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Closed
    • $550,000

    949 Ormewood Ter SE, Atlanta, GA 30316

    4beds
    2baths
    --sqft
    Duplex, Residential Income
    Built in 1948
    -- sqft lot
    $568,500 Zestimate®
    $--/sqft
    $2,660 Estimated rent

    Home value

    $568,500

    $523,000 - $625,000

    $2,660/mo

    Zestimate® history
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    What's special

    Introducing this unique duplex located at 949 Ormewood Terrace units A&B . This is not your run of the mill side by side duplex. This duplex has distinct entrances on separate sides. Offering the ultimate privacy for you and/or your tenants. Currently generating a monthly gross revenue of $3998. Situated in the desirable Ormewood Park/ Liddell Estates. This property is conveniently located 1.2 miles from Grant Park/Zoo Atlanta . Also conveniently located near Downtown Atlanta. As a bonus this property has a large detached garage that the tenants do not have access to. It can be used for storage or to generate extra income. Both units are tenant occupied.Do not disturb or walk around the property. Both units are individually metered for electricity , water is included in the rent. No seller or creative financing . No seller disclosure . The seller never lived in the duplex no Subjects to's or any other creative financing . Must present POF to view the home. Unit A lease expires 4/30/25 ($2013 per month) unit B is on a month to month ($1985)

    Zillow last checked:

    Listing updated:

    Listed by:

    Neysa Eberhart,

    Luxury Real Estate Brokers of Atlanta, LLC

    Bought with:

    Austin Whitaker, 410138

    Fathom Realty GA, LLC

    Source: FMLS GA,MLS#: 7465352MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Features
    • Windows: None

    Property

    Parking
    • Total spaces: 4
    • Parking features: Varies by Unit
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: No Dock
    • Fencing: Back Yard
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 7,849 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 14 001000050020

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Residential Income
    Materials
    • Block, Brick
    • Roof: Tar/Gravel
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private
    • Utilities for property: Electricity Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: Other
    • Security: None
    • Subdivision: Ormewood Park
    HOA
    • Has HOA: No
    Location
    • Region: Atlanta

    Financial & listing details

    • Tax assessed value: $583,700
    • Annual tax amount: $8,770
    • Date on market: 10/3/2024
    • Cumulative days on market: 83 days
    • Listing terms: Cash,Conventional,FHA
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/2/2024Sold$550,000-4.3%
    Source: FMLS GA #7465352 Report a problem
    10/3/2024Listed for sale$575,000-8%
    Source: FMLS GA #7465352 Report a problem
    10/1/2024Listing removed$625,000
    Source: FMLS GA #7445784 Report a problem
    8/29/2024Listed for sale$625,000
    Source: GAMLS #10365819 Report a problem
    8/27/2024Listing removed--
    Source: GAMLS #10345496 Report a problem
    7/26/2024Listed for sale$625,000-2.3%
    Source: GAMLS #10345496 Report a problem
    7/24/2024Listing removed$640,000
    Source: FMLS GA #7402553 Report a problem
    6/12/2024Listed for sale$640,000+53.8%
    Source: FMLS GA #7402553 Report a problem
    8/8/2019Sold$416,000-4.4%
    Source: GAMLS #8594981 Report a problem
    7/31/2019Pending sale$435,000
    Source: Village Realty #8594956 Report a problem
    7/27/2019Listed for sale$435,000
    Source: Village Realty #8594956 Report a problem
    7/21/2019Pending sale$435,000
    Source: Village Realty #6562475 Report a problem
    6/1/2019Listed for sale$435,000+85.1%
    Source: Village Realty #6562475 Report a problem
    3/22/2004Sold$235,000+63.2%
    Source: Public Record Report a problem
    2/12/1999Sold$144,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,559 +39.9%$233,480 +9%
    2023$6,832 -21.2%$214,160
    2022$8,667 +16.1%$214,160 +16.3%
    2021$7,462 +9.1%$184,200 +11.5%
    2020$6,841 +59.7%$165,240 +106.5%
    2019$4,284 $80,000
    2018$4,284 $80,000
    2017$4,284 -4.9%$80,000 -16.9%
    2016$4,505 -12.4%$96,240
    2015$5,142 $96,240
    2014-- $96,240 +6.6%
    2013$3,981 -0.7%$90,240
    2012$4,009 $90,240 -3.7%
    2011-- $93,680
    2010$4,137 $93,680 -5.9%
    2009-- $99,560
    2008-- $99,560 -0.1%
    2007$4,233 +13.8%$99,680 +6.8%
    2005$3,719 $93,360
    Find assessor info on the county website

    Neighborhood: Ormewood Park

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Parkside
    • Middle: Martin L. King Jr.
    • High: Maynard Jackson

    Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $568,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $568,500

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