$155,000
SOLD JAN 3, 2013

2981 N Tower Way NE Conyers, GA 30012

4 Beds
3 Baths
4,536 Sq Ft
2.06 Acres

Recently Sold

$34 Per Sq Ft

6% Below List Price

38 Days on Market

Highlights

  • Recreation Room
  • In-Law or Guest Suite
  • Dining Room
  • Great Room
  • Library

About This Home

As of December 2013

BANK OWNED, FORECLOSURE, UNIQUE CONTEMPORARY LAKE FRONT HOME ON 2+ WOODED ACRES, OPEN, FLOOR PLAN, ONE WING PARTIALLY COMPLETED IN-LAW SUITE W/2ND KITCHEN, FINISHED WALKOUT BSMT, W/3 BR'S, REC ROOM, FULL BATH W/ACCESS TO POOL, 2ND FLOOR W/TWO STUBBED BR'S-READY FOR COMPLETION, NEEDS DEFERRED MAINTENANCE AND UPDATING, ONE OF A KIND, SOLD-AS-IS, NO DISCLOSURES, BANK ADDENDUM.

Last Agent to Sell the Property

Marshall Ginn

Agents Realty LLC License #179159 Listed on: 11/13/2012

Last Buyer's Agent

Zareh Najarian

Jar House Acquisitions License #322005

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,979

Year Built

  • 1988

Interior Spaces

  • In-Law or Guest Suite
  • Great Room
  • Dining Room
  • Library
  • Recreation Room
  • Bonus Room

Basement

  • Finished Basement Bathroom
  • Stubbed For A Bathroom

Schools

  • Hightower Trail / Rockdale / Rockdale County Elementary School
  • Conyers / Rockdale / Rockdale County Middle School
  • Rockdale County / Rockdale / Rockdale County High School

Utilities

  • Underground Utilities
  • Gas Water Heater
  • Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$5,979

Year Built

1988

Lot Details

0

Listing Details

  • Special Features: 20
  • Year Built: 1988

Interior Features

  • Fireplace(s): 2, In Great/Family Room, In Master Bedroom
  • Basement: Bath Finished
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Icemaker Line, Wall Oven
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, 2 Story Foyer, Entrance Foyer, Hardwood Floors, Separate Shower, Tile Bath
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 2464
  • Total Finished Sq Ft: 4536
  • Unfinished Below Grade Sq Ft: 1109
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Island, Second Kitchen, Walk-in Pantry

Exterior Features

  • Construction: Press Board Siding
  • Exterior Features: Balcony, Deck/Patio, Garden Area, Pool House, Pool-above Ground, Porch
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Drive Under/Basement, Garage, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas, Propane
  • Heating: Central, Forced Air, Zoned/Dual
  • Energy Features: Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Association/Amenities

  • Amenities: Street Lights, Underground Utilities

Schools

  • Elementary School: Hightower Trail / Rockdale / Rockdale County, GA
  • High School: Rockdale County / Rockdale / Rockdale County, GA
  • Middle School: Conyers / Rockdale / Rockdale County, GA

Lot Info

  • Lot Description: Private Backyard, Sloping, Wooded
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2013
Closed on
Dec 16, 2013
Sold by
Smith Charles
Bought by
Smith Charles and Churaman Joanna
Seller's Agent
Zareh Najarian
Jar House Acquisitions
Buyer's Agent
Meshelle Gaskin
Atlanta Communities
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
$522,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,195
Avg. Annual Appreciation
6.64%
Original Mortgage
$255,290
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 13, 2012
Closed on
Jan 3, 2013
Sold by
Newton Federal Bank
Bought by
Lunsford House Properties Llc
Seller's Agent
Marshall Ginn
Agents Realty LLC
Buyer's Agent
Zareh Najarian
Jar House Acquisitions
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.37%

Purchase Details

Closed on
Nov 1, 2011
Sold by
Newton Federal Bank
Bought by
Newton Federal Bank
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $260,000 --
Warranty Deed $155,000 --
Foreclosure Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $491,452 New Conventional
Closed $444,444 New Conventional
Closed $310,337 FHA
Closed $253,434 FHA
Closed $255,290 FHA
Previous Owner $252,147 Stand Alone Second
Previous Owner $75,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2013 12/16/13 Sold $260,000 -3.7% $103 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
08/07/2013 08/07/13 Price Changed $269,900 -1.8% $107 / Sq Ft
07/05/2013 07/05/13 Price Changed $274,900 -3.5% $109 / Sq Ft
05/29/2013 05/29/13 Price Changed $284,900 -5.0% $113 / Sq Ft
04/20/2013 04/20/13 For Sale $299,900 +93.5% $119 / Sq Ft
01/03/2013 01/03/13 Sold $155,000 -6.1% $34 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
12/18/2012 12/18/12 For Sale $165,000 0.0% $36 / Sq Ft
12/13/2012 12/13/12 Pending -- -- --
11/13/2012 11/13/12 For Sale $165,000 -- $36 / 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 $5,979 $239,120 $67,000 $172,120
2023 $5,194 $216,480 $48,680 $167,800
2022 $4,116 $168,400 $42,280 $126,120
2021 $3,437 $133,240 $36,640 $96,600
2020 $3,077 $115,560 $30,000 $85,560
2019 $3,184 $116,440 $28,120 $88,320
2018 $3,203 $116,400 $28,120 $88,280
2017 $2,923 $106,160 $28,120 $78,040
2016 $2,434 $98,320 $28,120 $70,200
2015 $2,614 $104,360 $28,120 $76,240
2014 $2,324 $104,000 $28,019 $75,981
2013 -- $91,680 $25,000 $66,680
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2013

    Zareh Najarian

    Jar House Acquisitions

    Section Image
  • Marshall Ginn

    Seller's Agent in 2013

    Marshall Ginn

    RE/MAX

    (770) 883-6724

    88 Total Sales

    Marshall Ginn
    Section Image

  • M

    Buyer's Agent in 2013

    Meshelle Gaskin

    Atlanta Communities

See All Agents

Map

Source: Georgia MLS

MLS Number: 07017148

Georgia MLS

APN: 086-A-01-0028

Georgia Rockdale County Conyers 30012

2981 N Tower Way NE, Conyers, GA

This home is located at 2981 N Tower Way NE, Conyers, GA 30012 and is currently priced at $155,000, approximately $34 per square foot. This property was built in 1988. 2981 N Tower Way NE is a home located in Rockdale County with nearby schools including Hightower Trail Elementary School, Conyers Middle School, and Rockdale County 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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