NOT LISTED FOR SALE

3498 Demooney Rd Atlanta, GA 30349

Estimated Value: $280,000 - $584,000

48 Acres
$9,404 Price per Acre
2,090,880 Sq Ft Lot

Last Sold April 19, 2023

Last sale price $825,000 $460 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $2,619/month

13 Days on Market

About This Lot

As of April 2023

Great location in South Fulton. Acreage (48 +/-) with pasture. Build your new home and bring your horses/livestock or build a private estate home. Also suitable for sub-dividing or a planned community. Active stream on property. Well and power available. Great as a Hobby Farm as well. Plenty of hardwoods. Current Georgia Forestry Commission Evaluation available. Sold As-Is. Estate Sale.

Last Agent to Sell the Property

Mary Russell

RE/MAX Town & Country License #152150 Listed on: 01/20/2023

RE/MAX Town & Country

Co-Listed By

THOMAS A RUSSELL

RE/MAX Town & Country License #249430

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $240

Lot Details

  • 48 Acre Lot

Schools

  • Cliftondale Elementary School
  • Sandtown Middle School
  • Westlake High School

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$240

Lot Details

0

Listing Details

  • Property Type: Land
  • Co List Office: RMTC02
  • Financing Type: Conventional
  • Lot Size Acres: 48.00
  • Property Sub-Type: Agriculture
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 17187.5

Exterior Features

  • Lot Features: None

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Cliftondale
  • High School: Westlake
  • Middle School: Sandtown
  • Elementary School: Cliftondale
  • Middle School: Sandtown
  • High School: Westlake

Tax Info

  • Year: 2022
  • Tax Annual Amount: 240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Shah Naresh
Bought by
Mehta Sahil and Shah Naresh
Current Estimated Value
$451,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$217,001
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$234,393

Purchase Details

Listed on
Jan 20, 2023
Closed on
May 17, 2023
Sold by
Shah Avani
Bought by
Mehta Samir and Mehta Sahil
Seller's Agent
Mary Russell
RE/MAX Town & Country
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$750,000
Sold Price
$825,000
Premium/Discount to List
$75,000
10%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.51%
Original Mortgage
$577,500
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2023
Closed on
Apr 19, 2023
Sold by
Shah Avani
Bought by
Shah Avani and Mehta Sahil
Seller's Agent
Mary Russell
RE/MAX Town & Country
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$750,000
Sold Price
$825,000
Premium/Discount to List
$75,000
10%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
6.42%
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
Mehta Sahil -- --
Shah Naresh $560,000 --
Mehta Samir -- --
Shah Avani -- --
Shah Avani $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Naresh $392,000
Previous Owner Shah Avani $577,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2023 04/19/23 Sold $825,000 0.0% $460 / Sq Ft
02/08/2023 02/08/23 Price Changed $825,000 +10.0% $460 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $750,000 -- $419 / 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
2025 $2,795 $223,480 $186,400 $37,080
2023 $2,048 $72,560 $36,000 $36,560
2022 $240 $70,520 $38,200 $32,320
2021 $1,910 $68,480 $37,080 $31,400
2020 $199 $67,680 $36,640 $31,040
2019 $178 $64,120 $36,000 $28,120
2018 $58 $57,240 $29,880 $27,360
2017 $60 $57,240 $29,880 $27,360
2016 $117 $60,320 $35,280 $25,040
2015 $118 $60,320 $35,280 $25,040
2014 $119 $60,320 $35,280 $25,040
Source: Public Records

Agents Affiliated with this Home

  • Mary Russell

    Seller's Agent in 2023

    Mary Russell

    RE/MAX

    (770) 354-6522

    1 in this area

    55 Total Sales

    Mary Russell
    Section Image
  • THOMAS A RUSSELL

    Seller Co-Listing Agent in 2023

    THOMAS A RUSSELL

    RE/MAX

    (770) 324-5157

    1 in this area

    1 Total Sale

    THOMAS A RUSSELL
    Section Image
  • Glenda Broker

    Buyer's Agent in 2023

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10124456

Georgia MLS

APN: 14F-0145-LL-008-5

Georgia Fulton County Atlanta 30349

3498 Demooney Rd, Atlanta, GA

This home is located at 3498 Demooney Rd, Atlanta, GA 30349 since 20 January 2023 and is currently estimated at $451,394, approximately $251 per square foot. 3498 Demooney Rd is a home located in Fulton County with nearby schools including Cliftondale Elementary School, Sandtown Middle School, and Westlake 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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