NOT LISTED FOR SALE

1118 Promontory Dr Marietta, GA 30062

Estimated Value: $987,000 - $1,114,000

5 Beds
5 Baths
5,018 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $646,700 $129 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,658/month

55 Days on Market

Highlights

  • Home Theater
  • Dining Room Seats More Than Twelve
  • Oversized primary bedroom
  • East Side Elementary School Rated A
  • Wooded Lot
  • Traditional Architecture

About This Home

As of November 2019

This Is It! Location, superior schools, 3 car garage and finished terrace lvl. Brand new luxurious owner's bath, huge owner's suite w/sitting area and large owner's closet. Upper lvl also features a guest rm w/private bath plus 2 more secondary bdrms and full bath. Captivating ceiling treatments throughout. Desirable white kitchen w/ss appliances opens to the family room for ease when entertaining. Guest rm on main level has full bath and office on main is enhanced by French doors for privacy. Terrace lvl boasts a theater rm, rec rm, bar, storage space & full bath.

Last Agent to Sell the Property

ALLISON MAZA

NOT A VALID MEMBER License #272293 Listed on: 08/14/2019

Co-Listed By

STEPHANIE WATERMAN

James Benjamin Company License #304213

Last Buyer's Agent

OSSAMAH SHABBIR

WYND REALTY LLC License #346015

WYND REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,451

Year Built

  • Built in 2000

Lot Details

  • 6,970 Sq Ft Lot
  • Property has an invisible fence for dogs
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Front Yard

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 5,018 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Great Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Schools

  • East Side Elementary School
  • Dodgen Middle School
  • Walton High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 63
  • Assessor Parcel Number 16091600670

Community Details

Overview

  • $722 Initiation Fee
  • Community Management Assoc Association
  • Secondary HOA Phone (404) 835-9100
  • Walton Reserve Subdivision

Recreation

  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,451

Year Built

Built in 2000

Lot Details

0

HOA Fees

$60 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Double Oven, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
  • Interior Amenities: High Ceilings 10 ft Main, Entrance Foyer 2 Story, High Ceilings 9 ft Upper, Bookcases, Double Vanity, Tray Ceiling(s), Wet Bar, Walk-In Closet(s)
  • Basement: Daylight, Finished Bath, Finished, Full
  • Kitchen Features: Cabinets White, Solid Surface Counters, Eat-in Kitchen, Kitchen Island, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Media Room, Office, Great Room - 2 Story
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 5018.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Fencing: Invisible
  • Exterior Features: Private Yard

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Number Of Parking Spaces: 3
  • Parking Features: Driveway, Garage, Kitchen Level, Level Driveway, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Reserve Fund, Swim/Tennis
  • Community Features: Homeowners Assoc, Pool, Sidewalks, Street Lights
  • Association Fee: 722
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Home Warranty: Yes
  • Management Company Email: shannifn@cma.com
  • Management Phone: 404-835-9100
  • Subdivision Complex: WALTON RESERVE

Association/Amenities

  • Management Company: Community Management Assoc

Schools

  • Elementary School: East Side
  • Middle School: Dodgen
  • High School: Walton

Lot Info

  • Acres: 0.1600
  • Lot: 63
  • Land/Lot: 0916
  • Section G M D: 2
  • Plat Book: 186
  • Plat Page: 27-30
  • Lot Features: Corner Lot, Front Yard, Level, Wooded
  • Lot Dimensions: 6970
  • Parcel Number: 16091600670
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 722

Tax Info

  • Taxes: 6451.00
  • Assessor Parcel Number: 16-0916-0-067-0
  • Close Date: 2019-11-12
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: East Side
  • High School: Walton
  • Middle School: Dodgen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Nov 12, 2019
Sold by
Luzzi Michael
Bought by
Khan Meharun N and Shabbir Ossamah
Seller's Agent
ALLISON MAZA
NOT A VALID MEMBER
Buyer's Agent
OSSAMAH SHABBIR
WYND REALTY LLC
List Price
$690,000
Sold Price
$646,700
Premium/Discount to List
-$43,300
-6.28%
Current Estimated Value
$1,051,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,372
Avg. Annual Appreciation
7.92%
Original Mortgage
$646,700
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 13, 2008
Sold by
Shah Satish and Shah Juhi
Bought by
Luzzi Michael and Luzzi Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2000
Sold by
Home Traditions Inc
Bought by
Shah Satish and Shah Juhi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khan Meharun N $646,700 --
Luzzi Michael $587,500 --
Shah Satish $420,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Meharun N $590,000
Closed Khan Meharun N $646,700
Previous Owner Luzzi Michael $353,000
Previous Owner Luzzi Michael $370,211
Previous Owner Luzzi Michael $332,500
Previous Owner Shah Satish $250,000
Previous Owner Shah Satish $199,865
Previous Owner Shah Satish $209,000
Previous Owner Shah Satish $100,000
Previous Owner Shah Satish $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $646,700 -4.2% $129 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
08/22/2019 08/22/19 Price Changed $675,000 -2.2% $135 / Sq Ft
08/14/2019 08/14/19 For Sale $690,000 -- $138 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,582 $350,964 $86,000 $264,964
2023 $10,510 $348,580 $72,000 $276,580
2022 $8,437 $277,988 $58,000 $219,988
2021 $8,437 $277,988 $58,000 $219,988
2020 $7,324 $241,316 $58,000 $183,316
2019 $6,815 $241,316 $58,000 $183,316
2018 $6,451 $224,724 $58,000 $166,724
2017 $6,128 $224,724 $58,000 $166,724
2016 $6,130 $224,724 $58,000 $166,724
2015 $5,700 $202,308 $69,200 $133,108
2014 $5,425 $191,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6602132

First Multiple Listing Service (FMLS)

APN: 16-0916-0-067-0