NOT LISTED FOR SALE

1500 Reel Lake Dr SW Atlanta, GA 30331

Estimated Value: $251,000 - $312,000

3 Beds
2.5 Baths
2,028 Sq Ft
$140/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $265,000 $131 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,882/month

Highlights

  • Vaulted Ceiling
  • Tennis Courts
  • Swim Team
  • 1 Fireplace
  • Central Heating and Cooling System
  • Carpet

About This Home

As of May 2023

Nice Swim and Tennis Townhome Community. 2story 3 bedrooms 2.5 baths. hardwoods in the foyer and in the eat in kitchen. Granite countertops in kitchen, dishwasher, microwave, self-clean electric range. large living/dining room combo w/fireplace. covered patio for relaxing or grilling. The upstairs owner's suite has a sitting area 2 walk-in closets. The bathroom has a separate garden tub and walk in shower with double vanities. laundry area in the hallway, small loft area for children's work desk or play area. Two additional spacious bedrooms and hall bathtub/shower combo. New appliances coming, old ones in garage will be removed. new roof. new hvac .

Last Agent to Rent the Property

Najm Ladipo

Virtual Properties Realty.com License #405501 Listed on: 04/03/2023

Virtual Properties Realty.com

Last Renter's Agent

No Sales Agent

Non-Mls Company License #0

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,518

Year Built

  • Built in 2010 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2,028 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Pull Down Stairs to Attic
  • Basement

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Randolph Elementary School
  • Sandtown Middle School
  • Westlake High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Security Deposit $2,100
  • 12-Month Min and 36-Month Max Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include swimming, tennis
  • Summit Villages At Sandtown Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,518

Year Built

Built in 2010 | Remodeled

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Security Deposit: 2100

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2010
  • ArchitecturalStyle: Other
  • Main Level Half Bathrooms: 1
  • Financing Type: LEASE
  • Levels: Multi/Split
  • Lot Size Acres: .08
  • Property Sub-Type: Townhouse
  • Structure Type: Other
  • Max Rental Period Months: 36
  • Min Rental Period Months: 12
  • Total Finished Area2: 2028
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Maker, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: Concrete
  • Total Finished Sq Ft: 2028
  • Above Grade Finished Sq Ft: 2028
  • Interior Amenities: Vaulted Ceiling(s), High Ceilings, Pulldown Attic Stairs
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Laminate, Carpet
  • Price Per Square Foot: 1.03550

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Other
  • Lot Features: Other
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Electric, Central, Heat Pump
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Connected, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Playground, Sidewalks, Swim Team, Tennis Court(s)

Fee Information

  • Fee Paid: No
  • Association Fee Includes: Swimming, Tennis

Schools

  • Elementary School: Randolph
  • High School: Westlake
  • Middle School: Sandtown
  • Elementary School: Randolph
  • Middle School: Sandtown
  • High School: Westlake

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Nov 19, 2021
Sold by
Williams Henry
Bought by
Hassan Babajide
Seller's Agent
Najm Ladipo
Virtual Properties Realty.com
Buyer's Agent
Nancy Baker
Cross Creek Realty
Sold Price
$2,050
Current Estimated Value
$284,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,490
Avg. Annual Appreciation
1.83%

Purchase Details

Closed on
Apr 9, 2015
Sold by
Graham Phyliss D
Bought by
Graham Phyliss D and Williams Henry N

Purchase Details

Closed on
Sep 11, 2013
Sold by
Graham Naomi D
Bought by
Graham Phyliss D

Purchase Details

Closed on
Jun 30, 2011
Sold by
Dr Horton Inc
Bought by
Graham Naomi D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,410
Interest Rate
4.25%
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
Hassan Babajide $265,000 --
Graham Phyliss D -- --
Graham Phyliss D -- --
Graham Naomi D $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Naomi D $103,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2023 05/20/23 Rented $2,100 0.0% --
04/03/2023 04/03/23 For Rent $2,100 +2.4% --
02/14/2022 02/14/22 Rented $2,050 0.0% --
01/17/2022 01/17/22 For Rent $2,050 0.0% --
11/15/2021 11/15/21 Sold $265,000 0.0% $131 / Sq Ft View Prior Sale
11/09/2021 11/09/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $265,000 +3.9% $131 / Sq Ft
09/17/2021 09/17/21 For Sale $255,000 -- $126 / Sq Ft
Source: Georgia MLS

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 $4,518 $109,200 $22,280 $86,920
2023 $3,310 $117,280 $23,560 $93,720
2022 $3,388 $86,400 $23,560 $62,840
2021 $2,847 $71,120 $13,080 $58,040
2020 $2,754 $67,680 $12,280 $55,400
2019 $2,231 $56,480 $11,240 $45,240
2018 $2,196 $55,160 $10,960 $44,200
2017 $1,867 $45,800 $10,920 $34,880
2016 $1,867 $45,800 $10,920 $34,880
2015 $1,872 $45,800 $10,920 $34,880
2014 -- $45,800 $10,920 $34,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20113763

Georgia MLS

APN: 14F-0108-LL-069-2