$164,250
SOLD JAN 26, 2016

2561 Spencers Trace NE Marietta, GA 30062

3 Beds
2 Baths
1,840 Sq Ft
0.35 Acres

Recently Sold

$89 Per Sq Ft

14% Below List Price

66 Days on Market

Highlights

  • Great Room
  • Property is near schools
  • Combination Dining and Living Room
  • Mountain View Elementary School Rated A

About This Home

As of January 2018

Sought after East Cobb home with master on the main. Family room has a stone fireplace with gas logs. A large sunroom/spa porch/skylight overlooks a spacious private fenced yard. Hardwood floors. Optional swim/tennis available in subdivision. Great East Cobb schools. Full basement with boat door.

Last Agent to Sell the Property

Shelley Thomas-Sears

About Sales LLC License #046574 Listed on: 10/30/2015

Last Buyer's Agent

Victoria Moody

SHELLEY SEARS TEAM, INC. License #353405

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,748

Year Built

  • 1977

Home Design

  • Ceiling Insulation

Interior Spaces

  • Great Room
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Location

  • Property is near schools

Listing and Financial Details

  • Tax Lot 2

Property Details

Home Type

Other

Est. Annual Taxes

$4,748

Year Built

1977

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1977

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1
  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Full
  • Interior Amenities: Vaulted Ceilings, Double Vanity, Hardwood Floors, Sauna, Separate Shower, Whirlpool Bath
  • Below Grade Finished Sq Ft: 288
  • Above Grade Finished Sq Ft: 1840

Exterior Features

  • Construction: Rough-Sawn Siding

Garage/Parking

  • Parking: 2 Car, Carport

Utilities

  • Cooling Fuel: Electric
  • Cooling: Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central
  • Energy Features: Ceiling Insulation
  • Water/Sewer: Public Water

Association/Amenities

  • Amenities: Walk To Schools

Schools

  • Elementary School: Mountain View / Cobb / Cobb County, GA
  • Middle School: Simpson / Cobb / Cobb County, GA
  • High School: Sprayberry / Cobb / Cobb County, GA

Lot Info

  • Lot Description: Private Backyard
  • Lot Size: 1/3 - 1/2 Acre
  • Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Dec 29, 2017
Sold by
Smith Michael
Bought by
Reid Courtney B and Reid Alexander B
Seller's Agent
Casey Sears
Century 21 Connect Realty
Buyer's Agent
Tuyen Luong
Simply Homes ATL, LLC
List Price
$315,000
Sold Price
$292,000
Premium/Discount to List
-$23,000
-7.3%
Current Estimated Value
$516,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,198
Avg. Annual Appreciation
7.64%
Original Mortgage
$292,000
Outstanding Balance
$249,019
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$264,881

Purchase Details

Listed on
Oct 30, 2015
Closed on
Mar 3, 2016
Sold by
Smith Michael
Bought by
Smith Michael and Wei Shanshan
Seller's Agent
Shelley Thomas-Sears
About Sales LLC
Buyer's Agent
Victoria Moody
SHELLEY SEARS TEAM, INC.
List Price
$189,900
Sold Price
$164,250
Premium/Discount to List
-$25,650
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.52%
Original Mortgage
$156,037
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jan 26, 2016
Sold by
Federal National Mortgage Association
Bought by
Smith Michael E
Seller's Agent
Shelley Thomas-Sears
About Sales LLC
Buyer's Agent
Victoria Moody
SHELLEY SEARS TEAM, INC.
List Price
$189,900
Sold Price
$164,250
Premium/Discount to List
-$25,650
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,037
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2015
Sold by
Nationstar Mtg Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 24, 2006
Sold by
Kritzer Steven M
Bought by
Portillo Jenny and Darrow Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.23%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 19, 1998
Sold by
Daniels James M
Bought by
Kritzer Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.04%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $292,000 --
Warranty Deed -- --
Warranty Deed $164,250 --
Warranty Deed $187,317 --
Foreclosure Deed $187,317 --
Deed $210,000 --
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,000 New Conventional
Previous Owner $156,037 New Conventional
Previous Owner $42,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $25,000 Stand Alone Second
Previous Owner $138,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $137,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold $292,000 -2.6% $118 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
11/08/2017 11/08/17 Price Changed $299,900 -4.8% $121 / Sq Ft
10/12/2017 10/12/17 For Sale $315,000 +91.8% $127 / Sq Ft
01/26/2016 01/26/16 Sold $164,250 -3.3% $89 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
11/30/2015 11/30/15 Price Changed $169,900 -10.5% $92 / Sq Ft
10/30/2015 10/30/15 For Sale $189,900 -- $103 / 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
2024 $4,748 $190,032 $40,000 $150,032
2023 $3,614 $162,776 $28,000 $134,776
2022 $4,188 $162,776 $28,000 $134,776
2021 $3,466 $129,788 $28,000 $101,788
2020 $3,195 $117,444 $28,000 $89,444
2019 $3,195 $117,444 $28,000 $89,444
2018 $3,222 $106,164 $23,600 $82,564
2017 $1,888 $65,680 $18,600 $47,080
2016 $2,365 $82,244 $22,000 $60,244
2015 $2,099 $71,244 $19,000 $52,244
2014 $2,117 $71,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07545268

Georgia MLS

APN: 16-0602-0-009-0