NOT LISTED FOR SALE

1501 Rainier Falls Dr NE Atlanta, GA 30329

Biltmore Acres Neighborhood

Estimated Value: $742,000 - $954,000

4 Beds
2 Baths
2,705 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $535,100 $198 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,511/month

4 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Solid Surface Countertops
  • Druid Hills High School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of March 2018

Charming, spacious and in sought after Public Montesori school district. This lovely brick home, features a large updated kitchen with charming breakfast area, vaulted & beamed ceiling, abundant natural light. Recent updates include 2-yr-old roof, encapsulated basement, 1-yr-old HVAC condenser & coil. Hardwood floors, skylights, wrap-around deck. All of this in a wonderful neighborhood tucked between Emory/CDC, Toco Hills & Lavista. Priced aggressively, come see for yourself.

Last Agent to Sell the Property

Jo Gipson

Compass License #243231 Listed on: 02/16/2018

Compass

Last Buyer's Agent

Arvie Magnuson

Atlanta Fine Homes Sotheby's International License #376411

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,930

Year Built

  • Built in 1963

Lot Details

  • 0.5 Acre Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,705 Sq Ft Home
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Decorative Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Vaulted Bathroom Ceilings
  • Low Flow Plumbing Fixtures
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Garage
  • 2 Carport Spaces
  • Parking Accessed On Kitchen Level
  • Side Facing Garage

Schools

  • Briar Vista Elementary School
  • Druid Hills Middle School
  • Druid Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Entrance
  • Patio

Listing and Financial Details

  • Legal Lot and Block 9 / B
  • Assessor Parcel Number 18 105 08 009

Community Details

Overview

  • Property has a Home Owners Association
  • Victoria Estates Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,930

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1963
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Decorative
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Disappearing Attic Stairs, High Ceilings 9 ft Main, Low-Flow Fixtures
  • Basement: Partial, Unfinished
  • Kitchen Features: Breakfast Bar, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2705.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Roommate Floor Plan
  • Main Bedrooms: 4
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Shower Only, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Near Trails/Greenway, Sidewalks
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Monthly
  • Subdivision Complex: Victoria Estates

Schools

  • Elementary School: Briar Vista
  • Middle School: Druid Hills
  • High School: Druid Hills

Lot Info

  • Acres: 0.5000
  • Lot: 9
  • Land/Lot: 105
  • Deed Book: 25553
  • Deed Page: 532
  • Plat Book: 37
  • Plat Page: 110
  • Lot Features: Wooded
  • Lot Dimensions: .5 Acres
  • Parcel Number: 18 105 08 009
  • Property Attached Yn: No

Tax Info

  • Taxes: 5930.00
  • Assessor Parcel Number: 18-105-08-009
  • Close Date: 2018-03-29
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Briar Vista
  • High School: Druid Hills
  • Middle School: Druid Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 29, 2018
Sold by
Christopher David
Bought by
Geijer Magnus T and Geijer Flynn
Seller's Agent
Jo Gipson
Compass
Buyer's Agent
Arvie Magnuson
Atlanta Fine Homes Sotheby's International
List Price
$510,000
Sold Price
$535,100
Premium/Discount to List
$25,100
4.92%
Current Estimated Value
$869,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,274
Avg. Annual Appreciation
6.78%
Original Mortgage
$161,100
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2015
Closed on
May 10, 2016
Sold by
Ramsay James G
Bought by
Christopher David and Christopher Wendy
Seller's Agent
GARRY WILMOT
Origins Real Estate
Buyer's Agent
Jo Gipson
Compass
List Price
$489,000
Sold Price
$470,000
Premium/Discount to List
-$19,000
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$399,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Edgar Randolph M
Bought by
Ramsay James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
6.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 18, 2002
Sold by
Sonnenfeld Jeffrey A
Bought by
Edgar Randolph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.13%
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
Geijer Magnus T $535,100 --
Christopher David $470,000 --
Ramsay James G $478,000 --
Edgar Randolph M $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geijer Magnus T $155,300
Closed Geijer Magnus T $161,100
Previous Owner Christopher David $399,500
Previous Owner Ramsay James G $260,000
Previous Owner Ramsay James G $239,000
Previous Owner Ramsay James G $200,000
Previous Owner Edgar Randolph M $55,000
Previous Owner Edgar Randolph M $200,000
Previous Owner Edgar Randolph M $149,155
Previous Owner Edgar Randolph M $100,000
Previous Owner Edgar Randolph M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $535,100 +4.9% $198 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $510,000 +8.5% $189 / Sq Ft
05/10/2016 05/10/16 Sold $470,000 -3.9% $174 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $489,000 0.0% $181 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
08/24/2015 08/24/15 Price Changed $489,000 -2.2% $181 / Sq Ft
06/19/2015 06/19/15 For Sale $500,000 0.0% $185 / Sq Ft
09/11/2014 09/11/14 Rented $2,400 0.0% --
08/12/2014 08/12/14 Under Contract -- -- --
07/30/2014 07/30/14 For Rent $2,400 -5.9% --
01/15/2013 01/15/13 Rented $2,550 -10.5% --
12/16/2012 12/16/12 Under Contract -- -- --
10/18/2012 10/18/12 For Rent $2,850 -- --
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 $9,284 $296,360 $91,960 $204,400
2023 $9,284 $289,440 $91,960 $197,480
2022 $7,952 $236,000 $84,960 $151,040
2021 $7,953 $236,000 $84,960 $151,040
2020 $7,278 $249,480 $90,000 $159,480
2019 $7,579 $223,480 $90,000 $133,480
2018 $5,980 $183,800 $90,000 $93,800
2017 $8,199 $177,640 $47,200 $130,440
2016 $5,930 $172,800 $47,200 $125,600
2014 $4,264 $125,800 $47,200 $78,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5966225

First Multiple Listing Service (FMLS)

APN: 18-105-08-009