NOT LISTED FOR SALE

3531 Stone Dr Marietta, GA 30062

Estimated Value: $552,000 - $647,292

3.1 Acres
$193,653 Price per Acre
135,036 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $495,000 $250 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,726/month

224 Days on Market

Highlights

  • Lake On Lot
  • Lake View
  • Deck
  • Shallowford Falls Elementary School Rated A
  • Community Lake
  • Contemporary Architecture

About This Lot

As of December 2022

3-acre lot w/ 3/2 contemporary home in Lassiter High School. This lot could be subdivided for multiple building lots. Property is private and wooded with lake views from the front of the property. One of the last lots left in this highly desirable area of Cobb County. Priced for multiple building lots. The home is most likely a teardown. Call for details.

Last Agent to Sell the Property

Kevin Smith

Sharkey Real Estate, LLC. License #355277 Listed on: 04/22/2022

Last Buyer's Agent

Shannon Cartrett

Atlanta Communities License #388880

Atlanta Communities

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1981

Lot Details

  • 3.1 Acre Lot
  • Property fronts a private road
  • Back Yard Fenced
  • Brush Vegetation
  • Private Lot
  • Sloped Lot
  • Mountainous Lot
  • Landscaped with Trees

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Fixer Upper

Interior Spaces

  • 2-Story Property
  • Bonus Room
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Shallowford Falls Elementary School
  • Simpson Middle School
  • Lassiter High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 16031800120

Community Details

Overview

  • Mountain Lake Estates Subdivision
  • Community Lake

Recreation

  • Lake On Lot
  • Deck

Property Details

Property Type

Land

Est. Annual Taxes

$1,466

Year Built

Built in 1981

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: Land Lot 318 of the 16th District, 2nd Section of Cobb County
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Current Classification: Developed/Zoned Residential
  • Property Condition: Fixer Upper
  • Year Built: 1981
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Interior Features

  • Additional Rooms: Bonus Room

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Fencing: Back Yard
  • Patio And Porch Features: Deck
  • View: Lake

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Mountain Lake Estates

Schools

  • Elementary School: Shallowford Falls
  • Middle School: Simpson
  • High School: Lassiter

Lot Info

  • Acres: 3.1000
  • Lot: 4
  • Timber: Hardwoods
  • Land/Lot: 318
  • Possible Use: Multi-Family, Residential
  • Section G M D: 2
  • Current Zoning: SFR
  • Plat Book: 63
  • Plat Page: 120
  • Current Use: Residential
  • House On Property: Yes
  • Lot Features: Lake On Lot, Mountain Frontage, Private, Sloped
  • Lot Dimensions: x
  • Parcel Number: 16031800120
  • Price Acre Dollar: 159677.42
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1466.00
  • Assessor Parcel Number: 16-0318-0-012-0
  • Close Date: 2022-12-16
  • Tax Year: 2021

MLS Schools

  • Elementary School: Shallowford Falls
  • High School: Lassiter
  • Middle School: Simpson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Dec 16, 2022
Sold by
Thorburn Cynthia J Palmer
Bought by
Lewelling Kevin W and Lewelling Sarah T
Seller's Agent
Kevin Smith
Sharkey Real Estate, LLC.
Buyer's Agent
Shannon Cartrett
Atlanta Communities
List Price
$545,000
Sold Price
$495,000
Premium/Discount to List
-$50,000
-9.17%
Total Days on Market
224
Views
28
Current Estimated Value
$600,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,323
Avg. Annual Appreciation
8.16%

Purchase Details

Listed on
Apr 22, 2022
Closed on
Dec 15, 2022
Sold by
Thorburn Ronald Palmer
Bought by
Lewelling Kevin W and Lewelling Sarah T
Seller's Agent
Kevin Smith
Sharkey Real Estate, LLC.
Buyer's Agent
Shannon Cartrett
Atlanta Communities
List Price
$545,000
Sold Price
$495,000
Premium/Discount to List
-$50,000
-9.17%
Views
28
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
Lewelling Kevin W $495,000 --
Lewelling Kevin W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thorburn Ccynthia P $60,000
Previous Owner Thorburn Cynthia P $100,000
Previous Owner Thorburn Cynthia P $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $495,000 -9.2% $250 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $545,000 0.0% $275 / Sq Ft
10/17/2022 10/17/22 For Sale $545,000 +10.1% $275 / Sq Ft
10/15/2022 10/15/22 Off Market $495,000 -- --
10/08/2022 10/08/22 For Sale $725,000 +46.5% $366 / Sq Ft
10/07/2022 10/07/22 Off Market $495,000 -- --
04/22/2022 04/22/22 For Sale $725,000 -- $366 / 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 $5,970 $198,000 $152,320 $45,680
2023 $5,970 $198,000 $152,320 $45,680
2022 $1,502 $280,808 $209,144 $71,664
2021 $1,466 $268,904 $206,712 $62,192
2020 $1,466 $268,904 $206,712 $62,192
2019 $1,288 $209,324 $151,992 $57,332
2018 $1,288 $209,324 $151,992 $57,332
2017 $1,176 $209,324 $151,992 $57,332
2016 $1,014 $154,608 $97,276 $57,332
2015 $1,081 $154,608 $97,276 $57,332
2014 $1,066 $145,344 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7033500

First Multiple Listing Service (FMLS)

APN: 16-0318-0-012-0