NOT LISTED FOR SALE

1162 Falling Water Dr SE Unit 2 Smyrna, GA 30080

Estimated Value: $222,000 - $265,000

2 Beds
1.5 Baths
1,080 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $37,000 $34 Per Sq Ft

Est. 546% increase in value since last sale

Current estimated payment $1,521/month

24 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • End Unit
  • Campbell High School Rated A-
  • Traditional Architecture
  • 5-minute walk to Jonquil Park

About This Home

As of May 2013

HUD home, Equal housing opportunity. Great loaction off spring rd. Close to I-75, I-285, and shopping. Walking distance to public park. FHA type of finacne is insured with $550 in escrow repairs. Case #101-789694

Last Agent to Sell the Property

GEORGE BISHARA

Maximum One Realty Greater ATL. License #279094 Listed on: 04/12/2013

Maximum One Realty Greater ATL.

Co-Listed By

Lynn Horner Baker

NOT A VALID MEMBER License #159382

NOT A VALID MEMBER

Last Buyer's Agent

Lynn Horner Baker

NOT A VALID MEMBER License #159382

NOT A VALID MEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $281

Year Built

  • Built in 1980

Lot Details

  • 2,657

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,080 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Great Room
  • Crawl Space
  • Open Access
  • Laundry in Kitchen

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 2 Parking Spaces
  • Assigned Parking

Schools

  • Argyle Elementary School
  • Campbell Middle School
  • Campbell High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • End Unit
  • Property is near public transit

Community Details

  • Falling Water Subdivision

Listing and Financial Details

  • Legal Lot and Block 26 / B
  • Assessor Parcel Number 1162FallingWater1162DR

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$281

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 1980
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main, High Ceilings 9 ft Upper
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Cabinets Stain
  • Common Walls: End Unit
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 1080.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Split Bedroom Plan
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

  • Construction Materials: Cedar
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned

Utilities

  • Security: Open Access
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Kitchen
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Falling Water

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Argyle
  • Middle School: Campbell
  • High School: Campbell

Lot Info

  • Lot: 26
  • Lot Dimensions: .06
  • Parcel Number: 1162FallingWater1162DR
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 281.00
  • Assessor Parcel Number: 17-0808-0-100-0
  • Close Date: 2013-05-22
  • Tax Year: 2012

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Argyle
  • High School: Campbell
  • Middle School: Campbell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2016
Sold by
Salgado Miguel R
Bought by
Covarrubias Nancy
Current Estimated Value
$239,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,910
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2014
Sold by
Salgado Guillermina Roman
Bought by
Salgado Miguel Roman and Mojica Maria Isabel

Purchase Details

Listed on
Apr 12, 2013
Closed on
May 22, 2013
Sold by
Secretary Of Housing And U
Bought by
Salgado Guillermina Roman
Seller's Agent
GEORGE BISHARA
Maximum One Realty Greater ATL.
Buyer's Agent
Lynn Horner Baker
NOT A VALID MEMBER
List Price
$35,000
Sold Price
$37,000
Premium/Discount to List
$2,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%

Purchase Details

Closed on
Jun 5, 2012
Sold by
First Horizon Home Loans
Bought by
Sec Dept Of Housing & Urban De and Conn C O Michaelson

Purchase Details

Closed on
Jun 2, 2012
Sold by
Forester Kerry B
Bought by
Nationstar Mtg Llc

Purchase Details

Closed on
Oct 8, 2004
Sold by
Forester Kerry B
Bought by
1162 Falling Water Drive Fo Trust

Purchase Details

Closed on
May 24, 1999
Sold by
Slyman Paige and Slyman Christa M
Bought by
Forester Kerry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,300
Interest Rate
6.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Covarrubias Nancy $103,000 --
Salgado Miguel Roman -- --
Salgado Guillermina Roman $37,000 --
Sec Dept Of Housing & Urban De $64,560 --
Nationstar Mtg Llc $64,560 --
1162 Falling Water Drive Fo Trust -- --
Forester Kerry B $74,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covarrubias Nancy $187,500
Closed Covarrubias Nancy $99,910
Previous Owner Forester Kerry B $73,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2013 05/22/13 Sold $37,000 +5.7% $34 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $35,000 -- $32 / 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 $2,405 $88,540 $34,000 $54,540
2023 $2,405 $88,540 $34,000 $54,540
2022 $1,639 $59,888 $18,000 $41,888
2021 $1,386 $50,416 $16,000 $34,416
2020 $1,112 $40,436 $12,000 $28,436
2019 $1,112 $40,436 $12,000 $28,436
2018 $797 $29,008 $6,800 $22,208
2017 $479 $18,556 $6,800 $11,756
2016 $479 $18,556 $6,800 $11,756
2015 $395 $14,956 $3,200 $11,756
2014 $330 $12,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • GEORGE BISHARA

    Seller's Agent in 2013

    GEORGE BISHARA

    Maximum One Realty Greater ATL.

    (770) 317-2219

    1 in this area

    35 Total Sales

    GEORGE BISHARA
    Section Image

  • L

    Seller Co-Listing Agent in 2013

    Lynn Horner Baker

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5133832

First Multiple Listing Service (FMLS)

APN: 17-0808-0-100-0

Georgia Cobb County Smyrna 30080

1162 Falling Water Dr SE Unit 2, Smyrna, GA

This home is located at 1162 Falling Water Dr SE Unit 2, Smyrna, GA 30080 since 12 April 2013 and is currently estimated at $239,180, approximately $221 per square foot. This property was built in 1980. 1162 Falling Water Dr SE Unit 2 is a home located in Cobb County with nearby schools including Argyle Elementary School, Campbell Middle School, and Campbell High School.

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