COMPARATIVE MARKET ANALYSIS
88 Clifton St SE, Atlanta, Georgia 30317, United States
PREPARED FOR
Darryl Smith & Oliver Haughton JUNE 15, 2016
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
WHAT IS A CMA?
INTRO
No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That’s where the comparable market analysis, or CMA, can be useful.
What is a CMA? The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created? CMAs are generated by a computer program supplied by your real estate agent’s multiple listing service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service’s public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer’s agents create them for their buyers so both sides know what current market conditions are for the homes they’re interested in comparing.
How accurate are CMAs? The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing – new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person inputting the search parameters to the software as well as the number and type of data fields that are chosen. That means some features may not be included. As informative as the CMA is, it should only be used as a tool and should not substitute for your real estate professional’s knowledge and advice.
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
COMPARABLE PROPERTY STATISTICS Sold Listings Number of listings
4
Lowest price
$374,900
Average price
$416,850
Highest price
$515,000
Avg price per sqft
$232
Avg DOM
10
Active Listings Number of listings
1
Lowest price
$419,900
Average price
$419,900
Highest price
$419,900
Avg price per sqft Avg DOM
$162 6
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
ANALYSIS
SOLD PROPERTY ANALYSIS
Address
List Price
ANALYSIS
Sold Price
Difference
DOM
$ per Sqft
1927 Hallman Street NE
$499,900
$515,000
3.02%
9
$217
44 Wyman Street NE
$399,900
$400,000
0.03%
9
$250
226 Locust Street NE
$400,000
$377,500
-5.63%
19
$225
1673 Stanwood Avenue SE
$374,900
$374,900
0.00%
3
$237
$418,675
$416,850
-0.44%
10
$232
Sold Averages
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
PROPERTY DETAILS
MLS #5648354
1927 HALLMAN STREET NE, ATLANTA
$515,000 Status: Sold MLSNum: 5648354 Source: FMLS Prop Type: Residential Detached City: Atlanta State: Georgia Zip: 30317 County: Dekalb Area: 24 - Atlanta North Subdivision: Kirkwood Beds: 3 Full baths: 2 Half baths: 1 SqFt: 2,376 Acres: 0.2000 Lot Dim: 50x195 Garage: 2 Car Garage,Drive Under Main Level,Driveway,Side/Rear Entry Year Built: 2000 DOM: 9 List date: 2/16/16 Sold date: 4/13/16 Pending date: Mar 6, 2016 Off-market date: Mar 6, 2016 Updated: Apr 14, 2016 7:09 AM List price: $499,900 Orig list price: $499,900 Sold price: $515,000 List/Sqft: $210 Sold/Sqft: $217 Assoc Fee: $0 Taxes: $4,736 High: Maynard H. Jackson, Jr. Middle: Dekalb - Other Elementary: Toomer Courtesy of Berkshire Hathaway HomeServices Georgia Prop‌
FEATURES Appliances: Other Basement: Daylight, Exterior Entry, Finished, Interior Entry, Driveway Access Boathouse: None Construction: Brick & Frame, Cement Siding - Not Stucco Cool: Ceiling Fans, Central Electric, Zoned, Central System Disability: None Dock: None Energy: Programmable Thermostat, High Eff System, Ridge Vents, Thermal Pane Wdws Exterior: Deck, Fenced Yard, Front Porch, Garden Area, Prof Landscaping Fireplace Disc.: Gas Logs Remain, Gas Starter, In Living Room Heat: Zoned REMARKS This light-filled home has an A+ location & is surrounded by the best neighbors! Main level made for entertaining: huge LR w/fireplace, formal dining, and beautiful kit with new ss appliances, granite, breakfast bar & nook. Treetop backyard screened porch will make you feel like you are in mtns & adjacent deck w/tons of seating. Wonderful master suite w/ private porch. Terrace level office/playroom, drive under tandem garage w/electric gate access from side street = more greenspace & gorgeous backyard. One block to downtown KWD Village & two blocks to Bessie Branham PK!
Information is deemed reliable but not guaranteed.
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
Source: FMLS
LISTING PHOTOS S
MLS #5648354
1927 Hallman Street NE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$515,000
MORE LISTING PHOTOS S
MLS #5648354
1927 Hallman Street NE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$515,000
PROPERTY DETAILS
MLS #5646533
44 WYMAN STREET NE, ATLANTA
$400,000 Status: Sold MLSNum: 5646533 Source: FMLS Prop Type: Residential Detached City: Atlanta State: Georgia Zip: 30317 County: Dekalb Area: 24 - Atlanta North Subdivision: Kirkwood Beds: 3 Full baths: 2 Half baths: 0 SqFt: 1,600 Acres: 0.2000 Lot Dim: 50 x 146 x 51 x 139 Garage: Driveway,Kitchen Level,Street Year Built: 1925 DOM: 9 List date: 2/12/16 Sold date: 3/18/16 Pending date: Feb 20, 2016 Off-market date: Feb 20, 2016 Updated: Mar 21, 2016 8:51 PM List price: $399,900 Orig list price: $399,900 Sold price: $400,000 List/Sqft: $250 Sold/Sqft: $250 Assoc Fee: $0 Taxes: $1,032 High: Maynard H. Jackson, Jr. Middle: King Elementary: Toomer Courtesy of BEST ATLANTA PROPERTIES LLC
FEATURES Appliances: Dishwasher, Garbage Disposal, Gas Ovn/Rng/Ctop, Microwave, Refrigerator, Sec System Owned, Smoke/Fire Alarm Basement: Crawl Space, Exterior Entry, Partial, Unfinished Construction: Frame Cool: Ceiling Fans, Central Electric, Fan Disability: None Energy: Programmable Thermostat, Low Flow Plumbing Fixtures, Thermal Pane Wdws Exterior: Front Porch Fireplace Disc.: Decorative Only, In Living Room Heat: Electric, Forced Air Interior: Bookcases, Double Vnty Other, Hardwood Floors, High Speed Internet Available, His & Her Closets Kitchen: Breakfast Bar, Cabinets Stain, Counter Top - Stone REMARKS MULTIPLE OFFERS. HIGHEST AND BEST DUE BY THURSDAY 2/18 AT 4PM. This Craftsman Bungalow is newly renovated from top to bottom, with loads of historic character and all the modern conveniences you expect. You will love the open floor plan, all new kitchen, spa-like master suite, and super sun/bonus room. Refinished hardwoods throughout, a decorative fireplace, and large windows make this home cozy and bright. Relax on the covered front porch, or play in the big, level backyard.
Information is deemed reliable but not guaranteed.
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
Source: FMLS
LISTING PHOTOS S
MLS #5646533
44 Wyman Street NE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$400,000
MORE LISTING PHOTOS S
MLS #5646533
44 Wyman Street NE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$400,000
PROPERTY DETAILS
MLS #5661695
226 LOCUST STREET NE, ATLANTA
$377,500 Status: Sold MLSNum: 5661695 Source: FMLS Prop Type: Residential Detached City: Atlanta State: Georgia Zip: 30317 County: Dekalb Area: 24 - Atlanta North Subdivision: Kirkwood Beds: 3 Full baths: 2 Half baths: 0 SqFt: 1,675 Acres: 0.1000 Lot Dim: 39X155 Garage: Driveway,Parking Pad Year Built: 1920 DOM: 19 List date: 3/17/16 Sold date: 5/10/16 Pending date: Apr 2, 2016 Off-market date: Apr 2, 2016 Updated: May 24, 2016 10:15 AM List price: $400,000 Orig list price: $400,000 Sold price: $377,500 List/Sqft: $239 Sold/Sqft: $225 Assoc Fee: $0 Taxes: $448 High: Maynard H. Jackson, Jr. Middle: Dekalb - Other Elementary: Toomer Courtesy of KELLER WMS RE ATL MIDTOWN
FEATURES Appliances: Dishwasher, Microwave, Other, Refrigerator Basement: Slab/None Boathouse: None Construction: Frame, Other Cool: Ceiling Fans, Central System Disability: None Dock: None Energy: Programmable Thermostat, Other, Thermal Pane Wdws Exterior: Fenced Yard, Front Porch, Other, Patio Fireplace Disc.: None Heat: Gas Interior: Hardwood Floors, Other, Trey Ceilings, Walk-In Closet(s) Kitchen: Cabinets White, Island, Other Lot: Level, Level Driveway Neighborhood: Public Trans., Other, Park, Restaurant, Sidewalk, Street Lights, Walk to Marta, Walk to Shopping Parking: Driveway, Parking Pad Pool: None REMARKS Fully Renovated Charming Bungalow on quiet dead end street in Kirkwood!!!! Your guests will feel welcomed from the moment they step foot on the inviting rocking chair front porch. This home boasts an open floor plan, bamboo hardwood floors, tray ceiling, granite countertop, SS appliances, peninsula and island in kitchen. Beautifully finished with custom Craftsman style accents throughout - solid wood panel door and oversize baseboards; no detail overlooked. Private backyard with brick patio completes the outdoor area. Only thing for you to do is move in!!!!
Information is deemed reliable but not guaranteed.
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
Source: FMLS
LISTING PHOTOS S
MLS #5661695
226 Locust Street NE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$377,500
MORE LISTING PHOTOS S
MLS #5661695
226 Locust Street NE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$377,500
PROPERTY DETAILS
MLS #5649736
1673 STANWOOD AVENUE SE, ATLANTA
$374,900 Status: Sold MLSNum: 5649736 Source: FMLS Prop Type: Residential Detached City: Atlanta State: Georgia Zip: 30317 County: Dekalb Area: 24 - Atlanta North Subdivision: Kirkwood Beds: 3 Full baths: 2 Half baths: 0 SqFt: 1,584 Acres: 0.2000 Lot Dim: 59x145 Garage: Driveway,Kitchen Level,Side/Rear Entry,1-2 Step Entry Year Built: 1937 DOM: 3 List date: 2/19/16 Sold date: 3/24/16 Pending date: Feb 22, 2016 Off-market date: Feb 22, 2016 Updated: Mar 25, 2016 8:50 PM List price: $374,900 Orig list price: $374,900 Sold price: $374,900 List/Sqft: $237 Sold/Sqft: $237 Assoc Fee: $0 Taxes: $81 High: Maynard H. Jackson, Jr. Middle: Coan Elementary: Toomer Courtesy of Berkshire Hathaway HomeServices Georgia Prop‌
FEATURES Appliances: Dishwasher, Gas Ovn/Rng/Ctop, Microwave, Self-Clean Oven, Smoke/Fire Alarm Basement: Crawl Space Boathouse: None Construction: Frame Cool: Ceiling Fans, Central Electric Disability: None Dock: None Energy: Programmable Thermostat, Low Flow Plumbing Fixtures Exterior: Deck, Fenced Yard, Front Porch, 1-2 Step Entry Fireplace Disc.: Decorative Only Heat: Forced Air, Gas Interior: 9 ft + Ceil Main, Double Vnty Other, High Speed Internet Available, Walk-In Closet(s) Kitchen: Cabinets White, Island, View To Fmly Rm, Counter Top - Solid Surface Lot: Level, Private Backyard REMARKS Beautiful renovation and expansion in PRIME Kirkwood location! This stikingly updated bungalow features gorgeous hardwood floors throughout a flexible, open floor plan. The open living room flows into the dining area and large eat-in kitchen with granite countertops, modern glass tile backsplash, and stainless steel appliances. A spacious master retreat sits at the rear with massive walk-in closet, separate vanities, oversize shower plus soaking tub. Enjoy easy outdoor living on the deck overlooking your private fensed backyard all on a quaint, quiet street.
Information is deemed reliable but not guaranteed.
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
Source: FMLS
LISTING PHOTOS S
MLS #5649736
1673 Stanwood Avenue SE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$374,900
MORE LISTING PHOTOS S
MLS #5649736
1673 Stanwood Avenue SE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$374,900
PROPERTY DETAILS
MLS #5703581
76 CLAY STREET SE, ATLANTA
$419,900 Status: Active MLSNum: 5703581 Source: FMLS Prop Type: Residential Detached City: Atlanta State: Georgia Zip: 30317 County: Dekalb Area: 24 - Atlanta North Subdivision: Kirkwood Beds: 3 Full baths: 2 Half baths: 0 SqFt: 2,600 Acres: 0.3000 Lot Dim: 73' X 155' Garage: 2 Car Garage,Auto Garage Door,Driveway,Detached Year Built: 1925 DOM: 6 List date: 6/9/16 Updated: Jun 14, 2016 7:51 AM List price: $419,900 Orig list price: $419,900 List/Sqft: $162 Assoc Fee: $0 Taxes: $3,383 High: Maynard H. Jackson, Jr. Middle: Dekalb - Other Elementary: Toomer Courtesy of ATLANTA INTOWN REAL EST SVCS.
FEATURES Appliances: Dishwasher, Garbage Disposal, Elec Water Heater, Gas Ovn/Rng/Ctop, Microwave, Self-Clean Oven, Smoke/Fire Alarm, Energy Star Appliances, Refrigerator Basement: Daylight, Exterior Entry, Partial, Unfinished Boathouse: None Construction: Cement Siding - Not Stucco Cool: Ceiling Fans, Central Electric, Heat Pump, Central System Disability: Stepless Entry, Wide Hallways Dock: None Energy: Programmable Thermostat, High Eff System, Ridge Vents, Thermal Pane Wdws, Low Flow Plumbing Fixtures Exterior: Deck, Front Porch, Garden Area, Other, Patio Fireplace Disc.: None Heat: Electric, Heat Pump REMARKS Total makeover of this beautiful 1925 Craftsman. Open floor plan; All new white kitchen with quartz counter, LG 3-door fridge, 5 burner gas stove, builtin microwave, dishwasher, huge single bowl under mount S/S sink; white subway backsplash; 2 new Trane hvac heat pump systems, new hot water heater; 2 new decks, plus more bells and whistles than you can hope for. Huge bonus room on 2nd floor makes excellent Den, office, yoga or exercise area and more. Daylight unfinished basement is perfect workshop, studio or artists retreat. Stunning!
Information is deemed reliable but not guaranteed.
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
Source: FMLS
LISTING PHOTOS A
MLS #5703581
76 Clay Street SE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$419,900
MORE LISTING PHOTOS A
MLS #5703581
76 Clay Street SE, Atlanta
Adrian Smith | First MLS | Mobile: 678.877.0484 | www.redfin.com
$419,900