NOT LISTED FOR SALE

1402 Ridgecrest Ln SE Smyrna, GA 30080

Estimated Value: $239,000 - $257,324

3 Beds
2.5 Baths
1,232 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $86,000 $70 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,521/month

6 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • End Unit
  • Campbell High School Rated A-
  • Traditional Architecture
  • Great Room

About This Home

As of February 2019

Here's your chance to make this fixer upper property to your Dream Home w/ a Renovation Loan! INVESTORS-Looking for a property to flip/renovate, hold, & rent out? No HOA/RENT RESTRICTIONS! End unit, duplex townhome is just 1.5 miles to the Battery, close to Hwys & Shopping, walking distance to Jonquil Park. Main floor has open floor plan w/ large kitchen, 2-story living rm w/ fireplace, & half bath. Upstairs has 2BR/1BA. Basement is a blank canvas for you to create your ideal space whether its In-Law Suite, Rec Rm, or Theatre. Endless Possibilities to earn sweat equity!

Last Agent to Sell the Property

Peter Marks

Method Real Estate Advisors License #325811 Listed on: 01/22/2019

Method Real Estate Advisors

Co-Listed By

Alli Maddox

Method Real Estate Advisors License #353605

Last Buyer's Agent

Glen Davie

NOT A VALID MEMBER License #360873

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $996

Year Built

  • Built in 1983

Lot Details

  • End Unit

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Frame Construction
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • Parking Accessed On Kitchen Level
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near shops

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 17080802600

Community Details

Overview

  • Falling Water Subdivision

Recreation

  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$996

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Fixer Upper
  • Year Built: 1983
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Interior Amenities: High Speed Internet, Walk-In Closet(s)
  • Basement: Exterior Entry, Full, Interior Entry
  • Kitchen Features: Cabinets Other, Eat-in Kitchen, Stone Counters
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Square Footage: 1232.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Roommate Floor Plan
  • Lower Bedrooms: 1
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Frame, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Kitchen Level, On Street

Utilities

  • Cooling: Ceiling Fan(s), Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Near Shopping, Park, Public Transportation
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Falling Water

Association/Amenities

  • Number Of Units In Community: 1

Lot Info

  • Plat Book: 14847
  • Plat Page: 5609
  • Lot Dimensions: 0.207 Per Realist
  • Parcel Number: 17080802600
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 996.00
  • Tax Year: 2018

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
Jul 30, 2019
Sold by
Salgado Loreto Cuevas
Bought by
Salgado Loreto Cuevas and Valencia Luis Antonio
Current Estimated Value
$247,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 19, 2019
Sold by
Ofomata Ogochukwu
Bought by
Mojica Maurilio
Seller's Agent
Peter Marks
Method Real Estate Advisors
Buyer's Agent
Glen Davie
NOT A VALID MEMBER
List Price
$82,500
Sold Price
$86,000
Premium/Discount to List
$3,500
4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.85%

Purchase Details

Closed on
Apr 13, 2011
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Ofamalo Ogachukaro

Purchase Details

Closed on
Nov 2, 2010
Sold by
Lewis Marcella
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
May 30, 2006
Sold by
Borchartdt Tracy L
Bought by
Lewis Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1998
Sold by
Gouze Fran J
Bought by
Borchardt Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,175
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Salgado Loreto Cuevas -- --
Salgado Loreto Cuevas $140,000 --
Mojica Maurilio $86,000 --
Ofamalo Ogachukaro $34,000 --
Federal Natl Mtg Assn Fnma $84,439 --
Lewis Marcella $115,000 --
Borchardt Tracy L $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Salgado Loreto Cuevas $30,000
Previous Owner Lewis Marcella $115,000
Previous Owner Borchardt Tracy L $75,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2019 02/22/19 Sold $86,000 +4.2% $70 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $82,500 -- $67 / 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 $2,621 $106,496 $34,000 $72,496
2024 $2,621 $106,496 $34,000 $72,496
2023 $2,892 $106,496 $34,000 $72,496
2022 $2,276 $83,196 $18,000 $65,196
2021 $1,893 $68,876 $16,000 $52,876
2020 $1,306 $47,500 $12,000 $35,500
2019 $1,306 $47,500 $12,000 $35,500
2018 $996 $36,236 $6,800 $29,436
2017 $577 $22,360 $6,800 $15,560
2016 $577 $22,360 $6,800 $15,560
2015 $495 $18,760 $3,200 $15,560
2014 $416 $15,608 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Marks

    Seller's Agent in 2019

    Peter Marks

    Method Real Estate Advisors

    (404) 585-7355

    5 in this area

    360 Total Sales

    Peter Marks
    Section Image
  • Alli Maddox

    Seller Co-Listing Agent in 2019

    Alli Maddox

    Method Real Estate Advisors

    (404) 751-6180

    3 in this area

    33 Total Sales

    Alli Maddox
    Section Image

  • G

    Buyer's Agent in 2019

    Glen Davie

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6124524

First Multiple Listing Service (FMLS)

APN: 17-0808-0-260-0

Georgia Cobb County Smyrna 30080

1402 Ridgecrest Ln SE, Smyrna, GA

Not Listed for Sale

Townhouses

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