NOT LISTED FOR SALE

306 Salem Ridge Way McDonough, GA 30253

Estimated Value: $397,086 - $435,000

4 Beds
2.5 Baths
2,503 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $369,100 $147 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,788/month

2 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • 1 Fireplace
  • Union Grove High School Rated A
  • Private Lot
  • No HOA

About This Home

As of December 2021

Take a look at this Beautiful 4BR/2.5BA home in the Union Grove School District. On the main floor you will find a study/library, dining room, open kitchen with lots of cabinet space, stainless steel appliances, breakfast bar, and breakfast room. The spacious Family Room has beautiful wood floors and a brick fireplace. The owners have put in a lot of work into this beautiful back yard that has a covered patio area, large deck that surrounds the above ground pool, beautiful landscaping and a large fenced in backyard. This neighborhood has no HOA and homes don't stay on the market long so make this one your first stop!

Last Agent to Sell the Property

Wendy Morris

SouthSide, REALTORS License #336184 Listed on: 10/19/2021

SouthSide, REALTORS

Co-Listed By

Sabrina Sargent

SouthSide, REALTORS License #208867

Last Buyer's Agent

Michael Brock

Foundations Realty Group License #294069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,956

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • Fenced
  • Private Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,503 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Two Story Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Office
  • Library
  • Tile Flooring
  • Crawl Space
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio

Schools

  • East Lake Elementary School
  • Union Grove Middle School
  • Union Grove High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Salem Ridge Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,956

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Main Level Half Bathrooms: 1
  • Co List Office: SOSI01
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: 1
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2503
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: Crawl Space
  • Total Finished Sq Ft: 2503
  • Above Grade Finished Sq Ft: 2503
  • Interior Amenities: Tray Ceiling(s), Double Vanity, Two Story Foyer, Soaking Tub, Separate Shower, Tile Bath, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry
  • Price Per Square Foot: 147.46

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Lot Features: Private
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Above Ground
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Upper Level
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: East Lake
  • High School: Union Grove
  • Middle School: Union Grove
  • Elementary School: East Lake
  • Middle School: Union Grove
  • High School: Union Grove

Lot Info

  • Lot: 8
  • Deed Book: 14612
  • Deed Page: 114
  • Plat Book: 23
  • Plat Page: 166

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 8, 2021
Sold by
Path Acquisitions Trs Llc
Bought by
Pagaya Smartresi F1 Fund Property O
Seller's Agent
Wendy Morris
SouthSide, REALTORS
Buyer's Agent
Michael Brock
Foundations Realty Group
List Price
$364,900
Sold Price
$369,100
Premium/Discount to List
$4,200
1.15%
Total Days on Market
2
Current Estimated Value
$411,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,422
Avg. Annual Appreciation
3.18%

Purchase Details

Listed on
Jan 7, 2016
Closed on
May 17, 2016
Sold by
Smith Michael R
Bought by
Lillevik John Olaf
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Kellie Gambino
NOT A VALID MEMBER
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$206,196
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2007
Sold by
Smith Michael R
Bought by
Smith Michael R and Smith Brandy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.22%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 1998
Sold by
L & L Builders Inc
Bought by
Stone Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.04%
Mortgage Type
New Conventional
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
Pagaya Smartresi F1 Fund Property O $369,100 --
Pagaya Smartresi F1 Fund Property Owner $369,100 --
Path Acquisitions Trs Llc $369,100 --
Lillevik John Olaf $210,000 --
Smith Michael R -- --
Smith Michael R $195,000 --
Stone Robert G $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lillevik John Olaf $206,196
Previous Owner Smith Michael R $190,000
Previous Owner Smith Michael R $195,000
Previous Owner Stone Robert G $162,000
Previous Owner Stone Robert G $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $369,100 +1.2% $147 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $364,900 +73.8% $146 / Sq Ft
05/17/2016 05/17/16 Sold $210,000 0.0% $84 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
03/07/2016 03/07/16 Price Changed $209,900 -2.4% $84 / Sq Ft
02/24/2016 02/24/16 For Sale $215,000 0.0% $86 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $215,000 -- $86 / 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 $5,736 $142,480 $18,000 $124,480
2023 $5,942 $152,960 $18,000 $134,960
2022 $5,024 $129,040 $12,000 $117,040
2021 $3,957 $101,200 $12,000 $89,200
2020 $3,611 $92,200 $10,000 $82,200
2019 $3,487 $88,960 $10,000 $78,960
2018 $3,183 $81,040 $10,000 $71,040
2016 $2,598 $72,840 $10,000 $62,840
2015 $2,607 $71,320 $10,000 $61,320
2014 $2,501 $68,000 $8,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9068782

Georgia MLS

APN: 089E-01-008-000