NOT LISTED FOR SALE

1487 Springwood Dr SE Smyrna, GA 30080

Estimated Value: $468,521 - $575,000

4 Beds
4 Baths
2,496 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $265,000 $106 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,298/month

8 Days on Market

About This Home

As of December 2020

New listing. Duplex in phenomenal Smyrna location just off King Springs Road near Concord Road, downtown Smyrna Village, The Battery. Adjacent property at 1478 Diane Court is also available (seller prefers to sell both properties together).

Last Listed By

Chad Manion

Frontier Capital LLC License #179591 Listed on: 11/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 1983

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 138x219

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Smyrna Elementary School
  • Campbell Middle School
  • Campbell High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Spring Wood Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17055300080
  • Tax Block A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,769

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1983
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Shingle

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Spring Wood Manor

Schools

  • Elementary School: Smyrna
  • Middle School: Campbell
  • High School: Campbell

Lot Info

  • Acres: 0.2960
  • Land/Lot: 553
  • Section G M D: 2
  • Plat Book: 80
  • Plat Page: 93
  • Lot Dimensions: 138x219
  • Parcel Number: 17055300080
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 2769.00
  • Assessor Parcel Number: 17-0553-0-008-0
  • Close Date: 2020-12-18
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Sunny Narshi
Bought by
Ralhan Dhruv
Total Days on Market
8
Current Estimated Value
$525,630

Purchase Details

Listed on
Nov 10, 2020
Closed on
Dec 18, 2020
Sold by
Pirani Salivian
Bought by
Pirani Salman and Narshi Sunny
Seller's Agent
Chad Manion
Frontier Capital LLC
Buyer's Agent
Sunny Narshi
NOT A VALID MEMBER
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$190,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Kendrick Jeff E
Bought by
Kdk Grp Llc

Purchase Details

Closed on
Dec 5, 2013
Sold by
Kdk Properties Llc
Bought by
Kendrick Jeff E and Kendrick Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2007
Sold by
Kendrick Jeff E and Kendrick Kevin D
Bought by
Kdk Prop Llc

Purchase Details

Closed on
Oct 27, 2006
Sold by
Payne David A
Bought by
Kendrick Jeff E and Kendrick Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1995
Sold by
Hunter John L
Bought by
Payne David A

Range of Values:

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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
Ralhan Dhruv $540,000 Lueder Larkin & Hunter Llc
Pirani Salman -- None Available
Pirani Salman $265,000 None Listed On Document
Kdk Grp Llc -- --
Kendrick Jeff E -- --
Kdk Prop Llc -- --
Kendrick Jeff E $172,000 --
Payne David A $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ralhan Dhruv $324,000
Previous Owner Pirani Salman $190,500
Previous Owner Kendrick Jeff E $112,000
Previous Owner Kendrick Jeff E $122,000
Previous Owner Payne David A $112,500
Closed Payne David A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $265,000 +6.0% $106 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $249,900 -- $100 / 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 $4,269 $157,164 $40,000 $117,164
2023 $3,922 $144,392 $24,000 $120,392
2022 $2,014 $73,600 $18,000 $55,600
2021 $2,023 $73,600 $18,000 $55,600
2020 $2,086 $75,896 $18,000 $57,896
2019 $1,370 $49,836 $10,000 $39,836
2018 $1,370 $49,836 $10,000 $39,836
2017 $836 $32,412 $6,000 $26,412
2016 $836 $32,412 $6,000 $26,412
2015 $599 $22,696 $6,000 $16,696
2014 $605 $22,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6807310

First Multiple Listing Service (FMLS)

APN: 17-0553-0-008-0