NOT LISTED FOR SALE

1533 Reel Lake Dr SW Atlanta, GA 30331

Sandtown Neighborhood

Estimated Value: $278,000 - $326,000

3 Beds
2.5 Baths
1,970 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 06, 2013

Last sale price $95,000 $48 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $2,155/month

140 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Breakfast Room
  • Clubhouse
  • Community Pool
  • Open to Family Room

About This Home

As of May 2013

Approved Short Sale. 3 Bedroom 2.5 baths in move-in ready condition in a resort-like setting with clubhouse, playground, pool and tennis courts. Larger that a lot of detached family homes. Nestled in a quiet neighbrohood of mixed use propereties, but near all city amenities including shopping, amphitheater, skeet shooting, restaurants, airport and convenient to expressways, public transportation is within driving distance. This is a short sale and requires final approval from the lender. EM $1000 held by KW. Pre-Qual or POF required. CAUTION ALARM!

Last Agent to Sell the Property

DEBRA POINTER

Maximum One Realtor Partners License #102023 Listed on: 10/22/2012

Maximum One Realtor Partners

Last Buyer's Agent

Brandi May

Atlanta Communities License #330279

Atlanta Communities

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 2009

Lot Details

  • 2,614

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,970 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Carpet

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Open Access
  • Security System Leased

Schools

  • Stonewall Tell Elementary School
  • Sandtown Middle School
  • Westlake High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Accessible Entrance
  • ENERGY STAR Qualified Appliances
  • Patio
  • Landscaped

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 1533ReelLakeDRSW

Community Details

Overview

  • Summit/Sandtown Center Village Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,257

Year Built

Built in 2009

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary/Modern, Townhouse
  • Property Condition: Resale
  • Year Built: 2009
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Multi/Split
  • Special Features: 12

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave
  • Interior Amenities: Entrance Foyer, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Pantry, View to Family Room
  • Additional Rooms: Family Room
  • Square Footage: 1970.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Soaking Tub

Exterior Features

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

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Security: Fire Alarm, Open Access, Security System Leased, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Pool
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: SUMMIT/SANDTOWN CENTER VILLAGE

Schools

  • Elementary School: Stonewall Tell
  • Middle School: Sandtown
  • High School: Westlake

Lot Info

  • Lot: 302
  • Plat Book: RMKS
  • Plat Page: 00
  • Lot Features: Landscaped
  • Parcel Number: 1533ReelLakeN/ADRSW
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Appliances

Tax Info

  • Taxes: 2257.00
  • Assessor Parcel Number: 14F-0108-LL-137
  • Close Date: 2013-05-06
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Stonewall Tell
  • High School: Westlake
  • Middle School: Sandtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2012
Closed on
May 6, 2013
Sold by
Daniels Latanga
Bought by
Jackson Alyson
Seller's Agent
DEBRA POINTER
Maximum One Realtor Partners
Buyer's Agent
Brandi May
Atlanta Communities
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$308,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,976
Avg. Annual Appreciation
10.25%
Original Mortgage
$93,279
Outstanding Balance
$65,867
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$249,215

Purchase Details

Closed on
Oct 9, 2009
Sold by
Dr Horton Inc
Bought by
Daniels Latanga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,417
Interest Rate
5.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jackson Alyson $95,000 --
Daniels Latanga $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Alyson $6,697
Closed Jackson Alyson $9,196
Open Jackson Alyson $93,279
Previous Owner Daniels Latanga $139,417
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2013 05/06/13 Sold $95,000 0.0% $48 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $95,000 -- $48 / 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 $4,385 $119,040 $27,240 $91,800
2023 $2,959 $104,840 $27,440 $77,400
2022 $3,367 $85,880 $21,680 $64,200
2021 $2,788 $69,640 $15,040 $54,600
2020 $2,800 $68,800 $14,840 $53,960
2019 $2,670 $67,600 $14,600 $53,000
2018 $2,325 $58,400 $11,040 $47,360
2017 $1,548 $37,992 $8,632 $29,360
2016 $1,549 $37,990 $8,630 $29,360
2015 $1,553 $37,990 $8,630 $29,360
2014 $1,638 $37,990 $8,630 $29,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5077256

First Multiple Listing Service (FMLS)

APN: 14F-0108-LL-137-7