NOT LISTED FOR SALE

2861 Forrest Hills Dr SW Atlanta, GA 30315

Hammond Park Neighborhood

Estimated Value: $234,000 - $299,000

4 Beds
2 Baths
1,554 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $85,000 $55 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $1,875/month

About This Home

As of March 2020

Completely Renovated 4 bedroom 2 bath home in Hammond Park in a quiet neighborhood just off the Cleveland exit.
The massive Master retreat upstairs is amazing. It gives the much needed privacy you need from the rest of the household. There are 3 other bedrooms, and an amazing living area that opens into the kitchen and a full bathroom on the main floor.
Do you own multiple cars? There is plenty of space for parking both in the front and at the back of the home. No expense was spared in this renovation. Absolutely everything is brand spanking new! This property is 9 minutes from the airport, 5 minutes from downtown Hapeville and 10 minutes from downtown Atlanta. (Secret tip, it is less than 5 minutes away from Peachy Airport parking meaning you can easily grab a shuttle to the airport.) Tyler Perry studios is a 14 minute drive and the Mercedes Benz stadium and Porsche are even closer.

This place will only be perfect for a responsible tenant who appreciates quality and recognizes the convenience that this property offers.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Mar 17, 2020
Sold by
Resource Atl Llc
Bought by
2305 Llc
Seller's Agent
Malhar Bhagat
Maximum One Executive Realtors
Buyer's Agent
Dolapo Latinwo Belo
EXP Realty, LLC.
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$269,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,637
Avg. Annual Appreciation
24.80%
Original Mortgage
$138,900
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 25, 2020
Closed on
Feb 14, 2020
Sold by
Virani Shamshuddin
Bought by
Resource Atl Llc
Seller's Agent
Malhar Bhagat
Maximum One Executive Realtors
Buyer's Agent
Dolapo Latinwo Belo
EXP Realty, LLC.
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,900
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2004
Sold by
Erickson Jerry D
Bought by
Virani Shamshuddin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,900
Interest Rate
5.85%

Purchase Details

Closed on
Jul 11, 2003
Sold by
Diegel Richard
Bought by
Erickson Jerry D

Purchase Details

Closed on
Aug 6, 1999
Sold by
Buy Rite Group Inc
Bought by
Reynolds Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1999
Sold by
Askea Albert L and Askea Teresa
Bought by
Buy Rite Grp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
7.7%
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
2305 Llc $85,000 --
Resource Atl Llc $57,000 --
Virani Shamshuddin $63,900 --
Erickson Jerry D $65,000 --
Reynolds Chris $74,000 --
Buy Rite Grp $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2305 Llc $146,500
Closed 2305 Llc $138,900
Closed Resource Atl Llc $57,500
Previous Owner Virani Shamshuddi $94,700
Previous Owner Virani Shamshuddin $99,400
Previous Owner Virani Shamshuddin $28,300
Previous Owner Virani Shamshiddin $120,000
Previous Owner Virani Shamshuddin $61,900
Previous Owner Reynolds Chris $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Rented $1,400 0.0% --
06/01/2020 06/01/20 Under Contract -- -- --
05/13/2020 05/13/20 For Rent $1,400 0.0% --
05/07/2020 05/07/20 Under Contract -- -- --
04/27/2020 04/27/20 For Rent $1,400 0.0% --
03/17/2020 03/17/20 Sold $85,000 0.0% $81 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $85,000 -- $81 / Sq Ft

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
2023 $4,344 $104,920 $18,000 $86,920
2022 $3,662 $90,480 $13,880 $76,600
2021 $2,683 $66,240 $14,320 $51,920
2020 $1,221 $29,800 $7,840 $21,960
2019 $485 $22,880 $5,480 $17,400
2018 $280 $6,760 $2,040 $4,720
2017 $280 $6,480 $1,960 $4,520
2016 $281 $6,480 $1,960 $4,520
2015 $749 $6,480 $1,960 $4,520
2014 $294 $6,480 $1,960 $4,520
Source: Public Records

Agents Affiliated with this Home

  • Malhar Bhagat

    Seller's Agent in 2020

    Malhar Bhagat

    Maximum One Executive Realtors

    (770) 299-2900

    67 Total Sales

    Malhar Bhagat
    Section Image

  • D

    Seller's Agent in 2020

    Dolapo Latinwo Belo

    EXP Realty, LLC.

    (404) 438-9510

    47 Total Sales

    Dolapo Latinwo Belo
    Section Image
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Map

Georgia Fulton County Atlanta 30315 Hammond Park

2861 Forrest Hills Dr SW, Atlanta, GA

This home is located at 2861 Forrest Hills Dr SW, Atlanta, GA 30315 and is currently estimated at $269,637, approximately $173 per square foot. 2861 Forrest Hills Dr SW is a home located in Fulton County with nearby schools including Hutchinson Elementary School, Long Middle School, and South Atlanta High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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