NOT LISTED FOR SALE

2550 Morgan Lake Dr NE Marietta, GA 30066

Sandy Plains Neighborhood

Estimated Value: $404,000 - $423,857

4 Beds
2 Baths
2,485 Sq Ft
$166/Sq Ft Est. Value

Last Sold December 06, 2020

Last sale price $255,000 $103 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,488/month

Highlights

  • Dining Room Seats More Than Twelve
  • Wooded Lot
  • Wood Flooring
  • Addison Elementary School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

As of December 2020

Great investor opportunity in Marietta! Lots of options to rehab this 4 bedroom, 2 bathroom home. Spacious family room w/ wood burning fireplace, formal dining rm, office, large private backyard w/ oversized deck; Newer HVAC system; workshop in basement access to the lake. Home being sold as is. Amazing East Cobb location near Sandy Plains Rd, Easy access to I75 & I575, schools, restaurants, and shopping. No HOA! Schedule your showing today!

Last Agent to Sell the Property

Julieta Issa

Atlanta Communities License #243597 Listed on: 11/05/2020

Atlanta Communities

Last Buyer's Agent

Jeremy Brown

Method Real Estate Advisors License #389126

Method Real Estate Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1980

Lot Details

  • 10,367 Sq Ft Lot
  • Lot Dimensions are 92x193x188x92
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Garden
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,485 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Great Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on main level

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Schools

  • Kincaid Elementary School
  • Daniell Middle School
  • Sprayberry High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Front Porch
  • Property is near shops

Community Details

  • Morgan Farms Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / B
  • Assessor Parcel Number 16063400170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,119

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1980
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Gas Cooktop, Gas Oven
  • Interior Amenities: Disappearing Attic Stairs, High Speed Internet, Entrance Foyer, Walk-In Closet(s)
  • Basement: Exterior Entry, Partial, Unfinished
  • Kitchen Features: Cabinets Stain, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Library, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 2485.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch
  • Exterior Features: Garden, Private Yard

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Laundry Room, Main Level
  • Utilities: Cable Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Near Shopping
  • Subdivision Complex: MORGAN FARMS

Schools

  • Elementary School: Kincaid
  • Middle School: Daniell
  • High School: Sprayberry

Lot Info

  • Acres: 0.2380
  • Lot: 5
  • Land/Lot: 634
  • Section G M D: 2
  • Plat Book: 72
  • Plat Page: 108
  • Lot Features: Back Yard, Level, Private, Wooded
  • Lot Dimensions: 92X193X188X92
  • Parcel Number: 16063400170
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 3119.00
  • Assessor Parcel Number: 16-0634-0-017-0
  • Close Date: 2020-12-06
  • Tax Year: 2019

MLS Schools

  • Elementary School: Kincaid
  • High School: Sprayberry
  • Middle School: Daniell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 16, 2020
Sold by
Ferguson Russell
Bought by
Ferguson Russell and Ferguson Amanda R
Seller's Agent
Julieta Issa
Atlanta Communities
Buyer's Agent
Jeremy Brown
Method Real Estate Advisors
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Current Estimated Value
$411,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,464
Avg. Annual Appreciation
9.83%
Original Mortgage
$242,250
Outstanding Balance
$218,145
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$182,492

Purchase Details

Closed on
Feb 21, 2019
Sold by
Womick Janet E
Bought by
Carson Walter W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,812
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2008
Sold by
Manly Robert C and Manly Martha B
Bought by
Womick Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.49%
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 Buyer Sale Price Title Company
Ferguson Russell -- --
Ferguson Russell $255,000 None Listed On Document
Carson Walter W $176,000 --
Womick Janet E $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Russell $242,250
Closed Ferguson Russell $242,250
Previous Owner Carson Walter W $172,812
Previous Owner Womick Janet E $135,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2020 12/06/20 Sold $255,000 -7.3% $103 / Sq Ft
11/05/2020 11/05/20 For Sale $275,000 -- $111 / 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 $3,684 $142,608 $30,800 $111,808
2023 $3,142 $142,608 $30,800 $111,808
2022 $2,822 $102,000 $19,280 $82,720
2021 $3,096 $102,000 $19,280 $82,720
2020 $1,863 $70,400 $13,960 $56,440
2019 $3,119 $102,764 $20,400 $82,364
2018 $2,866 $94,424 $20,400 $74,024
2017 $2,291 $79,688 $18,000 $61,688
2016 $1,892 $65,824 $16,000 $49,824
2015 $1,939 $65,824 $16,000 $49,824
2014 $1,772 $59,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julieta Issa

    Seller's Agent in 2020

    Julieta Issa

    Atlanta Communities

    (404) 483-0048

    3 in this area

    103 Total Sales

    Julieta Issa
    Section Image
  • Jeremy Brown

    Buyer's Agent in 2020

    Jeremy Brown

    Method Real Estate Advisors

    (404) 547-0666

    3 in this area

    30 Total Sales

    Jeremy Brown
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6804998

First Multiple Listing Service (FMLS)

APN: 16-0634-0-017-0

Georgia Cobb County Marietta 30066 Sandy Plains

2550 Morgan Lake Dr NE, Marietta, GA

This home is located at 2550 Morgan Lake Dr NE, Marietta, GA 30066 since 05 November 2020 and is currently estimated at $411,464, approximately $165 per square foot. This property was built in 1980. 2550 Morgan Lake Dr NE is a home located in Cobb County with nearby schools including Addison Elementary School, Daniell Middle School, and Sprayberry High School.

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