NOT LISTED FOR SALE

2878 Observation Point NW Marietta, GA 30064

West Cobb Neighborhood

Estimated Value: $688,000 - $750,000

5 Beds
4.5 Baths
4,510 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $562,000 $125 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,553/month

3 Days on Market

Highlights

  • Private Lot
  • Oversized primary bedroom
  • Great Room with Fireplace
  • Hayes Elementary School Rated A-
  • Traditional Architecture
  • Stone Countertops

About This Home

As of May 2021

Beautifully maintained and updated home in the highly sought after Signal Hill neighborhood. Property is situated on an elevated corner lot, with a level, fenced, and private backyard before to relax, host guests, and enjoy the outdoors. Inside you're greeted to a welcoming 2-story foyer, newer hardwood floors, updated lighting fixtures, and a spacious layout. Main level features master bedroom with amazing bathroom renovation with open, frameless shower, beautiful tile, and custom cabinets. The great room offers 2-story ceiling and double side fireplace with views to the kitchen, which has center island, double offers, walk-in pantry, and freshly painted cabinets. The second level offer 3 additional, large bedrooms and 2 full baths. The terrace level provides tons of "fun" space with an open feel, wet bar, theater room, and exercise room. Home conveniently located just minutes from I-75, local parks, restaurants, shopping, and so much more!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 04/16/2021

Mark Spain Real Estate

Last Buyer's Agent

Brandon Discenza

Keller Williams Realty Peachtree Rd. License #373620

Keller Williams Realty Peachtree Rd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,308

Year Built

  • Built in 1993

Lot Details

  • 0.45 Acre Lot
  • Private Lot
  • Corner Lot
  • Back Yard

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,510 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Double Sided Fireplace
  • Fireplace With Gas Starter
  • Two Story Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Library
  • Home Gym

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Schools

  • Hayes Elementary School
  • Pine Mountain Middle School
  • Kennesaw Mountain High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 20027801140

Community Details

Overview

  • Signal Hill HOA, Phone Number (678) 725-2489
  • Secondary HOA Phone (678) 725-2489
  • Signal Hill Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,308

Year Built

Built in 1993

Lot Details

0

HOA Fees

$70 per month

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: 1993
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 4510.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Double Sided, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Double Oven, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: High Ceilings 10 ft Main, Entrance Foyer 2 Story, Bookcases, Double Vanity, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets White, Stone Counters, Kitchen Island, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Library, Great Room - 2 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4510.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Stone, Stucco
  • Roof Type: Composition, Shingle
  • Foundation: See Remarks

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: Central Air, Zoned
  • Heating: Forced Air
  • Laundry Features: Laundry Room, Main Level
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 840
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-725-2489
  • Management Company Email: signalhill30064@gmail.com
  • Management Phone: 678-725-2489
  • Subdivision Complex: Signal Hill

Association/Amenities

  • Management Company: Signal Hill HOA

Schools

  • Elementary School: Hayes
  • Middle School: Pine Mountain
  • High School: Kennesaw Mountain

Lot Info

  • Acres: 0.4470
  • Land/Lot: 45
  • Deed Book: 15354
  • Deed Page: 2932
  • Lot Features: Back Yard, Corner Lot, Private
  • Parcel Number: 20027801140
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5308.00
  • Assessor Parcel Number: 20027801140
  • Close Date: 2021-05-28
  • Tax Year: 2020

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Hayes
  • High School: Kennesaw Mountain
  • Middle School: Pine Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 28, 2021
Sold by
Allen Evelyn A and Allen Richard W
Bought by
Giles Candace and Ervin Lonnie
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Brandon Discenza
Keller Williams Realty Peachtree Rd.
List Price
$550,000
Sold Price
$562,000
Premium/Discount to List
$12,000
2.18%
Total Days on Market
3
Current Estimated Value
$710,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,326
Avg. Annual Appreciation
5.95%
Original Mortgage
$562,000
Outstanding Balance
$514,329
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$195,997

Purchase Details

Listed on
Feb 12, 2016
Closed on
Jul 7, 2016
Sold by
Cann William H
Bought by
Allen Richard W and Allen Evelyn A
Seller's Agent
Heather Gentry Simon
Ansley Real Estate| Christie's International Real Estate
Buyer's Agent
Eliza Pritchett
NOT A VALID MEMBER
List Price
$459,900
Sold Price
$429,000
Premium/Discount to List
-$30,900
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$232,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2012
Closed on
Jun 26, 2012
Sold by
Galloway Karen D
Bought by
Cann William H and Warner Janet N
Seller's Agent
Jill Mikulski
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Tina Robbins
Robbins Realty
List Price
$339,900
Sold Price
$329,900
Premium/Discount to List
-$10,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$336,992
Interest Rate
3.79%
Mortgage Type
VA

Purchase Details

Closed on
Apr 5, 1993
Sold by
Joseph Scotti Bldr Inc
Bought by
Galloway Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
7.57%
Source: Public Records

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Range of Values:

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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
Giles Candace $562,000 None Available
Allen Richard W $429,000 --
Cann William H $329,900 --
Galloway Dennis J $249,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giles Candace $562,000
Previous Owner Allen Richard W $232,500
Previous Owner Cann William H $336,992
Previous Owner Galloway Dennis J $288,000
Previous Owner Galloway Dennis J $219,500
Previous Owner Galloway Dennis J $196,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $562,000 +2.2% $125 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $550,000 +28.2% $122 / Sq Ft
07/07/2016 07/07/16 Sold $429,000 -3.6% $103 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
04/29/2016 04/29/16 Price Changed $444,900 -1.1% $107 / Sq Ft
03/11/2016 03/11/16 Price Changed $449,900 -2.2% $108 / Sq Ft
02/12/2016 02/12/16 For Sale $459,900 +39.4% $110 / Sq Ft
06/22/2012 06/22/12 Sold $329,900 -2.9% $79 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $339,900 -- $82 / 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 $6,164 $224,800 $35,200 $189,600
2023 $5,622 $224,800 $35,200 $189,600
2022 $6,207 $224,800 $35,200 $189,600
2021 $5,596 $184,396 $36,000 $148,396
2020 $5,308 $174,896 $28,000 $146,896
2019 $5,308 $174,896 $28,000 $146,896
2018 $5,308 $174,896 $28,000 $146,896
2017 $4,371 $152,024 $28,000 $124,024
2016 $1,217 $152,024 $28,000 $124,024
2015 $1,189 $119,916 $28,000 $91,916
2014 $1,211 $119,916 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6870278

First Multiple Listing Service (FMLS)

APN: 20-0278-0-114-0