$695,000
SOLD JUN 9, 2020

1616 Palmilla Way SW Stockbridge, GA 30281

5 Beds
5.5 Baths
4,000 Sq Ft
1 Acres

Recently Sold

$174 Per Sq Ft

5% Above List Price

374 Days on Market

Highlights

  • Open-Concept Dining Room
  • Contemporary Architecture
  • Loft
  • Home Theater
  • Main Floor Primary Bedroom
  • Home Office

About This Home

As of October 2021

"SPEC" Dream Home!! (LOT#5) Fabulous Value & Very Impressive... WELCOME to the *Only* Gated Community in Rockdale County. All Custom built by Ankory Construction. 3+4 Car garages, 1-3 Acre Lots, First phase of 21 Homes being built better than builder grade, 2nd phase will have a park. 24HR Surveillance. Photos Featured are Custom Homes already built and being built From the Architect Boye. 5 Homes Standing, 2 Lot Contracts Obtained and 1 Spec Home for Showing. Custom pools, Theatre's. A Must SEE!!

Last Agent to Sell the Property

Eric Walton

Pristine Palaces Realty, LLC License #348276 Listed on: 02/16/2019

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 2019

Lot Details

  • 1 Acre Lot
  • Back Yard

Home Design

  • Home to be built
  • Contemporary Architecture
  • Mediterranean Architecture
  • Composition Roof
  • Concrete Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Entrance Foyer
  • Open-Concept Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Game Room

Kitchen

  • Double Oven
  • Dishwasher
  • Kitchen Island
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Security Lights
  • Security Gate

Schools

  • Lorraine Elementary School
  • General Ray Davis Middle School
  • Heritage - Rockdale High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0030010100

Community Details

Overview

  • $2,000 Initiation Fee
  • Grand Cayman Estates Association
  • Built by Alcovy Builders, Inc.
  • Grand Cayman Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,176

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern, Mediterranean
  • Property Condition: To Be Built
  • Year Built: 2019
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 10 ft Main, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Kitchen Island, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Loft, Media Room, Office
  • Dining Room Features: Open Concept
  • Square Footage: 4000.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 6
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition, Concrete

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Gate, Security Guard, Security Lights
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Security
  • Master Association Fee: 2000
  • Master Association Fee Frequency: Annually
  • Management Company Email: mcb2443@aol.com
  • Subdivision Complex: Grand Cayman

Association/Amenities

  • Management Company: Grand Cayman Estates

Schools

  • Elementary School: Lorraine
  • Middle School: General Ray Davis
  • High School: Heritage - Rockdale

Lot Info

  • Acres: 1.0000
  • Lot: 5
  • Land/Lot: 5
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 0030010100
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 2000

Tax Info

  • Taxes: 1176.00
  • Assessor Parcel Number: 003-0-01-0100
  • Close Date: 2020-06-09
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lorraine
  • High School: Heritage - Rockdale
  • Middle School: General Ray Davis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 11, 2021
Sold by
Hayes Corey Cortez
Bought by
Aaron Jamal H
Seller's Agent
Quiana Watson
Watson Realty Co.
Buyer's Agent
Bria Earley
Watson Realty Co.
List Price
$879,000
Sold Price
$860,000
Premium/Discount to List
-$19,000
-2.16%
Total Days on Market
374
Current Estimated Value
$984,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,431
Avg. Annual Appreciation
3.77%
Original Mortgage
$765,000
Outstanding Balance
$702,341
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$282,090

Purchase Details

Listed on
Feb 16, 2019
Closed on
Jun 9, 2020
Sold by
St Pius Construction Company Llc
Bought by
Hayes Corey Cortez
Seller's Agent
Eric Walton
Pristine Palaces Realty, LLC
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$660,000
Sold Price
$695,000
Premium/Discount to List
$35,000
5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%
Original Mortgage
$510,400
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $860,000 --
Warranty Deed $695,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $765,000 New Conventional
Previous Owner $510,400 New Conventional
Previous Owner $110,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2021 10/11/21 Sold $860,000 -2.2% $173 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $879,000 +26.5% $177 / Sq Ft
06/09/2020 06/09/20 Sold $695,000 0.0% $174 / Sq Ft
02/16/2019 02/16/19 Price Changed $695,000 +5.3% $174 / Sq Ft
02/16/2019 02/16/19 For Sale $660,000 -- $165 / 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
2024 $15,783 $405,000 $75,000 $330,000
2023 $14,079 $351,840 $75,000 $276,840
2022 $13,082 $326,720 $75,000 $251,720
2021 $11,057 $278,000 $54,337 $223,663
2020 $8,554 $200,720 $34,800 $165,920
2019 $539 $12,000 $12,000 $0
2018 $1,176 $26,080 $26,080 $0
2017 $510 $11,200 $11,200 $0
2016 $510 $11,200 $11,200 $0
2015 $493 $11,200 $11,200 $0
2014 $221 $4,800 $4,800 $0
2013 -- $4,800 $4,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6506864

First Multiple Listing Service (FMLS)

APN: 003-0-01-0100