$228,900
SOLD JUN 23, 2022

1391 Margarette Dr Decatur, GA 30035

4 Beds
2 Baths
1,694 Sq Ft
0.3 Acres

Recently Sold

$135 Per Sq Ft

14% Above List Price

Highlights

  • Open-Concept Dining Room
  • Private Lot
  • 1 Fireplace
  • Deck
  • Traditional Architecture
  • Bonus Room

About This Home

As of February 2024

Investment opportunity! This 4 Bedroom, 2 Full Bath, Split-Level Home is conveniently located just off of I-285. It has a recently renovated kitchen with a newer Electric Range, Dishwasher, Refrigerator, Kitchen Cabinets & Solid Surface Countertops. Kitchen is open to the Living Room/Dining Room Combo Area and there is an enclosed Porch that leads to the back deck. The upper level has 2 bedrooms & 1 Bathroom. The lower level also has 2 Bedrooms & 1 Bathroom.

Last Agent to Sell the Property

Andrea Peeler

RE/MAX Center License #413254 Listed on: 05/26/2022

RE/MAX Center

Last Buyer's Agent

Michael Brock

Foundations Realty Group, LLC License #294069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1956

Lot Details

  • 0.3 Acre Lot
  • Property fronts an easement
  • Private Entrance
  • Chain Link Fence
  • Private Lot
  • Level Lot
  • Back Yard Fenced and Front Yard

Home Design

  • Traditional Architecture
  • Split Level Home
  • Frame Construction
  • Composition Roof
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,694 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Open-Concept Dining Room
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry on lower level

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Laminate Countertops
  • White Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Deck

Schools

  • Rowland Elementary School
  • Mary Mcleod Bethune Middle School
  • Towers High School

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Pedley Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / B
  • Assessor Parcel Number 15 196 06 014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,686

Year Built

Built in 1956

Lot Details

0

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: 1956
  • Levels Stories: Multi/Split
  • Above Grade Finished Sq Ft: 1694.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Range Hood
  • Kitchen Features: Cabinets White, Laminate Counters, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room
  • Dining Room Features: Open Concept
  • Square Footage: 1694.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Lower Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Lower Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick 4 Sides, Frame
  • Roof Type: Composition
  • Fencing: Back Yard, Chain Link
  • Patio And Porch Features: Deck
  • Exterior Features: Private Front Entry
  • Foundation: Concrete Perimeter

Garage/Parking

  • Parking Features: Driveway, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Lower Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Subdivision Complex: Pedley Hills

Schools

  • Elementary School: Rowland
  • Middle School: Mary McLeod Bethune
  • High School: Towers

Lot Info

  • Acres: 0.3000
  • Lot: 14
  • Land/Lot: 196
  • Plat Book: 24
  • Plat Page: 109
  • Lot Features: Back Yard, Front Yard, Level, Private, Sloped
  • Parcel Number: 15 196 06 014
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2686.00
  • Assessor Parcel Number: 15-196-06-014
  • Close Date: 2022-06-23
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Rowland
  • High School: Towers
  • Middle School: Mary McLeod Bethune

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Mar 7, 2024
Sold by
Nrz Reo Inventory Llc
Bought by
Meza Javier
Seller's Agent
Robert Salmons
Entera Realty, LLC
Buyer's Agent
Carmela Moreno
CMC Realty ERA Powered
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Views
112
Current Estimated Value
$260,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,804
Avg. Annual Appreciation
-7.55%
Original Mortgage
$221,250
Outstanding Balance
$217,577
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$42,619

Purchase Details

Listed on
Oct 23, 2023
Closed on
Feb 14, 2024
Sold by
Boulton Properties Llc
Bought by
Nrz Reo Inventory Llc
Seller's Agent
Robert Salmons
Entera Realty, LLC
Buyer's Agent
Carmela Moreno
CMC Realty ERA Powered
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Outstanding Balance
$217,577
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$42,619

Purchase Details

Closed on
Sep 9, 2022
Sold by
Crowne Property Acquisitions Llc
Bought by
Boulton Properties Llc

Purchase Details

Listed on
May 26, 2022
Closed on
Jun 23, 2022
Sold by
Norman Stacy Ann
Bought by
Crowne Property Acquisitions Llc
Seller's Agent
Andrea Peeler
RE/MAX Center
Buyer's Agent
Michael Brock
Foundations Realty Group, LLC
List Price
$200,000
Sold Price
$228,900
Premium/Discount to List
$28,900
14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Dec 16, 2009
Sold by
Res Distreesed Asset Fund Ix
Bought by
Keleman D P & P D Family Trust

Purchase Details

Closed on
Sep 1, 2009
Sold by
Tax Commissioner & Ex Officio
Bought by
Gay Betty

Purchase Details

Closed on
Jun 1, 2009
Sold by
Ameriquest Mtg Series 2003-10
Bought by
Res Distressed Asset Fund Ix L

Purchase Details

Closed on
Oct 8, 2008
Sold by
Barnes Charles
Bought by
Ameriquest Mortgage 2003-10

Purchase Details

Closed on
Oct 17, 2000
Sold by
Cranford Gene M
Bought by
Barnes Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
11.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2000
Sold by
Rodi Martha E
Bought by
Cranford Gene M

Purchase Details

Closed on
Jun 15, 2000
Sold by
Cranford Gene M
Bought by
Cranford Gene M
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 Type Sale Price Title Company
Warranty Deed $295,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $228,900 --
Deed $35,200 --
Foreclosure Deed $17,000 --
Deed $9,100 --
Foreclosure Deed $135,000 --
Deed $112,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $221,250 New Conventional
Previous Owner $106,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $295,000 -3.3% $174 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
10/23/2023 10/23/23 For Sale $305,000 +33.2% $180 / Sq Ft
06/23/2022 06/23/22 Sold $228,900 +14.5% $135 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $200,000 -- $118 / 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 $4,292 $87,240 $10,000 $77,240
2023 $4,292 $79,920 $10,000 $69,920
2022 $3,207 $64,640 $7,400 $57,240
2021 $2,561 $49,920 $7,400 $42,520
2020 $2,317 $44,360 $7,400 $36,960
2019 $2,150 $40,560 $7,400 $33,160
2018 $1,581 $34,080 $7,400 $26,680
2017 $1,876 $34,160 $7,400 $26,760
2016 $1,514 $25,880 $7,400 $18,480
2014 $1,269 $19,840 $7,400 $12,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7055224

First Multiple Listing Service (FMLS)

APN: 15-196-06-014