Check Availability

547 Ponce De Leon Avenue Northeast

547 Ponce De Leon Avenue Northeast, Atlanta, GA 30308
Property in Old Fourth Ward
1 Units For Sale
Unit for sale at 547 Ponce De Leon Avenue NE, Atlanta, GA 30308

$3,000,000

  • Commercial
  • 5,250 ft²
547 Ponce De Leon Avenue NE, Atlanta, GA 30308 Listing by William Shoemaker

Local assessors in Atlanta, GA have categorized 547 Ponce De Leon Avenue Northeast as a office type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 2011. The property's lot size has been calculated to be 20,517 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 547 Ponce De Leon Avenue Northeast has a total of 5,250 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 547 Ponce De Leon Avenue Northeast is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. Lots of wood were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 547 Ponce De Leon Avenue Northeast was last sold in Mar 10, 2020 for $2,650,000. According to our calculations, that's $504.76 per sqft. Prior to that sales transaction, the property was sold for $970,000 in Sep 30, 2003. Current property owners are expected to pay $0 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 547 Ponce De Leon Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $625,280. To break that down further, the land itself was valued at $417,680. While improvements to the property were assessed at a total of $207,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Business/Commerical Units Count: 33
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,517
  • Total Building Area: 5,250
  • Gross Building Area: 5,250
  • Building Area: 5,250
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Land Acres: 0.471
  • Standard Land Use Code: Office bldg (multi-story)
  • Legal Description 1: KA TILLMAN ASSOCIATES FC VERIFIED LAW OFFICE BLDG 721 NEWLY RENOVATED OFFICEVERIFIED 11918

Ownership

  • Current Owner : MCMANAMY MCLEOD HELLER LLC
  • Previous Owner : PONCE PROPERTY PARTNERS LLC
  • Owner Before Previous Owner: SHIRLEY BUDD INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001302

Zoning

  • Zoning: C2

Geography

  • District: 05
  • Parcel: 14 004800120555
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7734
  • Longitude: -84.3691

    Address

  • Full Address: 547 Ponce De Leon Ave Ne
  • Address - House Number: 547
  • Street Segment Direction: NE
  • Address - Street Name: Ponce De Leon
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C028
  • 4-Digit Zip Code: 1880
  • Zip Code: 30308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 05TT

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,252,500
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Mar 10, 2020
  • First Open Lien Mortgage Loan Amount: $2,252,500
  • First Open Lien Mortgage Term: 117
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2030

    Market Valuation

  • Market Total Value: $1,563,200
  • Market Land Value: $1,044,200
  • Market Improvement Value: $519,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $625,280
  • Assessed Land Value: $417,680
  • Assessed Improvements Value: $207,600

    Sales

  • Current Sale Contract Date: Mar 10, 2020
  • Current Sale Recording Date: Mar 10, 2020
  • Current Sale Transaction ID: 11754502903
  • Current Sale Price: $2,650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-009326
  • Previous Sale Recording Date: Oct 03, 2003
  • Previous Sale Contract Date: Sep 30, 2003
  • Previous Sale Amount: $970,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Mar 10, 2020
  • First Mortgage Loan Amount: $2,252,500
  • First Mortgage Terms: 117
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA BK
  • Previous Mortgage Transaction Date: Oct 03, 2003
  • Previous Mortgage Loan Amount: $873,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 30, 2008

About Northeast Atlanta



Similar Buildings

Property at 547 Ponce De Leon Avenue Northeast,

673 Kennesaw Avenue Northeast

  • 1 Unit for Sale
  • 1 Story
673 Kennesaw Avenue Northeast, Atlanta, GA 30308
Property at 547 Ponce De Leon Avenue Northeast,

645 Kennesaw Avenue Northeast

  • 1 Unit for Sale
  • 1 Story
645 Kennesaw Avenue Northeast, Atlanta, GA 30308
Property at 547 Ponce De Leon Avenue Northeast,

640 Glen Iris Drive Northeast

  • 3 Units for Sale
  • 1 Story
640 Glen Iris Drive Northeast, Atlanta, GA 30308
Property at 547 Ponce De Leon Avenue Northeast,

620 Glen Iris Drive Northeast

  • 3 Units for Sale
  • 1 Story
620 Glen Iris Drive Northeast, Atlanta, GA 30308
Property at 547 Ponce De Leon Avenue Northeast,

590 Glen Iris Drive Northeast

  • 1 Unit for Sale
  • 1 Story
590 Glen Iris Drive Northeast, Atlanta, GA 30308
Property at 547 Ponce De Leon Avenue Northeast,

770 Monroe Drive Northeast

  • 1 Unit for Sale
  • 1 Story
770 Monroe Drive Northeast, Atlanta, GA 30308
Property at 547 Ponce De Leon Avenue Northeast,

706 Charles Allen Drive Northeast

  • 1 Unit for Sale
  • 1 Story
706 Charles Allen Drive Northeast, Atlanta, GA 30308
Property at 547 Ponce De Leon Avenue Northeast,

560 Morgan Street Northeast

  • 1 Unit for Sale
  • 2 Stories
560 Morgan Street Northeast, Atlanta, GA 30308
Property at 547 Ponce De Leon Avenue Northeast,

600 Parkway Drive

  • 1 Unit for Sale
  • 1 Story
600 Parkway Drive, Atlanta, GA 30308

Nearby Rentals

Unit for rent at 40 12th Street, Atlanta, GA, 30309

$7,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,525 ft²
40 12th Street #1401, Atlanta, GA, 30309 Listing by Elizabeth Bairstow
Unit for rent at 680 Drewry Street Ne, Atlanta, GA, 30306

$10,000 /mo

  • 4 Beds
  • 3.5 Baths
  • 3,195 ft²
680 Drewry Street Ne, Atlanta, GA, 30306 Listing by Hasan Pasha
Unit for rent at 700 Rankin Street Ne, Atlanta, GA, 30308

$8,901 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,754 ft²
700 Rankin Street Ne #M11, Atlanta, GA, 30308 Listing by Aurielle Lee
Unit for rent at 199 14th Street Ne, Atlanta, GA, 30309

$2,700 /mo

  • 1 Bed
  • 1.5 Baths
  • 1,222 ft²
199 14th Street Ne #2908, Atlanta, GA, 30309 Listing by Darrell L Ford
Unit for rent at 175 Sampson Street Ne, Atlanta, GA, 30312

$8,950 /mo

  • 4 Beds
  • 3.5 Baths
  • 3,201 ft²
175 Sampson Street Ne, Atlanta, GA, 30312 Listing by Hasan Pasha
Unit for rent at 1400 Peachtree Street, Atlanta, GA, 30309

$9,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,459 ft²
1400 Peachtree Street #2721, Atlanta, GA, 30309 Listing by Hasan Pasha
Unit for rent at 781 Greenwood Avenue Ne, Atlanta, GA, 30306

$9,950 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,760 ft²
781 Greenwood Avenue Ne, Atlanta, GA, 30306 Listing by Atlanta Lux Living

Frequently Asked Questions

What neighborhood is 547 Ponce De Leon Avenue Northeast located in?
The 547 Ponce De Leon Avenue Northeast is a located in the neighborhood of Old Fourth Ward in Northeast Atlanta, Atlanta.
How many listings are currently for sale in 547 Ponce De Leon Avenue Northeast?
There is a listing currently on the market for sale.
What is the average sales price for listings in 547 Ponce De Leon Avenue Northeast?
The average sales price for units in 547 Ponce De Leon Avenue Northeast is $3,000,000 , or $571/sqft. currently.

Quantcast