NOT LISTED FOR SALE

Estimated Value: $408,260

3 Beds
2 Baths
1,277 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $380,000 $298 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,228/month

4 Days on Market

Highlights

  • City View
  • Ranch Style House
  • 1 Fireplace
  • Marietta High School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of May 2023

If you run a business out of your home, then you'll want to keep reading as this rare property is zoned for both residential and commercial use. Whether you're looking to make this place a homestead or have big entrepreneurial plans, this 3/2 ranch offers a multitude of opportunities. The spacious kitchen with ample counter and cabinet space, a deep farmhouse sink, and open shelving is great for entertaining or being used as a commercial kitchen for your next baking business. The bedrooms are versatile and can be used for hosting guests, a home office, an art studio, or even a video game room. The backyard offers plenty of space and includes additional paved parking and a two-story shed, perfect for working on vehicles, storing gardening equipment, or creating an at-home workshop. If the endless opportunities within the home weren't enticing enough, the possibilities outside of the home are equally impressive. This property is located less than 2 miles from the Marietta Square, which offers a variety of establishments ranging from locally-owned restaurants to boutique retailers and craft breweries. It also hosts weekend festivals, art walks, and local performances. Seize this opportunity while you can!

Last Agent to Sell the Property

Harrison Thornhill

RE/MAX Metro Atlanta Cityside License #371236 Listed on: 05/18/2023

Co-Listed By

Meha Iyer

RE/MAX Metro Atlanta Cityside License #429107

Last Buyer's Agent

ANDREW MORGAN

Keller Williams Realty Atl North License #263401

Keller Williams Realty Atl North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $758

Year Built

  • Built in 1953

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 89 x 75
  • Back Yard Fenced and Front Yard

Home Design

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

Interior Spaces

  • 1,277 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Great Room
  • Breakfast Room
  • Wood Flooring
  • City Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Lockheed Elementary School
  • Marietta Middle School
  • Marietta High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Cloverdale Heights Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 50
  • Assessor Parcel Number 16124100440

Home Details

Home Type

Single Family

Est. Annual Taxes

$758

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: CLOVERDALE HEIGHTS LOT 50
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1953
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Gas Oven
  • Kitchen Features: Breakfast Room, Cabinets White, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Great Room
  • Square Footage: 1277.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced
  • Patio And Porch Features: Enclosed
  • Exterior Features: Private Yard
  • View: City
  • Foundation: None

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Electric: None

Condo/Co-op/Association

  • Home Warranty: Yes
  • Subdivision Complex: Cloverdale Heights

Schools

  • Elementary School: Lockheed
  • Middle School: Marietta
  • High School: Marietta

Lot Info

  • Acres: 0.2580
  • Lot: 50
  • Land/Lot: 1241
  • Section G M D: 2nd
  • Plat Book: 9
  • Plat Page: 153
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: 89 x 75
  • Parcel Number: 16124100440
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 758.00
  • Assessor Parcel Number: 16-1241-0-044-0
  • Close Date: 2023-05-31
  • Tax Year: 2022

MLS Schools

  • Elementary School: Lockheed
  • High School: Marietta
  • Middle School: Marietta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
May 31, 2023
Sold by
Olmstead Leif P
Bought by
Lanford Mark
Seller's Agent
Harrison Thornhill
RE/MAX Metro Atlanta Cityside
Buyer's Agent
ANDREW MORGAN
Keller Williams Realty Atl North
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Views
44
Current Estimated Value
$408,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,260
Avg. Annual Appreciation
3.02%
Original Mortgage
$304,000
Outstanding Balance
$295,871
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$112,389

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 26, 2020
Sold by
Rgm Properties Partnership Lllp
Bought by
Olmstead Leif P and Wiege Ashlyn M
Seller's Agent
Valeska Moraes
EXP Realty, LLC.
Buyer's Agent
Vicky Fernandez
Maximum One Realty Partners
List Price
$284,900
Sold Price
$267,000
Premium/Discount to List
-$17,900
-6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%
Original Mortgage
$262,163
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2020
Sold by
Hilburn Holdings Llc
Bought by
Rgm Properties Partnership Lllp

Purchase Details

Closed on
May 30, 2008
Sold by
Sanders Jerry B
Bought by
Hilburn Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,312
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2003
Sold by
Mcdaniel Margaret K
Bought by
Sanders Jerry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2001
Sold by
Railey Patricia K
Bought by
Mcdaniel Ronald V and Mcdaniel Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.89%
Mortgage Type
Commercial
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
Lanford Mark $380,000 None Listed On Document
Olmstead Leif P $267,000 None Available
Rgm Properties Partnership Lllp $135,500 --
Rgm Properties Partnership Lllp $135,500 None Available
Hilburn Holdings Llc $180,000 --
Sanders Jerry B $126,000 --
Mcdaniel Ronald V $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanford Mark $304,000
Previous Owner Olmstead Leif P $262,163
Previous Owner Hilburn Holdings Llc $92,312
Previous Owner Sanders Jerry B $100,000
Previous Owner Mcdaniel Ronald V $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $380,000 +1.3% $298 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $375,000 +40.4% $294 / Sq Ft
08/26/2020 08/26/20 Sold $267,000 -4.6% $194 / Sq Ft View Prior Sale
07/26/2020 07/26/20 Pending -- -- --
07/25/2020 07/25/20 Price Changed $279,900 -1.8% $203 / Sq Ft
06/30/2020 06/30/20 For Sale $284,900 -- $207 / 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 $1,043 $123,228 $37,988 $85,240
2024 $1,043 $123,228 $37,988 $85,240
2023 $93 $107,472 $33,032 $74,440
2022 $758 $103,920 $31,880 $72,040
2021 $771 $99,600 $31,880 $67,720
2020 $335 $38,948 $21,420 $17,528
2019 $316 $36,764 $21,420 $15,344
2018 $316 $36,764 $21,420 $15,344
2017 $253 $36,764 $21,420 $15,344
2016 $222 $32,216 $17,852 $14,364
2015 $242 $32,216 $17,852 $14,364
2014 $244 $31,516 $17,852 $13,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7218574

First Multiple Listing Service (FMLS)

APN: 16-1241-0-044-0