NOT LISTED FOR SALE

Estimated Value: $1,991,000 - $2,963,000

5 Beds
5.5 Baths
8,104 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $2,400,000 $296 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,825/month

181 Days on Market

Highlights

  • Sauna
  • 4.05 Acre Lot
  • 4 Fireplaces
  • Davis Elementary School Rated A
  • Vaulted Ceiling
  • Bonus Room

About This Home

As of July 2022

BACK ON THE MARKET, BUYERS FUNDING FELL THROUGH!! Mountaintop Dream Home - luxury and relaxation set behind double gates of a celebrity enclave. 2948 Summitop Rd is in a league of its own, atop Sweat Mountain. Featuring 4.05 ac of absolute privacy and tranquility, this incredible 8,000+ sqft estate home offers European-style elegance & charm, with both city & mountain views making it the ideal place to settle for years to come. The grand room features 20 feet ceilings, Limestone floors throughout, 4 FP, Roof-top deck with Italian railing, heated Pool/Spa w/ waterfall, led lighting and water features, abundant nature trails, stacked stone fountain and 180-degree views surrounding the property in its entirety. Enjoy the sunrise and sunset. The home is a great place to host family, friends and clients for social gatherings or elaborate parties. The possibilities here are endless. See feature sheet in docs for complete list of amenities.

Last Agent to Sell the Property

Jeff Beal

Serhant Georgia License #361077 Listed on: 11/12/2021

Serhant Georgia

Co-Listed By

Cynthia Steedle

Serhant Georgia License #408185

Last Buyer's Agent

Yori Lee

Drake Realty of Greater Atlanta License #337898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,525

Year Built

  • Built in 1996

Lot Details

  • 4.05 Acre Lot
  • Cul-De-Sac

Parking

  • Garage

Home Design

  • Stone Siding
  • Stucco
  • Stone

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 4 Fireplaces
  • Great Room
  • Bonus Room
  • Sauna
  • Home Gym

Kitchen

  • Double Oven
  • Indoor Grill
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Double Vanity

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Schools

  • Davis Elementary School
  • Mabry Middle School
  • Lassiter High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summit At Sweat Mountain Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,525

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 16
  • Year Built: 1996
  • Main Level Half Bathrooms: 1
  • Co List Office: TANA01
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: 4.049
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 8104
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Double Oven, Disposal, Indoor Grill, Microwave, Refrigerator
  • Bedrooms: 5
  • Basement: Daylight, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1500
  • Total Finished Sq Ft: 6604
  • Above Grade Finished Sq Ft: 6604
  • Interior Amenities: Central Vacuum, Vaulted Ceiling(s), High Ceilings, Double Vanity, Sauna
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Flooring: Other
  • Price Per Square Foot: 307.87

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Stone, Stucco
  • Lot Features: Cul-De-Sac
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Davis
  • High School: Lassiter
  • Middle School: Mabry
  • Elementary School: Davis
  • Middle School: Mabry
  • High School: Lassiter

Multi Family

  • Total Fireplaces: 4

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jul 6, 2022
Sold by
Crowell Jr Lester E
Bought by
Regions Mortgage
Seller's Agent
Jeff Beal
Serhant Georgia
Buyer's Agent
Yori Lee
Drake Realty of Greater Atlanta
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%
Current Estimated Value
$2,522,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,075
Avg. Annual Appreciation
1.68%
Original Mortgage
$1,880,000
Outstanding Balance
$1,803,624
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$718,451

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jul 1, 2022
Sold by
Crowell Jr Lester E
Bought by
Muktar Din and Escanio Roberto
Seller's Agent
Jeff Beal
Serhant Georgia
Buyer's Agent
Yori Lee
Drake Realty of Greater Atlanta
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,880,000
Outstanding Balance
$1,803,624
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$718,451

Purchase Details

Closed on
Oct 30, 2007
Sold by
Crowell Lester E and Crowell Marian E
Bought by
Ltmt Assocs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 29, 2007
Sold by
Crowell Leater E and Crowell Marian E
Bought by
Ltmt Assocs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second
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
Regions Mortgage -- None Listed On Document
Muktar Din $2,400,000 Burgess Title
Ltmt Assocs Llc -- --
Ltmt Assocs Llc -- --
Ltmt Assocs Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muktar Din $1,880,000
Previous Owner Crowell Marian E $350,000
Previous Owner Crowell Lester $250,000
Previous Owner Crowell Lester E $150,000
Previous Owner Crowell Lester E $2,720,000
Previous Owner Crowell Lester E $100,000
Previous Owner Crowell Lester E $2,400,000
Previous Owner Crowell Lester E $300,000
Previous Owner Crowell Lester E $1,890,000
Previous Owner Crowell Lester E $175,000
Previous Owner Crowell Lester E $1,610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $2,400,000 -3.8% $296 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
03/04/2022 03/04/22 Price Changed $2,495,000 -7.4% $308 / Sq Ft
11/12/2021 11/12/21 For Sale $2,695,000 -- $333 / 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 $29,280 $971,160 $373,684 $597,476
2023 $27,771 $921,080 $322,724 $598,356
2022 $3,824 $647,516 $190,240 $457,276
2021 $3,525 $547,644 $156,268 $391,376
2020 $3,525 $547,644 $156,268 $391,376
2019 $3,525 $547,644 $156,268 $391,376
2018 $11,832 $462,888 $104,632 $358,256
2017 $11,499 $462,888 $104,632 $358,256
2016 $11,012 $439,788 $81,532 $358,256
2015 $11,225 $439,788 $81,532 $358,256
2014 $11,602 $453,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20000401

Georgia MLS

APN: 16-0100-0-003-0