Flood plain in East Point? (Atlanta, College Park: mortgage, appraise, work)

[Mazokunomiko]

Does anyone know if there are any flood plains/zones I should watch out for when buying a home in East Point? I'm searching mainly in the Jefferson Park and Conley Hills areas.

[Tdiddy0027]

I don't believe so. Metro Atlanta is pretty hilly so we don't worry about that too much

[LovinDecatur]

Originally Posted by Tdiddy0027

I don't believe so. Metro Atlanta is pretty hilly so we don't worry about that too much

LOL tell that to the folks that live on Peachtree and Nancy Creeks...

In any house buying situation, you should determine whether or not your property sits in a 100 year flood plain.
When I was househunting, I saw a lovely house in Martin Manor that was listed for a bargain price, but had been sitting on the market for 14 months. So what was the problem? The house, whose lot abutted S. Peachtree Creek, had been in two serious floods...the vacant lot next door was no longer buildable, as the house that had been there was razed due to excessive flooding.
I would be very careful to check out the house's position relative to the flood plain wherever you propose to buy.

[davesm]

Ahhh, I see you decided on E. Point over W-Hills. Good choice! Those old E. Point neighborhoods are very nice. I live in Atlanta and find myself over in E. Point or College Park occasionally grabbing a bite to eat (Thumbs Up, OZ Pizza, and Feed Store's Shrimp & Grits). Nice town with a nice vibe.

Maybe City Hall could answer any questions about any known flood plains? Or if you find a particular home that you fancy check with the neighbors.

[c.zhou57]

Hey Mazo! I saw on the other thread that you've put an offer down on a home over on Conley Hills. Congrats!

Now, concerning flood plains, I think your best bet would be from the city or the residents in that area. I know there is something along Semmes that catches my eye every time I drive through there, right around the intersection with Montrose. Do you know what I am talking about?

Anyway - here is information from the city's website:

Q. How do I know if my property is in delineated flood plain?
A. Call the Public Works Engineering at 404-270-7104 or email Service Request at servicerequest@eastpointcity.org.

[Mazokunomiko]

Hey there, and thanks again for all the help!

Yup, my husband and I put an offer on a house on Linwood Avenue in Conley Hills, and the seller accepted it yesterday! We have the inspection tomorrow. I'm also a little nervous that the house will appraise too low, so I'm trying not to get too excited yet -- I guess we should know for sure sometime next week. Does $180,000 for a recently renovated 3/2 seem about right for the area?

We were super upset when the deal on the first house (in North Decatur) fell through. Has anyone else had an appraisal come in $24,000 too low recently? Talk about a slap in the face! Seems like the mortgage companies really are getting a lot tougher on that stuff.

Oh, yeah -- the East Point house we put an offer on is not in a flood plain. So good news so far!

[ffej]

Check out the FIRM maps on FEMA's website.

FEMA Map Service Center -

[LovinDecatur]

Originally Posted by Mazokunomiko

Hey there, and thanks again for all the help!

Yup, my husband and I put an offer on a house on Linwood Avenue in Conley Hills, and the seller accepted it yesterday! We have the inspection tomorrow. I'm also a little nervous that the house will appraise too low, so I'm trying not to get too excited yet -- I guess we should know for sure sometime next week. Does $180,000 for a recently renovated 3/2 seem about right for the area?

We were super upset when the deal on the first house (in North Decatur) fell through. Has anyone else had an appraisal come in $24,000 too low recently? Talk about a slap in the face! Seems like the mortgage companies really are getting a lot tougher on that stuff.

Oh, yeah -- the East Point house we put an offer on is not in a flood plain. So good news so far!

No wonder people are flocking to East Point!

[Mazokunomiko]

I know, right? The prices are great down there. The funny thing is I really do think the one we're trying to get is on the high side for the area (and the seller came down $20,000 off the listing price!). There are several 3/2 homes listed around $160,000 in the good neighborhoods -- we looked at quite a few of them. Most of the ones in that price range had major issues, though.

Oh, on a side note, if anyone wants to take on a huge fixer-upper project, there's a $70,000 home on Newnan Street in Colonial Hills that looked interesting. But, um, I ran screaming from the house too quickly to get a good look. Really, though, it does have potential. (And a 5-foot-wide dead tree out front... spooky.) If anyone goes to look at it, watch out -- one of the windows has been removed and I'm pretty sure someone has been staying in there!

[c.zhou57]

I am so excited for you! I think I may know the home that you have put an offer down on as well as that house you described on Newnan. I'm glad East Point is getting some attention on here besides the on Ghetto Suburbs thread. We have so much potential down here: very walkable, a downtown area good restaurants, Marta, nice little neighborhoods, and a very easy drive into town via the interstate or surface streets. Most of all, the home prices! I'm glad you have looked past what people say on this forum. I can't wait to have you as a neighbor!

Edit:

Also if you are worried about assessed values I have PM'ed you a link to the assessor's office. There is a handful of public information that is avaliable