$72,550
SOLD JAN 29, 2016

1842 Lakewood Terrace SE Atlanta, GA 30315

Lakewood Heights Neighborhood
3 Beds
3 Baths
3,150 Sq Ft
0.28 Acres

Recently Sold

$23 Per Sq Ft

9% Below List Price

83 Days on Market

About This Home

As of May 2016

Excellent opportunity in convenient location. This 3-bedroom home sits on a corner lot and features hardwood floors, open floorplan, private backyard, vaulted ceilings, cozy fireplace and more. This home does need a little work but has huge potential!

Last Agent to Sell the Property

Jude Rasmus

Rasmus Real Estate Group Inc. License #172211 Listed on: 10/22/2015

Last Buyer's Agent

mike cherwenka

Virtual Properties Realty.com License #294544

Virtual Properties Realty.com

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,625

Year Built

  • 2005

Home Design

  • Slab Foundation

Interior Spaces

  • 3,150 Sq Ft Home
  • Combination Dining and Living Room

Location

  • Property is walking distance to MARTA

Utilities

  • Underground Utilities
  • Electric Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tax Lot 58

Property Details

Home Type

Other

Est. Annual Taxes

$1,625

Year Built

2005

Lot Details

0

Listing Details

  • District: 14
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Living Room
  • Main Floor Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Basement: Slab/None
  • Interior Amenities: Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Hardwood Floors, Separate Shower
  • Laundry Type: Room
  • Above Grade Finished Sq Ft: 3150

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Fenced Yard
  • Construction: Aluminum/Vinyl

Garage/Parking

  • Parking: 2 Car, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Energy Features: Electric Water Heater
  • Water/Sewer: Public Water, Sewer In Street

Association/Amenities

  • Amenities: Sidewalks, Underground Utilities, Walk To Marta

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Cleveland / Atlanta City / Fulton County, GA
  • Middle School: Price / Atlanta City / Fulton County, GA
  • High School: South Atlanta / Atlanta City / Fulton County, GA

Lot Info

  • Lot Description: Corner, Private Backyard, Sloping
  • Lot Size: 1/3 - 1/2 Acre
  • Land Lot: 58
  • Quadrant: SE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 27, 2016
Sold by
Castle Realty Ventures Llc
Bought by
Carmouche Taneka
Seller's Agent
Tolla Cherwenka
Virtual Properties Realty.com
Buyer's Agent
Lakara Foster
NOT A VALID MEMBER
List Price
$159,700
Sold Price
$156,500
Premium/Discount to List
-$3,200
-2%
Current Estimated Value
$352,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,223
Avg. Annual Appreciation
9.29%
Original Mortgage
$146,948
Outstanding Balance
$117,323
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$235,400

Purchase Details

Listed on
Oct 22, 2015
Closed on
Jan 29, 2016
Sold by
Best Buy Homes Llc
Bought by
Castle Realty Ventures Llc
Seller's Agent
Jude Rasmus
Rasmus Real Estate Group Inc.
Buyer's Agent
mike cherwenka
Virtual Properties Realty.com
List Price
$79,900
Sold Price
$72,550
Premium/Discount to List
-$7,350
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1005.01%

Purchase Details

Closed on
Oct 6, 2015
Sold by
Arscott Frank B
Bought by
Hsbc Bank Usa National Association Trust and First Nlc Trust 2005 4

Purchase Details

Closed on
Sep 2, 2005
Sold by
Skyline Dev Group Llc
Bought by
Arscott Frank B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $156,500 --
Warranty Deed $79,500 --
Warranty Deed $72,550 --
Foreclosure Deed -- --
Deed $183,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $42,848 No Value Available
Open $146,948 FHA
Previous Owner $146,400 New Conventional
Previous Owner $36,600 New Conventional
Previous Owner $417,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $156,500 -2.0% $97 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $159,700 +120.1% $99 / Sq Ft
01/29/2016 01/29/16 Sold $72,550 -9.2% $23 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $79,900 0.0% $25 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
12/18/2015 12/18/15 Price Changed $79,900 -9.6% $25 / Sq Ft
12/11/2015 12/11/15 For Sale $88,400 0.0% $28 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $88,400 -- $28 / 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
2025 $1,625 $120,000 $57,640 $62,360
2023 $4,902 $118,400 $29,280 $89,120
2022 $2,825 $118,400 $29,280 $89,120
2021 $1,231 $99,360 $33,480 $65,880
2020 $663 $74,440 $19,800 $54,640
2019 $516 $73,120 $19,480 $53,640
2018 $423 $41,520 $8,000 $33,520
2017 $25 $14,320 $1,120 $13,200
2016 $620 $14,320 $1,120 $13,200
2015 $1,213 $14,320 $1,120 $13,200
2014 $649 $14,320 $1,120 $13,200
Source: Public Records

Agents Affiliated with this Home

  • Tolla Cherwenka

    Seller's Agent in 2016

    Tolla Cherwenka

    Virtual Properties Realty

    (770) 495-5050

    29 Total Sales

    Tolla Cherwenka
    Section Image
  • Jude Rasmus

    Seller's Agent in 2016

    Jude Rasmus

    Rasmus Real Estate Group Inc.

    (470) 412-9357

    1 in this area

    713 Total Sales

    Jude Rasmus
    Section Image

  • L

    Buyer's Agent in 2016

    Lakara Foster

    NOT A VALID MEMBER

  • m

    Buyer's Agent in 2016

    mike cherwenka

    Virtual Properties Realty.com

    (770) 365-4997

    93 Total Sales

    mike cherwenka
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07541289

Georgia MLS

APN: 14-0039-0001-019-5

Georgia Fulton County Atlanta 30315 Lakewood Heights

1842 Lakewood Terrace SE, Atlanta, GA

This home is located at 1842 Lakewood Terrace SE, Atlanta, GA 30315 and is currently priced at $72,550, approximately $23 per square foot. This property was built in 2005. 1842 Lakewood Terrace SE is a home located in Fulton County with nearby schools including Dobbs Elementary School, Long Middle School, and South Atlanta High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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