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Chamblee Signal -Official Newsletter of Chamblee, GA May June 2019

May 26, 2019 by Thom Abbott

Chamblee Official Newsletter Chamble SignalChamblee is a great community located along the Gold line of MARTA, North and slightly East of Midtown Atlanta. Once upon a time it was a sleepy town with it’s main street an example of what it was…Peachtree Industrial Blvd. But times have changed, and the Chamblee Signal -Official Newsletter of Chamblee is a great city publication about what’s happening in the city.

Here are the highlights of the May-June, 2019 issue:

Community Involvement in Comp Plan

A Comprehensive Plan is one of the most important documents any city can have in place. It’s the “road map” of where the city is headed in the future….the “vision” if you will. The first round of meetings referenced in the Signal happened earlier this month. You can learn more about the upcoming meetings and this process at OneChamblee.com 

Facade Grant Program

Started by the Chamblee Downtown Development Authority (DDA) five years ago, this program is instrumental to the revitalizing and redevelopment of the Downtown Chamblee area. You can learn more about the DDA at DowntownChamblee.com

2019 National Wiffle Championship

Ahhhh…..don’t really know what to say. Best read the Signal, and you will find a link to it below. 

PDK – A Hub for Business

Indeed, the SECOND busiest airport in GEORGIA sits right in Chamblee….Dekalb_peachtree, also known as PDK. While the airport primarily serves private aircraft, Ultimate Air Shuttle provides scheduled passenger service to Cleveland, Ohio and Charlotte, NC. 

Chamblee Dining on the Rise

Along with the new apartment buildings and Peachtree Station Shopping Center comes more dining options. From Bad Daddy’s Burgers to Chronic Tacos, Gu’s Kitchen, La Garde, The Alden and more….residents and visitors alike have many new dining options, and more will certainly follow as the Downtown area redevelops and the new apartment buildings open up. 

For all the stories in the  Chamblee Signal -Official Newsletter of Chamblee, GA May June 2019, CLICK HERE!

If you are looking to purchase a new or existing home in Chamblee, give us a call at 770.713.1505. We’d be delighted to show you all the neighborhoods and various living options available to you! Or you can contact us here!

Filed Under: Atlanta Real Estate For Sale Or Rent, Atlanta Relocation, Blog, Buyers, Chamblee, Interesting Stories, Random Topics Tagged With: Buyers, Chamblee, Chamblee Business, Intown Atlanta Real Estate

NEW! Fulton County Homestead Exemption

March 27, 2019 by Thom Abbott

NEW! Fulton County Homestead Exemption NEW!

Homestead ExemptionThere is a NEW Senior Homestead Tax Exemption available for homeowners who are 65 or older, regardless of income, if your primary residence is in Fulton County.

This new age-based exemption was passed in November 2018 and is in addition to base homestead exemption but it requires an application (by April 1) to take effect in most cases to increase the amount of your homestead exemption and effectively lower total property taxes. The deadline to file for this new Senior Homestead Tax Exemption (or for any homestead exemption) is Monday April 1, 2019, to qualify for property tax relief in the current year.

Standard Rule: If primary residence then owner may qualify to exempt up to $30,000 of their home’s assessed value.

NEW IN FULTON – Homeowners over the age of 65 are now eligible for a new senior homestead exemption. It increases the base homestead exemption from $30,000 to $50,000. All homeowners over the age of 65 qualify, regardless of income.

ACTION NEEDED: If Owner already has another 65 and older homestead exemption, this will automatically apply. If not, they must apply online, in person, or by the April 1 deadline.

The following steps will help you file your homestead exemption online:

1. Go to: https://fultonassessor.org

2. Click on “Property Search”

3. Click on “Address Search”

4. Key in the property address, but leave off the suffix (ex: for 123 Main Street, you would enter 123 Main)

5. Click “Search” 6. When results are returned, click on the property owner’s name to be directed to the property profile.

7. On the Profile page, in the lower right-hand corner, the page will provide the Fulton County exemption code (FUL Exep Code).

8. If the FUL Exep Code ends in “S”, the property owner does not need to file (ex: HF01S), but if it does not end in “S,” the property owner will need to file by April 1.

9. To file, visit the following: https://fultonassessor.org/wp-content/uploads/sites/16/2019/01/2019-HomesteadApplication-Revised.pdf to print out the form to take to the Assessor’s Office.

10. To file online, visit: https://iassmartfile.fultoncountyga.gov/

11. Either “Create an Account” or “Login”

12. Click “Homestead Exemption”

To file, the property owner will need the following information:

a. Georgia Driver’s License or valid Georgia identification (Owner and Spouse)

b. Social Security Number (Owner and Spouse)

c. Registration for all vehicles owned (vehicles must be registered to Fulton County)

d. Recorded Deed (for new owners only)

e. Trust Document and Affidavit (if the property is held in trust).

 

For further assistance, call (404) 612-6440 x 4 or visit:

Peachtree Center North Tower (Main Office) 235 Peachtree Street NE, Suite 1400 Atlanta, GA 30303

Fulton County Government Center 141 Pryor Street, Suite 1018 Atlanta, GA 30303-3487

Alpharetta Service Center 11575 Maxwell Road Alpharetta, GA 30009

North Service Center 7741 Roswell Road NE, Suite 210 Atlanta, GA 30350

South Service Center 5600 Stonewall Tell Road, Suite 224 College Park, GA 30349

Filed Under: Atlanta Relocation, Blog, Brookhaven, Buckhead, Chamblee, Doraville Tagged With: Buyers, midtown atlanta real estate, News

Atlanta Real Estate Market Brief — February 2019

March 19, 2019 by Thom Abbott

The Atlanta REALTORS® Association has released their Atlanta Real Estate Market Brief — February 2019. 

This market brief examines sales and prices in an 11-county area consisting of Cherokee, Clayton, Cobb, DeKalb, Douglas, Forsyth, Fulton, Gwinnett, Fayette, Henry and Paulding Counties. ( So take note…this is a really, really BROAD look at the real estate market in Metro Atlanta!)

Atlanta Real Estate Market Report

Overall residential sales were at 3,464 which is a decrease of 7.4% from the previous year. When you look at price (both average and median) you see they continue to gain traction and are ahead of 2018 numbers. The median sales price in February was $264,000, an increase of 5.6% from February, 2018. The average Sales Price was up by 5.3% to $319,000.

Atlanta Real Estate Market Report February 2019

 

What’s The Atlanta Inventory Like?

Inventory increased by 15.7% from February, 2018 with 12,806 active listings. (Remember those MetroBrokers digital signs back in the day that had 80,000, 90,000 and even 100,000 homes For Sale? Shreeeeek!) New listings were up by 15.4% from February, 2018. The month’s supply over a 12-month period decreased to 2.6 months. 

Is This A Normal Real Estate Market?

A normal real estate market has 6 months of inventory. Less than 6 months (as indicated above) is a Seller’s market, and more than 6 months is a Buyer’s market. More inventory means buyers can probably get the Seller to negotiate more on price or other concessions. In a Seller’s market, we find homes selling for list price, and even above list price. 

My word of caution in a report as broad as this…..real estate is all about location, location, location. These average sales numbers are just that… an average and what you may see in your neighborhood, city or specific condominium building may vastly differ from these numbers. This is why it’s always best to get a real estate professional to give you a market picture for your home and neighborhood/building. 

If you have questions about the value of your home, give us a call, or just fill out the form below and we will be in touch with you! 

Sending

Filed Under: Atlanta Real Estate For Sale Or Rent, Blog, Brookhaven, Buckhead, Buyers, Chamblee, Condominiums of Buckhead, Condominiums of Midtown, Condominiums of Perimeter, Doraville, Market Reports, Real Estate Tips, Sellers Tagged With: Midtown Atlanta Market Reports, midtown atlanta real estate, News, Sellers

Chamblee GA 2018 Year End Real Estate Market Report

March 3, 2019 by Thom Abbott

2018 Chamblee Year End Real Estate Market ReportChamblee, Georgia is found between Brookhaven and Doraville. In recent years, this sleepy “little town” has become a vibrant place to live with existing single family neighborhoods, numerous condo options and now, new single family and townhome construction. Also it’s prime location  ITP (Inside The Perimeter) has made home values rise dramatically in the past few years. 

In this post, we want to focus on the 2018 real estate year in Chamblee and what the real estate market was like. You can find more information about Chamblee here.

 

Chamblee GA 2018 Year End Real Estate Market Report

Disclaimer: The 30341 Zip Code, which is the primary one for the city, extends WELL beyond the actual boundaries of the City of Chamblee. Therefore, we have worked to limit the scope of this report to real estate sales specifically in the City. But, you will also find homes listed with Chamblee as the city that are not actually inside the Chamblee City limits. 

Single Family Homes

In 2018, there were 158 single family homes sold, ranging in price from $153,300 to $880,000. Yes, that is quite the range of home prices. But Chamblee still has “up and coming” areas with recent annexation of areas between Buford Highway and I-285, and more established areas like Huntley Hills, which has started to see new infill construction, and then new construction communities like The Collection at Perimeter Park that has both single-family and townhome options. 

Chamblee values (i.e. prices) have risen dramatically in recent years, but as we mentioned there are still several areas where homes can be purchased and with renovations, theses neighborhoods will likely see their prices rise in the future as well. 

CLICK HERE to see the Complete 2018 Market Report

Condominiums/Townhomes

This ever popular type of home, both condominium and townhomes, has options in both in Chamblee. Most of the condominium-type communities are located close to Downtown Chamblee and the MARTA station, making them convenient for people who may work in Midtown or Downtown. The arrival of the Whole Foods Market and Peachtree Station shopping center have also been a great addition to the area. 

In 2018, there 111 sales, ranging in price from $175,000 at Lofts at 5300 to $526,592 at the new Townsend Chamblee townhome community on Chamblee Dunwoody Road.  There are several new townhome communities under construction in the area, and several others in development stages. 

CLICK HERE to see the Complete 2018 Market Report

What’s The Real Estate Market Like in Chamblee?

If you are looking for a place where home values have been rising, and will be sure to rise, then look at Chamblee. The City is working on the redevelopment of its Downtown area, not to mention all the other construction that is happening. There are numerous new rental options also available, or coming on-line in the near future to give you an opportunity to experience Chamblee short term, and then find the perfect neighborhood for you! 

Affordable single family homes can still be found in some neighborhoods, and like Doraville,  are perfect for renovations to return them to the mid-century modern glory.  A fully renovated home can easily sell in the low $300,000 range. 

Another great source of information about Chamblee can be found at the Chamblee City Website. 

If you are looking to Buy or Sell a home in Chamblee, MyMidtownMojo.com can help! We have lived in the Chamblee area for 20-plus years and have seen the changes and opportunities here!

Selling? Do you want to sell your Chamblee single family home or condominium? Call us today at 770.713.1505 to schedule a free market analysis of your home. Or, complete our Seller Information Form and we will be in touch with you! 

Buying? Are you looking to buy a Chamblee home, condo or townhome? We can set up specific searches for you based on price, community or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!

Contact MyMidtownMojo and Thomas Ramon Realty@Palmer House Properties at 770.713.1505 or Info@MyMidtownMojo.com for all your Chamblee real estate needs!

Filed Under: Blog, Buyers, Chamblee, Market Reports, Sellers Tagged With: atlanta relocation, Chamblee, Chamblee Homes For Sale, Chamblee Market Report, Intown Atlanta Real Estate

Chamblee Summer Concert Series Announces Line Up

March 2, 2019 by Thom Abbott

The City of Chamblee does a bang-up job each year with the Chamblee Summer Concert Series! And for 2019, the line-up looks awesome! Check out these bands:

Friday, May 3, 2019 @ 6:30pm  — AJ Ghent and BJ Wilbanks

Friday, June 7, 2019 @ 6:30pm — Electric Avenue – Back to the 80’s

Thursday, July 4th @ 5pm — Crystal Clear Band (This is July 4th and this concert will be held at Keswick Park as part of the City’s July 4th celebration. 

Friday, August 9th @ 6:30pm — Sister Hazel

NOTE: on a couple places, we saw a 6PM start time…so hey, maybe arrive early….just in case!

All concerts (with the exception of July 4th) are held in Downtown Chamblee. If you are looking to come from Midtown, just hop on MARTA. Get off at the Chamblee Station, and it’s an easy walk to Downtown Chamblee and the venue from the station. 

See you at the Chamblee Summer Concert Series!

Chamblee Summer Concert Series

Filed Under: Chamblee, Interesting Stories Tagged With: Atlanta Events, Chamblee, Chamblee Events

Chamblee Real Estate Market Report October 2018

November 18, 2018 by Thom Abbott

Chamblee Real Estate Market ReportsChamblee has come a long way in being a desirable ITP neighborhood/city! Between new retail as well as single family and townhome construction, there are many housing options available here. Let’s “take it’s pulse!” So let’s look at the Chamblee Real Estate Market Report October 2018.

Please note: In preparing this report, we used data from FMLS (First Multiple Listing Service) and searched by the city name, “Chamblee.” As a result, some homes on this report are not within the actual city limits of Chamblee, but were listed with Chamblee as the city address, most likely because of a zip code assignment. 

First, a look at the condominium/townhome market. Chamblee only has a few condominium options, but there are numerous new townhome developments.

For October, there were 46 active listings, ranging from a 2-bedroom condo at Eco Lofts at $280,000 to a 4-bedroom at The Bristol for $859,900. (The Bristol is the new, under construction development in Downtown Chamblee) In the chart below, you can see the average days on market to be 71, but a listing at Peachtree Creek Township seems to have been on the market for 157 days! 

Just 9 listings were Under Contract, and ranged from $139,850 at Henderson Mill (not in Chamblee City Limits) to $491,497 at Townsend at Chamblee. 

Only 5 homes sold (or closed) in October in Chamblee. They ranged in price from $210,000 at Elem Street Townhomes to a 4-bedroom at Peachtree Creek Township at $437,988.

Chamblee Real Estate Market Report

In the Single-family market in Chamblee, there were 32 homes listed For Sale. The ranged from $289,900 for a 3-bedroom in Beverly Woods to $975,000 in Keswick Village for a new construction 4-bedroom, 4-bath home. 

There were 13 homes Under Contract ranging in price from $275,000 in Huntley Hills to $825,000, also in Huntley Hills, but a 5-bedroom new construction home.   

9 homes sold, or closed in October, ranging from $240,000 in Nottaway to $579,000 in Harts Place. 

Market Report Chamblee Real Estate

 

Keep in mind, this Market Report is a “snapshot moment in time” of what is happening in the market, and is a view at, say 30,000 feet. What may be happening with sales and prices in your condominium building could be much different that what is selling across the street. And the same is true for single family homes as well. 

If you are looking to Buy or Sell a home in Chamblee, MyMidtownMojo.com can help! We have lived in the Chamblee/Doraville area for some 20+ years, so we are very familiar with the area! 

Selling? Do you want to sell your Chamblee single family home or condominium? Call us today at 770.713.1505 to schedule a free market analysis of your home. Or, complete our Seller Information Form and we will be in touch with you! 

Buying? Are you looking to buy a Chamblee home or condo? We can set up specific searches for you based on price, building or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!

Contact MyMidtownMojo and Thomas Ramon Realty@Palmer House Properties at 770.713.1505 or Info@MyMidtownMojo.com for all your Chamblee real estate needs!

 

 

Filed Under: Atlanta Real Estate For Sale Or Rent, Blog, Chamblee, Market Reports, Sellers Tagged With: Atlanta Condominiums, Buyers, Chamblee Homes For Sale, Chamblee Market Report, Intown Atlanta Real Estate, Sellers

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Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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