NOT LISTED FOR SALE

1586 Rainier Falls Dr NE Atlanta, GA 30329

Biltmore Acres Neighborhood

Estimated Value: $947,000 - $1,144,428

5 Beds
4 Baths
3,993 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $960,000 $240 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,358/month

1 Day on Market

Highlights

  • Second Kitchen
  • Pool House
  • Private Lot
  • Druid Hills High School Rated A-
  • City View
  • Wooded Lot

About This Home

As of August 2022

Check out our 3D virtual tour! Sophistication abounds in this this 5 bed 4 bath contemporary California ranch home that sits on a beautifully landscaped lot. Your breath will be taken away as you notice hints of mid-century all over the place. The foyer leads to the wide-open floor plan with Asian Rosewood flooring. Wander seamlessly to the living room with fireplace, then into the light-filled sunroom with a wall of sliding doors leading to the ground-level patio and hot tub, the enormous private screened porch and inground saltwater pool with diving board and slide! The kitchen includes granite countertops, stainless steel appliances, double wall ovens, cooktop on the oversize marble island with seating, and adjoining dinette. Off the kitchen is a rec room offering direct access to the pool, two-car garage, the main floor laundry room, plus and additional bath - very convenient to the pool! The main level boasts a spacious primary suite with ensuite full bath and huge walk-in closet, plus two additional bedrooms, one with built-ins, and another full bath. The lower level features a fully functional in-law suite that includes a living room, full kitchen, two bedrooms, laundry, and private exterior entry. An easy walk to Thompson Park with trails, playground, tennis courts, and very convenient to Emory/CDC/CHOA/VA, as well as many retail and restaurant options, and major roads.

Last Agent to Sell the Property

Cory Ditman

Keller Williams Realty License #362803 Listed on: 07/14/2022

Keller Williams Realty

Co-Listed By

Rick Baldwin

Keller Williams Realty License #349294

Last Buyer's Agent

Hallie Chasen

Chapman Hall Premier, Realtors License #350293

Chapman Hall Premier, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,190

Year Built

  • Built in 1960

Lot Details

  • 0.6 Acre Lot
  • Fenced
  • Private Lot
  • Wooded Lot

Home Design

  • 2-Story Property
  • Composition Roof
  • Wood Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Bookcases
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Game Room
  • Sun or Florida Room
  • Screened Porch
  • Wood Flooring
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • 2 Car Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Pool

  • Pool House
  • In Ground Pool

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

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
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Victoria Estates Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,190

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • ArchitecturalStyle: Brick 4 Side, Ranch
  • Co List Office: KWAD01
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .60
  • Other Sturctures: Pool House, Other
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Other, Refrigerator
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1071
  • Total Finished Sq Ft: 2922
  • Unfinished Below Grade Sq Ft: 207
  • Above Grade Finished Sq Ft: 2922
  • Interior Amenities: Bookcases, Other, Walk-In Closet(s), In-Law Floorplan, Master On Main Level
  • Full Bathrooms: 4
  • Fireplace Features: Living Room, Gas Log
  • Flooring: Hardwood, Other
  • Kitchen Features: Breakfast Room, Kitchen Island, Pantry, Second Kitchen
  • Price Per Square Foot: 240.42

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 3
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Wood Siding
  • ExteriorFeatures: Other
  • Fencing: Fenced
  • Lot Features: Private, Other
  • Patio And Porch Features: Patio, Screened
  • Pool Features: In Ground
  • Property Condition: Resale
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Kitchen Level, Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Hall
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 18, 2022
Sold by
Breiman Robert F
Bought by
Adler Stuart and Adler Karen
Seller's Agent
Cory Ditman
Keller Williams Realty
Buyer's Agent
Hallie Chasen
Chapman Hall Premier, Realtors
List Price
$949,000
Sold Price
$960,000
Premium/Discount to List
$11,000
1.16%
Current Estimated Value
$968,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,570
Avg. Annual Appreciation
3.19%

Purchase Details

Listed on
Aug 28, 2017
Closed on
Feb 16, 2018
Sold by
Paymer Philip G
Bought by
Breiman Robert F and Breiman Jennifer
Seller's Agent
Judy Kuniansky
Homestead Realtors, LLC.
Buyer's Agent
Jennifer Breiman
NOT A VALID MEMBER
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%

Purchase Details

Closed on
Apr 29, 1994
Sold by
Rootes Harold J
Bought by
Paymer Philip G Miranda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
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
Adler Stuart $960,000 --
Breiman Robert F $525,000 --
Paymer Philip G Miranda L $293,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paymer Philip $398,500
Previous Owner Paymer Phillip G $180,000
Previous Owner Paymer Philip G $215,000
Previous Owner Paymer Philip G $212,000
Previous Owner Paymer Philip G Miranda L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $960,000 +1.2% $240 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $949,000 +80.8% $238 / Sq Ft
02/16/2018 02/16/18 Sold $525,000 -9.5% $125 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
10/25/2017 10/25/17 Price Changed $579,900 -3.3% $138 / Sq Ft
08/28/2017 08/28/17 For Sale $599,900 -- $143 / 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
2023 $12,113 $384,000 $90,920 $293,080
2022 $8,858 $282,280 $90,000 $192,280
2021 $7,190 $210,000 $90,000 $120,000
2020 $7,197 $210,000 $90,000 $120,000
2019 $7,060 $245,320 $90,000 $155,320
2018 $7,808 $196,360 $90,000 $106,360
2017 $9,015 $196,360 $47,200 $149,160
2016 $9,195 $200,000 $47,200 $152,800
2014 $4,884 $144,320 $47,200 $97,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10070625

Georgia MLS

APN: 18-105-02-076