NOT LISTED FOR SALE

Estimated Value: $1,770,000 - $2,232,000

2.99 Acres
$656,514 Price per Acre
130,244 Sq Ft Lot

Last Sold March 20, 2019

Last sale price $80,000

Est. 2,354% increase in value since last sale

Current estimated payment $11,918/month

95 Days on Market

Highlights

  • 2.99 Acre Lot
  • Partially Wooded Lot
  • Community Playground
  • Macedonia Elementary School Rated A-
  • Cul-De-Sac
  • Level Lot

About This Lot

As of March 2019

BRING YOUR OWN BUILDER TO BUILD ON THIS MAGNIFICENT 2.99 ACRE LOT LOCATED IN A PRESTIGIOUS THE SHOALS AT ARBOR HILL SUBDIVISION! GREAT CUL-DE-SAC LOT! PLAT, COVENANTS & RESTRICTIONS ARE AVAILABLE. GRADED LOTS AND READY FOR A NEW HOME! GREAT LEVEL AND WOODED LOT! GREAT LOCATION!

Last Agent to Sell the Property

Taylor Smith

Method Real Estate Advisors License #361157 Listed on: 11/12/2018

Method Real Estate Advisors

Last Buyer's Agent

JAN BENEFIELD

Rand Realty of Georgia, LLC License #277290

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,109

Lot Details

  • 2.99 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R1

HOA Fees

  • $75 Monthly HOA Fees

Schools

  • Macedonia Elementary School
  • Creekland - Cherokee Middle School
  • Creekview High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 03N17 138

Community Details

Overview

  • The Shoals At Arbor Hill Subdivision

Recreation

  • Community Playground

Property Details

Property Type

Land

Est. Annual Taxes

$1,109

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Playground, Street Lights
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: THE SHOALS AT ARBOR HILL

Lot Info

  • Acres: 2.9900
  • Lot: 16
  • Current Zoning: R1
  • Plat Book: 66
  • Plat Page: 123
  • Lot Features: Cul-De-Sac, Level, Street Lights
  • Lot Dimensions: 2.99 Acres Per Realist
  • Parcel Number: 03N17 138
  • Price Acre Dollar: 26755.85
  • Property Attached Yn: No

Tax Info

  • Taxes: 1109.00
  • Tax Year: 2014

MLS Schools

  • Elementary School: Macedonia
  • High School: Creekview
  • Middle School: Creekland - Cherokee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Mar 20, 2019
Sold by
Lauritzen Lucas
Bought by
Lauritzen Lucas and Lauritzen Holly D
Seller's Agent
Taylor Smith
Method Real Estate Advisors
Buyer's Agent
JAN BENEFIELD
Rand Realty of Georgia, LLC
List Price
$98,000
Sold Price
$80,000
Premium/Discount to List
-$18,000
-18.37%
Current Estimated Value
$1,962,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,882,977
Avg. Annual Appreciation
61.23%
Original Mortgage
$64,000
Outstanding Balance
$23,785
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,939,192

Purchase Details

Listed on
Jan 8, 2015
Closed on
Jul 17, 2015
Sold by
Swanson Bruce
Bought by
Pltp Holdings Llc
Seller's Agent
Bruce Swanson
Keller Williams Realty Partners
Buyer's Agent
Peter Marks
Method Real Estate Advisors
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$48,645
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2014
Closed on
Dec 1, 2014
Sold by
Synovus Bank
Bought by
Swanson Bruce
Seller's Agent
Maria Licata
RE/MAX Around Atlanta Realty
Buyer's Agent
Bruce Swanson
Keller Williams Realty Partners
List Price
$70,000
Sold Price
$35,000
Premium/Discount to List
-$35,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.76%

Purchase Details

Closed on
Sep 17, 2012
Sold by
Shoals At Arbor Hill Llc
Bought by
Synovus Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Lauritzen Lucas -- --
Lauritzen Lucas $80,000 --
Pltp Holdings Llc $50,000 --
Swanson Bruce $35,000 --
Synovus Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauritzen Lucas $64,000
Closed Lauritzen Lucas $64,000
Previous Owner Pltp Holdings Llc $48,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2019 03/20/19 Sold $80,000 -18.4% --
02/15/2019 02/15/19 Pending -- -- --
11/12/2018 11/12/18 For Sale $98,000 +96.0% --
07/17/2015 07/17/15 Sold $50,000 -28.6% -- View Prior Sale
05/18/2015 05/18/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $70,000 +100.0% --
12/01/2014 12/01/14 Sold $35,000 -50.0% -- View Prior Sale
10/31/2014 10/31/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $70,000 -- --
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 $18,083 $742,240 $117,200 $625,040
2024 $15,899 $630,840 $107,640 $523,200
2023 $17,409 $693,200 $107,640 $585,560
2022 $14,262 $542,640 $83,720 $458,920
2021 $11,409 $401,880 $47,840 $354,040
2020 $6,234 $219,400 $47,840 $171,560
2019 $1,097 $38,600 $38,600 $0
2018 $400 $14,000 $14,000 $0
2017 $408 $35,000 $14,000 $0
2016 $408 $35,000 $14,000 $0
2015 $412 $35,000 $14,000 $0
2014 $1,109 $94,100 $37,640 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6099891

First Multiple Listing Service (FMLS)

APN: 003N17-00000-138-000-0000