NOT LISTED FOR SALE

1387 Summer Lane Dr SE Atlanta, GA 30316

Custer-Mcdonough-Guice Neighborhood

Estimated Value: $536,000 - $923,000

5 Beds
4 Baths
2,189 Sq Ft
$338/Sq Ft Est. Value

Last Sold February 17, 2020

Last sale price $315,000 $144 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $5,505/month

7 Days on Market

Highlights

  • Craftsman Architecture
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Oversized primary bedroom
  • Great Room

About This Home

As of February 2020

3-4 bedroom Executive level home w/ complete 1 bedroom apartment at terrace level (private entrance & full kitchen / $900 Rental Income to offset mortgage sound good?). Main house boasts open floor plan w/ comfortable great room (fireplace), separate dining, breakfast bar, very nice kitchen. Main level has a full bath adjoining a study/den / bedroom. Oversized master w/ large bath & walk-in closet. Two additional bedrooms w/ Jack & Jill bath. Wonderful opportunity. Very nice home. Owner has rented out the lower level apartment for $800 / month on the low side and as much as $1000 / month on the high side. That's a nice chunk of change to apply to your mortgage every month. Otherwise, makes for a great in-law suite, teen suite, or entertainment area (man cave).

Last Agent to Sell the Property

Jay Silliman

7 Real Estate Management Services License #169607 Listed on: 01/02/2020

Last Buyer's Agent

Minesh Patel

BHGRE Metro Brokers License #339511

BHGRE Metro Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,210

Year Built

  • Built in 2005

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts a private road
  • Sloped Lot
  • Private Yard
  • Back Yard

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,189 Sq Ft Home
  • 3-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Parkside Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Summer Creek Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 14 0009 LL0961

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,210

Year Built

Built in 2005

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2005
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Great Room
  • Square Footage: 2189.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master, Roommate Floor Plan, Split Bedroom Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Shingle
  • Patio And Porch Features: Deck
  • Exterior Features: Private Yard

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Leased, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Near Marta, Near Shopping, Public Transportation, Street Lights
  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Summer Creek Park

Schools

  • Elementary School: Parkside
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson

Lot Info

  • Acres: 0.1600
  • Lot: 1
  • Land/Lot: 096
  • Section G M D: 0009
  • Lot Features: Back Yard, Private, Sloped
  • Parcel Number: 14 0009 LL0961
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2210.00
  • Assessor Parcel Number: 14-0009-LL-096-1
  • Close Date: 2020-02-17
  • Tax Year: 2017

MLS Schools

  • Elementary School: Parkside
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 14, 2020
Sold by
Mairena Henry Rolando
Bought by
Mairena Henry Rolando and Mairena Dannon Ari
Seller's Agent
Jay Silliman
7 Real Estate Management Services
Buyer's Agent
Minesh Patel
BHGRE Metro Brokers
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Current Estimated Value
$812,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,815
Avg. Annual Appreciation
15.98%
Original Mortgage
$283,500
Outstanding Balance
$252,617
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$457,041

Purchase Details

Closed on
Aug 25, 2009
Sold by
Hsbc Mtg Svcs Inc
Bought by
Shehab Gamal and Feng Hsiao-Ying

Purchase Details

Closed on
Mar 3, 2009
Sold by
Nobles Majarni M
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Jan 11, 2006
Sold by
Apd Custom Homes Inc
Bought by
Nobles Majarni M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,400
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Mairena Henry Rolando -- --
Mairena Henry Rolando $315,000 --
Shehab Gamal $251,300 --
Hsbc Mortgage Services Inc $210,931 --
Nobles Majarni M $327,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mairena Henry Rolando $283,500
Closed Mairena Henry Rolando $283,500
Previous Owner Nobles Majarni M $65,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2020 02/17/20 Sold $315,000 -6.0% $144 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $335,000 -- $153 / 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
2025 $7,856 $302,640 $86,880 $215,760
2023 $10,196 $246,280 $76,560 $169,720
2022 $9,967 $246,280 $76,560 $169,720
2021 $5,104 $126,000 $35,320 $90,680
2020 $7,280 $177,720 $51,440 $126,280
2019 $520 $174,560 $50,520 $124,040
2018 $5,359 $170,440 $49,320 $121,120
2017 $2,210 $79,960 $16,600 $63,360
2016 $2,216 $79,960 $16,600 $63,360
2015 $2,225 $79,960 $16,600 $63,360
2014 $239 $79,960 $16,600 $63,360
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jay Silliman

    7 Real Estate Management Services

    (404) 558-9854

    14 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Minesh Patel

    Better Homes and Gardens Real Estate

    (404) 843-2500

    127 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6661559

First Multiple Listing Service (FMLS)

APN: 14-0009-LL-096-1

Georgia Fulton County Atlanta 30316 Custer-Mcdonough-Guice

1387 Summer Lane Dr SE, Atlanta, GA

This home is located at 1387 Summer Lane Dr SE, Atlanta, GA 30316 since 02 January 2020 and is currently estimated at $740,679, approximately $338 per square foot. This property was built in 2005. 1387 Summer Lane Dr SE is a home located in Fulton County with nearby schools including Benteen Elementary School, King Middle School, and Maynard Holbrook Jackson High School.

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