NOT LISTED FOR SALE

505 Ethel St NW Atlanta, GA 30318

Home Park Neighborhood

Estimated Value: $550,633 - $963,000

4 Beds
2 Baths
1,596 Sq Ft
$420/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $254,100 $159 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,968/month

74 Days on Market

Highlights

  • 0.33 Acre Lot
  • Detached Garage
  • Level Lot
  • Midtown High School Rated A+
  • Central Heating

About This Home

As of January 2015

Lovely Duplex located in Home Park area of Atlanta. Each unit is has a mirror image floor plan which includes a family room with a fireplace, a bright open kitchen with a breakfast area, 2 bedrooms and 1 bath. Both exteriors include a front porch and a back deck. Conveniently located near GA Tech, Atlantic Station, highways, and Midtown. Unit 505 is currently tenant occupied and tenant has been there for over 2 years. Unit 507 has stainless steel appliances and granite countertops.

Last Agent to Sell the Property

Jude Rasmus

Rasmus Real Estate Group, Inc. License #172211 Listed on: 09/26/2014

Last Buyer's Agent

Mohammed Haque

Chapman Hall Realtors License #314837

Chapman Hall Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,348

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Driveway

Schools

  • Centennial Place Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 505EthelSTNW
  • Tax Block 48

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,348

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1920
  • Special Features: None

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Detached, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Electric

Schools

  • Elementary School: Centennial Place
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.3300
  • Land/Lot: 149
  • Lot Features: Level
  • Lot Dimensions: .17
  • Parcel Number: 505EthelSTNW
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 2

Tax Info

  • Taxes: 2348.00
  • Assessor Parcel Number: 17-0149-0002-021
  • Close Date: 2015-01-21
  • Tax Year: 2013

MLS Schools

  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Jan 21, 2015
Sold by
Akter Ruma
Bought by
Akter Ruma and Akter Nargis
Seller's Agent
Jude Rasmus
Rasmus Real Estate Group, Inc.
Buyer's Agent
Mohammed Haque
Chapman Hall Realtors
List Price
$265,000
Sold Price
$254,100
Premium/Discount to List
-$10,900
-4.11%
Current Estimated Value
$670,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,308
Avg. Annual Appreciation
9.55%
Original Mortgage
$176,250
Outstanding Balance
$136,078
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$534,331

Purchase Details

Closed on
Aug 7, 2012
Sold by
Jpmorgan Chase Bnak Nation
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Mar 3, 2004
Sold by
Lubbers Alice G
Bought by
Mccurley Dixie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2001
Sold by
Lubbers Alvin A
Bought by
Lubbers Alice G
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Akter Ruma -- --
Akter Ruma $254,100 --
Federal National Mtg Associati $199,601 --
Jpmorgan Chase Bank National A -- --
Mccurley Dixie $210,000 --
Lubbers Alice G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akter Ruma $176,250
Closed Akter Ruma $176,250
Previous Owner Mccurley Dixie $75,100
Previous Owner Mccurley Dixie $270,000
Previous Owner Mccurley Dixie $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2015 01/21/15 Sold $254,100 -4.1% $159 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $265,000 -- $166 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,117 $203,160 $79,600 $123,560
2023 $7,919 $191,280 $47,320 $143,960
2022 $4,502 $191,280 $47,320 $143,960
2021 $4,074 $174,440 $58,680 $115,760
2020 $3,762 $161,160 $64,000 $97,160
2019 $917 $158,320 $62,880 $95,440
2018 $3,623 $129,720 $24,320 $105,400
2017 $2,843 $101,640 $32,000 $69,640
2016 $2,840 $101,640 $32,000 $69,640
2015 $3,941 $71,520 $22,520 $49,000
2014 -- $71,520 $22,520 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Jude Rasmus

    Seller's Agent in 2015

    Jude Rasmus

    Rasmus Real Estate Group, Inc.

    (470) 412-9357

    724 Total Sales

    Jude Rasmus
    Section Image
  • Mohammed Haque

    Buyer's Agent in 2015

    Mohammed Haque

    Chapman Hall Realtors

    (678) 914-9927

    68 Total Sales

    Mohammed Haque
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5348796

First Multiple Listing Service (FMLS)

APN: 17-0149-0002-021-0

Georgia Fulton County Atlanta 30318 Home Park

505 Ethel St NW, Atlanta, GA

This home is located at 505 Ethel St NW, Atlanta, GA 30318 since 26 September 2014 and is currently estimated at $670,408, approximately $420 per square foot. This property was built in 1920. 505 Ethel St NW is a home located in Fulton County with nearby schools including Midtown High School, Centennial Academy, and KIPP WAYS Academy.

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