NOT LISTED FOR SALE

2838 Shellbark Rd Decatur, GA 30035

Southwest DeKalb Neighborhood

Estimated Value: $34,000 - $36,000

3 Beds
2.5 Baths
1,710 Sq Ft
1975 Built

Last Sold February 12, 2021

Last sale price $24,900 $15 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $196/month

20 Days on Market

Highlights

  • Community Lake
  • Private Lot
  • Formal Dining Room
  • Contemporary Architecture
  • End Unit
  • Breakfast Bar

About This Home

As of February 2021

LAKEFRONT PROPERTY! EXCELLENT INVESTOR REHAB SPECIAL! 20% ROI Annually A 3Bed/2.5Bath 1,710 SQ FT. On Lake - $1,200/month Rental (on the low side). HOA DISSOLVED. NO FEES/ NO RENTAL RESTRICTIONS! CASH BUYERS ONLY. NO BLIND OFFERS. NO OWNER FINANCING. MUST SHOW PROOF OF FUNDS WITH OFFER. Cash only. 10 day close. Quit claim Deed. Very unique floor plan with 16ft ceilings windowed facing the lake. Lots of natural light. Spacious master suite overlooking lake. Tranquil setting. Modern Loft style. Newer roof, less than 10 years old. Before and after pictures include identical units that have already been remodeled to give idea of a $17-20k investment in renovations. THE SELLER IS LISTING THREE UNITS. WILL SELL AS A PACKAGE, ALL THREE FOR $125,000!! 2748, 2750, AND 2838 SHELLBARK RD. 2748 & 2750 ARE SIDE BY SIDE. ALL OF THEM ARE LAKEFRONT. UP AND COMING NEIGHBORHOOD. CONVENIENT TO SHOPPING, MARTA, MARTA PARK AND RIDE, SHOPPING, STONECREST MALL, RIGHT OFF OF I-20 AND I-285

Last Agent to Sell the Property

Jennette Weatherspoon

J L Weatherspoon Realty, Inc License #341858 Listed on: 01/21/2021

Last Buyer's Agent

Bonny Edmonds

Kinley Realty Co. License #368321

Kinley Realty Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $465

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • Level Lot

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Open Access
  • Breakfast Bar
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Off-Street Parking

Schools

  • Fairington Elementary School
  • Miller Grove Middle School
  • Miller Grove High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Concord Condominium Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 9

Property Details

Home Type

Condominium

Est. Annual Taxes

$465

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 16
  • Year Built: 1975
  • ArchitecturalStyle: Contemporary
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .00
  • Property Sub-Type: Condominium
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: None
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room
  • Kitchen Features: Breakfast Bar, Pantry

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Wood Siding
  • Foundation Details: Slab
  • Lot Features: Level, None, Private
  • Property Condition: Fixer, Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Guest, Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Upper Level, Laundry Closet
  • Security Features: Open Access
  • Utilities: Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fairington
  • High School: Miller Grove
  • High School Bus: Yes
  • Middle School: Miller Grove
  • Middle School Bus: Yes
  • Elementary School: Fairington
  • Middle School: Miller Grove
  • High School: Miller Grove

Lot Info

  • Land Lot: 9
  • Plat Book: 3
  • Plat Page: 88

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2019
  • Tax Annual Amount: 464.58

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 12, 2021
Sold by
404 Properties Llc
Bought by
Haynes Jamal D
Seller's Agent
Jennette Weatherspoon
J L Weatherspoon Realty, Inc
Buyer's Agent
Bonny Edmonds
Kinley Realty Co.
List Price
$49,900
Sold Price
$24,900
Premium/Discount to List
-$25,000
-50.1%
Current Estimated Value
$35,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,308
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Apr 28, 2020
Sold by
Forbes Damon
Bought by
404 Properties Llc

Purchase Details

Closed on
Apr 20, 2012
Sold by
Dekalb County
Bought by
Forbes Damon

Purchase Details

Closed on
Sep 1, 2009
Sold by
Tax Commissioner & Ex Officio and Forbes Damon
Bought by
Dekalb Cnty

Purchase Details

Closed on
Feb 6, 1996
Sold by
Spradlin Thomas R
Bought by
Wood World Design
Source: Public Records

Range of Values:

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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
Haynes Jamal D -- --
404 Properties Llc $14,000 --
Forbes Damon -- --
Dekalb Cnty $1,469 --
Wood World Design $22,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $24,900 0.0% $15 / Sq Ft
02/09/2021 02/09/21 Price Changed $24,900 -50.1% $15 / Sq Ft
01/21/2021 01/21/21 For Sale $49,900 -- $29 / 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 $124 $1,600 $1,600 --
2023 $124 $1,600 $1,600 $0
2022 $1,211 $27,040 $1,600 $25,440
2021 $105 $1,839 $156 $1,683
2020 $465 $4,000 $1,600 $2,400
2019 $577 $6,560 $1,600 $4,960
2018 $713 $6,560 $1,600 $4,960
2017 $658 $6,280 $1,600 $4,680
2016 $687 $15,000 $520 $14,480
2014 $930 $20,000 $520 $19,480
Source: Public Records

Agents Affiliated with this Home

  • Jennette Weatherspoon

    Seller's Agent in 2021

    Jennette Weatherspoon

    J L Weatherspoon Realty, Inc

    (770) 480-5078

    1 in this area

    4 Total Sales

    Jennette Weatherspoon
    Section Image

  • B

    Buyer's Agent in 2021

    Bonny Edmonds

    Kinley Realty Co.

    Section Image
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Map

Source: Georgia MLS

MLS Number: 8916101

Georgia MLS

APN: 16-009-03-068

Georgia DeKalb County Decatur 30035 Southwest DeKalb

2838 Shellbark Rd, Decatur, GA

This home is located at 2838 Shellbark Rd, Decatur, GA 30035 since 21 January 2021 and is currently estimated at $35,208, approximately $20 per square foot. This property was built in 1975. 2838 Shellbark Rd is a home located in DeKalb County with nearby schools including Fairington Elementary School, Miller Grove Middle School, and Miller Grove High School.

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