Charming Cottage in East Lake

kathyandmary:

This Sweet Cottage is Your New Home

Originally posted on Kathy and Mary - Connecting Atlanta:

415 Morgan Place SE
Atlanta, GA 30317
Residential Detached, Cottage – Atlanta, GA
Price : $238,000.00
Bedrooms : 4
Bathrooms : 2.00
Square Foot : 1,700
Community : East Lake
County : Dekalb
Property Type : Single Family
Year Built : 1947
MLS Number : 5507002



click for more information and pictures
Property Description
Eligible for Charles R. Drew Charter School, an Edison Partnership school that focuses on reading and math. This charming cottage is for sale in Atlanta’s historic East Lake neighborhood. This 4 bedroom, 2 bath home was renovated in 2006 and has been lovingly maintained. The home features: a covered, rocking chair front porch; a separate dining room, keeping/breakfast room, and a master suite on the main. The master bedroom has plenty of closet space and access to the outside deck. The master bathroom features double vanities, plenty of under counter storage and a tub/shower combination. There…

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Charming Cottage in East Lake

415 Morgan Place SE
Atlanta, GA 30317
Residential Detached, Cottage – Atlanta, GA
Price : $238,000.00
Bedrooms : 4
Bathrooms : 2.00
Square Foot : 1,700
Community : East Lake
County : Dekalb
Property Type : Single Family
Year Built : 1947
MLS Number : 5507002



click for more information and pictures
Property Description
Eligible for Charles R. Drew Charter School, an Edison Partnership school that focuses on reading and math. This charming cottage is for sale in Atlanta’s historic East Lake neighborhood. This 4 bedroom, 2 bath home was renovated in 2006 and has been lovingly maintained. The home features: a covered, rocking chair front porch; a separate dining room, keeping/breakfast room, and a master suite on the main. The master bedroom has plenty of closet space and access to the outside deck. The master bathroom features double vanities, plenty of under counter storage and a tub/shower combination. There are two additional bedrooms and a full bath on the main level. This home also features an upstairs office space and an additional bedroom. The kitchen has lovely stained cabinetry, stainless appliances, granite countertops and a full-sized laundry closet. This home has a circular drive with grassy median for off-street parking.

This house is convenient to Agnes Scott College and to several area parks including: East Lake Park (which features a softball field, children’s playground, tennis and basketball courts, a large green-space, and picnic areas), McKoy Park (a 9-acre facility with a lighted baseball field. picnic pavilion, basketball court, picnic tables with grills, a playground, a skate park, a green-space for games, and an outdoor classroom with seat walls at the playground), and Dearborn Park (with walking trails and picnic pavilion). Just a few blocks away is the spectacular East Lake Golf Club, the home of the annual PGA Tour Championship, and a neighborhood landmark. Additional area amenities include; Charlie Yates Public Golf Course at East Lake (which offers reduced greens fees to residents of the 30317 zip code); and the excellent East Lake Family YMCA. Area residents also have access to both the Atlanta-Fulton County Library System and the DeKalb County Library System. (Square footage is approximate)


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Features List
• Front Porch • Beautiful Hardwoods • Formal Dining
• Breakfast Room • Stainless Appliances • Tile Backsplash
• Large Backyard • Deck • Gazebo
• Storage Shed
Equal Housing Opportunity.
Beautiful Traditional Home in Victoria Estates

Victoria Estates in the Emory Area

30Driveway

1502 Rainier Falls Drive, Atlanta 30329

Is Now Offered For

$565,000

Victoria Estates subdivision is located within Atlanta GA – DeKalb County and is a vibrant community full of fun people with much to offer. The average price in Victoria Estates of homes for sale is currently $737,450 which shows you what kind of great deals are available in this amazing market.

The streets of Victoria Estates are lined with sidewalks and street lights for safe and easy transit to the many attractions outside the neighborhood. Popular streets in Victoria Estates are Liawen Ct., Rainier Falls Dr. and Castle Falls Dr. Homes for sale in Victoria Estates feature contemporary and Traditional architecture, with renovations to the real estate including vaulted ceilings, hardwood floors and energy-efficient appliances. The neighborhood lies within the Druid Hills School District.

This is a wonderful part of town, with easy access to Emory University, the CDC, the VA hospital, DeKalb Medical Center, Downtown Decatur, Virginia-Highland shops and restaurants, Northlake and Buckhead, as well as I-85, I-285, and GA 400 — and because it’s in unincorporated DeKalb county, you’ll pay lower property taxes than nearby residents inside the city of Atlanta or Decatur. There’s plenty of shopping in the vicinity including all the great shops and restaurants of nearby Downtown Decatur. Toco Hill Shopping Center has 2 excellent grocery stores (Kroger and Publix) plus lots of stores and a wide selection of restaurants. For even more grocery options, you’ll love the nearby Whole Foods and the DeKalb Farmer’s Market as well as the weekly organic farmer’s market held near Decatur’s downtown square. Area malls include: North DeKalb Mall, Northlake Mall, Lenox Square, and Phipps Plaza. For a more “in-town” shopping and dining experience, head to Emory Village, Virginia-Highland, or Little Five Points, all of which are only a short drive.

The number of homes for sale within Victoria Estates is always changing and the deals won’t always be there forever so if you know your next home is waiting for you in the Victoria Estates subdivision then please contact me at kathyandmary@kw.com..

Charming Mid-Century Condo in Emory Area

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This adorable mid-century, condo is conveniently located between Virginia Highland and Decatur! This is the perfect retreat for students and young professionals. Cliff (Emory Shuttle) will take you to class and even the airport! This home features gorgeous, original hardwoods, corian countertops, ample storage, crown molding, track lighting, and great neighbors! This is a safe, well maintained, dog friendly community, and you will love walking/biking to Atlanta’s most vibrant neighborhoods Enjoy lower cost of living with low HOA dues and no city taxes. Constructed in 2 phases (1957, 2004) but recently updated with modern kitchens and bathrooms.

From the complex you have easy access to multiple popular business districts, including: Downtown Decatur, Emory Village, Virginia-Highland, Inman Park, Candler Park, and Little 5 Points. Decatur’s downtown square is just about a mile away. The City of Decatur is filled with dozens of charming shops and over 80 restaurants, coffee houses, pubs, and eateries, and the city organizes frequent special events like an annual beach party.

Advantages of Using a Realtor

Open Door to Home Ownership

Advantages of Hiring a Real Estate Professional

Decatur and Atlanta are just coming out of a really strong buyer’s market. Last year, we had over 8 months of inventory on the market and in some Atlanta neighborhoods, they had 18 months of inventory. The banks are not releasing the foreclosures at the same alarming rates, but slowly releasing them to the market and there are a lot of investors in Atlanta buying these properties. That has resulted in fewer months of inventory.

The last four years have been a challenging time to sell your home. Home values have dropped about 30% leaving many home owners under water. Buyers have become vigilant with their inspections and also hoping to get a “deal” — even though home prices are not continuing to fall. Appraisals are still challenging with many homes not appraising for the sales price. It is easier to get a home under contract in this current market, but we are still facing many challenges with getting the home to the closing table.

o The agents who have successfully maneuvered through this challenging time, have an excellent perspective on their local markets. Agents can find out about homes that are under contract as well as homes that will be coming on the market because they have relationships with other agents. Additionally, agents preview homes every day and are familiar with the other homes that are comparable to your home. This helps the agent strategically price your home to sell at the highest amount in the least amount of time.

o Many agents use a professional stagger to arrange your home in a way that will be appealing to the buyer. The agent is in the marketplace every day and knows what the buyer is looking for in a home. Many sellers make home improvements that don’t increase the value of their home, and an agent can advise you on the home improvements that will add more value.

o An agent will advertise your home in proper media channels that will attract local and out-of-town purchasers. Marketing your home is your agents strength and ensuring that your home is visible to everyone looking to buy.

o An agent will ensure that your home is marketed to as many agents as possible by holding caravans for agents to preview your home. Many homes sell because an agent came through a home on caravan and it happens to meet the criteria of one of their buyers.

o Agents bring qualified purchasers. Successful agents ensure that their clients have been qualified for a particular price point before showing them homes. This ensures that the purchaser is looking in the appropriate price range and that the purchaser has the ability to buy your home.

o An agent does not have an emotional stake in your home and they can create a win-win situation for the buyer and seller — where each party is happy about the process. The goal is to get to the closing table and to ensure that the buyer or seller do not kill the deal.

o There are many steps in getting your home to the closing table from paperwork to following the real estate law in your state. An agent has the experience to navigate through the process creating a stress-free process for the seller and the buyer.

If you are thinking of buying or selling, please visit us at http://www.kathyandmary.com for selling your home and http://www.youratlantarealestateexpert.com if you are interested in purchasing.. We have been selling in the Atlanta and Decatur area for over 20 years and know our market.

HOT Real Estate Market

We Are Red Hot In Oakhurst, Kirkwood and East Lake
We are experiencing a Seller’s market in the Oakhurst, Kirkwood and East Lake neighborhoods. With little inventory on the market, buyers have very few properties to choose from. If your home is priced strategically and your realtor has a targeted marketing plan, your home will not be on the market long.fire background
Building has come back to the neighborhoods and prices are escalating. Buyer contracts have very few contingencies and seller subsidies are decreasing. If you are a buyer that wants to purchase in Oakhurst, Kirkwood, or East Lake, now is the time for you to purchase a home before the prices move out of range.

If you have considered putting your home on the market – now is the time. With only 3 months of inventory on the market, it is truly the best market to sell!!

Check out the December Reports for Oakhurst, Kirkwood and East Lake to see how many active homes are on the market and how quickly they are selling.

Great time to sell and buy
KathyandMary – Connecting Atlanta
Keller Williams Realty Metro Atlanta
404-295-9491
kathyandmary@gmail.com
www.kathyandmary.com
Search for Properties: http://www.youratlantarealestateexpert.com

Real Estate Provisions in “Fiscal Cliff” Bill

On January 1 both the Senate and House passed H.R. 8, legislation  to  avert  the  “fiscal  cliff.”  The bill will be signed shortly by President Barack Obama.
Below are a summary of real estate related provisions in the bill.
Real Estate Tax Extenders
 Mortgage Cancellation Relief is extended for one year to January 1, 2014
 Deduction for Mortgage Insurance Premiums for filers making below $110,000 is extended through 2013 and made retroactive to cover 2012
 Leasehold Improvements: 15 year straight-line cost recovery for qualified leasehold improvements on commercial properties is extended through 2013 and made retroactive to cover 2012.
 Energy Efficiency Tax Credit: The 10% tax credit (up to $500) for homeowners for energy improvements to existing homes is extended through 2013 and made retroactive to cover 2012.
Permanent Repeal of Pease Limitations for 99% of Taxpayers
Under  the  agreement  so  called  “Pease  Limitations”  that reduce the value of itemized deductions are permanently repealed for most taxpayers but will be reinstituted for high income filers. These limitations will only apply to individuals earning more than $250,000 and joint filers earning above $300,000. These thresholds have been increased and are indexed for inflation and will rise over time. Under the formula, the amount of adjusted gross income above the threshold is multiplied by 3%.    That  amount  is  then  used  to  reduce  the  total  value  of  the  filer’s  itemized  deductions.    The  total   amount  of  reduction  cannot  exceed  80%  of  the  filer’s  itemized  deductions.  
These limits were first enacted in 1990 (named for the Ohio Congressman Don Pease who came up with the idea) and continued throughout the Clinton years. They were gradually phased out as a result of the 2001 tax cuts and were completely eliminated in 2010-2012. Had we gone over the fiscal cliff, Pease limitations would have been reinstituted on all filers starting at $174,450 of adjusted gross income.
Capital Gains
Capital Gains rate stays at 15% for those the top rate of $400,000 individual and $450,000 joint return. After that, any gains above those amounts will be taxed at 20%. The 250/500k exclusion for sale of principle residence remains in place.
Estate Tax
The first $5 million dollars in individual estates and $10 million for family estates are now exempted from the estate tax. After that the rate will be 40 percent, up from 35 percent. The exemption amounts are indexed for inflation.