clark Atlanta University; less than 1.5 miles to Spelman and Morehouse Colleges and Mercedes-Benz Stadium; about 2.5 miles to Georgia Tech. Under 1/2 mile to Washington Park Tennis Center and the Atlanta Westside Beltline Trail…

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2016
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Excellent
  • Building Quality: C+
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,530
  • Total Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,326
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GATE
  • Land Acres: 0.104
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AN FC UPDATED RECORDS. PU ADD NW 1119 GATE LOCKEDRECENTLY RENOVATED VERIFIED DATA PU ADD

Ownership

  • Current Owner : EE & M LLC
  • Previous Owner : SOUTHERN STATE INVESTMENTS LLC
  • Owner Before Previous Owner: WMAC 2013 LLC
  • Ownership Rights Codes: Revocable Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 002400

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 011500061252
  • Lot: 9
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7589
  • Longitude: -84.4201

    Address

  • Full Address: 991 Michigan Ave Nw
  • Address - House Number: 991
  • Street Segment Direction: NW
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C025
  • 4-Digit Zip Code: 2801
  • Zip Code: 30314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,400
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.0884
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 360,103
  • High Value: 391,936
  • Low Value: 328,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: BANKSOUTH MORTGAGE
  • First Open Lien Mortgage Recording Date: May 24, 2019
  • First Open Lien Mortgage Loan Amount: $190,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $205,300
  • Market Land Value: $67,500
  • Market Improvement Value: $137,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,120
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $55,120

    Sales

  • Current Sale Contract Date: Aug 14, 2018
  • Current Sale Recording Date: Aug 14, 2018
  • Current Sale Transaction ID: 11504739374
  • Current Sale Price: $92,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-033422
  • Previous Sale Recording Date: Aug 13, 2018
  • Previous Sale Contract Date: Aug 13, 2018
  • Previous Sale Amount: $70,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SHERMAN BRIDGE ALT FUND
  • First Mortgage Transaction Date: Aug 14, 2018
  • First Mortgage Loan Amount: $145,600
  • First Mortgage Terms: 4
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2019



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,186 ft²
$249/ft²
$295,000 Mar 26, 2024
-
$292/mo
House
3 Beds
2 Baths
1,206 ft²
$278/ft²
$335,000 Jan 10, 2024
-
-
House
3 Beds
1 Bath
1,140 ft²
$232/ft²
$265,000 Feb 22, 2024
-
$3/mo
House
3 Beds
2 Baths
1,708 ft²
$193/ft²
$329,000 Jan 16, 2024
-
$300/mo
House
3 Beds
2 Baths
1,700 ft²
$229/ft²
$389,000 Jan 30, 2024
-
-
House
3 Beds
1 Bath
1,720 ft²
$167/ft²
$287,000 Mar 20, 2024
-
$369/mo
House
3 Beds
2.5 Baths
1,800 ft²
$166/ft²
$299,000 Nov 8, 2023
-
-
House
4 Beds
2 Baths
1,317 ft²
$277/ft²
$365,000 Mar 20, 2024
-
-
House
4 Beds
2 Baths
1,317 ft²
$281/ft²
$370,000 Mar 20, 2024
-
-
House
4 Beds
2 Baths
1,024 ft²
$293/ft²
$300,000 Jan 24, 2024
-
$286/mo
House
2 Beds
1 Bath
1,124 ft²
$236/ft²
$265,000 Aug 30, 2023
-
$5/mo
House
2 Beds
1 Bath
896 ft²
$313/ft²
$280,000 Jan 13, 2024
-
$254/mo

About Northwest Atlanta


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Frequently Asked Questions

When was property at 991 Michigan Avenue Northwest built and last sold?
The property at 991 Michigan Avenue Northwest was built in 1930 and last sold on Aug 14, 2018 for $92,000.
How much is this home worth?
The estimated value of the home located at 991 Michigan Avenue Northwest is $372,113.
What are some comparable homes to 991 Michigan Avenue Northwest?
Homes that are comparable to 991 Michigan Avenue Northwest include a house property at 64 Rockmart Drive Northwest, 437 Chappell Road Northwest, 827 Drummond Street Southwest.

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