NOT LISTED FOR SALE

Estimated Value: $273,605 - $294,000

3 Beds
3.5 Baths
1,838 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $120,000 $65 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,951/month

Highlights

  • 0.7 Acre Lot
  • Property is near public transit
  • Traditional Architecture
  • Clubhouse
  • Private Lot
  • Wood Flooring

About This Home

As of September 2016

Short Sale Approved/Under Contract. Traditional two-story with a basement in cul-de-sac. Convenient to I-20 and 285. Finished basement access from large private backyard with basketball court, patio and deck. Great home ownership opportunity for investor or 1st time buyer. 3rd party approved.

Last Agent to Sell the Property

Sharon Cochran

Virtual Properties Realty.com License #261369 Listed on: 04/12/2016

Virtual Properties Realty.com

Last Buyer's Agent

Jorge Tello

1st Eagle Realty, LLC. License #307474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $873

Year Built

  • Built in 1994

Lot Details

  • 0.7 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Private Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Tile Roof
  • Brick Front

Interior Spaces

  • 1,838 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Game Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Laundry in Kitchen

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Crawl Space
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • Rainbow Elementary School
  • Chapel Hill - Dekalb Middle School
  • Southwest Dekalb High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Air Source Heat Pump
  • Electric Water Heater
  • Satellite Dish

Listing and Financial Details

  • Legal Lot and Block 14 / D
  • Assessor Parcel Number 15 125 02 189

Community Details

Overview

  • Property has a Home Owners Association
  • Rainbow Drive Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$873

Year Built

Built in 1994

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: 1994
  • Levels Stories: Three Or More
  • Special Features: 12

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Number Of Fireplaces: 1
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Electric Water Heater
  • Interior Amenities: Entrance Foyer, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Crawl Space, Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Cabinets Other, Eat-in Kitchen, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Family Room, Game Room, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1838.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Tile
  • Fencing: Fenced

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric Air Filter, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Laundry Features: In Hall, In Kitchen

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Near Marta, Near Schools, Near Shopping, Pool, Public Transportation, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: RAINBOW DRIVE

Schools

  • Elementary School: Rainbow
  • Middle School: Chapel Hill - Dekalb
  • High School: Southwest Dekalb

Lot Info

  • Acres: 0.7000
  • Lot: 14
  • Lot Features: Cul-De-Sac, Private
  • Lot Dimensions: 5-20-94 57 X 60 X 92 X 1
  • Parcel Number: 15 125 02 189
  • Property Attached Yn: No

Green Features

  • Efficiency: Doors, Windows

Tax Info

  • Taxes: 873.00
  • Assessor Parcel Number: 15-125-02-189
  • Close Date: 2016-09-08
  • Tax Year: 2014

MLS Schools

  • Elementary School: Rainbow
  • High School: Southwest Dekalb
  • Middle School: Chapel Hill - Dekalb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Sep 8, 2016
Sold by
Favors Deborah and Favors Darrell
Bought by
Reyes David Chavez
Seller's Agent
Sharon Cochran
Virtual Properties Realty.com
Buyer's Agent
Jorge Tello
1st Eagle Realty, LLC.
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$283,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,401
Avg. Annual Appreciation
10.23%
Original Mortgage
$108,000
Outstanding Balance
$86,555
Interest Rate
3.45%
Estimated Equity
$202,565

Purchase Details

Closed on
Sep 23, 1994
Sold by
Homeland Communities Inc
Bought by
Brown Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
8.48%
Mortgage Type
FHA
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
Reyes David Chavez $120,000 --
Brown Deborah $108,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes David Chavez $108,000
Previous Owner Favors Darrell $159,800
Previous Owner Favors Deborah $144,360
Previous Owner Brown Deborah $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $120,000 0.0% $65 / Sq Ft
07/12/2016 07/12/16 For Sale $120,000 0.0% $65 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
05/30/2016 05/30/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $120,000 -- $65 / 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 $5,286 $110,440 $11,880 $98,560
2023 $5,286 $107,480 $11,880 $95,600
2022 $4,438 $93,120 $8,720 $84,400
2021 $3,423 $70,000 $8,720 $61,280
2020 $3,000 $60,360 $8,720 $51,640
2019 $2,847 $56,880 $8,720 $48,160
2018 $1,983 $55,440 $5,360 $50,080
2017 $2,227 $42,560 $5,360 $37,200
2016 $1,438 $43,080 $5,360 $37,720
2014 $873 $26,600 $5,360 $21,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5673924

First Multiple Listing Service (FMLS)

APN: 15-125-02-189