Renovated Inman Park Bungalow :: 1069 Colquitt Ave :: Intown Atlanta LIving
Porch LIfe :: 1069 Colquitt Avenue :: Inman Park Bungalow
1069 Colquitt :: Living Room :: Intown Atlanta Living
Renovated Kitchen :: 1069 Colquitt Avenue :: Intown Atlanta Living
Den open to Kitchen :: 1069 Colquitt Avenue :: Intown Atlanta Living
Inman Park Bungalow Home for Sale | 1069 Colquitt Avenue | Atlanta, GA 30307.
This 1920's bungalow has all of the period charm combined with updated kitchen and bathrooms. A beautiful front yard with professional landscaping welcomes you to the large front porch which is the perfect spot to sit and visit with the neighbors. Home features an entry way into a large living room with one of three decorative fireplaces in the home. Floors on the main level are heart of pine hardwoods and the ceiling height is 9'+. There is a front living space - perfect library or music room or office! The room has amazing light and a beautiful bay window and a fireplace. The dining room is large and opens to the living room and the library. There is a beautiful butler's pantry opening to an amazing renovated kitchen. There is a large laundry room with storage. The kitchen has been renovated and has amazing light with great design for multiple cooks. The countertop is marble and the backsplash is a stainless steel. Jen Air gas range is not only beautiful but great to cook on! The kitchen has a built in wine rack and a huge bar that seats 3-4 people. The den is the perfect spot to watch football. The home opens to a large rear deck and access to the back yard and parking. There are 2 bedrooms including the master on the main floor. The master suite is large and has a charming bathroom with great light - skylight - and separate shower and claw foot tub. Walk in closet has great built-in's for maiming the space. The second bedroom also features walk in closet with built-in organization. Upstairs there is a 3rd bedroom. There is great storage and space for a bathroom. Presently upstairs uses a window unit but the room could easily have a unit of it's own. Parking for the home is off of an alley way (on Sinclair Avenue) and features an automatic gate. There is parking for 2 cars and a car port.
Looking for more pictures of this Inman Park Bungalow? 1069 Colquitt Avenue, Atlanta, GA 30307 You Tube Video1069 Colquitt Avenue, Atlanta, GA 30307 Virtual TourMary Lin Elementary | Inman Middle School | Grady High School | Inman Park Neighborhood Association | Inman Park PoolSearch for Homes For Sale In Inman ParkWhat's my Home Worth?Market Stats for 30307
Mortgage interest rates are on the rise. In the past few weeks, interest rates have ticked upwards. The raise in the interet rates hurt for sure: it reduces the amount of house many buyers can afford. My buyers and have sellers have felt the sting. Reality is that we had historically LOW interest interest rates and they couldn't last forever below 4%.
So where are they going? And how is the real estate market going to be impacted?
Lawrence Yun, the chief economist of the National Associaton of Realtors, had the following points:
Anticipates hitting 5% by mid year 2014 & may climb higher in 2015
improvements in underwriting loans as they return to less restrictive requirements
Yun estimates that 15-20% MORE households are qualifying for safe, affordable mortgages with conventional financing (Loans up to $417,000) with credit scores of 720 or above. (In recent years the credit score needed to be 760-770)
FHA Loans - credit scores of 660 (prevously was 680-700)
Freddie Mac & Fannie Mae have greatly improved their performance & are starting to turn profits. Hopefully once they have repaid tax payer funds they will reduce some of these fees
It's important to remember as mortgage interest rates rise, they are still low and it is a great time to buy a home.
The year to date numbers for sales are out for June 2013 from the First Multiple Listing Service (FMLS). There has been a continued increase in the average sales prices while the active inventory & sales have continued decline. The average sales price for single family homes has increased 29% comparing YTD June 2013 to YTD June 2012. For the same time period - attached homes have increased 30%. Year to date sales for June 2013 vs same time period in 2012 - single family homes have decreased 4% an attached homes have decreased by 1%. Active inventory has decreased 34% for attached homes and 17% for single family homes.
I am not surprised one bit at the increase in average sales prices. Limited availabilty of homes for sale coupled with a high demand of buyers has brought us multiple offers. We have been seeing multiple offers since Late 2012 many of them going over the asking price to win the home. Multiple offers are great for sellers because they can choose their highest and best offer. Multiple Offers can be frustrating for the buyers because a great bid - even one over asking price doesn't always yield the win and that is always frustrating.
One HUGE point needs to be said about the above numbers. The stats above all include homes listed and sold through the FMLS. In the past 8 to 9 months - many homes have never made it to the FMLS which would be an argument for higher sales than reported above. It is common in new construction for homes to not be reported to FMLS.
The Metro Atlanta real estate market continues to be on fire. Inventory remains low and buyers are buying. We've been experiencing multiple offers and properties in these cases, often sell OVER asking price.
Comparison of Average Sales Price:
Single Family Homes - $201,653 Feb 2013 vs. $152,317 Feb 2012
Condos/Townhomes - $164,647 Feb 2013 vs $120,977 Feb 2012
Inventory Levels for ALL property types:
Feb 2013 - 24,026 vs. Feb 2012 - 35,773
It is a GREAT time to sell. Inventory levels are LOW and buyers are BUYING. Even if you have tried to sell in the past 12 months, the market has changed and properties are selling. If you are interested in selling - call 404-604-3170 and let's talk. And even if you are just curious about the market - let's talk!
ZIP CODES - Curious as to what is happening in your zip code? Stats for select zip codes:
30305 3030630307303083030930312 3003030032Want to Sell Your Home? Want to Buy A home?Intown Atlanta Living | Leigh Hays, Realtor - Experienced in Intown Atlanta Sales Since 1996
799 Inman Mews Drive, Atlanta, GA 30307 is listed for sale for $240,000!
This gorgeous Inman Park townhome is an end unit & features 2 bedrooms, 2.5 baths bonus room - all in an open living plan. There is a 2 car garage - tandem parking - and tons of space including a finished bonus room which is perfect for an office or a music room (not all of the towhomes feature this space!). The main living level is all hardwood floors - tall ceilings - 9' with great molding throughout. Large living room opens to a private deck. The kitchen is in the center of the home and is open to the dining room and living room. Owners have added a great big walk in pantry that maximizes the space under the stairs. And can you have too much storage?! Dining room opens to kitchen and has great space for eating & entertaining. Upstairs are 2 bedrooms with their own private baths and large closets. The master suite is over-sized and sure to please. There is room for a sitting area. The bathroom has two sinks and seperate tub and shower PLUS great storage. The original owners have loved the home and taken great care of it.
Inman Mews is a great townhome community and was built in 2001. It is one of the only gated properties in Inman Park. The community is very engaged and active. They have movie night outside and often volunteer for Inman Park neighborhood activities & dine outs together.
Home is just 2 blocks from the Atlanta Beltline!
Inman Park Townhome | 799 Inman Mews | Intown Atlanta Living | Leigh Hays
The Atlanta Business Chronical recently published the 2012 top 130 ZIP codes by average sales price. The data is for single family homes only and generated by RealValuator/Bridge Interactive Group, LLC. According to ChartMaster Services which pulls data from the First Multiple listing in Metro Atlanta the median sales price for the end of 2012 was $179,900.
Priced at $240,000 this 1500 s.f. home is an amazing opportunity to live in Historic Inman Park!
781 Inman Mews Drive, Atlanta, GA 30307 is listed for sale! This Inman Park home is located in the Inman Mews Town homes and features 2 bedrooms, 2.5 baths plus a bonus room plus a 2 car garage. The open floor plan features a very large kitchen open to both the living room and dining room. Living room is large & features wiring for surround sound (2 different set ups) and has french doors leading to private deck. Kitchen has stainless steel appliances (quiet Bosch dishwasher!), solid surface counter tops, 2 bars - one over living room and one over dining room. Dining room is separate from living room and features great light. Tall ceilings, hardwood floors and crown molding finish out this level!
Upstairs features 2 bedrooms, 2 baths. The master suite features a huge bedroom with lots of room for sitting area and easily accommodates a king sized bed. The suite has a large walk in closet and a spacious bathroom with dual vanity sinks, garden tub and separate shower and terrific storage including a linen cabinet. The second bedroom is large and features plenty of room for queen bed. Room has walk in closet and private bathroom with great cabinets for storage.
Garages are rare in Inman Park and this home features 2 car parking (tandem) in the garage plus room on driveway for another car if needed. The garage has lots of room for storage as well as a storage room PLUS a bonus room (workshop or office space) and laundry.
781 Inman Mews Drive, Atlanta GA 30307 | Inman Park Townhomes For Sale
781 Inman Mews Drive, Atlanta, GA 30307 | Kitchen | Historic Inman Park Townhome for Sale
It's time for the Little 5 Points Halloween Festival & Parade. This year the event is celebrating it's 12th Anniversary. This is always a fun event and open to all ages and the public. It's a great time to enjoy watching 0r wearing a costume while enjoying some great Little 5 Points fun and music. There will be funky arts for sale along with the regular retailers open for business. There will be food and drink aplenty with local restaurants along with some street vendors offering up their savory selections. If music is your pleasure - you will be rewarded with multiple options throughout the day.
The Parade starts at 4pm and lasts about 2 hours. There are decorated floats and marching bands and about anything else you can imagine in the ghoul realm along with a few things you probably never imagined. The parade is perfect for all ages and offers a little something for everyone. Beware of the candy thrown your way and the odd brussel sprout handed out for good trickery (thank you, Dad's Garage!).
Located in Inman Park, Atlanta, Little 5 Points has limited parking and the best advice for travel to the event is MARTA or bike the belt line.
Saturday October 20, 2012 from noon to 10 pm | Parade starts at 4 pm
